Here’s a good comprehensive article about the post-recessionary luxury market, from Women’s Wear Daily’s August 4 edition. Subscription may be required. http://tinyurl.com/wwdarticle
Henri Baguirdjian, president and CEO of Graff, was interviewed by CNBC about the investment value of a jewelry gift. If “investment” and “diamonds” in the same breath evoke an early-‘80s shudder, note Baguirdjian’s emphasis on “small percentage” of assets—not swapping your mutual funds for a pouch of diamonds. http://www.cnbc.com/id/38933777
Analyst Ken Gassman breaks down demographic spending for jewelry in this article from Idex Online, reprinted in National Jeweler: http://tinyurl.com/Gassman
As Kimberley Process detractors now include prominent industry figures, Rob Bates offers a valid argument against throwing out the proverbial baby with the bathwater.
Finally, click below for a chart showing August’s rise in consumer confidence and corresponding measurements against retail and unemployment, courtesy of Wells Fargo Securities’ economics group. http://tinyurl.com/WellsFargo-Confidence