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Consumers to Spend Second-Highest Amount on Record, According to NRF Holiday Survey

Reading Time: 3 minutes (WASHINGTON) – Consumers plan to spend $890.49 per person on average this year on holiday gifts, food, decorations and other seasonal items, according to the National Retail Federation’s annual consumer survey conducted by Prosper Insights & Analytics. The amount is the second-highest in the survey’s 23-year history and falls only 1.3% less than last year’s record of $901.99. “Time and again, Americans prioritize spending on loved ones for holidays despite economic uncertainty,” NRF Vice President of Industry and Consumer Insights Katherine Cullen said. “With more consumers planning to seek out sale events this year, retailers are prepared to deliver on deals and value to ensure consumers have everything they need to make the holiday special.” Nearly all U.S. adults (91%) plan to celebrate winter holidays such as Christmas, Hanukkah or Kwanzaa this year, in line with recent years. Out of the total, $627.93 will go to gifts for family and friends. The...

The Story Behind the Stone: Orange you Loving This?

Reading Time: 7 minutes A decade or two back, many bona fide jewelry collectors didn’t fully understand that natural diamonds were produced in a jaw dropping palette of tints. The few people that were on to them expected these colorful jewels to be man-made like so many ‘unbelievable’ stones on the market. Actually earth mined natural fancy color orange diamonds are a rarity. But they do exist. The few that have come to market have elicited a global frenzy – either to bid on them, or for the privilege of gazing upon them. The treatment of natural diamonds can transform them into bold colors. Diamonds can be induced into exhibiting an orange shade by exposing them to specific radiation or heat. Of course lab-grown stones are now being manufactured in vivid hues these days. The Orange Standard In 2013 Christie’s auction house sold the world’s largest fancy vivid orange diamond ever produced – to date. It is simply named The Orange. At 14.82 carats, the pear shaped stone had notes ...

Ep 98_ Legacy, Love & Jewelry: Todd Malcolm’s Journey with Malcolm Jewelers

Reading Time: 3 minutes In this episode of the Pearls of Wisdom Jewelry Podcast , we sit down with the remarkable Todd Malcolm of Malcolm Jewelers in Moline, Illinois. A third-generation jeweler with more than 39 years of experience, Todd carries forward an 80+ year family legacy that began with his grandfather in 1941. From their roots in Philadelphia to building one of the Quad Cities’ most trusted jewelry names, Malcolm Jewelers has stood as a symbol of craftsmanship, family, and community. Todd shares how he boldly transformed the business in 2003 from a traditional 3,000-square-foot full-scale jewelry store into a specialized, by-appointment-only jeweler. This shift not only allowed him to reduce overhead but also gave him the freedom to connect personally with clients and focus on what he does best: custom jewelry design, restoration, and one-of-a-kind creations. His celebrated Stories from the Heart Collection —inspired by love, family, faith, and personal milestones—repre...

Nathalie Kelley Strikes Gold, Sustainably

Reading Time: 6 minutes (NEW YORK) – Actress and activist Nathalie Kelley – known for her roles in Fast and Furious: Tokyo Drift , The Vampire Diaries , Netflix’s The Baker and the Beauty , and Motorheads – is using jewelry design to tell a story of sustainability, empowerment, and regeneration. Kelley has designed a one-of-a-kind jewelry piece for Pure Earth’s 2025 Pure Gold Auction, which aims to raise awareness about the global impact of mercury pollution from gold mining. For the first time ever, the Pure Gold Auction will be featuring 100% ethically sourced Fairmined gold from AMATAF, the woman-led network of artisanal miners in Madre de Dios, Peru, who have worked with Pure Earth for years to eliminate mercury from their mining practices. Nathalie Kelley wearing her (in collaboration with Peruvian jewelry designer Andrea José) design. Photo by Pablo Costanzo Of Quechua descent, Nathalie has become a passionate voice for protecting the Peruvian Amazon and the indigenous ...

Consumers Expected to Return Nearly $850 Billion in Merchandise in 2025

Reading Time: 6 minutes (WASHINGTON) – Retailers estimate that 15.8% of their annual sales will be returned this year, totaling $849.9 billion, according to the 2025 Retail Returns Landscape report recently released by the National Retail Federation and Happy Returns, a UPS company. The returns rate is in line with 16.9% last year, when returns totaled $890 billion. “Returns are no longer the end point of a transaction,” NRF Vice President of Industry and Consumer Insights Katherine Cullen said. “They provide an opportunity for retailers to create a positive experience for customers and can translate to brand loyalty. Retailers are constantly evolving and working to meet customer expectations, and they recognize the importance the returns process plays.” While overall return rates may remain steady, some areas are facing more pressure than others. According to the report, an estimated 19.3% of online sales will be returned in 2025. Additionally, as Gen Z’s influence grows, so d...

Retailers Express Excitement with GN Diamond’s new Easy to Use App

Reading Time: 4 minutes GN Diamond is now providing independent jewelers with an easy to use App called Diamond Hunt. Jewelers can now take advantage of this powerful online inventory search and presentation tool complete with 360-degree videos, third-party light performance grading and GIA certificates at your fingertips. One Diamond Hunt feature in particular delights customers both on-line and in store: the third party-verified light performance score. Complete with high-res photos and detailed measurements, this engaging visual sales tool is being used more than ever by independent jewelers to drive online sales and in person sales. This App is easily illustrated from a mobile phone, i-pad or stationary computer to share with clients during a sales presentation or simply by sending a link of the diamond for a customer to view. Captivate Customers with an Easy Sharable Link The third-party light performance score makes it easy to communicate the meaning and value of brightnes...

WJA Foundation Announces 2025 Scholarship Recipients

Reading Time: 2 minutes The WJA Foundation has announced the recipients of the 2025 WJA Foundation Scholarships – supporting emerging and established jewelry professionals pursuing education, professional growth, and leadership within our industry. Designed to nurture growth and innovation in the field, each scholarship reflects the unique legacy and values of its namesake and highlights WJA’s ongoing mission to support and advance women working across all areas of the jewelry and watch industry. The Women’s Jewelry Association (WJA) congratulates all of this year’s recipients and celebrates their passion, creativity, and commitment to advancing the world of jewelry. 2025 Scholarship Awards Stuller Bench Jeweler Scholarship – Alejandra Garcia Hedda Schupak Memorial Scholarship – Nadja de Sá Van Diest Helene Fortunoff Women in Retail Scholarship – Shannon Sallis Cindy Edelstein Jewelry Design Scholarship – Ani Khachian Gabriel Love Foundation Scholarship – Elizabeth All...