Foot traffic at U.S. malls and shopping centers for Christmas week (12/21 – 12/27) fell 4.9 percent year-over-year, according to ShopperTrak’s Shopper Retail Traffic Index. Meanwhile, retail sales for the same week increased 21.2%, according to the company’s National Retail Sales Estimate.

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A new organization dedicated to antique, estate, and vintage jewelry has launched a Web site designed to provide “an ever expanding repository of information, useful and arcane, related to the subject of period jewelry.”

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New York–The creators of DiamondShark.com have announced the launch of their latest “deal-a-day” Web site, ChronoShark.com.

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The Conference Board Consumer Confidence Index, which had increased moderately in November, declined to a new all-time low in December. The Index now stands at 38 (1985=100), down from 44.7 in November.

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Christian Bernard Stores Corp. filed for Chapter 7 bankruptcy the day after Christmas, citing falling sales and limited access to credit, court documents show.

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Mumbai, India–India’s Gem and Jewellery Export Promotion Council (GJEPC) has declared the official end of its appeal for the country to cease the import of rough diamonds due to overstock and a drop in demand, according to a release from the organization.

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Mumbai, India–India’s Gem and Jewellery Export Promotion Council (GJEPC) has declared the official end of its appeal for the country to cease the import of rough diamonds due to overstock and a drop in demand, according to a release from the organization.

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Clearwater, Fla.–GemAffair.com, an online purveyor of fine gemstone jewelry, is using social-networking media to build buzz–and generate good will.

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Christian Bernard Jewelers, a 30-year old jewelry chain which operates 15-stores, abruptly filed for Chapter 7 on Dec. 26.

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Luxury jewelry appears to have dragged down already slumping luxury sales for the 2008 holiday season, according to data compiled by MasterCard Advisors.

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