The economic downturn has reduced the demand for diamonds, eliminating players at all points along the supply pipeline, from the mines to the stores.

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The economic downturn has reduced the demand for diamonds, eliminating players at all points along the supply pipeline, from the mines to the stores.

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Net sales at Tiffany and Co. dropped 22 percent to $523.1 million for the first quarter ended April 30, the company announced on Friday.

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World Federation of Diamond Bourses President Avi Paz has called on bourse members not to trade under any circumstances with Kassim Tajideen and Abd Al Menhem Qubaysi, two Africa-based supporters of the Hezbollah terrorist organization who have been placed on the U.S. Department of the Treasury’s terrorist list.

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World Federation of Diamond Bourses President Avi Paz has called on bourse members not to trade under any circumstances with Kassim Tajideen and Abd Al Menhem Qubaysi, two Africa-based supporters of the Hezbollah terrorist organization who have been placed on the U.S. Department of the Treasury’s terrorist list.

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To get through a tough economy that has left little room for error, jewelers need to figure out who their best suppliers and customers are and restructure their advertising to put the focus online.

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For many years, jewelers received word-of-mouth references from top clients who spoke highly of them at the local country club, the golf course or maybe a benefit gala. But now jewelers are getting buzz instantaneously, and often through their own efforts, all of which involve online social networking.

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Las Vegas–Jewelers looking for a product that sets their store apart and holds its own when it comes to margins might want to try natural-color diamonds, retailers told an audience of hundreds at a breakfast event held on Friday morning during the JCK Las Vegas show.

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Las Vegas–Jewelers looking for a product that sets their store apart and holds its own when it comes to margins might want to try natural-color diamonds, retailers told an audience of hundreds at a breakfast event held on Friday morning during the JCK Las Vegas show.

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Fashion and style experts say it’s important to know not only the trends and which designs are hot among today’s stylish consumers, but also to key into those consumers’ personalities and the designs they might find appealing.

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