Amidst the pandemic, one thing is certain: the world of coloured gemstones has changed. Years down the line, COVID might very well act as a dividing line: the market pre- and post-pandemic.
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Following months of lockdown measures, retailers across Canada have slowly and carefully been reopening their brick-and-mortar stores.
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Considering the plethora of unprecedented (pardon the now-tired expression) social and economic changes seen this year, it should come as no surprise there has been a significant shift within the realm of fashion.
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For many retailers, finding a way to harmonize their inventory, customer database, and sales statistics might be just what the doctor ordered.
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If you would like to include natural pearls in your inventory, you don’t have to pay millions or even thousands of dollars for them—but expect to pay a lot more than you would for cultured pearls of the same quality, size, and shape.
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In light of COVID-related concerns, some retail jewellers might decide this is an opportune time to leave the business, but what should you do if you elect to go?
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When an antique-/vintage-style engagement ring is handcrafted, it is unique; no two pieces look the same, and each ring is made to host a selected centre stone that is almost always an original antique cut.
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The process of bringing a gemstone to market is quite different from that of a diamond. Have you ever considered these variances?
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Custom design work should be a prominent offering for any jeweller who wants to combat internet retailers and develop long-term customer loyalty.
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Currently, mining for product used to make jewellery continues just as it always has, with large-scale mines supplying 80 per cent of gold and diamonds and extracting resources as fast as possible.
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