From tighter diamond controls to record Valentine's Day spending and lab-grown consolation prizes, this week's diamond industry news shines a light on changing regulations, consumer trends, and innovative approaches to sparkle. Dive in for the details!
Read MoreIn the world of diamonds and jewelry, this week has seen calls for tax reduction, a new face in leadership, and a push for sustainability
Read MoreWe are thrilled to announce an exciting partnership between Owl Financial Group and the Centurion Jewelry Show!From January 27th to 31st, 2024, Centurion will host the crème de la crème of the jewelry world in Phoenix, Arizona.
Read MoreThe diamond industry is set for a sparkling 2024, with key trends reshaping the landscape.
Read MorePreparing for THE ORIGINAL MIAMI BEACH ANTIQUE SHOW at the Miami Beach Convention Center this weekend (January 11-15, 2024)? Wondering how to unlock the Full Potential of Your Experience?
Owl Financial Group is your key to maximizing this prestigious event.
Read MoreI am thrilled to announce that as the CEO of Owl Financial Group, I have become a member of two esteemed organizations—the World Diamond Council (WDC) and the Jewelers Vigilance Committee (JVC). These memberships signify our dedication to upholding the highest standards of ethics, compliance, and integrity within the international diamond and jewelry industries.
Read MoreA new report from Bain & Company predicts that nominal US retail sales will slow this holiday season, with the lowest growth rate since 2018. The projected growth for unadjusted seasonal sales in November and December is 3.0% year-over-year (YoY), with an estimated total of nearly $915 billion. However, when accounting for inflation, the growth of real US holiday retail sales is expected to be sluggish, with an only 1.0% increase.
Read MoreSapphires, the September birthstone, have entranced humanity for their rare beauty and enduring appeal. The term "sapphire," rooted in the Greek word "sappheiros" meaning "blue," epitomizes these gemstones' allure. While prized for their deep blue shades, sapphires also showcase an array of colors due to corundum crystal impurities, like iron and titanium. These treasures hail from locales such as Sri Lanka, Myanmar, and Australia, boasting a Mohs hardness of 9, just shy of diamonds.
Read MoreDiamonds, with their timeless allure, have captivated human civilization for centuries. However, the diamond industry has faced challenges related to unethical practices, including environmental degradation and human rights violations. As consumers become more conscious of their choices, a growing number of companies are leading the way in responsible diamond sourcing, ensuring that every aspect of their operations adheres to ethical principles.
Read MoreThe diamond industry is experiencing a remarkable metamorphosis, driven by the rising popularity of lab-grown diamonds as an alternative to mined diamonds. At Owl Financial Group, while we continue to embrace the natural diamond market, we recognize the shifting landscape.
Read MoreThe global diamond industry is facing a number of challenges, including the slowdown in demand, the rise of lab-grown diamonds, and the increasing importance of sustainability.
Read MoreWith numerous players in the diamond industry, building a strong brand identity is essential for business owners. This article examines the elements of successful diamond branding, including brand storytelling, unique value propositions, visual identity, and brand positioning, to help business owners create a distinct and memorable brand presence.
#branding #diamondjewellery #jewelrybusiness #diamondindustry #alternativefinancing
Read MoreJewelry Show Week in Las Vegas is a highly anticipated event for industry professionals and enthusiasts alike. With prominent showcases like JCK Las Vegas and the Antique Jewelry and Watch Show, this week presents unparalleled opportunities to network, discover trends, and showcase exquisite creations. To make the most of this dazzling occasion, it is essential to have a well-defined strategy in place. In this article, we will explore key tips to help you succeed during Jewelry Show Week in Las Vegas.
Read MoreGreenwashing, the deceptive marketing practice of hiding unethical practices behind a facade of sustainability, has become a pervasive issue in the luxury sector. Misleading claims are made to promote positive impacts on society and the environment, but often lack evidence. Governments and consumer authorities are cracking down on greenwashing, emphasizing the importance of transparency and informed consumer choices. At Owl Financial Group, we stand firmly against greenwashing and are committed to promoting responsible practices.
Read MoreFor financial services, like Owl Financial Group, grading and certifying diamonds is critical to accurately value diamonds and make informed decisions. However, the grading process is subjective, lacks standardization, and can lead to inconsistencies and legal issues.
To address these challenges, the diamond industry is establishing standardized grading systems and utilizing new technologies such as AI and blockchain. AI can help to standardize the grading process by using algorithms to evaluate the quality of a diamond, while blockchain can provide a secure and transparent record of a diamond's grading and certification history.
Read MoreArtificial Intelligence (AI) is transforming industries worldwide, providing unparalleled efficiency and accuracy. The diamond industry can leverage this technology to gain a competitive edge. In this article, we'll explore how Chat GPT, a form of AI, can enhance customer service in the diamond industry.
Read More5 Benefits of Securing Financing with Valuable Assets such as Diamonds, Watches, Gold, and Jewelry
Read MoreUnderstanding Consumer Behavior and Trends for St. Valentine's Day Diamond Jewelry Purchases
Read MoreUnderstanding Consumer Behavior and Trends for St. Valentine's Day Diamond Jewelry Purchases
Read More
