February 19, 2014

2014 Color Forecast
Lorraine DePasque for the American Gem Trade Association
As the New Year blossoms, so, too, does Radiant Orchid, the "2014 Color of the Year." Chosen by the Pantone Color Institute, it's surely one of the freshest shades of the chromatic spectrum-"a dazzling attention-getter," says Leatrice Eiseman, Pantone's Executive Director, often called "the international color guru." In an exclusive interview for AGTA, Eiseman expounded on Pantone's radiant color choice, especially its prominence in jewelry and fashion for Twenty-Fourteen.MORE

White House Introduces New Ban on Commercial Ivory Trade
Jewelers Vigilance Committee - AGTA Member
The White House announced this week that as part of their new National Strategy for Combating Wildlife Trafficking, the U.S. will implement a ban on the commercial sale and trade of elephant ivory. The White House has stated that this ban is the best way to help ensure that U.S. markets do not contribute to the further decline of African elephants in the wild.MORE

AGTA GemFair buyer traffic up 3 percent
National Jeweler
The American Gem Trade Association reports that the 2014 AGTA GemFair Tucson saw a 3 percent increase in buyer traffic from 2013. A total of 8,882 unique buyers attended the event, according to the AGTA, which was up from the 8,601 that attended the prior year.MORE

Call for Entries JCK 2014 Platinum Innovation
Platinum Guild International - AGTA Member
The Platinum Guild International USA is now accepting entries for the JCK 2014 Platinum Innovation Awards, which will be presented at the Mandalay Bay Hotel & Casino in Las Vegas on June 1. The competition is open to exhibitors from the JCK, Luxury, Elite Enclave and AGTA shows. This year, the American Gem Trade Association will sponsor the contest's Platinum and Colored Gemstone category, which is open to AGTA members only. The deadline for renderings is April 10, and complete platinum product submissions are due April 25.MORE

Fall 2014: Color that Transcends Time and Place
Whether it was a particular decade or a trip to a special place, designers are fascinated with the beauty of the past and the spirit of the present—recreating it with color, fabric and style this fall season. Design and color were inspired by everything from books, artisan crafts, photography and retro architecture, to exotic landscapes and the children of rock legends. The diverse color palette takes us on an adventure spanning 100 years—a season roused by various vantage points from past and present.MORE

Natural and synthetic vanadium-bearing chrysoberyl
Pala International, Inc. - AGTA Member
The subject of a new study, led by Dr. Karl Schmetzer on natural and synthetic vanadium-bearing chrysoberyl, would fit nicely in the upcoming Sinkankas Symposium, which will look at "peridot and uncommon green-colored gem minerals." The natural material in this study comes from four localities, one of which was examined last summer by Dr. Schmetzer, Dr. Heinz-Jürgen Bernhardt and Christopher Cavey (see "Vanadium- and chromium-bearing chrysoberyl from Mogok, Myanmar" on Palagems.com).MORE

Signet Jewelers to Buy Dallas-Based Zale Corporation
Two diamond sellers are getting engaged. Signet Jewelers said Wednesday that it agreed to buy Zale Corp. for about $690 million to help it expand in North America.MORE

Platinum, palladium price react as strikes drag on
A prolonged strike at South Africa's PGM mines is finally beginning to impact prices of the metals. Workers at the world's three largest platinum producers, Anglo American Platinum (LON:AAL), Imapala Platinumm (OTCMKTS:IMPUY) and Lonmin (LON:LMI), have been on strike for more than three weeks.MORE

Survey: 'Hyper Growth' Small Businesses Spending More on Social Media
Fox Business
For a majority of small business owners, social media sites aren't just for catching up with high school friends or digesting the latest headlines. A recent survey from LinkedIn finds 80% of small business owners are turning to social media platforms to generate revenue and find new customers.MORE