You will hear JCK Editor-in-Chief Victoria Gomelsky and News Director Rob Bates talk about Ben Bridge and Pandora, Tucson shows and 2022 predictions.
00:30 Victoria and Rob explain that 2021 has been a good year for the jewelry industry.
9:15 AM Seattle-based Ben Bridge is parting ways with Pandora, and Rob explains what that means for the franchise.
1:16 PM Rob and Victoria discuss ownership of Robbins Brothers, another West Coast company.
5:16 PM Victoria is excited to go to the Tucson Gem Shows.
21:35 Victoria recounts the article in which she interviewed 22 people about their predictions for the jewelry and watch industry in 2022.
Hosts: Rob Bates and Victoria Gomelsky
Producer and engineer: Nathalie Chomet
Taken : jckonline.com, @jckmagazine
After talking about the evolution of the pandemic, Victoria mentions a 2021 ‘December to remember’ email she received from Abe Sherman, CEO of Buyers Intelligence Group, looking at how good jewelry sales were. in industry. Rob and Victoria marvel at the success of the jewelry industry and the fact that the jewelry market is potentially bigger than expected. The question remains: how to make it last?
Ben and Pandora Bridge
Rob talks about Ben Bridge’s decision to sell his 37 Pandora franchise stores back to Pandora. These 37 stores include most West Coast Pandora stores. Pandora has gone back and forth between wanting to control its own stores and letting other brands control its sales. Rob then explores how he thinks Ben Bridge might grow in the future.
Rob talks briefly about another West Coast jeweler, Robbins Brothers, a chain of 15 stores owned by private investors, which has set up a new management-led buyout.
The Tucson Gem Shows
Victoria goes to Tucson for the gemstone shows! Centurion opens in a new location this month. She spoke to Howard Hauben, the organizer of Centurion, and he says they’re going full steam ahead. The Tucson shows are as well. Victoria notes that there will be supply constraints and prices will rise for quality products. The pearl market is also limited due to lack of harvest. An advice? If you like something, buy it. Prices are expected to rise, so you’re going to want to grab what you can while you can.
Rob hopes that in March we can have a good 24K weekend. Victoria notes that the Gem Awards also have a very strong roster. Thinking about this year and what to expect, Victoria recalls her article interviewing 22 people in the jewelry industry asking the question, “What is your boldest prediction for the jewelry and jewelry industry? watchmaking in 2022? She says their responses were mostly positive, but there was a belief that people would be judged on their actions, which means you can’t brag about your values anymore. Now you need to show how your business aligns with them.
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