Last time, we concentrated on the effects climate change might have on the jewelry business. This time, we cover a long lasting trend, the continuing consolidation of the business. It has effects that are particular to our industry. ____________________________________ Here is the list of issues we have been covering — we are up to number 4. The Gig Economy Millennials Climate Change Consolidation and/or Decline Natural Diamonds vs Lab-Grown Banking Image Demographics Retail Evolution Industry Structure _______________________________________ Consolidation and/or Decline It’s not news to anyone that retail in the US has been consolidating and evolving for decades. Think of what has happened in drug stores, books, software, electronics, and department stores. In some cases it has been near total. Macy’s, for example, has absorbed hundreds of operations — in some cases merging with or buying some firms that had in t...
Observations on trends and events in the gem and fine jewelry business.