P.J.Joseph's Weblog On Colored Stones, Diamonds, Gem Identification, Synthetics, Treatments, Imitations, Pearls, Organic Gems, Gem And Jewelry Enterprises, Gem Markets, Watches, Gem History, Books, Comics, Cryptocurrency, Designs, Films, Flowers, Wine, Tea, Coffee, Chocolate, Graphic Novels, New Business Models, Technology, Artificial Intelligence, Robotics, Energy, Education, Environment, Music, Art, Commodities, Travel, Photography, Antiques, Random Thoughts, and Things He Like.
Saturday, July 12, 2008
Nicholas White Update On Jewelry Markets
Nicholas White's analysis on Gitanjali Gems's possible purchase of Whitehall Jewelers @ http://www.glgroup.com/News/Will-Whitehall-Jewelers-be-Acquired-By-Indian-Manufacturer-Gitanjali-Gems--26321.html was interesting because if Gitanjali is able to buy the stores it will represent the beginning of a new era in the US jewelry industry + the question remains if the company has the luster and financial strength to compete with Kay, Zale, Helzberg, Fred Meyer, and discounters like Wal-Mart and grow in India too. Only time will tell.
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