Prepared Not Scared
“If you’re not worried, you need to worry. And if you’re worried, you don’t need to worry”
Legislation or Guidelines? The Marking of Diamonds
I received quite a few comments about this subject. I wanted to address one topic that was mentioned several times as well as a follow-up regarding expectations.
A Marking Act – For Diamonds
The time has come to update the Marking Act again, but this time, adding diamonds to the act.
You Reap What You Grow
It is stunning, albeit not at all surprising, to have witnessed the extraordinary rise and collapse of manufactured diamond prices in what should be measured in months, not years.
Chicken or Egg?
If you are following us on LinkedIn or Facebook, you may have noticed the steady stream of new BIG Network™ vendor announcements over the past couple of years. As of today, we have about 90 brands in the network with more on the way!
Tucker is an Optimist
Hours can go by without any sign of Tucker – I never know where he is in the house, until I open up the refrigerator or a package of food.
Nowcasting
Ah, the elusive forecasting model – let’s predict future revenue based on prior results and current trends.
Compared to What?
There has been so much talk about recession, causing what I feel is unfounded worry. This is not to say that you should be planning for sales increases, but that you understand how you might want to compare this year to 2020 & 2021, which were arguably the best performing two years in our industry’s history.
You Have to Kiss a Lot of Frogs
We can’t find good people! This isn’t a new assertion of course, but lately it seems I’ve been hearing it a lot more. They are out there...So, go find them!
The Roaring 20’s
History doesn’t necessarily repeat itself, but it does often rhyme. Having just come off of the best year for retail jewelry sales, perhaps ever, the questions are, how long will this last and how to plan for the rest of this year.