Compensation is a known contentious issue amongst most business partners, but even more so in a family business. Often, decisions made by parental owners can impact the personal and professional relationships of the next generation.
Coloured gems sell—we don’t even need to classify them as ‘precious’ and ‘semi-precious’ anymore. Depending on a stone’s provenance and rarity of colour and size, today’s shoppers are willing to dig deep into their pockets and shell out serious money for many rainbow-hued gemstones.
In recent years, evolving consumer demands and concerns over ‘conflict’ diamonds and minerals have coincided with the emergence of a powerful data-tracking approach known as ‘blockchain.’ This technology, in development since the 1980s, anchors a core tenant of ethical sourcing: traceability and transparency.
Ultimately, all businesses need a succession plan. While many owners believe they have one in place, experience would indicate that, unless this is documented and reviewed on a regular basis, it is common to find multiple owners have varying expectations about their operation’s succession plan.
Why have beads remained so consistently significant throughout the ages? For starters, humans love symbolism—and beads suit this role to a T. Dating back to their inception, these decorative droplets have served as symbols of status and were traded all over the world. Some particularly superstitious cultures wore beads...
Amidst the increasingly ubiquitous use of mobile devices and the massive success of e-commerce, the current era has been dubbed by many as the ‘post-PC’ world. Indeed, more than half of all internet traffic comes from mobile devices.
For many, JCK Las Vegas is the industry’s premier event and a vital stop on the journey toward the holiday season. The anticipation for this year’s show was, predictably, compounded: after more than two years of pandemic-related restrictions, the event offered attendees a level of normalcy and feelings of...
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