SimplexDiam Blog

A Gradual Safe Return!

shail@simplexdiam.com (Shail Madhvani) — Fri, 01 May 2020 21:58:28 GMT

A Gradual Safe Return!

"Never,

never,

NEVER,

Give Up."

~Winston Churchill

We Wish A Gradual Safe Return To All our Friends, Customers, and Trading partners!

The last month has been a challenging one - filled with anxious moments during which each of us worried about health, family and friends. Each Of Us are now pondering how to move past this towards a new future - One in which we do not know all the answers.

As we move forward, we are here to help in the best way we can = ) We look forward to seeing Each of you in person, until such a time we hope to chat with you in the near future.

Below is a listing of our specials as well as our manufactured best sellers we can ship every few days. Mother's Day is Next week!!

In the spirit of being virtually in touch - Many of our best sellers are now uploaded on our functional website: shop.simplexdiam.com along with images to promote them on social media. (This is a business to business website so it will require logging in as well as reseller tax id information.) Or just call us - we would love to speak with you = ) We can be reached at : +1 (212) 883-0888 or email us at sales@simplexdiam.com

"I get by with a little help from my friends."

~John Lenon

Closeouts At JCK 2016 And the New JIS Exchange (June 3-6, 2016)!

sales@simplexdiam.com (Sales SimplexDiam) — Wed, 01 Jun 2016 00:15:50 GMT

Its JCK Time - Prepare For the Hunt! Closeouts At JCK 2016, And the New JIS Exchange. Our Entire Flyer Is Now Available

We have many of our tried and tested price points including Bridals (with centers): 0.75 ctws starting at $529 and 1.00 ctws at $599. Fashion product: 0.50 ctws starting at $199, 1.00 ctws at $399 and 2.00 ctws at $549. This year we have an entire assortment of Classic Bands, 14k 1.00 ctw (GH, SI) at $699! Not to mention Inexpensive Color Stone Jewelry ($75), Dazzling Diamonds ($129), Heavy Mens Rings $299 to $499, Bracelets at unbeatable prices and plenty of Special Patented Product and well Recognized Designers! Make sure to visit BOTH of our locations Mandalay Bay Booth B40155 as well as JIS Exchange Tropicana Booth 1272.

Breaking News! Make sure to stop by and see Unique Natural Fancy Color Diamond jewelry pieces at prices a fraction of the manufactured cost (very limited supply) Prices $499 to $11,500.

SimplexDiam Mentioned in Professional Jeweler for Direct Sourcing May 2004

sales@simplexdiam.com (Sales SimplexDiam) — Wed, 17 Feb 2016 20:24:59 GMT

SimplexDiam, Inc offers outsourcing services for U.S. retailers...Read more

Large Bridal Liquidation Purchase in Excess of $7,000,000 at Retail

sales@simplexdiam.com (Sales SimplexDiam) — Thu, 31 Mar 2011 15:30:00 GMT

SimplexDiam announced today the purchase of the entire residual inventory from a Midwest bridal wholesaler. The sale included more than 3,000 jewelry pieces at over $7,000,000 retail. SimplexDiam won 100% of all the lots despite bids from various competing liquidators.

The residual inventory auction is well timed for the upcoming bridal season in the United States. Retailers are bracing for a very difficult purchasing environment in ensuing months. Gold has repeatedly crossed (and presently remains) above the 1,400/oz threshold and diamond prices have advanced past pre-recession levels in many categories. It will look increasingly difficult if not impossible to retain last year's price points in many jewelry categories unless retailers make opportunistic purchases.

This purchase combined with the aggressively priced closeout diamonds that SimplexDiam is bringing to the Chicago Smart Show this weekend (April 2nd - 4th, 2011) and the JIS Miami show the following weekend (April 9th - 11th, 2011) will be a great opportunity for its customers. SimplexDiam brought the Christian Bernard liquidation to the Chicago show 2 years ago.

JA NY Bridal Jewelry Blowout! July 25th to 28th 2010, Booth 2340!

sales@simplexdiam.com (Sales SimplexDiam) — Wed, 21 Jul 2010 14:00:00 GMT

Fresh! Gems TV Inventory Just Purchased!

Brands from Christian Bernard: Hearts On Fire & Many More!

STUDS Blowout! Be prepared for the season!

Rounds, 0.20 ctw; $20, SS+14kt
Rounds, 0.50 ctw; $250-$300; 14kt; I-J SI2-VS2
Princess, 0.78 ctw; $450; I-J SI3
Princess, 1.25 ctw; $600; I-J SI3

More Brands At Unbelievable Prices

Henry Dunay
Yurman
Hardy
Hearts on Fire
Gucci
Roberto Coin
Gregg Ruth
Peter Storm
Kurt Wayne

Simplex Also Won: Henry Dunay, BBB's Estate Collection, Whitehall, Colibri, Christian Bernard, Fortunoff, IDG Jewelers, Downey Creations

LIMITED QUANTITIES WHILE SUPPLIES LAST

This website is for informative purposes only and SimplexDiam Inc. does not guarantee, or make any warranties to the accuracy of the information. All carat weights are approximate, pricing is subject to change, and quantities are limited. Any names or trademarks used besides SimplexDiam Inc, SDX, are not the property of SimplexDiam Inc. Brand names used are for new or estate pieces that carry the correct matching trademarks. Items have been purchased legitimately from the owner of the brand, or from customers of the owner of the brand. All items are new, or refurbished, and do not come with chains. We do our best to make sure that we represent things accurately, please forgive any mistakes.

Visit SimplexDiam at JCK Vegas (June 4-7), Booth 47035

sales@simplexdiam.com (Sales SimplexDiam) — Sat, 22 May 2010 14:00:00 GMT

It's that time of year! We must sell more to buy more at auctions. All items in stock marked down to sell. Visit our website for a sneak peak at our JCK 2010 Flyer.

SimplexDiam won the following jewelry closeout inventories: IDG Jewelers, Downey Creations, Henry Dunay, Whitehall, Colibri, etc. These inventories and much more available at our Booth.

Brands available: Peter Storm, Kurt Wayne, Gregg Ruth, Krementz, Shiman Religious, David Yurman, Caviar By Lagos, Roberto Coin, Stephen Dweck, Le Vian, Henry Dunay, John Hardy, Hidalgo, Mikimoto, Gucci, Honora, Kristina, Gruppo il Gioiell, Hammerman, Diana Classic, Aurea, Takohi, Leslie Greene, Benchmark, Vera Wang.

Have excess inventory? Loose? Scrap? Vintage Pieces? Estate Pieces? We will be buying at the JCK Show! Turn your inventory into cash and buy more.

Call us at: +1 (800) 233-1155, Contact Us, Or See Us at the Show.

Why liquidators are a retailer’s best friend

shail@simplexdiam.com (Shail Madhvani) — Mon, 28 Dec 2009 16:51:00 GMT

Every day it seems we hear about another jewelry store closing or in bankruptcy. Jules R. Schubot in Troy, Michigan; Standt’s in Muncie, Indiana; Carrol’s Jewelers in Coral Gables, Florida; and Mednikow’s branch in Atlanta are just a few of the big-name independents recently announcing they are closing. Leo Robbins & Sons in Philadelphia is being forced into bankruptcy. And the Finlay going out of business sale is going on across the country.

Given the difficult year for retailers, more bankruptcies and other types of restructuring are likely in the months ahead. And when retailers go under, banks and other creditors end up holding the jewelry inventory. What they want, of course, is cash instead.

You know what often happens next: the big going-out-of-business-sale posters go up and big discounts are advertised. Even if the discounts aren’t that large, the perception in the market is that jewelry is cheap. This tarnishes the image of our product and also trains the consumer to buy only at sales.

But there’s another possibility. If, instead of that liquidation blow-out sale, a closeout specialist goes in and buys the inventory of the distressed retailer, the market in that town stays healthy. There isn’t the same amount of deep-discount advertising and there is less price pressure in the market.

And the liquidation specialist now offers the deeply discounted merchandise to other retailers. They can pass along the great values to their customers.

The healthy retailer stays healthy, with less competition in the market. The customer still gets to buy at attractive prices from a retailer who will be there to take care of him in the years to come. Everybody wins. That’s why, in times like these, the liquidation specialist is the retailer’s best friend.

Make Money on the Market

shail@simplexdiam.com (Shail Madhvani) — Thu, 02 Apr 2009 15:55:00 GMT

THE PROBLEM:

The true value of diamonds has been dropping for months. Everyone hears about the economy tanking, the mortgage crisis, imminent auto manufacturer bankruptcies, factories closing down, and more.

Then why when you call suppliers for a stone, do they only give you a nominal discount?

It’s not so simple to explain what I think happened, but it is important to understand the situation. So here goes…

The crisis led to the greatest single drop in the demand for diamonds in decades. Supplies hit record highs. Factories stopped cutting. Suppliers sold off their most attractive stones quickly to generate cash to run their businesses. Without the replenishment of new goods, they got left with off-sizes, odd cuts, and unattractive qualities.

This led to very low inventories of the most attractive stones, but very high inventories of the ones that sell slowly or not at all.

Most calls retailers make are for the more attractive product and that’s why they give a price that isn’t so very exciting.

THE PLAN:

When you call for a diamond, don’t ask for the specific stone you want immediately. Ask your supplier what they are trying to get rid of. Let them send you a list. Search Rapnet, Blue Nile, IDEX and every other resource you can to get a reading on each stone. Then fight, fight, fight.

Now here’s the hard part…I know it’s hard because I do it with retailers all day long. And eventually they thank me for it.

You have to sell your customer on what you can get and not on what he or she wants. Explain to them that the best way to get the biggest, cleanest, most colorless stone is to keep an open mind. That instead of selling them an impulse stone, you want to sell them an investment stone. Save them money, give them a better stone, and make some extra for yourself. Everybody wins and you have a customer for life.

Email me: neel@simplexdiam.com I’d love to hear your opinion.

The rest of my info’s on our site.

Warmest, N

Sparkle Week

shail@simplexdiam.com (Shail Madhvani) — Wed, 04 Mar 2009 17:02:00 GMT

Finally we have a week for Jewelry in New York. Mayor Bloomberg will be issuing a proclamation that April 20-26th will be considered “Sparkle Week.” Department stores, jewelry retailers, and others are expected to promote aggressively and help build this into a major event.

News: Robbins Brothers Files Chapter 11

shail@simplexdiam.com (Shail Madhvani) — Wed, 04 Mar 2009 17:00:00 GMT

Robbins brothers filed chapter 11 today. It is expected that they will be split into two parts, each sold off. Consensus Advisers will be financial adviser to the creditors. Another one down. There has to be a record in there somewhere.