UPCOMING TRADE SHOWS

Shail Madhvani

Shail Madhvani

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A Gradual Safe Return!

Shail Madhvani

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 
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Topics: A Gradual Safe Return!

Why liquidators are a retailer’s best friend

Shail Madhvani

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.

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Topics: Articles

Make Money on the Market

Shail Madhvani

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.

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Topics: Articles

Sparkle Week

Shail Madhvani

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.

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Topics: Articles

News: Robbins Brothers Files Chapter 11

Shail Madhvani

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.

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Topics: Articles

SimplexDiam Keeps Winning

Shail Madhvani

Ok so this is our chance to boast.

After we won the Friedman’s deal: Click Here

We went on to win the Whitehall deal: Click Here

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Topics: Articles

Fortunes

Shail Madhvani

I’ve started hearing good things again. As some customers are seeing more and more difficult times, others have turned the corner. Today, the call of the day was from a customer in the South. In the last ten days he sold ten stones over 1 carat. That’s impressive.

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Diamonds Forever?

Shail Madhvani

I was sitting in the train a few days back listening in on a conversation. Riders beware, this is a regular event.

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India, Armageddon, & Other stories

Shail Madhvani

I just returned from India after the shortest trip I’ve had in years. It is impressive what sentiment will do in a third world country. From my ships window, the small portal I have into the larger world, things seem surprisingly okay over there. The markets are flailing, with people suggesting another thousand point drop. The banking industry is tightening its lasso around corporate necks. The mortgage market is very safe but as a result the real estate inventories are astoundingly high. And yet…and yet. Perhaps it’s wishful thinking, but I do believe India as a whole is just in a funk whereas New York and America seem to have found a canyon.

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Mud in the Rough

Shail Madhvani

For 24 months all we have heard is that rough is more and more and more expensive. Every day one self elected guru or the other would inform me that rough diamond prices and polished prices have not been historically linked. This is like saying that gold coin has nothing to do with gold bullion. I believe the correct word is speculation.

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