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Diamonds.net - US Jewelry Industry Closure Rate Increases

The number of active US jewelry businesses continued its downward trend in the third quarter, according to the latest data from the Jewelers Board of Trade (JBT).Some 152 businesses shut during the three months ending September 30, compared with 113 in the same period a year earlier, the JBT. ....

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Diamonds.net - US Jewelry Industry Shrinks as Closure Rate Grows

The number of active US jewelry companies continued to decline in the second quarter, according to the latest data from the Jewelers Board of Trade (JBT).Some 161 businesses shuttered during the three months ending June 30, compared with 143 in the same period a year earlier, the JBT said last. ....

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Diamonds.net - Number of US Jewelry Businesses Declines

The US jewelry industry continued to downsize in the first quarter, according to the latest data from the Jewelers Board of Trade (JBT).Some 187 companies exited the sector during the three months ending March 31, compared with 142 in the same period a year earlier, the JBT reported Wednesday.. ....

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Diamonds.net - JBT Elects Richard Katz as Chairman

The Jewelers Board of Trade (JBT) has named Richline Group’s Richard Katz as chairman of its board.

Katz, who is senior vice president at Richline, has volunteered on the JBT board since 2008 and was most recently its vice chairman, the organization said Wednesday. He succeeds Ann Arnold,. ....

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Diamonds.net - Fewer US Jewelry Stores Closed Doors in 2021

The number of US jewelry businesses exiting the trade decreased 11% in 2021, according to data from the Jewelers Board of Trade (JBT).A total of 536 firms discontinued operations during the year, compared to 605 in 2020, the JBT said Tuesday. Of those, four went bankrupt, while 109 dropped out. ....

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