ECPs Share Their Best-Selling Collections for December 2019

COCO & BREEZY for style and brand story, and CAVIAR for those people looking for something fancy with stones. — Dianna Finisecy, Wagner Opticians, Washington , DC One of the Nouveau brand’s best-selling styles, the Kay Unger New York K209 is a full rim plastic available in two sizes and two colors, brown (shown) and black. MSRP: $112.99 KAY UNGER. Well-priced, classy, conservative. — Susan Holt, Coastal North Vision Care, Myrtle Beach, SC Oakley (7), Ray-Ban (6), Etnia Barcelona (4), MODO (3), Coco & Breezy (2), Draper James (2), FYSH (2), Liz Claiborne (2), Morel (2), Morel (2), Ted Baker (2), Vera Bradley (2) * Brands mentioned by multiple Brain Squad members when asked what had sold well in December. Join at invisionmag.com/brainsquad. If you’re the owner or top manager of a U.S. eyecare business serving the public, you’re invited to join the INVISION Brain Squad. By taking one five-minute quiz a month, you can get a free t-shirt, be featured prominently in this magazine, and make your voice heard on key issues affecting eyecare professionals. Good deal, right? Sign up here. Since launching in 2014, INVISION has won 23 international journalism awards for its publicati...

India is one of the two largest consumers of gold for jewelry (the other being China)

India is one of the two largest consumers of gold for jewelry (the other being China) and is the largest manufacturer of cut and polished diamonds accounting for approximately 75% of the world’s production. Both jewelry-making materials have been under a great deal of pressure this year. First, there is an oversupply of rough diamonds as manufacturers, lacking liquidity, are reducing prices to raise cash. Banks are pressuring these manufacturers to repay their loans and are hesitating to extend additional credit. In fact, banks are largely pulling out of the diamond industry altogether. Second, gold prices have spiked in recent months primarily because of the ongoing U.S.-China trade war that has caused uncertainty in world markets. These pressures are among the reasons the India jewelry sector experienced a 10.3% year-over-year decline in overall exports in July 2019 to $2.22 billion, according to India’s Gem & Jewellery Export Promotion Council (GJEPC). This was led by an 18.29% decline in cut and polished diamond exports to $1.5 billion; while gold jewelry exports were down by 5.78% to $963 million. So as the four-day India International Jewellery Show (IIJS) began August...