We had some interesting observations at the recent upscale Centurion Jewelry Show in Phoenix. There were a lot of young people at the show, which we were very pleased to see. Whether these were children of store owners or high-level employees, we weren’t sure. What we were sure about is there is a generational change taking place in our industry that is great to see.
Most well-managed retail stores finished 2023 very close to 2022 figures, which were the highest in history. 2024 is still a mystery, but we view the current generational shift as a long-term positive for the trade.
There is an obvious business transition taking place which calls for intelligent exit strategy options for owners. At The Gordon Company we specialize in helping fine jewelers make transition plans that allow them to retire with peace of mind and money in their pocket. Our major sale events form a blueprint for success, and have allowed hundreds of jewelers over the decades to retire in fashion.
Let us help you as we have so many others by giving us a call or dropping us a line. We would love to provide you with a confidential, no obligation consultation on your specific needs.
Ira Bergman has a rich history in the jewelry industry, beginning his career at the Mercury Ring Corporation, and later joining M. Fabrikant & Sons in the ’80 as an executive vice president. Now having served as President of The Gordon Company for nearly a decade and a half, Bergman works closely with both retail jewelers and vendors on critical issues relating to strategic planning and asset management. He brings a lifetime of experience in helping clients solve problems concerning sales growth, ROI, inventory reduction and major transitions.
Please join us in welcoming Steve Webb in his newest role as The Gordon Company’s Executive Vice President. As a retail management professional with 30+ years of sales focused operational efficiency and process improvement, Webb brings much value to our firm. He has a demonstrated track record of leading innovative store branding and expansion initiatives and is recognized for his ability to incorporate innovative management techniques, systems, and processes, to boost revenues, enhance business practices, and increase productivity.
Jeff Gordon, CEO