In a not-too-surprising twist today, US-based Modern Jeweler has announced the suspension of its 108-year publication.
The economic calamity that has befallen our friends in the pearl world has not been forgiving to those who cover the news. One wonders who or what will be next. Is the recent feeble pearl reporting by JNA a sign of the end? Will any remain when the world turns the corner?
In a letter from Tim Murphy and Cheryl Kremkow we read the following message:
"After 108 years of serving the jewelry industry, Modern Jeweler is suspending publication. We'd like to thank all the people who worked hard over the years to make every issue worth reading. We'd also like to thank the retailers and manufacturers who shared their time and expertise with our readers each month. We hope to find a buyer who believes in the future of the jewelry industry as much as we do. But even if we don't and the August issue of Modern Jeweler is truly the last, we are sure that the jewelry industry's strong community and generosity of spirit will ensure its recovery is swift and its future is bright. We'll certainly miss being there to cover it."