1 posts and columns on economic uncertainty

Voices

Blue Nile: Will They Miss Q4?

in News on December 17, 2008 at 10:24 am PT

Crazy recession. It’s gotten so that people have cut back on buying diamonds for the last few months–enough to put the near future of online diamond retailer Blue Nile in jeopardy. Jewelry retailers in general had a “horrid” October and November and expect an even worse December–some couples are even postponing their engagements because of job insecurity and economic uncertainty.