SourcingMay 13, 2014
Edward Asscher elected president of the WDCThe World Diamond Council announced Tuesday that it has a new president, vice president and treasurer following the first formal meeting of the organization’s new board of directors.
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MajorsMay 13, 2014
Following strong Q1, Pandora raises guidancePandora experienced a 30 percent jump in sales in the first quarter and is continuing to shift its focus away from independent retailers as it opens more and more concept stores.
MajorsMay 13, 2014
EEOC appeals ruling in Sterling Jewelers caseThe Equal Employment Opportunity Commission is appealing a federal judge’s dismissal of its lawsuit charging Sterling Jewelers Inc. with nationwide gender discrimination, alleging the chain paid female employees less and passed them over for promotions.
Events & AwardsMay 13, 2014
Fiera di Vicenza launches trade show in DubaiFiera di Vicenza S.p.A, the company that operates VicenzaOro, and the Dubai World Trade Centre (DWTC) will premiere a new international jewelry tradeshow in Dubai next year.
OtherMay 12, 2014
Jeweler admits to selling fakes for last 16 yearsThe New York jeweler charged with misrepresenting diamond simulants as the real thing pleaded guilty Friday to the charges brought against him, according to the Erie County District Attorney’s Office.
OtherMay 12, 2014
Industry continuing to shrink, but more slowlyThe size of the jewelry industry continued to contract in the first quarter, with the number of new businesses increasing only 1 percent year-over-year while consolidations nearly doubled.
OtherMay 12, 2014
AGS to honor award recipients at Distinction dinnerLee Berg, Doug Hucker and Joel Schechter are the American Gem Society’s 2014 Circle of Distinction honorees and will be recognized at a dinner at the Plaza Hotel.
EditorsMay 12, 2014
Rocky talk with Imogen BelfieldEnglish designer Imogen Belfield and her chunky, gold nugget-esque designs were one of the standouts for me in Las Vegas last year, and I have been thinking about her Rock Cluster necklace since then.
SourcingMay 11, 2014
Forevermark now being sold in TurkeyDe Beers’ diamond brand Forevermark is expanding into Turkey through a partnership with a local licensee, Zen Diamond.
MajorsMay 11, 2014
Chopard enters hotel business in ParisChopard announced Friday that it has purchased Union Hôtelière Parisienne, the company that owns the luxury five-star Hôtel de Vendôme in Paris.
SurveysMay 11, 2014
For many, Mother’s Day sales exceeded expectationsJewelers were happy to see sales heat up for Mother’s Day following a long, brutal winter that kept consumers at home in many parts of the country.
GradingMay 11, 2014
Standard Chartered’s Anna Martin goes to GIAThe Gemological Institute of America has hired longtime industry leader and Standard Chartered Bank executive Anna Martin as its new senior vice president of global development.
EditorsMay 09, 2014
A report on grading reportsThis week, WSMV-TV, an NBC affiliate in Nashville, Tenn., aired a two-part segment about Genesis Diamonds (not to be confused with lab-grown diamond company Gemesis), a local jewelry store that uses reports from EGL International, among other precious gemstone grading labs.
OtherMay 08, 2014
Four charged in VA jewelry store shootingRichmond police have arrested and charged four people in connection with the recent murder of 29-year-old Muhammad Baig, an employee at Victoria Jewelers.
FinancialsMay 08, 2014
First quarter US sales up just 1 percent for QVCAnother multimedia retailer reported that 2014 was off to a weak start, with sales for QVC essentially falling flat in the first quarter in a “difficult retail environment.”
MajorsMay 08, 2014
Amazon adds Sunday delivery in 15 more citiesAmazon Inc. announced Thursday that it has expanded its Sunday delivery, which is done through the U.S. Postal Service, beyond Los Angeles and New York to a number of new markets.
EditorsMay 08, 2014
Checking in with Ornella IannuzziBorn in the French Alps but now based in London, jewelry designer Ornella Iannuzzi has created a style that includes unusual, eye-catching and organic shapes, using rare and natural precious materials crafted in a way that mirrors sculptures as much as fine jewelry.
OtherMay 07, 2014
Report: Gold could dip as low as $1,100 this yearA new report states that the per-ounce price of gold might have already hit its high for the year and could briefly sink as low as $1,100 in the coming months.
OtherMay 07, 2014
50 percent of lots sell for Gemfields in IndiaColored gemstone miner Gemfields PLC announced that it sold half of the lots offered at its auction of traded rough emeralds held in Jaipur, with the sale totaling $13.5 million, a 59 percent increased as compared with the same sale last fall.
MajorsMay 07, 2014
Tiffany’s flagship on Champs-Elysees opensTiffany & Co. has opened its flagship store on Champs-Élysées, the Parisian avenue known worldwide for its high-end shopping.
Events & AwardsMay 07, 2014
12 pieces to see at the Las Vegas antique showWhen the antique and estate jewelry and watch show opens in Las Vegas at the end of the month, more than 400 exhibitors will bring a mix of pieces from the 1700s and 1800s to Art Deco and even more modern jewels to Sin City.
TechnologyMay 07, 2014
A year later, Internet sales tax bill still stalledOne year after the U.S. Senate passed the Marketplace Fairness Act of 2013, the bill is seemingly going nowhere in the House of Representatives.
OtherMay 06, 2014
Jewelry store employee killed during robberyA 29-year-old employee of Victoria Jewelers was killed Monday during a robbery in the store, marking the first homicide in the jewelry industry this year.
MajorsMay 06, 2014
Yurman enters new territory with Minnesota boutiqueJewelry brand David Yurman opened a new store in Edina, Minn. on Tuesday, the company’s first boutique in the Midwest state known as the Land of 10,000 Lakes.
MajorsMay 06, 2014
Appointments: Jude Frances, Sterling, Movado GroupA new president at Jude Frances jewelry and appointments at Sterling Jewelers and the Movado Group are among the recent career moves in the jewelry industry.
