FinancialsOct 30, 2013
Shareholders approve Saks-Hudson’s Bay mergerSaks Inc. announced Wednesday that is shareholders have given the green light for the high-end retailer to merge with Canadian retailer Hudson’s Bay Company.
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MajorsOct 30, 2013
De Beers stores offering custom ring serviceDe Beers Diamond Jewellers, the chain of stores the diamond miner and marketer operates in conjunction with LVMH Moët Hennessy Louis Vuitton, now is giving customers the chance to design their own engagement rings in store via an iPad.
TechnologyOct 30, 2013
Consumers explain why they shop onlineShoppers included in a recent focus group said they get a better retail experience online than in brick-and-mortar stores, according to WSL, a research firm that provides information on shopping behavior and retail trends.
EditorsOct 30, 2013
The new National JewelerAs you might have already noticed, National Jeweler has a new look.
OtherOct 29, 2013
Black Friday to reign as busiest shopping dayFour of the 10 busiest shopping days of the year will happen between Dec. 20 and 24, although Black Friday, the day after Thanksgiving, is expected to remain the single busiest shopping day this holiday season, ShopperTrak said Tuesday.
AuctionsOct 29, 2013
Sotheby’s to offer Taylor-inspired earringsA pair of custom-designed Bulgari earrings inspired by the late Elizabeth Taylor and her film Cleopatra are expected to fetch up to $22,000 at Sotheby’s Magnificent Jewels auction scheduled for Dec. 11.
SourcingOct 29, 2013
Rapaport to speak on undisclosed syntheticsThe Gemmological Association of Great Britain (Gem-A) has announced that Martin Rapaport, chairman of the Rapaport Group, will give a speech at its November conference about the issue of undisclosed synthetics, which again has been making headlines in the trade.
SourcingOct 29, 2013
US investors buy up Alrosa IPO sharesRussian mining company Alrosa, which seeks to overtake De Beers as the world’s largest diamond miner by value, launched its initial public offering this week, with reports indicating that U.S. investors snagged 60 percent of the shares sold.
OtherOct 28, 2013
PGI training retailers on Millennial interactionsWith the increasing impact the generation known as the Millennials have on the bridal industry, Platinum Guild International USA (PGI) has launched a new training program to help retailers successfully sell platinum to this growing consumer group.
OtherOct 28, 2013
Is your brand fostering long-term relationships?Columnist Diane Warga-Arias describes how a luxury brand can create long-lasting relationships with its customers, as opposed to just short-lived flings.
TrendsOct 28, 2013
World’s largest Paraiba tourmaline set in necklaceCanadian jeweler Kaufmann de Suisse has created a necklace using what has been designated as the world’s biggest Paraiba tourmaline, a gem weighing nearly 200 carats.
AuctionsOct 28, 2013
Patek Philippe watches set new auction recordsA pair of Patek Philippe watches set new world auction records for their respective references at Antiquorum’s fall sale held Saturday in Hong Kong.
TechnologyOct 28, 2013
Web Roundup: Tiffany&Co. launches new websiteTiffany & Co. has redesigned website, turning it into a “personal invitation” for visitors to shop or learn about the company and its jewelry and also presenting Tiffany as a founder of American luxury.
Events & AwardsOct 28, 2013
AGS announces additional Conclave speakersA group of businesses leaders, sales experts and thought innovators will join basketball star Magic Johnson as speakers at American Gem Society (AGS) Conclave 2014 in San Diego.
OtherOct 27, 2013
Appointments: Sorrelli, David Yurman, IDE, moreA new CEO at Sorrelli and Evan Yurman stepping up to chief design director at his family’s company are among the recent career moves in the jewelry industry.
WatchesOct 27, 2013
Swatch to continue supplying movements until 2019A Swiss competition body has ruled that Swatch Group must continue supplying third-party watchmakers with at least some finished movements through Dec. 31, 2019.
WatchesOct 27, 2013
Swatch to continue supplying movements until 2019A Swiss competition body has ruled that Swatch Group must continue supplying third-party watchmakers with at least some finished movements through Dec. 31, 2019.
SourcingOct 27, 2013
Gemesis introduces lab-grown pinksLab-grown diamond e-tailer Gemesis is now selling pink diamonds, available in “blush” and “brilliant” shades.
FinancialsOct 27, 2013
Amazon’s Q3 sales up more than 20 percentSales continued to climb for Amazon.com Inc. in the third quarter, with the company reporting a 24 percent increase to $17.09 billion as compared with $13.81 billion in the same period last year.
EditorsOct 25, 2013
Undisclosed and still unpunished, part III’ve been reading all the reports this week about the next trade “crisis,” the apparently large volumes of undisclosed synthetic melee being mixed in with batches of natural diamonds.
OtherOct 24, 2013
Overnight acquires metal caster at auctionOvernight Mountings announced that it purchased all assets of Satco Casting at auction Oct. 11.
OtherOct 24, 2013
Business discontinuances continue to dropAfter numbering as high as 900 a year during the recession, the number of businesses in the industry that are shutting down or consolidating keeps going down, the latest data from the Jewelers Board of Trade (JBT) shows.
IndependentsOct 24, 2013
Hamilton Jewelers wins family business awardThe Rothman Institute of Entrepreneurship has named Hamilton Jewelers as the 2013 Family Business of the Year.
OtherOct 23, 2013
17 security considerations for the holidaysThere are 61 days to go until Dec. 25. There’s no better time to double check the store’s security setup and remind staff that it’s the most wonderful time of the year to be vigilant.
SourcingOct 23, 2013
SRK Exports celebrates five decadesIndian diamond manufacturing company Shree Ramkrishna Exports Pvt. Ltd. (SRK) is marking its 50th anniversary this year and recently was recognized by India’s Gems and Jewellery Export Promotion Council (GJEPC).
