Market DevelopmentsFortunoff files suit against similarly named storeFortunoff Brands LLC has filed suit against a Westbury, N.Y.-based jewelry company, claiming its company name and the lettering used on both its retail store and a Web site infringe on the Fortunoff trademark, court papers show. Read More Victims and victors emerge after rocky '09The economic crisis challenged companies at all points along the pipeline, from mining companies to manufacturers to mall jewelers. Here's a look at the players who rolled with the punches in 2009, and those who got knocked out. Read More Report: Zale turning to suppliers for cashStruggling jewelry retailer Zale Corp. has taken the unusual measure of asking its vendors if they would purchase some of its inventory for cash, The Wall Street Journal reported Thursday. Read More Cindy Crawford launches jewelry line at Penney'sModel and entrepreneur Cindy Crawford is getting into the jewelry game. On Thursday, J.C. Penney Co. announced the launch of One Kiss by Cindy Crawford, a fine jewelry line designed to provide quality pieces at affordable prices. Read More Pedal to the metalIf there has been a sliver of sunshine for the jewelry industry in an otherwise dark year, it has been at the refining end of the business, where operations are still moving at full speed. Read More Macy's rewarding sweet tweets with diamondsThis Valentine's Day, Macy's is giving users of the micro-blogging site Twitter the chance to show just how romantic they can be. Read More Expanding United Brands seeks industry talentUnited Brands Worldwide announced that it is expanding, and is looking to bring in interns, consultants and select jewelry industry professionals, who are based both in the United States and overseas, to develop brand projects and services. Read More Macy's opening Bloomingdale's Outlet storesMacy's Inc. has announced that it will launch a new Bloomingdale's Outlet concept in 2010, and that the stores' offerings will include jewelry, as well as apparel and other categories. Read More Goldberg out as Zale announces executive shakeupLess than a week after posting a same-store sales decline of 12 percent for the holiday, Zale Corp. has announced big changes at the top, including the immediate exit of Neal Goldberg, its chief executive officer. Read More Rainy-day plan helped Hall of Fame's Jon BridgeBen Bridge Jewelers' Jon Bridge has been recognized for helping Seattle's less fortunate, but receiving accolades from his peers through his induction into National Jeweler's Retailer Hall of Fame in the majors category, was a pleasant surprise. Read More Nicolas Bos promoted to Van Cleef president, CEONew York--The month-long game of executive musical chairs at three luxury jewelry companies--Van Cleef and Arpels, Cartier and Harry Winston--continues, with Nicolas Bos the latest top executive to switch titles. Read More Ritani debuts Diamonique collection on QVCRitani fans, be they brides who already sport the brand's wedding or engagement rings or ladies who aspire to own their first piece bearing the Ritani name, can now find offerings that feature the brand's signature styling at more wallet-friendly prices. Read More Macy's to close five under-performing storesMacy's has announced plans to close five stores in "underperforming locations," and says it will open new ones to fill gaps in local markets. Read More Site gives scoop on 2010 CIBJO Congress in MunichA dedicated Web site for the 2010 CIBJO Congress, to be held Feb. 19 through Feb. 22 at the International Congress Centre (ICM) of the Messe Muenchen in Munich, Germany, is now available to CIBJO congress delegates and other interested parties. Read More Jewelry-makers’ demand for silver drops in ‘09Silver may be a buzzword at the sales counter, but demand for the metal's use in jewelry is actually expected to decline for the 2009 year, CPM Group's new "Silver Long-Term Outlook" report, released Thursday, reveals. Read More Survey: Kohl's, Target tops with consumersConsumers say Kohl's and Target are their No. 1 and No. 2 favorite fashion accessory retailers, a new survey conducted this month by Market Force Information Inc. shows. Read More Frederic de Narp heads to Harry WinstonNew York--Harry Winston Diamond Corp. has announced the appointment of Frederic de Narp to the position of president and chief executive officer of Harry Winston Inc. Read More Friedman's liquidating trust makes second distributionNew York--Buchwald Capital Advisors LLC, the liquidating trustee for defunct jewelry chain Friedman's, reported that a second distribution has been made to unsecured creditors, according to a news release. Read More Emmanuel Perrin to helm Cartier North AmericaNew York--Emmanuel Perrin, most recently president and chief executive officer of Van Cleef and Arpels, will now lead Cartier North America as president and CEO, Cartier has announced. Read More Mikimoto to add sparkle to CrystalsNew York--Mikimoto is one of the latest brands to open up shop at Crystals, the new retail and entertaining district at Las Vegas' CityCenter. Read More Mayors makes deal with TD RetailMahwah, N.J.--TD Retail Card Services has announced that it will administer the private-label credit card program for Birks and Mayors' U.S. stores, those operating under the Mayors name. Read More Henry Dunay closing, but namesake to stick aroundNew York--After filing for Chapter 11 bankruptcy protection in June, Henry Dunay Designs is officially shuttering, with the company's inventory set to be auctioned off on Dec. 16, the designer confirmed. Read More William Lam and Co. founder and owner diesNew York--William H. Lam, the founder and owner of William Lam and Co., a New York-based jewelry manufacturer and wholesaler that specializes in 14-karat and 18-karat gold jewelry, passed away on Nov. 19. He was 65. Read More Trent West, Penney's settle tungsten carbide suitTyler, Texas--A federal court in Texas has dismissed tungsten carbide ring king Trent West's patent infringement lawsuit against J.C. Penney Co., court documents show, in a case that lawyers say provides the department store with unfettered access to a popular sector of the men's wedding band market. Read More Sears, Ultra, Blue Nile to avoid 'dirty' goldWashington--Sears Holdings (parent company of Sears and Kmart), Ultra Stores and Blue Nile announced today their decision to shun irresponsible gold mining and seek cleaner sources of gold and precious metals. Read More |
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