Latest NewsFour diamantaires among world's billionairesWho's the wealthiest diamond tycoon in the world? According to Forbes' 2010 list of the World's Richest People, that would be De Beers Chairman Nicky Oppenheimer, with an estimated net worth of $5 billion, the fruits of an inherited fortune. Read More Reports: Major investor dumps shares in ZaleFranklin Resources Inc., one of Zale Corp.'s largest shareholders, is shedding its shares in the troubled company, according to news reports. Read More National Jeweler launches Facebook pageNational Jeweler, the fine jewelry industry's premier source of news and market analysis, today launched a Facebook fan page to enable its audience to interact within a community facilitated by a media brand that jewelers are comfortable and familiar with. Read More Ivanka Trump cancels keynote appearance at WJAThe Women's Jewelry Association (WJA) "Women in the Know" conference slated for Friday will still be packed with information and expert advice for attendees, but those hoping for a glimpse of a famous face may be a bit disappointed. Read More 'Harmony Silver' starts retail orbit on Earth DaySterling silver jewelry manufacturer NES Group is revving up for the launch of a recycled sterling silver jewelry collection just in time for Earth Day 2010 on April 22. Read More Cartier Tank watch fetches $135K at PatrizziWatch auctioneer Patrizzi and Co set a record for the sale of an art deco Louis Cartier Tank watch, bringing in $135,000 for the 1929 model at an auction this week, where Rolex watches were also hot among collectors. Read More Why procrastinating shoppers can mean big salesManagers, principals and executives are not training their staffs to take advantage of the golden opportunity they have in last-minute shoppers. Read More Gems TV closing, eyes deal for Jewelry TelevisionGems TV Holding Limited announced Monday that it is ceasing its U.S. operations and has submitted a proposal to acquire an interest in Multimedia Commerce Group Inc. (MMCG), the company that operates on-air rival Jewelry Television. Read More Weak 2009 jewelry sales batter Bidz.comRevenues for online retailer Bidz.com fell 46.3 percent in 2009, a decline the company attributes to the drop in consumer spending that has disproportionately affected jewelry. Read More Swarovski 'crystal forest' takes root in NYCSwarovski is continuing to put its crystal footprint all over New York City, with the brand currently preparing to open two Swarovski stores in Manhattan. Read More Canada to open first diamond bourse in late MarchThe Diamond Bourse of Canada, a first for the country, will be fully operational by the end of the month in Toronto, bourse officials announced earlier this week. Read More Sharpen your retail survivor instincts for 2010The U.S. recession may be officially over, but are jewelers prepared to face a consumer base that may still be experiencing the aftershocks? National Jeweler asked members of America's Best Jewelers (ABJ) and the ABJ Network to join a retailer roundtable and discuss plans for 2010. Read More IDI, Rapaport host diamond events at BaselWorldExpect a strong diamond industry presence at BaselWorld this year that includes the unveiling of a new responsibility-focused ad campaign from the Israeli Diamond Institute (IDI) Group of Companies and Rapaport Group Chairman Martin Rapaport's presentation on diamond opportunities and his fair trade conference. Read More Georgia jeweler closes shop, liquidatesAfter 57 years in business, Andrews Jewelers of Lavonia, Ga., has closed shop, ending its operations with a final sale that the jeweler's liquidation company says exceeded projections by 59 percent. Read More LGI: Watch sales up 18 percent in JanuarySame-store monthly watch sales rose 18 percent in January to $261 million, compared with January 2009, according to the LGI Network January Time Tracker Newsletter, which noted that the increase excludes the thousands of retailers who exited the business over the past year. Read More Jeweler crafts ring for Tiger mistress pageantSteven Singer, who has made a name for himself with his offbeat "I Hate Steven Singer" advertising campaign, has taken the concept of irreverent marketing to a whole new level. Read More Are your 'green,' 'fair-trade' jewelry ads legal?As a growing chorus of jewelry consumers inquires at the counter about environmental impact and fair trade issues, jewelers are increasingly making marketing claims that address those consumer concerns. Read More WJA hosts educational events on both coastsThe Women's Jewelry Association (WJA) will be holding educational events on both coasts this week, including a social networking seminar in Los Angles and the annual Women in the Know Conference in New York City. Read More GIA expands its educational kingdom into BahrainThe Gemological Institute of America (GIA) recently extended its educational services in the Middle East, with the recent wrap-up a series of gem identification and colored stone grading lab classes for students in the Kingdom of Bahrain. Read More Two industry marketing firms announce new hiresJewelry marketing firm Fruchtman Marketing and concept marketing firm United Brands both recently announced a number of key appointments. Read More Consensus reached on gem treatment disclosuresIn what is being called an "unprecedented cooperative effort," three major organizations that represent the colored gemstone industry worldwide have adopted a uniform set of codes that will be used within the trade to describe gemstone treatments. Read More Report: NYC bling sale benefits swindlers' victimsWould-be jewelry buyers crowded a Manhattan hotel conference room Sunday for a jewelry auction to benefit the victims of two Wall Street swindlers, the New York Daily News reported. Read More Department stores enjoy February sales increasesNew York--Department store chains around the country saw modest to strong sales increases in February, with Saks, Inc., specifying that fine jewelry--along with women's shoes and designer apparel--was one of the better categories at its Saks Fifth Avenue stores for the month. Read More Rapaport service gives dealers access to ChinaThe Rapaport Group is now providing diamond import services to mainland China, a market many consider to be the future of consumer demand for diamonds. Read More Every brand will be world-famous for 15 secondsWhile the jewelry industry has been occupied weathering the economic storm, the Internet (now referred to in business circles as the "digital applications industry"), has been growing and changing--radically. Read More |
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