What you might have missed
All things Apple Watch and RapNet’s decision to part ways with EGL reports were among the top stories last week on National Jeweler.
Jewelry firm to attend Chinese investment event
The Hong Kong Trade Development Council is hosting a meeting today designed to introduce Chinese and Hong Kong companies to U.S. firms for potential investment, and a firm that specializes in jewelry mergers and acquisitions is attending.
GIA to hold career fair in CA next month
The Gemological Institute of America’s next career fair is scheduled to take place Oct. 10 at its headquarters in Carlsbad, and registration is now open for companies that want to attend to find talent.
5 new, potentially good reads for September
National Jeweler sifted through Goodreads’ releases again this month to bring jewelers four more books that could be good for business, as well as one editor’s suggestion for a nice read on the side.
White Pine offering discounted inventory
Recycled diamond and jewelry company White Pine Trading has purchased the inventory from recently liquidated wholesaler Bauman-Massa Jewelry Co., and will now sell the goods to retailers at a discount.
Refinery awards scholarships to students
Advanced Chemical has named Christine Harrington and Jack Livsey as the winners of its John Venditti Memorial Fund Scholarship, awarding the recent high school graduates $2,500 each.
Jewelers boost offerings for same-gender couples
As more states fight to legalize gay marriage and the bridal market begins to grow for same-gender couples, two more retailers have expanded their product selection to tap into the growing opportunity.
Fortunoff brings back brick-and-mortar model
Half a century after it opened the doors to its Long Island flagship, Fortunoff Fine Jewelers is returning to the area with the launch of a Westbury store as it takes its business from the Internet to brick-and-mortar.
JA releases Cost of Doing Business Report
High-profit jewelers manage their profit margins and operating expenses more effectively than low-profit jewelers, according to Jewelers of America’s annual Cost of Doing Business Report, which is available to order now for members and non-members alike through JA’s website.
Home décor designer launches jewelry line
Home and decorative arts designer Michael Aram has expanded into fine jewelry with the launch of a sterling silver and 18-karat gold collection that debuted in stores at the end of August.
Retailer charged with buying stolen jewelry
A Topeka jewelry store owner has been indicted on charges that he knowingly purchased stolen jewelry, melted it and sold it as scrap gold for nearly half a million dollars, the United States Attorney’s Office said.
What you might have missed
In case you may have missed the industry activity last week, here are the five most popular stories from NationalJeweler.com and the top three from the blog, 10X, for the week of Aug. 24 to 30, according to Google Analytics.
Rolex smash-and-grab robberies on the rise
Crimes involving thieves using the smash-and-grab technique to nab Rolex watches have been increasing as of late, with nearly 10 reported incidents taking place across the country just this summer, according to Jewelers Mutual.
Canadian co. takes diamond cutting on the road
Diamond cutter and polisher Embee Diamonds is embarking on a tour of stores in the United States next month to give consumers the opportunity to try their hand at cutting a diamond.
RJO honors Vendors of the Year at buying event
Citizen Watch, Ostbye and RDI Diamonds are among the companies recently honored with Vendor of the Year Awards from the Retail Jewelers Organization, a buying group of independent jewelers based in Newton, Iowa.
Florida jeweler, 89, shoots would-be robber
A store owner in Florida who also happens to be an octogenarian was able to put a stop to an armed robbery attempt on Saturday when he defended himself with his own gun and shot the suspect.
Three arrested in home invasion of NY jeweler
Local news sources are reporting that police in the small town of Greece have arrested three men in connection with an Aug. 7 home invasion involving a local jewelry store employee.
Italian jewelry brand launches ad campaign
Italian jewelry brand Nomination just rolled out a new advertising campaign that “embraces the emotional heritage, the history and the future aspirations of the brand.”
What you might have missed
National Jeweler recounts the top five stories and top three blog posts from the previous week.
In Calif., another diamond exhibition extended
Fueled by popularity and intrigue, a museum display in California that illustrates the stories of the world’s most famous diamonds and their equally well-known owners has been extended into the fall.
JFC announces 2014 Local Grants program
Jewelers for Children soon will begin accepting nominations for its Local Grants program, which gives 10 separate $10,000 grants to local charities nominated by jewelers.
Jeweler, family held overnight in home invasion
Police in the town of Greece, a suburb of Rochester, N.Y., are searching for three suspects accused of keeping two jewelry store workers and their adult son tied up in their home for hours in order to rob the store.
WJA announces date for ‘Jewelry Night Out’
The WJA will host its second annual “Jewelry Night Out” event next month, inviting designers, retailers and editors to network in cities across the country as well as in Hong Kong.
For the jeweler: A new growth opportunity
In today’s ultra-competitive retail environment, sales, margin and market share are increasingly hard to come by, columnist Jan Brassem writes. That’s why retailers shouldn’t be afraid to step outside their ‘comfort zone’ and consider acquisition as a way to grow their business.
Why jewelry sales are like the weather
Retail today is comparable to the weather: the forecast depends largely on where the store is located and, just like weathermen and their wildly varying predictions, whom one asks for the outlook.
How much do your customers really like you?
Facebook is not simply about getting just anyone to “like” your page. It’s about attracting people who actually are going to buy jewelry at your store, columnist Ellen Fruchtman writes.
Arrests for jewelry crimes hit record level
Crimes against jewelers dropped in the first half of the year while the number of criminals being apprehended nearly doubled, Jewelers’ Security Alliance statistics for Jan. 1 to June 30 show.
For customers, 8 tips for traveling with jewelry
As families scramble to fit in that last summer getaway before the season comes to a close, now is the time for jewelers to go beyond the sale and provide customers with advice on keeping their baubles safe while traveling.
DCA initiative aims to build future of industry
The Diamond Council of America is launching a new program to drum up interest in the jewelry industry for a new generation by making its classes available to high school students and link graduates with employers.
Five new, potentially good reads for August
Online book discussion website Goodreads has just come out with its list of new releases for the month of August, and National Jeweler has chosen four from the assortment that could be useful to business owners.
NAJA names first scholarship winners
Heidi Harders and Kathleen Marino are the winners of the National Association of Jewelry Appraisers’ first annual scholarship to attend the World of Gems Conference this summer.
Consumer confidence hits seven-year high
The latest data from The Conference Board shows that in July consumer confidence rose for the third straight month and reached its highest point since 2007.
Private equity firm buys John Hardy
Catterton, a private equity firm that has sunk money into companies including crystal-maker Baccarat and haircare brand Frederic Fekkai, has purchased John Hardy for an undisclosed sum, the jewelry brand announced Thursday.
Appointments: Diamond exchange names director
The Panama Diamond Exchange has appointed industry veteran Dirk Blommaert, who has held positions in the Antwerp diamond industry and with the Baselworld fair, as its business development director.
WJA names 2014 Awards for Excellence winners
The Women’s Jewelry Association honored the winners of its 31st annual Awards for Excellence Monday night in New York, recognizing innovative and successful leaders in the industry in a number of categories.
When lightning strikes, what will it cost you?
Summertime brings more than spring showers. The season’s lightning strikes and sometimes-downed power lines can lead to surges. Jeweler Mutual’s David Sexton shares 5 tips for ensuring a power surge doesn’t knock out your store.
The History Behind … Mizpah jewelry
In this new monthly feature, National Jeweler editors delve into the when, where and why of antique jewelry. July’s focus is on Mizpah pieces, which first became popular in the Victorian era.
WJA grants 8 scholarships to jewelry students
Eight students currently studying jewelry and metalsmithing at various colleges across the country and abroad have been awarded scholarships from the Women’s Jewelry Association.
Bankruptcy case converted for jeweler who sold fakes
After more than three years under Chapter 13 bankruptcy to pay back his debt, the case of Paul Blarr--the jeweler who pleaded guilty this spring to selling stones that he misrepresented as diamonds--now is under Chapter 7.
Judith Ripka inks wholesale deal with KGK Group
KGK Jewellery Manufacturing now exclusively will handle the wholesale business of Judith Ripka, including manufacturing, sourcing, sales and distribution of the brand’s fine, diamond and bridal jewelry.
Portland conference speakers, seminars announced
Although the lineup still is coming together, organizers of the Portland Jewelry Symposium have revealed the speakers and topics for their seventh annual custom jewelry-focused event, scheduled for Oct. 5 and 6.
You Don’t Say
Columnist Ellen Fruchtman shares five facts about Millennial consumers so retailers understand how, when and where to reach them for bridal sales.
Two arrested in connection with credit fraud gang
Two suspects who were wanted for their alleged involvement with an in-store credit fraud gang were arrested within hours of each other in different states on July 11, the Jewelers’ Security Alliance said.
Jewelers Mutual recognized as top insurance co.
Ward Group, a provider of benchmarking and best practices studies for insurance businesses, has named Jewelers Mutual Insurance Company to its 2014 list of Ward’s 50 top- performing insurance companies for the fourth year in a row.
Second firm predicts stable precious metal prices
Another analyst has told National Jeweler that he expects gold and silver prices to remain relatively steady in the foreseeable future, as investors normalize their approach to buying in light of the improving global economy.
Jewelers report losses from in-store credit fraud
Following a wave of in-store credit fraud in retail jewelry stores across multiple states, the Jewelers’ Security Alliance has issued a warning reminding jewelers to check their credit company’s policy concerning chargebacks and identity theft.
The change that is bringing opportunity
More states legalizing gay marriage means more customers for jewelers who are open to selling to same-gender couples. National Jeweler talked to retailers who cater to this market about what they’re selling, the challenges and more.
Jewelry theft suspects caught in Maryland
Police in Baltimore County, Md. have arrested three suspects wanted in connection with a string of jewelry thefts that had law enforcement officials in six states on alert.
Police nab suspect who left cell phone behind
A Minnesota man recently was arrested in connection with a jewelry store robbery after he left behind one vital piece of evidence that led police right to him -- his cell phone.
WGC begins discussions to reform gold pricing
Following a forum held Monday in London, the World Gold Council says that there is strong industry support for its plan to reform and update the London gold fix, the current mechanism for setting what is essentially the international benchmark for the daily price of gold.
Tips and checklists to be hurricane ready
Both Jewelers Mutual and Jewelers Unblocked have released hurricane preparedness guides, tips and other emergency-related checklists for jewelers as the stormy season begins.
4 new, potentially good releases for July
This month’s new releases include a memoir about what it’s like to grow up in a family-owned business and a true tale about a Virginia furniture-maker who brought his company’s manufacturing back to the United States from Asia.
Changing times, and the growing wealth gap
Retailer and columnist James Alperin, who owns a jewelry store in suburban Cleveland, reflects on the shrinking middle class and what it means for jewelers today.
Chicago designer awarded Carelle-WJA grant
Kelly Jacobson, a Chicago-based jewelry designer who started her own studio and also does custom design for four stores, has been awarded the 2014 Carelle-WJA grant.
AGS introduces “GoTo” guilds
The American Gem Society has launched a virtual guild for members and non-members alike to allow the industry to come together online.
Now, jewelers have their own podcast
A Georgia-based marketing firm created by jewelers for jewelers has started a podcast, an online program that can be heard on demand, specifically for retailers, with an app to follow soon.
WJA awards 26 educational grants for 2014
In an effort to contribute to the ongoing education of women in the jewelry industry, the Women's Jewelry Association Member Grant Program has awarded a total of $13,000 to 26 members across the country.
21 ‘cash-for-gold’ stores cited in NJ crackdown
A recent investigation by the New Jersey Division of Consumer Affairs on “cash-for-gold” retailers has resulted in 936 civil citations at 21 stores for alleged violations of state consumer laws, spurring a year-long investigation by state authorities.
Gemvision campaigns against software piracy
Gemvision is pioneering a campaign to identify and take action against the unauthorized use of its software products, including its Matrix and CounterSketch CAD programs.
RJC appoints Ashish Deo to CEO
The Responsible Jewellery Council has named Ashish Deo as the organization’s new chief executive officer, effective Sept. 8.
Date set for Advanced Chemical golf tournament
Advanced Chemical will hold its 4th annual John Venditti Memorial Scholarship Golf Tournament on Sept. 20, proceeds of which benefit the American Heart Association and academic atheltes.
JAPAC talks sales tax fairness in Washington
On its recent trip to Capitol Hill, Jewelers of America’s Political Action Committee took the opportunity to discuss the Internet sales tax bill and protection of the Last In, First Out accounting method with legislators, among other topics.
Consumer-grade resin for 3-D printing introduced
A California-based company said it is releasing a new 3-D printable material for jewelers called FireCast Resin, a consumer-grade resin compatible with more affordable printers and made specifically for casting metal parts.
Six ways to safeguard your three-day weekend
Be discreet about vacation plans. Don’t let mail pile up at the store. These are just two of the vacation safety tips provided by David Sexton, vice president of loss prevention consulting at Jewelers Mutual.
GIA CEO to lead panel at NY career fair
Gemological Institute of America President and CEO Susan Jacques will moderate a panel on how to be successful in today’s market at the GIA’s upcoming career fair, scheduled for July 28 in New York.
WGC wants to help fix the ‘Gold Fix’
The World Gold Council plans to hold a forum July 7 in London to discuss reforming and updating the London Gold Fix, the twice-a-day setting of the gold price that serves as an informal benchmark for the metal’s price worldwide.
WJA adds element of surprise to annual awards
National Jeweler’s Editor-in-Chief Michelle Graff is among the nominees for the Women’s Jewelry Association’s 2014 Awards for Excellence, which will be presented with a twist this year.
Retailer pleads guilty in credit card fraud scheme
A New Jersey jewelry store owner who allowed fake credit cards to be used for phony transactions in his store has pleaded guilty to his role in the scheme, according to the U.S. Attorney’s office in New Jersey.
Metal prices expected to remain relatively steady
Like the world’s stock markets, precious metals have entered a quiet period, with no huge price fluctuations anticipated and gold, silver and platinum expected to finish the year in line with analysts’ predictions.
This year, JIC contest is about platinum engagements
The Jewelry Information Center is offering a sizeable prize for the winner of its fifth annual Ultimate Proposal Contest: $5,000 worth of platinum jewelry from any Jewelers of America retail member.
ArtCarved uses real couples in new campaign
Bridal brand ArtCarved will launch an advertising campaign this fall that features real couples and snapshots of milestones in their relationships, including first kisses, proposals and weddings.
What are America’s wealthiest ZIP codes?
What do Short Hills, N.J., Great Falls, Va., and South Lake, Texas have in common? They are among the richest towns in America, according to a new report by Time magazine.
4 new, potentially good releases
100 of the Worst Ideas in History and former Secretary of State Hillary Clinton’s tome on her time in office are among National Jeweler’s chosen new releases for the month of June.
Diamond co. says financing troubles led to Chap. 11
A New York-based loose stone dealer and its associated manufacturing firm have filed for Chapter 11 bankruptcy protection, citing woes brought on by consignment and the exit of its longtime lender, Bank Leumi, from the diamond industry.
21 great pieces of business advice
Be ethical. Love what you do. Listen more than you talk. These are just a few bits of the business advice gleaned in Las Vegas. Read all 21 tips in this notecard-centric slideshow.
Market favors auction system to replace silver ‘fix’
Players in the silver market want an electronic auction-based solution to replace the price “fix” system that will end in August, according to a survey done by the London Bullion Market Association.
GJEPC focusing on US, Canadian markets
India’s Gem & Jewellery Export Promotion Council has a new three-year marketing campaign designed to develop business relationships in the U.S., Canadian and South American markets.
Five forces shaping the future of the industry
What retailers need to know about lab-grown diamonds, the evolution of retail channels, the Millennials, the rise of experiential retailing and the potential end of growth all were covered at a panel held in Las Vegas.
JFC raises $2.9M for charity partners
At its 16th annual Facets of Hope dinner, Jewelers for Children announced that it has raised nearly $3 million for distribution this year to the children’s charities it supports.
Forevermark debuts new ‘Promise’ campaign
During its annual breakfast held in Las Vegas, De Beers Forevermark diamond brand unveiled a new advertising campaign for the fall that will concentrate on classic diamond jewelry.
Jewelers Mutual awards top agents and agencies
At its National Sales Conference held two weeks ago, Jewelers Mutual Insurance Company handed out a number of awards, including its first inductees to the Agent Hall of Fame and the Legacy Award.
Know somebody who’s a real gem? Nominate them.
Submissions for potential nominees are being accepted for the 2015 Gem Awards, which honors individuals and companies whose work raises the visibility of fine jewelry and watches.
Oscar Heyman on the hunt for its historical pieces
Oscar Heyman, a New York-based jewelry company that has been in business since 1912, is looking for estate jewelry pieces for possible inclusion in a new book it is creating in partnership with the Boston Museum of Fine Arts.
AGS brings mini-Conclave to Las Vegas
The American Gem Society will hold a one-day, all-inclusive mini-Conclave session, called Conclave X-Press, in Las Vegas during market week.
JA introduces member discount program
Jewelers of America has launched the Buyer Discount Program to give its retail members merchandise and service discounts at select tradeshows, including the JA New York Summer show.
AGS names NY/NJ chapter as guild of the year
The American Gem Society recognized the New York/New Jersey Guild as its most active and productive in 2013, naming it as the “Guild of the Year” at its recent Conclave in San Diego.
5 new, potentially good releases
National Jeweler sifted through Goodreads’ releases again this month to bring jewelers four more books that could be good for business owners, as well as one editor’s suggestion for a nice read on the side.
Silver jewelry demand rose 10 percent in 2013
The 2014 World Silver Survey shows that demand for silver jewelry continued to be strong last year while the metal’s average per-ounce price hit its third highest level on record.
Jeweler admits to selling fakes for last 16 years
The 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.
Industry continuing to shrink, but more slowly
The 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.
Four charged in VA jewelry store shooting
Richmond police have arrested and charged four people in connection with the recent murder of 29-year-old Muhammad Baig, an employee at Victoria Jewelers.
Louis Smith elected AGS president
Louis Smith, a certified gemologist at Smithworks Fine Jewelry in Spartanburg, S.C., has been elected as president of the American Gem Society’s board of directors.
Kelége’s national ad campaign conveys ‘Forever’
Jack Kelége & Co. has announced the launch of a national advertising campaign designed to show the true emotion of falling in love and being engaged, the company announced recently.
Appointments: Crimmin now VP of GIA lab operations
Matt Crimmin has been appointed vice president of laboratory operations at the Gemological Institute of America, where he will oversee regional lab operations with a focus on Africa and the Middle East.
From Conclave: Transitioning to customization
To help set them apart from the pack, Jim Tuttle of Seattle’s Green Lake Jewelry Works offered tips for jewelers to add custom design to their services at his seminar at Conclave on Thursday.
Thieves targeting Rolex retailers in the Midwest
A group of thieves targeting Metro Detroit jewelry stores that sell Rolex watches has struck twice in the same day, and area jewelers should review their surveillance footage to look for suspicious behavior around their stores.
The top 10 mistakes made in displaying merchandise
Jewelers tend to stick with the basics when it comes to their showcases and lose sales because of it, says consultant Larry Johnson. In a seminar held Wednesday at Conclave, he addressed the top 10 display mistakes and how retailers can avoid them.
Conference to explore jewelry history, techniques
The history, science and artistry of fine jewelry will be explored at the Northwest Jewelry Conference in August, with jewelry historians and industry professionals holding presentations and seminars.
From Conclave: Five tips on closing the sale
In his presentation at AGS Conclave Wednesday, Shane Decker armed the crowd with knowledge about the different types of salespeople and closes, and how to handle customers’ objections when trying to close a sale.
Report: Kate Moss returning to David Yurman
Model Kate Moss is reportedly shooting a campaign with David Yurman next week, marking a reconciling between the model and designer after a not-so-amicable split in 2011.
Alor ordered to stop selling Charriol-like jewelry
A federal judge has issued a preliminary injunction barring Alor from selling jewelry that allegedly infringes upon Charriol’s cable trademarks and from publicly claiming that Charriol is being “rebranded” as Alor.
Investigation into actions of NY jeweler expands
Police say that jeweler Paul Blarr, who has been accused of selling diamond simulants as natural diamonds, also may have been misrepresenting colored gemstones and selling gold-plated jewelry as karat gold.
5 new, potentially good releases
National Jeweler peruses online book discussion site GoodReads to find four recently published books that could add to a jeweler’s business acumen, and then throws in an extra one just for fun.
Industry vets partner to sell 3D printers
Two longtime industry players have teamed to start a new company called Proto Products that sells products for 3D printing and casting and provides support for the trade.
Brand co. buys Judith Ripka in $22M deal
Jewelry company Judith Ripka has been sold to Xcel Brands Inc., a New York-based brand management company that also owns Isaac Mizrahi New York and Liz Claiborne New York.
Appointments: JBT, Gem Star, more
A former Zale Corp. executive joining Gem Star and elections for the Jewelers Board of Trade’s board of directors are among the recent career moves in the industry.
What jewelers can learn from the NY larceny case
One retailer faces felony charges for allegedly selling moissanite and other man-made stones that he misrepresented as diamonds, a case that should serve as a reminder to jewelers that they are liable for what they sell.
Jewelry brands recognize Autism Awareness Month
Two brands, Persona jewelry and Breitling watches, will donate a portion of their sales to foundations that support individuals with autism and their families as well as autism research.
Retailer accused of larceny may face more charges
Police have charged a New York jeweler with three counts of grand larceny--and may charge him with more--for allegedly selling man-made stones that he misrepresented as diamonds, according to the local police department.
JVC webinar to address Dodd-Frank Act
The Jewelers Vigilance Committee is hosting a 45-minute webinar next month that will explain the Dodd-Frank Act and steps suppliers must take to assure customers that minerals are conflict-free.
60 Minutes covers ‘Pink Panther’ diamond thieves
Last Sunday, CBS’s 60 Minutes included a segment about the “Pink Panthers,” a network of thieves who have stolen millions in diamonds, and showed footage of some of their biggest robberies.
Reward offered for smash-and-grab suspect
The FBI is offering a reward for information that leads to the arrest of a suspect involved in violent jewelry store “smash-and-grab” robberies across three states.
Gemvision to stop production of milling machine
Gemvision is retiring its Revo540 Milling System as the company aims to deliver the most relevant tools and services to the jewelry industry in an ever-changing market, Gemvision said.
Firm introduces inventory ‘health insurance’
The Edge Retail Academy has introduced a new program to help jewelers improve the strength and profitability of their inventories through one-on-one sessions with industry expert Sally Furrer.
For those who want more education, JA will help pay
Jewelers of America is helping to make professional development affordable to its members by offering scholarships on industry education that cover up to 60 percent of the cost of leading diploma, jewelry courses and certification programs, the organization announced recently.
Metal supplier introduces 3D printer for jewelry
U.K.-based Cooksongold, a global supplier of fabricated precious metals, has announced a strategic partnership with consultancy firm A3DM Technologies to bring the 3D printing of precious metals to customers in North America.
GIA adds web features to retailer support program
The Gemological Institute of America has recently added a number of features to its Retailer Support Program, including the ability to embed videos as well as graphics and images to websites, such as GIA’s Gem Encyclopedia.
Go east: Your future in jewelry could be in China
The Chinese jewelry market has become, and will remain so for generations, one of the most important on the globe. Columnist Jan Brassem provides a "Freshman 101" study guide for those who are considering expanding into this growing luxury market.
Refiner debuts its ‘most significant’ furnace yet
Metallix Refinery Inc., a precious metals refiner with offices in Shrewsbury, N.J. and its facility in Greenville, announced recently that it has a new furnace that minimizes precious metal losses by creating a turbulence-free environment during the refining process.
WJA recognizes its ‘Shining Stars’ for 2014
Following its all-day conference on Wednesday, the Women’s Jewelry Association moved to the 44th floor of the Hearst Tower in Manhattan for the evening and recognized its 10 “Shining Stars” for the year.
Five retailers on redefining the customer experience
Offering shoppers a unique experience and one-of-a-kind jewelry were among the pieces of advice offered during one panel discussion at the WJA’s In the Know conference, held Wednesday afternoon in New York.
Conference on gold jewelry slated for April
Initiatives in Art and Culture has announced the dates for its fourth annual gold conference, “Gold--Desire, Design, and Demand,” an event focusing on gold jewelry, looking in particular at the importance of design and the emotional value and durability of the metal.
Via contest, Jewelers Mutual promotes Perfect Circle
Jewelers Mutual Insurance Company recently partnered with Martha Stewart Weddings for a national sweepstakes that afforded one future bride a piece of Ivanka Trump jewelry, and gave the company a chance to promote its personal jewelry insurance.
Alor battles Charriol in court, reverts to ‘Alor’
Alor will no longer sell jewelry under the Charriol brand in the United States, Canada and the Caribbean, as the two companies remain engaged in a legal battle over international distribution and Alor returns to selling jewelry under its own brand.
Calif. museum to highlight historical diamonds
The Museum of Ventura County in California will hold an exhibit this summer to showcase replicas of some of history’s most famous diamonds alongside their equally famous owners.
Charges brought in series of smash-and-grabs
The U.S. Attorney for the Eastern District of Pennsylvania announced recently that it is bringing an indictment against eight Philadelphia men allegedly involved in a series of violent smash-and-grab robberies in the Northeast over the past few years.
JA’s PAC launches awards
Jewelers of America announced last week that it would introduce the JA Political Action Committee Awards to recognize individual members who make contributions to support the organization’s legislative advocacy for the fine jewelry industry.
Former Le Vian executive launches brand
David Zar, who spent the last 13 years at Le Vian, has founded a jewelry brand called Marco Moore, which will manufacture limited-edition jewelry and watches to be sold through independent retailers and, eventually, high-end department stores.
David Yurman CEO Glen Senk steps down
Glen Senk is resigning as CEO of David Yurman Inc. after a little less than two years in the position, effective immediately, the company confirmed Wednesday.
For gold, 2013 was the ‘year of the consumer’
Gold jewelry demand in the United States rose 13 percent in volume terms last year while total U.S. consumer demand for the metal was up 18 percent, the World Gold Council’s report for 2013 shows.
Market Q&A: Huw Daniel, PGI
In this question-and-answer session, Platinum Guild International USA President Huw Daniel discusses platinum’s per-ounce price, trends in engagement ring spending among young couples and jewelry styles in 2014.
Fruchtman to handle Pandora co-op in US
Pandora has selected Toledo-based Fruchtman Marketing as the exclusive provider of its co-op advertising program to offer digital exposure to the brand’s retailers across the country.
Men in Craigslist scam charged with attempted theft
Three men whose arrest last year led to the uncovering of a scheme to steal diamonds and jewelry from Craigslist sellers are now facing federal charges of conspiracy to commit robbery and attempted robbery.
Panama to open jewelry center in March
The Panama Diamond Exchange will launch the new, yet unfinished, Panama Gem & Jewelry Center next month, and a website has been established so visitors may register and book accommodations for the event.
Jeweler Lenny Friedman, 95, dies
Leonard “Lenny” Friedman, graduate gemologist and co-founder of Sarah Leonard Fine Jewelers in Los Angeles, died Friday, one day shy of his 96th birthday.
Consultant gives insight into the Millennial mind
Colin Cowie, a design consultant and event planner who has a partnership with the Platinum Guild International, emphasized the importance of the client-consumer relationship and offered tips on maintaining it in his recent presentation at the Centurion show.
Live from Tucson: Turning trends into profit
At the AGTA GemFair on Wednesday, Performance Concepts’ Kate Peterson outlined eight consumer trends for 2014 and how retailers can translate them into sales at their stores.
Batson to receive WJA Lifetime Achievement Award
Ruth Batson, Mark Light and the Richline Group will be inducted into the
Women’s Jewelry Association’s Hall of Fame this year and will be
honored at the organization’s annual Awards for Excellence gala in New
York on July 28.
Todd Reed opening second store in LA
Designer Todd Reed is opening a store on Abbot Kinney Boulevard in Los Angeles this September that will carry a range of jewelry but primarily will serve as a men’s boutique.
Charles Garnier donating entire line to JFC
Coinciding with the launch of its new Britannia 958 Heritage silver collection, Charles Garnier Paris will donate all 17 pieces from the line to Jewelers for Children for a silent auction scheduled to take place at the Centurion Jewelry Show.
WJA elects board for 2014-2015
Andrea Hansen will lead the Women’s Jewelry Association (WJA) in 2014-2015, the organization announced following its recent elections.
Jewelers Mutual earns top ratings
For the 27th year in a row, Jewelers Mutual Insurance Company has received an A+ Superior financial strength rating from A.M. Best.
Dodd-Frank and supply chain assurance
Jewelers Vigilance Committee Senior Counsel Suzan Flamm supplies a list of resources for companies that must comply with the "conflict" minerals provision of the Dodd-Frank Act.
Gold, silver prices to fall in 2014
The per-ounce price of gold and silver both will decline more than 10 percent year-over-year in 2014 while labor issues and automotive demand are expected to push up the price of platinum slightly, analysts say.
WJA now accepting entries for Carelle grant
The Women’s Jewelry Association is inviting members to apply for a $5,000 merit-based grant that can help them get their business off the ground and stimulate growth.
Number of weddings to rise slightly in 2014
Researchers predict the number of weddings in the United States will increase 2 percent in 2014 due to a small increase in the total marrying age population combined with a marginal rise in the proportion of couples choosing to wed.
Morrow, Ross among Gem Award winners
Marie-Helene Morrow won the 2014 Gem Award for Lifetime Achievement while Kara Ross took home the Gem Award for Design, Tiffany & Co. won for Communications and Victoria Gomelsky was the winner for Media Excellence at the annual ceremony dubbed the “Academy Awards of the jewelry industry.”
Going ‘native:’ Untangling deceptive web ads
Retailers wishing to “go native”--utilize paid content online that looks very similar to editorial content, known as native advertising--need to be sure it is done lawfully, the Jewelers Vigilance Committee said.
MJSA publishes 2014 Buyer’s Guide
The 2014 edition of the MJSA Buyer’s Guide, which lists resources and information for purchasing jewelry-making tools, equipment, supplies and services, is now available.
Jeweler pleads guilty in mail fraud case
A Los Angeles jeweler accused of selling a Texas couple’s diamond, not paying them for it and then trying to make it look like the stone got stolen while in transit has pled guilty, a spokesman for the U.S. Attorney’s Office in Midland/Odessa confirmed to National Jeweler.
5 stories to watch in 2014
Lab-grown and over-graded diamonds, smartwatches and the per-ounce price of gold are among the topics expected to have a big impact on the jewelry industry this year.
NJ’s top Instagram and Pinterest posts of 2013
From big diamonds to baroque pearls to pieces featuring the hue of 2014, “Radiant Orchid,” National Jeweler recounts the top pins and pictures of the year on its Pinterest and Instagram accounts.
2013: The Year in Photos
For the jewelry industry, 2013 was another year of major changes as consumers adjust to what appears to be the new normal for spending, consumption and quality of life, and the Internet continues to transform the way people communicate and do business. Click through this slideshow to see the year that was, in pictures.
New website endings and the jewelry industry
New "top-level domains"--the word that comes to the right of the dot in an Internet address--are now available, including ".diamonds". Here's what jewelry companies need to know about these new web address endings.
U.S. consumers are keeping their jewelry longer
Americans are holding on to their jewelry for the longest amount of time since right after the Great Depression, according to data from the U.S. Bureau of Economic Analysis (BEA).
JFC announces 2 dates for Rings of Strength
Jewelers for Children (JFC) is bringing back its Rings of Strength tour in two editions for 2014--an event at the close of the Centurion show and another during the jewelry shows in Las Vegas.
4 social media ideas for the holidays
With the season in full swing, jewelers and designers are taking their Facebook, Twitter, Pinterest and Instagram accounts to the next level. Read on to see how they’re using these social tools to engage consumers.
Jewelers’ fundraising to benefit hospital center
The Healthy Lifestyles Center at the Children’s Hospital of Richmond at Virginia Commonwealth University (VCU) will receive $10,425 thanks to a dozen Richmond jewelers who raised money for the center via a raffle.
21 sales tips for the holidays
The holiday shopping season is almost halfway over, but there’s still time to make sure the store’s staff and setup is doing everything possible to maximize sales.
De Beers’ Forevermark expands into Australia
Australian jewelry retailer Mazzucchelli’s is now an exclusive authorized jeweler of De Beers’ Forevermark brand in central, southern and western Australia and in the country’s most densely populated state, Victoria.
Parties mum on alleged John Hardy sale
None of the firms allegedly jostling to buy John Hardy are commenting on the reported deal, which values the jewelry brand at $100 to $140 million.
Supplier News: New catalogs released
A few design and manufacturing companies have rolled out catalogs in time for the holiday season, including Kameleon Jewelry and Charles Garnier Paris.
Holiday décor, brought to life
When decorating their stores for the holidays, jewelers need to remember that their sales people are part of the ambiance too. They should dress for holiday season success, columnist Diane Warga-Arias writes.
Georgia jewelers, Crime Stoppers form partnership
The Georgia Jewelers Association (GJA) has partnered with Crime Stoppers of Greater Atlanta to offer rewards for information leading to the arrest and indictment of people committing crimes against the jewelry industry, the GJA just announced.
Watch industry vet takes on his last race
A watch industry veteran who is also a former running aficionado participated in his final race Saturday, officially closing a chapter in his life dedicated to one of his greatest passions.
Jostens buys owner of ArtCarved, Keepsake brands
Yearbook and commemorative ring company Jostens Inc. announced Tuesday that it will acquire American Achievement, which also creates class rings as well as bridal and family jewelry.
JA offering discount on promotional insurance
Jewelers of America (JA) is offering its members an insurance promotion that will, in turn, allow them to offer sales promotions that tie refunds to certain events, such as the amount of snowfall or which team wins the big game.
Fashion conference to include jewelry sessions
Initiatives in Art & Culture’s (IAC) 15th annual Fashion Conference will include educational seminars from professionals in the jewelry industry hailing from well-known brands and publications.
Even lower silver price forecast for 2014
The average per-ounce price of silver is expected to drop 19 percent next year, the manager of precious metals for Thomson Reuters GFMS said following the release of the company’s interim report on the metal.
For first time since ’09, gold demand exceeds recycling
Gross demand for gold jewelry in the United States exceeded recycling in the third quarter, marking the first time that has happened in a non-holiday season quarter since 2009, the World Gold Council’s (WGC) latest Gold Demand Trends report shows.
Stuller now distributing Scrabble jewelry
Stuller is now the exclusive distributor of World Trade Jewelers’ Scrabble brand jewelry, a line of necklaces that are available in letters A through Z in sterling silver and gold-plated silver.
Lower-priced bridal driving platinum demand
The latest report from metals refiner and distributor Johnson Matthey indicates that platinum is experiencing a recovery in the North American market due in part to an increase in sales of less expensive platinum bridal jewelry.
What is your time worth?
Retailer Jim Alperin discusses how brick-and-mortar jewelry stores sometimes serve as the educational setting and in-person showroom for Internet diamond shoppers, and poses the question: Is it time for retailers to implement fees for these services?
Hearts on Fire names top retailers for 2013
Bernie Robbins Jewelers took home Global Retailer of the Year and Northeastern Retailer of the Year honors at this year’s Hearts on Fire University (HOFU), which took place Oct. 27 to 30.
Black Friday to reign as busiest shopping day
Four 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.
PGI training retailers on Millennial interactions
With 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.
Business discontinuances continue to drop
After 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.
17 security considerations for the holidays
There 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.
GJEPC honors India’s finest in Mumbai
Kiran Gems, Shree Ramkrishna Exports Pvt. Ltd. (SRK Exports) and Hari Krishna Exports Pvt. Ltd. were among the big winners at the Gem & Jewellery Export Promotion Council’s (GJEPC) 40th annual India Gem & Jewellery Awards.
Ready. Set. Go.
Ellen Fruchtman of Fruchtman Marketing shares tips on how jewelers can survive and thrive this holiday season.
JVC’s Amy Greenbaum passes away
Amy Greenbaum, managing director of marketing and development for the Jewelers Vigilance Committee, died Sunday following a 15-year battle with cancer.
MJSA conference to focus on profits, selling
MJSA will present its annual ConFab conference at the Fashion Institute of Technology (FIT) in New York Nov. 3, offering jewelry makers and designers a day of lessons on how to be profitable.
IDEX Online: Police arrest 17 in $31M watch heist
Spanish police have arrested 17 people suspected of involvement in the biggest jewelry heist in Spain's history, the December 2012 theft of wristwatches valued at more than 23 million euros ($31.4 million) in Madrid.
JFC to host comedy event during JA show
Jewelers for Children (JFC) and the organization Gen-Next Jewelers are partnering with New York City’s Gotham Comedy Club to host an All Star Comedy showcase to benefit children in need.
Couture’s social outreach begins with a #Takeover
Beginning Tuesday, Couture is turning over its Instagram account to a different member of the industry for a few days each month. The “Couture Takeover” is one part of an overall effort to broaden the show’s social media outreach.