Seeing stripes: Swatch files suit over zebra design
Swiss watch giant Swatch Group has slapped Target with a trade dress infringement lawsuit claiming the retailer is selling watches that are inferior copies of its “zebra” and “multicolor” plastic Swatch watches.
Federal judge dismisses EEOC case vs. Sterling
A New York federal judge has thrown out the Equal Employment Opportunity Commission’s claim that Sterling Jewelers Inc. engaged in a nationwide practice of paying its female employees less and passing them over for promotions.
Pandora board chairman resigning
Due to “other professional commitments,” Pandora’s Chairman of the Board Marcello Bottoli will step down as soon as a successor is found, the jewelry company announced Monday.
Tech tidbits: MJSA, Omi Privé, more
Web site upgrades for MJSA, colored gemstone company Omi Privé and insurance company Jewelers Unblocked are among the industry players to debut new websites recently.
Buffett to again don sales hat at Borsheims
Once again, investing magnate and Berkshire Hathaway Chairman Warren Buffett will step behind the Borsheims counter to sell jewelry to shareholders of his company.
Who in jewelry is a billionaire?
The Oppenheimer family and diamantaire Laurence Graff still rank among the world’s richest while the founder of Firestar Diamond is a “new billionaire,” according to Forbes’ annual list of the world’s wealthiest people, which was released this week.
Pandora takes over Middle East distribution
Pandora will now distribute its own jewelry in the United Arab Emirates, Bahrain, Qatar and Oman after acquiring 100 percent of Pan ME A/S, the company that distributes the brand’s products there.
Effy launches bridal line at Macy’s
Jewelry brand Effy is introducing its first bridal collection and will launch the line for spring 2014 at Macy’s, selling both in store and online on Macy’s and Effy’s websites.
Appointments: Tiffany names new creative agency
Ogilvy & Mather Worldwide is now the global marketing communications partner for Tiffany & Co. and will complement the retailer’s international marketing capabilities with brand positioning and ad support.
Signet-Zale: The culmination of consolidation
National Jeweler analyzes the price tag on the $1.4 billion deal between Signet Jewelers and Zale Corp., what it means for the jewelry industry as a whole and what the real “pickup” of the acquisition is for Signet.
Signet acquiring Zale in $1.4B deal
Signet Jewelers Ltd. and Zale Corp. announced Wednesday morning that Signet, parent company of Sterling Jewelers, is acquiring Zale in a deal valued at $1.4 billion.
Signet gives CEO Barnes a long-term contract
Signet Jewelers Ltd., the largest specialty jeweler in the world, has given its CEO a long-term contract, a recent 8-K filing with the Securities and Exchange Commission shows.
Where in the country are hearts on fire?
San Antonio, Texas and Seattle top Amazon.com’s annual list of the 20 most romantic cities in the United States, an annual inventory of the metropolitan areas where residents ordered the most love-related books, movies and music over the past year.
Appointments: RJC searching for CEO
The Responsible Jewellery Council is on the hunt for a new CEO who will provide strategic vision and leadership for the next chapter of the organization’s development.
In Tiffany vs. Costco, the battle’s just begun
The judge’s latest ruling in its battle with Costco likely left Tiffany feeling a little blue. But the legal battle between these two retail giants over the term “Tiffany” in relation to engagement ring settings is still in its early stages, and no one side has a clear advantage.
Investment firm acquires Robbins Bros
California retailer Robbins Brothers confirmed last week that the company has been sold to private equity firm Comvest Investment Partners.
Target laying off nearly 500 workers
Target Corp. confirmed Wednesday that it is letting 475 workers go, and news reports state it will leave another 700 open positions unfilled.
Coming soon: Tiffany & Co., the movie
The name Tiffany & Co. has been immortalized by Truman Capote and Audrey Hepburn, sung by Marilyn Monroe and had its jewelry worn by party guests of the great Gatsby. Now, the iconic New York jeweler gets to tell its own story on the big screen.
Company launches skin-protecting ‘smart’ bracelet
In one of the latest developments in the “wearable technology” arena, technology company Netatmo has introduced a so-called “smart bracelet” that monitors the wearer’s sun exposure and gives skin care advice.
Barneys to open new flagship in 2017
Luxury retailer Barneys New York will open a store on Seventh Avenue in Manhattan’s Chelsea neighborhood three years from now, marking the company’s return to the neighborhood where it got its start.
40M could be impacted by Target data breach
It couldn’t have come at a worse time. Target Corp.
confirmed Thursday that there was unauthorized access to the credit and
debit card data of shoppers who made purchases in its
U.S. stores over the past month.
Macy’s stores to stay open all night until Dec. 24
More than 30 Macy’s stores in cities across the country will stay open 24 hours a day for four days in a row, beginning this Friday and continuing until Christmas Eve, the retailer announced Wednesday.
Calif. jeweler acquires gold mine
Jewelry manufacturer and retailer The Jewelry Exchange has completed its purchase of the Gold-Stone mine in Southern California.
Marie Claire costume line launches at Macy’s NYC
The Chic collection from Marie Claire Jewelry has launched in Macy’s Herald Square store in New York, which is the department store’s flagship location and also is advertised as the largest store in the world.
Macy’s to launch Latino-focused brand, jewelry
Macy’s will introduce a clothing and jewelry brand aimed at Latino women in spring 2015, though the retail giant said there’s no word on whether the jewelry will be fine or fashion.
Samuels Jewelers opening three new stores
Samuels Jewelers Inc. will open new locations in Texas and Ohio during the holiday shopping season, as well as remodel three existing stores, the company announced recently.
Walmart CEO to retire in early 2014
Walmart Stores Inc. announced Monday that Mike Duke, its president and CEO, will retire and be replaced by the head of the retailer’s international division, Doug McMillon.
Diamond studs listed among Kohl’s Black Friday deals
Kohl’s Department Stores is offering 70 percent off a pair of diamond solitaire earrings as one of its deals on Black Friday, which technically begins when the retailer opens its doors Thanksgiving night.
‘Fashionistas’ pick rings for Robbins Brothers
Retailer Robbins Brothers has revealed the eight engagement rings highlighted in its second annual “Fashionista Ring Reviews,” a selection of the best in bridal curated especially for the retailer by fashion writers.
De Beers stores offering custom ring service
De 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.
Hearts on Fire opens store in PA, closes in NJ
Hearts on Fire announced Tuesday that it opened the second of its new
concept retail stores in Philadelphia while also confirming that it has
shuttered its first U.S. retail location, the boutique located in the
Borgata hotel in Atlantic City, N.J.
Appointments: Tourneau names new CEO
Ira Melnitsky has been appointed CEO of Tourneau, succeeding James Seuss
who left the company last year to serve as CEO and global president of
Christmas Book offers $2M diamond experience
An “Ultimate Diamond Experience” with Forevermark toting a price tag of
nearly $2 million is among the “Fantasy Gifts” listed in Neiman Marcus’
2013 Christmas Book, a catalog of holiday-ready luxury items that
include the extremely lavish and extravagant.