Latest NewsCharles 'Chuck' Lein to retire from StullerLafayette, La.--Stuller Inc. President and Chief Operating Officer Dr. Charles D. "Chuck" Lein will retire at the end of the month and his responsibilities will be split between two people, Stuller announced late Thursday. Read More JCOC: Consumers remain down on economyConsumers remain pessimistic on the state of the U.S. economy and few have plans to buy jewelry in the near future, according to the latest economic tracking data from the Jewelry Consumer Opinion Council (JCOC). Read More Macy's December sales down 4 percentCincinnati--Same-store sales at Macy's Inc. decreased 4 percent in December and 7.5 percent for the combined November-December holiday selling period, compared with the same periods last year, the company reported on Friday. Read More Saks December sales down 19.8 percentNew York--Same-store sales at Saks Inc. decreased 19.8 percent for the five weeks ended Jan. 3, and owned sales decreased 18.9 percent to $363.3 million, compared with $447.7 million for the same period last year, the company announced on Friday. Read More Neiman Marcus December sales down 27.5 percentDallas--Same-store sales at Neiman Marcus Inc. decreased 27.5 percent to $524 million for the five weeks ended Jan. 3, compared with $723 million for the five weeks ended Dec. 29, 2007, the company announced on Friday. Read More Carelle crafts gem of a gift for Golden GlobesWhen the Golden Globe Awards take place on Sunday at the Beverly Hilton Hotel in Beverly Hills, Calif., the jewelry industry will be poised to see who wears whose jewelry on the red carpet. Read More Zale holiday sales down 19.6 percentDallas--Same-store sales at Zale Corp. decreased 19.6 percent for the November-December 2008 period, compared with the same period last year, the company announced on Thursday. Read More Signet holiday sales down 15.2 percentLondon--Same-store Group sales at Signet Jewelers dropped 15.2 percent for the nine weeks ended Jan. 3, 2009, and total sales decreased 19.4 percent on a reported basis (13.1 percent at constant exchange rates), compared with the same period last year, the company announced on Thursday. Read More MJSA names David Cochran president, CEOProvidence, R.I.--Manufacturing Jewelers and Suppliers of America (MJSA) has named longtime industry veteran David W. Cochran as its new president and chief executive officer. Read More Israel's diamond exports drop in '08The Israeli diamond industry reported a drop in both polished- and rough-diamond exports in 2008, with the global economic crisis hitting the diamond-trading center hard in the second half of the year. Read More JA New York to debut brand-new seminarsNew York--A buying show isn't complete without a few educational offerings in the mix, and organizers of the upcoming JA New York Winter Show have made sure to keep attendees satisfied on that front. Read More Two suspects shot in attempted jewelry robberyPhoenix--The owner of a Phoenix jewelry store shot and wounded two men during an attempted robbery at his store on Monday, the Arizona Republic reports. Read More Nielsen's Russo named presenter for JA New YorkNew York--Organizers of the upcoming JA New York Winter Show have named James Russo, vice president of marketing for the Nielsen Co., as one of the presenters for the show's general session. Read More JIC issues final call for GEM Awards ticketsNew York--Seats are still up for grabs for the seventh annual Jewelry Information Center (JIC) GEM Awards gala, taking place this Friday at Manhattan's Cipriani 42nd Street. Read More WFDB Hong Kong meeting postponedRamat Gan, Israel--The meeting of the World Federation of Diamond Bourses (WFDB) slated to take place today in Hong Kong has been postponed due to the ongoing conflict in Israel, the WFDB has announced. Read More Waterford Wedgwood cracks, files for bankruptcyLondon--China and crystal maker Waterford Wedgwood PLC filed for bankruptcy protection on Monday, after attempts to glue the company back together or find a buyer failed, The Associated Press (AP) reported. Read More M. Geller launches Diamond Jewelry BuilderChicago--M. Geller has announced a new companion to its popular Bridal Ring Builder platform for retail jewelers. Read More JRB to offer business-ed classes for jewelersPelham, N.Y.--The Jewelers Resource Bureau (JRB) is taking its educational offerings on the road, bringing seven business-education classes for jewelers to Tucson, Ariz., during Gem Fair Week. Read More Pacific Northern offers loaner-display programCarrollton, Texas--Pacific Northern, a manufacturer of custom jewelry, optical and watch display products, has introduced a new, emergency loaner-display program for jewelers hit by natural disasters such as hurricanes and floods. Read More WFDB to discuss how best to serve Asian membersAntwerp, Belgium--World Federation of Diamond Bourses (WFDB) President Avi Paz has invited the leadership of all WFDB-affiliated bourses in Asia to a summit meeting in Hong Kong on Jan. 7. Read More Movado's Gedalio 'Gerry' Grinberg diesMovado Group founder and chairman Gedalio "Gerry" Grinberg, widely considered a visionary in the watch industry, has died. He was 77. Read More Can Obama bring change to retail outlook?Washington--Though many Americans were on an emotional high after Barack Obama was elected the nation's first black president, retail jewelers who spoke to National Jeweler were more grounded in their discussions of how his presidency might impact the retail business. Read More Study: Holiday shoppers were on hunt for bargainsChicago--Consumers flooded stores in the days leading up to, and immediately following, Dec. 25, looking to get the most bang for their buck this holiday season, data complied by ShopperTrak shows. Read More Study: Online jewelry sales drop 24% this holidayReston, Va.--Online sales of jewelry and watches didn't fare well this holiday season (Nov. 1-Dec. 24), falling 24 percent compared with the same period last year, according to the latest research from ComScore. Read More Bangkok fair lures buyers through travel discountsBangkok, Thailand--The Bangkok Gems and Jewelry Fair (BGJF) is offering hotel room discounts to attract and assist buyers who will be attending the upcoming edition of the show, set to take place from Feb. 25-March 1. Read More |
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