Industry objects to broadening platinum definition
New York—A number of industry organizations have filed a statement with the Federal Trade Commission (FTC) objecting to the FTC's proposal to broaden the definition of the word "platinum."
New Gemesis site offers 'retailer locator'
Sarasota, Fla.—Gemesis, the Florida-based company known for its lab-grown colored diamonds, has redesigned its Web site.
FTC gives mixed ruling on 'cultured' gems
Washington, D.C.—The Federal Trade Commission (FTC) rejected a petition from the Jewelers Vigilance Committee (JVC) and nine other trade associations requesting that the commission use its...
Consumer sues Jewelry Television over treated gems
San Diego--A California woman has filed a $5 million class-action lawsuit accusing Knoxville, Tenn.-based Jewelry Television of false advertising and alleging that the company sold treated gemstones...
Zale 4Q sales up 6 percent
Dallas—Same-store sales at Zale Corp. increased 6.1 percent for the fourth quarter ended July 31, while revenues increased 6.1 percent to $456 million, compared with $430 million for the same...
Gemesis COO McEwen leaving in April
Sarasota, Fla.--Clark McEwen, chief operating officer of lab-grown-diamond company Gemesis, will leave the company when his contract expires in April, McEwen confirmed to National Jeweler on Monday.
FTC requests public opinion on platinum guides
New York—The Federal Trade Commission (FTC) has issued a Federal Register Notice asking for comments on its proposed amendment that would allow jewelry marketers to use the term platinum, or an...
Yehuda sues Blue Nile over treatment disclosure
New York--Yehuda Diamond Co. has filed a lawsuit on behalf of consumers who purchased emeralds from Blue Nile, claiming the Seattle-based online jewelry retailer sold treated emeralds without the full...
Platinum Task Force holds forum on FTC proposal
New York—The Platinum Task Force held an open meeting yesterday at the JA New York Winter Show to discuss the Federal Trade Commission's (FTC) request for comments on its proposed outlines for...
Revitalized J.C. Penney aims for middle class
Since returning to its roots, retailer J.C. Penneys has been hitting its Middle America target, The Arizona Republic reported. By shifting focus back to apparel and house wares and away from...
An earrings ad crosses FTC's legal line
The Jewelers Vigilance Committee (JVC) recently received an inquiry on an earrings advertisement that appeared in a local newspaper.
Reebok to pay $1 million fine for lead bracelet premiums
In a settlement agreement reached last week, Rebook International Ltd. agreed to pay a $1 million civil penalty and denied it violated federal law when it distributed 300,000 free Reebok-branded...
Enhancement-disclosure requirements now on video
New York—A discussion of the risks and requirements of enhancement disclosure featuring Robin Spector of the Federal Trade Commission (FTC), Cecilia Gardner of the Jewelers Vigilance Committee...
Warranty co. launches lifetime jewelry guarantee
Sterling, Va.—N.E.W. Customer Service Companies Inc. has launched a lifetime jewelry warranty program, the company announced this week.
Jeweler and philanthropist I. W. Marks dies
Houston, Texas—Jewelry business and philanthropic leader I.W. Marks died yesterday of Aden carcinoma and multi-organ failure. He was 73.
BHP clears U.S. hurdle in bid for Rio Tinto
London—BHP Billiton announced on Thursday that The U.S. Department of Justice and the Federal Trade Commission (FTC) have essentially cleared the way for its proposed acquisition of Rio Tinto,...
Consumer sues Jewelry Television over treated gems
San Diego—A California woman has filed a $5 million class-action lawsuit accusing Knoxville, Tenn.-based Jewelry Television of false advertising and alleging that the company sold treated...
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