The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
Appointments: Movado hires for ‘wearable devices’
In a move that shows the increasing importance and relevancy of wearable tech in the industry, Movado Group has hired Jo An Lawson, a former Apple employee, as its general manager of wearable devices.
New York--In a move that shows the increasing importance and relevancy of wearable tech in the industry, Movado Group has hired Jo An Lawson, a former Apple employee, as its general manager of wearable devices.
In this role, Lawson will lead the company’s wearable device initiatives, a route that will allow the company “to extend our brand reach and provide a new avenue for growth,” Movado said. She will report to vice chairman and COO Rick Coté.
She will be responsible for identifying opportunities for Movado in the technology arena as well as developing strategic alliances that will position the company to launch wearable device products consistent with its luxury branding.
Lawson joins Movado with significant brand and marketing experience, including nine years at Apple Inc. Most recently, she served as a marketing strategist at West Studios, acting as interim vice president of marketing for some of the top technology companies.
Daniel’s Jewelers hires new CFO
Daniel’s Jewelers announced that it has appointed Joseph Donaghy as its chief financial officer.
Donaghy comes to Daniel’s after holding positions as executive vice president, chief administrative officer, chief financial officer, and member of the board of directors of Ultra Jewelers both before and immediately after the company was acquired by Signet Jewelers Ltd.
Prior to Ultra, he held a senior operating position at Friedman Jewelers and served as the CFO of Crescent Jewelers.
Coinciding with Donaghy’s appointment, Art Ronci, the company’s senior vice president, was promoted to COO, and will retain responsibility for credit and collections operations, management information systems, customer service and corporate administration.
Headquartered in Culver City, Calif., Daniel’s has 74 locations throughout the state. New York-based private equity firm Palladium Equity Partners LLC recently made a major investment in the chain, with plans to open new Daniel’s Jewelers stores and pursue strategic acquisitions, both inside and outside California.
CEO of Gucci jewelry division steps down
Michele Sofisti has left his position as the CEO of Gucci Watches and Jewelry, citing other personal and professional opportunities that he wanted to pursue.
The company said that Sofisti’s replacement will be named in the near future; Gucci CEO Patrizio di Marco will serve as acting CEO in the meantime.
Sofisti joined Gucci Group Watches as the strategic advisor in 2009. He was promoted to CEO in 2010 and then in 2011 also was named CEO of the Sowind Group,
Sofisti stepped down from his position at Sowind in July to focus on Gucci Watches and Jewelry.
Signet creates CIO role
Signet Jewelers has named Daniel Shull as the company’s first chief information officer, effective Jan. 5. He will relocate to the northeastern Ohio area for the position, which will put him in charge of the information technology systems across all three of Signet’s division.
Shull will report to CEO Mark Light and serve on Signet’s executive committee.
He joins the company after more than seven years at Nike, where he held various IT leadership roles, including global retail CIO, as well as most recently serving as vice president of strategy, architecture and portfolio for the entire company.
He also spent 15 years at Borders Group, rising to the position of CIO and serving as vice president of application development as well as key merchandising leadership roles.
The Latest
Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
Retailers can customize and print the appraisal brochures from their store.
Despite the rising prices, consumers continue to seek out the precious metal.
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
The site has been down since Thursday evening, just ahead of its spring auctions.
The late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
Three fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.
Kimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.
As a token of womanhood, this necklace depicts when Venus was born from the sea.
Show your mother some love with a piece of fine jewelry.
The company’s Easton location will remain open.
Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.
Sponsored by the Las Vegas Antique Jewelry and Watch Show
Tobak, author of “Ice Cold: A Hip-Hop Jewelry History,” shares how the exhibition came to be, and the pieces people may be surprised to see.
Stars adorned themselves in emeralds, platinum, and myriad bird motifs, writes Associate Editor Natalie Francisco.
M.S. Rau is set to open a seasonal gallery in the high-end resort town early next month.
The branded jewelry market is thriving, said Richemont Chairman Johann Rupert.
The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.
The highlight of his collection is the coveted Patek Philippe Grandmaster Chime, which could sell for up to $5 million.
The “Venetian Link” series modernizes the classic Veneziana box chain in its bracelets and necklaces.
The Seymour & Evelyn Holtzman Bench Scholarship will provide tuition assistance to two low-income students.
The Swiss watchmaker said the company’s plans to use a new version of the Hallmark crown on jewelry would confuse consumers.
The executive talked about the importance of self-purchasers and how fuel cell electric vehicles are going to fuel demand for platinum.
The Indian jeweler’s new store in Naperville, Illinois marks its 350th location, part of its ongoing global expansion plans.
It will award a graduating high school student with about $10,000 toward a GIA diploma and an internship with the Seattle-based jeweler.