Court freezes assets in diamond fraud case
New York—A state judge issued an injunction Monday that freezes all assets of the defendants who were accused of stealing $3.3 million in diamonds as part of an alleged "bust-out" scheme to...
Diamond dealers lawsuit alleges $3 million fraud
New York—Lawyers representing 45 diamond companies filed suit today against three men accused of being part of a fraudulent "bust-out" scheme that led to the theft of $3.3 million in diamonds.
NYSJA 2008 scholarships now open to students
New York—The New York State Jewelers' Association (NYSJA) has announced the launch of its 2008 scholarship program, offering several scholarships in the amount of $2,500 each to aspiring...
Chopard hosts luncheon to honor NYCB
New York—Chopard, the Swiss-based company known for its luxury jewelry and timepieces, was host of the New York City Ballet's (NYCB) Annual Luncheon, held Feb. 1 at Lincoln Center's New York...
Raymond Weil sues Charlize Theron
New York—Swiss watchmaker Raymond Weil has sued actress Charlize Theron for breach of contract after the actress allegedly reneged on the terms of an endorsement deal with the brand.
Sterling silver campaign steps out
Just in time to target the style-conscious 'recessionistas,' the Silver Institute is launching a campaign to promote silver jewelry as a fashionable, affordable choice.
GIA Lab offers Holiday Express Service
Carlsbad, Calif.--The Gemological Institute of America (GIA) has announced that the GIA Laboratory will again offer its Holiday Express Service during the holiday season, from Dec. 1-19.
JA distributes guide to jewelry careers
New York--Jewelers of America (JA) has sent "Careers in the Jewelry Industry," a comprehensive guide to occupations in the jewelry industry, to 1,000 high schools in 48 states plus the District of...
Are your staffers sharers or sharks?
Royersford, Pa.--Is it better to reward the salesperson who scores a tough sale during the holiday season, or should the whole team get a bonus when 4Q sales rise overall?
Multi-location independents trimming branches
The worldwide economic meltdown is forcing some long-standing independent jewelers to close branch locations in an effort to cut costs and streamline operations.
Tiffany looks to reduce staff through retirement plan
New York--Luxury retail jeweler Tiffany and Co., which recently announced a drop in sales for the third quarter, is now making plans to adjust its staffing levels in the United States.
Luxury jewelry show to launch in Dubai
Dubai, United Arab Emirates--Dubai, the crossroads for an ever-growing luxury goods market, will play host to a new, by-invitation-only jewelry show set to debut next year.
'Unbreakable Kiss' supports AIDS research
New York--In recognition of World AIDS Day, A Diamond Is Forever has sponsored the "Unbreakable Kiss Mistletoe Installation" in New York City's Madison Square Park.
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...
Diamond industry to continue business in Mumbai
Mumbai, India--Condolences and messages of support continue to pour forth for those affected by last week's terrorist attacks in the diamond manufacturing center of Mumbai, India.
Jewelers pleasantly surprised after Black Friday
New York--Braced for skimpy sales and slow traffic, jewelers nationwide who spoke to National Jeweler on Monday said they were both pleased and surprised with Black Friday and the weekend sales that...
Diamantaires spared in Mumbai terror attacks
Mumbai, India--Diamantaires who gathered in Mumbai for a Diamond Trading Co. (DTC) meeting last week have all been accounted for in the wake of terror attacks in India's jewelry manufacturing hub, the...
Consumer confidence bumps up in November
New York--The Conference Board Consumer Confidence Index, which sank to an all-time low in October, saw modest improvement in November, but consumer pessimism lingers, according to a new survey.
TV shopping networks tuning in to Internet
New York--While jewelry continues to be a key category for TV shopping retailers, online rather than on-air sales are the engine that has been revving up revenues in recent years.
JSA: NYC diamond firms warn of suspicious letters
The Jewelers' Security Alliance is telling industry members to be wary about suspicious inquiries after two New York-based diamond companies received letters from alleged independent private jewelers...