Milestone Group buys N.O.A. North America
Mahway, N.J.—An investment partnership firm formed by watch-industry veteran Jerry Batt has purchased N.O.A. North America and sole distribution rights for N.O.A. timepieces throughout the...
PPR revenue grows in 1Q
Paris—French luxury conglomerate PPR saw revenue climb 5.6 percent in the first quarter of 2007 to $6 billion.
Richemont NA executive director to retire
Geneva—Callum Barton, president and chief executive officer of Richemont North America, will retire on Oct. 31. He will also step down from his position on the company's board of directors.
Men more likely to gift on Valentine's Day
New York—A new study from market research company TNS North America says that among those celebrating Valentine's Day this year, men are more likely to give a gift than women (81 percent versus...
Tiffany to launch eyewear collection
New York—Tiffany and Co. has signed a 10-year eyewear licensing agreement, under which Luxottica Group will design, manufacture and distribute eyewear for the jewelry house under the Tiffany...
LVMH Watch and Jewelry NA names new president, CEO
Springfield, N.J.—LVMH Moet Hennessy Louis Vuitton Watch and Jewelry North America has appointed Ulrich Wohn as its new president and chief executive officer, effective Dec. 1.
UJA to honor Zale's Zimmerman
New York—The Diamond, Jewelry and Watch Division of the United Jewish Appeal Federation of New York will honor Zale North America President John A. Zimmerman with the Leadership Award of...
Buxbaum extends liquidation services to jewelers
Agoura Hills, Calif.—In light of the struggling U.S. economy, liquidation and appraisal company Buxbaum Group has announced the launch of a new venture designed to help struggling retail...
Study: Jewelry top 'investment of passion'
New York—Jewelry represents the third-strongest category for "investments of passion" for high-net-worth individuals, according to a new report by Merrill Lynch and Capgemini.
Gordon's Jewelers president resigns, new senior VP named
Dallas—Zale Corp. announced today the resignation of Frank Mroczka as president and senior vice president of Gordon's Jewelers.
Wunderman replaces Orloff at Corum USA helm
Neuchatel, Switzerland—Montres Corum Sarl has announced that President Michael Wunderman will replace Corum USA President Stacie Orloff to preside over the distribution of the brand in North...
Cartier launches new LoveCharity bracelet and announces accompanying new music ambassadors
Cartier is launching a new LoveCharity bracelet to celebrate its third annual LoveDay, which is taking place on June 19, according to a press release on PR Newswire.
Corum creates 'Golden Bridge' for Neiman Marcus
Irvine, Calif.—In celebration of Neiman Marcus' 100th anniversary, Corum has dedicated a pair of limited-edition Golden Bridge watches.
Stefan Hafner names new director
New York—Stefan Hafner has named Doug Robinson its new director of North America, assuming the position that Peggy Grosz has held for the last 16 years.
Royal Asscher launches line of sapphire jewelry
New York—Diamond company Royal Asscher of America has launched Royal Asscher-cut sapphires, which it will sell alongside its specially cut diamonds under the name "Rocks and Jewels by Royal...
Zale's Zimmerman leaves as company streamlines
Dallas—Zale Corp. has announced it is streamlining its corporate organization, beginning with the centralization of support functions for the moderate brands. The company has also announced...
Gitanjali purchases majority interest in Tri-Star Worldwide
New York—Gitanjali USA Inc., a subsidiary of Gitanjali Gems Ltd., announced the purchase of a majority interest in Tri-Star Worldwide LLC, a BHP sightholder, CanadaMark licensee, manufacturer...
Tiffany urges opposition to Alaska gold mine
New York—From the fate of the red-skinned salmon that swim the clear waters of Bristol Bay, Alaska, to the die-hard salmon fishermen currently fretting over their livelihood, the new documentar...
Antiquorum Spring auction nets over $15 million
Geneva—Watch auctioneer Antiquorum ended its Spring auction in Geneva on May 13, with 81 percent of the 696 lots selling for a total of $15,090,913.
GCAL achieves ISO accreditation
New York—The Gem Certification and Assurance Lab (GCAL) has received an accreditation signifying it conforms to international standards for accurate and reliable diamond grading, the New...