Latest NewsZale slapped with shareholder class-action suitA shareholders' class-action lawsuit has been filed against Zale Corp., its chief executive officer and three former executives, claiming the Irving, Texas-based, 1,931-store chain deliberately deceived investors. Read More JCOC: 11 percent to purchase jewelry this holidayPaso Robles, Calif.--Eleven percent of Jewelry Consumer Opinion Council (JCOC) panel members plan to purchase fine jewelry or watches as a gift this holiday season, with 82 percent of this group believing they are either somewhat or extremely likely to do so, according to the JCOC's Pre Holiday study. Read More 
Penney's 'Doghouse' lives to bark another seasonMen, consider yourself warned: J.C. Penney Co. Inc.'s award-winning "Beware of the Doghouse" viral marketing campaign is back for a second holiday season. Read More JA offers grant fund for state association partnersNew York--Jewelers of America (JA) has established a new "Affinity Group Support Fund" for its state and regional association partners so that they can apply for grants to supplement the cost of organizing projects and events that will result in more vibrant, financially stable and effective organizations. Read More Jewelers: Win Platinum Points over the holidaysNeenah, Wis.--Jewelers Mutual Insurance Co. will be helping to spread holiday cheer this season with the Jewelers Mutual Platinum Points referral program. Read More Lori Bonn Design hires new execsOakland, Calif.--Lori Bonn Design has announced the addition of two new executives to its growing operation, with the company saying the move will enable Lori Bonn Design to fully capitalize on the considerable expansion it expects to undertake in the next year and beyond. Read More 
Trent West, Penney's settle tungsten carbide suitA federal court in Texas has dismissed tungsten carbide ring king Trent West's patent infringement lawsuit against J.C. Penney Co. in a case that lawyers say provides the department store with unfettered access to a popular sector of the men's wedding band market. Read More Singer snags six pieces at Madoff auctionNew York--The Singer Collection, an expert in antique and 20th-century jewelry, has acquired six pieces that once belonged to infamous Wall Street swindler Bernie Madoff. Read More 
Angelina Jolie, Brad Pitt design for AspreyAngelina Jolie and Brad Pitt are famous for juggling their film schedules with philanthropic efforts that take them around the globe, all while playing parents to six kids, but the Hollywood power couple has lately gotten even busier: They've dipped into jewelry design. Read More Birks and Mayors mid-year sales down 19 percentMontreal--Same-store sales at Birks and Mayors Inc., which operates 67 luxury jewelry stores across Canada, Florida and Georgia, decreased 19 percent for the 26 weeks ended Sept. 26, compared with the same period last year. Read More Rose Jewelers CEO Rosenblatt diesNew York--Award-winning jeweler Robert Rosenblatt (Bob Rose) of Patchogue, Long Island, died on Nov. 14 after a long battle with esophageal cancer. He was 82. Read More Industry calling for swift action on ZimbabweJewelers of America is calling on the Kimberley Process to fully and quickly implement a work plan to address the serious concerns surrounding Zimbabwe's non-compliance with the Kimberley Process Certification Scheme, the system designed to keep conflict diamonds out of the international trade, and the reported human rights abuses in the Marange diamond fields. Read More Sears, Ultra, Blue Nile to avoid 'dirty' goldSears Holdings (parent company of Sears and Kmart), Ultra Stores and Blue Nile announced today their decision to shun irresponsible gold mining and seek cleaner sources of gold and precious metals. Read More 
Sotheby's reports record-breaking sales in GenevaJewels of historical importance and natural-color diamonds garnered "stunning" prices at Sotheby's "Magnificent Jewels" sale, held on Tuesday at the Hotel Beau Rivage in Geneva. Read More SMI launches expanded Savor Silver Web siteNew York--The Silver Marketing Initiative (SMI) has enlarged and enhanced the SavorSilver.com Web site, adding eight new "Designers of Distinction" to the inaugural 10 introduced on the site earlier this year. Read More 3Q sales down 4 percent at ShopNBCMinneapolis, Minn.--Revenues declined 4 percent in the third quarter for multi-media retailer ShopNBC, as the company stuck to its strategy of offering lower-priced items, including less expensive jewelry. Read More CJA, WJA Midwest announce holiday partyChicago--The Chicago Jewelers Association (CJA) and the Women's Jewelry Association (WJA) Midwest Chapter are hosting their annual holiday party on Dec. 7. Read More Jules R. Schubot Inc. files Chapter 11Jules R. Schubot Jewellers, a Michigan jewelry store with a 92-year history, has filed for Chapter 11 bankruptcy protection, and The Gordon Co. is conducting its going-out-of-business sale, court documents show. Read More 
Flawless diamonds to shine in Sotheby's saleAn array of flawless colorless diamonds, artistic works by master jewelers such as Cartier, JAR and Louis Comfort Tiffany, and an offering of jewels from the collection of a late fashion model will be among the highlights of Sotheby's New York sale of Magnificent Jewels. Read More Survey: Fewer holiday shoppers to rely on creditWashington--A quarter of all holiday shoppers will pay for gifts this year with cash, a 9.1 percent increase from last year's 22.8 percent, according to the National Retail Federation's (NRF) 2009 Holiday Consumer Intentions and Actions survey, conducted by BIG Research. Read More Diamond symposium focuses on 'new normal'Antwerp, Belgium--The coming year is likely to be a year of growth for the diamond industry, but the sector needs to recognize that there is a "new normal" in the global economy. Read More Subdued rough-diamond trade in U.S.Rough-diamond imports by the United States remained low in September. U.S. gross rough-diamond imports totaled $22.09 million on imports of 14,142 carats, an average value of $1,562.28 per carat. Net imports stood at $6.41 million. Read More Gerber named VP of sales for WRCobbOnlineCranston, R.I.--W.R. Cobb Co. has appointed Jay Gerber as vice president of sales and marketing for its interactive division. Read More Retail sales remain flat in OctoberAs Black Friday approaches, the National Retail Federation (NRF) reported that retail industry sales were flat in October compared with the previous month. This report, which excludes automobile, gas station and restaurant sales, represents a 1.3 percent drop year over year. Read More Survey: Jewelers rate tops in customer serviceWashington--Retailers that sell jewelry ranked among the top 10 finalists selected by shoppers for their outstanding customer service, according to the annual National Retail Federation (NRF) Foundation/American Express Customers' Choice survey, conducted by the NRF Foundation, the research and educational arm of the NRF. Read More |
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