Consumers purchase antiques in struggling economy
Miami, Fla.--Consumers are continuing to purchase antiques, including jewelry, paintings, furniture and collectibles, as investment opportunities during this struggling economy, according to DMG World...
Rogers, Samuels pull designs amid lawsuit
Miami--A judge has issued a restraining order that temporarily bans two Midwest chain retailers from selling or advertising specific pieces of diamond jewelry that Merit Diamond Corp. claims, in a...
Palmieri completes acquisition of GCAL
New York--The Palmieri Group, led by well-known gemologist Don A. Palmieri, has concluded its acquisition of the Gem Certification and Assurance Lab (GCAL) and other assets from Collectors Universe...
C.R. 'Cap' Beesley disconnects from AGL
New York--Well-known gemologist and former American Gemological Laboratories (AGL) President C.R. "Cap" Beesley is no longer affiliated with the lab, which is now under new ownership.
Collectors Universe CEO leaving
Newport Beach, Calif.--Collectors Universe Inc. announced earlier this week that Chief Executive Officer Michael Haynes is leaving the company on April 1, according to a news release.
Collectors Universe exiting grading business
Newport Beach, Calif.--The company that owns both the Gem Certification and Assurance Laboratory (GCAL) and the American Gemological Laboratory (AGL) is getting out of the business of grading diamonds...
Study: Love's on a budget this Valentine's Day
Los Angeles--Valentine's Day spending is expected to drop 4.8 percent to $28.6 billion this year compared with 2008, as lovers choose candy and cards rather than bouquets and bling, according to the...
First-quarter sales down 14 percent for ShopNBC
Eden Prairie, Minn.--Revenues declined 14 percent in the first quarter of 2009 for multi-channel retailer ShopNBC, which slashed its jewelry inventory in half during the period.
Natural History sale to highlight tourmaline
New York--Bonhams will hold its spring auction of Natural History on June 1, offering a diverse group of high-quality jewelry, gemstones and lapidary works of art.
Study: Online jewelry sales drop 24% this holiday
Reston, Va.--Online sales of jewelry and watches didn't fare well this holiday season (Nov. 1-Dec. 24), falling 24 percent compared with the same period last year, according to the latest research...