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The jewelry industry goes green
...-free diamonds and fair-trade gemstones.Though materials are more available, challenges still remain, such as finding chain components, which cannot yet be produced from recycled metals, Parada says. Manning notes that it might be harder for jewelers who cast to use recycled metals. In addition, challenges persist for designers who work overseas.Lori Bonn, whose jewelry is produced in Bali, Indone... |
Special Report: The State of the Majors 2009
...ctly imports its diamonds and gemstones; Goldenwest, which is one of the largest independent direct diamond importers in the United States and manufactures nearly all of its own jewelry; Sterling Jewelers, which opened the Signet Sourcing Manufacturing unit in India in 2007; and Gitanjali, which plans to market in its U.S. retail stores its self-manufactured proprietary brands made in India.Many r... |
U.S. sales looking up for Sterling
...Jewelers Ltd., which operates jewelry stores in both the United States and the United Kingdom, sales for Sterling totaled $624.8 million for the 13 weeks ended May 2, a decline of only 2.6 percent.Sterling operates Kay Jewelers and Jared The Galleria Of jewelry stores, as well as a number of regional brands.Signet Chief Executive Terry Burman said it was an "encouraging performance" compared with ... |
JIC offers free business-survival tools
... their favorite stories about jewelry, and the ads pull on an emotional chord, the JIC says, generating increased desire to purchase jewelry. The post cards reinforce the message and serve as invitations to attract customers to members' stores. Finally, the in-store signage encourages staff to open a communication dialogue with customers. The JIC also provides additional instructions, tips and spe... |
After tough holiday, jewelers down but not out
...w was especially ugly for the jewelry industry: Holiday sales fell for 80 percent of the retailers who participated in National Jeweler's exclusive 2008 Year-End Sales Survey.Still, jewelers reached customers in innovative ways and say they're hanging tough and hoping for relief by summer.While jewelers--and quite frankly, just about all retailers nationwide--were braced for a bitter end to 2008, ... |
Robbins Bros. files Chapter 11, sells stores
...ngton, Del.--California-based jewelry chain Robbins Bros. Corp. filed for Chapter 11 bankruptcy protection on Tuesday, making it the latest major jewelry retailer to fall prey to the economic crisis.Robbins Bros., the 16-store Azusa, Calif.-based chain known as an engagement ring destination, has filed for Chapter 11 bankruptcy protection and will be broken up into two parts and sold.According to ... |
Sears, Kmart get in the gold buyback game
...fering the services via their jewelry departments. According to a news release issued Monday by Sears Holdings, the buyback program is being launched in conjunction with Pro Gold Network, a Madison Heights, Mich.-based purchasing, manufacturing and refining facility. Consumers looking to sell gold or silver items can pick up ProKits in the jewelry department of Sears and Kmart stores. Each kit con... |
James Avery announces new store opening in Allen
...in numerous metals, sizes and gemstones. The Village at Allen store hours will be from 10 a.m. to 8 p.m. Monday through Saturday and 12 p.m. to 6 p.m. on Sunday. With the addition of the Allen location, James Avery operates a total of 51 stores across Texas, Oklahoma, Colorado, Louisiana and Georgia. Nine of the 51 locations are within the Dallas/Fort Worth metroplex. Customers can also shop onlin... |
Wal-Mart gives prime placement to fine jewelry
jewelry - Wal-Mart,prime,placement,fine jewelry' /> Wal-Mart is the No. 1 seller of jewelry in North America, racking up an estimated $2.9 billion in jewelry sales in 2008.Kearny, N.J.--Strolling through a Virginia Wal-Mart store recently, industry analyst Ken Gassman noticed profound changes to the mega-retailer's fine-jewelry department that were hard to ignore, especially for an analyst wh... |
Customer 'wish lists' prove versatile tools
... what I want!' My in-laws own jewelry stores in Tennessee, and that's what they run into all the time."In Fremont, Calif., June Sablan, owner of StoneWear jewelry, confirms that the wish list is an effective way to bring men into the equation--and to ensure that they'll buy something that the recipient will appreciate. Sablan says she encourages men and women to make lists for her to use in follow... |
EXCLUSIVE: Jewelers see uptick in sales since Black Friday
... Friday weekend, with diamond jewelry topping consumers' shopping lists."Sales last week were definitely higher for us than they usually are in the week after Thanksgiving," says Evan James Deutsch, owner of Evan James Ltd. in Brattleboro, Vt. "The weather I think really helped. It was 65 degrees here. People seemed more upbeat and more willing to spend early on."Deutsch says that Friday, Dec. 1, ... |
Will interactive displays appeal to consumers?
... Glendale, Calif., can try on jewelry freely, but the store does not offer engagement rings or high-end jewelry.Memphis, Tenn.--Vickie Blevins of James Middleton Jewelers has noticed a trend that she believes does not bode well for the store's future.Customers swarm her Memphis, Tenn., store for 40th and 50th wedding anniversary gifts, but she sees very few fresh faces buying engagement rings or f... |
Tourist-spot jewelers adapt to fewer visitors
...on many business sectors, but jewelry chains that rely heavily on tourists have been particularly hard-hit over the past year.With cost-conscious Americans flying less and opting to instead spend vacation time close to home, jewelers based in tourist destinations from Washington, D.C. to Hawaii have watched their sales and profits sail away. Still, jewelry chains that rely on leisure travelers hav... |
Natural History sale to highlight tourmaline
...roup of high-quality jewelry, gemstones and lapidary works of art.The highlights of the auction are more than 50 lots of tourmaline in various shades, featured as polished and unpolished minerals, unmounted stones and jewelry.Of particular interest is a multi-color suite of jewelry composed of 59 tiny, intricately hand-carved flowers by German lapidary master Manfred Wild, estimated between $28,00... |
Arkansas jeweler retiring after three decades
ted selling price, also noting that offers will be considered.According to the Web site, the store is liquidating $6 million worth of fine jewelry in its going-out-of business sale.Healey said there is no firm date set for the store's last official day."It will be when it happens," she said, "but it will certainly be before Christmas," adding that the store likely will close by the end of October.... |
Swarovski acquires all of Signity
ce and support, along with greater operational efficiency.Golay will continue to vend precision-cut gemstones to the luxury-watch industry and hand-cut gemstones to the jewelry trade. The company plans to elevate its focus on high-end cultured pearls, finished jewelry and diamonds.Swarovski is best known for the branded cut crystals that it supplies to the jewelry, fashion and lighting industries.... |
Gold-buying parties help jewelers offset slow sales
...w attendees to trade old gold jewelry for cash in a social setting.It was a sign of the times: After a sluggish holiday season, not a single jeweler paid money to run an advertisement during the Super Bowl.But gold buy-back company Cash4Gold scooped up one of the high-priced spots and ran a commercial featuring celebrity spokesmen Ed McMahon and MC Hammer, an odd couple who--flanked by gold-plated... |
NYC man uses jeweler's window for proposal
... in the window of a Manhattan jewelry store. Tom DeBourcy, 26, took Alex Routenberg, 26, on a stroll past Jeri Cohen Fine jewelry in Manhattan's upper East Side, where he had arranged for flowers and a "Will you marry me Alexandra?" sign to be displayed, according to a story that appeared in the Sunday edition of the New York Daily News. DeBourcy then slipped a 2-carat diamond ring onto his fiance... |
How can jewelers coax in more shoppers?
...rs spent three years visiting jewelry stores across the country and surveying consumers about their experiences, the conclusion was unavoidable: Americans simply don't like shopping at jewelry stores."It's kind of average out there," Diamond Promotion Service (DPS) Director Claudia Rose said about the current jewelry retail environment during her presentation titled "Winning or Losing in the Year ... |
Report: Gitanjali to scale back some U.S. stores
...itanjali Gems, an India-based jewelry manufacturer and retailer, plans to downsize and perhaps also close some of its rural U.S. locations, the Business Standard, an Indian daily business newspaper, reports. According to the report, Gitanjali, which acquired Samuels Jewelers in 2006 and Rogers Jewelers in 2007, operates a total of 130 jewelry stores in the United States. The Standard reports ... |
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