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EXCLUSIVE: Jewelers see uptick in sales since Black Friday
..., with diamond stud earrings, diamond pendants and Journey diamond jewelry doing particularly well.Further south, in San Antonio, Aaron Penaloza of C. Aaron Penaloza Jewelers says this weekend was better in terms of both traffic and sales compared with last weekend, with jewelry across the board selling well.From here, Penaloza only sees it getting better."It's typical low-key, it starts slow," he... |
GAO report: Conflict diamonds still entering U.S.
...ust be done to stop "conflict diamonds" from entering the United States.While noting that the legitimate trade of rough diamonds can make a major contribution to economies of producing, exporting and importing countries, the report, released Wednesday, states that rough diamonds fueled severe conflicts in countries such as Liberia, Sierra Leone, the Democratic Republic of Congo and Angola during t... |
Oprah discusses 'Blood Diamond' today
...d Djimon Hounsou had a fairly diamond-industry-positive discussion on conflict diamonds with host Oprah Winfrey.The episode, which was taped earlier, offered viewers information on the film and the issue, and gave airtime to how the diamond industry has addressed conflict diamonds. Winfrey didn't editorialize while praising the actors and the film, but she addressed her audience directly in a segm... |
WDC launches diamond Web site and ad campaign
...e informational Web site, www.diamondfacts.org and a broad-based advertising effort.The campaign includes full-page print ads in 10 major United States and international papers including the The New York Times, USA Today, the Los Angeles Times, The Times (UK) , International Herald Tribune and Financial Times. According to a media release, the ads will begin running Wednesday.The Web site will off... |
SA Gems, Global Giving launch 'socially responsible diamonds' initiative
...ects."With two of every three diamonds sold on the market today being of African origin, we believe that a vehicle to give back to African causes will find a receptive audience in our trade and amongst the diamond-jewelry-buying public," SA Gems President Chris LaTrobe said in a statement.The joint SA Gems and Global Giving project will run in stores in conjunction with the South African diamonds ... |
GIA offers preview of new synthetic-diamond reports
... glimpse of its new synthetic-diamond grading reports on Friday. The image is posted to GIA's Web site at GIA.edu.The sample "Synthetic Colored diamond Grading Report" clearly identifies the diamond as laboratory-grown (it makes reference to the diamond's man-made status four times) and doesn't use the standardized clarity or color scales present on natural-diamond reports. As previously reported,... |
J.C. Penney 'Doghouse' spot has viewers howling
...a vacuum cleaner instead of a diamond jewelry gift from J.C. Penney.Plano, Texas--Chain retailer J.C. Penney's "Beware of the Doghouse" holiday commercial has become an Internet sensation, garnering both criticism and applause from the millions who have the viewed the online jewelry ad."Beware of the Doghouse" is a four-and-a-half minute mini-movie that serves as a reminder to men of what can happ... |
Sotheby's Geneva announces 'Magnificent Jewels' sale
...n Nov. 15.The sale will offer diamonds, rare colored gemstones, period pieces from 1850 to the present, as well as signed jewelry by Cartier, Tiffany and Harry Winston.Highlights of the sale include a pear-shaped, D-color, internally flawless diamond weighing 34.21 carats, estimated at $2 million to $3 million; two cushion-shaped Burmese rubies weighing 18.28 carats and 9.24 carats, estimated at $... |
Michelle Obama brings diamond glamour to D.C.
...dy Michelle Obama sparkled in diamonds for the events surrounding the historic inauguration of her husband Barack Obama as the nation's 44th, and first African-American, president.For the inaugural balls on Tuesday night, Obama, decked out in a one-shoulder, full-length ivory gown by designer Jason Wu, accessorized with Loree Rodkin diamond linear earrings, diamond ring and diamond bangle bracelet... |
GIA to Release Book on Colored Diamonds
...articles and notes on colored diamonds originally published in Gems & Gemology, GIA's quarterly journal. Copies of the book, edited by John M. King, will be available at Symposium in the G&G booth. Attendees will also have the opportunity to discuss the book with King during the "Meet the Authors" book-signing event Sunday and Monday from 12:30 to 2 p.m. in the Elizabeth Foyer. "With this ... |
Report: Consumers uneducated on jewelry hot topics
...y—from synthetic and conflict diamonds to gem treatments—consumers are largely uninformed, according to a real-time Jewelry Consumer Opinion Council (JCOC) study conducted last month during the 4th International Gemological Symposium.The research, released Thursday, was conducted in response to trade requests and allowed analysis of consumer opinion as industry leaders met from Aug. 26-29 in San D... |
Alrosa hopes to continue sales to De Beers
...o phase out the sale of rough diamonds to De Beers, Russian producer Alrosa is now appealing the decision made by the European Commission (EC), according to published reports.Under the current agreement, De Beers will purchase $600 million in rough diamonds from Alrosa this year, $500 million in 2007 and $400 million in 2008. De Beers has vowed to stop purchasing diamonds from Alrosa by 2009.The E... |
WFDB mark unveiled in Asia
...at approved members of WFDB's diamond exchanges will be able to display to show clients and suppliers that they follow the World Federation Code of Principles. The code is a set of ethical business practices, based on resolutions passed by the WFDB in 1992, relating to the various ethical challenges that confront the diamond and jewelry trade."Through its adoption of the WFDB Mark program, the WFD... |
Samuels Jewelers in acquisition discussions
the sightholder."We believe Samuels is an ideal candidate to complement a sightholder's strengths in manufacturing of diamonds and jewelry products," Samuels Chairman David Barr said in a statement. Samuels operates 97 retail jewelry stores in 18 states under the names Samuels, Schubach and Samuels diamonds. The retailer had an estimated $100,000,000 in U.S. retail jewelry and watch sales in 2005.... |
Diamond jewelry: Consumer dynamics, survival tactics
During a seminar titled "Survive 2009/Thrive 2010," held recently at the JA New York Winter Show in New York City, diamond Promotion Service Senior Strategist Emmy Kondo shared with audience members the state of the U.S. diamond jewelry market, an assessment of the 2008 holiday season and strategies for navigating the challenging retail year ahead.For a PDF version of her presentation, click here.... |
Simmons Jewelry Co. decks SpongeBob in diamonds
This $75,000 diamond pendant is the debut piece from a new SpongeBob SquarePants jewelry collection designed by Nickelodeon and the Simmons Jewelry Co.New York--Nickelodeon's most rapt audience for its SpongeBob SquarePants cartoon might be the school-age set, but the show also counts die-hard fans well past elementary school, and the Simmons Jewelry Co. is betting on that with a new jewelry line.... |
Breuning expands silver offerings
...n the collection also feature diamond accents.Breuning is offering retailers the line, plus a complimentary display to showcase it, for under $1,000. Delivery time on re-orders is two to three weeks.The brand's silver offerings already include the "Silver and diamonds Collections I and II," plus the "Branded Silver Collection." Sterling silver was a hot topic over the holiday season and at the JA ... |
DTC talks consumer confidence, global marketing at road show
... about issues that impact the diamond industry.DTC representatives were invited to speak by Israel diamond Exchange President Avi Paz and former World Federation of diamond Bourses President Shmuel Schnitzer. Last year, the DTC addressed diamantaires here as well as in Mumbai and Antwerp."In the 21st century, information is the most important business asset," said Paz at the event. "What we hear t... |
Aber Acquires 100% of Harry Winston
...engthens Aber's position as a diamond company in mining and retailing. "The past two and half years have demonstrated the tangible benefits of linking the marketing of rough diamonds to a high-end diamond retailer in the form of improved margins at both ends of the business," says Robert Gannicott, chairman and CEO of Aber. "This acquisition solidifies our position as the world's premier publicly ... |
Helzberg's 'Sparkle' sale to benefit children's charities
...nated to Jewelers for Children, which supports four child-focused charities: the National CASA (Court Appointed Special Advocate) Association, the Make-A-Wish Foundation of America, St. Jude Children's Research Hospital and The Elizabeth Glacier Pediatric AIDS Foundation.Last year, Helzberg diamonds contributed a total of $137,000 to Jewelers for Children. Recently, Jewelers for Children named Hel... |
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