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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 ... |
Surat, new jewelry hub in the making!
...vernment is also investing in jewelry special economic zones. There is nothing to stop us from upgrading ourselves from being a mere diamond polishing hub to becoming the world's pivotal jewelry-biz centre. The demand for diamond can go down but not for jewelry. I want to see jewelries from Gujarat increase it's volume of exports 40 percent by 2010,"The Minister emphasized on value addition, indus... |
Study: 17% see '09 as good time to buy jewelry
... don't know).When it comes to jewelry-buying habits, shoppers remain somewhat ambivalent about buying jewelry.About 47 percent of those surveyed said it's neither a good nor a bad time to buy jewelry, and about 44 percent said it would be neither a good nor a bad time to buy jewelry over the next 12 months.About 12 percent of consumers said they think now is a good time to buy jewelry, while 35 pe... |
America's Best Jewelers finalizes panelists
...unction with the Couture 2010 jewelry show.New York--The Nielsen jewelry Group has revealed the names of all of the panelists who will take part in the America's Best Jewelers breakfast education series taking place during the upcoming Couture show in Las Vegas.Developed as part of National Jeweler's America's Best Jewelers (ABJ) benchmarking program and presented by Stuller, the peer-to-peer educ... |
Walmart to test jewelry, other goods for cadmium
... use of cadmium in children's jewelry made in China, Walmart said it is making sure that all children's costume jewelry, children's jewelry craft-making kits, toys and other child care articles are tested before they land on shelves. The crackdown was spurred by an Associated Press (AP) investigative report released in January, which revealed that lab tests conducted on 103 pieces of low-priced ch... |
American Elements creates first iridium jewelry
... production of the first-ever jewelry made from pure iridium metal.A rare precious metal with a luxurious patina, iridium has an extremely high melting temperature--more than 2,000 degrees above that of gold.American Elements' technology capabilities, which it uses to design parts for the NASA space program, allowed the company to work with jewelers in New York and Los Angeles to create the first ... |
Li-Lo almost puts me off leopard print
... trend sunnies. We're all for making the most of your curves here at The Sun, but seriously Jade, you're putting us off our kebabs. July 3rd 2008It can't be easy to create a glamorous image for a sanitary product. But last night's Always campaign launch was a lesson in how NOT to do it. The invite was secretive - bring a friend for a night of girlie pampering - with no mention of the product. Luc... |
Emmy Award actresses mad about drop earrings
...er-the-top, much-buzzed-about jewelry wardrobing seemed to have little influence on the styling choices of modern-day television actresses.While characters on the 1960s drama flit about in matched earrings and necklace sets, a vast majority of the nominated or presenting attendees at last night's awards show followed a more subtle style dictum: wear diamond drop earrings and pair them with bracele... |
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... |
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... |
Chinese diamond demand puts gleam back into gem trade
...ad of TTF studio which crafts jewelry for top global and Chinese brands.Rows of Chinese artisans, hunched beside green lamps, peer into microscopes and set glittering gems onto rings and pendants at Wu's diamond workshops in southern China."We're still unable to fulfill our orders. Our manufacturing lines are working overtime," he said, adding that he plans to nearly double his workforce next year... |
Study: Consumers still prefer brick-and-mortar jewelry stores
...t necessarily those involving jewelry. According to a new study from the jewelry Consumer Opinion Council (JCOC), 91 percent of JCOC members make purchases online, yet only 34 percent have purchased jewelry online.Of those who have never made an online purchase, 60 percent say they would consider buying something in cyberspace. The top three reasons for not making a purchase on the Web were: prefe... |
Recent online spending strong, but down for season
Online sales of jewelry, watches down 17 percent For the first 49 days of the 2008 November-December holiday season, online spending decreased 1 percent to $24.03 billion; however, online sales for the period from Dec. 1 (Cyber Monday) to Dec. 19, increased 1 percent to $12.85 billion.Reston, Va.--The most recent week of the holiday season saw several strong online spending days, but for the seaso... |
Study: Today's Internet jewelry consumer
...our faces of today's Internet jewelry consumer, as well as the opportunities jewelry retailers, brands and e-commerce Web sites have with each of these consumer types.The Anti-Internet Shopper: These consumers are those aged 55 or older who never learned how to use a computer and still don't see the need or benefit of using one.They know their favorite jeweler has a Web site, but they would never ... |
Ultra Stores files Chapter 11
...s Ultra Diamonds and the fine-jewelry departments in several off-price department stores, filed for Chapter 11 bankruptcy protection on Thursday.According to documents filed in U.S. Bankruptcy Court for the Southern District of New York in Manhattan, Ultra's board of directors held a special meeting on March 25 during which board members discussed outstanding debt positions with Bank of America, C... |
A 2009 prediction: Designers will drive palladium
...er of time: Palladium fashion jewelry will be the next designer darling. Tenthio Fine jewelry's "Flutura Pendant" in palladium with pink tourmaline and diamonds on an 18-inch cable chain; suggested retail price is $550. (212) 937-5290 or Tenthio.comDespite reluctance from jewelers who fear consumers are too unfamiliar with the 95 percent pure metal, the consensus (even from retailers) is that thro... |
Richemont sales up 2 percent in last '09 quarter
...uarter of 2009, with both its jewelry and watch divisions enjoying increased demand and a modest rise in sales as the year swung to a close. "The improvement in trading is welcome in the context of a generally difficult economic environment, although the figures should be viewed against the weak comparative figures of the same period in 2008," Richemont said in a release announcing its financial r... |
Rio Tinto debuts 'silver' diamonds
...reate more affordable diamond jewelry pieces.At a Rio Tinto press event held earlier this week in New York City, Rio Tinto showed a pair of earrings crafted with the new silver diamonds and traditional colorless diamonds, a marriage that creates a vintage look with a softer contrast than that created by black and white diamonds.Rebecca Foerster, U.S. vice president of Rio Tinto Diamonds, said that... |
Special Report: The State of the Majors 2009
...tless consolidation.For large jewelry retailers with numerous stores spread out across the country, the effects of the recession are multiplied.With less discretionary income, U.S. consumers are more focused than ever on price and are less loyal to stores and brands. Meanwhile, a tight financial market has made it difficult for even willing-to-buy, middle-income customers to obtain the necessary c... |
The jewelry industry goes green
... Pomeroy, who has been in the jewelry business since the late '60s.But today, the marketplace for earth-friendly, "green" materials has burst wide open.One of the jewelry industry's biggest refiners, Hoover and Strong, now works only in 100-percent recycled precious metals through its Harmony Metals and Gems program. And the term "conflict-free diamonds" has become nearly as familiar to customers ... |
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