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Golden tapestry woven from spider silk goes on show
ut breaking.For years scientists have been trying to produce artificial spider silk, eyeing possible uses ranging from light-weight bullet proof vests to the next generation of space suits.However, spider silk is difficult to mimic in a lab because the gossamer begins as a liquid in the spider's silk gland and only gains its strength as a solid after a complicated course through the spider's body.... |
Special Report: The State of the Majors 2009
...nd the need for relentless 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 o... |
WGC: Drop in gold jewelry demand 'less severe'
...s severe' - WGC,Drop,gold,jewelry,demand,severe' /> Though consumer demand for gold jewelry fell during the second quarter of 2009, market signs could be pointing to stabilization in the market, perhaps leading to an uplift in sales for gold jewelry pieces like this "Sunshine Ring" by Ana Cavalheiro. Crafted in 18-karat yellow gold, the design features a 22-carat citrine. AnaCavalheiro.co... |
Report: Gold prices could hit $1,500
... current levels, investors in gold have already made a profit of approximately 7.92 percent, and that investor desire for physical gold will remain strong and will support higher prices.In India, higher gold prices might prompt a pull back in consumer jewelry demand, analysts says, but with the Hindu holy day Akshaya Tritiya right around the corner, market reports also indicate that consumers have... |
Zale 3Q same-store sales fall 20 percent
...ng, Zale President and Chief Executive Officer Neal goldberg said the company's current financial performance for the third quarter compared with the third quarter of 2008--when same-store sales increased 5.8 percent--is distorted by the fact that the company was conducting large-scale clearance sales last year in an attempt to sell off $100 million of "non-go-forward merchandise.""While highly su... |
Gold Coast Fashion Week to encapsulate lifetsyle of region
...and creativity of some of the gold coasts best up and coming designers.Hair, Make-up & Styling Interactive ShowcaseWant to know how the professionals do it? Want to learn their secrets? Well we are going to put them on stage and make them tell you all. Come and see them transform everyday people into the high fashion models you see in the magazines. With tips on how to do it, prizes and giveaw... |
Sears, Kmart get in the gold buyback game
...o begin offering a formalized gold buyback program, with the stores now offering 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... |
Chinese gold consumption to grow 17% this year: report
... consume a record 350 tons of gold this year amid surging sales of gold bullion, up 17 per cent from 2005, the official Xinhua News Agency reported Tuesday. gold output in China is likely to top 240 tons this year, with industry profits exceeding 5.5-billion yuan, or $700-million (U.S.), the report said, citing the chairman of the China gold Association, Cheng Fumin.China is the world's third-bigg... |
Freelancer pink gold date chronograph - timepiece full of style!
...llection: the freelancer pink gold date chronograph. With its refined aesthetics, blending modernity and technical know-how, the new chronograph symbolizes the Brand's spirit of elegance and distinction.A sober dial in matt black, and a case in brushed, polished 18-carat pink gold, give this new version of the freelancer a daring, original look.Along with the geometric contrast between the sharp-a... |
In a slow economy, gold jewelry losing ground
...;losing ground - economy,gold jewelry,losing,ground' /> Circle pendant necklace and ring in 18-karat yellow gold with diamonds by Yasuko Azuma for gold Expressions. (212) 594-7007 or YasukoAzuma.comKarat-gold jewelry sales do not account for the bulk of most retail jewelers' annual sales, and, in a sluggish economy in which significantly higher gold prices have climbed even further in re... |
US economy fuels gold rush
Americans strike gold by selling their jewelry at "gold parties" during deepening recession GRANBY, Connecticut (AP) -- The women gathered in the kitchen, enjoying brie and chocolate tortes as they told stories about their high school rings and pieces of jewelry given to them by ex-husbands and boyfriends. But they weren't just reminiscing for old times' sake. The guests at Cheryle Podgorski'... |
Golden Gate now has 19.9 percent stake in Zale
golden Gate Capital is now the second-largest stakeholder in Zale Corp. behind Breeden Capital Management LLC.Dallas--Private equity firm golden Gate Capital (GGC), which threw Zale Corp. a $150 million lifeline last week, has taken a 19.9 percent stake in the company. A Schedule 13D filed Thursday with the Securities and Exchange Commission (SEC) shows that golden Gate Capital now owns nearly 6.... |
Colombian bling to shine at World Cup finals
...Cup wearing a Colombian white gold ring as the most valuable player in South Africa.Although Colombia did not qualify for the finals its world famous emeralds will be on show after a local jeweler acquired the rights to make 2,010 official rings for the tournament.Rings encrusted with the green gems found in the mountains of the Andean country have been sanctioned by soccer's world governing body ... |
Quiksilver to close European refinancing by end of September
...arter ended July 31, 2009. Consolidated net revenues from continuing operations for the third quarter of fiscal 2009 decreased to $501.4 million, from $564.9 million in the third quarter of fiscal 2008. Adjusting for changes in foreign currency as compared to the U.S. dollar, this represented a decline of 5% in constant currency. Consolidated pro-forma income from continuing operations for the thi... |
Daniel's launches video gold-receiving service
... the developer of a Web-based gold-buying transaction management platform and a patent-pending video gold-receiving process, has reeled in another big customer, helping 56-store California chain Daniel's Jewelers launch an online gold-buying program. "We're rolling out the program at DanielsJewelers.com and to serve our 56 retail stores," said Daniel's Jewelers CEO David Sherwood in a press ... |
DJ AM found dead in New York apartment
...009 MusiCares Person of the Year gala in honor of Neil Diamond in Los Angeles, February 6, 2009. [Agencies]NEW YORK- DJ AM, the stage name of disc jockey Adam goldstein whose music could be heard on albums by Madonna and Will Smith, was found dead in his New York apartment on Friday, police said. He was 36.Police said no foul play was suspected in the death of goldstein, who socialized with H... |
Gold-buying parties help jewelers offset slow sales
...un a company that facilitates gold parties, like this local gathering held in March. gold parties, which some media reports have described as the recession equivalent of Tupperware parties, allow 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.... |
WGC: Investors spur gold demand in Q1
Total demand for gold in the United States was 15 percent higher in the first quarter of 2009 year-over-year, driven by retail investment demand, which rose 216 percent to 27.4 tonnes. Jewelry demand, however, fell 30 percent to 27.8 tonnes.New York--Total demand for gold in the first quarter of 2009 increased 38 percent year-over-year, with fears of future inflation and ongoing financial uncerta... |
Prices, economy, to drain gold jewelry demand
...2009 gold Survey, the average gold price increased from $871.96 per ounce in 2008 to $908.41 per ounce in the first quarter of 2009, and could increase to a new high above the $1,000 mark.London--Historically high gold prices and increased volatility in the market coupled with the economic downturn will have a dramatic impact on global gold jewelry demand in 2009, according to the latest gold Surv... |
Harrods moves into flourishing gold market
...vice to sell investment-grade gold bullion bars and coins to customers.Malcolm McLean, general manager of Harrods Bank, told Reuters on Thursday that the company saw a gap in the market for a well-known retailer to enter the increasingly high-profile gold market."We have been very conscious of the fact that there has been an ever increasing amount of interest in the gold market, and in buying inve... |
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