If the U.S. jewelry industry loses a net of 750 businesses this year, it would be at the high end of the typical range of the annual net shrinkage of specialty jewelry businesses. But this year’s projected net shrinkage of jewelry industry retail capacity would not be a record loss, industry analyst Ken Gassman says.

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Morrisville, N.C.–The board of directors for Charles and Colvard Ltd. have appointed board chairman George R. Cattermole to the position of interim chief executive officer, a recent filing with the Securities and Exchange Commission (SEC) shows.

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The interim report on Zimbabwe’s diamond trade by the Kimberly Process Certification Scheme (KPCS) review team, which is investigating human rights abuses in the country’s diamond fields, has recommended a six-month suspension from the scheme, according to local media reports.

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The interim report on Zimbabwe’s diamond trade by the Kimberly Process Certification Scheme (KPCS) review team, which is investigating human rights abuses in the country’s diamond fields, has recommended a six-month suspension from the scheme, according to local media reports.

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Television personality and entrepreneur Suzanne Somers has found a new home at ShopNBC, the multichannel electronic retailer has announced.

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Stefanie Schaeffer, winner of the 2007 edition of Donald Trump’s The Apprentice, can now add the title of jewelry designer to her ever-expanding resume.

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New York–Platinum Guild International USA (PGI) has announced its continued sponsorship of the American Gem Trade Association’s (AGTA) Spectrum Awards competition.

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New York–Michael C. Fina will host its first-ever designer engagement ring and wedding band sample sale next week, the Manhattan retailer just announced.

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Valenza, Italy–Italian jewelry brand Pasquale Bruni SpA suffered a loss earlier this week when Managing Director Alessandro Bruni, son of designer and company president Pasquale Bruni, passed away after a serious car accident.

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President Barack Obama has renewed sanctions aimed at the military junta that rules Myanmar, continuing the ongoing ban on the importation of jade and rubies into the United States.

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