Archive for August, 2009
Bulgari closes three stores, looks to new markets
New York–Bulgari has shuttered three U.S. stores, including a prime location on Madison Avenue in Manhattan, but it is opening another three locations in the United States by the end of the year, a Bulgari spokesperson has confirmed.
Drop earrings win big at Daytime Emmys
Los Angeles–While fashion designers showing their Fall 2009 apparel collections on runways this year tended to focus their jewelry wardrobing on the necks and wrists, stars on the red carpet at the 36th annual Daytime Emmy Awards showed ears the love, favoring drop and hoop styles as the accessories of the night.
Grandson buys Providence Watch Hospital name
Cranston, R.I.–Rhode Island Superior Court has approved the sale of two-store chain Providence Watch Hospital to the grandson of the company’s founder, National Jeweler has learned.
Sielaff talks jewelry in Fox Business segment
New York–With Tiffany and Co. just reporting its latest financials, and with Zale Corp. poised to do so on Wednesday, a Fox Business news segment this morning focused on the two as “business rivals” for consumer dollars in what has unquestionably been a tough year for jewelry.
How are your pearl sales? Take our survey
New York–While pearl jewelry styles have certainly changed in recent years, thanks to the rise of freshwater pearls in various pastel hues and a craving for unusual baroque pearls, the category remains a classic.
Collectors Universe to sell Gemprint
Newport Beach, Calif.–Collectors Universe recently announced that it is discontinuing further development of Gemprint technology, a process that optically fingerprints diamonds in order to make them easier to trace, and that it is putting the technology up for sale.
Collectors Universe to sell Gemprint
Newport Beach, Calif.–Collectors Universe recently announced that it is discontinuing further development of Gemprint technology, a process that optically fingerprints diamonds in order to make them easier to trace, and that it is putting the technology up for sale.
Tiffany’s 2Q sales down 16 percent
New York–Sales were down 16 percent in the second quarter 2009 for Tiffany and Co., according to a financial report released Friday by the New York-based jewelry retailer.
July watch data shows downward momentum
Randolph, N.J.–Watch sales for July 2009 saw an overall decline from the same month the previous year, according to new data from LGI Network.
Stuller to release four new catalogs
Lafayette, La.–Stuller, Inc. is on the verge of releasing four new catalogs just in time for retailers to fill in holes in their inventory and stock up on findings and loose stones before the start of the holiday season.
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