Archive for Jewelry
Diamond Engagement Ring Prices
A recent article by Idex Online highlights some important facts relating to the current prices and sizes of diamond engagement rings. 98% of diamonds in the United States are sold set in jewelry, while only 2% are sold as loose diamonds. approximately 48 million diamond pieces are sold per annum. A upper-end jeweler (Guild jeweler) [...]
Jewelry and Watch Sales of LVMH Down
The Paris based luxury giant LVMH (Moët Hennessy Louis Vuitton) reported a fall of 13% in their watch and jewelry sales in 2009. Watches and jewelry sales were down to 764 million euros (Approximately $ 1.04 billion) from 879 million euros (approximately $1.2 billion) in 2008. However the company noted that there was some improvement [...]
J. C. Penny To Unveil Cindy Crawford Jewelry Line
Supermodel Cindy Crawford J. C. Penny Company inc. has announced that the well known supermodel Cindy Crawford is to launch a new fine jewelry brand exclusively with J. C. Penny. The One Kiss collection by Cindy Crawford will launch 45 pieces of rings, bracelets, earrings and necklaces. The pieces which will be made from sterling [...]
Jewelry Store Worker Killed In New York City Robbery
A jewelry store worker was shot dead on Wednesday in a daylight robbery in New York City. The jewelry store named R. S. Durant is situated in the posh Madison Avenue. At the time of the robbery two people were working at the store, when a cool and calm well dressed middle aged man came [...]
Zale To Sell Jewelry Stocks For Cash
Zale Corp is asking its suppliers to purchase some of its jewelry in its inventory for cash. In exchange for the purchase the company is providing a pledge of future orders. However several retailers and merchants have already signaled their reluctance to agree to the proposal. According to the Wall Street Journal, Zale’s Chief Merchandising [...]
Valentine Day Jewelry Sales To Drop?
According to Rapaport Diamond News, jewelry sales for valentine’s day is expected to drop by 4.6% when compared with the valentine’s day sales in 2009. This is according to data by the IBISWorld. Jewelry sales this valentine is expected to be around US$ 1.3 billion, while total valentine day spending is expected to be about [...]
Upcoming China International Gold, Jewelery and Gem Fair, Shenzhen
The China International Gold, Jewellery and Gem Fair, Shenzhen 2010 is expected to take place from the 9th to 12th of March 2010. A “Sri Lanka Pavilion” is to be organized at the Shenzhen fair by the National Gem and Jewellery Authority (NGJA) with the assistance of the Sri Lankan Embassy in China. The NGJA [...]
MOU between the Indian and Israeli Jewelry Industry
The Israeli Diamond Institute Group of Companies (IDI) has signed a Memorandum of Understanding (MOU) on Monday the 4th of January 2010 with the All India Gems and Jewellery Trade Federation (GJF). The MOU is expected to establish cooperation between the two industries. In late November a similar MOU was signed between the IDI and [...]
Megg Galligan- Boston Jewelry Designer at Google
Megg Galligan, 25 is a jewelry designer from Boston as well as a Google employee. How did that combination come about? She was hired two years ago by Google to spend her weekdays helping the Boston area advertising firms to place advertistments for their clients on Google. She spent her weekends and nights making jewellery. [...]
Highlights of the Jewels 2009 Exhibition Sri lanka
Jewels 2009 the annual exhibition organized by the Gemologists Association of Sri Lanka (GASL) was held on the 12th and 13th of December 2009. The venue of the exhibition was the BMICH Committee Lounge. The GASL is said to be the only professional organization in the gem trade. The aim of the exhibition is to [...]