Ylang Ylang Moving to new Site in St. Louis

Ylang Ylang will be re-locating to a free-standing location in late spring 2014 after 29 years at Plaza Frontenac in St. Louis.

At the same time, owners Lois and Ray Morganstern have passed the store on to their daughter Julie Ettinger.

“Julie brings her enthusiasm, new ideas and a passion for jewelry,” say her parents. “Julie will be introducing new designers along with our exciting present designers with whom Julie has continued a long and beautiful relationship.”

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Platinum Guild USA Partners with Monique Lhuillier

Platinum Guild International USA has announced a new partnership with premier bridal, fashion and jewelry designer Monique Lhuillier to support and promote everlasting platinum jewelry.

An icon in her industry, Monique is revered internationally for her exquisite bridal and ready-to-wear collections that capture the essence of sophisticated luxury by provoking femininity, allure and glamour. She has dressed such celebrities as Halle Berry, Reese Witherspoon, Drew Barrymore and first lady Michelle Obama.

Monique’s recent foray into jewelry began with a collection of platinum engagement rings and wedding bands sold exclusively at Blue Nile, the world’s largest online jeweler, and has since expanded into a full fine jewelry line. Her platinum engagement rings nod to the individuality of the millennial bride by offering four collections appealing to different styles: Romantic, Modern, Antiquity and Tradition.

Throughout the program, Monique will speak to the exceptional qualities of platinum and why it is her metal of choice for these special pieces via both social and traditional media.

“Our partnership with Monique Lhuillier is one of our most exciting initiatives to date,” says PGI-USA’s president Huw Daniel.

“Monique made a conscious decision to have her debut bridal jewelry line available exclusively in platinum. She has a natural affinity with platinum for its premium look, feel and durability, and her presence in the bridal space naturally complements platinum's leadership role.”

"I am very excited about the PGI partnership,” says Monique. “It truly is the most natural fit as I feel strongly that every wedding ring I design is made with premium quality platinum. I encourage my brides to invest in platinum; its long-lasting, natural white beauty and durability make it the most precious of metals as well as an eternal symbol of an enduring relationship."

To learn more about Monique Lhuillier Fine Jewelry, please visit www.moniquelhuillier.com.

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CG Celebrates Wind & Fire Brand

CG Creations hosted a gala event to celebrate the first anniversary of its Eco-sustainable Wind & Fire Jewelry brand at The Rosecliff Mansion in Newport RI. Over 250 guests included 200 independent dealers, special guests and their Rhode Island-based manufacturing team.

CEO Frank Fiasconaro began his jewelry company over 35 years ago in the back of a small shop in Pearl River NY, under the name C.G. Creations.

It has grown to become a major US designer, manufacturer and wholesale distributor of fine jewelry. The Wind & Fire jewelry brand was launched in March of 2013. The personalized jewelry brand allows consumers to define and express their own personalities with hundreds of unique charms.

Wind & Fire jewelry is 100 percent made in the USA using reclaimed/recycled materials, and supports charities for children with disabilities, thus making it an eco-sustainable line.

"We have been a high-quality gold charm manufacturer for over 35 years. What makes our Wind & Fire jewelry brand different from any other charm line on the market is the fact they we use fine jewelry designs and techniques. The quality and detail is stronger and the price point is lower. We wanted to hold our first-ever gala event in Rhode Island, where our jewelry manufacturing roots are strong," said Fiasconaro.

Fiasconaro and his wife Nina also presented Meeting Street with a donation for $7,500. They also dedicated a Teacher's Charm to the organization that will receive a percentage of the charm's future sales. The couple draws inspiration for their charitable activism from their 16-year old son Nicholas with cerebral palsy.

Explained Fiasconaro, "Being so closely tied to the special needs community has provided us with many life lessons. We believe all children and adults with disabilities have something special to contribute and we want to play a part in helping them realize their value to us all."

Meeting Street (www.meetingstreet.org) is a nearly 70-year old non-profit organization in Providence RI whose mission is to compassionately and innovatively empowering children and their families to thrive by fostering the development of the whole child. Meeting Street is where infants, preschoolers and children of all ages and abilities receive individualized attention from highly trained, dedicated educators, therapists, and staff who work as a team, sharing strategies and identifying solutions to bring out the best in each and every child.

Ashley DiSimone, Manager of Special Events at Meeting Street accepted the check on behalf of Meeting Street and said, "Thank you so much to everyone at Wind & Fire. Nina and Frank are two of the most genuine and generous people that I've had the pleasure to work with. We are so grateful for your contribution.”

Wind & Fire takes a pro-active approach to supporting worthwhile causes, and top-most are those that benefit children in need. Because of that, Wind & Fire Jewelry frequently focuses on non-profit groups that help children with disabilities and benefit the communities they live through their "Charms for Charity Bangles." A portion of the proceeds from the bangles will go directly to these causes.

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The IDEX Online Polished Price Report for April 10

Round diamonds again saw high levels of activity with many increases, particularly in smaller goods, according to the weekly IDEX Online Price Report.

 

In fancy shape diamonds, there were again lower levels of activity with most being negative.

 

The following are some of the changes in this week's IDEX Online Diamond Price Report.

 

Rounds

 

  • 0.18-0.22 cts many decreases

  • 0.23-0.29 cts I-K / SI1 rises of 4-5%

  • 0.30-0.39 cts many increases in higher colors and clarities

  • 0.40-0.44 cts rises in many categories

  • 0.45-0.49 cts D-E / VS2-I1 rises of 2-3%

  • 0.50-0.69 cts many increases

  • 0.70-0.79 cts E / VVS1 +3.2% to $6,500p/c

  • 0.80-0.89 cts unchanged

  • 0.90-0.99 cts I / IF +3.2% to $6,400p/c

  • 1.00-1.24 cts many risers

  • 1.25-1.49 cts two increases

  • 2 cts several risers

  • 3 cts I-J / SI1 rises of 3%

  • 4 cts G-I / IF declines of 3%

  • 5 cts a wide range of declines

 



 

Fancy Cuts

 

  • 0.18-0.22 cts unchanged

  • 0.23-0.29 cts E / VS1 -3.3% to $1,450p/c

  • 0.30-0.39 cts E / SI2 +3.7 to $1,400p/c

  • 0.40-0.44 cts E / VVS2-VS1 rises of 2-4%

  • 0.45-0.49 cts just two changes, both upwards

  • 0.50-0.69 cts two changes, both downwards

  • 0.70-0.79 cts I / I1-I2 declines of 2-4%

  • 0.80-0.89 cts just two changes, both downwards

  • 0.90-0.99 cts unchanged

  • 1.00-1.24 cts several declines

  • 1.50-1.99 cts I / I2 +5.6 to $1,900p/c

  • 2 cts just two changes, one up and one down

  • 3 cts L-M / IF-VVS1 rises of 3-4%

  • 4 cts D / VS2-SI2 rises of 3%

  • 5 cts L / IF-SI1 + 2.9% to $6,800p/c

To receive a full free copy of the IDEX Online Diamond Price Report, please email prices@idexonline.com.

Edahn Golan is Editor-in-Chief of IDEX Online, heading an international team of writers that covers global industry related events and issues. He writes about rough and polished diamond prices, publishes industry analysis articles and a popular weekly opinion column. In recent years, Edahn has advised a number of leading diamond firms, industry bodies and governmental agencies. He writes research papers on topics ranging from provenance analysis of fancy color diamonds to diamond's contribution to local economies, often contributing or writing the diamond chapters for leading research organizations such as KPMG and Bain & Co.

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Prestige Collection Plans Overhaul of Brand Format for JCK

Prestige, a collection of 60 of the jewelry industry’s leading manufacturers and designers, has embarked on an ambitious plan to overhaul its entire brand format – from its digital presence to the famed Prestige Pavilion, which is a 15 year institution at JCK.

“We realized after 15 years with the same look it was time for more than a re-fresh – we had to radically re-do our look,” said Prestige President Steve Mazza.

“Our marketplace is changing and we wanted to reflect that. We also wanted to be more true to our high-end heritage. The look is cleaner, brighter, more luxurious and more streamlined. We’re excited to introduce it to our community next month.”

Retailer attendees to the Pavilion will see booths that are more aligned with the current retail environment. Gone are the heavy, closed booths from previous editions; they are replaced with more open, lighter fabric based booths. Showcases are now lit from within and the booth lighting has been upgraded with high intensity LED lights.

Branding elements are done in materials as diverse as brushed aluminum and wood, allowing the Pavilion to feel both modern as well as inviting and warm. Just as importantly, this new look gives retailers a truer read as to how Prestige brands present in a retail environment

Beginning shortly after JCK 2013, Prestige moved quickly to change “Prestige Promenade” to just Prestige and updated the graphic to a more contemporary font. As board member and A. Link President Doug Sills notes, “changing the font and removing the ‘swirly P’ was consistent with what we were trying to accomplish from a brand architecture standpoint – simple, clean, elegant and concise.

It also allowed us to change our website from ‘Prestige Promenade’ to a stronger action oriented statement – ‘Discover Prestige’ (www.DiscoverPrestige.com).” The refreshed website also now has a greater focus on the brands and their signature pieces.

Working closely with their long-time exhibit partner, Prestige then moved on to re-creating the pavilion experience. Key to the effort was the ability for Prestige to deliver changes to the Pavilion without charging members a special assessment. Using more current, lighter materials combined with re-thinking how the pavilion is built, shipped and stored, allowed Prestige to bring an entirely new look to membership without additional cost to them.

“As an association, our responsibility is to our members,” said Steve Mazza. “The Board is extremely pleased that we are able to provide our members with a much more exciting ‘go-to-market’ approach without having to ask them for additional funding.” Board member and President of Memoire Doug McDowell enthuses, “having seen the new booths, I can tell you that they’re beautiful – the wood grain on the showcases, the larger graphics, the upgraded lighting - all that will really help our brands have a great show!”

Prestige reworked the floor plan for better traffic flow and introduced “neighborhoods” anchored by food and beverage areas to better balance the traffic flow.

Also new this year is the introduction of the Design Studio – a suite of custom booths built for smaller, newer brands looking for an entrée into the Prestige Retailers but who may not have the inventory and resources for a full Prestige booth. This allows Prestige to expand its community as well as increase its offerings to the retailers.

And of course, Prestige continues to offer its “white glove” service to attendees, with ample amenities available in the Pavilion as well as hosting their Friday Night Party and a special Prestige cabana at this year’s Rock the Beach event.

To ensure as many retailers as possible experience this new space, Prestige worked closely with JCK show management and removed one of the walls that had previously defined the Prestige area. Through the use of carpet and graphics, the Prestige Pavilion is still clearly defined, but the overall affect will be an area that is much more approachable and accessible to the retailer community.

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