Peter Smith Named President of Vibhor Gems

Former Hearts on Fire executive Peter Smith moves to Vibhor Gems.
Industry veteran Peter Smith has been named President of Vibhor Gems. The former Hearts On Fire executive will join the New York based jewelry manufacturer in time for market week in Las Vegas. Vibhor was founded in 2000 and has emerged as an industry leader in machine-made bands and fine jewelry.

Vibhor Gems is a manufacturer of precision-made diamond-bands and fine jewelry based in New York City. Founded in 2000 by Manish and Neelu Dhadda, the company specializes in high-quality private label diamond jewelry. All Vibhor products are manufactured in the US and distributed through a network of independent specialty retailers.

Add a comment


Persona Will Launch Peanuts Collaboration at JCK Las Vegas

(Press Release) The Persona brand will present its exclusive new collection, “Peanuts by Persona,” at JCK Las Vegas.

The collection is comprised of 18 sterling silver beads and charms featuring the iconic Peanuts characters.

Available in stores late August, the launch will be followed by a holiday collection to be released online and in-stores in November.

Also featured, is a sterling silver Persona bracelet with the Peanuts by Persona logo on its signature barrel lock and the collection comes with Peanuts-branded packaging to commemorate these unique keepsakes.

“The iconic Peanuts brand aligns perfectly with the family values we represent here at Persona. We are excited to offer consumers the opportunity to treasure pieces from this collection and take a trip down memory lane”, says Neil Travis, President of First Jewelry Limited, the exclusive distributor of Persona.

All beads and charms in the “Peanuts by Persona” collection are hand-crafted of sterling silver, and feature Austrian crystal, hand-painted enamel and Italian glass.

This collection will be available at www.personaworld.com and at select Persona retailers across North America.

Add a comment

Jewelers Mutual Adds to Agent Hall of Fame

(Press Release) Roy Johnson of CAI Insurance Agency, Inc., Renee Merhige of MJM Global Insurance Brokerage Group, Inc., and Len Zwas of The Insurance Marketplace have been inducted into Jewelers Mutual's Agent Hall of Fame. The individuals were recognized at the company's National Sales Conference last week in Neenah, WI.

"Jewelers Mutual agents are the leading jewelers block insurance experts, and this year's Hall of Fame inductees are some of our most experienced agents," said Scott Murphy, president and CEO of Jewelers Mutual. "Roy, Renee and Len are all valued partners, proving to be experienced, knowledgeable, passionate and loyal. They should be proud of their success with Jewelers Mutual."

Members of the Agent Hall of Fame are recognized for their commitment to excellence in serving the jewelry industry and Jewelers Mutual's policyholders. They are regarded by the company as trusted advisors, demonstrating outstanding expertise in the areas of underwriting and loss prevention.

Many have also served as mentors to fellow agents.

Last year, Bob Carroll, Rick Franchi, Kent McClenahan, Karen Signorino and Rhea Van Hook were the first inductees to Jewelers Mutual Agent Hall of Fame.

Add a comment

Karen Signorino Honored with Legacy Award

(Press Release) For more than 30 years, Karen Signorino of JM Insurance Services has represented Jewelers Mutual Insurance Company as a licensed agent with extensive experience in jewelers block coverage, and she has been recognized for her outstanding achievements as the 2015 recipient of the company's Legacy Award.

The Legacy Award was presented before an audience of her agent peers by Patrick Drummond, chief sales officer, at Jewelers Mutual's National Sales Conference last week.

"When I was introduced to Karen Signorino, I was struck by her passion for the jewelry industry and her history of success with Jewelers Mutual," said Scott Murphy, president and CEO of Jewelers Mutual. "Karen is an absolute expert on all aspects of jewelry insurance, and she stands out among our team as one of the most committed, most loyal, and most talented agents."

Following the awards ceremony, Signorino said, "I am both humbled and honored by this Legacy Award. I have been truly blessed over the years with the opportunity Jewelers Mutual gives me to serve the jewelry industry. When I started in the jewelry insurance field over 30 years ago, I had no way of knowing that I would meet so many wonderful people and build such long lasting relationships with my clients and colleagues."

Signorino began her career representing jewelers working for a small independent agency, McNary and McNary. In 1984, George McNary sold his agency to Marsh & McLennan, Inc., and she continued her career serving the jewelry industry, while employed by Marsh.

In 2000, Jewelers Mutual Insurance Company purchased Karen's book of business which helped launch Jewelers Mutual's subsidiary, JM Insurance Services, LLC. With Signorino's sales leadership, the agency has expanded beyond California to serve jewelers in seven additional states including Arizona, Idaho, New Mexico, Washington, Alaska, Minnesota and Wisconsin.

As her career progressed, she achieved many professional designations including Chartered Property Casualty Underwriter, Certified Insurance Counselor and Certified Risk Manager.

Karen Signorino is a devoted member of numerous industry organizations and serves on the Board of Directors of The Jewelers 24 Karat Club of Southern California and has been a prior board member of the California Jewelers Association. In 2014, she was recognized by 24 Karat with the Excellence in Service Award. She is also a member of the Women's Jewelry Association, Northern California Chapter. In addition, she supports numerous charities and community service organizations.

Signorino has been married to her husband, John, for 44 years. They have two grown children, Nicole and Daniel, and two granddaughters, Lilyann and Annalee.

Add a comment

JewelPop Names Brenda Wilson President

(Press Release) JewelPop has named Brenda Wilson as president, effective May 4, 2015.

Wilson comes to JewelPop from a 25-year career in retail marketing and product development with such companies as Avon, Laura Canada, Birks & Mayors and others.

“I am excited to be joining the JewelPop team and the Lynx family of companies,” she said. “I look forward to strengthening the company's market position by creating strategic clarity and driving innovation and sales growth.”

Wilson was most recently Vice President, Product Development and Marketing for Northern International Inc.

She will be relocating to Halifax from Montreal to assume her new responsibilities.

She will be taking over the President’s role from Bob Smith, who founded JewelPop in 2007 and built it to its current position.

JewelPop is a wholly owned subsidiary of Lynx Equity Limited, which acquired it in 2013.

For more information, see www.jewelpop.com.

Add a comment

JA Adds GEM Award for Watch Design

(Press Release) Jewelers of America has added a GEM Award for Watch Design to the 14th Annual GEM Awards gala taking place on January 8, 2016, at Cipriani 42nd Street in New York.

The GEM Award for Watch Design will honor either a well-established or emerging brand who has an extraordinary design aesthetic and/or has made significant technological advancements in the field of watches.

The GEM Awards Committee is now seeking suggestions for potential 2016 GEM Awards nominees in the categories of Watch Design, Jewelry Design, Lifetime Achievement, Marketing & Communications and Media Excellence. Companies and individuals can submit themselves or others for consideration through June 30, 2015, at www.jewelers.org/gemawards.

The GEM Awards Committee will review the submissions to determine the individuals who will be celebrated as 2016 GEM Award Nominees in each category; a panel of industry experts and influencers will vote to determine the winner.

An independent auditing firm tallies the votes to keep winners confidential until a live reveal during the ceremony on January 8, 2016. There are three nominees per category, with the exception of Lifetime Achievement which is presented to a single honoree announced prior to the event.

“GEM Awards has always been anchored by the support of watch brands and it felt like the perfect time to add the GEM Award for Watch Design,” says Elite Traveler Publisher and GEM Awards Chair Norman Miller. “We expect to be blown away by the quality and talent of the submissions for Jewelry Design, Lifetime Achievement, Marketing & Communications, Media Excellence and Watch Design.”

The 2016 GEM Awards Committee is made up of: Norman Miller, Elite Traveler, Chair; Hyla Bauer, Watch Journal; David Bonaparte, Jewelers of America; David Bouffard, Signet Jewelers; Rachel Branch, Past Chair; Caryl Capeci, Hearts on Fire; Gannon Brousseau, Couture; James D’Adamo, Hearst Magazines; Marion Fasel, The Adventurine; Carson Glover, Tiffany & Co.; Jenny Luker, Platinum Guild International; Giovanni Mattera, de Grisogono; Russell Pagliughi, Swarovski; Nancy Robey, The Nancy Robey Partnership; Kara Ross, Kara Ross NY; Doug Sills, A Link; Olivier Stip, CHANEL; Ray Stuart, Bed Bath & Beyond; and Deborah Tauber, The Tauber Marketing Group.

Add a comment

Designer Vanna K Joins GemFind’s Social Product Network JewelCloud

Vanna K makes products accessible to retailers in GemFind’s responsive JewelCloud® tool. (Press Release) — Newport Beach, CA, May 20, 2015 Jewelry designer Vanna K, known for their unique micro pave setting diamond engagement rings, is the latest vendor to add their collections and products to GemFind’s fast-growing social product network, JewelCloud®. Now, Vanna K can better reach their retailers and feed products straight to retail websites and retailers can provide a full, current inventory to customers. In the JewelCloud®, Vanna K can also connect with new retail leads.

Vanna K's unique engagement rings, men's contemporary wedding bands, and fine diamond jewelry join more than 100,000 products from hundreds of the most trusted vendors in the industry including Tacori, Hearts on Fire, Simon G, Martin Flyer and many other fine brands. GemFind is proud to include Vanna K’s unforgettable collection of fine jewelry.

JewelCloud® is part of an innovative lineup of tools including Diamond Link®, Ring Builder®, Stud Builder®, Pendant Builder® and Retail Locator.

Visitgemfind.com for more information on JewelCloud® and vannak.com for more information about Vanna K.

About GemFind: For more than 15 years, GemFind has successfully united the jewelry industry as the leading comprehensive technology solution provider in the digital marketing age. From complete e-commerce and custom-designed websites to POS integration, digital marketing and responsive online marketing tools, GemFind offers complete solutions for jewelry manufacturers, diamond dealers, designers, and retailers. Add a comment


MJSA Announces Winners of the 2015 Vision Awards Competition

(Press Release) MJSA has announced the winners of its 2015 Vision Awards Competition.

All of the winning entries will be featured in the August issue of MJSA Journal, as well as in ads in Instore and Metalsmith magazines, the 2015 media sponsors.

The winners will also be displayed at the 2016 MJSA Expo, which will take place March 13-15 at the Jacob K. Javits Convention Center in New York City. For more information, go to MJSA.org or call 1-800-444-MJSA (6572).

Professional Division (4+ Years in Business)

First Place: Adam Neeley, Adam Neely Fine Art Jewelry, Laguna Beach, California, for his Oceana pendant. The pendant features a 32.86 carat aquamarine (cut by Stephen Avery) and "Spectra" gold that transforms seamlessly through seven shades, from yellow to white. Neeley was awarded a $500 gift certificate from industry supplier Rio Grande, Albuquerque, New Mexico.

Second Place: Annie Koenig, Annie K Jewelry in Louisville, Kentucky, for her Diamond Wave earrings, which feature curved strips of 14k yellow and white gold that naturally rotate as they are worn. Koenig received a full library of MJSA Press publications.

Professional Division (1-3 Years in Business)

First Place: Baiyang Qiu, BQ Jewelry, Milpitas, California, for a pair of hand-fabricated earrings featuring 4 mm rubies bezel-set in 18k yellow wire constructions. Qiu received a $500 gift certificate from Rio Grande, Albuquerque, New Mexico.

Second Place: Hisano Shepherd, little h, Los Angeles, for earrings made from a freshwater soufflé pearl cut in half and affixed with yellow and pink sapphires. Shepherd received a full library of MJSA Press publications.

Laser Distinction

(Sponsored by LaserStar Technologies)

Adam Neeley, Adam Neely Fine Art Jewelry, Laguna Beach, California, for his Oceana pendant. The laser, Neeley said, proved "absolutely necessary" in protecting the gold's hardness and finish. Neeley received a $750 cash award courtesy of LaserStar Technologies, Riverside, Rhode Island.

CAD/CAM Distinction

(Sponsored by EnvisionTEC)

Annie Koenig, Annie K Jewelry in Louisville, Kentucky, for her Diamond Wave earrings. CAD/CAM proved a definite advantage with this project: Among other benefits, it allowed the designer to create the earrings' latticework as a repeatable design, and to grow "test models" so she could better position registration pegs and align the curved pieces. Koenig received a $750 cash award courtesy of EnvisionTEC, Dearborn, Michigan.

Custom Design Distinction

(Sponsored by Century Casting Co. Inc.)

Krista Robertson, Green Lake Jewelry Works, Seattle, for a 950 platinum engagement ring that tastefully features an 18k cast grasshopper — one of the family symbols that the client asked to have incorporated into the ring. The sponsor, Century Casting Co. Inc. in New York City, provided Robertson with a $750 cash award and also waived labor and mold fees for up to five platinum or gold castings.

Digital Marketing Distinction

(Sponsored by StrategyWerx)

Llyn Strong, Llyn Strong Fine Art Jewelry, Greenville, South Carolina, for a program that effectively engages customers with new designs and allows them to share images. Grounded by a strong website that explains the custom design process and emphasizes Strong's community events, the company's digital reach is expanded through a monthly e-newsletter, a blog, and presences on YouTube, Facebook, Instagram, and Pinterest. Strong will receive up to $1,000 in free consulting from the sponsor, StrategyWerx.

"Future of the Industry" Student Awards

(Sponsored by the MJSA Education Foundation)

First Place: Diana Telesheva, Moscow State University of Design & Technology, Moscow, Russia, for her Butterflies ring, which uses the plique-a-jour enameling technique to replicate a butterfly's translucent wings. Telesheva will receive a $500 gift certificate from Rio Grande as well as a $1,000 scholarship from the MJSA Education Foundation for any jewelry-related degree program at a U.S. college, university, or technical school.

Second Place: Eunhwa Son, University of Kansas, Belton, Missouri, for two neckpieces, Endless Growth (above left, which features laser-cut acrylic remnants that were electroformed and silver plated) and Illusions (above right, primarily made of black and white paper). Son will receive a $500 scholarship from the MJSA Education Foundation for any jewelry-related degree program at a U.S. college, university, or technical school.

The design judges for the competition were Michael Coan, Fashion Institute of Technology; Jason Dow, Jason Dow Jewelry; Cindy Edelstein, the Jeweler's Resource Bureau; Lee Krombholz, Krombholz Jewelers/Just Like You Designs; Joel McFadden, Joel McFadden Designs; and Eva Martin, Eva Martin Jewelry. Eugene Brill of Jewelry.com and Andrea Hill of StrategyWerx judged the Digital Marketing Distinction entries.

Add a comment

Endless Jewelry Launches New Collections and Designs

(Press Release) Having already opened 3,600 doors in 21 markets, Endless Jewelry is now introducing new jewelry categories.

The new Endless Necklace Collection includes eight smooth and metallic leather cord designs—four in the Endless Collection and four in the Jennifer Lopez Collection by Endless Jewelry.

“The concept is for women to incorporate the collection of bracelet charms they already own effortlessly into these new necklaces,” continues Nielsen.

The necklaces come in one adjustable length that the wearer can change by the way it is tied, offering even more unique and customizable ways to wear her jewelry.

MSRP is $50 for the Endless Collection Necklace and $60 for the Jennifer Lopez Collection By Endless Jewelry Necklace.

In addition to new necklaces, Endless Jewelry is debuting a new leather bracelet: The Triple Wrap in five styles—three in the Endless Collection in smooth Black, Blue and Nude lambskin leather, and two in the Jennifer Lopez Collection by Endless Jewelry fabricated in Golden Sparkle and Silver Sparkle metallic leather.

The bracelet features a design of three thin leather cords delicately wrapped and with an overall slimmer silhouette. Every one of the 550 plus Endless Collection interchangeable decorative charms fit effortlessly on this wrap style.

Endless has also created an array of new charm collections including The Zodiac and The Holiday Collections. The Zodiac Collection includes a contemporary and unique charm for each of the 12 Zodiac signs. Available in both .925 Sterling Silver and 18k Yellow Gold plating, the charms will MSRP from $50 to $75.

The Holiday Collection of charms includes 20 giftable and collectible holiday season motifs perfect for Christmas and Valentine’s Day.

From winter snowflakes, holiday ornaments and snowmen to Valentine’s Day appropriate hearts and cupids. 10 charms in .925 Sterling Silver and 10 charms in 18k Yellow Gold plating. The Holiday Collection charms have an MSRP of $50-90.

For further information on Endless Jewelry or any of their product collections please email info@endlessjewelry.us, or visit the website at www.endlessjewelry.us.

Add a comment

TW Steel Names Herschel Hiat Executive Vice President North America

(Press Release) TW Steel heads into its first-ever appearance at JCK Las Vegas bolstered by key hires to TW Steel USA Inc.

Herschel Hiat has been named to the new role of Executive Vice President North America. Prior to joining TW Steel USA Inc. Hiat was Senior Vice President of Sales for Mzberger Watch Company and before this he was Executive Vice President, National Accounts, for Bulova Watch Company.

Hiat’s employment will see him report directly to TW Steel CEO and co-founder Jordy Cobelens, while he heads up a sales team currently consisting of five industry veterans, two of whom are brand new appointments also.

Chuck Goedtke and Marie Rice have been added to the brand’s sales force, managing the South East and Western regions respectively.

Goedtke is a former Bulova representative, having started there as a store manager and rising all the way to Regional Vice President.

Rice similarly enjoys an exemplary record in sales and in luxury jewelry from her base in Los Angeles.

Their expertise and local regional knowledge adds to an already solid TW Steel USA Inc. sales team, which includes Heidi Edmunds (North Eastern Region and National Accounts), Jerry Youkelson (Mid-Western Region) and Fernando Hernandez (South West Region).

“I’d officially like to welcome Herschel to TW Steel USA Inc.” stated Jordy Cobelens, TW Steel CEO and co-founder. “We’re delighted to have him as part of our team and leading up our American operations. He brings a wealth of knowledge to our brand and I’m excited to see his leadership grow TW Steel across the United States.

“At the same time we’re excited to add Chuck and Marie to the sales team. They enjoy great reputations and have the enthusiasm and motivation to really drive our business forward in their markets. Combined with our existing personnel, I’m confident we have the best individuals in place to build our network in America and ensure TW Steel continues its reputation for making big, bold statements in the industry.”

See more at www.twsteel.com.

Add a comment

De Beers and International Lab Experts to Speak at Conference in Greece

(Press Release) Dr. Brad Cann from De Beers Research will present a paper on “Fluorescence imaging of CVD Synthetic samples and Natural Diamonds” at the 2015 Mediterranean Gemmological and Jewellery Conference in Greece on June 27.

Other topics at the First Mediterranean Conference in Athens on June 27 and 28 include:

Production, gemmological characteristics and value of Argyle Coloured Diamonds; how to distinguish them from non-Argyle pink diamonds and synthetic pinks

Testing and identification of Melee Synthetic Diamonds and Pearls.

Update on the production of Synthetic HPHT and CVD Diamonds and how to identify and evaluate them using standard and advanced instruments.

Examination of the characteristics of Mozambique Rubies compared with Burma’s rubies, and discussion on the impact the term “Pigeon’s Blood” has on the value of high quality rubies.

Speakers: Dr. Thomas Hainschwang (Lichtenstein), Francesca Peretti (Switzerland), Branko Deljanin(Canada), Wolf Kuehn (Canada), Dr. Joe C.C. Yuan (Taiwan), Dr. Brad Cann (UK), John Chapman (Australia) and Gail Brett Levine (USA).

Practical One-Day Workshop organized by CGL-GRS on the use of a standard instruments and advanced instruments in detecting 50 natural, HPHT-grown, CVD-grown and treated diamonds.

“Trip to Mogok” (GRS documentary on gem mining in Mogok and gem market)

Round Table on Synthetic Diamonds, “Update on Breakthrough in Production and Identification Techniques,” with top experts in production and identification synthetic diamonds answering questions from participants.

Participants have been confirmed from Austria, Algeria, Canada, Greece, Italy, Russia, Spain, Turkey, United Kingdom, USA and Turkey.

All 2015 Greece conference participants are invited to submit digital posters (gemmology/jewellery/education/retail related) for the "Poster Competition."

Diamond sponsor of conference is OGI (Israel), Platinum sponsor is CERTILINE (Italy) and Gold sponsor is HRA (Canada).

More on speakers and registration at www.gemconference.com.

Add a comment

Scott Kay Names Michael Benaventa as President

(Press Release) Long-time industry executive Michael Benavente has been named the President of Scott Kay.

Benavente brings his more than 25 years of experience in sales, marketing, distribution and luxury brand management to lead the organization.

“Michael has proven success and a solid background in building strong luxury brands, expanding profitable distribution and assembling inter-disciplinary teams,” says Jonathan Goldman, Frederick Goldman, Inc., Chairman and CEO. “His dedication to cultivating growth and trust at the retail level make him an ideal leader to evolve the Scott Kay brand.”

Most recently, Benavente, held the position of Managing Director, Americas Region at Gucci Group Watches & Jewelry. There, he launched the Gucci jewelry category in the wholesale channel in the region, and successfully lead the team to improve quality of accounts and average sales per POS in the timepiece category.

Earlier in his career as USA President, Benavente re-launched the Longines Watch brand in the USA and brought the ESQ Watch division to market with the Movado Group.

“I am truly inspired by the Scott Kay team and have been thoroughly impressed by their unwavering dedication to unparalleled craftsmanship and artistry,” stated Benavente. “The legacy of the brand and the man will be an important guiding principle as we continue to build the next chapters of the Scott Kay brand without compromise.”

Add a comment

New Midas Jewelry Catalog Coming This Month

(Press Release) Midas Chain will release an all-new 2015-2016 catalog on May 29 at JCK Vegas booth 5117. They are now accepting pre-orders.

This new 400-plus page catalog will have over 1,200 new pieces in addition to many thousands of existing styles.

For more than 30 years, Midas has offered their clientele a wide array of unique gold and sterling silver styles, in addition to all the basics that every jeweler needs.

“This year’s new catalog required a vast amount of product research and development. Our selection is extremely diverse, and our new designer collections will captivate the attention of jewelers nationwide,” said May Samuel, VP Merchandising.

“Our core business has always been as a manufacturer of gold and silver chain, but our new collections such as our officially licensed NFL products, will differentiate us from others,” she added.

The merchandise in the upcoming catalog includes sensational new collections. Some of them include East2West, Hawley Street, Staple, Draw The Line, 4YR Spirit and many others. The new unique collections developed are extremely complimentary to the rest. The details and quality craftsmanship of these meet the highest level of standards, which have always been the hallmark of an original Midas product.

Midas is known as a reliable resource for high quality products, fast shipping, and outstanding customer service. Orders can ship the day they are placed and all merchandise goes though a rigorous quality inspection before leaving the facility.

For more information, visit the website at midaschain.com.

Add a comment

IJL Registration Now Open

(Press Release) As visitor registration for the Diamond Jubilee Edition of IJL 2015 opens, visitors and exhibitors are invited to download the new free IJL App and be in with a chance to win 60th anniversary prizes.

Sam Willoughby, Event Director commented: “The new IJL App promises to make the show even easier to navigate efficiently and we do hope it will help to maximise everyone’s experience at the show. The Olympia venue itself is the perfect space to host our Diamond Jubilee celebrations and we have lots of plans to make it one of the most memorable events in the industry’s calendar this year”.

Add a comment





GIA’s Jewelry Career Fair Returns to New York

(Press Release) GIA’s Jewelry Career Fair will return to New York’s Javits Center on Monday, July 27 from 8 a.m. to 1 p.m.

Representatives from gem and jewelry companies – ranging from marketing and sales to design and manufacturing – will be looking to hire hundreds of skilled and motivated professionals at every career stage. The event is free and open to job-seekers.

An opening panel presentation, “Job Success in Today’s Market,” will be moderated by Susan Jacques, GIA’s president and CEO, and feature Jeremy Dunn of The Rephinery; Rhonda Edelman of Tiffany & Co; Myriam Gumuchian of Gumuchian; Michael O’Connor of Style & Substance, Inc; and Lee Siegelson of SIEGELSON.

Employers interested in recruiting at this year’s Career Fair should contact GIA’s Career Services office at (800) 421-7250 ext. 4100, or email careerservices@gia.edu. Recruiter registration will open soon.

Add a comment

Jewelers Mutual Launches "For All Its Worth" campaign

(Press Release) Jewelers Mutual has launched a new ad campaign for consumers as well as the jewelry industry.

Working with agency partner mcgarrybowen, Chicago, the campaign, called "For All Its Worth," features in its consumer advertising real couples reflecting on their love story together, and the many moments leading up to and behind their engagement rings.

A 60-second video shows a newly engaged young man and his fiancée reflecting on the moments they've spent together - at a photo booth, restaurant, on a long drive, or a weekend spent watching a movie. "It's the memories we've made. And the ones we still need to. So, yeah, it's definitely more than a ring," the young man concludes.

"The campaign is driven by emotion and gets at the heart of the incredible sentimental value jewelry holds," says Jewelers Mutual Chief Marketing Officer Trina Woldt. "It's about protecting the bond that exists and the moments that you've shared."

The consumer campaign spans online video, print, digital, and radio with the overarching theme extending to the jewelry trade with creative geared toward jewelry businesses, manufacturers and wholesalers.

Also created was a 60-second video for the jewelry industry, as a first-hand glimpse at the powerful relationship between a jeweler and their clients.

The video shows a real jeweler preparing for the business day and welcoming a real, soon-to-be-engaged couple as they pick out a symbol of their love. The young woman smiles as she looks at her new ring, the jeweler adds, "This is my life's work, and this is part of their life story. It's more than jewelry. It always is. It's all worth protecting."

"Showing the genuine passion shared with the jeweler and client is so important," said Woldt, "That relationship is what sets our industry apart from others."

The "For All Its Worth" campaign is part of a larger effort, aligning Jewelers Mutual's personal jewelry insurance with the Jewelers Mutual brand and an updated logo featuring 'Since 1913.' "Our rich history of being founded by jewelers, for jewelers, continues to help shape our future and we proudly embrace it across both divisions of the company," said Woldt.

"Our connection with the industry, our jewelers and those who wear jewelry is powerful and truly special. All of us have a shared passion for jewelry and realize the impact it has in our lives."

To find a Jewelers Mutual agent in your area or speak with a Jewelers Mutual representative, call 800-558-6411 or email YourInsuranceExpert@jminsure.com.

View the consumer video and print ad, jeweler video and print ad, as well as wholesaler print ad.

To learn more, visit JewelersMutual.com.

Add a comment

JA Finalizes Payment and Gift Card Plans

(Press Release) Jewelers of America has finalized a new payment solutions and gift card membership benefit program through FIS Retail Payment Solutions, the world’s largest global provider dedicated to banking and payments technologies.

Through the new membership benefit, JA members will receive discounted rates on everything they need to process non-cash payments.

“We know that check and credit card purchases are an essential part of jewelers’ businesses, and Jewelers of America members who take advantage of the exclusive discounts offered by FIS will find major cost savings,” says JA Director of Membership and Sales Matthew Tratner. “FIS provides everything jewelers need to easily and efficiently process checks, credit cards and gift cards.

Among FIS Retail Payment Solutions cost-saving benefits are:

  • Discounted rates on electronic check conversion to process checks like a credit card at lower cost
  • Enhanced Warranty coverage for fraud, forgery, stolen or NSF checks
  • Discounts on the industry’s most robust, end-to-end credit/debit processing solutions
  • No application fee, set up fee, item fee, transaction fee, annual fee or for credit card processing
  • Pre-packaged and custom gift card programs that drive new and repeat retail traffic

To get details on FIS’s payment processing services and exclusive discounts for JA Members, cick here.

Add a comment

Jenny McCarthy to Appear at Royal Chain Booth

(Press Release) Jenny McCarthy – model, television host, radio personality, actress and New York Times best-selling author – will be signing autographs at Royal Chain Group’s booth, #B5305, on Saturday, May 30, from 2-4 pm.

Her relationship with Royal Chain is due to her deep involvement with the company’s support of Ms. McCarthy’s charity, Generation Rescue.

Add a comment

IDEX Online Polished Price Changes – May 14, 2015

by Danielle Max

(Press Release) Once again, there were very few changes seen in round prices over the past week. The few shifts that did take place tended towards the lower clarities once again.

There were more changes – although there were also limited – in fancy cut diamonds, which saw mostly moderate price increases in the 0.45-to 2.00-carat goods.

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

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

Rounds

  • 0.18-0.22 cts D / VS1 down 3% and E / IF down 2%
  • 0.23-0.29 cts no change
  • 0.30-0.39 cts G-H / VS2-I2 up 2-2.5%
  • 0.40-0.44 cts L / VS2 up 3%
  • 0.45-0.49 cts D-G / SI3 down 3%
  • 0.50-0.69 cts no change
  • 0.70-0.79 cts K / VS1-2 up 2%, K-L / I2 up 5-5.5% and M / I1-I2 down 4-6%
  • 0.80-0.89 cts G-H / I3 up 4%, K / VS1-SI1 up 2% and K-L / I1-I2 up 4-5.5%
  • 0.90-0.99 cts a few changes including I / VVS1 down 3% and I-J / I1 up 4-5%
  • 1.00-1.24 cts no change
  • 1.25-1.49 cts K / I1 up 3%
  • 1.50-1.99 cts K and N / SI1 up 2-3%
  • 2 cts H-J / I1-2 up 2-5%
  • 3 cts no change
  • 4 cts D-F / VS2-SI1 down 3%
  • 5 cts no change

Fancy Cuts

  • 0.18-0.22 cts no change
  • 0.23-0.29 cts F / VS1 up 3% and H / VS2 up 5%
  • 0.30-0.39 cts E and G / IF up 2-3% and G / SI3 up 5%
  • 0.40-0.44 cts D / VS2 up 2%, I / VVS1 up 3% and K / IF up 4%
  • 0.45-0.49 cts changes in the D-G range / VS2-I1 up 2-5%
  • 0.50-0.69 cts changes including L-N / VS2+ up 4-5.5%
  • 0.70-0.79 cts changes including H / VVS1+ and SI1 up 2-3%
  • 0.80-0.89 cts a few changes including F / VVS1+, SI2 and I2 up 2-3%
  • 0.90-0.99 cts changes including F and I-J / IF up 3-4%
  • 1.00-1.24 cts changes including J / VVS1+ up 2 and K / VVS2-VS1 up 3%
  • 1.25-1.49 cts positive changes including F and K / IF up 3% and J / VS1-2 up 2%
  • 1.50-1.99 cts E-H / SI1-2 up 2-3%
  • 2 cts positive changes including  E-H / VS2-SI2 up 1-3%
  • 3 cts no change
  • 4 cts D / IF, F / VS1 and G / VS2 down 2-3% J / VS2 up 3%
  • 5 cts D / SI1 down 0.5% and F / VS2 down 3%
Add a comment

Lafonn Launches New Website

(Press Release) Lafonn has launched a new website, www.lafonn.com, featuring a new layout, enhanced catalog, media access, and a seamless shopping experience for authorized retailers.

Molly Wang, CEO of Lafonn comments, “The new Lafonn website represents the next phase of our brand’s growth as we continue to expand across North America. Our new website has an exciting new look and feel, and will be a valuable source of information for Lafonn fans and collectors.”

Add a comment

MJSA New York Will Move to Javits Center

(Press Release) MJSA Expo New York will move in 2016 to the Jacob K. Javits Convention Center and run simultaneously with the JA New York Spring Show, March 13-15.

In addition, while both shows will continue to be run independently, MJSA and JA New York have agreed to honor each other's badges, thereby enabling qualified attendees of either show easy access to all exhibitors and educational sessions.

The opportunity to move to the Javits during the same dates as the JA New York show "presented a win for the buyers and the exhibitors of the two shows, something we simply couldn't pass up,” said MJSA President/CEO David W. Cochran.

"Although Expo has enjoyed success at the Hilton, having it run at the same time as JA New York more than doubles the number of potential buyers," he said. "Given the complementary nature of our offerings -- JA New York’s emphasis on fine finished jewelry, our unique focus on supplies to the trade -- we expect that, in particular, retailers with manufacturing, design, and repair capabilities will now have even more reason to make our shows a destination.

"We've heard consistently that the number of trade shows in March forces buyers to make hard decisions about which to attend," Cochran added. "By running simultaneously, MJSA and JA New York have made those decisions a little easier."

“The co-location of MJSA and JA New York is a natural fit," said Drew Lawsky, group show director for JA New York. "We feel strongly that having both shows running in tandem at the Javits during our March dates will have a tremendously positive impact on all of our exhibitors, and will streamline the process of attending both of these important events.”

To learn more about MJSA Expo New York, including exhibit opportunities, go to MJSA.org or contact Corrie Silvia Berry, MJSA director of sales and business development, at 1-800-444-MJSA (6572), ext. 3041, corrie.silvia@mjsa.org.

Add a comment

GIA Notifies Trade of Potential Undisclosed Diamond Treatment

Approximately 500 colorless to near-colorless diamonds submitted primarily to GIA’s grading laboratory in Ramat Gan, Israel, were potentially subjected to an undisclosed temporary treatment.

GIA believes that the treatment temporarily masks the body color of the diamond, resulting in a color grade that can be up to three grades higher than its actual grade.

The Institute has terminated client agreements with the companies that submitted the diamonds in question and has notified appropriate trade bodies.

The report numbers of the potentially treated stones are posted on GIA’s website. Anyone who has purchased or has access to any of these diamonds is asked to submit them to any GIA lab for a no-cost, expedited review.

Add a comment

COUTURE Partners with Kaiser Times

(Press Release) In advance of its 2015 event, COUTURE is proud to announce its partnership with Kaiser Time, Inc., one of the largest consulting agencies in the watch business.

Kaiser Time’s founder Steven Kaiser was an owner and executive in the watch industry for over 25 years before launching the company 15 years ago.

“When carefully considering potential areas of growth for COUTURE, we came to the conclusion that the luxury watch category is a natural fit with our existing community of designer fine jewelry brands,” explained Gannon Brousseau, Show Director for COUTURE.

At COUTURE 2015, TAG Heuer, Baume & Mercier, Hermes, Gucci and TUDOR are joining brands such as Bulgari, Chopard and Bell and Ross.

While Baume & Mercier, Hermes, Gucci and TUDOR will be presenting in private villas at the Wynn throughout the show, May 28 to June 1, TAG will be exhibiting in the Encore Ballroom, a short walk from the Villas, on May 29 and 30.

Additional watch brands exhibiting during COUTURE 2015 are Porsche Designs, Ernst Benz, Shinola and Waltham.

COUTURE 2015 takes place from May 28 to June 1 at Wynn and Encore Las Vegas.

Add a comment

Dazzling Paws Adds to Collection

(Press Release) Dazzling Paws Jewelry has added six new breeds to their line of sterling silver dog-themed jewelry.

The six breeds to debut include: Jack Russell Terriers, American Cocker Spaniels, French Bulldogs, Bernese Mountain Dogs, English Springer Spaniels and Chihuahuas.

Company President Myra Westphal explains, “Our Breed Jewelry Collection launched in fall of 2013 and has grown to include 28 exclusive dog breed jewelry fashions, each breed offering at least two designs; the head and full body pose with coordinating earring sets. Many of our breed jewelry designs include multiple styles for each of the respective breeds.”

For more information on Dazzling Paws Jewelry visit www.dazzlingpawsjewelry.com.

Add a comment

India’s Export Promotion Council Partners in Dubai

(Press Release) India’s Gem & Jewellery Export Promotion Council organized the Indian Pavilion at this year's VicenzaOro in Dubai.

Focusing on strategic interests of Indian gem and jewelry products in the Middle East, GJEPC collaborated with VoD as an associate partner for the event. This partnership will help in further penetrating Middle East, an important gem and jewelry destination for India.

At VoD this year, the Indian Pavilion showcased 98 leading Indian manufacturers and retailers spread across 136 booths.

Add a comment

Charles Garnier Will Raffle Apple Watches

(Press Release) Charles Garnier will raffle the $10,000.00 18 Karat Yellow Gold Apple Watch Edition at the JCK Las Vegas Show as the grand prize of the Charles Garnier promotion.

In addition, two other Apple Watches will be raffled at the drawing on June 1 at 2:00 PM at Charles Garnier Booth 52 Prestige Pavilion.

The second prize will be the Apple Watch 42mm stainless steel case with Milanese loop. The third prize will be the Apple Watch 38mm silver aluminum case with white sport band.

The only condition to enter to win one of the Apple Watches is simply to book a 5-minute appointment to review the Charles Garnier new Mesh Collection featuring Ideal Cut Hearts and Arrows Diamonds at the JCK Las Vegas Show.

“We are launching the first silver collection in the world with Hearts and Arrows Diamonds,” said Julie Franco, Vice President of Sales at Charles Garnier.

“Retailers might come to win the 18 Karat Apple Gold Watch, but the real prize for a retail jeweler will be to carry our Hearts and Arrows Diamond Collection in their store,” added Guy Benhamou, President of Charles Garnier.

Add a comment

Pyrrha Certified as B Corporation

(Press Release) Canadian jewelry design company Pyrrha is officially a certifed B Corporation; a designation awarded to companies that use the power of business to solve social and environmental problems.

B Corps like Pyrrha share a common goal of redefining success in business and encourage all businesses to compete not only to be the best in the world, but the best for the world.

Certified by the non-proft B Lab, B Corps meet higher standards of social and environmental performance, accountability, and transparency.

“B Corp’s guidelines for better business are aligned with everything we believe in,” said Pyrrha designer Wade Papin, “We believe that successful business does not have to come at the expense of people or the planet.”

In an industry where sustainability is not commonplace, Pyrrha stands out in its efforts to reduce its footprint and be as conscious as possible in all stages of in-house production. With a core belief in the necessity of sustainable solutions, Pyrrha circumvents the damaging impact of mining by casting its jewelry from 100 percent reclaimed precious metals.

“Becoming a B Corp is just the beginning for us,” said Papin, “Going forward we welcome the challenge to further reduce our environmental impact while increasing our positive social contributions.”

Add a comment

Hawaii Jewelers Association Names Design Winners

(Press Release) Hawaii Jewelers Association has announced the winners of its 66th annual design competition.

DESIGNER OF THE YEAR
Denny Wong, Denny Wong Designs

JEWELRY UNDER $3,500
First Place: “Jali” Ring by Jason Dow.
Second Place: “Waterfall” by Carrie Nottage Smith, Na Hoku.
Third Place: “Fire and Ice” necklace, Denny Wong Designs.
People’s Choice: “Waterfall” by Carrie Nottage Smith, Na Hoku.

JEWELRY OVER $3,500
First Place: “Ocean Tides” Ring, by the Maui Divers design team. Second Place: “Royal Bliss” Ring, by Dona Wong, Keoni Collections. Third Place: “Koala” pendant, by Tiara Pearl International.
People’s Choice: “Snowflake” by Moshe Hakemolo, Diamond Guy Hawaii.

HAWAIIAN-THEMED JEWELRY
First Place: “Kilauea” necklace, by Denny Wong Designs. Second Place:”Treasured Waters” by Dona Wong, Keoni Collections.
Third People’s Choice: “He’e (Octopus)” by Donna Shimazu, Na Hoku

Add a comment

Tutera Launches First Jewelry Collection

Wedding planner David Tutera has partnered with Fuzion Creations on a collection of fine jewelry.

The new David Tutera jewelry collections will be available for a special preview at Fuzion Creations booth #B3850 at the JCK Jewelry Show at the Mandalay Bay Convention Center in Las Vegas May 29-June 1st, before its official launch in August.

“I am so pleased with this collection,” said Tutera. “These designs combine current fashion jewelry trends with real gold and sterling silver and an array of beautiful gemstones – all at affordable price points. Best of all, these pieces look much more expensive than they really are.”

“Tutera’s creativity and design talents have made him a tremendous figure in the bridal and lifestyle arena and we are delighted to be working with him on this new jewelry collection,” said Maney Douek, President at Fuzion Creations.

"David Tutera has taken his passion for designing spectacular events and has transformed it into a lifestyle. At Fuzion, we hope to do the same by creating a special line of jewelry inspired by David Tutera’s incredible sense of style.”

The David Tutera collection will consist of over 500 pieces, including include rings, earrings necklaces and bracelets. The line will include 18k, 14k, and 10k gold and sterling silver, and will incorporate diamonds, cubic zirconia, synthetic, precious, and semi-precious stones into the designs.

For further information, please visit fzncreations.com.

Add a comment

Carla Corporation Celebrates 50 Years of Success

To mark a half century of operation, Carla Corporation has created a new website, carlacorp.com, featuring its latest jewelry designs and providing an opportunity to meet the Carla family, including its talented craftsmen.

Founded in 1965 by Nicholas DeCristofaro and his son-in-law Ralph Fleming, the family-owned Carla Corporation offers two distinct lines of jewelry: the Carla, which provides a much-loved classic look that works anytime, anywhere, and the Nancy B collection, offering high fashion elegance with a classic flare that customers want.

“As a proud Made in America company, we will continue to live by our four standard principles: Quality, Service, Trust, and Dependability,” commented Fleming.

“We greatly value and appreciate our relationship with our retail partners and their customers and we promise that we will consistently deliver on these principles with each item we create.”

Along with the company’s commitment to its retail partners, at the heart of Carla Corps success lie its master craftsmen.

“Leitzel’s Jewelry prides itself on offering customers unique, quality jewelry styles that are made in the USA, says Allison Leitzel Williams of Leitzel’s Jewelry, Myerstown, PA.

“I love the fashion sense incorporated into the Nancy B line, and appreciate the quick response to trends. I can always depend on the Carla line for classic, nostalgic styles available for the traditional woman. The Carla/Nancy B team sets me up for success by providing friendly, prompt service, an up to date website, and top-notch marketing services.”

Visit Carla Corporation online at carlacorp.com or meet its representatives in person May 29-June 1 at JCK Las Vegas.

Add a comment

Corinne Announces Winner of Junior Jeweler Contest

Corinne Jewelers has announced the winner of their Junior Jeweler competition.

Carly Stopera, a fourth-grade student at North Dover Elementary School in Toms River, won the competition with her drawing depicting a dolphin leaping through sunlit waters.

Carly designed the piece for her mother as a special Mother’s Day gift, and it was transformed into a sterling silver heart pendant by the artisans at Corinne Jewelers.

Ryan Blumenthal, owner of Corinne Jewelers, and Head Designer Allyson Berlen made the announcement at a school assembly May 4th, where Blumenthal also awarded a Junior Jeweler certificate to every student who entered the competition.

“When I first told the class about the competition, the kids were really excited about it. But when I came back to announce the winner, the level of excitement was off the charts,” Blumenthal said.

“And at the store, the level of enthusiasm for the Junior Jeweler competition has been almost as high as it was at the school. For our designers, it was like the thrill they get from creating a great custom piece, times ten. I think they may have been as excited as the kids about the program. We can’t wait to do this again next year.”

Blumenthal said he intends to expand the Junior Jeweler program next year to include other area schools.

For more information, visit corinnejewelers.com.

Add a comment

GemFind Launches Retail Locator Facebook App

GemFind has launched the Retail Locator Facebook App, which integrates jewelry collections with a seamless retail locator, promoting collections while boosting retailer relationships with direct customer leads through Facebook.

“With Facebook influencing purchase decisions more now than ever, we recognize the value of jewelry manufacturers reaching their consumers and retailers online. Retail Locator is the necessary driver to turn online interest into retailer sales,” said Alex Fetanat, CEO of GemFind.

Retail Locator joins an innovative lineup of tools including Diamond Link, Ring Builder, Stud Builder, Pendant Builder and social product network JewelCloud.

The GemFind network includes manufacturers and designers such as Tacori, Hearts on Fire, Simon G, Gem Platinum, Martin Flyer, Endless Jewelry, KC Designs, Stuller and many more fine brands and jewelry manufacturers.

The app is added to a manufacturer’s brand Facebook page quickly and easily, even if they are new to the GemFind network.

Visit gemfind.com for more information.

Add a comment

Scott Kay Adds to Regional Sales Team

Scott Kay has named Nick Pirie as a East Coast Regional Account Executive.

He will be joining new hires Bruce Lake and Cathy Marsh, who were appointed to the regional sales team last month.

Formerly a VP and one of the original members of SCVNGR, a technology based marketing firm, Pirie brings with him extensive experience working closely and partnering with retailers to drive traffic and sales.

Known for exploring new and innovative strategies within the industry, his insight into the millennial bridal consumer will make an invaluable addition to the Scott Kay brand.

“Nick adds additional excitement to our growing team,” said Joseph Green, Senior Vice President of Sales. “He brings the perspective and experience of a dynamic marketer and a deep rooted expertise working with retailers.”

At SCVNGR, Pirie was instrumental in developing the Diamond Dash concept for jewelry retailers.

More recently, he led Xvoke, a tech driven experiential marketing agency, also focused within the jewelry category.

Add a comment

National Jeweler Names Publisher and Announces Staff Updates

National Jeweler has named Matthew Tratner as Publisher and Nancy Kelly as Sales Executive.

In February, National Jeweler was acquired by Jewelers of America, which saw the magazine poised for growth as an informative resource for the jewelry community.

As Publisher, Matthew Tratner is responsible for managing the sales and business operations of National Jeweler as well as sustaining National Jeweler’s role as the jewelry industry’s go-to source for breaking news and relevant information.

Tratner has a strong background in jewelry sales and operations. He is currently the Director of Membership and Sales at JA, a role he will continue as JA and National Jeweler act independent of each other. Previously, he was Chief Operating Officer and Partner at GemsAround.com and a sales and operations executive at Maya J Diamond Jewelry. Tratner is also a GIA Accredited Jewelry Professional.

“National Jeweler has a very talented editorial team headed by Michelle Graff. They deliver essential jewelry news analysis that matters most to our industry’s top jewelry professionals,” says Tratner. “I am delighted to join the team and contribute to growing the legacy that it started in 1906.”

Nancy Kelly has joined National Jeweler as a Sales Executive. In her role she will focus on connecting advertisers with the jewelry industry’s most important retailers. Kelly has vast experience in sales in the jewelry market.

Prior to joining National Jeweler, she was a partner at Old World Chain, a top producer and importer of classic gold jewelry, which continues to be owned and operated by Carolyn Kelly. She also worked as Executive Vice President of Sales at Roberto Coin.

“Matthew and Nancy each have a depth of industry experience, knowledge and close relationships that are an invaluable asset to National Jeweler,” says David J. Bonaparte, JA President and CEO.

Tratner and Kelly join National Jeweler’s existing staff of Michelle Graff, Editor-in-Chief; Hannah Connorton, Senior Editor; and Brecken Branstrator, Associate Editor; and Bhupal Potdar, Sales Representative for India.

Add a comment

Kelly Rowland Will Headline "Diamonds in the Sky" Bash in Vegas

Kelly Rowland, the Grammy Award-winning artist who rocketed to fame as part of Destiny’s Child, will headline the Diamond Empowerment Fund’s "Diamonds in the Sky" Las Vegas gala on May 28 at the Four Seasons Ballroom in Las Vegas.

The event will salute Prime Minister Narendra Modi and the Government of the Republic of India for their progress towards national sustainability and the advancement of the diamond industry.

“We are thrilled to have such an enormous and big-hearted talent on board,” says Diamond Empowerment Fund Board President and Mercury Ring CEO, Phyllis Bergman.

“It is so important to us to show how diamonds do good globally; and Ms. Rowland’s strong commitment to giving back is an inspiration and a testament to that message.”

Premier Presenting Sponsors of the event include Chow Tai Fook Jewellery Group Limited, the De Beers Group of Companies, Rio Tinto, and Signet Jewelers Ltd. Partner and Patron Sponsors are Rosy Blue Group and Le Vian Group, respectively.

For tickets, tables, journal ads and sponsorship packages for the upcoming event, visit www.diamondsintheskylasvegas.org.

Add a comment

IDEX Online Polished Price Changes – May 7, 2015

by Danielle Max

There were few changes seen in round prices over the past seven days. The few changes that took place are mostly in the lower clarities.

There were more changes in fancy cut diamonds, which saw mostly moderate  price increases in the 0.50- to 2.00-carat goods, in better colors and clarities.

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

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

Rounds

  • 0.18-0.22 cts D / VVS1 down 2% and E / VVS2 down 3%
  • 0.23-0.29 cts D / IF down 3% and K / VS2 up 4%
  • 0.30-0.39 cts D / SI1-2 up 2-4%, G-H / VS2 up around 2.5% and D / I1 down 3%
  • 0.40-0.44 cts L / VS1 up 3%
  • 0.45-0.49 cts D-E / SI3 and D / I2 up 2-3%
  • 0.50-0.69 cts E / I2 and J / IF up 3%
  • 0.70-0.79 cts F / IF and I / VVS1 up 3-3.5%, K-L / I1-2 up 3-6%
  • 0.80-0.89 cts K / VS1 and L / VVS2-VS2 up 2%, K-M / I1-2 up 3-6%
  • 0.90-0.99 cts E / SI2 up 4% and H / SI2 up 2%
  • 1.00-1.24 cts H / SI2 up 4% and M / SI1-2 up 3-4%
  • 1.25-1.49 cts no change
  • 1.50-1.99 cts G and M / VVS1 up 2%, N / VS2 up 3% and K-M / SI2 up 2-3%
  • 2 cts M-N / SI2 up 2-2.5% and I-J / I1-2 up 2.5-5%
  • 3 cts no change
  • 4 cts F / VS2-SI1 and D-E / SI1 down 3%, H / SI2 up 3%
  • 5 cts no change

Fancy Cuts

  • 0.18-0.22 cts no change
  • 0.23-0.29 cts no change
  • 0.30-0.39 cts D / VVS2-VS1 up 2% and E-F / VVS1+ up 3-4%
  • 0.40-0.44 cts D / VS2 up 2%, E / VVS2 up 4% and I / VVS1 up 3%
  • 0.45-0.49 cts D / VS2 up 2%
  • 0.50-0.69 cts changes including D-I / VVS1+ up 2-3% and E-F / SI1-SI3 up 2-4%
  • 0.70-0.79 cts changes including E-I / VVS1+ up 2-3.5% and H / SI2 up 4%
  • 0.80-0.89 cts a few changes including H-I / VVS1-VS1 up 2-3%
  • 0.90-0.99 cts changes including G / VVS1 down 3%, E-G / VS2-SI1 up 2-4% and I / IF up 4%
  • 1.00-1.24 cts changes including D-I / SI2 up 2-4% and J-K / VVS1-VS2 up 2-3%
  • 1.25-1.49 cts some positive changes including F / IF up 3% and J-K / SI2 up 3%
  • 1.50-1.99 cts changes including J / VS1+ up 3-4% and H-K / SI1-2 up 2-3%
  • 2 cts positive changes including  G-H / VVS1+ up 3% and I / SI2-I1 up 3-4%
  • 3 cts no change
  • 4 cts E / VVS1 down 3%
  • 5 cts D-F / VS2 down 1-3%
Add a comment

Stuller, Inc. Launches Loyalty Program

Stuller has launched Stuller First, its first company-wide loyalty program.

“This program has been two years in the making, and we’re eager to finally bring it to our customers,” says Stuller Chief Marketing Officer, Kevin Metz. “We’ve always strived to put our customers first. And this is our way of making it easier for them to do business with us, beginning with the way we ship packages.”

For an introductory annual membership fee of $199, the program offers jewelers next-day afternoon shipping on any package less than five pounds for just $6.99 each. (Some exclusions and additional charges may apply.)

Program highlights include:

  • Unlimited next-day afternoon shipments
  • No minimum purchase requirements
  • Use the membership to buy as much or as little as desired, as often as desired
  • Valid for a full year
  • Shipping costs automatically applied to the order placed

“This program will pay for itself in about 20 shipments,” continues Metz. “If they’ve [customers] been thinking about trying any new products or something they haven’t normally purchased from us, this is a great opportunity for them to do so. We encourage customers to take advantage of the broad line of products Stuller has to offer.”

For eligibility requirements or to learn more, visit Stuller.com/stullerfirst.

stuller.com/stullerfirst SAME WINDOW LINK This is a link Add a comment

Long’s Jewelers Hosts Annual Wedding Band Weekend

Long’s Jewelers delivered another full house during its annual Wedding Band Weekend event at their Burlington, MA location Friday March 27 through Sunday March 29.

Nearly 3,000 young women and men visited Long’s that weekend to find the wedding bands that fit their dreams and their budgets.

Wedding Band Weekend is a longstanding annual event at Long’s Jewelers and this year was hands down the best one yet, thanks to greatly increased traffic and growing price points. Along with the year’s best selection and prices, Long’s offered a new enter to win prize this year to its customers – the chance to borrow $10,000 of jewelry.

This unique prize was a huge draw for brides-to-be. With the help of the Platinum Guild, Long’s again taught all event attendees about the benefits of choosing a platinum wedding band and, as a result, Long’s sold hundreds of platinum bands and more than any other metal type.

The event brought together some of the world’s top bridal ring designers including Ritani, Mémoire, DIANA, A. JAFFE, Furrer-Jacot, Scott Kay, and many more to share thousands of choices in platinum, gold, diamond, and custom wedding bands.

In addition, the event included wedding professionals and companies thrilled to interact with this younger demographic. The Platinum Guild, TAG Heuer, Jordan’s Furniture, The Capital Grille, Men’s Wearhouse, Konditor Meister, and more all provided incredible prizes geared toward this audience.

“We're very fortunate that the economy continues to improve. Lots of people are getting married, and they truly want wedding bands that will last a lifetime, so they are choosing Long's as their jeweler” said Craig Rottenberg, President of Long’s. “This event is such a feel good weekend for us, since we get to meet so many amazing couples with great stories.”

Add a comment

IJO Creates "Millennial Board"

Southport, CT — Following advice from its Board of Directors given at its recent annual meeting, the Independent Jewelers Organization (IJO) has created a new Millennial Advisory Board, according to IJO President and CEO Jeff Roberts.

The purpose of this new board will be to involve and capture ideas and concerns from younger jewelers in IJO who are looking at making a career in the jewelry industry. The board, which will convene with IJO board member Dina Unwin of Sterling Jewelers, is designed to enable the “Millennials” of IJO to share their thoughts, perspectives, ideas and concerns. These meetings will occur at each of IJO’s semi-annual conferences. After each meeting, Unwin will take the Millennial Board’s comments back to the IJO Board of Directors for further discussion. IJO's Board of Directors consist of nine retail and two vendor members.

“We are fortunate to have a really active, involved and supportive Board of Directors,” said Roberts. "They act as a liaison between the membership and IJO headquarters and have contributed a great deal to the betterment of this organization.”

“I’m delighted to have been asked and I'd love to participate in this newly-created board,” said Alec Garcia. “What a great honor this is for me.”

Roberts added, “This board represents the next generation of IJO. They are the future of our industry and I want to ensure, as best I can, that it’s everything that they want it to be.”

The first meeting of the Millennial Board will be held at the Omni Hotel in downtown Nashville, TN on Saturday, July 25 from 12:00 pm-1:30pm.

Participants are:

Chris Caves – Caves Jewelers, DeSoto, TX

Alex Hevia – Kiefer Village Jewels, Lutz/Land O’Lakes, Dade City and Brandon, FL

Alec Garcia – Garcia Jewelers, Farmington, NM

Mallory Murphy – Murphy Jewelers, Pottsville and Hamburg, PA

Landon Wiland – J. David Jewelers, Broken Arrow, OK

Scott Kaufman – Allison-Kaufman Company, Van Nuys, CA

For further information on IJO, go to www.ijo.com. Add a comment


Forevermark Plans Extended Presence at JCK 2015

Forevermark plans to expand the brand presence at Luxury and JCK shows this month. Forevermark will host a 5,300 sq. ft. salon space to meet the growing needs of Forevermark jewelers.

The new salon concept is an overhaul of the brand’s partnership trade show strategy. The concept encourages all Forevermark diamantaires, manufacturers and retailers to connect in one efficient shared space.

The Salon will provide an immersive brand experience, allowing partners to preview the breadth of the Forevermark diamond collection and learn about the latest brand programs, including marketing and public relations activities, exclusive product offerings, Diamond Asset Financial services, Forevermark Brand Environments, digital platforms, and training.

Forevermark US President Charles Stanley announced through a private invitation to all Forevermark Partners, “We are thrilled to host all of our Forevermark diamantaires together under one roof, providing the Forevermark retailer with an invaluable, seamless brand experience, a crucial one-stop shopping opportunity for all Forevermark business needs.”

Heather Ingraham, diamond buyer at Borsheims Fine Jewelry said, “As a member of the Forevermark Leadership Council, I am excited to see Forevermark debut this Salon strategy at JCK. I appreciate the convenience and efficiency of shopping the full Forevermark offer out of the Salon, through appointments booked for me.”

“We are excited to have industry leaders like Forevermark expanding their presence at LUXURY by JCK this year. They are consistently innovating to support their partners and bring value to our shows,” said Yancy Weinrich, SVP of JCK Events.

The Forevermark Salon is located in Breakers Ballroom HG, Mandalay Bay, Las Vegas. Forevermark retailers should book appointments with a Forevermark supplier or Forevermark representative through a member of the Forevermark Partner Relations Team.

Add a comment

AGA Las Vegas Conference Will Delve Deeper Into the Synthetic Diamond Trade

As a follow up to last year's highly successful conference, the Accredited Gemologists Association has tapped gem industry expert Gary Roskin, GG, FGA, and host of the Roskin Gem News Report, to moderate this half-day program featuring some of the most important industry leaders handling synthetic gem quality diamonds.

A hands-on, discovery hour provides attendees with the opportunity to handle and become familiar with gem quality synthetic diamonds.

This event features leading innovators from the synthetic diamond industry, discussing current market trends, including the availability, size and quality of gem quality synthetic diamonds, the wholesale and retail sales trends, as well as the identification of single stones and parcels of melee.

Guest participants include: Tom Chatham, Chatham Created Gems, delivering synthetic gem quality diamonds to the retail trade; Dr. James Shigley, distinguished research fellow at GIA's gemological research laboratory, to give us insight into what is possible; Thomas Hainschwang, director of GGTL Laboratories/Gemlab (Liechtenstein), who provides the jewelry manufacturing trade with testing services for sorting synthetic diamonds from natural diamonds; and Alex Grizenko, of Lucent Diamonds, representing the field of treatments with synthetic gem quality diamonds.

Russell Shor, GIA's senior industry analyst, noted in 2012 that it was the year of the synthetic diamond. Well, he may have been a few years premature, but we think he is now right on the mark, as it looks like 2015 will certainly be the year as with more and more synthetic gem quality diamonds enter the jewelry industry, not just as samples, but as actual retail product lines.

AGA is assembling experts that can and will explore the detection, the market perceptions, and the pricing of synthetic diamonds from the producer to the retailer.

The conference features presentations, a town hall style moderated discussion, and hands-on sessions. With natural diamond supplies reportedly growing increasingly tight and synthetics producers reportedly expanding their production and markets, knowledge is key to navigating this increasingly complex diamond market.

AGA Las Vegas Conference is May 28, 1-5 p.m. at the Westin Las Vegas Hotel.

Visit the AGA website for more details and registration - accreditedgemologists.org.

Add a comment

Meg Deedy Named Marketing Director of Platinum Guild International USA

PGI USA has named Meg Deedy Director of Marketing. In her role, Deedy will oversee all digital media, social media and public relations strategies and programs.

Deedy is a seasoned digital agency lead with over ten years of experience in the US and abroad with agencies such as agency.com, TracyLocke, MRM/McCann New York and MRM/McCann Singapore.

She has crafted and led both integrated and strictly social (paid, owned, earned) campaigns across a diverse range of verticals including financial services, auto, CPG, beverage and retail.

Deedy has leveraged her knowledge of analytics, social listening and brand development to drive measurable results for the MasterCard "Priceless" campaign, Captain Morgan, Jose Cuervo, Heineken, and CVS/pharmacy to name a few. Meg most recently led the social media practice for TD Ameritrade at Havas Worldwide in New York.

PGI USA President Jenny Luker says, “We are thrilled to welcome Meg to the team and value the experience and expertise that she brings with her. Meg will be a driving force in implementing new and impactful initiatives for PGI and we look forward to a bright future for platinum.”

“I am so excited and humbled to be part of the PGI team and drive platinum forward with our partners and for our audience,” says Deedy.

“Every day, digital and social networks are advancing to better connect consumers with each other, brands and retailers. These innovative platforms provide the perfect opportunity for platinum to expand the conversation and connect the right message to the right audience at the right time. “

Add a comment

Atlanta Jewelry Show to Offer GIA Diamond-Grading Lab

The Atlanta Jewelry Show will once again offer a Gemological Institute of America Lab during the August 2015 edition at the Cobb Galleria Centre, Atlanta, GA.

The GIA Diamond Grading Lab will be held Tuesday-Saturday, August 4-8, from 9-5 each day.

The Atlanta Jewelry Show runs August 8-10.

Bringing together a unique combination of hands-on training, one-on-one coaching and integrated multimedia presentations, the lab can be credited towards the GIA's Graduate Gemologist and Graduate Diamonds diplomas.

During the lab, participants will:

  • Learn to grade diamonds consistently and accurately using a modern gem microscope and jeweler's loupe
  • Become familiar with GIA's Diamond Grading System
  • Discover time-saving shortcuts to determine a variety of grading factors
  • Learn to read a GIA Laboratory Diamond Grading Report

All told, they will spend more than 16 hours practicing grading technique of diamonds that were carefully selected and graded in the GIA Laboratory. In the process, we will teach you to recognize the most common diamond features. Students must pass a two-stone practical exam to complete the class successfully and earn the letter of Completion

Space is limited for the August 2015 Diamond Grading lab, so retailers are encouraged to register now. The lab price is $2,437 (check) and $2,487 (credit card).

To register or receive more information, contact jlince@atlantajewelryshow.com.

For more information, visit www.atlantajewelryshow.com or call 800.241.0399 | 404.634.3434

Add a comment

Westime Poker Tournament Raises More Than $1 Million

The third annual Westime Charity Poker Tournament took place on April 25 in the home of former California Governor Arnold Schwarzenegger. The exclusive event raised more than $1 million in support of the national After-School All-Stars charity, which provides afterschool programs for underserved youth. ASAS Founder Arnold Schwarzenegger and Westime Founder and CEO John Simonian hosted the occasion. “Through this one event, we ensured that our kids will have a safe place every single day to go to when the bell rings at3pm. Instead of ending up on the street, these kids have world-class programs where they learn to be successful in school and in life,” said ASAS CEO Ben Paul. Throughout the evening, the guests, who included Don Cheadle, Joe Manganiello, Annie Duke and Patrick Schwarzenegger, enjoyed an ever-changing line-up of entertainment—from wine and spirits tastings, to casino-style games, to live and silent auctions For more information and photos from the event, please visit as-as.org/westimeevent.

Add a comment

Kirk Kara Debuts New Collection in Its 125th Year

Kirk Kara has released its newest fine diamond engagement ring collection, Lori, to coincide with the 125th anniversary of the founding of the company.

A love letter to the company's Armenian roots, Lori is named for a lush province in Armenia. These richly detailed engagement rings are inspired by intricate, old-world Armenian carvings, patterns, and art, with a nod to refined Art Deco style.

The Lori collection debuts in May 2015 at JCK Las Vegas, the leading jewelry event in North America.

The year 2015 marks a very special birthday for Kirk Kara and its family legacy. A century and a quarter ago, the company's passion for jewelry began in the small workshop where Kirk Kara's grandfather engraved stunning jewelry inspired by carvings unique to Armenia. His son, Artin, later reimagined the family business in Beirut, Lebanon, bringing a decidedly European aesthetic to it.

From a very young age, Kirk Kara worked alongside his father, eventually opening his own shop before moving his wife, Lucy, and two daughters, Angela and Grace, to the United States in 1983. As the family's artistic North Star, Lucy joins Kirk, Angela, and Grace at the helm of everything from operations to design, with the inspiration of their predecessors always lighting the way.

For more information, see www.kirkkara.com.

Add a comment

Cheng Joins Board of World Diamond Mark Foundation

Peter (Kar Shing) Cheng, Chairman of the Chow Tai Fook Foundation and a director of the firm has joined the board of the World Diamond Mark Foundation.

"We acknowledge Mr. Cheng and the Chow Tai Fook company for substantiating his ongoing commitment to the World Diamond Mark," said Ernest Blom, president of the World Federation of Diamond Bourses and WDMF Vice Chairman.

"We look forward to Mr. Cheng's contribution, in particular to his insights into the diamond jewelry consumer market in China," Blom stated.

"Mr. Cheng has been involved in World Diamond Mark since its inception, providing valuable advice and hosting WDM think tank meetings. We are happy that Peter has taken his rightful place at world diamond and jewelry industry leaders' table," Alex Popov, WDMF Chairman said.

For more information about the World Diamond Mark, visit www.worlddiamondmark.org.

Add a comment

American Gem Society Names 2015 Board of Directors

The American Gem Society announced the list of its 2015-2016 Board Of Directors on April 25 at the Society’s Membership Meeting during its annual conclave.

The Board is as follows: President -- Louis Smith, CG; President Elect –- Scott Berg, CG; Secretary and Chair, Conclave Sub-Committee -– John Carter, CGA; Treasurer –- Kelly Kinas; Director at Large –- Beryl Raff; Director at Large -– Yancy Weinrich; Chair, International Guilds Council -– Laura Stanley, CGA; Chair, Gemological Sciences Committee –- Michael Richards, CG; Chair, Education & YT. Committee –- Lisa Bridge, CG; Chair, Marketing Committee –- Michael Wilson, CG; Chair, Membership & GR. Committee –- Kelly Newton, CGA; Chair, AGS Lab Advisory Committee –- Clayton Bromberg, CG, Directors at Large –- Frank Brown, RJ, Scott Udell and Stewart Wicht.

The Board also added two new members. Georgie Gleim, CG, is the new Senior Advisor to the Board and Ronnie VanderLinden has been appointed as Director at Large. Bill Sites, CG, retired as Senior Advisor, while Charlie Rosario finished his term as Director at Large. Additionally, Charles Lacy, Emeritus Registered Jeweler, was recognized for his years of service to the AGS Laboratories Board of Managers.

For more information regarding the American Gem Society, please call 866.805.6500, or visit www.AmericanGemSociety.org.

Add a comment

ArtCAM JewelSmith Previewed at JCK Vegas

Delcam will demonstrate the latest version of ArtCAM JewelSmith with support for 3D printing at JCK Las Vegas May 29–June 1 on Booth B6472

ArtCAM JewelSmith has been developed specifically to allow jewelry manufacturers to increase productivity, improve quality and deliver new designs more quickly, by combining their craft skills and creativity with the power and precision of computer-aided manufacturing.

The software includes a gem library, which can be added to by the user, and the KeyShot rendering system, which creates extremely accurate and lifelike images for either customers or retailers to view, or for the production of catalogues and other marketing materials.

The 2015 release of ArtCAM JewelSmith makes it much easier to create complex designs, with a new ‘putty’ tool. This allows models to be edited by picking an area to be moved, swirled, pinched or puckered. It will be especially valuable when creating a series of variants on a repeating element in a design or subtly changing fine details within a model.

In addition, many of the modelling options, including the new tool, now show the results of changes in real time.

Functionality currently under development at Delcam will allow future releases of ArtCAM JewelSmith to support 3D printing with Ember and other 3D printers.

Add a comment

Three Pros Take Top Honors in SMART Show Bench Pressure Challenge

After four battles between jewelry-design masters, INSTORE’s Bench Pressure Challenge crowned three artists winners at this year’s SMART Jewelry Show in Chicago.

On Saturday, April 18, Craig Farley and Kelsey Kudriavtseff each won one CAD Challenge event. The competition was too close to call, and both were given the top award.

The following day, Kelly Williams won both of her Bench Challenge battles and took to overall crown.

Taking place in the new Bench Challenge Pavilion on the floor of The SMART Show, this competition highlighted the expertise and craftsmanship required to turn basic ideas into brilliant finished pieces, with overhead monitors giving the audience an up-close view of the action at each bench workstation.

"The Bench Challenge area of the show had the best show to-date, with lots of bench jewelers coming to Chicago to see what it's all about," says Darrell Warren, VP of merchandising for Stuller Inc.. which is a long-time supporter of the Bench Challenge and provides the benches, tools and supplies used during the competition.

"It has really become a destination for bench professionals, and has made it on the annual to-do list of many show attendees. We really enjoy being part of this, and giving "rock star" bench jewelers some well-deserved recognition."

Contestants had two hours to complete specifics tasks, and were judged on creativity, presentation, sales skills and how well the final designs met the given requirements.

“It’s a thrill to watch some of the best and brightest jewelers in our American jewelry industry create live "on the fly" in front of a crowd of their peers,” said Mark Loren, the event's emcee, as well as an award-winning designer and owner of Mark Loren Designs in Fort Meyers and Naples, FL.

“The pressure is immense and the camaraderie amongst the competitors was heartwarming. I thoroughly enjoy getting to meet the competitors, the vendors and the retail store owners and employees who stop by to gaze in wonder at the unfolding challenges.”

Though the designers were all so skilled that picking the best was difficult, that didn’t prevent the judges from enjoying the experience.

“I was amazed most by the range of the creative process,” says Bench Challenge judge Kate Peterson, president of Performance Concepts.

“In both the CAD and bench competitions, four brilliant people were given the same instructions and the same materials, and at the end of each challenge, we were presented with four wildly different interpretations -- each well suited to the task at hand, and each crafted to perfection.”

And for the artists themselves, competing at The SMART Show proved to be a great way to invigorate their artistic side.

“I had a blast! It was a great experience, and I've meet some great people,” said CAD contestant Luke Johnson. “I’ve been behind the jewelry bench and computer for so long that I started to feel a little disconnected from the rest of the jewelry world. So I was so happy just to get out and mix things up.”

CAD PRESSURE CHALLENGE CONTESTANTS

CAD 1, Overall Co-Winner: Craig Farley (FCF Jewelry Design, Roanoke, VA)
CAD 2, Overall Co-Winner: Kelsey Kudriavtseff (Green Lake Jewelry Works, Seattle, WA)
Luke Johnson (Arthur's Jewelers, Roseville, MN)
Brandon Justice (Stall & Kessler's Diamond Center, Lafayette, IN)

BENCH PRESSURE CHALLENGE CONTESTANTS

Overall Winner: Kelly Williams (K.W. Goldsmith, Minneapolis, MN)
Jacob Bauer (Bauer Jewelry Designs, Middleton, WI)
Kent Hufendick (Vierk's Fine Jewelry, Lafayette, IN)
Colin Skelly (Green Lake Jewelry Works, Seattle, WA)

Add a comment

White Pine Fine Jewelry Sees Growth in Revenues, Acquisitions

Less than a year after its launch, White Pine Trading’s Fine Jewelry division has experienced better-than-expected growth, according to Jeffrey Sadowsky, Vice President of Fine Jewelry Acquisitions, who heads the division.

“I’m pleased to announce that the Fine Jewelry division’s acquisitions and revenues have easily exceeded our initial projections,” said Sadowsky, who has more than 45 years of buying experience in the industry, including 16 years as Director of Acquisitions at GBC before joining White Pine.

“Since our May 2014 launch, we have purchased approximately $20 million of fine jewelry and estate jewelry, as well as branded and antique pieces. Individual items purchased have ranged in price from $500 to well over six figures.”

To expand its suite of services, White Pine -— one of the world’s largest recycled diamond companies —- created the Fine Jewelry division in May 2014 as a vehicle to acquire inventory at below-market prices from jewelry manufacturers and wholesalers around the country.

The division subsequently widened its acquisition activities to include estate and antique jewelry as well as in-store purchases from consumers, and is now considering retail going-out-of-business opportunities.

All goods are then marketed by the division’s team of seven experienced field salespeople to top independent retailers across North America, giving them access to a wide range of margin-boosting inventory.

The division’s recognition in the industry was underscored by the reception it received at the recent Hong Kong show, which Sadowsky described as “a great success from both a purchasing and vendor relations standpoint.”

White Pine recently enhanced the division’s sales team with the addition of Midwest representative Scott Pogofsky. Based in Chicago, Pogofsky brings more than 30 years of industry experience, specializing in higher-end diamonds and jewelry.

“Scott is a veteran sales consultant who has worked with some of finest jewelers and retailers in the world,” said Dominic A. Mainella, the division’s National Sales Director and Acquisitions Advisor. “He is a valuable addition to our team.”

Add a comment

Rosy Blue Upgrades Production Facilities to Sarine Systems

Diamond manufacturer Rosy Blue is upgrading its production facility with Sarine systems.

Sarine systems will be installed at Rosy Blue manufacturing facilities, replacing all inclusion mapping, rough planning, proportion measurement and grading equipment.

The broadened cooperation between Sarine and Rosy Blue underscores a mutual commitment to precision and excellence in diamond manufacturing.

Uzi Levami, Chief Executive Officer of Sarine, stated, "We are delighted that Rosy Blue has chosen to upgrade its production facility with Sarine systems.

Sarine's industry leading technologies are designed to advance the diamond manufacturing process to ever greater levels of quality and efficiency. Rosy Blue's decision to move to the exclusive use of Sarine systems may be the start of a broader cooperation further downstream."

Vishal Mehta, Director of Rosy Blue, commented, "At Rosy Blue, we strive at all times to maintain the integrity of our diamonds and the confidence of our customers. We have therefore chosen to rely on Sarine's technologies, reputed for their world leading precision, in the ongoing upgrades to our manufacturing facilities. Sarine's systems play an integral part in ensuring the consistent levels of quality, of which we at Rosy Blue are proud."

Add a comment

Richline Group Celebrates 50 Years of Berkshire Hathaway

In celebration of fifty years of Berkshire Hathaway, Richline Group has created a unique collection of commemorative jewelry especially for the May, 2015 shareholders meeting.

The exclusive products, which will only be available at the event, include a commemorative coin from the LeachGarner Division; a set of Berkshire Hathaway themed bangle bracelets from the newest acquisition, Chrysalis; and a smartwatch from distribution partner, Omate, which includes a Warren Buffett watch face.

Richline also partnered with the Cross Pen Company to create an engraved, 14K gold-filled commemorative pen especially for the event.

“Over the past few years, creating commemorative coins featuring Warren and Charlie has become an annual tradition for us,” says Richline CMO, Mark Hanna. “In honor of 50 years of Berkshire Hathaway, we’ve decided instead to create a single design—available in a choice of Fine Silver or 24K Karat Gold—honoring this extraordinary milestone.”

Richline Group’s President, Dave Meleski shares that, “Our Chrysalis brand is all about the physical expression of our personalities and our memories. Their commemorative set of stackable bangle bracelets, featuring both Warren and Charlie, is the perfect way to celebrate what Berkshire Hathaway means to all of us who attend the annual shareholders meeting.”

With regard to the special edition Lutetia watch from Omate, Richline CEO, Dennis Ulrich adds, “smart jewelry, including watches, is a growing priority here at Richline. We see this emerging category as one of the keys to our future. With this in mind, we partnered with our friends at Omate to create a cutting edge watch with a unique twist. Not only is it a sign of the bright future we see for both Richline Group and Berkshire Hathaway, but with its exclusive Warren Buffett watch face it’s quite a bit of fun.”

All three collectible, commemorative products, as well as the custom Cross pen, will only be available at the 2015 Berkshire Hathaway Annual Shareholders Meeting on May 1 and 2 in Omaha.

Add a comment

IDEX Online Polished Price Changes – April 30, 2015

by Danielle Max

There were plenty of changes this week, many of them positive. There were more negative price drops in the smaller rounds, with declines of up to 4 percent.

Fancy cuts saw fewer changes, with just a couple of categories heading downwards. Generally, prices increased between 2 and 3 percent.

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

Rounds

  • 0.18-0.22 cts G / IF down 3%
  • 0.23-0.29 cts K / VS1 up 4%
  • 0.30-0.39 cts changes including D-G / I1 down 3-4% and D / VS2-SI2 up 2%
  • 0.40-0.44 cts changes including E / VVS2 up 3%, H / VVS2+ up 4% and J / VS1 up 2%
  • 0.45-0.49 cts E/ VVS1 and VS1 and K / VVS1-2 up 3%
  • 0.50-0.69 cts D / I1 down 2%, K / I1 down 4%, N / VVS1 down 3% and J-K / VVS1-VS2 up 2-4%
  • 0.70-0.79 cts changes including G / VVS1 and VS2 up 1%, H / IF up 3% and L / VVS1 up 2%
  • 0.80-0.89 cts I / VVS1 up 3.5% and K / VVS2 up 4%
  • 0.90-0.99 cts D / SI2 up 4%, H / IF up 2.5% and J / SI2 up 3%
  • 1.00-1.24 cts some positive changes including K-L / SI1 up 2-3%
  • 1.25-1.49 cts changes including D / VVS1 and E / IF up 3%
  • 1.50-1.99 cts changes including E-G / VVS1 up 1-3% and E-F / SI2 up 2-3%
  • 2 cts some changes, all positive, including  E / VVS1 up 3% and M / VVS1+ up 3%
  • 3 cts G / IF up 3%
  • 4 cts F / VS2 down 3% and G / VS1 up 2%
  • 5 cts K / SI1 up 3%

Fancy Cuts

  • 0.18-0.22 cts D / VVS2+ down 3% and H / VS1 up 6%
  • 0.23-0.29 cts G / VS2 up 4%
  • 0.30-0.39 cts changes including D-F / VVS2+ up 2-4% and D-E / SI1 up 3%
  • 0.40-0.44 cts changes including E / VS1 up 2% and I / VVS1 up 3%
  • 0.45-0.49 cts D / VS2 up 2%
  • 0.50-0.69 cts many changes including D-I / VVS2+ and D-E / SI1-SI2 up 2-4%
  • 0.70-0.79 cts changes including D-I / VVS2+ up 1-3%
  • 0.80-0.89 cts changes including H-I / VVS1-VS1 up 3-3.5%
  • 0.90-0.99 cts many changes including D-E / VVS1 up 2.5-3% and H / VS1+ up 2-4%
  • 1.00-1.24 cts D-K / VS2+ up 1-3%
  • 1.25-1.49 cts changes including F / IF up 3%, I / VVS1 and S / I1 up 2%
  • 1.50-1.99 cts changes including D-I / VVS1+ up 3-3.5% and I-J/ VS2-SI2 up 2 4%
  • 2 cts changes including E / IF up 3% and F-J / VS1+ up 2-3%
  • 3 cts no changes
  • 4 cts E / VVS1 down 3%
  • 5 cts K / VSI up 3%
Add a comment

WDC President Speaks at Dubai Diamond Conference

Edward Asscher, president of the World Diamond Council, was an opening session speaker at the Dubai Diamond Conference held on April 21 and 22 at the Almas Tower, Jumeirah Lakes Towers, Dubai, UAE.

The list of speakers included the former president of the European Union, Herman Van Rompuy, and the Kimberley Process 2015 Chair, Bernardo Campos of Angola, among others.

In his speech, Asscher explained the tri-partite composition of the Kimberley Process, whose members and observers include the governments and agencies of diamond producing and trading countries, representatives of NGO’s, collectively known as the Civil Society Coalition, and the WDC, which is representative of all sectors of the diamond industry.

He also stated that the industry could be proud that “the largest majority of diamond companies are totally compliant and transparent.”

Asscher spoke of the challenges to the Kimberley Process Certification Scheme, including the need to focus on a level playing field of KP rules and procedures in order to avoid diamonds entering the market through the weakest link in the diamond pipeline.

The tasks of the KP are accomplished through the work of the various KP committees, including the Working Group on Monitoring, the Working Group on Statistics, and the Working Group of Diamond Experts. The WDC has representation on all committees of the KP.

In conclusion, Asscher said: “(T)he industry is in good shape and we can be proud of it and its participants. There are a few exceptions, and as an industry we should purge those who tarnish our image. But those are the exceptions in an otherwise fantastic industry with a brilliant future.”

Add a comment

Million-Dollar Yehuda Diamond Sparkles at TV Series Party

At the Premier Party for Bravo TV reality series, “Million Dollar Listings New York,” a million dollar pendant created by Yehuda Diamond New York was worn by Emilia Bechrakis (C). She is engaged to the star of the series, Ryan Serhant (L). Also in the photo is Desiree Nemati of Yehuda Diamond Company.

A custom-designed 18.18ct. diamond pendant from Yehuda Diamond was featured at the recent premier party for the Bravo reality television series, “Million Dollar Listing New York.” The cushion-shape center stone, which is worth $1 million, was worn by Emilia Bechrakis, who is engaged to Ryan Serhant, one of the stars of the show, which debuted in 2012. Yehuda Diamond designed the pendant for the event.

Add a comment

Goldman Partners with ion+radarworks

Frederick Goldman Inc. has signed a partnership agreement with ion+radarworks, a rapidly growing integrated marketing agency, to create a prominent and engaging online presence for their ArtCarved and TRITON brands.

Frederick Goldman enlisted ion+radarworks to develop individualized social strategies for both the ArtCarved and TRITON brands, with the mission of engaging consumers with identifiable content that focuses on experiences, community, and personalization.

This shift of focus on social and digital programs offers ArtCarved and TRITON retail partners improved solutions to reach consumers by leveraging the brands’ shareable content and further drive traffic to their sites and stores.

“We thoroughly understand that the marketing landscape has changed immensely and we will continue to change with it. As thought leaders ourselves, we look forward to this tremendous opportunity to explore new and emerging media,” said Robin Ettinger, chief marketing officer for Frederick Goldman Inc.

“ion+radarworks brings groundbreaking ideas and proven results to everything they do. Their experience working with fashion, beauty, as well as technology brands will give us a fresh perspective on social and digital marketing.”

ArtCarved will primarily focus on establishing campaigns across multiple social platforms including Facebook, Instagram, and Pinterest, while TRITON will launch a brand new presence on both Facebook and Instagram, utilizing partnerships with online influencers to expand consumer awareness.

“Partnering with Frederick Goldman on the development of integrated campaigns for ArtCarved and Triton is a particularly exciting opportunity for our organization,” said David Henderson, executive vice president for ion+radarworks. “Through a mix of story-led social content, retail and influencer marketing, we will be able to engage and appeal to consumers shopping for their engagement rings and wedding bands.”

ion+radarworks is an independently owned, integrated marketing agency that focuses on story-led, experiential content. Their experience with social campaign creation and creative brand development has led to successes with companies that include Microsoft, AT&T, Elizabeth Arden, Ralph Lauren and Sony.

Add a comment

Jewelry Shines at the Jewelers of America Fashion Show at AGS Conclave

Jewelers of America produced the Jewelers of America Fashion Show at American Gem Society Conclave in front of a standing-room-only crowd of AGS Conclave attendees.

Jewelry lit up the runway during the fashion show that combined clothing from esteemed New York fashion designer Carmen Marc Valvo with the fine jewelry of 27 jewelry brands. The Fashion Show took place on Wednesday, April 22, at the New Orleans Marriott.

In addition to wearing the suppliers’ jewelry during the fashion show, each supplier-dedicated model was on hand for the AGS Supplier Showcase reception where retailers were able to get up-close look at the jewelry and pose for photos.

“Jewelers of America was proud to partner with AGS to produce our fifth consecutive Fashion Show for AGS Conclave. Our team is committed to producing a high-caliber show that lets the jewelry shine in its best light. The energy in the room was very high this year and it carried through to the networking reception that allowed the retailers and suppliers to connect with one another,” says JA President & CEO David J. Bonaparte.

The following jewelry designers showcased their jewelry on the runway: American Gem Trade Association;
ASBA USA Inc.; ASHI Diamonds LLC; Corona Jewellery Company Ltd.; COUTUREMARK™ by VIP Diamond; David Mor; Efva Attling Stockholm; Entice by Martin Flyer; Forevermark US, Inc.; Goldstein Diamonds; Harout R; Hearts On Fire; Joshua J. Fine Jewelry; Julius Klein Group; JYE Luxury Collection; Le Vian®; Lika Behar Collection; Mastoloni; McTeigue NY 1895; Precision Set; Real Gems, Inc.; Reuven Kaufman; Ritani; Roberto Coin Cento Collection; Simon Golub, Inc.; Supreme Jewelry and Vivaan.

Add a comment

Gem-A Releases the Latest Journal of Gemmology

The Gemmological Association of Great Britain has released the latest issue of its academic publication, The Journal of Gemmology, in collaboration with the Swiss Gemmological Institute SSEF and with the support of the American Gemological Laboratoriesband the Gem and Jewelry Institute of Thailand.

The current issue (Vol. 34, No. 5, 2015), released on 25 April 2015, is packed with a wide array of new content, covering the latest news and research from the international gemological community.

The issue features the articles: “The Potential of a Portable EDXRF’ (by Franz A. Herzog); “Green Lead-Glass-Filled Sapphires” (by Thanong Leelawatanasuk, Namrawee Susawee, Supparat Promwongnan and Nicharee Atsawatanapiro); “Demantoid from Balochistan, Pakistan: Gemmological and Mineralogical Characterization” (by Ilaria Adamo, Rosangela Bocchio, Valeria Diella, Franca Caucia and Karl Schmetzer); and “Nail-head Spicules as Inclusions in Chrysoberyl from Myanmar” (by Karl Schmetzer and Michael S. Krzemnicki).

In addition to this collection of articles, The Journal also delves into “What’s New” in the industry by highlighting the GL Gem Spectrometer, the Presidum Gem Indicator, GIT lab updates, and newsletters from the Gem Testing Laboratory (Jaipur, India), GGTL and ICGL, along with a look at global gold demand trends, the latest edition of Geoffrey Dominy’s “Handbook of Gemmology” (3rd edition), pink and blue CVD synthetic diamonds and a free coloured stone app. Furthermore, the issue features detailed listings of upcoming conferences, exhibits and other educational events to further the professional development of its readers.

Discussing the latest issue of The Journal of Gemmology, editor-in-chief Brendan Laurs stated: “With this issue of Volume 34, we begin the second year of the redesigned Journal of Gemmology. From laboratory research to field studies, this issue highlights much of interest to the international gemmological community, particularly in the areas of new gem materials, technology and treatments.”

All Gem-A members receive hardcopies and online access to quarterly editions The Journal of Gemmology and Gem-A’s other publication Gems&Jewellery, along with a whole host of other features and benefits, for just £135 a year. In addition, The Journal also is available by direct subscription to institutions. For more information on how to sign-up and get your copy, visit the Publications section of Gem-A’s website, where you can also sign-up for the Journal’s mailing list.

Add a comment

Bill Farmer Receives Shipley Award at the 2015 Conclave

Bill Farmer, CGA, co-owner of Farmer’s Jewelry, is the recipient of the American Gem Society’s Robert M. Shipley award.

AGS members presented him with the award at their annual Conclave in New Orleans, LA on April 24.

Farmer received the award based on his expertise and commitment to his community and the jewelry industry, and because of his outstanding service to the American Gem Society.

“I’ve had the pleasure of working with Bill for many years, and I am so happy for him,” said Ruth Batson, CEO of the American Gem Society and AGS Laboratories.

“He has demonstrated his dedication to the ethical standards of the American Gem Society through his professional career and his volunteer service.”

Farmer has been a hard-working and devoted advocate of the American Gem Society, having served as AGS President from 2002-2004. During his many years of leadership at AGS, he was actively involved in the Young Titleholders Committee and served as Chair of the Conclave Committee. After his term as President, he served additional terms on the American Gem Society Board as Chair of the Membership Committee.

A great supporter of the jewelry industry, Farmer was inducted into the National Jeweler’s Hall of Fame in 1993. He has served for eight years on Jewelers of America’s Board of Directors. This past July, he was elected as JA’s Board Chairman. Farmer also served two terms as President of the Kentucky Jewelers Association.

For more information regarding the American Gem Society, visit www.AmericanGemSociety.org.

Add a comment

The American Gem Society Announces Additional Award Winners

The American Gem Society presented several awards at their annual Conclave on April 23 and 24.

Denise Chislett, CG, of Underwood’s Jewelers, is the recipient of the first annual Young Titleholders Award, given at the Titleholder’s lunch on April 24.

The award is presented to a young titleholder who has contributed greatly to the committee and the society as a whole.

Lisa Bridge, CG, and Anna Samsonova, CGA, Co-chairs of the Young Titleholder’s Steering Committee presented the award to Ms. Chislett. “Denise has set the bar quite high for future contenders. The group has been successful in large part because of her,” said Lisa Bridge.

On April 24, at the annual Shipley luncheon, the Society awarded the Sallie Morton award to Doug Hucker, CG, CEO of AGTA. The award is given in recognition of individuals who have gone over and above in their service to the AGS Guilds each year.

Sallie Morton, ECG, was very instrumental in developing and promoting the AGS National Guilds.

“2014 was the year of Guilds & Color. Doug Hucker was tireless and generous with his time in helping to support many of our fledgling guilds, as well as visiting several established cities. We feel like his support has kept our momentum going into 2015 and into the future,” said Laura Stanley, CGA, Chair of the AGS Guilds.

Stanley also presented the Guild of the Year award to the Arizona Guild. “All of our guilds keep raising the bar on interesting and relevant programs,” said Stanley.

“This year, our amazing Phoenix guild has brought in star quality like Doug Hucker, Campbell Bridges, and Judy Evans. Their crowning achievement is a calendar featuring gems from Arizona! President Catherine Fitzgibbon really outdid herself.”

Finally, Louis Smith, President of the American Gem Society, presented the first-ever John J. Kennedy award. This award was named after Kennedy as a tribute to his leadership in the Jewelry Security Alliance, and for his advocacy and service to the security of the jewelry industry.

The award is given to a law enforcement professional who has gone above and beyond to help members of the jewelry industry protect their stores and their teams from theft and other criminal activity. This year’s recipient was FBI Special Agent Daniel McCaffrey.

“Special Agent McCaffrey has been tireless in his efforts to protect our industry,” said Smith. “He has spoken at Guild meetings, spent time with jewelers and worked on his off-time to help protect jewelers. He is most deserving of this award.”

Of the award being named after John J. Kennedy, Smith noted, “It’s fitting that we named the award after Mr. Kennedy. He is the utmost authority on security in our industry and highly regarded among his peers.”

For more information regarding the American Gem Society, visit www.AmericanGemSociety.org.

Add a comment

IDEX Online Polished Price Changes – April 23, 2015

by Danielle Max

There was quite a bit of movement in polished diamond prices this week, both positive and negative.

Smaller sized rounds saw the greatest number of price declines, hitting as much as 5% in certain categories. Larger sized round stones saw prices heading upwards.

When it came to fancies, the picture was more positive with price declines evident in only a few limited categories.

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

Rounds

  • 0.18-0.22 cts D / VVS1, H / IF and I / VVS1 down 2-3% G / SI1 up 4%
  • 0.23-0.29 cts D-E / IF and I / VS1-2 down 3-4% H / SI2 and K / VVS2 up 4%
  • 0.30-0.39 cts positive changes such as D / VS2-SI2 and E-G / IF-VVS2 up 2-4%
  • 0.40-0.44 cts changes such as E-F / VVS2+ up 3% and J / VVS1-SI2 up 2%-3%
  • 0.45-0.49 cts D / SI3-I3 down 2-5% and E-F / SI3 down 2-3%
  • 0.50-0.69 cts E-K / VVS1-VS2 up 2-4%, J / I1 down 3%
  • 0.70-0.79 cts changes such as D / VS2-SI2-I3 up 2-3% and F-G / VVS2 up 1-2%
  • 0.80-0.89 cts D and J / IF up 3%, K / VVS2 and L / VVS1 up 2%
  • 0.90-0.99 cts a number of changes including E-H / IF and D-F / VS1 up 3%
  • 1.00-1.24 cts many positive changes including E / VVS1-2 and G-I / IF up 2-3%
  • 1.25-1.49 cts F / VS2 up 3.5%
  • 1.50-1.99 cts many price rises including E-F / VVS1+ and G-I / VVS2 up 3%
  • 2 cts changes including E / IF and VVS2 up 3% and L-N / VS2-SI2 up 3-4%
  • 3 cts G / IF up 3%
  • 4 cts G / VS1 up 3%
  • 5 cts K / SI1 up 3%

Fancy Cuts

  • 0.18-0.22 cts D / VVS2+ down 3%
  • 0.23-0.29 cts no change
  • 0.30-0.39 cts D / VVS2 + and SI2 up 2-4%, E / VVS1 and F / IF up 4%
  • 0.40-0.44 cts D / VS2 and E / VS1 up 2%
  • 0.45-0.49 cts D / VS2 up 2% and E / VVS2 up 4%
  • 0.50-0.69 cts D-I / VS2+ up 2-3%, D and F / SI2 up 2-4%
  • 0.70-0.79 cts changes including D-E / IF up 3% and D / VS2-SI2 up 1-3%
  • 0.80-0.89 cts D / IF up 3%, F-H / VVS1-VVS2  up 1-3.5%
  • 0.90-0.99 cts changes including D-I / VVS1 up 1-3.5% and D-G / SI1 up 2-4%
  • 1.00-1.24 cts many changes including D / VS1+ up 2-3% and K / VS2+ up 3%
  • 1.25-1.49 cts D / SI2 down 3%, D / IF and K / VS1-SI1 up 3%  
  • 1.50-1.99 cts many changes including E-I / IF up 2-3% and I-K / VS2 up 2-4%
  • 2 cts changes including E / SI1+ and G / SI1+ up 3%
  • 3 cts no change
  • 4 cts H / VS2  up 3%
  • 5 cts  D / VS2-SI2 down 3%, L / SI1 up 3%
Add a comment

Indo-US Business Development Conference Set for Chicago

An Indo-US Business Development Conference will be held at Hyatt Regency O’Hare in Chicago from April 30-May 3.

The objective of the conference is to help increase business between the two primary supply chain partners, the U.S. and India, specifically keying in on new customer acquisition through focusing on underdeveloped retail segments.

The conference will seek to introduce Indian jewelry manufacturing entities to mid-sized national and regional retail chains and the larger jewelry-buying organizations representing groups of key independent retailers.

It will primarily assist Indian exporters to get a firsthand experience of the local jewelry preferences and help U.S. retailers build new sourcing relationships in the jewelry segment.

The purpose of the BDC is to reinvigorate, strengthen and expand GJEPC’s business development efforts and build trusted relationships between India’s key jewelry industry companies and individuals and their counterparts in American markets.

The conference will let both groups listen to important and relevant keynote topics presented for thoughtful discussions between the global colleagues as they work to build new and profitable economic bridges and enhance personal relationships.

Participants will hammer out new and better ways to work together in all aspects of the gem and jewelry trade, including manufacturing, design, production, gem and jewelry material acquisition and retail marketing.

The BDC will share information about the Council’s “Buyer/Seller Matching Initiative,” and showcase the beauty, artistry and production values of Indian jewelry.

Add a comment

Diamond Empowerment Fund Launches Diamonds Do Good Campaign

The Diamond Empowerment Fund has launched its Diamonds Do Good initiative, in which the good works of the diamond and jewelry industry are directly connected with consumers.

The epicenter of this effort is diamondsdogood.com and its accompanying social media platforms (Facebook, Twitter, Instagram and YouTube).

Both the website and social media presence acknowledge the aggregate ongoing good of the global diamond and jewelry industry through personal stories.

Offering a real-time interactive repository of the collective good works and impacts of the industry on communities where they do business, retailers are encouraged to share their own individual stories of giving back with the Diamond Empowerment Fund.

Materials developed for use by retailers include the following:

  • The "We Support Diamonds Do Good" seal – made into a window cling for display on storefront windows and for digital/website use, clickable back to diamondsdogood.com
  • Sales associate training materials on the Diamonds Do Good message
  • Digital brochure on D.E.F's Diamonds Do Good mission
  • 12-month digital content calendar for retailers' social media
  • Counter cards
  • One-page customer brochure

For more info about the Diamond Empowerment Fund and/or the Diamonds Do Good Initiative, contact Nancy Orem Lyman at n.lyman@diamondempowerment.org.

Add a comment

Lab Grown Diamonds Unveils World’s Largest Lab-Cultivated Diamond

During the 45th annual Earth Week, Pure Grown Diamonds unveiled the world's largest diamond growing greenhouse and the world's largest lab-cultivated diamond – an achievement, it said, that will help decrease dependency on destructive diamond mining, which is responsible for collapsing eco-systems, disintegrating wild habitats, a century of workers' rights violations and bloody armed conflicts sparked by greed.

"Our physicists have perfected the laboratory process of replicating the Earth's natural crystallization of carbon into alluring, scintillating, sizeable diamonds for the luxury jewelry, engineering, high-tech, precision-cutting instrument and semi-conductor industries," said Pure Grown Diamonds President and CEO Lisa Bissell.
"Pure Grown Diamonds are indistinguishable from mined diamonds, even under a microscope, yet they cost 30 to 40 percent less," she noted.

"Diamonds are a girl's best friend but diamond mining is Mother Earth's enemy," Bissell continued. "We have unlocked the code that will help spare the Earth from further damage and solve the dilemma of rapidly depleting diamond mines."
Academy Award winner Patricia Arquette previewed the record-setting lab-cultivated diamond in Hollywood at a pre-Oscar soirée. It is a 3.04 carat, near colorless diamond – priced at $23,000 compared to an identical earth-mined diamond selling for more than $40,000.

"This is a lab-created diamond, which means there is no blood involved in this diamond," exclaimed Arquette. "It is especially beautiful because no children died for this diamond. There were no slave wages paid for this diamond. There was actually a working wage paid to create this diamond. And, that's about love."
Pure Grown's diamond-growing greenhouse is forecast to yield 350,000 carats in 2015. In 2014, 300,000 carats were harvested from the one-of-its-kind, 200,000-square-foot, $150 million facility. It is owned and operated by Pure Grown Diamonds' Singapore sister company, IIa (2a) Technologies, Pte, Ltd.

Singapore's Deputy Prime Minister Tharman Shanmugaratnam publicly opened the diamond greenhouse several weeks ago.
The United States Federal Trade Commission has concluded that these diamonds have the same chemical, optical and physical properties as mined diamonds, according to Bissell.

Pure Grown Diamonds are available at 147 U.S. jewelry stores in 31 states, the District of Columbia and online at www.PureGrownDiamonds.com.

A one-carat Pure Grown Diamond sells for as little as $3,000. A similar mined diamond sells for more than $5,000.

Add a comment

Rebecca Taylor and Melissa Joy Manning Collaborate on Collection

A shared passion for travel, culture, and art created an immediate connection between Rebecca Taylor and Melissa Joy Manning, inspiring them to collaborate on a capsule collection of jewelry for Summer 2015.

The collection of jewels combines Rebecca’s refined, feminine aesthetic with Melissa’s unusual and contemporary designs. Rebecca’s skill of layering soft with structure is perfectly balanced with Melissa’s use of recycled metals and a soft color palette of locally sourced stones.

While the stones used in the collection are classic to the Melissa Joy Manning line, the Rebecca Taylor X Melissa Joy Manning collection encompasses a unique combination of Pink Tourmaline, Turquoise, Aquamarine and Pyrite.

The Rebecca Taylor X Melissa Joy Manning collection ranges in price from $140 to $625 and will be available in July at all Rebecca Taylor boutiques and RebeccaTaylor.com

Add a comment

Pac Team Group Names Dieter Pasewaldt Worldwide CFO

Pac Team Group, a manufacturer of luxury displays, packaging and exhibition solutions, has named Dieter C. Pasewaldt as its new worldwide chief financial officer.

“With offices and facilities across the globe and a need for them to all work together seamlessly, it is vital that our group governance be made up of the highest calibre individuals,” said Alain Borle, Pac Team CEO. “Mr. Pasewaldt’s professional experience and reputation make him the perfect addition to our team and we are thrilled to have him on board.”

Pasewaldt brings over 25 years of global financial and operational experience to the position with an excellent record of results with growth-oriented public and private companies in the branded fashion industry. Most recently he served as vice president of finance at Kenneth Cole Productions and previously as its corporate controller.

Prior to that, he was employed as a Certified Public Accountant at Ernst & Young within its Retail and Apparel Audit Group.

Pasewaldt holds a B.B.A and M.B.A from Pace University in New York. He is a member of the American Institute of Certified Public Accountants and is a Chartered Global Management Accountant.

“We are very excited to welcome Dieter into our group. His experience within entrepreneurial organizations during significant periods in their growth will be a great complement to our company’s leadership,” said Pac Team President Eric Zuckerman.

Add a comment

Responsible Jewellery Council Meets in Mumbai

The Responsible Jewellery Council held its annual general meeting in Mumbai last week.

The Gem and Jewellery Export Promotion Council (GJEPC) and Bharat Diamond Bourse joined the RJC as co-hosts to present India’s diamond and jewelry industry to a global audience during this major event. In doing so, the GJEPC recognized the importance of the RJC in the development and certification of responsible supply chains in India, especially for major export markets.

This was the first RJC AGM and conference to be held outside Europe, and marks a major milestone in continuing efforts to bring the message of responsible business practices to India, a global leader in diamond and jewelry manufacturing and sales. The RJC delegation was accompanied by GJEPC and BDB on visits to several companies in Surat, focusing on diamond cutting and polishing, as well as jewelry manufacturers in the SEEPZ in Mumbai.

Over a three-day series of events, including the AGM, conference sessions, factory visits and a gala dinner, leading members of the Indian and international industry exchanged views.

Senior industry, U.S. government representatives and civil society experts also participated. In recognition of the role of civil society, the RJC Executive Committee appointed its first member from civil society, Estelle Levin of Estelle Levin Ltd., who was formally appointed co-chair of the RJC Standards Committee.

“The GJEPC was pleased to co-host this important event along with the BDB. We recognize that the RJC provides one of the most effective ways for our members to show they take responsible business practices seriously in order to build confidence with international markets for our products,” said Vipul Shah, the chairman of the GJEPC.

“We look forward to working more closely with the RJC to accelerate the progress achieved over the last two years, which will further help promote RJC membership to our members. This is an integral part of securing the long-term future for an incredibly successful industry.”

The events highlighted how the Indian manufacturing sector has significantly benefited from an industry-led global compliance standard like the RJC to meet export market expectations as well as to retain skilled workers as a way of improving quality and productivity.

“We invited the RJC to hold this event in India so we could unleash the power of collaboration to create exciting long-term opportunities for the Indian diamond and jewelry industry,” said Anoop Mehta, BDB president. “I am pleased to say that our expectations have been exceeded and this event has built trust and commitment to strengthen our partnership with the RJC.”

The RJC has made significant progress in India, especially over the last two years, and is committed to working with Indian industry and institutions to fully integrate with this key market. As a key part of this increasing commitment to India, the RJC earlier this month announced the appointment of Kinjal Shah as country head, India.

“India remains a strategic priority for the RJC,” said James Courage, RJC chairman. “We thank our co-hosts, the GJEPC and BDB, and all the other international and Indian participants that made this event such a success. The RJC is delighted that this event has strengthened our relationship with the GJEPC and BDB to work together for the future success of the Indian diamond and jewelry industry."

The three organisations – GJEPC, BDB and the RJC - play unique and complementary roles in ensuring long-term growth, success and confidence in this industry.

The GJEPC has been successfully promoting the Indian diamond and jewelry industry and exports and recognizes that future success requires Indian exporters to meet evolving quality expectations and regulations in export markets.

Responsible business practices are an increasingly important part of retailers’ and consumers’ expectations.

The GJEPC emphasizes the role of numerous SME manufacturers in India, and the requirement to discuss the creation of an effective platform in conjunction with the RJC.

Add a comment

Rembrandt Charms on the Offensive Against Counterfeiters, Copyright Infringers

Rembrandt Charms has settled a federal court lawsuit against JKM Enterprises (d/b/a Charms Plus) to the satisfaction of both parties.

The lawsuit alleged infringement of Rembrandt Charms’ registered copyrights in its jewelry designs.

"We are pleased to announce this settlement,” stated Chris Lux, president and chief executive officer of Rembrandt Charms.

“Copyright infringement severely damages brand owners and consumers alike. We take these issues very seriously and over the years have gone after numerous companies and individuals that have violated our rights.

We are continuing to monitor the marketplace and take action against businesses that infringe our valuable intellectual property. In appropriate cases, we seek a wide range of relief including money damages, destruction or surrender of infringing jewelry, disclosure of the names of manufacturers and related parties, and a court injunction."

Rembrandt Charms is a manufacturer of charms and charm bracelets. Authentic Rembrandt Charms merchandise can only be purchased through Rembrandt Charms or authorized retailers. Visit RembrandtCharms.com or call 1-800-828-7840 for more information.

Add a comment

Dates Set for India International Jewellery Show

India’s Gem & Jewellery Export Promotion Council has announced the annual India International Jewellery Show will take place Aug. 6-10.

This year, the show has expanded to 1100-plus exhibitors and 2000-plus booths by introducing 200 new booths and 175 new exhibitors, of which 50 companies will be dealing in studded jewelry, 70 companies in plain gold jewelry and 50 companies in loose stones. The GJEPC is set to achieve 25 percent growth in exhibitors and 11 percent growth in booths.

GJEPC vice chairman Pankaj Parekh commented: “I am glad to announce that IIJS 2015 will eventually cater to the longstanding demand of the industry and trade. With structural modification and expansion we are now set to accommodate 175 new companies at the show. Like each year, GJEPC will continue its efforts to promote the gem and jewelry industry in the forefront through IIJS 2015. It is by far one of the largest trade shows in Asia and we are confident about sustaining this position.”

Nirav Bhansali, convener – National Exhibition Sub Committee of the GJEPC, said: “One of the significant features of IIJS 2015 is the 25 percent growth in exhibitors and 11 percent increase in booths. Keeping in mind the premium nature of the show, we are working towards getting leading national and international buyers. This year, the show hours have been extended by one hour which in return will increase footfalls by 10 percent.

“This year we are focusing on a specific target audience who are relevant to the gem and jewelry industry. Since the industry is going through some tough times, we are hoping that IIJS 2015 will help in generating new businesses,” he added.

The key highlights of IIJS 2015 are:

New Sections

Keeping in mind the convenience of buyers, new sections have been introduced so as to segregate the products/services.

  • Laboratories & Education
  • Synthetics & Simulants

Re-Location of Sections

The original floor plan has been maintained by making temporary modifications in the halls while open spaces within the premises are being converted in temporary halls. These changes have been made to keep the exhibition floor product centric, ease of navigation and improve services & facilities.

  • International Loose Stones
  • Allied/Laboratories & Education

Existing location exhibitors have the choice to give away partial space and in exchange, keep their current location.

Additional Connectivity and Entry Points Inside Halls

To improve inter-connectivity between walls and easy navigation, a new walkway has been put up at the rear side of the walls. In addition, a new entrance has been constructed to ensure that the entries inside the halls are accessible from the Open Bay area.

Extended Show Hours

To make it easier for the exhibitors and visitors, the business hours have been extended during evening time. The show will now be open from 10.00 am to 7.00 pm.

Re-Location of Central Cafeteria

A big multi-cuisine cafeteria has been set up next to the halls to cater to the requirements of exhibitors and visitors.

Road Shows to Mobilize National Trade Visitors

In a bid to mobilize national trade visitors, roadshows in 150-pluslocations across the country will happen from Apr. 15 to June 10 with encouragement from over 35 local trade associations. It is anticipated that around 35,000 national trade visitors will be present from over 800 cities and towns across India.

Makeover of Elite Club

The Elite Club including large and medium retailers will undergo a 360-degree makeover and will now comprise top buyers from tiers I, II & III centers from across India.

Road Shows to Mobilize International Trade Visitors

Road shows will be held in the U.K. and China to muster delegation-level visits and mobilize international trade visits.

Hospitality Package for International Buyers

An all-encompassing hospitality package including two-night stays will be offered to 500 chosen international buyers from different markets.

Add a comment

IPromise Jewelry Launches New Bracelet Line

Karen Rosengart, the diamond melee specialist behind IPromise Jewelry by KarenR, has formed a strategic partnership with the Junior Diabetes Research Foundation to help raise awareness for this childhood disease, which affects 15,000 children nationally.

IPromise Jewelry has developed a line of bracelets that the local chapters of the JDRF can partner with local jewelers in their area to purchase in fundraising events. IPromise will donate money to the JDRF.

The IPromise JDRF Blue Diamond Bracelet is set with four blue diamonds. Inside, the bracelet is engraved with the promise of “Peace, Hope, Cure.”

From each bracelet sold, $20 is donated to fund JDRF’s efforts to bring those living with T1D a continuous flow of life-changing therapies and, ultimately, a cure for the disease. IPromise we can work together to create a world without Type 1 Diabetes.

For each IPromise JDRF Leather Charm Bracelet bracelet sold, $5 is donated to fund JDRF’s efforts to bring those living with T1D a continuous flow of life-changing therapies and, ultimately, a cure for the disease. The JDRF and the IPromise logos’ are on the front of the charm and has the message “Peace, Hope, Cure” on the reverse.

The bracelets are made in the U.S. They will be featured and sold at http://www.IPromiseJewelry.com where you can also find the original 12 IPromise bracelets engraved with “I Promise” on the surface and unique meaningful sayings on the inside.

Add a comment

SBA Names Minnesota Jewelers Among Small Business Persons of the Year

Jim Kruse, founder and Melissa Kelley, president, of J.F. Kruse Jewelers in Saint Cloud, MN, have been named the Minnesota Small Business Persons of the Year by the U.S. Small Business Administration.

Gail Ivers, vice president of the St. Cloud Area Chamber of Commerce and Barry Kirkhoff, executive director of the Central Minnesota Small Business Development Center (CMSBDC) at St. Cloud State University in St. Cloud, MN, nominated Kruse and Kelley for this award.

As a teenager, Jim Kruse discovered a talent for sales while potting plants at a greenhouse in St. Paul. In 1979, he was hired at D.J. Bitzan Jewelers in St. Cloud as a bench jeweler and trained as a diamond setter. However he soon found himself in sales there as well. Jim made the decision to change careers due to unforeseen family struggles and turned to construction. But a workplace injury resulted in cracked ribs and the need to find another way to make a living for his family.

Jim returned to jewelry as a diamond setter but began making his own creations and selling them on the side. In 2000 he opened J. F. Kruse Jewelers at the urging of friends and customers. The store started with two full-time (Jim and his sister) and two part-time employees and did $200,000 in sales in its first quarter.

J. F. Kruse Jewelers made use of the SBA 7(a) program in the early years. From 2000 to 2003 it received three different loans to help with the start-up of their business. All of them have been paid off. They received assistance in 2011 and 2012 from the CMSBDC in St. Cloud with their expansion.

Customer service and the dedication to custom jewelry are two things that stand out about J. F. Kruse Jewelers. They are the only custom jewelry store in Central Minnesota that can create a piece in-house from start to finish and sell it retail.

Customers can walk into the store, talk to the staff about what they like, and the staff of artists can create the design, create a wax carving of it, make the piece and adjust it until the customer loves it.

In 2013, J. F. Kruse doubled its size with a new store on Waite Avenue in St. Cloud. Jim was joined in the business by his daughter, Melissa Kelley, 29, who started cleaning the toilets at the store while she was still in junior high school. Today she has a degree in business, is a graduate gemologist, and has taken over ownership of the business, while Jim retired in January.

J.F. Kruse Jewelers takes advantage of their focus on custom jewelry for special types of fundraising. One third of the profits from a special line of jewelry, known as the “Becoming” series, are donated to a revolving list of charities that help deal with crisis pregnancies.

Currently they are working with the St. Cloud Children’s Home to develop a similar philanthropic plan. The store often donates jewelry and gift certificates to raffles with a particular focus at raising money for sick individuals and families hit by disaster. In general, they make in-kind donations to local families and community organizations every week.

J.F. Kruse Jewelers started with nothing to supporting 17 employees and continues to increase their customer base every month. Sales have increased by 7 percent each year since opening the door.

J.F. Kruse Jewelers will be honored at the Minnesota Small Business Week Awards program on May 7 at the Minneapolis Marriott Northwest.

Add a comment

JA Offers Certification Exams at SMART Show, Three Others

Jewelers of America will be offering JA Sales and Management Professional Certification exams at four upcoming trade shows.

The prestigious certifications – open to all jewelry professionals – can advance the careers of jewelry sales associates and managers, differentiate the retail store from competitors and enhance fine jewelry customers’ trust in the jewelry professional.

“In today’s competitive landscape, we are striving to make it easier for jewelers to get the valuable tools they need to gain consumer confidence and keep the jewelry industry vibrant and healthy,” says JA President & CEO David J. Bonaparte. “I strongly encourage retailers to get their staff certified. The benefits from Jewelers of America Professional Certification will far exceed the minimal amount of time and small monetary commitment put into the exam.”  

The Jewelers of America Professional Certification program establishes national standards with two-hour exams that evaluate the proficiency of jewelry professionals at two levels. There is no studying required for the exams in both jewelry sales and management – the certification attests to the existing expertise of the sales or management professional. Those who register in advance to any of the exams listed below save $10 off the exam fee of $35 for JA members and $55 for non-members. Register here.

EXAMS OFFERED ONSITE

  • JA Certified Sales Professional (CSP) – First Level
  • JA Certified Senior Sales Professional (CSSP) – Second Level
  • JA Certified Management Professional (CMP) – First Level
  • JA Certified Senior Management Professional (CSMP) – Second Level

UPCOMING EXAM SESSIONS

SMART SHOW CHICAGO

  • Navy Pier, Chicago, IL
  • Friday, April 17; 10AM-12PM    
  • Friday, April 17; 2:30-4:30PM    

OKLAHOMA JEWELERS CONVENTION

  • Embassy Suites Hotel, Oklahoma City, OK
  • Sunday, April 19; Time 1:30-3:30PM

JCK SHOW

  • Mandalay Bay Hotel, Las Vegas, NV
  • Thursday, May 28; 10:00AM-12:00PM
  • Thursday, May 28; 2:00-4:00PM
  • Friday, May 29; 10:00AM-12:00PM

JA NEW YORK SUMMER SHOW

  • Jacob K. Javits Convention Center, New York, NY
  • Sunday, July 26; 10:00AM-12:00PM
  • Sunday, July 26; 2:00-4:00PM

Those not able to attend the on-site certification exams can take the exams at any time and at a location convenient to them by registering for a proctored exam.

Jewelers of America led an industry task force, including representatives from all types of retail jewelry stores nationwide, to establish the Jewelers of America Professional Certification program in the late 1990s with the goal of raising the level of professionalism throughout the jewelry industry. Jewelry professionals who successfully complete the nationally recognized certification program receive acknowledgment from Jewelers of America that enhances their standing among colleagues and consumers.

The Jewelers of America Professional Certification program also offers certification for bench professionals in four levels of expertise. For more information on the Jewelers of America Professional Certification program, visit https://www.jewelers.org/benefits/education/certification/ or contact Jewelers of America at 800-223-0673 extensions 8007.

    Add a comment

IDEX Online Polished Price Changes – April 16, 2015

by Danielle Max

We see mostly positive movement in diamond prices over the past seven days. Round goods saw some declines in sizes smaller than 0.50 cts, and moderate price gains in larger sizes. Fancy Cuts enjoyed mostly increased prices, apart from declines in the larger goods of 4-5 cts. Following are some of the main changes in this week's IDEX Online Diamond Price Report.

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

Rounds

  • 0.18-0.22 cts D-E / IF-VVS1, down 2-4%
  • 0.23-0.29 cts G / IF and I / VVS1, down 2-3%
  • 0.30-0.39 cts changes including D-E / VVS2-SI2 up 2-4%
  • 0.40-0.44 cts changes including D / SI3 down 2.5% and J / VS2-SI1 up 2-3%
  • 0.45-0.49 cts changes including D-F / SI3-I1, down 2-3%
  • 0.50-0.69 cts changes including D-E / VS2-SI2 up 2-3.5%
  • 0.70-0.79 cts changes including D-F / VS2 and I-K / VVS2 up 1-3%
  • 0.80-0.89 cts G / IF up 3% and K-L / I2 down 4-5%
  • 0.90-0.99 cts changes including D-E / VVS2-VS1 up 2-3%,  G-I / IF-VVS1 up 1.5-3%
  • 1.00-1.24 cts changes including D-E / VS1 up 2-3%
  • 1.25-1.49 cts I-J / I1 up 2-3%
  • 1.50-1.99 cts changes including E / VS1-SI1 up 2-3%
  • 2 cts G-H / IF-VVS2 up 2-3%
  • 3 cts E / SI1 down 3%, G-H / VVS1 up 2-3%
  • 4 cts F / VS2 and E / SI1 down 3% and I / VVS2-VS1 up 2-3%
  • 5 cts H / VS2 and K / SI1 up 3%

Fancy Cuts

  • 0.18-0.22 cts D / VVS2 down 3%
  • 0.23-0.29 cts F-G / SI2 up 4-5%
  • 0.30-0.39 cts D-F / IF up 1.5-2.5%
  • 0.40-0.44 cts changes including D / IF and H / VVS1 up 2.5%
  • 0.45-0.49 no changes
  • 0.50-0.69 cts D-G / VS1+ up 2-3%
  • 0.70-0.79 cts E-G / VVS2 up 1-3%
  • 0.80-0.89 cts changes including F / VVS2 up 3%
  • 0.90-0.99 cts changes including E-H / VVS1-VS1 up 1.5-3%
  • 1.00-1.24 cts F-H / VS1+ up 2-3%
  • 1.25-1.49 cts changes including IJK / IF-VVS2 up 2-4% and I / I1 down 3%
  • 1.50-1.99 cts changes including G-H / IF-VVS2 up 2-3%
  • 2 cts changes including  G-H / VVS up 2.5-3% and M / SI1 down 3%
  • 3 cts D / VVS2 and H / VVS1 down 0.5%
  • 4 cts D-F / IF-VVS1 and F / I1-2 down 3%
  • 5 cts D-F / VS2-SI1 down 3%
Add a comment

Luvente Announces Launch of New Jewelry Line

Luvente will debut its new line of jewelry at JCK Luxury Las Vegas, May 26–June 1.

The new collection reflects the distinctive and creative energies of Michael and Daniel Dabakarov, with contemporary, inspired and iconic designs that make a timeless statement.

“With the unveiling of our new jewelry line, we are establishing an exciting lifestyle brand designed to resonate emotionally”, says Daniel Dabakarov.

“The Luvente brand offering incorporates pieces that capture your most memorable moments in designs that integrate seamlessly into our national retailer’s offerings while expanding their repertoire with truly iconic luxury pieces.” Luvente will present their new line in two booths, LUXURY SALON LUX EE1 and JCK Booth S10549.

For more information, contact Luvente at (646)807-4484 or info@luvente.com.

Add a comment

Jane Taylor Launches New Line

Jane Taylor’s new line of colorful fine jewels will be launching exclusively on M’oda ’Operandi.

In advance of Taylor’s newest collection, Cirque, debuting at The Couture Show in Las Vegas, 16 one-of-a-kind cocktail rings will be available for pre-order. Featuring many rare gemstones, including a vast array of tourmalines, most of the gemstones were hand-selected from Taylor’s long-amassed archives.

Rendered in 18-karat yellow, white and rose gold, the designs are sleek and minimal, with a focus on the incredible gemstones. Says Taylor, “the one common theme in my work is a sculptural symmetry, which looks easy and simplistic, but isn’t at all. I love taking classic shapes and seeing what playful ways I can make them interesting and juicy.” It took three months for Taylor and her daughter to produce the collection, with all pieces made in New York City.

For more information, contact Cleo Zancope at cleo@janetaylor.com or 413.256.8404.

Add a comment

Pandora Launches New Marketing Campaign

Pandora has launched a new “The Art of You” marketing campaign that asks women, “Who will you create today?”

Designed to inspire women to embrace the self-creator within, “The Art of You” represents the many ways Pandora is a partner in helping to explore and craft a unique personal story to complement any style, every day.

This is a true reflection of Pandora’s mission for more than 30 years – to offer women across the world a beautiful universe of high-quality jewelry products at affordable prices, which combines the modern techniques for high-end jewelry production with centuries-old craftsmanship. Love, care and attention to detail are bestowed upon each hand-finished piece from start to finish that brings to life the brand’s Danish design legacy and artistry while inspiring women to collect, accentuate, layer and showcase their individual style.

“We believe The Art of You message will resonate with all women as jewelry has become much more than jewelry — it is an essential part of a woman’s ever-expanding desire to express her individuality and curate her authentic style,” says Charisse Ford, chief marketing officer, Pandora Americas. “The campaign does a beautiful job of illustrating all of the unique, high-quality, hand-finished pieces Pandora has to offer.”

Just in time for Mother’s Day, the campaign will be integrated across all marketing channels in the U.S. and Canada, including TV, print and digital advertising, public relations, social media and in-store activations.

All aspects of the campaign will highlight the Pandora affordable luxury collections, which include rings, earrings, necklaces, pendants and the signature charm bracelets.

Pandora’s team of expert jewelry craftspeople draw out the beauty of the high-quality metals and materials for which Pandora is renowned, such as different shades of 14k gold, sterling silver, gemstones, stones, cultured pearls, Murano glass and enamel.

Self-creators are encouraged to express and share their curated Pandora jewelry inspiration with hashtag #ArtOfYou on their social channels and explore the collections at Pandora.net.

Add a comment

Swarovski Partners with the Oprah Winfrey Magazine

Swarovski has formed a partnership with O, The Oprah Magazine in celebration of the magazine’s 15th Year Anniversary.

Together with O, Swarovski will present two special edition covers for the May issue, of which fifteen limited editions will be created, featuring crystals: Oprah Winfrey wearing a custom dress with Swarovski crystals and a crystallized “O” shot against a crystal background.

To create the limited editions, over 1,500 crystals were delicately placed and applied taking six hours each. Over 55,000 crystals were used to create the special O cover featured in 25 colors, and 40 sizes and styles and valued over $20,000.

"With the traditional gift for a 15th anniversary gift being crystal, who better to partner with than Swarovski,” said O, The Oprah Magazine editor in chief Lucy Kaylin. “Their contribution was breathtaking."

Premier members of O’s Circle of Friends, an enhanced subscription offering exclusive perks, will enter to win one of fifteen special edition covers adorned in Swarovski crystals and signed by Oprah. These lucky winners will receive these special issues tucked inside a beautiful keepsake box with a personal note from Oprah Winfrey.

The 15th Anniversary “O List,” a monthly feature in O, The Oprah Magazine consisting of a selection of Oprah’s favorite items, will be dedicated to all things crystal and will include items sparkling with Swarovski crystals. Subscribers can enter to win the full May “O List” by following the directions linked to codes found throughout the publication and Oprah.com. Additionally, a 20% off coupon for Jimmy Crystal will be printed in the magazine and accessible to all readers.

Fifteen Swarovski boutiques will feature the sparkling limited editions for fans to get a closer look. The stores include Roosevelt Field, Garden City, NY, Rockefeller Center, New York, NY, The Shops at Columbus Circle, New York, NY, Fifth Avenue, New York, NY, Woodfield Mall, Shaumburg,IL, Westfield Old Orchard, Skokie, IL, Oakbrook Center, Oak Brook, IL, Shops at Northbridge, Chicago, IL, Water Tower Place, Chicago, IL, Lincoln Road, Miami, FL, NorthPark Center, Dallas, TX, Glendale Galleria, Glendale, CA, Fashion Square, Sherman Oaks, CA, The Grove, Los Angeles, CA.

Alexander Wellhoefer, Senior Vice President, Swarovski North America said: “Swarovski is delighted to join O, The Oprah Magazine in celebrating their dazzling milestone. We hope to help inspire readers by adding the Swarovski sparkle and brilliance to this special limited edition issue.”

Add a comment

Private Museum Concept Gaining Traction

To house and display one priceless artifact or a thousand, a BUBEN&ZORWEG Private Museum assures serious collectors the ultimate joy from their most treasured possessions.

Two decades ago, BUBEN&ZORWEG began by creating what were then the smallest and the largest watch winders in existence.

Today, the BUBEN&ZORWEG Private Museum concept reflects the sheer diversity of the collections of the company’s longstanding and esteemed clients round the world.

“The BUBEN&ZORWEG Private Museum concept is about building a dedicated space, usually in the intimacy of your own home, for celebrating and contemplating, protecting and presenting your most treasured possessions,” says BUBEN&ZORWEG director Christian Zörweg.

“One aspect of this is creating an inspirational place to show these items off to your friends and family. Another universal priority for our clients is security, and in true BUBEN&ZORWEG style, we have thought of every eventuality. The BUBEN&ZORWEG Private Museum is fireproof, bulletproof and at times, thanks to two-way mirrors, invisible.”

A unique system created by BUBEN&ZORWEG, the first of its kind in the world, the BUBEN&ZORWEG Private Museum is constructed from modular sections of stainless steel and high security glass with complex lighting specifically designed for displaying collectibles, enabling clients to commission a museum tailored to their unique setting and requirements.

For some, this takes the form of an elaborate display for a standalone singular item, a priceless antiquity perhaps. For others, the museum is a gallery wall within a larger living space or library, while for yet others the museum is a room or sometimes two adjoining rooms dedicated to a family collection of objects acquired over centuries.

At once beautifully presenting and securely protecting personal treasures, the BUBEN&ZORWEG Private Museum places security concerns at its heart. The glass vitrines of the Private Museum come in three options - two-way mirror glass which only becomes transparent when the lighting is activated, 25 millimetre thick transparent glass resistant to up to 100 hits with a large sledgehammer and fire resistant glass.

A high security locking system, including a patented fingerprint locking system, has been developed by BUBEN&ZORWEG’s in-house safe experts and certified by the German authority for safe security, the VDS. Stainless steel walls are fire proof, while high tech laser grit offers additional security for when the glass window of the museum is open during viewing. An alarm can be integrated with the alarm system of the property.

“For some collectors, a treasure is more about personal memories and sentimental rather than financial value. What we know for certain is that anything our clients exhibit in a BUBEN&ZORWEG Private Museum is an expression of what they are truly passionate about,” says Chistian Zörweg.

For more information, see www.buben-zorweg.com.

Add a comment

IDEX Online Polished Price Changes – April 9, 2015

by Danielle Max

After a number of weeks of price rises, there were a number of declines this week. The declines were seen in rounds below 1 carat, while smaller sizes of fancy cuts were similarly affected – as were 4- and 5-carat stones.

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

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

Rounds

  • 0.18-0.22 cts D-G / VVS1+, I / VVS2 down 2-4% and G / SI1 up 4.5%
  • 0.23-0.29 cts D-E / VVS2, G / VVS1+ and I / VVS2 down 2-3%
  • 0.30-0.39 cts changes including D-G / VVS1+ up 2-3.5% and D-F / SI1-2 up 2%
  • 0.40-0.44 cts changes including  E-F / VVS1+ up 3% and D-E / SI3 down 2-3%
  • 0.45-0.49 cts changes including J-K / VS1-SI2 up 2-3% and D-E / SI3-I3 down 2-5%
  • 0.50-0.69 cts changes including D-H / VS2+ up 2-3%
  • 0.70-0.79 cts changes including D-F / VS2+ up 2-3%
  • 0.80-0.89 cts H / IF up 3%, G / VS1 down 2%
  • 0.90-0.99 cts D-I / VVS2+ up 2-3%, J / I1 down 5%
  • 1.00-1.24 cts E-G / VVS2+ up 2-3%
  • 1.25-1.49 cts changes including H / VVS1 and I-J / I1 up 2-3%
  • 1.50-1.99 cts changes including D / VVS2 and G / VVS2-VS1 up 3% and I-VVS1 up 1%
  • 2 cts many changes including  E-J / VVS2-VS1 up 2-3%
  • 3 cts a number of changes including F / IF, H / VVS2+ and J-L / VS1 up 3%
  • 4 cts some positive changes including G-J / VS1-2 up 1-3%
  • 5 cts a few changes including J / VS1 and J-K / SI1-2 up 3%

Fancy Cuts

  • 0.18-0.22 cts D / VVS1 and VS1 down 3-4%
  • 0.23-0.29 cts D / VS1 up 3%, E-F / SI2 and I / VS1 up 4-5%
  • 0.30-0.39 cts a few changes including E, G and I / VVS1 up 2-3%
  • 0.40-0.44 cts changes including D / IF, H / VVS1 and F / VS1 up 2-2.5%
  • 0.45-0.49 cts D / IF up 3% and N / VVS1 down 4.5%
  • 0.50-0.69 cts D-H / VS2+ up 2-4% except F / VVS2 down 1.5%
  • 0.70-0.79 cts changes including D-H / VVS2 up 3% and F-G / I1 down 2-2.5%
  • 0.80-0.89 cts changes including D-E / IF and G-H / VVS2 up 3%
  • 0.90-0.99 cts changes including D-H / VS1+ up 2-4% except F / VS1 down 3%
  • 1.00-1.24 cts D-J / SI1+ up 1-4%
  • 1.25-1.49 cts changes including D-J / IF-VVS1 up 2-4%
  • 1.50-1.99 cts many changes such as G-H / VS1+ up 2-3%   L-N / IF down 2-3%
  • 2 cts positive changes including D-I / VS1+ up 2-3%
  • 3 cts changes including D-E / VVS2 up 1-3% and H / VVS2 up 3%
  • 4 cts E / VVS1 down 3% and G / VS2-SI1 up 3%
  • 5 cts D-F / VS2-SI1 down 2-3%
Add a comment

White Pine Opens Office in Mumbai

White Pine Trading has launched a new office in Mumbai, its fourth globally.

In conjunction with the office opening, White Pine India’s 2015 diamond auction program commenced February 16-19 at the Trident Hotel BKC.

“Over 160 companies attended the event, translating into extremely positive results,” said Myles Schakler, White Pine’s Vice President of Diamond Sales. The company’s next India event is scheduled for April 6-9 at Trident Hotel BKC, with at least two additional sales to follow throughout the year.

The office will facilitate daily brokerage of White Pine’s recycled diamonds and supply from third-party clients in the United States and Europe, providing local buyers with faster access to diamond supply than ever before.

The new division will be led by Director Hardik Shah, formerly with Shrenuj.

Ben Burne, Chief Executive Officer of White Pine Trading, said, “The opening of the Mumbai office marks our fourth international location.

“We continue to focus on strategically augmenting our business and see significant growth opportunity in the region. Hardik’s knowledge of the local market and expansive network of contacts will be a tremendous asset to White Pine India.

“We are excited to be increasing our activity in India, a country where diamond buyers are eager to connect with our vast network of suppliers from across North America,” noted Schakler. “Based on the high level of interest we have already witnessed among Indian buyers, we anticipate an unprecedented turnout for our upcoming auctions.”

White Pine’s February auction in Mumbai marked the company’s first diamond event in India since 2013. The sale featured over 35,000 carats of melee diamonds, primarily used for manufacturing, and included a large variety of mixed and assorted parcels of all qualities, shapes and sizes.

For more information on White Pine India PVT LTD, contact Hardik Shah, Director, at +91 22 7498531167 or Sales@whitepinediamonds.com.

Add a comment

GIA Reviews Sarine’s New DiaMension Axiom Platform and Instructor Software

Sarine Technologies has undergone an in-depth evaluation of its new DiaMension Axiom platform and Instructor software, performed by the Gemological Institute of America.

In light of these results, the GIA has completed the conversion from DiaVision software, verified and adopted by the GIA in 2010, to running Instructor on their DiaMension HD platforms.

The GIA has also ascertained the exceptional micron-level accuracy of the DiaMension Axiom, and is now conducting tests for its application in symmetry parameter grading, such as facets pointing.

Uzi Levami, Chief Executive Officer of Sarine, stated, “Sarine is exceptionally proud of its revolutionary DiaMension Axiom platform with single micron accuracy, unmatched by any other available system on the market, and by the GIA's adoption of our Instructor software as their standard Sarine software package for Cut grading.

”Our customers can now phase out the older DiaVision software, knowing that they will, with very high probability, get the same Cut grade as given by the GIA, provided that their hardware platforms are properly maintained.”

For more information about Sarine and its products and services, visit http://www.sarine.com.

Add a comment

Simplex Diam Has Won the Bidding for Martin Ross Group Assets

Simplex Diam Inc. of New York has been selected the winning bidder in the bankruptcy auction of the jewelry inventory assets of the Martin Ross Group of Canada.

This includes the inventory of Libman Co and Master Designs, with a significant amount of certified Canadian Diamonds, Argyle Pink and natural fancy yellow diamonds.

There are 16,000 units of jewelry that range from $10,000 at wholesale and down to $500 at wholesale. Total deal value at wholesale is over $11,000,000.

The total value purchased by Simplex Diam, between the jewelry and diamonds from Martin Ross Group, is now over $16,000,000 at wholesale cost.

In December, Simplex Diam purchased the loose diamond inventory. There were 25 bidders involved.

The inventory contained in the winning lot included 6,000 carats of diamonds and was valued at about $5 million at wholesale prices. The majority of the diamonds are of Canadian origin.

Prior to the bankruptcy filing, the Martin Ross Group of companies included Libman Co. and Master Designs and was among the largest jewelry manufacturers in Canada.

Simplex will be re-distributing the jewelry and diamond inventory to retailers and wholesalers at trade shows and in their New York offices.

Interested parties can contact Simplex at http://www.simplexdiam.com/contact.

Add a comment

GIA Exhibit Showcases Diamonds Featured in New Book

White and rose 18K gold necklace by Mouawad MENA DMCC with detachable brooch. A 48.99 total carat weight in white diamonds and a 22.90 total carat weight of pink diamonds. Image from the “Dreams of Diamonds” book.

Seven of the world’s finest diamond houses will showcase exceptionally rare diamonds and elaborate jewelry for a limited time in Southern California to coincide with the debut of “Dreams of Diamonds,” the largest book ever published on these sought-after gems.

Twenty-five diamond pieces – ranging from a pair of boots set with 1,527 carats of diamonds to a 50.05 carat D color, Flawless diamond briolette – make up the exhibit, which will be on view from April 29 through May 11 at Gemological Institute of America’s world headquarters in Carlsbad, CA.

“The creators of ‘Dreams of Diamonds’ were able to capture extraordinary diamond pieces in enchanting, ethereal settings,” said Terri Ottaway, curator of the GIA museum. “This exhibit is an ode to the wondrous world of diamonds and we’re fortunate to share the artistry of these seven diamond houses with the public.”

British photography and design duo Alastair Laidlaw and Christine Marsden combined their passion for nature and the arts with their love for the splendor of diamonds to create “Dreams of Diamonds,” a large-format book on diamonds that weighs more than 30 pounds and took six years to complete. Each image is itself a work of art, with beautiful diamonds and diamond jewelry in unusual, often dream-like, settings. The gems and jewels featured in their unique photos were provided by 12 of the world’s most prominent diamantaires and designers, seven of whom are loaning jewels for the exhibit at GIA.

Together, diamond houses Adler, Chatila, Chow Tai Fook, Diacore, Diarough, Mouawad and MUNNU The Gem Palace will showcase 25 of their noteworthy pieces. A total of more than 4,000 carats of diamonds will be on view at the GIA exhibit.

Many of the remarkable diamonds shown in the book have passed through GIA’s laboratory for grading and evaluation. “Dreams of Diamonds” will be on display in Carlsbad fromApril 29 through May 11. The Institute’s museum is free and open to the public Monday through Friday from 8 a.m. to 5 p.m.

Reservation is required. For more details, visit GIA’s website at www.gia.edu or call 800-421-7250.

Add a comment

Pac Team Group Launches Chicago Facility

Pac Team Group has opened its first U.S. production facility in Chicago.

Since its inception as L’Atelier Borle in 1949, Pac Team Group (www.pacteam-group.com) has produced industry-leading point of sale pieces—including displays, packaging, shops-in-shops, retail fixtures, and exhibition stands—for watchmakers and other purveyors of fashion and luxury goods.

The new Pac Team Group location in Chicago joins an existing production facility in Dongguan, China, and a new exhibition and fixture facility in Turin, Italy. This unique global footprint allows the Lausanne, Switzerland-based Group to offer its global clients unparalleled consistency in their fixtures’ materials, quality, and production methodology, while providing scalable production options targeted to the demands of local and regional markets.

“This exciting addition allows our Group to provide our customers an even more comprehensive production strategy than ever before. By offering a North American alternative to our overseas manufacturing, we are able to better meet the various challenges our customers face, such as unique custom projects, short timelines, and the need for on-site support,” says Pac Team President Eric Zuckerman.

In order to provide its U.S. clients with the same high level of quality achieved at its other manufacturing locations, Pac Team Group arranged for its top European craftsmen to conduct intensive training in Chicago in the various skills the Group has mastered over 60 years. This includes everything from furniture fabrication techniques to the art of high-end fabric wrapping—a crucial skill essential to the presentation of goods ranging from small jewelry forms to case pads.

Prior to its official launch, the Chicago facility partnered with select existing clients on custom displays, pop-up boutiques, and exhibitions. Now, domestic production and the “Made in the U.S.A.” imprimatur will be available to all of the Group’s clients.

Pac Team Group will maintain its current North American headquarters in Paramus, New Jersey. Chicago was selected as the location of the firm’s first wholly-owned U.S. production facility due to its lower manufacturing costs, relative to the New York metropolitan area, as well as its central location, permitting expeditious access to clients and their retail locations across the country.

The opening of the Chicago location comes soon after the Group’s debut of Pac Team Expo Srl, a 135,000-square-foot facility in Turin, Italy, specializing in the production of exhibitions (Pac Team is one of the few official booth vendors for Baselworld), shops-in-shops and interiors for boutiques, museums, and hotels. Pac Team Expo Srl. employs a permanent team of 40 artisans, technicians, electricians, carpenters, decorators, and ceiling specialists and assemblers—a figure that triples during peak production.

Add a comment

IDEX Online Polished Price Changes – April 3, 2015

by Danielle Max

The positive price changes of the past few weeks are beginning to tip slightly, especially in smaller sizes of rounds. Fancies are continuing broadly positive, with just a few price drops in a limited number of categories.

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

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

Rounds

  • 0.18-0.22 cts D-G / IF and D-E / VVS1-VS1 down 2-4%
  • 0.23-0.29 cts D / VVS1 down 4%
  • 0.30-0.39 cts changes including D-E / SI2+ up 2-4% and G-J / SI3 down 3-4%
  • 0.40-0.44 cts D-E / VS1+ up 3%, D-J / SI3 down 2-3%
  • 0.45-0.49 cts a number of negative changes including D-K / SI3-I1 down 2-4%
  • 0.50-0.69 cts D-F / VS1-SI1 up 2-3%
  • 0.70-0.79 cts changes including D-F / VS1 and H-I / SI1 up 3%
  • 0.80-0.89 cts D and G / IF up 3%, L / I1-I2 down 4-5%
  • 0.90-0.99 cts D-I / SI2+ up 1-4%, J / I1 down 5%
  • 1.00-1.24 cts D-I / SI1+ up 1-4%
  • 1.25-1.49 cts F / VVS1 and L / VS1 up 2-3%
  • 1.50-1.99 cts E-G / VVS2-VS1 up 3%
  • 2 cts D-J / SI1+ up 3%
  • 3 cts H-K / VVS2 up 3%
  • 4 cts some positive changes including G-I / SI2 and K / VVS1-VS2 up 3%
  • 5 cts a few changes including H-J / SI2 and K / VS2-SI1 up 3%

Fancy Cuts

  • 0.18-0.22 cts D / VS2 down 4%
  • 0.23-0.29 cts no change
  • 0.30-0.39 cts D / VVS2+ up 2-3%
  • 0.40-0.44 cts changes including D / IF up 2.5% and G / VS1-VS2 up 2.5-3%
  • 0.45-0.49 cts F-G / I1 down 4-4.5%
  • 0.50-0.69 cts many changes including D-I / SI1+ up 2-4%
  • 0.70-0.79 cts changes including D-F / VS1-SI1 up 1-3.5%
  • 0.80-0.89 cts changes including D-G / VVS1+ up 1-3%
  • 0.90-0.99 cts D-I / SI3+ up 1-4%
  • 1.00-1.24 cts J+ / SI2+ up 2-4%
  • 1.25-1.49 cts changes including D / VVS2+ up 2-3% and I-J / VVS1-2 up 2-3%
  • 1.50-1.99 cts many changes such as D-I / VVS2+ up 1-3%
  • 2 cts positive changes including I+ / VS2+ up 2-3%
  • 3 cts D and E / VVS2 up 3% and I-VVS2 up 1%
  • 4 cts E-F / VVS1 down 3% and E-F / VS1 up 3%
  • 5 cts D-F / VS2-SI1 down 3%, K / VS2 up 2% and L / SI1 up 3%
Add a comment

Kairos Watches Partners with Sequel AG

Korean-American start-up Kairos Watches has formed a strategic partnership with Sequel AG, exclusive distributor of GUESS Watches and Gc Watches. Kairos Watches will be providing the smart watch technology behind the Hybrid Mechanical Smart Watch and the Kairos T-Band.

The proprietary Hybrid Mechanical Smart Watch brings together a Swiss or Japanese mechanical movement with a transparent LED display, allowing notifications to float above the mechanical watch movement.

With the T-Band, wearers need not get rid of their existing mechanical watches in order to have all the functions of a smart watch—the technology and smart watch components are integrated into the T-Band, which can replace the band of nearly any watch. Alongside the usual features of a smart watch, the T-Band is also a powerful fitness tracker, with all models sporting an optical heart rate sensor and motion sensors.

Kairos Watches is providing custom-designed T-Bands to fit specific models in Sequel AG’s range, so that users of these classical Swiss watches can enjoy the convenience of a smart watch alongside their untouched prestigious Swiss timepiece.

“As the worldwide license holder for the GUESS and Gc Watch brands, Sequel AG looks forward to exploring new concepts with Kairos,” said Cindy Livingston, President and CEO of Sequel AG. “It’s great to be associated with cutting edge partners in the new field of wearable technology on the wrist.”

“Mechanical watch enthusiasts who are interested in the convenience of a smart watch will soon be able to choose amongst an array of leading watch brands that embrace Kairos’cutting-edge smart watch technologies,” said Sam Yang, Founder and Managing Director of Kairos Watches. “GUESS Watches and Gc Watches feature a spectrum of designs and styles, ranging from classic, fashionable, and daring designs.”

More information about Kairos Watches is available at www.KairosWatches.com.

Add a comment

Tourneau Appoints New Chief Marketing Officer

Tourneau has named Katherine Bahamonde Monasebian as Chief Marketing Officer and New Business Development.

In this capacity, Katherine will lead efforts to further evolve the brand, digital and retail marketing strategy ande-commerce channel, as well as capitalize on new growth opportunities.

Katherine’s executive career has been marked by accelerated business transformation and growth. Prior to joining Tourneau, Katherine served as Chief Marketing Officer and Executive Vice President of E-Commerce at Burch Creative Capital’s lifestyle brand, C. Wonder, and Head of E-Commerce at Juicy Couture and lululemon athletica.

In each capacity, Katherine spearheaded the build, launch and growth of the online channel and developed high-ROI,integrated marketing strategies that fueled profitable sales growth. Earlier in her career she held roles in strategic planning and finance at PepsiCo, Nike and Citigroup. As a change leader, she brings deep expertise in digital and omnichannel business strategies and brand development.

As Ira Melnitsky, CEO of Tourneau, attests, “Katherine is a highly accomplished, well-rounded business leader who has an impressive track record. We are pleased to have Katherine join our strong executive team and believe her contributions will be instrumental to our future success.”

Katherine earned her Masters of Business Administration from Harvard Business School and her undergraduate degree from Harvard University, graduating with honors. She was recently named President of Harvard Business School Club of New York (term commencing July 2015), an active organization with a long legacy, and the largest global network of Harvard Business School alumni. Katherine also currently serves as an Advisory Board Member to the Women in Retail Leadership Circle.

Throughout her career, Katherine has received several esteemed industry commendations for her business influence and achievements including Top 50 Women in Brand Marketing through Retail Online Integration Magazine in 2014 and Brand Innovators’ Top Women in Cross-Channel Retail and 40 Under 40 in 2013.

“As a longtime admirer of Tourneau, I am thrilled to be working with such a world-class retailer,” said Katherine. “I look forward to advancing the growth of this iconic brand and creating an exceptional digital and in-store experience for our customers.”

For more information, please visit Tourneau.com.

Add a comment

Hearts on Fire Selects New Ad Agency

Hearts On Fire has selected TBWA\Chiat\Day New York as its new global advertising partner.

After being acquired by Chow Tai Fook Jewellery Group in June 2014, Hearts On Fire has demonstrated a greater emphasis on consumer marketing efforts worldwide, including increased media spend and, now, the development of a new brand advertising campaign which will debut globally in late 2015.

“We are thrilled to take this step with the TBWA team,” said Caryl Capeci, Chief Marketing Officer, Hearts On Fire. “We are increasing our investment in all consumer marketing efforts, both for the brand overall and to support our independent retail partners. Our new global advertising campaign will raise the visibility and create excitement for our brand worldwide.”

Commenting on the appointment, TBWA\Chiat\Day New York CEO Rob Schwartz said, “We found a kindred spirit with Hearts On Fire. They truly want to disrupt the status quo of the world of diamonds, and we are looking forward to working with them."

For more information, please visit http://www.heartsonfire.com.

Add a comment

Jeweler Does $100K-Plus in Depressed Economy in 60 Minutes

Vernal, UT was a booming and thriving oil and gas producing economy a year ago, but lower gas prices have brought major layoffs, business closures and economic uncertainty to this town in the last 12 months.

Shane Oaks, owner of Seven Oaks Jewelers in Vernal, wanted to raise cash by selling old inventory but questioned if any marketing event or promotion could extract disposable income from this very depressed town.

Shane Oaks writes: “It went great! Yesterday we tendered right at $82,000 with about $10,000 due in the future. We still have about $9000 to finalize for loans on Monday.

“A couple of items were not ours, like a couple of big diamonds, but we still made some money on them. I think the cost of the two diamonds together were about 20K. Further, we have another pending diamond sale for $30,000!

“Our economy is in a bad situation right now. We are dependent upon the drilling industry and there isn't any drilling going on at this point with oil at $40 per barrel. This event gave our store a real boost,” says Oaks.

Seven Oaks jewelers used a combination of 5,000 direct mail pieces, FB posts, emails and some radio ads.

For more information on the copyrighted program used to hold this sale, contact James Porte at (954) 817-3911.

Add a comment

Superfit Has New Canadian Distribution and Instillation Center

Superfit Inc. has announced its new Canadian Distribution and Instillation Center, Superift Canada, opening June 1, 2015.

Superfit Canada will be exclusively operated by Platinum Unlimited, of Toronto.

“For more than 20 years Superfit has seen prolific growth throughout Canada” said VP of Superfit Inc., Eric Alulis. “Reaching critical mass, an official physical presence will allow us to more efficiently service this robust market by easing the logistical issues presented by the international border.”

Superfit Canada will staff expertly trained technicians available to perform installations of the patented Superfit hinge mechanism, as well as provide maintenance and warranty services.

In 1990 three jewelers joined forces to create Platinum Unlimited Inc. Under Chris Knight’s leadership, they launched the new organization to provide Canadian designed and custom manufactured platinum and 18k gold jewelry of the highest quality.

Platinum Unlimited Inc. is Canada's number one designer and manufacturer of the finest quality classic and contemporary jewelry. Today, platinum Unlimited is run by president Chris Knight, operation manager and partner Richard Lowe, head designer and partner Rachel Tucker, and Larry Hall managing consultant and partner.

“We have experienced great success working with Superfit over the years.” Says Chris Knight, President of Platinum Unlimited. “It is a pleasure to align Platinum Unlimited with Superfit Inc. and offering what I consider to be the only custom fit option for my customers.”

Representatives from Superfit Canada will be available at the Superfit Inc. booth at JCK Las Vegas to get acquainted with Canadian accounts and share information about the cost savings and ease of working with Superfit products within Canada.

To learn more about Superfit Inc. visit www.superfitinc.com.

Add a comment

Galatea Names JewelMark

Galatea Jewelry Corporation has appointed JewelMark Canada, Inc., located in Edmonton, Alberta, as the exclusive Canadian distributor for its collections.

With a growing customer base in Canada, a locally-based distributor was a logical "next step," according to Galatea CEO Chi Huynh.

"The Galatea-JewelMark alliance will bring an experienced and streamlined sales experience to our Canadian customers," says Huynh.

JewelMark Canada CEO Ed Kilbride has sold Galatea jewelry as an independent representative in Alberta and British Columbia since 2013. "We have full confidence in Ed's expertise and his ability to make this a successful transition," says Huynh.

Kilbride has extensive experience in relationships with American jewelry manufacturers, handling Canadian distribution for the Marathon and Benchmark brands throughout the provinces.

Add a comment

IDEX Online Polished Price Changes – March 26, 2015

by Danielle Max

Price for both rounds and fancies continue to be broadly positive, with the majority of increases settling around the 3 percent mark.

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

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

Rounds

  • 0.18-0.22 cts D-H / VVS1-VS1 up 2-3% J-K / IF-VVS1 down 3%-5%
  • 0.23-0.29 cts positive changes including F-H / VVS1+ up 2-2.5%
  • 0.30-0.39 cts a lot of positive changes including D-G / SI1-I1 up 2-4%
  • 0.40-0.44 cts many positive changes including D / I1+ up 3%
  • 0.45-0.49 cts J / VS1 up 2%, D / SI3-I3 down 2-4%
  • 0.50-0.69 cts changes including D-F / IF up 3% and K / VVS2+ up 2-4%
  • 0.70-0.79 cts changes including D-E / IF up 3% and K-L / I2 down 5%
  • 0.80-0.89 cts I / IF and K / SI2 up 2.5-3% and L-M / I1-I2 down 3.5-5.5%
  • 0.90-0.99 cts some changes including D-I / VVS2+ up 1-4%
  • 1.00-1.24 cts positive changes including D-F / SI1+ up 3%
  • 1.25-1.49 cts L / VVS2 up 2% and M / SI1 up 3%
  • 1.50-1.99 cts F-H / VVS1 up 3%
  • 2 cts E-H / VVS1 and E-F / VS2 up 3%
  • 3 cts changes including G / IF, I-K / VVS1 and L-M / VS1-SI1 up 3%
  • 4 cts H-I / VS2-SI2 up 3%
  • 5 cts H-I / SI2 and J-K / SI1 up 3% and L-M / VVS2+ down 3%

Fancy Cuts

  • 0.18-0.22 cts F / IF down 4%
  • 0.23-0.29 cts F / SI1 down 4%
  • 0.30-0.39 cts D / VVS2+ up 1-3%
  • 0.40-0.44 cts changes including D / IF up 3% and D and F / VVS2 up 2-3%
  • 0.45-0.49 cts H / SI2 up 4%
  • 0.50-0.69 cts many changes including G+ / VS1+ up 3-4%
  • 0.70-0.79 cts G+ / VVS1+ up 1-4% and D-F / VS1-SI1 up 1-3%
  • 0.80-0.89 cts positive changes including D-F / VS1-SI1 and G-H / VVS2+ up 3%
  • 0.90-0.99 cts many changes including H+ / VS1+ up 2-3%
  • 1.00-1.24 cts J+ / SI2+ up 2-4%
  • 1.25-1.49 cts some changes including D / VS1+ up 3% and I-J / VVS2 up 2-3%
  • 1.50-1.99 cts many changes such as K+ / VVS2+ up 2-4% except I / VVS2 down 1%
  • 2 cts positive changes including K+ / VS2+ up 2-3%
  • 3 cts D and E / VVS2 up 3%
  • 4 cts F / VVS2 up 3%
  • 5 cts E / VS2 up 3%
Add a comment

Fana Launches Retail Portal

Fana has added a retail jewelry portal to its current website. The portal, created for retail jewelers and their sales associates, provides support for sales training, product details, and marketing resources for the brand. In addition, the portal allows for individual associates to track their performance and earn incentives.

“One of the most important members in Fana’s team is the sales associate, who is our ambassador in the stores,” said Vik Jain, co-owner at Fana. “We feel it is vital to give our retail associates the tools and information which enable them to educate the client about the workmanship and design influence of each Fana engagement ring. In today’s information-driven market, bridal customers demand their salesperson be well educated in the product, the designer, and market trends. The portal training allows us to keep the Fana brand and product message consistent at the counter.”

Fana retail associates can register for the portal at the website and then participate in a self-guided product knowledge presentation and training questions. They can then log in to the portal to register each Fana sale they complete and earn rewards on qualified transactions.

Jewelers who sell the Fana line can use the new portal to instantly access logos, product images, and advertisements. In addition, they will be able to order catalogs, posters, and other retail support material.

For more information about Fana and their collections, visit fanajewelry.com.

Add a comment

Kirk Kara Takes JCK First Place Eight Years Running

Kirk Kara has made history as the only jewelry designer to win first place for eight straight years in the JCK Jewelers’ Choice Awards.

Two designs from Kirk Kara’s Pirouetta collection have taken top prizes in the category of Best Bridal Design in 2015.

First place winner in the Best Bridal Design, $5,001-$10,000 category: an elegant rose gold split shank engagement ring and wedding band set from the Pirouetta collection. It features 3/8 ct. t.w. diamonds. The signature handcrafted details include milgrain edging and filigree. The center 1.0 ct. round stone (shown) is a customized option. Design No. K133RR & K133R-B. Suggested retail: $5,810 for the set (center stone not included).

Finalist in the Best Bridal Design, $2,501-$5,000 category: a halo engagement ring from the Pirouetta collection. It features 3/4 ct. t.w. of diamonds. The signature handcrafted details include signature filigree, peek-a-boo diamonds, and rose gold accents. The center 1.0 ct. round stone (shown) is a customized option. Design No. K174C65RWR. Suggested retail: $4,600 (center stone not included).

The Jewelers’ Choice Awards recognize the best designs created by jewelry designers and manufacturers divided by price point and category. JCK announced the winners and finalists in the March 2015 issue of JCK magazine.

Please view the winning designs at www.kirkkara.com.

Add a comment

Jewelry Industry Summit Scheduled for August in Chicago

The Jewelry industry community will present “The Jewelry Industry Summit”, from August 16-19 at the Palmer House in Chicago.

The industry-wide open forum, to which all are invited, will drive open discussions on sustainability and responsible sourcing. The goal is to create awareness of supply chain challenges and develop tools to take actions to mutually benefit the jewelry industry and create business opportunities and new sources of value for suppliers and the consumer.

The summit will be an interactive and facilitated discussion about important industry issues pertaining to business practices and the supply chain with the goal of ensuring that the jewelry industry will thrive in the 21st Century. Participants will include members of the diamond, colored gem and precious metal industries, trade associations, financial institutions, as well as those in the international communities. They will have the opportunity to shape the outcome of the discussions, and to develop tools to ensure that the industry can support the entire supply chain.

The planning committee members determined the importance of creating the summit in order to meet the expectations of the new consumer of today and their need for transparency. The potential of increasing interest by the government in regulating our industry also drove the interest in engaging in this discussion.

The mission statement for the Summit states: “Our community of individuals from all sectors in the jewelry industry seeks at the summit to develop a shared vision to meet the challenges, to sustain our business and to improve the supply chain for our products. The goal of the summit is to discuss challenges and opportunities in the jewelry industry that can better support everyone in the supply chain.”

The Summit will be funded by registration fees, contributions by individuals and companies, (large and small alike) as well as by a ‘crowd funding’ facility hosted on Indiegogo.com.

Please visit www.jewelryindustrysummit.com for summit Information and updates, registration to participate in the summit and to donate. Among other resources, the website provides information on current voluntary initiatives and required regulations pertaining to the supply chain for precious metals, colored gemstones and diamonds. Information about initiatives driving sustainability in other industries is also available. Contributions of additional material for this resource will be made as needed.

The planning committee members for the Jewelry Industry Summit represent all facets of the Diamond, Colored Gem and Precious Metal and Watch Industries. They are Ann Arnold, Ann Arnold Advisory Group;, Lita Asscher, Royal Asscher; Anna Bario, Bario Neal; Robert Bentley, Robert Bentley Company;, Mihir Bhansali, Firestar Diamond Inc.; Edward Boehm, Rare Source; David Bouffard, Signet Jewelers Ltd.; Eric Braunwart, Columbia Gem House, Inc.; Lisa Bridge, Ben Bridge Jewelers; Bruce Bridges, Bridges Tsavorite; Brandee Dallow, Rio Tinto Diamonds; Bill Farmer, Farmer’s Jewelry; Jeffrey Fischer, Fischer Diamonds, Inc.; Rebecca Foerster, Leo Schachter Diamonds, LLC; Karen Goracke, Borsheim’s; Stewart Grice, Hoover and Strong; Mark Hanna, Richline; Hayley Henning, True North Gems; Steve Hodgkins, Rolex USA; and Ferial Zerouki, DeBeers Group of Companies.

Add a comment

Artco Recommends Five Things to Consider Before Working With a Store Designer

Brick and mortar stores must find ways to engage better with their customers. The planning and design of your store is a key factor in the overall success of your business; with the right store plan, brands can directly communicate with their customers, "merchandise will sell itself when there is a great store design, but when it is wrong even the best product can sit on a shelf gathering dust" says Karen Estrada, Director of Luxury Goods at Artco Group!

The way your store is arranged and your display fixtures are placed can make a big difference; walls, flooring, primary and accent colors, fixtures, signage, wall striping etc, must work together to tell a single story. A mixture of human psychology, retail security, and design trends gives retail designers and store planners the necessary background to revitalize your store. if you are in the process of opening a brand new store or perking up your existing one, make sure to do your own research, establish a visual design , theme or concept, here are five things you should know before meeting up with your store designer, that will help you to get the best results.

1. Know your Brand

Your brand is the communication of a promise to your costumers, a promise on the quality of product, level of services and overall shopping experience. a successful business ingrains it's brand so clearly in all of its offerings that it becomes part of them, a simple icon, tone of voice or a design style will instantly affiliate with the brand. Think about your ultimate business goal, what exactly do you want to communicate to your costumers? What makes your product different and unique?. Effective branding influences costumers and encourage sales; it plays a huge role in the retail costumer jou. It’s been proven that design-driven brands such as Apple outperform their competitors commercially.

2. Know your Product

The service and presentation of your product is critical, merchandise must be at the core of your store plan and design project, therefore specific equipment such as fixture and lighting needs to be selected based on your product selection. Think of materials and colors that complement your product, signage, and other brand elements; keep in mind though that the true purpose of your fixtures is to house merchandise, you are not suppose to see them, try not to fall in love while searching for options, your product is the star, make it "shine". a store planner can also give you suggestions for enticing impulsive buyers and recognizing when is best to display a small selection of products versus packing shelves with merchandise.

3. Know your Customers

One of the biggest mistakes brands make when it comes to offer great shopping experiences is second guessing their customers. Do not make assumptions about your audience demographic , utilize collected data about your costumers; everything from age, income, location, emotional triggers and lifestyle choices, this would allow you and your store planner to come out with display ideas that would tap into your costumers psyche, effective displays appeal to the shoppers and can also drive them to convert. Retailers are incorporating new lighting and technology trends to attract new generation shoppers; bold neon lights and holograms, are some examples of new ways to excite your costumers. Also background music can dictate a mood, a special atmosphere, maybe a sense of mystery. Which of this can you incorporate to make your store engage with your costumers as soon as they walk in?

4. Know your Budget

Your budget should be clear and realistic from the beginning, financial misunderstandings can lead you and your store planner in the wrong track to unrealistic designs, this can cause delays and unfinished projects. consider investing in smart and convertible fixtures, standard fixtures make difficult to upgrade or even accommodate new products, smart fixtures are more expensive up front, but it will save you money in the long run do to their great flexibility. If your store has built-in fixtures and you want to get rid of them, notify you store planner beforehand since these have to be taken down. Since you’ve done your research, once the final plan drawings are done, avoid making changes, this may cause even more changes in the electrical, lighting and millwork plans. when many changes are made additional design and installation fees may apply.

5. Specific Requirements.

Professional store planners know that every single square foot of the retail sales floor has a job to do. Set specific goals, ask yourself what expanded, or represented features will create more sales, nobody better than you knows what needs to be improved inside your store, think about areas that get crowded, analyze your POS location; are you satisfied with the costumer flow? Maybe you should reconsider the floor sales layout? These are the examples of questions you need to ask yourself, every sales floor is different, your store planner needs to have this specific requirements in mind to be able to solve all the existing problems that your store may have.

Overall, retail designers and store planners are being paid to boost your sales. The best way to meet a design that meets you store, is by expressing your specific brand goals and desires. New generation shoppers are demanding products that demonstrate their individuality, therefore brick and mortar stores must deliver shopping experiences that challenge their customers perceptions. In the process of designing your store communication is the key, and by having these aspects in mind you will be able to clearly express your ultimate retail design goal and let your store planner respond to you with amazing proposals.

Add a comment

Frederick Goldman Grows Portfolio of Patents for TRITON

Frederick Goldman Inc. has been granted three new patents by the United States Patent and Trademark Office, further expanding the portfolio of new, innovative patents that will be applied across its leading contemporary men’s jewelry brand, TRITON.

After four years of continuous research and testing, three new state-of-the-art patents utilizing high-tech coating with nano-technology have been approved by the US Patent Office. Frederick Goldman Inc. is leveraging this new technology throughout the TRITON jewelry collection, to provide a new level of durability, scratch-resistance, and hardness to the surface of its jewelry. The innovative patents will help sustain vibrant colors, and is also available in a white and black coating. It is with these types of new technology that Frederick Goldman continues to drive the contemporary metals category in general and the Triton brand specifically.

  • Multi-layer Patents: US 8,932,437 B2 & US 8,927,107 B2
  • Single-layer Patent: US 8,956,510

“This high-tech coating with nano-technology used in the three patents is cutting-edge, and we are looking forward to conducting further studies to expand upon our growing portfolio of patents,” says Andrew Derrig, Vice President of Technical Innovation, R&D. “Through leadership in advanced research of new materials and technology, we will continue to manufacture the best quality products for our TRITON consumers.”

Add a comment

Forevermark Strengthens Retailer Support and Instore Experience

Forevermark has announced several new initiatives to provide added support to Forevermark retailers and enhance the in-store experience.

After a successful pilot program launched in 2014, Forevermark Focus, a regional training event designed exclusively for associates who interact with customers, will return this year. Currently, Forevermark has Focus workshops planned in New Orleans and Las Vegas.

The Forevermark Forum also featured a new Brand Zone Environment to all eligible retailers. The zones are flexible to meet retailers needs and have received positive feedback and sales results from early doctrines of the in-store offer.

Additionally, Forevermark announced the launch of an e-learning platform for authorized retailers and sales associates. Accessible through Forevermark's B2B website, the training modules are designed to increase knowledge and understanding of Forevermark and enhance selling skills through video, case studies, and assessments.

The first two modules, Introduction to Forevermark and Design and Innovationare currently available, with additional modules in development to be rolled out over the next several months.

Driven by Forevermark partner requests and to provide continued value for Forevermark retailers, an “’a la carte” Red Carpet in-store event concept was unveiled at Forum. These events aim to help retailers build relationships with customers, community influencers and press at a national and regional level, resulting in brand awareness and more Forevermark diamond sales.

Add a comment

Disons Joins JewelCloud Network

Disons Gems is the newest diamond supplier to join the growing JewelCloud Jewelry network.

JewelCloud links diamond suppliers’ feeds and designer brand jewelry to a vast network of independent and retail jeweler websites.

Milan Mehta, President of Disons Gems said, "We are pleased to make available to Disons’ current clients our diamond feed by using the JewelCloud network.

“As well, we are happy that Disons Gems will now be marketed to JewelCloud’s large group of independent retailer jewelers’ websites hosted by GemFind.”

Disons Gems entire inventory will be available to be showcased to consumers on a local retailer’s website for those consumers searching for diamonds, yet desiring to purchase a diamond from a community based, local retail jeweler.

Alex Fetanat, President of GemFind stated, "Disons Gems has built their business over the past three decades on trust and transparency. We know Disons Gems takes pride in the diamonds and other products they offer and will strive to provide our independent retail jewelry members using the JewelCloud network, the best possible experience."

Add a comment

IDEX Polished Price Changes for March 19

by Danielle Max

Polished prices continued their upward trend this week and continue to be more positive than we have seen for some time. Just a few isolated categories experienced downward movement, notably rounds below 0.5 carats.

Could the price bump from the recent Hong Kong show be continuing? It’s too early to say and we continue to wait and see.

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

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

Rounds

  • 0.18-0.22 cts H+ / VS1 up 2%-3%, D / IF down 2% and G+ / SI2 up 4%-5%
  • 0.23-0.29 cts J+ / VS1+ up 2%-4% except F / IF down 2%
  • 0.30-0.39 cts M+ / I1+ up 2%-5%
  • 0.40-0.44 cts N+ / SI2+ up 2%-4.5%, G-H / SI3 down 3%
  • 0.45-0.49 cts G-J / SI3-I2 down 3%-5% and K-M / SI2-I1 up 3%-6%
  • 0.50-0.69 cts L+ / SI2+ up 2%-4%
  • 0.70-0.79 cts a range of changes including K / IF-VVS1 and J-K / VS1 up 2%-4%
  • 0.80-0.89 cts some changes including K / VVS1 and K-M / I1 up 3%-4%
  • 0.90-0.99 cts some changes including D / VVS1-VVS2 and J / SI2-I1 up 3%-5%
  • 1.00-1.24 cts positive changes including D / SI1-SI2 and J-K / VS1 up 2%-3%
  • 1.25-1.49 cts E / SI1, J / VS2 and K / SI1-SI2 up 2%-3%
  • 1.50-1.99 cts K / VS2 up 4% and L / SI2 up 3%
  • 2 cts F / VVS1 up 3% and M / SI1 up 2%
  • 3 cts G / VVS1 up 3%
  • 4 cts no changes
  • 5 cts I / SI2 up 3% and D / SI2-SI3 down 2%

Fancy Cuts

  • 0.18-0.22 cts E / VVS2 up 3.5%
  • 0.23-0.29 cts D-E / VS1 up 3% and D-E / SI2 up 4%
  • 0.30-0.39 cts D / VVS1-VVS2 up 2%-4% and G / VVS2 up 3%
  • 0.40-0.44 cts some changes including D-E / VVS2 up 4% and G-H / VS1 up 3%
  • 0.45-0.49 cts D / VVS2, G / VS2 and J / SI3 up 3%-5.5%
  • 0.50-0.69 cts G+ / VS1+ up 2%-3.5%
  • 0.70-0.79 cts J+ / SI2+ up 1%-4%
  • 0.80-0.89 cts positive changes including H+ / I1+ up 1%-3%
  • 0.90-0.99 cts many changes including G+ / VS1+ up 2%-4%, D-E / SI1-SI3 up 2%-3%
  • 1.00-1.24 cts J+ / SI2+ up 1%-4%
  • 1.25-1.49 cts positive changes including D / IF up 3% and G-D / SI2 up 3%-4%  
  • 1.50-1.99 cts many changes including K+ / SI1-I1 up 1%-4%, J / IF down 2%
  • 2 cts positive changes including G+ / VVS2+ up 3% and J / SI2 up 1%-3%
  • 3 cts G-H / VVS1-VVS2 up 3% and J / IF-VVS1 up 3%
  • 4 cts I / VS2 up 3%
  • 5 cts D-F / VS2 up 3% and L / SI1 down 3%
Add a comment

India Showcases Gems and Jewelry at Baselworld

India will showcase its finest gems and jewelry at the 17th edition of Baselworld, from March 19-26.

Indian Traders will share space with globally renowned luxury brands at the most coveted luxury show in the world, with over 150,000 visitors/buyers from across the globe expected to attend.

With exhibitors comprising of leading exporters and manufacturers of loose diamonds, gemstones and jewelry, the India Pavilion at Basel World will provide buyers a complete range of innovative and products. The focus is on greater and better quality. Indian gem and jewelry exports to Europe in 2014 stood at $4 billion.

Vipul Shah, GJEPC Chairman said, “Europe is undoubtedly a significant trade partner for India. Basel World is the optimum platform for India to create awareness for Brand India and interact with the key international players from across the globe. And every year, with the participation of India Pavilion, GJEPC aims at increasing the trade intensity towards India and enhancing the leadership position in the design arena. This year too, we will be showcasing some high standards of craftsmanship along with unmatched creativity and promote India as being the Ultimate Design Destination.”

At India Pavilion, hall no. 3.1 is dedicated to loose diamonds and gemstones, and hall no. 2.1 will showcase jewelry and India Palace.

This year, India Palace will showcases master pieces of jewelry from India that won the recently concluded Artisan Awards 2014, organized by GJEPC.

Add a comment

Forevermark Partners with Diamond Asset Advisors

Forevermark has formed a partnership with Diamond Asset Advisors to introduce a Diamond Asset Service Program exclusively for Forevermark Jewelers.

Designed to address challenges faced by jewelers, the program will lead innovation in the diamond sector and increase value in the Forevermark offer for small business owners around the country.

With a simple application process, the Diamond Asset Service Program allows Forevermark partners to obtain Forevermark diamonds on advantageous cash terms.

Retailers have the flexibility to add inventory quickly at peak selling periods, carry larger diamonds, and broaden their selection of diamonds without the heavy capital outlay up front. The cost of the diamond becomes payable only when it is sold, but it may also be repaid earlier with no penalty. Rates are transparent and competitive.

Unlike other diamond brands and generic diamonds, DAA chooses to partner with Forevermark because the diamonds are offered and graded by the De Beers Group of Companies. In addition, the promise that comes with each Forevermark unique inscription adds confidence to the quality and value of the diamond.

Add a comment

Forevermark Program Facilitates E-Commerce for Retailers

At its 2015 Forevermark Forum, Forevermark announced a facilitated e-commerce pilot program that allows retailers to capture a full return on their profit margin — the first program of its kind in the diamond industry.

The facilitated e-commerce program provides the flexibility for authorized partners to be wherever the Forevermark customer shops, whether online or in store.

While increasing numbers of consumers are starting their jewelry shopping online, only seven-percent of diamond jewelry acquisitions are purely online, with no in-store visit. Brick-and-mortar continues to remain the most essential stage of the customer buying journey.

Forevermark e-commerce allows retailers to exponentially grow their range of designs and sizes to match the full product offer on Forevermark.com. Customers pulled into store through an online purchase allow the Forevermark retailer to act as the showroom and a useful resource for supplemental services.

Forevermark US President Charles Stanley said in address at the Forevermark Forum, “The dynamics of buying jewelry have changed. Forevermark offers its authorized partners tools to stay ahead of the curve, through a unique value-driving proposition, evolved marketing and public relations campaigns, proprietary insight into this changing landscape through extensive research, and now e-commerce. Together we are breaking the notion that consumers buy online for price. E-commerce is the next step in our endeavor to bring profit back to independent jewelers and create value to consumers – keeping the diamond dream alive.”

Add a comment

JFC Guarantees Runners in Chicago Marathon

Jewelers for Children has guaranteed entries for the 2015 Bank of America Chicago Marathon to be held on October 11.

This means that runners participating in the Chicago Marathon can not only run in one of the Abbott World Marathon Majors, but they can raise funds for JFC at the same time.

The Bank of America Chicago Marathon annually attracts participants from across the country and around the world. The Chicago Marathon has more than 10,000 runners supporting 172 charity organizations. Since 2002, more than $ 115 million has been raised for those charities.

Participants in the Bank of America Chicago Marathon can select to raise funds for Jewelers for Children. As an affiliate charity, JFC has access to five guaranteed entries that will be given on a first-come, first-served basis to registrants who sign up with the charity.

Runners who guaranteed spot in the Marathon, or those that secure a spot during the lottery period, running from March 10, to April 21, can build a Jewelers for Children fundraising page and ask their family, friends, and acquaintances to support their effort by donating to Jewelers for Children.

All participants are being asked to raise at least $ 1,000 for JFC and will be required to meet all the eligibility and participation requirements of the Bank of America Chicago Marathon. Anyone interested in participating can find all the information on the organization’s website at www.jewelersforchildren.org or by contacting JFC.

Add a comment

Two of KGK Group’s Ventures Awarded in Mumbai

The Entice team at awards ceremony in Mumbai

Two of KGK group’s ventures were awarded with prestigious awards at recently held award functions in Mumbai.

At National Jewellery Awards 2014-2015, the Bengaluru boutique of Entice, the retail arm of the group, received the award as ‘Best Single Store of the Year – South.”

The doors of the winning boutique were opened in December last year in Bengaluru, which was inaugurated by actor/director Dia Mirza. The award show was held in ITC Grand Maratha on February 21. Jitender Jain, CEO of Entice, received the award on behalf of the entire team.

KGK Creations, the jewellery manufacturing division of KGK group, was honored with the esteemed “Outstanding Jewellery Manufacturer- 1st Runner Up” award at The Artisan Jewellery Design Awards in February.

This honor has been given for the brilliance in the Manufacturing division. Designer Himani Harish was the person behind this marvelous creation. The winning piece was a spectacular ring which was a creation inspired by "100 years of Indian Cinema". The designer, Himani Harish received the Avant Garde award along with Jitender Jain, CEO of Entice, at the grand ceremony.

Jai said, “We are proud to receive the awards for the Best Boutique in South as well as the most Outstanding Jewellery Manufacturer as both the awards motivate us for creating better, both in terms of jewellery designs and customer’s experience. Receiving them is an honor and we are committed to give our best towards our passion for creating the immaculate jewels, which lasts till eternity”.

Add a comment

Hawaii Jewelers Association Partners with Make-a-Wish

The Hawaii Jewelers Association has partnered with Make-A-Wish Hawaii after selecting the local nonprofit as their charity of choice, involving the association’s statewide members with the Make-A-Wish mission.

The HJA, under the new leadership of co-executive directors Sophia Makaimoku-Young and Bernard Nunies, is an affiliate of Jewelers for Children, an international organization dedicated to uniting charitable giving efforts of the jewelry industry to children in need. Make-A-Wish has benefitted from this organization on a national and international level, but now the effort has moved in locally to further support wish kids in Hawaii.

“We are excited to renew our relationship with Make-A-Wish Hawaii in support of our industry-focused charity, Jewelers for Children. Aside from financial contributions, it is our goal to have a more active role in our community through unique efforts in supporting local Wish children,” Nunies said.

On Friday, the HJA launched this local partnership by hosting a celebratory send-off for Honolulu Wish Kid Gabrielle, 16, battling cancer. HJA Member Hawaii Estate & Jewelry Buyers presented Gabrielle with a donated pair of platinum earrings featuring .50ct diamonds from The Diamond Guy, sending her off in style before her Saturday departure to England – a long-awaited wish trip after plans to travel sooner were postponed from a collapsed lung requiring surgery.

Gabrielle’s wish to England is being sponsored by Jewelers for Children, which has granted Make-A-Wish Hawaii funding to help cover the costs of the trip. Gabby was born in England, but moved to Hawaii when she was young; her one true wish is to see where she was born. While in London, she is looking forward to sightseeing and touring The London Eye, London Bridge, Tower of London, Big Ben, and the London Dungeons.

“We rely on innovative partnerships to not only raise needed funds for local wishes that we grant like Gabby’s, but also to make each wish - whether for a local child or a visiting child - something truly magical to treasure forever,” said Make-A-Wish Hawaii President and CEO Siana Austin Hunt. “We are so grateful that local jewelers in Hawaii have aligned with us to add this special touch of aloha to our wish experiences.”

In addition to Gabby’s wish, HJA member Opal Fields has offered to host two upcoming in-store jewelry experiences for Kayla and McKenzie, who are coming on their wishes to see Hawaii from Tennessee.

“We look forward to supporting Make-A-Wish Hawaii as our charity of choice along with the thousands of people that are impacted by these wish experiences each year,” Makaimoku-Young added.

Add a comment

Jorg Gray Promotes James Schaefer to Head Global Sales

James Schaefer, new global sales manager for Jorg Gray, will be representing the brand at this year’s Baselworld show, March 19-26.

Jorg Gray has promoted James Schaefer to global sales manager.

Schaefer will be responsible for the brand’s product development for both international and domestic markets.

Schaefer joined the company in 2014 as regional sales manager, and quickly proved his ability to execute profitable sales through specialized customer relationship management techniques and systematic marketing strategies.

His discerning eye for craftsmanship within the luxury market and knowledge of sophisticated timepieces, diamonds and fashion apparel, has guided him through 17 successful years leading luxury sales efforts, product development and training at Salvatore Ferragamo, Louis Vuitton, Harry Winston, Cartier and Tiffany & Co.

Schaefer’s proven track record for building cohesive and robust sales and operations teams — heavily focused on client relationships, networking and customer service strategies— will greatly contribute to his new role and the company’s recent expansion as a global luxury brand.

Schaefer will be representing the brand at this year’s Baselworld show, March 19-26, where Jorg Gray will be exhibiting its newest collections at Booth A31 in Hall 2.0. For additional information, or to schedule media interviews, please contact Adriana Cone at (949) 733-8679 or email adriana@beyondfifteen.com.

Add a comment

New Savor Silver Website Emphasizes Functionality

The Silver Promotion Service has relaunched its main digital presence, www.savorsilver.com.

The newly reconfigured, mobile-responsive SavorSilver.com showcases a growing number of the world’s leading silver jewelry designers and their creations with an interactive catalog along with other relevant and interesting silver-related content. Visitors to the site are now able to discover silver designers, as well as explore the various trends and the latest silver jewelry styles.

The new comprehensive cross-brand silver jewelry catalog allows for easy ‘sharing’ on various social media platforms. The increased social functionality will be a key factor in increasing consumer visitors to the site and creating a digital community of silver jewelry enthusiasts. The redesign was executed and powered by OPT, the jewelry and watch industry’s leading omni-channel digital web developer and source for product data, marketing/branding content, and tools designed to drive sales.

As the ‘go-to’ digital destination for silver jewelry, the website contains featured silver stories, the latest in style and trend information, and is a comprehensive resource for silver jewelry information. For Savor Silver visitors, the site is now a powerful tool for consumers to learn and inquire about individual brands or specific pieces. Savor Silver brands now have a comprehensive digital marketing vehicle for reaching the consumer. Additional capabilities to help brands and retailers drive leads and in-store traffic are currently in development.

Commenting on the new Savor Silver site, Michael Barlerin, SPS Director said, “I could not be more pleased about what the new website offers both current and future designer and brand participants – and their retailers – that are part of the Savor Silver program. It also represents the first comprehensive step that the SPS has taken to actively engage in a dialogue with consumers about the exceptional attributes of silver jewelry.”

Add a comment

Diamond Empowerment Fund Backs Indian School

Prime Minister Modi, then Chief Minister of Gujarat, at the opening of the Veerayatan Institute of Pharmacy.

The Diamond Empowerment Fund has approved a $50,000 grant to Veerayatan in Mumbai, the first educational institution in India to receive funding from D.E.F.

Veerayatan was chosen because of how its innovative approach to education improves the quality of life for its students.

“Veerayatan is a model for encouraging the development of responsible citizens who are educated, have strong integrity, and a motivation to give back to their community”, says Sadhvi Shilapi ji.

”Veerayatan epitomizes the convergence of excellence in education with holistic sustainable development. This institution is making a positive transformative difference in India”, says Dr. Benjamin F. Chavis Jr., Senior Strategic Advisor for the Diamond Empowerment Fund.

Chavis, along with D.E.F executive director Nancy Orem Lyman and diamantaire Dilip Mehta, D.E.F. board member and CEO of Rosy Blue met with officials of the school and saw first-hand how the Veerayatan approach to education was making a difference in the quality of life of thousands of students.

At a welcoming ceremony for the Diamond Empowerment Fund, students from the Veerayatan College of Engineering, College of Pharmacy and College of Business Administration gave their inspiring stories of overcoming adversity with the promise and opportunity of a quality higher education.

Mehta, moved by the intensity and passion of the students, made an on-the-spot commitment to match D.E.F’s donation to the school for this year and all subsequent years, bringing the total donation to $100,000 in 2015. “I just felt in my heart…and my mind…that this was the absolute right decision to make. Empowering young people from diamond communities through access to higher education has been D.E.F’s mission from the beginning. What bigger community than that found in India where 9 out of 10 diamonds in the world are cut and polished,” says Mehta.

Two students from Veerayatan will make the journey to D.E.F’s Diamonds in the Sky Las Vegas event on May 28th to celebrate the importance of education and to salute the Global Achievement of Prime Minister Modi, the Government of India and the people of India, who are being honored by D.E.F at the event.

“I couldn’t be more thrilled to welcome this very deserving organization as the Diamond Empowerment Fund’s first beneficiary in India,” says D.E.F. board president Phyllis Bergman, “Diamonds truly do good”.

Veerayatan joins existing beneficiaries, African Leadership Academy, Botswana Top Achievers Program, and CIDA City Campus.

Add a comment

Jewelers of America Applauds Introduction of Marketplace Fairness Act of 2015

Jewelers of America welcomes the United States Senate’s introduction of the Marketplace Fairness Act of 2015 (MFA) and supports ongoing bipartisan efforts in the Senate to pass e-fairness legislation. The association continues to fight for the legislation, which would close an Internet sales tax loophole that has hurt traditional jewelry businesses.

“Jewelers of America applauds the Senate introduction this important legislation that keeps the momentum on this critical issue alive,” says JA President & CEO David J. Bonaparte.

The Marketplace Fairness Act gives states the option to require the collection of sales and use taxes already owed under state law by out-of-state businesses, rather than rely on consumers to remit those taxes to the states. Currently, brick-and-mortar businesses collect sales and use taxes from customers who make purchases in their stores, but many online and remote retailers do not. If passed by both chambers of Congress and enacted into law, the measure would give states the option to require the collection of these taxes by out-of-state sellers if the state simplifies their sales and use tax systems. The Senate passed a previous version of the bill in 2013.

Jewelers of America is a longtime proponent of sales tax fairness, supporting efforts to enact legislation on the federal and state levels. The association has been guided in its efforts by its legislative counsel, Washington D.C.-based Haake & Associates. Jewelers of America is also a member of the Marketplace Fairness Coalition, a group of businesses and associations that support e-fairness. This is one of the issues that JA keeps front-and-center for legislators through the Jewelers of America Political Action Committee, JAPAC – the only PAC that supports the fine jewelry industry in Washington, D.C.

Those interested in this issue and others affecting jewelry businesses can use Jewelers of America's Legislative Advocacy Center, at www.jewelers.org/advocacycenter, to easily contact their representatives via email and urge them to support sales tax fairness today.

Add a comment

Jewelers Mutual Reminds that Jewelry Needs Spring Cleaning, Too

With the retail jewelry business “taking a breather” between the busy seasons, now is the time to remind customers their jewelry needs some spring cleaning, too. Much like an annual medical check-up, an annual professional jewelry cleaning and inspection can prevent problems before disaster strikes.

The benefits for the customer are obvious – their jewelry is restored to like-new condition and ready for daily wear. For the jeweler, the benefits from annual cleanings and inspections can be just as important. This service, which is often complimentary, brings the customer into the retail location. It provides customers the opportunity to look at other merchandise and gives jewelers the chance to talk about the importance of having jewelry appraised and insured.

“This is an excellent chance to reconnect with your customers,” said Michael Calabresa, director of business development for Jewelers Mutual Insurance Company. “Talking with your customer and asking them questions is as important as examining the jewelry itself. It lets them know you care about their satisfaction and will provide some insight to the kinds of wear and tear their jewelry might undergo on a daily basis.”

While you’re talking with customers about their jewelry, discuss the status of their jewelry appraisals, mentioning the importance of getting an appraisal and keeping it up to date. “Because of the volatility of the metal and gem markets, we recommend appraisals be updated every couple of years,” Calabresa added. “If jewelry is lost, damaged, or stolen, and an insured customer has to make an insurance claim, the piece may not be covered for the full value unless a recent appraisal was done and insurance coverage adjusted accordingly.”

Another important topic for this annual check-up is jewelry insurance. “We find many people – especially in the case of young couples with engagement rings – don’t even know jewelry insurance exists,” Calabresa continued. “Or they assume their jewelry is covered under a renter’s or homeowner’s policy without looking into the coverage specific to jewelry, which may impose limits. A personal jewelry policy from Jewelers Mutual was specifically created with customers in mind. It ensures if jewelry needs to be repaired or replaced, it will be indistinguishable from the original, and they’ll be able to work with their jeweler of choice to get the job done.”

Earlier this year, Jewelers Mutual announced expanded coverage to its personal jewelry policy to include the following preventive repairs:

  • Prong retipping
  • Repair of broken, worn or bent prongs
  • Clasp replacement
  • Restringing of broken or stretched pearl strands
  • Stone tightening
  • Repair of broken earring posts

Calabresa explained that Jewelers Mutual’s broadened coverage for repairs helps policyholders by providing additional support to the jewelry industry. Last year, Jewelers Mutual delivered $28 million to the industry from personal jewelry claims for repair or replacement work. “As we send policyholders back to their trusted jeweler for preventive repairs, we continue to help support the jewelry industry.”

Make it part of your spring cleaning ritual to contact your customers and invite them in for a spring jewelry cleaning and inspection. This small task can build customer loyalty by helping prevent a larger, more painful jewelry loss, while growing your business and keep your customers buzzing about your store and services.

For more information about jewelry insurance for your customers and Jewelers Mutual programs for jewelers visit JewelersMutual.com, contact a Jewelers Mutual sales manager at 800-558-6411, ext. 2118 or Marketing-PJ@jminsure.com.

Add a comment

Fairmined Gold Gains New Ground in the U.S.

In the Peruvian desert, lies a small gold mining town by the name of Relave. Families here have depended on small-scale mining since the 1980’s when economic hardship and conflict drove numerous families to settle as informal miners. Starting out without basic infrastructure, they worked the tailings left by previous large-scale international mining operations and managed to transform their challenging situation over the years.

Relave is now a 4,000-person town and an international exporter of ethical gold and silver. These achievements are mainly the fruit of the hard work, vision and commitment to responsible mining of the AURELSA Company that in 2012 obtained Fairmined certification. As a certified Fairmined organization, AURELSA has been able to export at a fair price and make important improvements to their mining organization and in the community.

Now thanks to Virginia based eco-friendly refiner Hoover and Strong, supporting responsible miners in AURELSA has never been easier. Led by the demand of jewelers of the organization Ethical Metalsmiths, the company began offering Fairmined gold to its clients in 2013 on demand.

Since then, interest in ethical gold has been rising steadily and Hoover and Strong now offers a stock of Fairmined gold and silver to customers interested in supporting responsible artisanal and small-scale miners.

“We are proud to play an integral part in the Fairmined initiative. With the support of Ethical Metalsmiths and participating jewelers, certified mining communities like AURELSA will be able to improve the lives of their communities significantly due to the generation of more wealth and improved working conditions.” said Torry Hoover, President of Hoover & Strong.

Fairmined, created by the Alliance for Responsible Mining (ARM) certifies gold and silver from responsible Artisanal and Small-Scale Mining Organizations who meet world leading standards for responsible practices.

"Thanks to our recent updates to the Fairmined model, businesses of all shapes and sizes can now support certified Fairmined mines. We are thrilled by the commitment which Hoover and Strong has made which clearly shows their leadership in the U.S. jewelry and refining industry” said Kenneth Porter, Fairmined Business developer in the Alliance for responsible Mining.

Hoover and Strong offers Fairmined casting grain, sheet and round wire in 14K Yellow, 18K Royal, 24K Yellow, Sterling Silver and Fine Silver. For more information or to place an order at Hoover and Strong, please visit www.hooverandstrong.com. For more information on Fairmined, go to www.fairmined.org.

Add a comment

IDEX Polished Price Changes for March 12

by Danielle Max

There was a great deal of movement this week, with the shift in prices tending much more to the positive than we have seen for some time.

Despite reports from Hong Kong that trade was not exceptional, the show seems to have created the rise in prices that we tend to see before an important trade show. Now we have to wait and see if this price rise is real and sustained, or if it was just another pre-show “bubble.”

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

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

Rounds

  • 0.18-0.22 cts D-G / SI2 up 4%-5%, D / VVS2 down 2.5%
  • 0.23-0.29 cts K-N / IF-VVS2 up 3%-5%
  • 0.30-0.39 cts D-L / SI2+ up 2%-5%, H / VS1, SI2 and SI3 down 2%-3%
  • 0.40-0.44 cts J+ / SI2+ up 2%-4%, N / VS2 down 4%
  • 0.45-0.49 cts F+ / VVS1 up 2%-3%, G-J / I1 down 3%
  • 0.50-0.69 cts L+ / SI2+ up 2%-4%
  • 0.70-0.79 cts a number of positive changes including D-F / VVS1 up 3% and J-K / VVS2-VS1 up 2%-3%
  • 0.80-0.89 cts a few changes including L-M / I1-I2 up 4%-5%
  • 0.90-0.99 cts E / VVS1 and I-J / SI2 up 3%
  • 1.00-1.24 cts M / IF down 2% and K-L / SI2 up 3%
  • 1.25-1.49 cts E / IF up 3%
  • 1.50-1.99 cts L / SI1-SI2 up 2%-3% N / VS2 down 3%
  • 2 cts E / IF up 3%, M / SI1-SI2 up 3% and I / SI3 down 3%
  • 3 cts some changes including E / VVS1-VVS2 up 3% and L-M / SI1-I1 up 2%-4%
  • 4 cts I / VS1 up 2% and D-E / SI2-SI3 down 2%-3%
  • 5 cts some changes including K / IF-VVS2 down 3% and K / VS2 up 3%

Fancy Cuts

  • 0.18-0.22 cts D / VVS2 up 4%
  • 0.23-0.29 cts D-E / VVS2-VS1 up 3%, G / VVS2-VS2 up 3%-4% and I / VS2-SI1 up 5%
  • 0.30-0.39 cts positive changes including D / VVS2+ up 2%-4% and J / VS2 up 5%
  • 0.40-0.44 cts changes including D / VVS1-VVS2 up 3%-4% and J-K / SI2 up 5%-6%
  • 0.45-0.49 cts a number of positive changes including D / VVS1-VVS2 and J-M / IF-VVS1 up 3%-4%
  • 0.50-0.69 cts D-H / VVS2+ up 3%-4%
  • 0.70-0.79 cts many changes including D-E / SI2+ up 2%-3%, G / I1 down 2%
  • 0.80-0.89 cts positive changes including D-E / IF and H / IF-VVS1 up 3%
  • 0.90-0.99 cts G-H / VVS1+ up 2%-4%, I+ / VS2-SI2 up 2%-3% and F-H / I1 down 3%
  • 1.00-1.24 cts J+ / SI2+ up 2%-4% except I / VS1 down 2%
  • 1.25-1.49 cts some changes including D / VS2+ up 2%-3% and H-I / IF-VVS1 down 2%-3%
  • 1.50-1.99 cts almost all positive changes including I+ / IF up 3%, L+ / SI1-SI2 up 2%-4%. J / IF down 3%
  • 2 cts many positive changes including G+ / VVS2+ up 3% and J+ / SI1-SI2 up 2%-3%
  • 3 cts F-J / VVS2+ up 1%-3% and I / I1 down 2%
  • 4 cts G / VS2 down 3% and I-J / VS2 up 3%
  • 5 cts D-F / VS2-SI2 up 3%, L / SI1 down 3%
Add a comment

CSARITE Sponsors Ethical Metalsmiths Gardens of Gold Auction

Milenyum Mining has announced that CSARITE is a 24-Karat Level sponsor of Ethical Metalsmiths Gardens of Gold auction, being held to celebrate Ethical Metalsmiths’ 10th anniversary.

In additional support of this exciting event, MML has also donated an 8.36-carat, oval cut CSARITE to the online auction.

Gardens of Gold is a unique, two-part fundraising event. Starting March 10, 2015, Ethical Metalsmiths will launch an online, public auction of beautiful and intriguing items, with bidding taking place through 9 p.m. EST, Saturday, April 11, 2015. Auction items will be exhibited at Linhardt Design, 211 Mott Street, New York, NY from April 7 – 11th, which will also be the location of a special cocktail for sponsors, EM members and guests on Wednesday, April 8th.

“Being a single source, responsibly mined gem, CSARITE is thrilled to be able to support the ongoing efforts of Ethical Metalsmiths through this sponsorship,” stated Murat Akgun, president of MML and Csarite.

“With its controlled and traceable pipeline, CSARITE fits perfectly with Ethical Metalsmiths’ mission to encourage jewelers to become informed advocates for responsibly sourced materials used in jewelry making.”

Visit www.csarite.com for additional information.

Add a comment

Angélique de Paris Launches Tropiques Collection

Angélique de Paris has launched their new Tropiques collection of turquoise and coral pieces.

The new collection is a sensory experience of the marriage between coral and turquoise, unique gems, magnificent designs and innovative materials such as shagreen, python, vibrant leather and exotic woods.

“Jewelry is an art form that reflects the wearer and the uniqueness of natural gems,” said designer Angélique Knafo. “I seek the most flattering colors, cuts and gemstones to bring out a woman’s beauty”, says Angélique.

“A gradual shift is the jewelry industry has revolutionized as women invest and purchase their own jewelry and consequently collect a wardrobe of jewels to match their many moods and outfits”, notes Angélique.

For more information see www.AngeliqueDeParis.com.

Add a comment

International Gemological Institute Trains Young Gemologists

The International Gemological Institute recently organized a special kids-oriented seminar – “Young Gemologists” – for the students of Oberoi International School in Goregaon, Mumbai, aimed at familiarizing young aspirants with the world of gemology.

Drawing participation from more than 100 students ages 10-14, in different groups, the hands-on workshop provided an enriching platform to learn gemology principles and attain in-depth knowledge on origin, formation, composition and value. The participants were individually guided by IGI faculty and exposed to several varieties of colors in gemstones, as well as gemstones related to the 12 zodiac signs.

According to IGI faculty, the children were “mesmerized” when given a chance to witness these gems and minerals in various colors and sizes, and actively participated in a quiz/contest that followed the workshop. The program also highlighted the Institute’s world-renowned certification and grading processes, thus educating the children about the importance and benefits of certification.

Speaking on the occasion, Mr. Tehmasp Printer, managing director, IGI India said, “Curiosity is the best teacher, and with our “Young Gemologists” course, we intend to spark the right interest in the minds of young kids about the vast field of gemology. The future of gemology in India, and the world over, is grand and an early interest in exploring this as a career opportunity is an option we should offer aspiring children.”

Printer continued, “Our course aims at imparting the knowledge needed to make kids aware and alert, not just for a career in gemology, but also against fraudulent and misleading elements in the market.”

For further details about IGI courses, see indiaeducaation@igiworldwide.com.

Add a comment

Sinesio is New GM of Todd Reed Flagship

Anjanette Dienne Sinesio is the new GM of the flagship Todd Reed store.

​Anjanette Dienne Sinesio, former President and Creative Director of Diamond in the Rough, has joined the Todd Reed team as General Manager of Reed’s flagship retail boutique on Abbot Kinney in Venice, CA.

Sinesio brings to the position a passion for raw diamonds, which she developed during her years as President and Creative Director of Diamond in the Rough, a rough diamond brand best known for its affiliation with Bergdorf Goodman. She brings a wealth of knowledge in Marketing, Sales, Management, and Business Development to Todd Reed, Inc. along with her shared enthusiasm for – and understanding of – raw diamonds.

“When I first introduced raw diamonds to jewelry, they were unknown to the fine jewelry buyer,” says Todd. “To recruit a highly qualified business person who also has significant experience in raw diamonds is a tremendous opportunity for us.

“It’s always so rewarding to me to cultivate a love for raw diamonds with someone, whether that person is a customer, an employee, or a fellow artist. With Anjanette, she brings an already-honed love for and experience with raw diamonds to the team. I’m looking forward to working with her.”

Reed’s retail boutique on Abbott Kinney opened to the public on September 27, 2014, and has already earned an enthusiastic clientele.

According to Todd, “We created an environment that reflected our artisan roots but with a nod to this incredible Venice lifestyle that combines fashion and design with authentic beach living.” The 6,000 square foot space includes a retail environment, production facility, and jewelry design studio on the first floor. On the second floor is a dedicated bridal salon and an outdoor atrium with seating, and the top floor has been designed as living quarters for an artist in residence.

According to Amy Ash, General Manager of Todd Reed, Inc., “We’ve only been on Abbot Kinney for a short time, and the store is already thriving. Anjanette is just the right person to help us take the store to the next level.”

More information about Todd Reed is available at toddreed.com.

Add a comment

Antwerp Diamond Pavilion Among Largest at Hong Kong Show

From March 2-6, the Antwerp Diamond Center hosted 109 leading diamond traders in the Antwerp Diamond Pavilion at the 2015 Hong Kong Diamond, Gem and Pearl Show. It was the second year the traditional Hong Kong March fair features a separate loose stones venue. In its first year, the show attracted over 32,000 professional buyers from around the world, marking its emergence as one of the most successful shows in the industry.

Considering that Hong Kong remains the #1 destination in the world for polished diamonds, with a market that is second in value only to the United States, this show is highly important to Antwerp diamond companies. Representatives from businesses of all sizes had a tremendous variety of loose stones on display at an extremely favorable price/quality ratio.

Although the Chinese Government has lowered its growth expectations for 2015 to 7 percent and the Chinese New Year had just ended, the show appeared to be the ideal opportunity to maintain good relations and establish new contacts.

Santosh Kedia from Kediam said, “If you can offer customers attractive prices and have the right contacts, the Hong Kong trade fair in March is still the perfect opportunity to do good business.” Mike Akiki from Antwerp Cut, specialized in fancy color diamonds, adds, “Potential buyers do not come here specifically to replenish their stocks, but to make the right contacts so that they immediately know who to talk to when they need a customized order. Hong Kong in March is therefore the ideal platform for maintaining existing contacts and for making new contacts.”

Despite the less favorable economic outlook for the coming year, Hong Kong remains one of the premier marketplaces for diamantaires. With the Chinese market for diamonds expected to double in the next 10 years, the future looks very bright, and the Antwerp diamantaires want to have their networks in place when that happens.

Add a comment

IDEX Polished Price Changes for March 6

by Danielle Max

There was a lot of movement across the board this week when it came to changes in the price of polished diamonds. While there were a number of changes downwards, there was more upwards movement than we have seen in quite some time.

Round stones under 1 carat saw plenty of positive shifts, with prices increasing by as much as 6 percent in certain categories.

There was also plenty of decent movement in the fancies, with stones under 0.5 carats showing decent positive movement, again by as much as 6 percent in isolated categories.

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

Rounds

  • 0.18-0.22 cts D/ VS2 up 3%, D / SI1-SI2 and I1 up 3%-5%
  • 0.23-0.29 cts H / SI2 down 4%
  • 0.30-0.39 cts a few changes, all positive, including D / IF and I / VVS2 up 3%
  • 0.40-0.44 cts some changes, all positive, including D / IF up 2% and H-L / VS2-SI2 up 2%-3%
  • 0.45-0.49 cts D-F / IF-VVS1 up 2.5%-3%
  • 0.50-0.69 cts J / IF up 3%, H-I / SI2 up 2%
  • 0.70-0.79 cts some changes including H / I2-I3 down 3%-4% and K-L / I1-I2 up 4%-5%
  • 0.80-0.89 cts H-I / I2 down 3%, KLM / I1-I2 up 4%-6%
  • 0.90-0.99 cts H / VVS1 up 3%, J / I1 up 5% and K / SI2 down 4%
  • 1.00-1.24 cts no change
  • 1.25-1.49 cts H / SI2 down 3% and L / VS1 down 2%
  • 1.50-1.99 cts D / VVS2 down 3%
  • 2 cts M / SI2 down 2%
  • 3 cts no changes
  • 4 cts E-F / SI2 down 3%
  • 5 cts D-E / SI2-I1 and J / IF-VS1 down 1%-3%, K-L / VS1 down 3%

Fancy Cuts

  • 0.18-0.22 cts F / VVS1 down 4%
  • 0.23-0.29 cts I / VS2-SI1 up 6%
  • 0.30-0.39 cts some changes, all positive, including D-E / IF up 3% F / VS2 and SI3-I1 up 3%-5%
  • 0.40-0.44 cts no changes
  • 0.45-0.49 cts a number of changes, all positive, including G / VS1 up 2.5% and L-N / IF-VS2 up 4%-5%
  • 0.50-0.69 cts H / VS2 down 2% and J / SI3 down 4%
  • 0.70-0.79 cts H / VVS2 down 3%
  • 0.80-0.89 cts I / I2 down 4%
  • 0.90-0.99 cts F / IF down 3%
  • 1.00-1.24 cts D / IF up 3%
  • 1.25-1.49 cts D / IF and H / IF up 3%, I / SI3 down 3%
  • 1.50-1.99 cts a few changes including D / IF up 3% and G-H / I1-I2 down 3%-5%
  • 2 cts I / IF-VVS1 down 3%, J / IF up 3%
  • 3 cts changes both up and down, including I-J / SI3-I2 down 2%-4.5%, E / VS1 down 3% and J-K / SI1 up 3%
  • 4 cts G / VS2  down 3%
  • 5 cts a number of changes, mostly positive, including D-F / VS1-SI2 up 3%
Add a comment

Endless Jewelry Implements GemFind's JewelCloud Catalog Web Application

Endless Jewelry is now offering its entire collection on JewelCloud.

This allows Endless Jewelry to expand their brand presence by letting existing retailers easily integrate the product line within their own website.

It also helps Endless Jewelry keep in touch with retailers through JewelCloud’s user-friendly dashboard interface that is easily kept updated with the latest product lines. Endless Jewelry joins other manufacturers and designers who are presently part of the JewelCloud, such as Tacori, Hearts on Fire, Simon G, Gem Platinum, Martin Flyer, Gemsone Corporation, KC Designs, Stuller and many others.

“JewelCloud is a great tool for connecting with existing retailers as well as for finding new prospects,” said Meghan Pearson, Endless Jewelry’s Marketing Manager. “It is a very user-friendly system, easily updated as new lines are introduced, ensuring that our customers have access to all current collections. Best of all, our customers truly enjoy having an interface that allows them to begin easily and quickly selling online,” concluded Pearson.

“The JewelCloud catalog web application installs into the retailer’s current website” Said Alex Fetanat, CEO of GemFind. “Product photos and details are streamed and all can be changed in real-time. Enjoying multiple benefits, vendors like Endless Jewelry control how digital assets are shared, automate price changes, invite stores to connect to them and invite sales reps to manage leads and make appointments”, concluded Fetanat.

Visit www.gemfind.com for more information on GemFind’s JewelCloud Catalog. Visit www.endlessjewelry.us for more information on Endless Jewelry.

Add a comment

Giorelli Names Jeff Koch to Sales Post

The Gioielli Group, which recently presented the Pesavento product line at the Centurion show in Scottsdale, AZ, has announced that Jeff Koch will be the National Sales Director. Jeff's 15 years of experience in the jewelry industry combined with his vast experience gained while in leadership positions at David Yurman and Judith Ripka will make him an invaluable asset to the Gioielli Group team. Jeff Koch will be supported by dedicated sales training and merchandising experts as well as our internal marketing team.

Add a comment

Movado Presents Photo Exhibition by Joel Sternfeld

Movado Group is celebrating the opening of Baselworld 2015 with a special exhibition of art works by the American photographer Joel Sternfeld. His pictures will be on display in MGI’s spectacular exhibition space in Hall 1.0 South at the Basel Exhibition Center in Switzerland, from March 19 through 26.

On view will be a selection of nine photographs from the seminal body of work “American Prospects”, along with 7 photographs from the more recently released "First Pictures."

Taken during the ‘70s and ‘80s in locations throughout the United States, these evocative color pictures depict America, its inhabitants and the traces left by people on the landscape. With a penchant for subtle irony and a unique color sensibility, Sternfeld offers images of daily life in America with all its sublime contradictions and tragic comedy.

“We are excited to share the extraordinary work of acclaimed photographer Joel Sternfeld at Baselworld this year,” stated Efraim Grinberg, Chairman & CEO, Movado Group. “This marks the second year we have occupied our exceptional new exhibition space. We could not be more pleased with its success from a both a business and design perspective – it affords us a unique opportunity to host exciting, innovative artistic and cultural exhibits that expand and enhance the Movado Group experience.”

Joel Sternfeld was born in New York in 1944. He earned a Bachelor of Arts degree from Dartmouth College in 1965 and began making color photographs in the 1970s. At its foundation his practice has a distinct set of conceptual strategies: the building of narrative, use of humor and irony, and an examination of society and the environment. He also developed a unique set of formal strategies: painterly use of color and deliberate compositional structures, which serve to emphasize the picture's message. Because of these innovations, Sternfeld is considered a pioneer in art photography and his work has been highly influential.

Sternfeld has exhibited his photographs internationally and his pictures can be found in many important public and private collections.

Add a comment

GIA and De Beers Will Speak on Synthetic Diamonds

Leading research scientists from Gemological Institute of America and De Beers Technologies UK will speak on the topic of synthetic diamonds during GIA GemFest Basel 2015 on Sunday, March 22 at the Congress Center Basel in Switzerland.

Tom Moses, executive vice president and chief laboratory and research officer for GIA, will moderate the discussion with Dr. Simon Lawson, head of technologies UK for De Beers and Dr. Wuyi Wang, director of research and development for GIA. The free event will commence at 5 p.m. in the Montreal Auditorium, with a reception to follow.

The technology for creating synthetic diamond has improved significantly over the last decade and, as a result, gem-quality synthetic diamonds have appeared in greater quantities and received wider media exposure.

Reports of synthetics being presented as natural, however, have raised concerns within the industry. GIA and De Beers have applied years of research to identifying these laboratory-grown diamonds, resulting in devices and methods that effectively distinguish them from natural diamonds – from the smallest melee to stones of significant size.

GIA’s Wang and De Beers’ Lawson will speak at GemFest Basel about the latest research on synthetic diamonds and their identification, and how GIA and De Beers are working to meet the on-going challenges posed by potential non-disclosure. A question and answer session will immediately follow the moderated discussion.

Lawson has 20 years of experience with De Beers researching the growth and characterization of synthetic diamonds. He has held a key role at De Beers since 1995 in the strategy and development of the various De Beers verification instruments used to identify synthetic and treated diamonds.

Prior to joining De Beers, Lawson was awarded a Royal Society Fellowship and spent four years at the National Institute for Research in Inorganic Materials in Japan. He holds a doctorate in optical spectroscopy of diamond from King’s College in London and a Bachelor of Science degree in physics.

Wang joined GIA in 2000 and has more than 20 years of expertise in diamond geochemistry and the treatments of diamond and other gem material. He holds a doctorate in geology from the University of Tsukuba in Japan and a bachelor’s degree in geology from Beijing University in China. He is widely published in gemological and geological journals, and is recognized with numerous honors including the AGS Richard T. Liddicoat Journalism Award and Dr. Edward J. Gübelin Most Valuable Article Award from Gems & Gemology.

Add a comment

WJA Recognizes 2015 Shining Stars

The Women's Jewelry Association has announced the winners of its 2015 Shining Star awards, which annually recognize a member from each regional chapter who has given extraordinary service to her chapter.

The winners receive an expenses-paid trip to New York City, where they will be honored on March 10 at a special In The Spotlight evening event at Convene, 730 Third Avenue, 27th Floor, New York City, from 5:30-7:30 pm. Shining Stars also receive discounted tickets to WJA's In The Know educational conference, also taking place on March 10 on Convene's 8th Floor.

The Shining Stars for 2015 are listed below, along with the chapters that elected them.

Click here

for information on attending the In The Spotlight cocktails and buffet dinner event, where the Shining Stars will be honored on March 10.

Irene Canivet, San Diego Chapter

Irene Canivet is the owner/manager of Inspirata Vita, a company that provides resources and support to help jewelry professionals and employers with employment and career success. Carnivet has more than 38 year of practical experience in the jewelry industry and more than 30 years as a career and employment counselor. She has earned multiple Gemological Institute of America diplomas, along with the equivalent of an Associate's degree in Employment Counselling (Canada) and a Master of Arts in Education degree. Her work experience includes an interesting variety of opportunities in the jewelry industry in Canada and the USA, including a trade shop, retail stores, television shopping, design/custom, and education. Along with her work at Inspirata Vita, Irene teaches Human Resources: Recruitment and Selection to college students and contributes to the WJA San Diego chapter as the web/communication chair.

Patti J. Geolat, Southwest Chapter

Patti J. Geolat made her reputation in the jewelry industry by being a well-respected appraiser, and her first appraisal credential was as a personal property appraiser with a special designation in antique and period jewelry. She spent 15 years serving on the board of Jeweler Mutual Insurance Company, nine of them as chairman. Geolat also served as interim president and CEO of Jewelers Mutual from 2008 to 2009. After this, she began focusing on estate jewelry and now partners with retail stores nationwide to bring her knowledge of estate jewelry both to the industry and to private clients of partner retail stores. Geolat has also launched a nonprofit organization, Something for Kelly, named after her late niece Kelly who lost her battle with anorexia in 2009. It empowers children ages 6-12 to overcome any predisposition they might have to eating disorders. Geolat has served on the WJA international board, and is now an active member of the Southwest chapter.

Karen Golembeski, New England Chapter


Karen Golembeski, is director of sales and marketing for Chronomatic, Inc., East Greenwich, RI, an established jewelry manufacturer of service, recognition, and award jewelry. She has over 30 years' experience in the industry, working in a variety of sales and manufacturing jobs, including with Pranda Jewelry Ltd., Bangkok, where for 20 years she managed a national sales force, executed sales strategies, and planned new market development. Golembeski has been involved with WJA since 1989, first as a member of the New England chapter, then becoming membership chair in 1999, serving as co-president 2004 through 2006 and then president for the next eight years. She also serves on various charity and civic organizations.

Katie Hammond, Midwest Chapter

Katie Hammond is the founder of an online fine jewelry magazine BRIGHTER (b-brighter.com) and the president of KH Fine Jewelry & Consulting. She has over a decade of experience with fine jewelry assuming a broad range of roles within the industry. After graduating from the University of Notre Dame, Hammond entered the world of auctions taking a position at Leslie Hindman Auctioneers in Chicago, where she became director of fine jewelry and director of the consignment department, and served one of the company's auctioneers. Hammond then took a position at the prestigious Trabert & Hoeffer Jewels on Oak Street in Chicago - the same jewelry store that her grandfather owned 40 years ago. Hammond is a member of the National Association of Jewelry Appraisers and the current vice president of the WJA Midwest chapter.

Sue Karr, Twin Cities Chapter

Sue Karr is a graduate of University of MN-Business. She worked for an independent retail jeweler in downtown Minneapolis in sales, customer service, watch buyer and assistant fashion buyer for 12 years. Karr started a part-time retail business while raising her family, which she liquidated after 15 years when the gold market started rising. She took GIA classes via correspondence course. She then worked for another retail jeweler as store manager for 8 years. She is now on the wholesale side of the industry and works for Killian Jewelry, designer Killian Reider's new designer line of sterling silver and genuine stones. Karr is on the GIA Alumni chapter-Twin Cities board as secretary and on the MN-ND Jewelers Association board as vice president. She joined the board of the WJA Twin Cities chapter five years ago, and co-chairs the membership committee.

Alexis Kletjian, Boston Chapter

Alexis Kletjian is currently creating her first collection of classic jewelry investment pieces meant to be worn every day, keeping in mind her mantra: "Creating fine jewelry without compromise. Empowering women to invest in the foundation of their individual style." Kletjian believes in curating a well-balanced jewelry box, filled with a collection her clients will treasure in this lifetime and in the lives of those they leave behind. She designs with two things in mind - wearability and longevity. Although Kletjian spent the last two decades immersed in the world of fashion through conception, creation, and collaboration, it is her childhood spent in the Boston Jewelers Building and her exposure to the elements of jewelry design that that has led to this new career path. Kletjian is working towards her GIA graduate gemology diploma and is the vice president of WJA Boston chapter.

Adrienne Krieger, Seattle Chapter

Adrienne Krieger is the founder of Everling Jewelry, a Seattle based company and boutique, specializing in custom, one-of-a-kind fine jewelry in gold and platinum. She believes that the client should be an integral part of the custom jewelry process and that each piece of jewelry has a story. Building a relationship with the wearer is at the heart of bringing that story to life. Krieger first dove into the jewelry industry in 2004 at Colorado State University, where she fell in love with the metalsmithing craft, while earning her BFA in sculpture. After graduating in 2006, she moved to Washington State to take a position with a local company that provided daily interaction with several jewelry manufacturing processes. There, she worked in CAD and trained in highly technical bench work. Krieger is currently serving as treasurer on the board for the WJA Seattle chapter.

Janet Ma, Los Angeles Chapter

Janet Ma was born and raised in Los Angeles, CA. She was introduced at an early age to the jewelry world through her family's wholesale business in downtown L.A. and quickly developed a love and passion for the industry. After graduating from the University of Southern California with a degree in finance, and then earning her MBA, she founded her company, Majolie Collections, in 2009. Staying true to her personal style, her designs feature delicate workmanship set with diamonds and precious gemstones that cater to the everyday modern, fashion-forward woman. In her spare time she enjoys cooking and experiencing new cuisines (she's a self-proclaimed "foodie"), traveling, and enjoying life with family and friends. She currently serves as treasurer of the WJA Los Angeles chapter.

Lilly Sinelnik, Colorado Chapter

Lilly Sinelnik has been working in the jewelry industry for over five years and has always had a strong interest in all things jewelry. To pursue her passion for design and jewelry, she recently formed her own company, This is Lilly, which focuses on graphic design and marketing in the jewelry industry and beyond. Lilly joined the Colorado chapter of the Women's Jewelry Association at its launch in 2013 and quickly got involved with the board. "This amazing group of women has offered priceless support and guidance to me through this next step in my career."

Lauren Thompson, Metro New York Chapter

Lauren Thompson is currently the communication manager at Jewelers of America. In this role, she communicates JA's message of consumer confidence in jewelry and promotes the association's retail and supplier members to trade and consumer audiences through email marketing, web content and print communications. As the digital communications leader at JA, Lauren also oversees JA's website content and web development. Lauren began her communications career in publishing with an internship atProfessional Jeweler magazine, which led to an editorial position at the Basel Magazine, headquartered in London. She continued her editorial career at B2B magazines in New York, where she developed a strong background in website redesign and e-newsletter production. Lauren holds a degree in English Literature with a minor in Film from Mount Holyoke College. She is communications director for the WJA Metro NY chapter board and also serves as public relations chair for the WJA international board.

Clare Ullman, Northern California Chapter

Clare Ullman of Clare Ullman Design has been creating elegant jewelry with precious gemstones and pearls for more than 20 years. Her jewelry designs evolved naturally from her career in the fashion industry in San Francisco, as an executive at Macy's Union Square Personal Shopping Department. Inspired by her travels in Asia and Europe, she began manufacturing her original designs in Bali, creating a collection that is now sold in fine boutiques, jewelry stores, and galleries around the country. Her designs have been worn on the Red Carpet at the Academy Awards and she has been recognized with awards from the Cultured Pearl Association and San Francisco's acclaimed Designers by the Bay. Since joining WJA in 2004, she has been passionate about the organizational mission to support women in the jewelry industry and mentoring emerging designers and women in the field. Clare has been on the NorCal board for the past 8 years, serving as president from 2010 to 2014. She currently serves as Western Regional Director of WJA's international board.

Laurie Watt, Ohio-Kentucky Chapter

Laurie Watt is a wholesale gemstone dealer, which she has done for 35 years with her partner of 32 years and husband, Simon Watt, and her son Geoffrey. She is passionate about gemstones and has always advocated disclosure and correct nomenclature in regards to treatment. She has a second business, a small jewelry gallery, which is located in her community's 200-year-old downtown in Maysville, KY. Watt has been very active in supporting other women within the jewelry industry. She started as a gemstone dealer in the late 1970's and when she could count on one hand the number of other women in the business. She helped found WJA chapter in Los Angeles in the 1980s. Years later, after relocating to Kentucky, she became active in the Chicago, IL chapter, and now serves on the Ohio-Kentucky chapter.

Add a comment

JA Seeks Scholarship Applicants

Jewelers of America funds scholarships for members on renowned industry diploma, professional development and certification programs. JA awards scholarships during the enrollment period from February 1st, 2015, through September 30th, 2015, and employees of JA Member companies are encouraged to apply.

“Jewelers of America is committed to giving our members affordable, convenient opportunities for their professional development,” says JA Director of Public Affairs & Education Susan Posnock. “The JA scholarship fund covers up to 60% of fees for training at GIA and other leading industry programs and makes continuing education a realistic opportunity for employees of JA Member companies.”

Exclusive JA scholarships are available for the Gemological Institute of America (GIA), Diamond Council of America (DCA) and Jewelers Education Foundation of American Gem Society (JEF). Scholarships are also available for Jewelers of America’s Bench Professional Certification program.

Applicants must be an employee at a JA Member store and at least 18 years of age. They must have at least one year’s experience in a JA Member store or two years’ experience in the jewelry industry.

For more information and to download the application, visit www.jewelers.org/benefits/education/jewelry-scholarships/ or contact JA’s Member Services at (800) 223-0673.

Add a comment

DEF Announces Diamonds in the Sky Las Vegas 2015

Following its successful Diamonds in the Sky Las Vegas Gala in 2014, the Diamond Empowerment Fund will once again kick-off the 2015 JCK weekend with their Diamonds In The Sky Gala in Las Vegas.

The Gala celebrates diamonds and the positive impact made by the diamond industry worldwide and will take place in the Four Seasons Ballroom on Thursday, May 28, beginning at 6:30pm.

Presentation of the Diamond Empowerment Fund’s 2015 Global Empowerment Award will be made to Prime Minister Narendra Modi and the Government of the Republic of India in recognition of their global leadership and contributions to democracy, development and the growth and expansion of the international diamond industry. D.E.F President Phyllis Bergman affirmed, “We are thrilled to honor India at Diamonds in the Sky Las Vegas 2015.”

Diamonds In The Sky Las Vegas 2014 saw a historic gathering of global diamond industry leaders as the 2014 Global Empowerment Award was presented to President Ian Khama and the Government of the Republic of Botswana. Over $1 million dollars was raised to benefit D.E.F’s global 'Diamonds Do Good' mission of supporting education initiatives that help people from diamond communities around the world.

Premier Presenting Sponsors include Chow Tai Fook Jewellery Group, Inc., De Beers Group of Companies Rio Tinto Diamonds, and Signet Jewelers Limited (Kays Jewelers, Jared the Galleria of Jewelry, Zales Jewelers).

Add a comment

Synchrony Financial’s Customer Service Re-Certified by BenchmarkPortal

Synchrony Financial has been re-certified as a 2015 Customer Service Center of Excellence from BenchmarkPortal, LLC, a global leader in the contact center industry.

Awarded to customer service call centers that rank in the top 10 percent of all call centers audited, the designation applies to all Synchrony Financial call center locations worldwide and specifically cites the business for high customer satisfaction, and other effectiveness and efficiency measures that surpass industry averages.

The re-certification follows initial certification for 2014, and the naming last year of Synchrony Financial as the winner of BenchmarkPortal’s “Top 100 Call Centers Contest” in the Large Center (250+ Agents) category.

“Earning certification for a second consecutive year truly validates our work in customer service and support,” said Kurt Grossheim, chief operating officer of Synchrony Financial. “These awards recognize the important value of the customer-focused experience we bring to our partners and their customers.”

BenchmarkPortal audited Synchrony Financial’s call center metrics and processes, comparing key performance indicators with best practice data from thousands of contact centers. The rigorous certification process is metrics-driven and assesses call centers against objective and quantitative data for efficiency and effectiveness.

“The certification of Synchrony Financial is a direct result of its leadership’s commitment to balancing cost-effective service solutions with best-in-class service performance,” said Bruce Belfiore, CEO of BenchmarkPortal. “It is an achievement of distinction.”

Add a comment

JVC Urges Electronic Filing of Cash Transactions

The Jewelers Vigilance Committee has released the following statement regarding the reporting of cash transactions:

“Our industry has long been familiar with the obligation to report to the U.S. Treasury Department when sellers receive over $10,000 in cash. 

Some companies submit many 8300 Forms every year, documenting these transaction, and others rarely receive large quantities of cash and thus only infrequently file.  No matter the frequency of filing, however, the forms can be submitted electronically.  Not only is this the method preferred by the government, it has several advantages over paper filings sent by mail.  

First, electronic filing is the quickest way to report cash transactions to FinCEN, the office of the Treasury Department that reviews the reports.  Delivery is immediate, and filing acknowledgements – which serve as receipts – are sent back to the submitter within 48 hours.

Second, electronic filing is the most secure way of submitting this sensitive information. 

Regular mail can be lost, delayed, misrouted or even end up in the wrong hands.  The electronic filing system, on the other hand, is strongly encrypted and thus very protected.

Third, cash transaction reports that are submitted electronically are processed sooner than paper submissions.  This means that information of potentially critical importance to law enforcement – regarding money laundering and terrorist financing – is reviewed and acted upon far more quickly.

Fourth, electronic filings are becoming customary in our interactions with the government.  At some point they may well become mandatory.  It is a good idea to be ready for that likelihood by gaining familiarity with FinCEN’s e-filing system now.

For more information about e-filing, and the enrollment process, visit this FinCEN webpage: bsaefiling.fincen.treas.gov.

Remember to file an 8300 Form anytime you receive over $10,000 in cash in one transaction or in two or more related transactions.  Any transactions conducted by the buyer and the seller in a 24-hour period are considered related transactions.  They are also considered related if the seller knows, or has reason to know, that the transactions are connected. 

Note that when filling out the 8300 Forms you will be required to provide identifying information concerning the buyer, including the Taxpayer Identification Number for an individual or sole proprietorship, or the Employer Identification Number for corporations, partnerships or estates. 

Submit the 8300 Form within fifteen days of the date you receive the cash.

Please contact the Jewelers Vigilance Committee if you have any questions about cash transactions or 8300 Forms, or any other anti-money laundering obligation, at 212-997-2002 or askamlexpert@aol.com.”

Add a comment

Stuller, Inc. Announces 2015 Bridge Event Dates

Bridge, which focuses on helping retail jewelers do better business, will soon kick off its sixth season.

The two-day events are filled with learning about new selling strategies, product and technology innovations, and everything jewelers need to know to keep their businesses competitive today and tomorrow, while providing an open environment to network and share. Jewelers leave with insight, inspiration, and confidence in the future.

“The whole experience was incredibly valuable for me and for my company,” says Shelly Benes with Alvin Goldfarb Jeweler in Bellevue, WA. “The Stuller staff was warm and hospitable and we never felt pressure or were made to feel like this was a sales presentation, but more of a community celebration for us to be successful.”

“That’s why we created Bridge,” says Ken Dugas, Stuller’s executive director of events. “At Stuller, our business is to make sure your business succeeds.”

The 2015 Bridge event schedule is as follows:

  • April 12–14           
  • May 17–19
  • August 23–25
  • September 13–15
  • October 4–6
  • October 18–20

 

For more information on Bridge and to request an invitation, visit Stuller.com/Bridge, call 866-751-5692 or email events@stuller.com.

Stuller, Inc., headquartered in Lafayette, LA, was founded by Matthew Stuller in 1970. The DTC Sightholder provides a wide range of goods and services for jewelry professionals. Stuller’s core product categories include: diamonds, gemstones, finished jewelry, mountings, findings, bridal jewelry, contemporary metals jewelry, tools and supplies.

Add a comment

JAPAC Elects Jenny Caro Board Chair

The Jewelers of America Political Action Committee, the only PAC that supports the fine jewelry industry in Washington, D.C., has elected Jenny Caro, owner of Jewelry by Design, Woodbridge, VA, as JAPAC Board Chair.

Through JAPAC, individual Jewelers of America members can join with other jewelry businesses in contributing to candidates for office at the federal level, who understand the interests of the jewelry industry.

JAPAC helps Jewelers of America and its legislative team in Washington keep jewelers’ interests front-and-center in the nation’s capital, giving jewelers a collective voice through contributions to political campaigns. The need for the jewelry industry to make its case continues to grow as legislators are being approached by countless industry groups looking for attention on key issues like sales tax fairness.

 “Jenny recognizes how important it is for jewelers to speak up for their businesses on Capitol Hill. We are thrilled to have her take on this new leadership role within JAPAC,” says JA President & CEO David J. Bonaparte.

Caro takes over for Scot Congress, co-owner of Congress Jewelers, Sanibel, FL, who served as JAPAC Chairman for the last three years, presiding over significant growth of the PAC.

“JAPAC fundraising and participation ensures lawmakers are aware of the industry’s needs, and I expect Jenny’s energy and enthusiasm to help bring it to the next level,” says Bill Farmer Jr., Chairman of JA’s Board of Directors and a former JAPAC Chairman.

Jenny Caro is owner, along with her husband, John, of Jewelry by Design in Woodbridge, VA. The couple opened Jewelry by Design in 1989 to specialize in custom creations of their own making and have expanded the store several times in the last few years. Caro traces her love affair with jewelry to a high school jewelry making course. She went on to earn a bachelor’s degree in Fine Arts/Jewelry and to teach jewelry making at the high school level prior to starting her own jewelry business.

Caro has served on the JA Board of Directors since 2013. She is active in local and Virginia politics and participated in her first fly-in to Washington, D.C., with the Jewelers of America Political Action Committee this past June. She credits the trip for helping to raise her awareness and interest in JAPAC and the need for jewelers to advocate for their businesses on the federal level.

“I’m excited and honored to be taking over as Chair of the Jewelers of America Political Action Committee,” Caro says. “Attending the JAPAC visit to Washington, D.C., last year was a real eye opener from me, underlining how critical it is for jewelers to stay active, engaged and in front of lawmakers. By raising awareness of JAPAC, I hope to empower other Jewelers of America members to fight for their businesses on Capitol Hill.”

For more information about JAPAC as well as key legislative issues that Jewelers of America is tracking, visit www.jewelers.org/japac.

Add a comment

Borsheims Hosts Speed Networking Event on Ethics

Participants met in pairs to discuss business ethics at Borsheims.

Omaha’s business executives and young professionals met at Borsheims Thursday, February 19, for a speed networking event focused on ethics in business.

The event, sponsored by Borsheims and Creighton University’s Business Ethics Alliance, brought thirty participants together inside the Omaha jewelry store to learn more about using practical business ethics to make their workplaces and cities better.

Similar to speed dating, each business executive and young professional were paired up for 5 minutes to talk one-on-one. Every 5 minutes, they rotated tables to meet with a different person. The pairs discussed a variety of ethical questions suggested by the Business Ethics Alliance. Some of the topics included:

  • Talk about a time when you or someone you know displayed integrity at work.
  • Describe tactics you can use to display moral courage at work or at home.
  • What is one of your favorite ways to engage in community responsibility?

The event was held on the same day that Borsheims parent company, Berkshire Hathaway, was recognized by Fortune Magazine as one of the world’s Most Admired Companies. Berkshire Hathaway was ranked third in the annual ranking, its highest ranking ever. Borsheims has been part of the Berkshire Hathaway family for more than 25 years and takes great pride in operating ethically, as modeled by Berkshire Hathaway Chairman Warren Buffett.

The Business Ethics Alliance and Borsheims have partnered together for over 5 years to offer resources and events for businesses and their employees to be educated on the competitive advantages of ethical business practices. Borsheims President and CEO Karen Goracke is a trustee of the Business Ethics Alliance.

In addition to hosting the speed networking event at Borsheims, the store also provided complimentary wine, snacks, and gift bags for all the participants.

For more information about Borsheims, contact Adrienne Fay at (402) 391-0400 or adriennefay@borsheims.com.

Add a comment

India’s Export Council Opens Eighth Annual Signature

Mr.Kirtilal Doshi, Mr Vipul Shah & Mr.Andrey Polyakov seen at inaugration of GJEPC's IIJS Signature 2015

The Gem and Jewellery Export Promotion Council officially inaugurated its eight edition of Signature on February 20 at the Bombay Exhibition Centre in Mumbai.

Over 580 exhibitors will be participating, with over 1,100 booths spread over the 30,000-sq-m venue.

The event will witness more than 7,000 national and international visitors through February 23.

The event was inaugurated by Chief Guest Andrey Polyakov, Vice President, Alrosa, Russia; Guests of Honour Shaina NC - Social Worker; Kirtilal Doshi, industry stalwart; Vipul Shah, Chairman, GJEPC; Pankaj Parekh, Vice Chairman, GJEPC; Nirav Bhansali, Convener – Exhibitions Sub Committee (National), GJEPC; other senior officials from GJEPC and eminent members of the trade.

Stalls at GJEPC's IIJS Signature 2015

The distinguished guests lit the lamp as a mark of commencement, which was followed by an inauguration of the show catalogue, called ‘Glorious Indian Diamonds.'

Speaking at the event, Vipul Shah, Chairman, GJEPC said, “There is widespread optimism that good times are ahead. The government has shown foresight and vision in supporting our industry with plans for a special diamond import and trading zone. We must use the opportunity to ensure that India truly becomes a global hub for gems and jewellery.

Mr.Vipul Shah- Chairman, GJEPC,Ms.Shaina NC- Social Worker, Mr.Andrey Polyakov- Vice President, ALrosa & Mr.Kirtilal Doshi- Industry Stalwart at GJEPC's IIJS Signature 2015.

“A show like Signature, not only supports the growth of the gems and jewellery industry, but also elevates it to higher levels of sophistication. Every year, we observe improvements in the design and quality of the products. And the retail sector from all parts of the country flock to Signature in greater numbers to purchase stocks for customers who are ever more demanding. Both the buyers and sellers are grateful that the show provides greater efficiencies in sourcing.

“The jewellery events organized by the Council such as the mega IIJS, Signature, IIJW and IGJME have provided useful platforms for the industry to grow and collectively raise the bar in terms of quality, design and business practices. We are delighted to welcome you to Signature 2015 and wish you a very successful show.”

Mr.Sabyasachi Ray, Mr Nirav Bhansali, Mr.Andrey Polyakov, Ms.Shaina NC, Mr.Vipul Shah, Mr.Kirtilal Doshi & Mr.Pankaj Parekh seen at GJEPC's IIJS Signature 2015.

Marking the event, Chief Guest Andrey Polyakov, Vice President, Alrosa, Russian Federation, said, “It’s an honor and pleasure to be a part of this event. The relationship between Russian rough diamond industry and Indian polished diamond industry is rapidly growing.

“At the world diamond conference that happened last year, the two leaders from both the countries expressed their support for this industry. We signed long term direct sourcing agreements with 12 Indian polishing companies. We are here for new opportunities. The challenges that we face are generic diamond marketing, syndicate diamonds, banking and many other policies. We want to keep this industry as attractive as the diamond itself.”

Guest of Honour Shaina NC said at the inauguration, ““I believe jewellery is one of the most innovative sectors in India. With every single exhibition, Signature moves ahead with the time. It is India that creates the best jewellery product irrespective of where the diamond comes from. We are happy to work with the gem and jewellery industry to enhance the revenue sector of India.

“This gem and jewellery sector is a true representation of the ‘Make in India’ project of the government. We are proud of the growing jewellery industry talent in India. We hope that there are bigger and better exhibitions with each passing year and have an exhibition soon in Delhi.”

Seen at GJEPC's IIJS Signature 2015

The Signature show this year exhibits eight international exhibitors from USA, Japan, Belgium, UAE and Thailand and had international delegations from Russia, UK, UAE, Saudi Arabia, Turkey, Hungary, Uzbekistan, Lebanon, Egypt, Iran and Bangladesh.

Some key highlights of Signature 2015 are:

The online matching program facilitates participating exhibitors to screen other exhibitors before, get automatic matches to their requirements basis their profiles uploaded and enables to send enquiries to other exhibitors so as to schedule and confirm their appointments prior to ensure easy business negotiations at the event.

The Signature Mobile app enables participants and visitors to seek stalls of various traders and displays the closest route to reach there. The entire road map of the complete signature ground can be viewed via the app.

Registration Hall No 2 is reserved for the privilege and elite club visitors who have not yet registered to procure their badges.

Add a comment

Winners Take Center Stage at India’s Artisan Awards

Some of the industry’s outstanding and innovative jewellery designers were honoured at India’s Artisan Jewellery Design Awards 2014, which concluded on February 20 in Mumbai.

Organised by the apex body of the Gem & Jewellery Industry in India-Gem Jewellery Export Promotion Council, the Artisan Awards provided a platform to jewellery designers to push their creativity and design aesthetics to showcase world-class jewellery.

Besides the 12 winners, industry veterans were also recognized, such as noted Indian jeweller Viren Bhagat, who received the award for Most Accomplished Artisan of Our Time. Suhani Pittie received the Emerging Jewellery Designer of the Year and Ganjam was awarded the Most Accomplished Retailer in Design Excellence.

The event was hosted by Indian actress, model, VJ and television presenter Malaika Arora Khan, and also saw Bollywood style icon and GJEPC’s brand ambassador Sonam Kapoor.

The Chief Guest of the evening was eminent Social Worker Ms. Shaina NC, along with the Guest of Honour B P Pandey, IAS, Addl, Secretary & Financial Adviser, Ministry of Commerce & Industry.

Commenting on the occasion, Vipul Shah, Chairman, GJEPC, said, “Artisan awards is a culmination of designs, creativity, jewellery and glamour to showcase a fitting tribute to Indian cinema. It is recognition of excellence in the gem and jewellery sector industry and sets a benchmark for the industry in terms of its overall performance. I extend my congratulations to all the award winners for their salutary performance and hope they propel the jewellery industry to even greater heights in the years to come.”

Brand ambassador Sonam Kapoor commented, “Being a self-confessed film buff and having a penchant for jewellery it was a treat to see intricate designs as part of wearable jewellery. From the exquisite detailing of the jewellery designs, you can tell that the candidates have put their heart and soul into showcasing pieces that are representative of Bollywood films through various eras. My heartiest congratulations to all the award winners who I know will raise the bar of the industry even higher.”

The winners will have the opportunity to intern with the prestigious international jewellery houses Roberto Coin and Swarovski.

In addition, winners will win cash prizes and a fully paid trip to visit the Basel Jewellery and Watch Fair 2015, wherein their designs will be displayed in the India Palace Pavilion at Basel.

Awards has partnered with RBS, Gemfields, Forevermark, Platinum Guild India, Grand Hyatt and Vogue.

Among the 12 winners announced, candidates who topped each of the 4 categories were Swati Kadam, Meghna Bag,Subhankar Bhowmick and Shrutika Patankar.

{igallery id=8527|cid=1478|pid=1|type=category|children=0|addlinks=0|tags=|limit=0} Add a comment

ASA to Offer Advanced Gemological Training

The American Society of Appraisers will offer advanced gemological training for gems and jewelry professionals.

The first of two courses, “GJ209b: Masters Class Recognizing Treated Gems and Origin Issues,” will be offered  May 16-17, 2015 in Chicago, IL.

The course was developed exclusively for ASA by Dr. Cigdem Lule, PhD in collaboration with Christopher Smith, President of American Gemological Laboratories (AGL), NY. Dr. Lule will be the primary presenter with Mr. Christopher Smith providing scientific support and teaching the “Country of Origin” focused portion of the program.

The course will cover the most commonly encountered gem treatments in the most commercially important gemstones species, and will also provide attendees with current information about country of origin issues, including how geologic formation influences treatment options as well the market impact of country of origin.

The second course, “GJ209a: Masters Class Diamond Grading Update,” which was developed by GIA, will be offered to members only May 21-22 in New York, NY. Instruction will be provided at GIA’s new campus located at the International Gem Tower in the heart of the Diamond District.

The course will cover clarity and color grading techniques employed in the GIA laboratories, followed byhands-on; mounted diamond grading considerations; identification of diamond treatments and synthetics.

“ASA continues with its efforts to offer advanced gemological training”, says Teri Brossmer, a Glendora, CA based gemological and valuation expert who holds ASA, MGA, and G.G (GIA) designations. As education chair for the society’s gems and jewelry discipline, Brossmer adds “professional jewelry appraisers will benefit tremendously from the hands-on nature of these courses.”

Tuition for each class is $995 for ASA members and $1,095 for non-members. 

To register or for more information visit www.appraisers.org or call (800) 272-8258.

Add a comment

Atlantic Diamond Company Launches New Web Site

Atlantic Diamond Company has launched Atlanticdiamond.net, which aims to extend the reach of all its diamond and jewelry programs by serving jewelry retailers interested in growth and seamless supply.

The new website features the Virtual Inventory Module allowing over 3,000 pieces of fine jewelry as well as over 1,000 certified loose diamonds on jewelers' websites at their markup levels.  The redesign incorporates bold colors and graphics and completely new navigational tools.

In addition to having an online inventory, the new site offers users to memo diamonds and fine jewelry right off the site. The site is organized to provide quick and direct access with the use of categories and sub-categories.  Most importantly, if a user is not sure exactly where to look for specific piece, simply fill out the 'Contact Us' page to start communication.  

Among the features on atlanticdiamond.net, 'Diamond Search' provides actual images with a loupe tool and certificate information so it can be printed and even emailed to the retailer's client.

It can take visitors quickly to the diamonds and jewelry they are looking for, but also allows them to share, memo, and ship seamlessly. 

"Services" features the Virtual Inventory Module, Lifetime Trade-Up, and loose diamond price lists in PDF format.

Add a comment

Expert on Wearable Technology to Give Keynote at MJSA Expo

Ben Smithee, a consumer-trends expert who was nominated as one of the "Top 10 Youth Marketing Professionals in the U.S.," will deliver the keynote presentation on wearable technology and other "disruptive" trends at MJSA Expo New York, March 8-10 at the Hilton New York.

Smithee's session, "The Cyborg Consumer: From Wearable Tech to 3-D Printing," will anchor a seminar program that also includes renowned educator Blaine Lewis of the New Approach School in Franklin, Tennessee; pricing guru David Geller of Jeweler Profit in Atlanta; gemologist/author Antoinette Matlins, co-author of Gem Identification Made Easy: A Hands-on Guide to More Confident Buying and Selling; and marketing expert Chris Ciunci of TribalVision in Providence, RI. The program was developed and sponsored by the MJSA Education Foundation.

Expo will also feature three special educational events, including a special MJSA Journal Live in which the latest welding and CAD/CAM technologies will be available for testing and comparison.

"Attendees have told us that the educational program is a vital part of the Expo experience, and they rely on it to keep them informed and inspired," says MJSA President/CEO David W. Cochran. "This year's program has been developed to not just meet but exceed those expectations, covering everything from the latest revolutionary technologies to crucial technical and marketing practices."

Among the highlights:

• Smithee's keynote presentation (March 9, 10:30 a.m. to noon) will focus on the new era of technology-driven production and consumption, in which jewelry can monitor its wearer's health and 3-D printing is changing the way jewelry is made. A sought-after consultant and speaker in consumer trends, buyer behavior, technology, and marketing, Smithee has worked with Coca-Cola, McDonalds, Rio Tinto Diamonds, and leading U.S. retail jewelry brands, among others.

• Lewis, known for his innovative teaching methods, will give an "At the Bench Live" presentation on how to set marquise, pear-shaped, and other sharp-angled gems that are coming back into fashion (March 8, 3 to 5 p.m.).

• Geller's Blue Book to Jewelry Repair & Design has become the pricing guide for more than 3,000 stores internationally, and it's known as the "repair bible." In this session, Geller will offer his insights into how to properly price and profit from custom design and repair work, ensuring all costs are covered and margins remain high (March 8, 1 to 2:30 p.m.).

• Matlins, a popular guest on such programs as ABC's Good Morning America, CBS's This Morning, and NBC's Today, will give Expo attendees lessons in how to buy and sell colored gems (March 8, 10:30 a.m. to noon) as well as how to identify enhanced gems and synthetics (March 9, 1 to 3 p.m.).

• Ciunci, founder and managing partner of the TribalVision marketing company, will present the session "Market Smarter," in which he'll explain how to develop a strategic plan, generate leads, and boost revenue (March 9, 3:30 to 5 p.m.).

All of the sessions will take place on the third floor of Expo New York.

In addition, Expo will feature three special educational events:

• MJSA Journal Live, in which the pages of the association's flagship magazine come to life, will offer attendees the opportunity to try out and compare the latest CAD/CAM and welding technologies. This is the first time all of the technologies will be presented side by side (March 8-9, all day).

• Custom jeweler Joel McFadden will lead Jewelry Making 101 (and Beyond), offering instruction in bench work from beginner to advanced levels. This year's sessions, all of which will take place March 9, include "Level One: Working with Different Metals" (noon to 1:30 p.m.), "Level Two: Sawing and Piercing (2 to 3:30 p.m.), and "Level Three: Tricks for Everyone" (4 to 5:30 p.m.).

• Leading industry experts—Ben Janowski of Janos Consultants, Cindy Edelstein of the Jeweler's Resource Bureau, Eugene Brill of Jewelry.com, and Matthew Perosi of the Jewelry Website Advisory Group—will be available for informal, one-on-one "Ask the Expert" sessions on March 8 and 9, from 2 to 4 p.m.

For more information on MJSA Expo New York and its educational programs, go to MJSA.org, or call 1-800-444-MJSA (6572).

 

Add a comment

Richline Group to Acquire the Worldwide Chrysalis Brand

Richline Group, Inc. has reached an agreement to acquire Chrysalis, a worldwide brand focused on creating stackable bangle bracelets adorned with talismans, good luck charms, and spiritual symbols.

Established in 2007, the Chrysalis brand was born of founders Andy and David Maine's mutual love of jewelry and travel. What began as a chance meeting in London's Portobello Market rapidly evolved into a spiritually-infused collection of expandable, bangles that make it easy and affordable for women to share and express their favorite memories.

"Chrysalis is a leader in the growing trend of unique and personal stackable bracelets. We could not be more excited to be a part of one of the first, and hottest, new trends in jewelry since the introduction of charm bead jewelry," said Ramona Genao-Archibald, Richline Brands' EVP of Merchandising.

Dave Maine, co-founder of Chrysalis, explained that, "Richline is the perfect home for our brand. They pair a clear understanding and belief in our brand with exceptional sales, operational, merchandising and marketing support."

"Chrysalis is a wonderful addition to the family of brands that have helped make Richline the company that it is today," said Richline Group CEO Dennis Ulrich, "We look forward to sharing their amazing designs with our retail partners, and to helping spread their message of love and light to women across the world."

Add a comment

Jewelers for Children Announces 2015 Rings of Strength Tour

The 2015 edition of the Jewelers for Children Rings of Strength Tour will be held for Thursday, May 28, 2015 in Las Vegas. This will be the third installment of the popular event.

Start time will be at 5:30 a.m. outside the tour bus entrance at the Mandalay Bay Resort Casino.

Participants will be able to choose between a 5K walk or run, a 50K challenging bike ride in the foothills of Red Rock Canyon and new for 2015, a shorter, easier 15K bike route.

The previous two events have included hundreds of participants and have generated over $100,000 to benefit children in need.

The event is structured so that participants can complete the course and have sufficient time to prepare for a day of work at the Las Vegas events.

“We received a number of requests from bikers who were looking for a shorter, less-challenging route that they could complete and still put in a full day of work.” said Rebecca Foerster, Executive Vice President Strategic Planning and Marketing at Leo Schachter Diamonds, and a JFC board member.

The event has a real sense of camaraderie and provides an outlet for folks who have a hectic day during a busy week.”

Participants can visit www.ringsofstrength.org to sign up.

During sign-up you create your own unique fundraising page with a unique URL, which can be sent to friends and acquaintances to encourage them to sponsor your participation.

Bikers can bring their own cycles or rent one. McGhies Ski Bike and Board will once again provide rental options and participants can reserve one during the sign-up process.

All funds raised will benefit the Jewelers for Children charity partners.

Sponsorship opportunities are also available. Full details are available at www.ringsofstrength.org, or by contacting JFC.

Add a comment

Ritani Partners with Jewelers Mutual

Ritani has partnered with Jewelers Mutual Insurance Company to further enhance the customer experience and instill confidence to wear their Ritani jewelry without worry.

While jewelry consumers rely on the web as their primary research tool for finding that perfect engagement ring, research shows just 10 percent felt comfortable purchasing it online. Overcoming consumer reluctance by providing an exceptional jewelry-buying experience that combines the convenience of online and the service of a brick and mortar store has been at the forefront of Ritani’s business model since launching in 2012.

Extending its service beyond the initial jewelry sale, Ritani offers a Lifetime Care Package with each purchase, which provides customers with complimentary appraisals, diamond certificates, lifetime cleanings, and a lifetime warranty on manufacturing defects. While the Lifetime Care Package delivers key benefits over other online jewelry retailers, jewelry insurance is not part of the offering.

“We take a holistic approach with our customers and felt it was important to provide a trusted option to choose more comprehensive coverage that protects their jewelry from accidental loss, theft, and disappearance,“ said Brian Watkins, President of Ritani.

“With that in mind, we’re thrilled to team with Jewelers Mutual Insurance Company, the industry leader for more than a century.”

Ritani features a unique “clicks and bricks” business model, blending the traditional e-commerce model while working with a network of over 200 independent brick and mortar retailers throughout the country. The Ritani customer can build and then purchase a piece of jewelry online or they can choose to have it shipped to a nearby jewelry store to preview in person without any obligation to buy.

In collaborating with Jewelers Mutual Insurance Company, Ritani is able to provide its customers convenient access to a personalized insurance quote with one click—either immediately from the online shopping cart or after they receive their jewelry. With integrated websites, Ritani and Jewelers Mutual provide a seamless and efficient insurance-buying experience, eliminating the need for customers to manually enter additional information or send separate receipts and appraisals.

“Consumers are buying jewelry pieces to mark special moments in their life,” said Trina Woldt, chief marketing officer at Jewelers Mutual. “The joy that comes from purchasing a special piece of Ritani jewelry, and the memory it creates, is what makes it worth protecting. What many consumers may not realize is that not all insurance is alike. Other carriers may fall short when it comes to coverage for loss or damage – but at Jewelers Mutual we understand you can’t put a limit on what it takes to make the consumer whole again. Aligning with Ritani -- a brand that’s as passionate as Jewelers Mutual is about jewelry and creating unique experiences -- is a perfect match, with tremendous added benefit for Ritani customers.”

Add a comment

Fancy Color Diamond Prices Demonstrate resilience in Q4

The Fancy Color Diamond Index indicates fancy color diamond prices showed stability in the last months of 2014.

The Fancy Color Diamond Index (The Index), developed by The Fancy Color Research Foundation, was first launched in November 2014 to measure and analyze the performance of these rare diamonds as an alternative asset class. The January 2015 Index read shows that fancy color diamonds are continuing to exhibit consistent price levels, against a backdrop of commodity value declines in Q4 of 2014.

Launching late last year, the Index is the first piece of fancy color diamond market analysis to provide this type of industry intelligence. It revealed that fancy color diamonds, across the categories of pinks, yellows and blues, have increased in value by 167 percent on average since January 2005, outperforming other leading assets in a similar period. The Dow Jones industrial average, for example, has increased 58 percent, Standard & Poor’s 500 has increased 63 percent and London house prices have increased 82.1 percent.

According to the most recent Index read in January 2015, fancy color diamonds remained practically unchanged in the period between October 1 and December 31, 2014. This performance is further testimony to the favorable supply-demand dynamics of fancy color diamonds.

This is especially remarkable when compared to the significant weakness in white diamond prices during the same period: according to the RapNet Diamond Index, 1 carat diamonds prices declined by 5.0% over the same period; 0.30 carat diamond prices declined by as much as 9.2 percent. At the same time, other commodities, including oil, iron ore and coal also suffered steep price declines.

Within fancy color categories, 10 carat blue diamonds (fancy, intense and vivid) experienced the highest price increases (about 4 percent) of all categories.

During January 2015, the FCRF significantly expanded its global contributor reach in collecting pricing data for the Index. For the first time, the data collection process became fully automated: secure, online questionnaires were sent to a large, representative sample of leading fancy color diamond trading organizations, who provided detailed and granular market pricing inputs for all fancy color diamond categories included in the Index. Furthermore, the collected information included, for the first time, pricing data for three new size categories: 1.5, 3 and 8 carats (across all colors).

Ishaia Gol, a member of the board of advisors for The FCRF, commented, “Unsurprisingly, the fourth quarter data collected by the FCRF team reaffirms our knowledge and understanding from the last decade that fancy color diamonds are a separate niche, almost non-correlated to white diamonds.”

“Fancy color diamonds are rare and highly desirable. In periods of financial instability we have witnessed time and again that collectors, retailers and investors are able to maintain their assets’ value even as other asset classes are depreciating in price. This is caused by the inherent lack of global inventory, which is only projected to worsen in coming years. Our data contributors are reporting decline in number of transactions, mainly as a result of political developments in China.”

Add a comment

Roxanne Rabasco Joins Goldman

Roxanne Rabasco, Director of Integrated Marketing & Communications for Frederick Goldman Inc.

Roxanne Rabasco has been named Director of Integrated Marketing & Communications for Frederick Goldman Inc.

“Roxanne’s diverse skill set enables her to bring a strategic vision and focus to Frederick Goldman Inc.” said Jonathan Goldman, Frederick Goldman, Inc., Chairman & CEO. “She is results-oriented and highly collaborative, which will make her a strong addition to the team.”

Most recently, Roxanne worked as Senior Director of Digital & Social Media Marketing for Parlux Fragrances LLC, where she helped build social & digital media strategies for a portfolio of celebrity and designer fragrances. Prior to that, Roxanne worked at Starwood Hotels & Resorts in Events & Public Relations, where she helped launch two new hotel chains – Aloft & Element hotels.

Roxanne will be responsible for planning, developing, managing and implementing new communication strategies, as well as media management and public relations in her new role as Director of Integrated Marketing & Communications at Frederick Goldman, Inc. She will be reporting directly to Robin Ettinger, Chief Marketing Officer.

“Roxanne will help us strengthen our overall marketing, communications and digital presence so each interaction with our customers is consistent and compelling,” stated Robin Ettinger.

Add a comment

Patrick Retzer Joins Jayden Star

Patrick Retzer, fashion sales director of Jayden Star

Patrick Retzer has been named fashion sales director of Jayden Star.

Retzer is responsible for managing key accounts, as well as identifying new opportunities for expansion by the jewelry distributor.

Previously national sales manager of C.G. Creations, Retzer has worked Fred Meyer Jewelers, Shane Co. and Sterling Jewelers.

“Patrick is a great addition to our team and we are excited about the things to come,” says Jason Mandelbaum, Owner. “His experience and attention to clients will take us to the next level, furthering the vision of continuing high quality product matched with impeccable customer service for all our Jayden Star retailers.” For more information, see www.jaydenstar.com.

Add a comment

Edge Retail Academy Offers QuickBooks Integration Service

The Edge Retail Academy has developed a new service to help the over 3,000 retail store users of The Edge software easily integrate and reconcile data with QuickBooks.

ERA’s QuickBooks Integration Service was created to help clients understand and manage accounting procedures for daily business transactions using both software systems. “Alone, each of these programs is an invaluable tool. When you combine their capabilities, you have a business powerhouse,” said Lindsay Steill, ERA mentor and trainer for the QuickBooks Integration Service. “But even the best software isn’t a good investment unless you know how to use it. That’s where we come in.

“Our QuickBooks Integration Service will help you quickly understand how these programs can work together to give you fast and accurate business data. Through remote access, we’ll help you set up both programs, create a chart of accounts in QuickBooks to mirror your Edge integration set-up, and map the accounts from The Edge to QuickBooks. Then we’ll establish a procedure document for balancing your Edge accounts with financial statements in QuickBooks.”

The training will last for two weeks or 10 sessions, and in that time, Steill will also show you how to run a P&L and balance sheet. Clients will be trained on how to reconcile sales, profit, inventory, accounts receivables, and money tendered between the software programs. Other topics will include return to vendor, scrapped goods, missing inventory, refunds due, and sales tax payable procedures.

Steill, a 2014 Certified QuickBooks Administrator, holds an accounting degree from Purdue University and has 12 years experience as the CFO of a multi-million-dollar-guild jewelry store. She joined ERA in 2014, bringing with her a deep understanding of financial topics.

In addition to the QuickBooks Integration Service, ERA will offer two new Edge mentoring programs, both spearheaded by Peter Cardella. The Edge Project Mentoring Program will create a custom mentoring program to help users fully understand and take advantage of all the software’s features. Cardella will personally examine each enrolled business, analyze how their staff uses The Edge, and then provide additional assistance in the areas where they need coaching. He’ll focus on optimizing Performance Reports and Ordering from the Inventory Module and the integrated Customer Resource Tools from Customer Resource Management.

Cardella will also mentor ERA’s new Group Edge-U-Cation Program, which offers specific Edge-related topics, but in a group-webinar setting and at a reduced rate. Group Edge-U-Cation includes a two-hour webinar with a half-hour question/answer period per month, a half-hour personal review session per month, a written summary of the monthly topic agenda, and Full Edge Pulse® software capability.

About The Edge Retail Academy

Co-founded by David Brown, a former jewelry store owner and a 20-year consultant, trainer, and public speaker for the jewelry industry, The Edge Retail Academy offers industry-specific conferences, webinars, and mentoring services to help improve profitability for jewelers worldwide.

 

Add a comment

Designers and Retailers Honored at Centurion Dinner

Twelve winners of the 2015 Centurion Design Awards were announced during a gala dinner at the Centurion Scottsdale Show last week.

The dinner, sponsored by Veranda magazine, also honored the 2015 Vendors’ Choice Retailer Awards, in which Centurion vendors vote for the retailers they deem most outstanding in several business areas.

The retail winners were:

  • Best Merchandise Presentation: Cornell's Jewelers, Rochester, NY Most Community Engaged Retailer: Bailey's, Raleigh, NC
  • Savviest Buyer: Bremer Jewelry, Peoria and Bloomington, IL
  • Best Digital Presence: Be On Park, Winter Park, FL
  • Outstanding Retail Partner of the Year: A three-way tie among Craig's Fine Jewelry, Ridgefield, CT; Diamond Vault of Troy, Troy, MI; and Bailey's, Raleigh, NC.

Also presented during the Veranda gala dinner were the Centurion Design Awards.

The Awards competition, now in its fifth year, are open to all Show exhibitors. Sponsored by Chippenhook, Exhibit Management Corp. and Jewelers Mutual, the competition features 12 categories, with entries on display at the Show and voted on by attending retailers.

The 2015 Centurion Design Awards winners in each category were:

  • Bridal, Beverley K and Colored Stone Classic, JB Star.
  • Colored Stone Fashion, Spark Creations and Contemporary Metals, Rebecca/Testi.
  • Diamond Classic, William Levine and Diamond Fashion, Pleve.
  • Gold, I. Reiss and Mixed Precious Metals, Armenta.
  • Pearl, Mikimoto and Platinum, Michael Bondanza.
  • Sterling Silver, Charles Garnier and Watches, Michele.

Visit Centurion online at www.centurionjewelry.com.

Add a comment

Indian Government Names SRK a “Premier Trading House”

SRK, which exported 348,000 carats of polished diamonds in 2014, has been named a “Premier Trading House.”

The designation is the highest recognition to any export house by the Indian government.

SRK, having the capacity to process more than 720,000 carats of rough diamonds annually and exporting to more than 40 Countries worldwide, is given the status based on the total export performance value during the previous three years.

Rahul Dholakia, SRK Managing Director said, "We are honored and delighted to receive such Status. The certification will ease managing import–export transactions and customs clearance. I believe it’s an SRK footstep towards the vision of our Honorable Prime Minister Shri Narendra Modi’s ‘Make in India’ campaign.”

Add a comment

Day’s Jewelers Named to JA 100 Club

Day’s Jewelers has been inducted into the Jewelers of 100 Club.

The New England-based jewelry chain has been in business since 1914, and operates six successful locations throughout Maine and New Hampshire.

The JA 100 Club was established in 1995 to honor JA Member jewelry stores that have been in continuous operation for a century or longer and have set an example of high professional distinction throughout several generations in their communities.

“By inducting Day’s Jewelers into the JA 100 Club, Jewelers of America celebrates the company’s rare achievement of being an integral part of its community for more than a century. The JA 100 Club honors Day’s Jewelers’ unwavering commitment to superior service and to the highest level of social, ethical and environmental responsibility throughout its years in business,” says JA President & CEO David J. Bonaparte.

Throughout its continuous operation, Day’s Jewelers has remained a family-run business, even though the families have changed.

The company was originally founded in 1914 by Captain Harry Davidson, as a small pawn shop and auction center in Portland, ME. Captain Davidson was joined by his three sons, Sidney, David and Herman to run the business, and over nearly 75 years they grew it into the largest jewelry chain in New England with 21 stores. When the remaining Davidson brothers retired in 1988, the Day’s Jewelers business was bought by Jim, Jeff and Kathy Corey; and Mark Ford.

The Corey’s had a special connection to Day’s Jewelers; Jeff and Jim Corey’s father, Robert, started his jewelry career with Day’s Jewelers at age 11, eventually opening his own jewelry store, Robert’s Jewelry in Madawaska, Maine, where Jeff and Jim learned the jeweler’s craft. The Corey family has been in the jewelry business ever since.

The Davidson family’s commitment to exceptional customer service – learned by Robert and passed on to his sons – is carried on in Day’s Jewelers to this day. Today, husband and wife team Jeff and Kathy Corey run the business with Jim and the help of their children and exceptional staff.

Day’s Jewelers is recognized nationally, and within the jewelry industry, as a leading jeweler with high ethical and professional practices. As a member of Jewelers of America, Day’s Jewelers commits annually to JA’s Code of Professional Practices of the highest ethical, social and environmental practices. In 2003, Day’s created the “Diamonds for Peace” fund designed to help those in need in its local communities and internationally where its jewelry products are sourced. Due to its outstanding commitment to professionalism, Day’s Jewelers was voted one of the “Best Places to Work in Maine” in 2014. Discover all aspects of the Day’s Jewelers Promise at daysjewelers.com/days-social-responsibilities.

Day’s Jewelers mission is “to build a company that stands the test of time,” and they certainly are achieving it. One of the secrets to the company’s success is that it focuses on these four beliefs: a promise to always provide the best value in goods and services; provide everyone with the opportunity to own fine jewelry; conduct business in an environment of trust and transparency; and the belief that the true value of a piece of jewelry is not in its price, but what it means to the person who wears it.

Today, Day’s Jewelers operates six stores located in Maine and New Hampshire, as well as an e-commerce website that serves customers across the globe. For additional information about the history of the company, visit www.daysjewelers.com or contact them in Waterville, ME at (800) 439-3297.

For information about Jewelers of America and the JA 100 Club, call 800-223-0673 or visit www.jewelers.org.

Add a comment

Winner Named of JA “Bling” Sweepstakes

Jewelers of America ran a Valentine’s Day Edition of its “A Little Bit of Bling” Sweepstakes to increase consumer excitement for jewelry in the run up to Valentine’s Day and raise awareness of Jewelers of America-member jewelers as jewelry gift destinations. The sweepstakes offered a prize of a $500 jewelry gift card redeemable at any Jewelers of America-member jewelry store.

JA announced the winner on Thursday; Maria Pitner Rumley selected JA Member Schiffman’s Jewelers in Greensboro, NC, to redeem her prize.

The “A Little Bit of Bling: Valentine’s Day Edition” Sweepstakes ran from January 26 through February 9, 2015, on Jewelers of America’s Facebook page. Nearly 2,200 people entered the sweepstakes. The winner was selected in a random drawing among all eligible entries received. Jewelers of America runs multiple “A Little Bit of Bling” sweepstakes a few times a year. When people enter, they are reminded of the large network of JA Member jewelers across the nation; there are more than 10,000 JA Member retail locations from which consumers can shop.

“The ‘A Little Bit of Bling: Valentine’s Day Edition’ Sweepstakes harnesses the enthusiasm-generating power of social media,” says Jewelers of America Director of PR & Special Events Amanda Gizzi. “Our goal is to get consumers excited about jewelry and increase awareness of our large membership. The gift card helps us share the love this Valentine’s Day with the lucky winner and the selected JA Member jeweler.”

Jewelers of America’s “A Little Bit of Bling: Valentine’s Day Edition sweepstakes was sponsored by Perfect Circle Jewelry Insurance by Jewelers Mutual Insurance Company.

Add a comment

Jewel-Craft Acquires LogoArt

Jewel-Craft, a family-owned and operated full-service jewelry repair and manufacturing trade shop, enters the licensed jewelry market with its acquisition of the LogoArt product line.

Russ Anderson, original co-founder of the LogoArt line, who will act as President of new addition to Jewel-Craft, said: “I’m honored to be given the opportunity to maintain the product line my brother and I worked so hard to create. We’re ready to begin manufacturing the core products that made this line so great, as well as hit the ground running on new product development.” Anderson currently acts as president of Insignia Collection, the manufacturing division of Jewel-Craft, Inc.

This addition to Jewel-Craft, Inc. accelerates the Wesdorp family’s goal to be the jewelry industry’s one-stop shop for all things jewelry.

“We’re certainly excited to tackle this new adventure and are very grateful to have the Andersons in the mix. With this division, our ability to service our customers are virtually endless,” says Gary Wesdorp, President and CFO of Jewel-Craft, Inc.

Jewel-Craft can begin accepting and manufacturing orders for MLB, NHL, NASCAR, Greek, and Collegiate LogoArt products; NBA and NFL licenses are pending.

All existing LogoArt item numbers, customer codes, and services will continue unchanged with orders and customer inquiries directed to Orders@LogoArt.com.

Add a comment


Arnold Schiffman Jr, Dies at 79

Arnold Anthony “Tony” Schiffman, Jr., the family patriarch and the president emeritus of the Schiffman’s Jewelers, died on February 9 after a long fight with Parkinson’s Disease. He was 78.

Mr. Schiffman officially joined Schiffman’s Jewelers after graduating from the University of North Carolina at Chapel Hill in 1957. Trained by his father Arnold A. Schiffman, he was groomed to run the firm founded by his grandfather from an early age, and was known to have said that he never thought of doing anything else.

Mr. Schiffman was named president of Schiffman’s Jewelers in 1965 when his father stepped down, and became the sole owner of the firm in 1975. Under his leadership, Schiffman’s Jewelers evolved from a single establishment to a firm with multiple brands and 11 locations in five states. Over time, Mr. Schiffman discovered the importance of staying true to the company’s niche and purchased long-established companies with similar legacies as his own. But rather than changing their names to Schiffman’s Jewelers, he retained their original names and unique personalities. Allowing Schiffman’s to build on and enhance each firm’s brand equity in their respective markets.

In 1992, Mr. Schiffman surprised jewelry industry experts by reaching across the country to purchase the historic San Francisco jeweler, Shreve & Co. Today, the Schiffman Companies also include: Sylvan’s Jewelers of Columbia, South Carolina; Keller & George Jewelers of Charlottesville, Virginia; Schwarzschild Jewelers in Richmond, Virginia. Schiffman’s Jewelers has locations in Greensboro and Winston-Salem, North Carolina.

While expanding the family business, Mr. Schiffman continually focused on one important tradition––keeping the business in the family. In 2007, he stepped back from the day-to-day operations of the firm, to pass his family’s legacy to his sons Arnold A. Schiffman, III, H. Vance Schiffman and L. Lane Schiffman. Mr. Schiffman continued to work at Schiffman’s Elm Street headquarters daily until his death.

Mr. Schiffman was inducted into the National Jeweler Retail Jeweler’s Hall of Fame in 2012. He was an American Gem Society (AGS) titleholder, as a Registered Jeweler, and a past president of the North Carolina Retail Jewelers Association. In 1974, Mr. Schiffman became the second generation of his family to serve as president of the Greensboro Merchant’s Association. He was a past director of the Greensboro Better Business Bureau, a past member of the Greensboro Rotary and the Merchants and Manufacturers Club, and was a member of the Greensboro Country Club.

Mr. Schiffman is survived by Madeleine, his wife of 56 years; his sons Arnold A. Schiffman, III, H. Vance Schiffman and L. Lane Schiffman, their wives and children. A private family-service will be held in his honor. In lieu of flowers, memorial donations may be made to The Michael J. Fox Foundation for Parkinson’s Research (www.michaeljfox.org) or The Children’s Home Society of North Carolina (www.chsnc.org).

Add a comment

Creative Side Academy Hosts Classes for Young Metalsmiths

Austin, TX-based Creative Side Jewelry Academy is opening their doors to young metalsmiths this summer.

The three one-week classes will focus on working with different tools to make jewelry, including the saw, torch, hammer, and a rolling mill to create texture.

Young Metalsmiths is geared toward 10 to 16 year old students who will leave the program after a week with at least five pieces of jewelry they have personally handmade, along with a taste of mastering some of the ancient techniques of working in metal. Lindsay Hendricks, the instructor, states that there are many advantages for students in creating jewelry. They hone their hand-eye coordination and strengthen their artistic voice, and all the while develop knowledge about subjects such as geometry, chemistry, economics and engineering. She says that her goal is to “Encourage individual and creative expression through the art of jewelry.”

Not only does Creative Side offer the summer Young Metalsmiths program, but they also have classes throughout the year specifically designed with the emerging artist in mind. Young Metalsmiths summer classes are 6/8 - 6/12, 6/29 - 7/3 and 7/20 - 7/24.

For further information contact our offices at 512.799.0731 or visit the website at www.creativeside.org.

Add a comment

SPS Names Top Silver Trends for Valentine’s Day

As Valentine’s Day approaches, the Silver Promotion Service has identified the top silver jewelry trends for the occasion.

Sentimental Pendants: These silver additions include charming initials, lucky numbers, and precious birthstones. Notable designers who support this trend are Alex Woo, Ariva Fine Jewelry, and Old World Chain.

Spring Rings: Look for rings that spring forward with pastel gems and nature inspired designs. Browse collections by The Samuel B. Collection, Thistle & Bee, and Kelim Jewelry Design.

Luxe Looks: Brilliant diamonds set in bright silver are an everyday affordable luxury and will leave a lasting impression after your last champagne toast. Look for designs by Metalsmiths Sterling, Lagos Fine Jewelry, and Slane.

Michael Barlerin, SPS Director said that, “One reason that silver jewelry is the choice Valentine’s Day gift is because of its impactful designs and range of price points to fit any gift-giver’s budget”. He went on to add that, “Women love the gift of silver jewelry because it has zero calories, and won’t wither within a week.”

The latest silver jewelry designs by both emerging and established designers can be found on the newly refreshed and updated Savor Silver website, www.savorsilver.com. The site provides inspiration for Valentine’s Day gift ideas by featuring over 2,000 silver jewelry designs to suit a variety of style tastes and appealing to both men and women.

Add a comment

BaselWorld Preparing for March 19 Opening

From 19 to 26 March, 2015, the world’s attention will focus on Basel as more than 150,000 attendees and 4,000 press representatives from everywhere converge on Baselworld 2015 to experience the innovations and creations that will set the trends for the coming year.

The undisputedly most important marketplace and trendsetting event for the world’s watch and jewelry industry, Baselworld brings together the biggest and most prestigious brands in the world, emerging design talent, the finest retailers and the global press.

Every year, 1,500 brands from 40 countries choose Baselworld as the main platform to showcase their innovations, creations and latest collections in spectacularly designed multi-storey pavilions on 141,000m2.

But Baselworld goes beyond the world of watches and jewelry, as it is also the leading global event for diamonds, gemstones and pearl merchants as well as machinery and other suppliers to the industry.

The famous London Jewelers from the USA have been visiting Baselworld for over 30 years because it is the foremost show in the world for the presentation of the latest watch and jewelry collections. “Attending Baselworld is a number one priority for our team,” say Mark Udell, CEO, and Candy Udell, President, of London Jewelers, because that’s where “we always discover the latest collections available which we can then present to our discerning clientele back home.” In their opinion, “it is important to be one step ahead and Baselworld makes this possible.”

More than 4000 of the world’s financial press, major dailies, lifestyle publications, all of the trade press and biggest TV channels descend every year to cover the show and provide millions around the globe access to the trendsetting creations and innovations that are shown exclusively at Baselworld.

Add a comment

Top Jewelry Retailers Select Best Bridal Ring Design

One jewelry trend indicator is the recent vote of over 230 fine jewelry retailers for the best bridal design at the Centurion jewelry show in Phoenix, Arizona on February 6, 2015.

This prestigious award was won by Beverley K for a vintage-inspired diamond and sapphire ring with milgrain and engraving details, suggesting vintage styles are still on trend.

Established in 1999 by Morrie Knopp, the Beverley K creates and fabricates jewelry with a focus on vintage-inspired designs. The San Diego based company, which owns its design and fabrication operations, offers engagement mounts, bands, earrings, pendants and bracelets to fine jewelry retailers.

Centurion's 5th Annual Design Awards Competition is a blind competition open to voting among attending buyers at the show. Exhibiting designers present designs by product category, including bridal, one of the most competitive and important categories. At the 2015 show, more than 230 fine retailers participated by viewing submissions and casting votes.

"It is a tremendous honor to receive the 2015 Best Bridal Ring Design Award,” said Morrie Knopp, Beverley K’s founder and owner. “It’s especially rewarding since it comes from the votes of so many fine jewelry retailers.”

Now in its 14th year, Centurion is an invitation-only fine jewelry show for top-level fine jewelry retailers and the better designers and manufacturers that serve their merchandise needs.

"We couldn't be more proud of our association with Beverley K and to have been able to present the award in the bridal category to Beverley K and its owner, Morrie Knopp," said Howard Hauben, Centurion President.

Add a comment

Original Miami Beach Antique Show Opened with a Bang

U.S. Antique Shows recently concluded their largest antique event, The Original Miami Beach Antique Show with a record opening day.

It was reported the largest show opening since 2008 and a 20 percent increase in attendance from 2014. The group also noted a vast amount of strong sales across the show floor for all five show days.

Held at the Miami Beach Convention Center, The Original Miami Beach Antique Show presented nearly 1,000 recognized dealers from around the world, Jan. 30-Feb. 3, 2015.

Attendees were able to explore collections from Renaissance to Art Deco eras including fine art, American and European silver, antique jewelry, 17th-19th century furniture, porcelain, and more.

“We measure the success of each event on several factors. One is attendance, but others are sales of merchandise and how other features of the show performed. Overwhelmingly, our dealers reported robust sales and many attendees sought out our staff to provide compliments about the quality and varied merchandise on the floor. In addition, special events like the Booth Talks, Appraisal Day and the Jewelry History Series have grown dramatically in popularity,” says Dan Darby, Emerald Expositions vice president and U.S. Antique Shows general manager.

U.S. Antique Shows also reported that 77 percent of exhibiting dealers renewed their booths for the 2016 show.

In addition, many of the show’s dealers expressed having great selling experiences at the show.

“This is my 31st year doing the show and we had an unbelievable experience this year. We sold everything from Lalique glass to Italian glass to objects and sculptures. The reception was phenomenal, in fact, on opening day you couldn’t even walk through our booth because we had so many bags from customers that purchased items. The Miami Beach show is truly one of the best shows in the entire world,” said Jeff Myers of Myers-Huffman Antiques.

Appraisal Day, held Saturday, Jan. 31 from 12-6 p.m., was also a huge success. In partnership with Skinner Auctioneers & Appraisers, the event attracted more than 100 attendees interested in getting their family heirlooms and antiques appraised. The items brought varied in both value and size, including jewelry, sculptures, art glass and large scale paintings.

The Original Miami Beach Antique Show was recently listed by BizBash, a resource hub for the event and meeting industry, as one of Miami/South Florida’s Top 100 Events. The show has long been recognized by the Miami media and industry trades for its extensive selection of merchandise, cross section of buyers and sellers and consistent show traffic.

U.S. Antique Shows produces eight shows nationally. The next show scheduled is the Pier Antique Show, March 28-29, at Pier 94 in New York City.

For more information, visit www.USAntiqueShows.com.

Add a comment

Stephen Silver Names Andrew Block

Andrew Block, president of Stephen Silver Fine Jewelry

Stephen Silver Fine Jewelry has named Andrew Block as president of the company.

Block brings to his new post a distinguished history as a senior luxury brand management expert with over 30 years of experience in all phases of the global luxury industry, including 21 years of service as the Executive Vice President at the luxury watch retailer, Tourneau.

With a proven ability to successfully build brands and consistently drive double digit increases to earnings and top-line sales year over year, both within domestic and international markets, Block will advance the position of Stephen Silver Fine Jewelry as the preeminent jeweler in Silicon Valley with influential clientele worldwide, as well as to develop and implement fresh 360-degree strategies that promote business development in his new role as president.

"We are extremely pleased to welcome Andrew Block as the new president of Stephen Silver Fine Jewelry. A global luxury brand veteran and strategist, we are confident that Block will significantly contribute to this new chapter in the history of our company," said Stephen H. Silver, chairman and CEO of Stephen Silver Fine Jewelry. "His record of accomplishment and extensive experience and expertise managing within multi-brand environments, make him the ideal fit for this vital position.”

Throughout his career, Block has executed multi-channel growth strategies across the United States, Asia, Europe, South America, Latin America and the Middle East by positioning luxury brands as a must-have for the global consumer. Block and his team grew the retail entity from a three store business into a pre-eminent luxury global watch retailer with over 50 stores worldwide and strategic partnerships with more than 90 Swiss watch brands and groups including Richemont, Swatch Group, LVMH, Fossil, Kering and independent brands like Rolex, Patek Philippe and Breitling.

Add a comment

Paige Novick Named “Rising Star”

New York jewelry designer Paige Novick received the Fashion Group International Rising Star 2015 Award for the Fine Jewelry category, at the organization’s ceremony today. Novick joins a group that includes this year’s winners Sally LaPointe, Beth Macri Designs, and RewardStyle.

Paige Novick’s collection, PHYNE by Paige Novick, was honored with the award at the 18th Annual Award ceremony today. Other finalists in the fine jewelry category included Eva Fehren and Lisa Black.

The FGI’s mission is to be the pre-eminent authority on the business of fashion and design and to help its members, such as Novick, become more effective in their careers.

To learn more about Paige Novick and her PHYNE collection, visit www.paigenovick.com.

Add a comment

Proposition Love Jewelry Video Urges “Get Your Heart On”

Proposition Love Jewelry, a gay-owned and operated fine jewelry company based in Los Angeles, has launched video, “Get Your Heart On,” featuring men who definitely know how to “put a ring on it,” as a symbol of their love and commitment.

 
 

Proposition Love Jewelry donates 10 percent of profits to organizations that support marriage equality, gay rights, LGBT youth, anti-bullying, and HIV/AIDS activism.

“Proposition Love Jewelry is the perfect way to show your devotion to the person you love and nothing does this better than an enGAYgement or wedding ring,” said Jonathan Tack, co-founder of Proposition Love Jewelry.

The Proposition Love Jewelry collection may be purchased online. Select styles are available at Macy’s through www.macys.com. Through the end of March, order directly through www.propositionlove.com using promo code: LoveIsLove for 25 percent off and free shipping.

Add a comment

Frederick Goldman Purchases Assets of Scott Kay

High Line Precious Acquisition, an affiliate of Frederick Goldman Inc., and one of the largest jewelry manufacturers in North America, has purchased the assets of Scott Kay. 

“I am honored to carry on the legacy of Scott Kay’s highly passionate, creative and pioneering spirit,” says Jonathan Goldman, Frederick Goldman, Inc., Chairman & CEO. “Scott had such an amazing commitment to family, faith and values, which is something we highly value at Frederick Goldman Inc.  We couldn’t be more pleased to welcome the Scott Kay brand into our family.” 

As a prestige luxury brand, Scott Kay holds an important position in the marketplace. The pioneering spirit that created and built the Scott Kay brand will continue to drive future growth within the fine jewelry industry by leveraging its reputation, unique design aesthetic and the rich library of Scott Kay designs, said the company. 

“The acquisition offers us the ability to build upon a very well recognized and respected consumer brand name.” says Jonathan Goldman. The Scott Kay brand fulfills a clear need within the jewelry industry for branded, distinctively designed, high quality bridal, wedding, and fashion jewelry. “There really is no other branded collection to compete with Scott Kay, and we believe the opportunities for growth are extensive.”

 

Scott Kay’s design, sales and marketing will continue to operate as a separate entity.  Adam Gurian, in addition to his role as Executive Vice President of Global Sales and Merchandising for Frederick Goldman, Inc., will assume the role of General Manager for the Scott Kay brand.

Add a comment

MJSA Vision Awards Calls for Entries

Since its first winners debuted at the 1992 Expo New York, MJSA's annual Vision Awards competition has showcased outstanding jewelry design. In 2014, MJSA revamped the program, adding new categories and expanding to focus beyond just design to the business of design--to great success. We are looking forward to seeing the exciting things that designers are creating for 2015. 

The deadline for submissions is April 2.

MJSA ensures the Vision Award winners receive the recognition they deserve by promoting their triumph through the industry's leading publications, which in 2015 will include INSTORE, Metalsmith, and the association's own MJSA Journal.

In addition, the winning entries will be on display for thousands of buyers and exhibitors during the March 2016 MJSA Expo New York, the largest and oldest trade show in the U.S. dedicated to professional excellence in jewelry making and design. Other prizes include gift certificates of up to $500 (courtesy of Rio Grande), cash awards, book libraries, and, for student winners, scholarships up to $1,000. 

Award categories include:

Professional Design Excellence (1-3 years in business):
Honors designs that exhibit exceptional creativity, craftsmanship, and marketability by jewelers in business for 1-3 years 

Professional Design Excellence (4+ years in business):
Honors designs that exhibit exceptional creativity, craftsmanship, and marketability by jewelers in business for 4 or more years 

Future of the Industry (Student):
Sponsored by the MJSA Education Foundation
Recognizes the work of students in jewelry-related programs who exhibit exceptional design talent and creativity 

Custom Design Distinction: 
Sponsored by Century Casting Co., Inc.
Honors designs that met a client's request and the challenges encountered during the design process and how they were overcome

Laser Distinction:
Sponsored by LaserStar Technologies
Honors entries in which the design relied upon the use of a laser and any technical challenges that were overcome to take the piece from concept to completion

CAD/CAM Distinction:
Sponsored by EnvisionTEC Inc.
Honors designs that were created with the use of CAD/CAM technologies and the challenges that were overcome to take the piece from concept to completion 

Digital Marketing Distinction:
Sponsored by StrategyWerx
Honors a business that has created a digital marketing program (website, social media, blogging, etc.) that is above and beyond 

For more information see http://www.mjsa.org/events_and_programs/mjsa_vision_awards.

Add a comment

WJA DIVA Design Competition Names 2015 Award Winners

The Women's Jewelry Association has announced the winners of the 2015 WJA DIVA Design Competition, an annual contest founded in the late 1990s as a way to encourage women from all walks of life to express their creative voices through the medium of precious metals and gemstones.

The competition is open to all women, whether or not they are employed in the jewelry industry and whether or not they possess any formal training. 

The winners of Gem DIVA awards, a WJA-sponsored category of the well-known AGTA Spectrum Awards, will be honored at the AGTA Spectrum Awards Gala in Tucson on Feb. 7. Gem DIVA honors women designers and their specific accomplishments with actual jewelry that showcases the best in colored gemstone design.

The winners of Dazzle DIVA awards showcase jewelry design in drawing, rendering or photography, with the 2015 WJA theme of "Transformation," to mirror WJA's current encouragement to members to "Connect and Transform." This portion of the contest allows a wide range of designers to enter the contest, whether they can afford to manufacture the jewel or not. 

Both Dazzle DIVA and Gem DIVA winners will be honored on March 10 at WJA In The Spotlight, an evening event to be held at Convene, at 730 Third Avenue, New York City. WJA awards each DIVA winner $250 plus a trophy. Winners' hotel and travel expenses to New York City to attend WJA In The Spotlight are also covered by the association.

"WJA supports women designers through Gem DIVA and Dazzle DIVA awards, and we congratulate all winners," says Andrea Hansen, WJA president. "We look forward to toasting them at WJA's In The Spotlight event!"

"From Gem DIVAs celebrating colored gemstones, to Dazzle DIVAs celebrating the artistry of two-dimensional design, each contest encourages creativity," says WJA DIVA Competition Chair Cindy Edelstein. "We'd like to thank Gem DIVA judges Gurhan, Dawn Hendricks, Andrea Hansen, and Tanya Dukes, for joining me in choosing these winners. A huge thanks also to Dazzle DIVA judges Jennifer Heebner, Sia Maravelias, Monica Stephenson, Cheryl Kremkow and Marlene Richey for their work in selecting our second group of winners."

This year’s winners include:

GEM DIVA Bridal Category

Winner: Suzanne Kalanjian, Suzanne Kalan
Honorable Mention: Hyeseon Na, Real Gems, Inc.
Honorable Mention: llyn strong, llyn strong fine art jewelry
Honorable Mention:  Caitlin Mociun, Mociun

GEM DIVA Business/Daywear Category

Winner: Elizabeth Garvin, Elizabeth Garvin Fine
Honorable Mention: Parul Kuki Seth, Parulina
Honorable Mention: Robin Waynee, Ryan Roberts Ltd.

GEM DIVA Classical Category

Winner: Caroline Chartouni, Caroline C.
Honorable Mention: Paula Crevoshay, Crevoshay
Honorable Mention: Annie Fensterstock, Annie Fensterstock
Honorable Mention: Monica Rich Kosann, Monica Rich Kosann

DAZZLE DIVA Bridal Category

Winner: Pamela Froman, Pamela Froman Jewelry
Honorable Mention: Julie Romanenko, Just Jules
Honorable Mention: Laurence Bruyninckx, LX Collection

DAZZLE DIVA Business/Daywear Category

Winner TIE:  Delphine Leymarie, Delphine Leymarie
Winner TIE:  Allison Morgan & Elizabeth Read, Charlotte Allison Design
Honorable Mention:  Georgianna Koulianos, GK Designs

DAZZLE DIVA Evening Category

Winner:  Laurence Bruyninckx, LX Collection
Honorable Mention:  Alison Nagasue for Ritani
Honorable Mention:  Kerri Halpern, Madstone Jewels 

 

For more information, visit www.womensjewelryassociation.com.

Add a comment

GIA’s GemKids Schools Program Free to Download

Third through fifth grade teachers have a new colorful way to engage and excite students about geology, minerology and gemology through GIA’s new GemKids for Schools curriculum.

From volcanoes spewing lava to digging for hidden jewels, students can roll up their sleeves to discover science lessons hidden deep within the Earth. Best of all, this cross-curricular and standards-based program is free to download.

Created by GIA, GemKids for Schools provides students with big-picture connections between nature, human industry, arts and culture. The program covers how gems are formed in nature, the different methods used to mine them, how civilizations have valued gems throughout history, and much more. By studying gems, students will explore the history of our planet, have more conversations about the intersecting worlds of business and culture, and better understand the changing definitions of beauty and value.

GemKids for Schools is a great way to instill a passion for learning about science and how it connects to the history of the world. The curriculum is designed to complement existing elementary school Earth science programs and requirements in the U.S. Teachers and parents can find out more by visiting gemkids.gia.edu/gem/teacher-guide. The curriculum is available there to download completely free of charge.

Add a comment

Levears Helps Earlobe Stretching

Levears, a South Florida based company, is changing the way women wear earrings. Levears prevent earrings from pulling down, sagging, flopping forward or stretching the piercing and earlobe.

Levears help prevent further stretch and tear to earlobes that have naturally lost firmness over time, have stretched due to heavy earrings, or piercings that are misplaced. They work by leveraging the part of your ear above the pierced hole to help spread the weight of your earrings over a larger area, instantly giving earrings a lift to make them stand upright. Designed with a Left and Right back, this patented design technology provides an instant lift and makes earrings look much more visible from the front, with a more secure feeling on the ear.  Just replace your regular earring backs with Levears! 

Levears are the creation of Robin Levinson, co-owner of Levinson Jewelers, South Florida’s premier luxury jeweler, who has over 30 years of experience as a luxury jewelry retailer.  “Through years of trial and error, I was able to design a product that gave my earlobes the support they needed, no matter which earrings I wanted to wear,” said Levinson. “I began giving Levears to my clients as a trial,  and after seeing the look on their faces when they experienced the difference, I decided to make them available to everyone.”  

Claire Marino, wife of Hall of Fame Quarterback Dan Marino, was one of the first clients to receive an early pair of Levears. The Marino’s were so impressed with the dramatic results that they decided to partner in the venture. “When Dan saw the earring backs for the first time, he immediately realized the magic of what they do. He brought them home for me to try and I was amazed at the difference it made with my earrings,” said Claire Marino. 

 

Levears work on every type of post earring: light or heavy, big or small, hanging or studs, and work well on both fun and fine jewelry. They are available in Reinforced Sterling Silver, 14K Yellow Gold and 14K White Gold. Levears are built to last, and are made here in the USA by one of the leading jewelry manufacturers in the world. Leavers can be purchased at www.levears.com or at retail partner locations.

Add a comment

Winter Issue of Gems & Gemology Now Available

The Winter 2014 issue of GIA’s peer-reviewed journal Gems & Gemology reviews rough diamond auctions and pricing, the Argyle mine’s pink diamond tenders, a gemological study of the 12.03 carat Blue Moon diamond, the separation of natural and synthetic emeralds using vibrational spectroscopy, and much more. The issue is now available in print, and online with exclusive video content. 

The cover story, “Rough Diamond Auctions: Sweeping Changes in Pricing and Distribution” by GIA Senior Industry Analyst Russell Shor, examines the growing percentage of rough diamonds being sold through auctions, a shift that has caused price volatility while opening up supply to more manufacturers and dealers. He explains that some in the industry advocate auctions as a more accurate reflection of rough diamond market values, while others fear they encourage price volatility and speculation. 

Next is “Exceptional Pink to Red Diamonds: A Celebration of the 30th Argyle Diamond Tender,” an insightful review by the GIA laboratory’s John King, Dr. James E. Shigley and Claudia Jannucci. Over the years, GIA has graded extremely rare polished pink diamonds from Australia’s Argyle mine, which have been sold for 30 years through invitation-only tenders. This article presents a concise survey of the color, carat weight and cutting style of the gems offered through those tenders.

In another feature, Dr. Eloïse Gaillou of the Paris School of Mines, Dr. Jeffrey Post of the Smithsonian Institution and their co-authors present a gemological study of the 12.03 carat Blue Moon diamond, an internally flawless Fancy Vivid blue diamond. Discovered at the historic Cullinan mine in early 2014, this diamond set the auction record price for a rough gem prior to its fashioning. In the final article, Dr. Le Thi-Thu Huong from the Hanoi University of Science and her co-authors deliver a preliminary study – contrasting FTIR and Raman spectrometry – on the topic of separating natural and synthetic emeralds using vibrational spectroscopy. 

The issue also includes entries on the first non-nacreous beaded cultured pearl, a new Ethiopian black opal deposit, a beryl and topaz doublet set in fine jewelry, and demantoid garnet from a new deposit in Pakistan’s Baluchistan province.

 

Additional details about G&G, full articles, more in-depth coverage, hundreds of additional photos, and exclusive video footage are available on GIA’s website at www.gia.edu/gia-news-research.  

Add a comment

Stuller’s Annual Bench Workshop Set for March 27-29

Stuller’s annual Bench Jeweler Workshop will be held at the company’s Lafayette, LA headquarters March 27-29.

For two days, jewelers from around the country will share tips, learn from each other and industry pros, and network with peers. Experience the latest tools, equipment and techniques hands-on. Pick up tips at demonstrations and in-depth seminars, focusing on jeweler continuing education and current issues pertinent to owners and sales teams. 

“There’s something here for everyone, from novice to pro,” says Darrell Warren, vice president merchandising. “Take classes that interest you, visit skill and product demos, talk shop with other jewelers, and be among the first to handle new products and technology debuting in the industry – it’s all here at the Workshop.”

The event will host popular seminars like Basic Diamond Grading, and new ones focused on assembly and findings, plating, and polishing, among other things. One new class, jewelry photography, will discuss how to take better images for use on a website, and also emphasize the importance of photography during the repair process. 

“We open our home to share what we’re learning and the challenges we’re facing, but also to hear about the struggles and triumphs from jewelers across the country,” says Tammy Kidder, vice president merchandising. “When we all come together to support our peers in the industry, that’s when the true value of the Workshop really shines through.”

 

Learn more or register for the workshop at www.benchjeweler.com/Workshop.

Add a comment

Prima New York Taps Jewelry Sales Force

Prima New York, Inc. has chosen New Jersey-based sales and marketing firm, Jewelry Sales Force to distribute their designer line in the U.S. and abroad.

Eli Kashi, Prima New York’s CEO, states “Joe Kochmar, CEO of Jewelry Sales Force – whose deep industry sales experience includes working with Gabriel & Co. for over 18 years as well as representing Unique Settings of NY – has both the knowledge and skills to help retailers to compete with the internet and chain stores.” 

Joe Kochmar said, "Prima New York embraces a culture that is rarely seen in jewelry manufacturing today. From customer service, value, marketing, and delivery – Prima New York has the whole package. In today’s competitive world, retailers want to focus on managing their stores and building customer relationships, not dealing with suppliers; a service-oriented manufacturer like Prima New York allows them to do that.”

 

For more information, contact Joe@JewelrySalesForce.com.

Add a comment

Jewelers for Children Honors Mellier, Burger

Jewelers for Children will hold the annual Facets of Hope on Sunday, May 31, 2015 at the Mandalay Bay Resort Hotel Casino in Las Vegas, NV. Philippe Mellier, CEO of De Beers Group and Scott Burger, CEO of the Americas for Pandora will be honored.

The event celebrates the success of JFC's fund raising efforts for the year, and commitments to the charity partners are announced.

In 2014, more than 1,800 industry guests attended during the Las Vegas market events.

Both Mellier and Burger have agreed to serve as guests of honor at the event with the responsibility of assisting JFC in raising funds to benefit children who are the victims of catastrophic illness or life-threatening abuse and neglect. Each year, prominent industry leaders are honored by the charity.

“Philippe and Scott are so well deserving of this very special honor," said Ruth Batson of the American Gem Society, JFC Chairman. "Their commitment to giving back, particularly when children are involved, is commendable.”

The festivities will begin at 6:00 p.m. in the South Seas Ballroom on the third level of the hotel, with dinner and the program beginning at 7:30 p.m. The evening will continue at 9:00 p.m. when the annual JCK Rocks the Beach party begins.

Anyone interested in attending or sponsoring can contact JFC at (212) 687-2949 or info@jewelersforchildren.org.

Details and participation forms are available at the JFC website, www.jewelersforchildren.org.

Add a comment

Indian Jewelry Council Hosts Award Event

The Gem & Jewellery Export Promotion Council hosted the ‘India Gem & Jewellery Awards, its first event for year 2015, that recognized and rewarded star performers of the Indian gem and jewelery sector, in the presence of Honorble Chief Minister of Maharashtra, Shri. Devendra Fadnavis.

GJEPC’s IGJA has become one of the foremost recognition platforms for the jewellery sector in India to encourage exports and award excellence in manufacturing, finance and innovation. 

The jury members, who selected the winners include: Smt. Nirupa Bhatt, Managing Director (India & ME), GIA; M Narendra, former CMD, Indian Overseas Bank; and Pawan Bindal, Director, Dun & Bradstreet. 

Honorable Chief Minister Shri. Devendra Fadnavis stated: “The winners of IGJA are the real gems who have given the much needed boost and taken the industry to the next level.  We would be honored to partner with the gem and jewelry industry that has earned us so much of foreign currency and given employment which truly adds value to our economy. Considering the issues faced by the industry we will soon have a joint discussion with the Prime Minister and the Finance Minister along with some of the leaders of gem and jewelry industry to resolve the issues. I’m glad to see the industry progress internationally and wish it expands in Maharashtra as well.” 

Congratulating the winners and industry for their participation, Vipul Shah, Chairman, GJEPC said, “The India Gem and Jewellery Awards recognizes the business leaders across categories. Honorable Chief Minister’s prompt consideration & assurance towards resolving gem & Jewellery sector challenges such as bank guarantee for VAT, lending licence to ABN Amro, Convention centre in Mumbai, are much appreciated by the trade. GJEPC is committed to support the state Government in planning a roadmap to overcome challenges faced by the Industry and help drive the exports from the state of Maharashtra.” 

He added, “Beginning last year, GJEPC has added new categories honoring women entrepreneurship, CSR initiatives and innovations undertaken by nominees, besides extending segmental awards to include small and medium businesses”.

Colin Shah, Convenor, IGJA said, “The India Gem and Jewellery industry is a classic example of ‘Make in India’ and Making India Proud.  And the India Gems & Jewellery Awards aim to boost this passion and excellence in the trade. In addition to honouring super performances in the area of manufacturing, designing and innovation among others, we have new categories honouring women entrepreneurship, CSR initiatives and innovations, besides extending segmental awards to include small & medium businesses”. 

As every year, this year too, the selection process followed a rigorous methodology and judging criteria based on a proprietary quantitative model developed by D&B and an independent jury consisting of senior members from Dun & Bradstreet, Indian Overseas Bank and GIA to select the final winners.

GJEPC’s India Gem & Jewellery Awards, remodeled last year, has gained recognition and popularity from across the country and the world. Please refer annexure for winners list as per categories. 

IGJA 2014 was sponsored by GIA, co-partnered by Malca Amit JK &  Kiran Gems Pvt. Ltd. and knowledge partner was D & B.

Honorable Prime Minister at the recently concluded World Diamond Conference announced the creation of Special Notified Zones in Mumbai & Surat to accelerate the import and trading of rough diamonds in India to give a boost to the diamond and studded jewellery manufacturing industry in the country. GJEPC along with the representatives from the Indian Government will visit the Special Notified Zones in Belgium and Dubai to take the project further and give it a shape by this budget. GJEPC in coordination with the GOI hopes to understand/replicate a time-tested model in India.

Another milestone achieved by GJEPC is the establishment of GJSCI, under the aegis of National Skill Development Council (NSDC) and in collaboration with other associations of the gems and jewellery sector in the country. This will ensure aspiring talents get training as per international standards, resulting in the best artisans and much needed skill to develop and give quality and state of the art products to the world. 

 

Keeping the pursuit of community welfare on, GJEPC launched its own CSR platform - “Jewellers of Hope” that’s supports an NGO every year. In the first year, the Council was able to contribute to Make a Wish Foundation.

Add a comment

Appraisers International Begins Online Course

The AISociety-Appraisers International Society (AIS) begins global, online, offerings of its AiCertification2015 with the Feb-2nd live, AiResidence sessions of its 5-course series of Valuation Appraisal courses to AIStandard v4.0 for gems, jewelry, watches and other personal property.

AIS Founder & President Elly Rosen is widely recognized as the pioneer of professional personal property valuation and appraisal education, testing, certification and referrals. He headed up the first professional personality program ever offered from its start in 1982, serving as primary developer and instructor for the first, formative development decade of 1982-1993.

Since 2011, advanced, global, multi-specialty AIS Accredited International Valuers from seven countries on four continents worked with Elly in twice weekly live, audio-video sessions in AiCertification's state of the art online classroom.

All told, over 3,000-hours were devoted to development of the AISociety’s live, online, Global Valuation AIStandard, advancing 2010's Version-3 to 2015's Version-4.

AiGovernance Chair, Bill Korst, a Minneapolis gem dealer and appraiser, says about AiCertification: “AIS educational programs are especially dedicated to those who wish to take valuation and related appraisal services to a whole new level. The AIS advanced program leads the way to get you to the top of the Valuation & Appraisal profession for all valuation and appraisal needs, in all free market economies and global jurisdictions. Though I was educated, tested and certified as an appraiser through all of the major appraisal organizations since 1981, no program out there comes close to what is offered in the 250-classroomhours of the 5-course, Triple-Crown Diploma programs of AIS”.

AiGovernor and Residential Contents Division Chair, Randeen Cummings of Eugene, OR, an appraiser with 30-plus years of experience with antiques, collectibles, art, estate jewelry and residential contents said: “In my experience with 3-decades of courses, the depth of professional appraisal instruction in AIS courses is the best available, with principles applicable to all personal property.”

Registration information is available here.

Add a comment


GIA Will Exhibit Dreher Sculptures

More than 20 intricately carved and lifelike animal sculptures by world-renowned gemstone carvers Gerd and Patrick Dreher will go on exhibit at Gemological Institute of America’s world headquarters in Carlsbad, CA beginning Feb. 19.

The Dreher family, whose legacy dates back five generations, is part of the 600-year gemstone carving tradition in Idar-Oberstein, Germany, a major center for the cutting and carving of gems. “Generations of Mastery: Gemstone Carvings by Dreher” will be on view through summer 2015.  

“Pieces by the Dreher family are among the most admired gemstone carvings in the world,” said Terri Ottaway, curator of the GIA Museum. “Their sophisticated designs and artistry have been refined and passed down through generations. We’re incredibly fortunate to be able to share the Dreher family’s extraordinary craftsmanship.”

Known for its one-of-a-kind gemstone carvings, particularly animal sculptures, the House of Dreher has created celebrated pieces since the late 1800s. In the mid-twentieth century, the family gained further acclaim for their work with design house Fabergé. Today, their carvings can be seen in museums around the world and in private collections. Dreher creates sculptures using many different gem materials, but a favorite of the design house is natural agate from Rio Grande do Sul, Brazil.

The more than 20 gem carvings in GIA’s “Generations of Mastery: Gemstone Carvings by Dreher” exhibit depict lifelike animals such as a chameleon, a starfish, and a frog perched on a lily pad. The Drehers are known for their extensive study of animals and other creatures, drawing from as many as 500 photos of each subject to create the superb detail in their works of art. Pieces in the exhibit include jasper, agate, tourmaline, ruby in zoisite, smoky quartz and grossular garnet.

The pieces exhibited are on loan from the Larson family of Fallbrook, CA. Bill Larson, owner of Pala International, is a well-known collector and connoisseur of gems, minerals and carvings.

“Generations of Mastery: Gemstone Carvings by Dreher” will be on display from Feb. 19 through summer 2015. GIA’s museum is free and open to the public Monday through Friday from 8 a.m. to 5 p.m. Reservations are required and must be made at least 24 hours in advance by emailing guestservices@gia.edu or calling 800-421-7250, ext. 4116 or 760-603-4116.

Add a comment

Designer Rotenier Introduces DVD Courses

Paris-trained jewelry designer and teacher Rémy Rotenier of Rémy Design has introduced two DVD courses.

The first, Counter Sketching Jewelry, teaches how to make black and white custom design sketches on paper in front of a client.

The second, Color Rendering of Jewelry, instructs how to render jewelry designs into finished paintings that can be presented to customers. The two courses encapsulate classes that Rotenier has taught at jewelry and design schools for years, and incorporate skills he has learned in 30 years as a professional designer.

Course 1: Black and White Counter Sketching

In Counter Sketching Jewelry, Rotenier teaches pencil and paper sketching to quickly capture ideas and bring to life a design concept in front of a client. He explains the materials jewelers need to sketch, and how to organically draw gemstones and jewelry in three dimensions. He also teaches how light hits opaque, metallic, and transparent objects differently as they are drawn. Concepts such as perspective, values (shades of color from light to dark), and shadows are thoroughly covered.

"It's really important if you sell custom jewelry to learn how to draw a little bit," says Rotenier. "Even in this era of so many digital design options, the ability to free-hand draw is impressive. You're able to get into clients' heads and really deliver the individualized design they want. When you sketch in real time, you also gain their trust that you have skills as a jewelry artist. You've shown them that you're not afraid to grab a piece of paper and start drawing. It gives clients a greater level of respect for the complexity and detail that go into creating a piece of jewelry. And there's no question it will help you close more sales."

Retail sales associates, students, jewelry makers, and designers can all benefit from Counter Sketching Jewelry's lessons. A special section of the DVD offers Rotenier's advice on working with custom clients, gained through many years of personal experience. He offers insight into many customers' fears and worries about the design process and costs. Jewelers also learn how to set up a comfortable space to relax clients and establish trust. The designer coaches custom jewelers in how to subtly observe a customer's style, talk about budget, and listen carefully.

Course 2: Color Rendering of Jewelry

In the second course, Color Rendering of Jewelry, Rotenier teaches the classic European tradition of color hand rendering, which he himself learned in Paris. The course takes students though basic techniques, and on to the higher level art of rendering metals and gemstones into professional-quality gouache presentation paintings.

"Though CAD renderings are amazing, there is something romantic about having the ability to design a painting of exceptional realism, vitality, and sparkle," says Rotenier. "Gouache paints are heavier and more opaque than simple watercolors, and have been used by jewelry artists and the great jewelry design houses for centuries. To present such a gift to your clients is to enhance their experience of buying something hand made. It also links them with jewelry's long history and commemorates their own personal journey in buying a bespoke object, in a sublimely memorable way."

Rémy Design's DVDS were produced in collaboration with Blaine Lewis, founder of the New Approach School for Jewelers, Franklin TN. They employ the same advanced, high-magnification video and multiple camera angles that Lewis uses to teach his jewelry making classes. Each two-disc course includes downloadable digital files of helpful worksheets and design guides developed specifically for the DVDs.

"Rémy takes viewers carefully through the drawing process, building skills layer-upon-layer in a very easy-to-follow manner," says Lewis. "One of the reasons I love to have him teach at New Approach is that he is such a dynamic teacher and breaks down concepts with such clarity and simplicity. You can take a beginner and truly build confidence using this style of teaching. These DVDs are an instructional breakthrough in that regard. Also, while many electronic sketching courses attempt to cover the subject in just an hour, Rémy's DVD courses are more than three hours in length each, and are much more in-depth."

Rotenier has been working for international jewelry houses in Paris and the United States for 30 years. The designer currently creates collections from the most affordable to the high end, and accepts custom design commissions. He also teaches at leading design and jewelry schools across the United States and trains designers and sales associates at major jewelry companies and retail stores, along with tutoring and mentoring private students.

Each DVD can be purchased for $175 through the Rio Grande catalog at www.riogrande.comwww.riogrande.com.

For more information about Rémy Design, visit remydesign.net.

Add a comment

Late Scott Kay’s New Collection to Debut on Sunday

The one-hour premiere of “Scott Kay Jewelry Designs” is scheduled to be broadcast live on QVC Sunday, February 1 at 9 AM (ET) with a second one-hour show at 3 PM (ET) the same day.

Tiffany Kay, Scott Kay’s daughter and co-creator of the unique collection, will present the pieces on air.

“It will be an honor to continue my father’s legacy and the exciting new journey we have with QVC,” said Kay. “He had a story to tell with a message of faith, deep-rooted dedication, and to never compromise.  I can’t wait to personally connect with the QVC customer and share the stories that inspired each design.”

“Other jewelry brands have enjoyed greater consumer awareness through their presence on QVC. We’re excited about the opportunity to expand the reach of Scott’s incredible fashion designs and the halo effect it brings to our bridal jewelry,” commented David Minster, Scott Kay CEO.

The Scott Kay collection at QVC includes a wide range of necklaces, bracelets, earrings and rings that are crafted in sterling silver and set with gemstones and Diamonique simulated gemstones. The line was created with the hope to inspire the lives of QVC's customers with the messages that shaped every design. 

“We are eager to share Scott Kay’s vision with our customer,” said Diane Paccione, QVC’s vice president of merchandising for beauty and jewelry. “Having Tiffany present the collection and share her father’s inspiration will resonate with our viewers who value the stories behind the pieces they see on QVC.”

For more information about Scott Kay’s collection on QVC please visit QVC.com.

Add a comment

Sixth Antwerp Diamond Trade Fair Opens in One Week

With one week to go until the opening of Sixth Edition of the Antwerp Diamond Trade Fair), the organizers are completing the last preparations before Antwerp's diamond quarter will be welcoming the many hundreds of buyers who have registered for the fair. 

On Sunday, February 1, the doors of the Antwerp Diamond Bourse, the Diamond Club of Antwerp and Antwerp's Rough Diamond Bourse will open, offering visiting buyers access to the show booths of more than 90 of Antwerp's leading diamond firms, which will be displaying a truly dazzling choice of diamonds, in all sizes, quantities, prices and qualities. 

"Advance registration will start on Saturday afternoon, January 31, at the Radisson Blu Astrid Hotel," Nicole Decombes, member of the organizing committee said. "From Sunday morning and onward, registration will continue in the lobby of the Kring, at Hoveniersstraat 2, the main street of the diamond quarter. This year, the visitor identification tags will also include a head-and-shoulder shot of the visitors," she continued.

A highlight of the three-day event's programme is the "Antwerp Diamond Night" offered by the AWDC on Sunday night. On Monday February 2, the diamond consultant and author Marijan Dundek of Graff, London, will talk about "The Magic World of Diamonds" during his breakfast meeting seminar, at the Radisson Blue Astrid. The breakfast seminar of Tuesday morning will feature Dr. Katrien De Corte, Chief Officer of Education at HRD, who will present an overview of the latest developments in diamond grading and identification. 

As has become tradition, during the fair lunch is served in the restaurants of all three trading halls. "The ADTF is the world's only by-invitation-only trade fair for diamonds," Ms. Decombes said. "We do our best to make sure that once our guests arrive, they are taken well care of, so that they can concentrate on what they come to do: business, in a warm, secure and welcoming environment!" Outside the halls, however, it will be cold as during the fair days temperatures will hover around the freezing point. 

Invitations to the ADTF can be obtained directly from the organizers, either through referral by one of the ADTF exhibitors, or through registering on the website of the Fair at www.antwerpdiamondfair.com

The Antwerp Diamond Trade Fair is powered by the Antwerp World Diamond Centre.

Add a comment

Rona Fisher Will Participate in MJSA Online Challenge

Rona Fisher, of Rona Fisher Jewelry Design in Philadelphia, has been selected as to participate in the 2015 MJSA Online Design Challenge.

For the sixth consecutive year, the jewelry industry organization is hosting the online-only project. Each year, nine designers are supplied with a fictional scenario involving a special piece of jewelry to be designed around a particular stone. Every month from January through September, MJSA Journal will present the design of one of the nine participating designers in its online version. The ideas behind each design will also be included. Fisher’s design entry has been chosen for January.

In October, the public will be invited to vote, and the winning design will be featured in the December 2015 print issue of MJSA Journal.

This year’s Design Challenge, titled “A Little Piece of Home,” is centered around a natural, 4.59-carat purple sapphire available from the project’s sponsor, Omi Gems in Los Angeles. The fictional scenario involves a father who wants to give his daughter a special piece of jewelry upon her college graduation and before she leaves home to begin her career.

Fisher met the challenge by designing a palladium ring that includes elements representing ideas meaningful to the fictional characters. Her design, along with her remarks about how she approached the challenge, can be viewed here .    

 

For more information about the 2015 MJSA Online Design Challenge, see here.

Add a comment

Mike Floskis is New VP-Finance at Frederick Goldman

Frederick Goldman Inc. has named Mike Floskis as Vice President Finance & Controller.

Most recently Mike was an Executive Finance Leader at Tiffany & Co for over 10 years.  Prior to that, he worked at Hasbro, Inc., a global branded play consumer goods company for 19 years where he served as Senior Vice President, Finance and Administration – U.S. Toy Group.

Mike earned a Bachelor of Science degree in Accounting from Bentley College and an MBA from Babson College. He is also a Rhode Island Certified Public Accountant. With his vast financial leadership experience and strong educational background, Mike will be responsible for Inventory Control, Cost Accounting, Cash Operations and Treasury Operations in his new role as Vice President Finance & Controller at Frederick Goldman, Inc. 

 

“With Mike’s diverse financial background in fine jewelry and consumer goods, he brings an ideal blend of credentials, proven leadership capabilities and experience” says Jonathan Goldman, Frederick Goldman, Inc., Chairman & CEO. “Mike’s appointment continues to strengthen our management team as we look toward future growth.”

Add a comment

Thistle & Bee Opens First Retail Store

New York-based Thistle & Bee will celebrate the opening of its first branded retail store, Thistle & Bee Too, with a Silver Promotion Service co-sponsored evening on February 11th. 

The event will celebrate Sterling Silver and Thistle & Bee’s new foray into a branded retail space. 

Thistle & Bee Too, at 1382 Third Avenue on New York’s Upper East Side, offers a selection of its luxury sterling silver jewelry collections in both standard and extended sizes to serve both the traditional and plus sized fashion community. 

The Thistle & Bee Too flagship will offer many of the bold, beautiful and classically inspired Thistle & Bee designs in an extended range of sizes, including a unique selection of styles tailored for the plus size woman.

Addressing a void in the fine designer jewelry market, the Thistle & Bee Too selection includes rings in sizes 6-12, bracelets in S-XL, and necklaces in a variety of extended lengths.

“We are thrilled to have the Silver Promotion Service as our co-sponsor. They have long been dedicated to building awareness and enhancing the image of fine Sterling silver jewelry - and we are grateful for their sponsorship and the support they have provided over many years” says Richard Castagna, President of Thistle & Bee and Thistle & Bee Too. 

“Our new retail store is an exciting venture for us on multiple levels”, Castagna continues.

“Having established Thistle & Bee as an international brand through our partnerships with our network of independent retail jewelers, we’re looking forward to complementing that wholesale business with our first branded retail store” he adds. 

“While fashion brands are increasingly recognizing the need to offer fine clothing to the plus-sized woman, fine jewelry brands have largely ignored that plus-sized consumer. Our new Thistle & Bee Too flagship represents a new era in fine jewelry, as we have carefully curated our sterling silver collection to appeal to both the traditional and plus-sized audience.” 

 

Thistle & Bee Too is open Monday through Saturday.

Add a comment

Synchrony Financial Invests in GPShopper

Synchrony Financial has invested in GPShopper, an innovative developer of mobile apps with a focus on the retail industry.

The investment enables Synchrony Financial, a premier consumer financial services company with 80 years of retail heritage, to complement its proprietary mobile offerings, which currently include account acquisition, management and reward redemption.

An expanded suite of solutions for retailers will integrate credit more easily into the shopping experience with personalized offers, mobile payment capabilities, loyalty programs and other key features.

“We’re making strategic investments that align with the needs of retail partners and consumers. Partnering with GPShopper builds on our existing mobile platforms for credit applications and account servicing with easy account management functionality and new ways to engage with shoppers and enhance value for them,” said Margaret Keane, president and CEO of Synchrony Financial.

Synchrony Financial research confirms consumers are increasingly using their mobile device to research and apply for credit and manage their accounts.

In fact, more than 40 percent of shoppers surveyed report using a mobile device while they are in-store. At the same time, Synchrony Financial continues to see rise in mobile credit applications, which more than doubled year-over-year, while mobile service grew by more than 50 percent.

GPShopper’s platform can connect credit and loyalty with in-store and mobile shopping, to create a branded and seamless customer experience.

Terms of the investment were not made available.

Add a comment

Huw Daniel Named Global Chief of PGI; HQ Moved to Hong Kong

Huw Daniel has been appointed Global CEO of PGI, after 12 years as President of PGI USA.

The announcement was made by the Platinum Jewellery Development Association, which represents the major platinum producers (Anglo Platinum, Impala Platinum and Lonmin) and sponsor the PGI. Daniel succeeds long serving CEO James Courage who will retire at the end of April. Whilst the appointment is immediate, Daniel will take on full responsibility for PGI from April 1, 2015.

PGI will relocate its head office from London to Hong Kong, aiming to be fully operational by the summer. The move reflects the growing importance of platinum demand in Asia.

As a result PGI's Head Office will be closer to the two main markets of China and Japan and the fast growing Indian market, which together represent 85% of total consumer jewellery demand, and are also important platinum jewellery manufacturing centres. Huw will also cover the USA which remains a key global market for PGI.

Andrew Hinkly, Executive Head Platinum Marketing at Anglo Platinum, representing the three sponsors added: "The Platinum Guild's move to Hong Kong and the appointment of Huw Daniel recognises the importance of platinum jewellery in Asia, along with continuity of leadership from within the PGI.

Jewellery represents over a third of total platinum demand and we, as the main producers, recognise the importance of continuing to invest substantially in its future development and to work even more closely with leading retailers and manufacturers in the four PGI markets."

Daniel brings his U.S. platinum knowledge to his new role as well as Asian experience from working in Hong Kong and the Asia Pacific region in advertising and marketing. He welcomes the opportunity: "It's an honour to be invited to build on James' outstanding legacy, and so exciting to return to Asia at a time when platinum is being embraced by new generations of consumers."

Daniel will establish a new Head Office team, to transfer the skills and leadership from the existing Head Office. For personal reasons, the COO Nicholas Graham Smith elected not to apply for the CEO role and move to Asia, but will work closely with Daniel and Courage through the transition period in addition to the other members of the Head Office team. The sponsors also wish to put on record their appreciation for the quality of the work and leadership from the London team.

As a consequence of Daniel's move, Jenny Luker will become President of PGI USA effective February 2 2015. Luker has worked with PGI USA for 20 years across every function and has served as Senior Vice President since 2005. Daniel added, "Jenny is loved and respected by the industry and PGI teams in the US and globally, and I cannot think of a better person to lead platinum sales to new heights as growth continues to outpace overall jewellery sales in the US."

The PGI offices in the markets are led by Dennis Kao (China), Hisako Hankinson (Japan), Vaishali Banerjee (India) and Jenny Luker (USA); they will all report to Daniel.

PGI develops demand for platinum globally by working in partnership with many leading members of the retail and manufacturing industry globally, as well as by running direct to consumer programs.

Huw Daniel has been appointed Global CEO of PGI, after 12 years as President of PGI USA. The announcement was made by the Platinum Jewellery Development Association (PJDA), which represents the major platinum producers (Anglo Platinum, Impala Platinum and Lonmin) and sponsor the PGI. Daniel succeeds long serving CEO James Courage who will retire at the end of April. Whilst the appointment is immediate, Daniel will take on full responsibility for PGI fromApril 1, 2015.

PGI will relocate its head office from London to Hong Kong, aiming to be fully operational by the summer. The move reflects the growing importance of platinum demand in Asia. As a result PGI's Head Office will be closer to the two main markets of China and Japan and the fast growing Indian market, which together represent 85% of total consumer jewellery demand, and are also important platinum jewellery manufacturing centres. Huw will also cover the USA which remains a key global market for PGI.

Andrew Hinkly, Executive Head Platinum Marketing at Anglo Platinum, representing the three sponsors added: "The Platinum Guild's move to Hong Kong and the appointment of Huw Daniel recognises the importance of platinum jewellery in Asia, along with continuity of leadership from within the PGI. Jewellery represents over a third of total platinum demand and we, as the main producers, recognise the importance of continuing to invest substantially in its future development and to work even more closely with leading retailers and manufacturers in the four PGI markets."

Daniel brings his US platinum knowledge to his new role as well as Asian experience from working in Hong Kong and the Asia Pacific region in advertising and marketing. He welcomes the opportunity: "It's an honour to be invited to build on James' outstanding legacy, and so exciting to return to Asia at a time when platinum is being embraced by new generations of consumers."

Daniel will establish a new Head Office team, to transfer the skills and leadership from the existing Head Office. For personal reasons, the COO Nicholas Graham Smith elected not to apply for the CEO role and move to Asia, but will work closely with Daniel and Courage through the transition period in addition to the other members of the Head Office team. The sponsors also wish to put on record their appreciation for the quality of the work and leadership from the London team.

As a consequence of Daniel's move, Jenny Luker will become President of PGI USA effective February 2 2015. Luker has worked with PGI USA for 20 years across every function and has served as Senior Vice President since 2005. Daniel added, "Jenny is loved and respected by the industry and PGI teams in the US and globally, and I cannot think of a better person to lead platinum sales to new heights as growth continues to outpace overall jewellery sales in the US."

The PGI offices in the markets are led by Dennis Kao (China), Hisako Hankinson (Japan), Vaishali Banerjee (India) and Jenny Luker (USA); they will all report to Daniel.

PGI develops demand for platinum globally by working in partnership with many leading members of the retail and manufacturing industry globally, as well as by running direct to consumer programs.

Add a comment

SMART Show Adds Fruchtman University

Toledo, OH-based Fruchtman Marketing will provide exclusive, one-on-one marketing strategy sessions to a select pre-qualified group of retail participants at The SMART Jewelry Show in Chicago April 18-20.

Presented as Fruchtman University, the in-depth, 90-minute sessions will be used to evaluate participants’ current marketing strategies and determine ways to enhance their performance.

“This is an industry first. It is an unbelievable opportunity for anyone in jewelry retail who wants take their business to the next level,” said Ellen Fruchtman, president of Fruchtman Marketing.

“In 90 minutes, we’ll give them solid advice on the marketing areas which need focus – overall strategy, media placement, and digital tactics. There is absolutely no cost for these sessions and they will be held in a private setting at The SMART Show.” She stressed that only 30 sessions are available and that all information discussed during these sessions will remain confidential.

Fruchtman University sessions will be conducted by Ellen Fruchtman and Angie Ash (Executive Vice President), who will examine marketing strategy; Shane O’Neill (Vice President), who will discuss, critique, and recommend digital programs; and Mike Sugg (Media Director), who will analyze and advise participants on media planning and placement. Those interested can apply online at fruchtmanuniversity.com.

Add a comment