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10 Most Popular Jewelry News Stories: Week of April 7

By JCK Staff
Posted on April 7, 2012
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10 Most Popular Jewelry News Stories: Week of April 7

A roundup of JCK’s top stories from the past week:

J.C. Penney Warns New Strategy May Not Work

J.C. Penney’s new pricing strategy was unveiled with great fanfare in January. But in its recent 10K, management struck a more cautious note about how it might play out.

New Jersey Jewelers Accused of Fleeing With Customer Merchandise

Two New Jersey jewelers have allegedly closed up their shop and fled with $10,000 worth of customer merchandise, according to a statement from the West New York, N.J., police department.

DTC Announces New Sightholder List

The Diamond Trading Company has officially made its new sightholder roster public—but there are indications that the list could change.

Supreme Court Declines to Hear De Beers Antitrust Appeal

On April 2, the U.S. Supreme Court declined to hear an appeal of the De Beers antitrust settlement. However, it’s possible a second appeal may be presented to the court.

Hearts On Fire Not Holding University This Year

Hearts On Fire will not hold its Hearts on Fire University this year, the company confirmed to JCK—but vows the popular training event will reappear next year with a “recreated” experience.

Not All Big Fancies Sell at Sotheby’s Auction

Sotheby’s Hong Kong Magnificent Jewels and Jadeite Spring Sale achieved a near-record result for an 8 ct. blue diamond, but not all the notable fancy colored gems on offer sold.

Cutting Remarks: “Fair and Square” Pricing: Is J.C. Penney Wise?

On paper, J.C. Penney CEO Ron Johnson’s ideas—doing away with non-stop sales, and transitioning to “everyday values”—make sense.

5 More Vintage Jewelry Cartoons

Start your week off with a couple laughs with these five funny jewelry cartoons from 1966.

5 for Under $500: New Sterling Jewelry From Charles Garnier Paris

Available in four finishes—18k yellow or rose gold, and rhodium- or ruthenium-plated—the price point–friendly styles have been a hit at spring trade shows.          

Cutting Remarks: How the GIA Is Training Law Enforcement–and Why They’re Interested

For most of last week, I was at Gemological Institute of America’s Carlsbad campus, getting an exclusive glimpse into the organization’s training sessions for law enforcement.

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