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JCK Magazine: April 1, 2005

JCK Magazine: April 1, 2005

The man charged with the shocking killings of three jewelers during a string of robberies in December and February could face the death penalty, authorities said. The murders in New York and Connecticut were reported nationally and as far away as India. The Jewelers Security Alliance said there...
The Taylor-Burton diamond: How much does it weigh now? Originally 69.42 cts. t.w., the colorless pear-shape Elizabeth Taylor–Richard Burton diamond was put up for auction in 1979. But before it could be sold, it needed to be recut—the gem had sustained a few bangs and bruises that only a cutter...
A second jewelry Web site has gone public. Odimo.com's initial public offering in February raised some $28 million, at $9 a share, down from its initial estimates of over $40 million, at $11 to $13 a share. The company is partially owned by Israeli sightholder Beny Steinmetz and Jan Bell founder...
As part of its Chapter 11 reorganization, Friedman's will close up to 165 stores in 17 states and sell in excess of $25 million of inventory. When finished, Friedman's will operate approximately 481 stores in 20 states. The decision to close the 165 stores—nearly one quarter of its total—followed...
Online purchases of diamonds surged 130 percent this Valentine's Day compared with last year's figures, according to VeriSign, which processes nearly 40 percent of North American Internet sales. It was the biggest increase of any category the company tracked. Online sales of the overall jewelry...
An armed intruder was shot, and later died, during a robbery attempt at a small gem and jewelry show in Florida in January. It's the first known attempted armed robbery of any U.S. jewelry show in at least 13 years, says the Jewelers Security Alliance. According to JSA and police reports, at 2:30...
The rewards of reading are often intangible, but A Treasure's Trove by Michael Stadther can lead readers to some very real gifts. The expressive 116-page fairy tale, geared to both children and parents, tells the story of a group of forest creatures who enlist a woodcarver and his magical family...
De Beers has received some good news in its continuing legal battles. A court recently denied class-action status to a group of consumers who sued the company because they claimed they were defrauded on their diamond purchases. The consumers sought millions in damages on the grounds that, since...
De Beers hit another sales record in 2004, when rough sales through its Diamond Trading Company jumped 3 percent, to hit $5.7 billion. A statement noted that during 2004, "the DTC raised its rough-diamond prices on three occasions, the cumulative effect of which was that sales by the DTC in 2004...
Jewelers need to reconsider their diamond inventory in terms of what their consumers want, Malcolm Alderton of ARMS (Advanced Retail Management Systems) said at a seminar on "Balancing Your Diamond Inventory" at The JCK Show ~ Phoenix 2005. "If you are not managing your inventory, you are costing...
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Really very interesting and informative blog and I like the way you...

Whew, I am very happy to hear that, Jon. We're still out there! ;)

Wonderful piece, Brittany and some gorgeous pieces featured too! ......

I've been saying all along millennials are buying jewelry; they're...