The latest news, statistics, information, trends, and tips on e-commerce, multi-channel retailing, and other retailers selling jewelry online.
Blue Nile Q1 Net Sales Up 3.8% 05/06/2008 Internet diamond and jewelry retailer Blue Nile reported that net sales for the first quarter of 2008, ended March 30, totaled $70.5 million—a 3.8 percent increase from $67.9 million in the first quarter of 2007. Operating income for the quarter totaled $3 million. Net income totaled $2.6 million. More
Amazon.com Claims 100% Diamond Sales Increase 05/06/2008 Amazon.com, Inc. on Tuesday said that its retail diamond sales increased more than 100 percent in the first quarter of 2008. However, the company does not release actual sales figures.
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Jeweler to Attempt to Scale Mount McKinley 05/06/2008 The thrills and challenges of the jewelry industry aren't enough to tame the adventurous spirit of Paul Elwell. So the chief financial officers of Pearlman's Jewelers will take the Battle Creek, Mich., company's flag to new heights as he attempts to climb Mount McKinley, the highest mountain in North America.
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Blue Nile Annual Revenues Up 33.6% 04/20/2008 Internet diamond and jewelry retailer Blue Nile, in its annual report, said its revenues grew 26.9 percent to $319.3 million for the fiscal year, ended Dec. 31, 2007.
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Abramov Resigns from HOTJ, Rose Takes Over 04/10/2008 House of Taylor Jewelry, Inc. on Thursday announced the appointment of Lyle M. Rose as president and chief executive officer of the jewelry company, effective immediately. He replaces Jack Abramov who the company said resigned as chairman, president, and chief executive officer for personal reasons.
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Jewelry Television Creates Tanzanian Relief Fund 04/09/2008 Jewelry Television has created a Tanzanian Relief Fund to support people affected by the flooding disasters in the Arusha and Manyara regions of Tanzania, Africa.
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Online Retail Sales to Reach $204 Billion 04/08/2008 Retail sales are expected to rise 17 percent this year to $204 billion, according to an annual survey of online retailers.
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Jewelry Television Sues Lloyd’s of London 03/27/2008 Jewelry Television is suing Lloyd’s of London to recover millions of dollars in jewelry the cable retailer claims were purchased through an account owned by the Office of the Comptroller of New York City.
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Selling Natural Color Diamonds
This is the first of a three-part series by the Natural Color Diamonds Association. Diane Warga-Arias of DWA Communications discusses the basics of color diamonds, including the rarity and strength of color and the diamond size, and how they relate to the value of the diamond. This seminar and the two remaining parts of the series are available as video podcasts on the NCDIA Web site.
Kenjo Holiday Party Watch retailer Kenjo's annual holiday party at its Manhattan store was filmed by Wi-Fi TV's new luxury watch program. Representatives from leading Swiss watch companies, showed their latest lines to party guests and gave interviews on trends for 2008.
Window Shopping: Holiday 2007 Edition Photo Gallery 'Tis the season of visual opulence; for proof, one need look no further than the nearest commercial shop window. Join us on a walk down Fifth Avenue from 57th to 39th street.
Gold Expressions 2008 Jewelry from "Gold Expressions" - The Language of Italian Design 2008 Collection. Presented by the World Gold Council, this event was held on Monday, December 3, 2007, in the Penthouse of the American Airlines Theatre in New York City.