The latest news and information on legislative, regulatory, and legal developments affecting the jewelry industry—including patent and trademark disputes, bankruptcies, fraud, and consumer law.
Jewelers Try to Navigate the UCCs By Rob Bates - 07/01/2009
Shanu Singh Guliani, owner of Shanu's Fine Jewelry, Pembroke Pines, Fla., and a blogger for JCKonline.com, was surprised when a supplier asked her to sign a consignment and security agreement. “I had never seen this kind of form in my life,” she says. The supplier explained he needed her signature to file a Uniform Commercial Code form for goods she had received on consignment. More
Zimbabwe Diamond Fields Suffer 'Repression' 06/26/2009
Human Rights Watch stated in a report released today that Zimbabwe’s armed forces and police are committing human rights abuses.
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JVC, JBT to Hold 'Memo' Seminar at JANY 06/18/2009
The Jewelers Vigilance Committee (JVC) and the Jewelers Board of Trade (JBT) will team up to present the “Do’s and Don’ts of Trading on Memo.”
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Independent Jewelers Fight for Their LIFO By Rob Bates - 06/01/2009
President Barack Obama's proposed budget includes a section repealing the last in, first out (LIFO) accounting method that gives many jewelers a tax break, and some worry the repeal will hurt them significantly. (See box for explanation.) Peggy Jo Donahue, director of public affairs for Jewelers of America, says LIFO has long been used by retail jewelers, particularly those with two or more sto...
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No New Luxury Taxes! 05/01/2009
Proposals in Illinois and New York that would have added a 5 percent tax to purchases of fine jewelry and timepieces over $20,000 have been killed. The proposals spurred furious lobbying and letter-writing campaigns from Jewelers of America, Chicago Jewelers Association, and American Watch Association.
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Africa Comes to the Oscars By Rob Bates, Senior Editor - 05/01/2009
The week before the Academy Awards, the Diamond Information Center usually hosts a lavish suite celebrating diamond jewelry. But this year, it worried that wouldn't feel right. Given the worldwide economic downturn, DIC thought a lot of flash would be out of step with the prevailing mood. So the organization decided on an approach that would target the conscience as much as the desire for glitz.
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JCK Las Vegas 2009 JCK Las Vegas - the premiere jewelry show in the industry. Check out our event pics!
BaselWorld 2009 Parties abounded during the BaselWorld
Watch & Jewellery Fair, and right in
the mix were JCK staffers.
24K Club of New York Dinner Some of the most influential players of the fine jewelry and watch industry were in attendance at The Twenty-Four Karat Club of the City of New York annual dinner on Jan. 10 at the Waldorf Astoria.