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TOP STORIES

Model Sues Jeweler for Racy Ad
A model who appeared in an online video for a jewelry company has filed a $5 million lawsuit saying that the commercial has tarnished a wholesome image she's worked hard to maintain. » » »

Alpha Omega Files for Bankruptcy
Alpha Omega Jewelers filed for Chapter 11 bankruptcy late Wednesday night, the Boston Globe reports. Meanwhile, the struggling Cambridge-based retail chain's owners, who hastily left the country for their native India days before Christmas, remain abroad, according to a company lawyer. » » »


Breeden Increases His Stake in Zale
Richard Breeden, the former U.S. Securities and Exchange Commission chairman who is now an activist investor, has raised his stake in U.S. jeweler Zale Corp. to 13.3 percent, from 7.7 percent. » » »

Israel Polished Diamond Exports Up 7%
Israel’s diamond trade figures for 2007 showed a substantial rise in all areas, making 2007 the best year ever, according to the Israeli Diamond Industry. » » »

Grima, Jeweler to Royals, Celebrities, 86
Andrew Grima, whose jewelry adorned royalty and celebrities, died Dec. 26, The Associated Press reports. He was 86. » » »

From Our Blogs

Hitched: Katherine Heigl + Josh Kelley
OK! magazine’s exclusive photos and report of Grey’s Anatomy actress...
Read On »
Diamond Shavings: Your Friday Web Roundup
Happy new year, everyone. Glad to be back. Hope you all had a nice holiday and...
Read On »
How Long Before You have to Pay for a Diamond on Memo?
I hope all of you had a wonderful Christmas season and a very Happy New Year! Today, I am officially back to work—I definitely could have used another...
Read On »
Customer Watch: A Changing Attitude About Engagement Rings?
The engagement ring certainly has been getting its share of disrespect...
Read On »

MORE INDUSTRY NEWS

Jewelry Tops Collectors' Web Searches
Jewelry was the top search item in 2007, according to a Web site specializing in antiques and collectibles. » » »

India Protests DTC Sight Reduction
The Gem & Jewellery Export Promotion Council has expressed what it describes as "grave concern" over De Beers Diamond Trading Company's pruning of Indian sight holders for 2008-2011. » » »

Hollywood Collection at Atlanta Show
The Kazanjian Foundation’s Jewels for Charity Hollywood Collection, which tours fine jewelry stores, galleries, and museums worldwide, is coming to the Atlanta Jewelry Show. » » »

Jade to Be Used for Olympic Medals
For the first time, a material other than metal will be used for medals awarded to athletes for the Olympic Games, the publication China View reports. » » »

Conference to Discuss New Supply Models
At a time of rapid changes in the diamond supply pipeline, the Third International Rough Diamond Conference will provide a platform for the discussion of new models of rough supply. The conference, to be held Feb. 11 and 12 in Israel will bring together representatives of all major diamond producing countries, as well as leading mining and exploration companies. » » »
THIS MONTH’S READER POLL
How did the 2007 holiday season compare with 2006?
Sales up more than 10%
Sales up between 5% and 10%
Sales up less than 5%
Sales flat with 2006
Sales down less than 5%
Sales down more than 5%

View results from last month’s poll

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