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TOP STORIES

Zale Q2 Earnings and Sales are Down
Zale Corp. on Thursday reported that second-quarter earnings fell 31 percent to $52.7 million year-over-year, which included a $2.5 million, positive impact related to derivative accounting treatment for the company’s gold and silver contracts. » » »

Charles & Colvard Sales Down 35%
Charles & Colvard, Ltd., the global source of moissanite, a created jewel available for use in fine jewelry, reported Thursday that net sales in the fourth quarter decreased 35 percent to $7.9 million year-over-year. Gross profit fell 42 percent to $5.4 million year-over-year. » » »


Plumb Club Forum to Share Consumer Research
Consumer behavior, gold pricing, and Internet retailing will be among the hot topics to be discussed at the upcoming Plumb Club Forum at the Fashion Institute of Technology, New York City, March 2-3. » » »

Veteran Jewelry Writer Ginger Dick Dies at 62
Longtime gem and jewelry writer Ginger Dick died Feb. 10 at the age of 62, from heart-related issues. » » »

Reed Business Information to be Sold
Dutch-Anglo business-to-business media giant Reed Elsevier announced Thursday that it intends to sell its Reed Business Information publishing unit, which includes the JCK publishing group. Titles under the JCK brand include: Jewelers' Circular Keystone (JCK), JCKstyle, JCKLuxury, JCKonline.com, JCK India... » » »

From Our Blogs

Bidz.com "Under the Microscope"
The Los Angeles Times this week has an interesting piece on auction site Bidz.com – which is surely one of the biggest jewelry sellers on the Internet. According to this presentation, it sells 12,000 items per day, of mostly close-outs. It eventually hopes to be a $1 billion business...
Read On »
Customer Watch: And the Antithesis of the Strong Brow
For every action, there is an equal reaction. The pendulum swings both ways. And being a contrarian can be just plain fun when it comes to fashion...
Read On »
Fashion + Jewelry: Arthur Mendonça + Polar Bear Diamond
Ah, Fashion Week. You know all the big names, but sometimes it's the discovery of new talent that excites most. Enter Arthur Mendonça, a Toronto-based designer who had his first FW showing in New York on Feb. 7: Chinese New Year! Being of Chinese origin, Reuben Tom Kee, creative director of Mendonça's presenting sponsor Polar Bear Diamond (part of Canada's Basal Diamond Group), took this as a good sign. Better still, PBD sent Tom Kee jewelry designs down the runway along with Mendonça's fashion...
Read On »
We interrupt our Tucson blog .... Part II
We interrupt our Tucson blog .... Part II Well, Jewelry Television's "Jewel Hunter Jack" has gone and found an Andesine mine in Mongolia. And Jack found one other thing: Andesine starts out as near colorless feldspar, and is then heat treated...
Read On »

MORE INDUSTRY NEWS

GIA’s Four Cs Brochure Available in Spanish
The Gemological Institute of America has produced its first-ever Spanish-language version of the Institute’s Four Cs brochure. » » »

Fisher Joins Sterling as Merchandise Director

Sterling Jewelers Inc. has named Judy Fisher as its new director of Merchandising, Mall Divisions, Diamond Fashion and Ring. » » »

HK Jewelry Show to Attract 2,300 Exhibitors
The Hong Kong International Jewellery Show will be held March 4-8 at Hong Kong Convention & Exhibition Centre. Close to 2,300 exhibitors from 46 countries and regions will showcase jewelry and related products and services. » » »

Kathy Holub to Speak at WJA Metro Dinner
The Women's Jewelry Association Metropolitan Chapter will present negotiation speaker Kathy Holub during a dinner event at 6:30 p.m., March 18 at Alfredo's of Rome in New York City. » » »

IDMA Calls for Diamond Promotion Campaign
The International Diamond Manufacturers Association has criticized the lack of cohesive and comprehensive generic diamond promotion, and expressing its readiness to coordinate such a program on behalf of the industry. » » »

Diamond Divas Exhibition in Antwerp
Combining celebrity with stunning diamond jewelry, a new exhibition organized by the Antwerp World Diamond Centre, will open April 11 at the Antwerp Diamond Museum. » » »
THIS MONTH’S READER POLL
How do the recent financial problems of jewelry retail chains, such as Zale and Friedman's, affect independent jewelers?
It eliminates competition and creates opportunities for independents.
The ups and downs of chain jewelers make little to no difference to independents.
It reflects on the industry as a whole, thus, making it difficult for all jewelers to compete.

View results from last month’s poll

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