10 Most Popular Jewelry News Stories: Week of June 18



A roundup of JCK’s top stories from the past week:

J.C. Penney President Resigns After Eight Months

Former Target exec Michael Francis has resigned as president of J.C. Penney, a mere eight months after he took the position.

Fashion Bug Chain to Close

Fashion Bug, a value-priced retailer of clothing and accessories with over 600 stores in 43 states, will close in 2013.

JewelPops Ranked as Fifth Fastest Growing Company in Canada

JewelPops Inc. was ranked as the fifth fastest growing company in Canada on Profit magazine’s 2012 PROFIT 200 list.

J.C. Penney Won’t Change Strategy, Company Says

The departure of J.C. Penney president Michael Francis does not mean the company’s “Fair and Square” pricing strategy will change, the company tells JCK.

Elvis Presley’s Omega Constellation Sells for a World Record Price of $52,500

An Omega Constellation watch that formerly belonged to Elvis Presley sold for a world record price of $52,500 at Antiquorum’s auction of “Important Modern & Vintage Timepieces, Part 2,” in New York City on June 12.

WJA Announces Award for Excellence Nominees

The 2012 Awards for Excellence gala will be held on July 30 at Pier 60 at the Chelsea Piers in New York City.

Jeweler Uses Twitter to Pester Football Star About Debt

Twitter is best known as a social networking platform, but one Philadelphia jeweler also appears to be using it as a collection service.

No Easy Detection Method Coming for Synthetic Diamonds, GIA Says

It is highly unlikely that there ever be a “black box” that makes it easy to detect synthetic diamonds, two Gemological Institute of America scientists told a June 18 meeting of the Diamond Manufacturers & Importers Association of America.

5 Vintage Jewelry Cartoons From 1969

Digging through the JCK archives to research my next installment of the top covers of the 1960s, web editor Daniel Ford came across five vintage jewelry cartoons he thought the industry would appreciate on this hot and muggy Wednesday.

Cutting Remarks: The Antwerp Lab Bribery Case Blows Open

It looks like the police in Antwerp are doing what the authorities in this country didn’t do—arresting the people who allegedly bribed graders at a diamond lab.