Top Jewelry News: Week of Oct. 29



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

Helzberg Agrees to Refund for Princess Purchases
On Oct. 21, a federal judge gave preliminary approval to the settlement of a class action suit that charged Helzberg Diamonds misled people who bought princess cuts in its Masterpiece collection.

Connecticut Jeweler Charged With Violating Metal Buying Laws
On Oct. 21, police in Middletown, Conn., arrested Thomas Rosiello, owner of the Middletown Jewelry Exchange, for allegedly violating the guidelines of his precious metals dealer license.

Richemont Sues San Francisco Jeweler Over Watch Listings
Luxury group Richemont, owner of the Cartier, Vacheron Constantin, and IWC marks, has sued thefinestwatches.com, claiming the San Francisco-based jeweler and website advertises Richemont products it isn’t authorized to sell.

Miner Predicts Increase in Gold Price
The price of gold will soon rise again, if recent comments from one of the world’s top gold miners are to be believed.

Consumer Confidence Sinks to Recession-Era Levels
The Conference Board Consumer Confidence Index fell in October after showing improvement in September.

From the blogs:

Cutting Remarks: The Ongoing Confusion Over the Meaning of Simulant
The other day, I chanced upon a press release from a site called ecodiamondz.com that said it was premiering a “controversial video” called “Diamond Reality.” I checked into the site, and at first glance, it appeared to be a seller of synthetic diamonds. But as it turned out, it wasn’t.

Houston-based Jeweler Jan Forrester Specializes in Pearls
In the final installment of October’s month-long blog series on retailers selling pearl jewelry, Retail Details will highlight the pearl proficiency that comes from a one-woman shop.

Style 360: 12 Halloween-Inspired Jewels to Celebrate the Spooky Occasion
Going into Halloween weekend, you’ll want to accessorize right with spiders, pumpkins, and ghouls in a variety of cute and creepy styles.

Cutting Remarks: How’s Christmas Shaping Up?
The all-important holiday season is, believe it or not, just around the corner. The sentiment in the New York trade is pretty terrible, and things are generally described as “quiet.

Jewelry Fashion File: Vamping Up the Peter Pan Collar with Jewelry
Dresses and other garments with collars that draw the eye to the neck similarly have captured the interest of the fashion savvy.

Jewelry Sales Secrets: Phone Phrustrations
It amazes me how little attention is put on telephone manners, techniques, and disciplines.