Top Jewelry News: Week of Oct. 8



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

JewelPops Sues Helzberg, Claiming It’s Copied Kameleon
JewelPops launched another lawsuit on Sept. 30, this time charging Helzberg Diamonds has infringed on its Kamelon line.

Survey: Jewelers’ Holiday May Beat Expectations
Jewelers may be “pleasantly surprised” by the upcoming holiday season, James Russo, Nielsen’s vice president of global consumer insights, tells JCK, following the release of the company’s Holiday Sales Survey.

110.03 Carat Yellow Diamond Up for Auction at Sotheby’s Geneva
A 110.03 ct. pear-shaped fancy vivid yellow diamond known as the Sun-Drop Diamond is expected to rake in $11 million to $15 million at Sotheby’s Nov. 15. auction in Geneva.

Online Jeweler to Award $40,000 Engagement Ring to Member of U.S. Military
Union Diamond is going to award a $40,000 platinum and diamond engagement ring to one lucky member of the U.S. military.

Flash Jewelry Site Ajaline Closing
Ajaline, billed as the first “flash sale” site devoted solely to jewelry, is shutting down.

Study: Jewelry Market Has Recovered From Recession
The American jewelry business has “recovered” to pre-recession levels, according to a study released Sept. 28 by Unity Marketing.

Axed Sightholder W.B. David’s Suit Against De Beers Dismissed
De Beers now has one less legal headache.

From the blogs:

Cutting Remarks: Zale and Signet Meet the Investors
Rob Bates has some thoughts on Zale and Signet ‘s investor presentations from the last few weeks.

Retail Details: Hawaii Jeweler Sells Only Pearls
A look at a Hawaii store owner who only sells pearl jewelry.  

Style 360: Salvatore Ferragamo Jewelry Line Launches
A line of silver and 18k gold jewels developed by Salvatore Ferragamo in collaboration with Gianni Bulgari is launching this month in select stores worldwide.

Cutting Remarks: Interview With New DDC President
Reuven Kaufman, who was just elected as the new president of the Diamond Dealers Club, has a big (and important) job ahead of him. In an exclusive interview with JCK, Kaufman stresses that he and his team are determined to set things right.

Jewelry Fashion File: The Power of Pink: Jewels That Support the Fight Against Breast Cancer
Since 1985, October has been recognized as National Breast Cancer Awareness Month, and many designers and retailers have found ways to support the fight against breast cancer by promoting and selling designs rendered in pink.

Jewelry Sales Secrets: Up The Down Escalator
Do you ever feel like you are spending your life, including your career, trying to go up the down escalator?