Top Jewelry News: Week of Sept. 30



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

Tacori Dismissing Lawsuit Against Scott Kay
Tacori wants to dismiss its seven-month-old lawsuit against Scott Kay over Kay’s Heaven’s Gates line, according to papers filed Sept. 28 with the U.S. District Court for the Central District of California.

New Company Plans to Produce Synthetic Diamonds
Scio Diamond Technology has purchased the assets of synthetic diamond producer Apollo Diamond and tells JCK it plans to being manufacturing lab-grown colorless and pink stones beginning next year.

Gold Now Considerably More Expensive Than Platinum
Even with the recent falls in the gold price, a widening gulf is opening up between the yellow metal’s price and that of its traditionally more expensive sister metal, platinum.

Diamond Dealers Club Elects New President
Reuven Kaufman was elected president of the Diamond Dealers Club Sept. 28, following the resignation of past president Moshe Mosbacher.

Gold Price Sees Biggest Slide in Decades
Gold experienced its biggest plunge in decades on Sept. 26, temporarily sinking below $1,600 an ounce, more than 15 percent lower than the record highs it hit earlier in the month.

From the blogs:

Cutting Remarks: The Kimberley Process: The Final Chapter?
I never really believed the Kimberley Process was in serious danger of failing. Until now.

Retail Details: Seize the Day! PropertyRoom.Com Cashes in on the Online Auction Trend
Since its launch in 2001, PropertyRoom.com has sourced a host of consumer goods from an extensive network of sheriff and police department property rooms.

Style 360: Get to Know Theresa Bruno of Jordan Alexander Jewelry
The 1-year-old line designed by a classically trained musician offers a modern take on pearls.

Cutting Remarks: Interview with Thomas Adruskevich, Retiring CEO of Birks & Mayors
Thomas Andruskevich, the long-time president CEO of Birks & Mayors who announced his resignation last week, very generously gave me some of this time to speak about his future plans and views on the industry.

Jewelry Fashion File: The Why and How of Y-Shaped Necklaces
With a trend this season of necklaces worn close to the face, it makes sense that designers would find ways to extend the adornment downward.

Jewelry Sales Secrets: What Do People Want From Their Job?
The one thing that salespeople want from their profession is the one thing that business owners, supervisors, and sales managers seem to have the most trouble giving.