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TOP STORIES

Wealthy Consumers Choose Values over Value
America’s most affluent and wealthy consumers live predominately on Main Street, not on Wall Street. They see themselves as being severely impacted by the current real estate and banking crisis. While not eliminating luxury purchases, many are becoming more discriminating in what they buy and one of the places they will be cutting back is on jewelry. » » »

Charles & Colvard CFO Resigns
Charles & Colvard said Thursday that James R. Braun has resigned as vice president of finance and chief financial officer and four other positions were eliminated in an effort to manage costs and return the company to profitability. » » »


TanzaniteOne Rebukes Gemfields Buyout Offer
A buy-out offer of TanzaniteOne by Gemfields Resources  was rebuked by TanzaniteOne’s board of directors. » » »

Indo Argyle Diamond Council to Close
The Indo Argyle Diamond Council will close in December after 15 years in operation, according to a statement Tuesday by MVI Marketing, which owns the program. » » »

Collectors Universe 4Q Revenues Down 4%
Collectors Universe, Inc. reported that net revenues for the fourth quarter of 2008 fell 4 percent to $10.3 million, compared to the same period of the prior year. » » »

From Our Blogs


Jewels on Jewels by Cynthia Sliwa
Photo Finds: A Perfect Bracelet
From time to time, I come across a photo of an individual styled so beautifully with jewelry that the photo deserves comment and another admiring look...
Read On »

Cutting Remarks by Rob Bates
Can America Bank on the Banks?
There has been a lot of talk about what is still called the “ABN Amro” diamond and jewelry division, which supplies about 30 to 40% of the industry’s financing. As has been reported, it has been up for to sale for some time, seemingly to no avail...
Read On »

Cutting Remarks by Rob Bates
Don't Sell Zale Short ...
... And we mean that literally ... Zale has been apparently been added to the SEC's list of stocks that can't be short-sold. Dow Jones explains...
Read On »

Style 360 by Jennifer Heebner
Raising Money and Awareness for Breast Cancer Research
This month is National Breast Cancer Awareness Month, and my sister-in-law, Karyn, is doing something special to kick it off: She’s walking the Breast Cancer 3-Day Benefiting Susan G. Komen for The Cure event in Washington, D.C., October 3-5...
Read On »

MORE INDUSTRY NEWS

Vasant Mehta Elected Chairman of GJEPC
The Gem & Jewellery Export Promotion Council unanimously elected Vasant Mehta as chairman during the organization’s 42nd annual general meeting, held Sept. 30. Mehta previously served as vice chairman. » » »

Manfredi Jewels, Omega Host ‘Collector Dinner’
Manfredi Jewels and Omega gave watch collectors and enthusiasts the rare opportunity to become watchmakers for an evening at a private dinner and demonstration. » » »

ArtCarved Introduces Limited Edition Ring
ArtCarved will partner with 100 authorized retailers to debut its Limited Edition engagement ring, an individually numbered series of 250. » » »

GRC Announces Speakers, Calls for Abstracts
The Gemological Institute of America has announced the speakers for the second Gemological Research Conference, which will take place Aug. 21–23, 2009, in San Diego. The speaker list includes George Rossman who will present the opening keynote. » » »

Hublot Helps ‘Jet Man’ Fly
Swiss luxury watch Hublot was a major sponsor of Yves Rossy—nickenamed “Rocket Man,” “Jet Man, ” and "Fusion Man" by the international media—who on Sept. 26 became the first man to fly the English Channel (from Calais, France to Dover, England) using his homemade, single, jet-propelled wing. » » »

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