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TOP STORIES

Liddicoat Scholarship Fund Campaign Begins
The Gemological Institute of America’s campaign for the sixth annual Richard T. Liddicoat Scholarship Fund campaign is currently underway. » » »

Economy Forces Michigan Jeweler to Close
A family owned jewelry operation in Western Michigan is closing because of economic conditions and increasing competition from untraditional players, according to a local newspaper report. » » »


LVMH Jewelry and Watch Sales Up 11%
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, reported a 4.5 percent growth in revenue to nearly 12 billion euros ($16.3 million) for the first nine months of 2008, year-over-year. The company added that when stripped of foreign exchange rates (organic growth), revenues were up 10 percent for the period. » » »

U.S. chain store sales Up 1% in September
U.S. chain store sales for September 2008 rose by 1 percent on a year-over-year same-store basis according to the International Council of Shopping Centers, Inc. » » »

Weil’s $20M Suit Against Theron to Proceed
Swiss watchmaker Raymond Weil’s $20 million lawsuit against Oscar-winning actress Charlize Theron, 33, will go to trial by the end of October. » » »

From Our Blogs


Cutting Remarks by Rob Bates
Diamond Shavings: Your Friday Web Roundup
Well, you can't say we don't live in exciting times. Here's the news ... ABN Amro goes Dutch. - D and J division speaks ...
Read On »

Cutting Remarks by Rob Bates
Some Thoughts for the Weekend
I just got an email from a plugged-in industry vet who said the following: The U.S. wholesaler is akin to Bear Sterns, Lehman Brothers, Fannie and Freddie. The owners need to be more like John Thain of Merrill Lynch. He saved his company by acting decisively and recognizing that a bad deal is still better than something that kills the company. Had Fabrikant, OTC, LID, Star Diamond, Whitehall etc acknowledged their problems and taken action they would not have fallen ...
Read On »

Jewels on Jewels by Cynthia Sliwa
Customer Watch: Yet Another Styling Faux Pas (or, Long Sleeves, Part 2)
Especially these days, with spending noticeably dialed back and a corresponding interest in taking care of one’s possessions so that they are usable and attractive longer, I find it mind-boggling that the editorial stylists for some of the premier consumer fashion and celebrity-focused magazines continue to style clothing so that its natural lifespan is at risk...
Read On »

Cutting Remarks by Rob Bates
Undisclosed Yellow Lab-Grown Melee?
An interesting item in last week’s GIA Insider indicates there may be more undisclosed synthetic (yellow) diamonds out there than previously thought...
Read On »

MORE INDUSTRY NEWS

Wolfgang Named President of Roger Dubuis NA
U.S. luxury watch industry veteran Ronald L. Wolfgang was named president of Roger Dubuis North America, effective Oct. 1, by the Richemont Group, which made the announcement Wednesday. » » »

Shareholders Approve Richemont Restructuring
Shareholders of Richemont, one of the world’s top luxury goods groups, on Oct. 9 overwhelmingly approved its restructuring. » » »

Christofle to Open Three Stores in 2009
Christofle Silver, Inc. said it is planning to open new boutiques in Boston, Atlanta, and Las Vegas in 2009. » » »

Strong Crowds, Good Business at Bangkok Fair
Despite the world’s economic crisis and political unrest in Thailand, the number of visitors to the 42nd Bangkok Gems & Jewelry Fair stayed even with previous edition of the trade fair, according to show officials. » » »

Boteti, Botswana Sign Mining Agreement
De Beers mining partner Boteti has today signed an agreement with the Government of Botswana setting out the terms and conditions for the granting of a mining licence for the AK06 deposit, Boteti said in a statement. » » »

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