|
||||||
 |
March 30, 2009
|
|||||
|
||||||
|
|
||||||
| #Ad:2054_v2_Pos1_728x90# | ||||||
TOP STORIESBaselWorld Opens under Cloud of Economic Crisis Signet Annual Sales Down 8.8% #Ad:2054_v2_Pos2_336x280#
Alliance Time, Bidz.com Acquire Colibri Assets Charles & Colvard Q4 Sales Down 55% Illinois Luxury Tax Bill is Dropped From Our BlogsCutting Remarks by Rob Bates Diamond Shavings: Your Friday Web Roundup Here’s the news: Economic optimism reaches 20-month high. - Are we ... Read On » Cutting Remarks by Rob Bates Signet's U.S. Domination A Powerpoint presentation (PDF) that accompanied the release of Signet’s fina... Read On » Style 360 by Jennifer Heebner Live from Baselworld The Watch & Jewellery Show Greetings again, folks. I departed Florence on Wednesday, and am now in Basel, Swit... Read On » Style 360 by Rebecca in Florence: New Jewelry Lines After the factory tour, our group also got to see new jewelry. I’ve nev... Read On » MORE INDUSTRY NEWSA. Lange & Söhne, Jaeger-LeCoultre Honored at BaselWorld Vintage Rolex Collection Fetches $3.7M Nasdaq to Delist Finlay’s Stock, April 6 Annual Rough Diamond Reports due April 1 Alan Friedman Joins La Vie Group D.E.F. Elects Co-Presidents Salon Privé Partners with Loyalty Program Fundraiser for JFC at AGS Conclave Tiffany to Open Store In Amsterdam Bench Media's 10th Anniversary Special Paragon Lake Launches New Web site Celebrity Fundraiser Raises $5,000 |
#Ad:2054_v2_Pos3_160x600#
Don't miss any issues!Make sure this newsletter gets through your spam filter and delivered to your inbox. Add |
|||||
|
|
||||||
|
||||||
| Subscribe to JCK's Newsletters | Unsubscribe from JCKnews | Update Your Information | Print Subscription | Privacy Policy | ||||||
|
QUESTIONS? PRIVACY MANAGER: eService@reedbusiness.com; Reed Business Information 2000 Clearwater Drive Oak Brook, IL 60523 | Fax 630-288-8394 Copyright 2007 Reed Business Information, a division of Reed Elsevier, Inc. |
||||||
BaselWorld 2009, the world’s largest watch and jewelry trade show, opened Thursday under gray clouds, recurrent drizzle, cold temperatures—and occasional patches of blue sky. It was a fitting metaphor this year for the mood of many at this important international trade fair in Basel, Switzerland. 
Signet Jewelers Ltd. reported Wednesday that its sales declined 8.8 percent to $3.34 billion in fiscal 2009. At constant exchange rates, the loss was 5.7 percent. Same store sales were down 8.2 percent for the year, ended Jan. 31. 
Alliance Time—a New York-based distributor of brand name and designer jewelry, watches and accessories—said Wednesday it has acquired the entire inventory of goods, intellectual property, and trademarks of three brands formerly owned by The Colibri Group: Colibri, Seth Thomas, and Linden Clocks. 
Charles & Colvard, Ltd., said Friday that net sales for the fourth quarter were down 55 percent to $3.5 million compared to the fourth quarter of 2007, due to the “significant slowdown in the retail environment and reduced inventory commitments from major retailers that sell moissanite jewelry.” 
The Illinois General Assembly will not be moving forward with a bill that would have imposed a 5 percent luxury tax on fine jewelry purchases and time pieces over $20,000. 
Thousands of readers of two leading European publications have cast their votes for what they consider the top watches of 2009. 
Patrizzi & Co's auction of The Davide Blei Vintage Rolex Collection on March 22 in Milan brought in more than $3.7 million. 
Finlay Enterprises, Inc. said Thursday it has received notice from the Nasdaq Stock Market, Inc. that its common stock will be removed from the exchange at the opening of the April 6 trading session. 
All importers and exporters of rough diamonds in 2008 are reminded that annual reports of rough diamond imports and exports must be filed by April 1, the Jewelers Vigilance Committee said. Anyone who exported or imported rough diamonds in 2008 must file a report. 
The La Vie Group has signed an agreement with Beverly Hills jewelry designer Alan Friedman to lead design and direction for “Alan Friedman International,” a new project in association with The La Vie Group of Companies. 
The Diamond Empowerment Fund has elected two new board co-presidents: Neal Goldberg, Zale Corp. CEO, and Dr. Benjamin Chavis, president/CEO of the Hip-Hop Summit Action Network. 
Salon Privé Haute Joaillerie Dubai, the exclusive fine jewelry event to be held from Oct. 18-21, at the Madinat Jumeirah, introduced a recognition and rewards program with Jumeirah Hotels & Resorts. 
Fruchtman Marketing will sponsor an interactive fundraising opportunity for American Gem Society Conclave attendees, April 1 – 4, at the Hyatt Regency Chicago. Conclave attendees are invited to “Pop-a-Shot” using an arcade-style basketball game; each basket earns $1 for Jewelers For Children. 
Tiffany & Co. announced plans to open a new store in Amsterdam in fall of 2009. The 2,100-square-foot store will be located in a historic building at 86-88 PC Hooftstraat, in the city's premier shopping area. 
Jewelry technology company Paragon Lake has launched a newly designed and overhauled company Web site. 
Diamonds For A Cure said it will make a $5,000 donation Stand Up To Cancer based on the fundraising results of its pre-Oscar promotion. 
