TOP STORIES

Palmieri to Acquire GCAL
The Palmieri Group, founders of Gem Certification & Assurance Lab, announced Monday that it will continue GCAL’s diamond grading business and reached an agreement in principle to purchase GCAL’s diamond grading laboratory and certain intangible assets used in GCAL’s business, including its name, from Collectors Universe. » » »

Collectors Universe Exits Jewelry Grading Business
Collectors Universe, Inc. on Monday announced that it will exit the business of authenticating and grading diamonds and colored gemstones, effective immediately. » » »

Bergman Elected Chair of 24K Club, N.Y.
Phyllis M. Bergman, president of Mercury Ring Corp., has been elected chairperson of The Twenty-Four Karat Club of the City of New York for 2009. Bergman is the first woman to hold this position in the 107 year history of the organization. » » »

Rolex Loses 8-Year Court Case Against eBay
The Swiss luxury watchmaker Rolex has lost an eight-year legal battle in Germany against eBay, the online auctioneer, over fake Rolex watches allegedly sold by third parties on eBay’s Web site, report a number of business press outlets, including Bloomberg News. » » »

MJSA Expo New York Innovation Award Winners
Three technological innovations benefiting jewelry manufacturers will be showcased when the annual MJSA “Thinking Ahead” Award recipients are honored March 8 at MJSA Expo New York. » » »

From Our Blogs

MORE INDUSTRY NEWS

IDI Launches Strategic Marketing Initiative
The Israeli Diamond Institute Group of Companies has launched the first stage of an ambitious strategic initiative, geared to providing significant marketing support to Israeli diamond manufacturers and exporters. The program includes the use of traditional and innovative marketing elements. » » »

Haack, 78, Diamond Broker, Jeweler, Philanthropist
Donald Haack, 78, founder and owner of Donald Haack Diamonds & Fine Gems, in Charlotte, N.C., died March 1 after a brief illness, the Charlotte Observer reports. He was a respected businessman and, with his wife of 54 years, Janet, among the city’s most respected philanthropists. » » »

Penny Proddow, 65, Jewelry Writer, Historian
Penny Proddow, passed away peacefully at her home in New York, Feb. 28, following a short illness. She was 65. Her professional worlds included teaching at The Metropolitan Museum of Art, curating at R. Esmerian, Inc., and co-writing a monthly column for In Style Magazine. » » »

Watchmaker Roger Dubuis Cuts 16% of Workforce
Swiss luxury watchmaker Roger Dubuis SA is reducing its workforce by 70 people, or about 16 percent, owner and luxury goods conglomerate Richemont SA told JCK in a statement. » » »

World Gold Council’s Leaves of Change Jewelry
The World Gold Council unveiled a new collection of celebrity designed leaf motif gold jewelry items entitled Leaves of Change, which will be auctioned off for charity in May in New York City. » » »

New North American Distributor for Armin Strom
Totally Worth It, LLC, New York City, has become the official distributor of Swiss watch brand Armin Strom in the United States and Canada since the beginning of 2009. » » »

Leading Jewelers of the World Honoree Meeting
Leading Jewelers of the World will hold its annual honoree meeting April 18 in Chicago, in conjunction with the debut edition of the InStore Show. » » »

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