A roundup of JCK‘s top stories from the past week.
Helzberg Carat Weight Dispute Leads to Lawsuit
An engagement ring buyer is suing Helzberg Diamonds, claiming the retailer did not fully make amends after it inaccurately described the carat weight of a ring set.
Florida Jeweler Fights Poorly Graded Stones With Diamonditis Campaign
Brad Congress of Bradley’s Jewelers in Fort Myers, Fla., is raising a ruckus about inaccurately graded diamonds by promoting education and awareness in his South Florida market.
Zale Sees First Profitable Year Since 2008, Will Close 50–55 Stores
Zale Corp. turned a $10 million profit in fiscal 2013—its first year in the black since 2008. It is also Zale’s largest full-year profit since 2007.
Customs Officials Seize $1.2 Million in Counterfeit Watches
U.S. Customs and Border Protection officers seized $1.2 million in counterfeit Rolex, Louis Vuitton, Cartier, and Omega watches at Los Angeles International Airport on Aug. 8.
19.51 Carat Harry Winston Diamond Ring to Highlight Sotheby’s September Auction
A 19.51 ct. platinum and diamond ring from Harry Winston will lead Sotheby’s Important Jewels auction on Sept. 24 in New York City and is expected to sell for $1.2 million–$1.8 million.
26 Spectacular Jewels not to Miss at LUXURY Privé Panama
Whether you’re attending the show or following from home, you’ll love these exquisite jewelry picks.
Signet Sees Comps Rise, Will Increase Holiday Ads
Every holiday, Kay and Jared blanket the airwaves with TV ads. Expect even more this year.
Samsung Smartwatch Coming in September
Samsung is beating Apple to the punch, introducing its first smartwatch next month, according to a report in The Korea Times.
Lab-Grown Diamond Company “Making Progress”
Washington Diamond Co., the newest entry in the man-made diamond sector, is now regularly producing 1 ct. stones, founder and chairman Clive Hill says.
Where Solitaires, Social Media, and Style-Setters Meet
For pointers on earning Facebook “likes” and the adoration of tastemakers, take a page from Los Angeles-based Coronet Diamonds.
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