A roundup of JCK‘s top stories from the past week.
Gisele Bündchen Sizzles in New David Yurman Ad Campaign
The supermodel shows off jewelry from the designer’s Fall 2012 collection, including the Labyrinth and Silver Ice lines.
CNBC Aired “Diamond Rush” Special
CNBC aired a half-hour report on the diamond industry, called “The Diamond Rush,” on Aug. 27.
Tiffany Reduces 2012 Outlook Amidst Slowing Sales
Tiffany & Co.’s worldwide net sales totaled $877 million in the second quarter—a 2 percent increase over the same period in 2011—but there wasn’t much else for the company to rejoice over in its latest financial disclosure.
Hong Kong Jewelry Company Slapped With $800,000 Fine for U.S. Customs Fraud
On Aug. 24, Hong Kong-based jewelry exporter Fai Po Jewellery pleaded guilty to customs fraud charges and faces nearly $2 million in fines and restitution.
New England Jewelry Store’s Windows Teem With ‘See-Worthy’ Display
This summer, an elaborate underwater-themed window display has greeted customers of Day’s Jewelers in South Portland, Maine and Manchester, N.H
Black (Jewelry) by Popular Demand
Black jade, diamonds, crystal, onyx, pyrite, jet, and ebony put a youthful spin on classics and allow your customers to channel their inner Twilight star.
Jewelry Crime Stories: Week of Aug. 20
“A California jeweler was found shot to death in his store,” and other jewelry crime stories from the past week.
Zale Expects to Turn a Profit in 2013, Net Loss Narrows in 4Q
Zale Corp. now expects to turn a profit in 2013 after revenues improved and the company narrowed its net loss in the fourth quarter.
Holsted Marketing Files for Bankruptcy
Holsted Marketing, a direct-marketing company whose clients include Fashion Bug, Sears, Macy’s, and Bon-Ton, filed a Chapter 11 case in the U.S. Bankruptcy Court for the Southern District of New York.
Lazare Still Unable to File Financials, Anticipates Significant Sales Drop
Follow JCK on Instagram: @jckmagazineOn Aug. 30, Lazare Kaplan again filed a statement with the Securities and Exchange Commission that said it was unable to file a full financial report.
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