A roundup of JCK‘s top stories from the past week.
Zale Defends Diamond Brilliance Claims in Response to Signet
Expert testing backs up Zale’s claim that its Celebration Fire diamond is the “most brilliant diamond in the world,” the retailer claims in a Nov. 29 legal filing.
Customs Patrol Seizes Counterfeit Rolex, Breitling Watches
On Nov. 21, the U.S. Customs and Border Protection announced it had seized a huge cargo of counterfeit watches hidden in containers at the Port of New York/Newark.
Cutting Remarks: Zale’s 2012 Report Card
As the year draws to a close, I’d like to look at how some of our industry’s leading companies fared in 2012. First up: Zale Corp.
Survey: Democrats Prefer Zale, Republicans Kay
Democrats are more likely to shop at Zale than Republicans, while the reverse is true for rival Kay Jewelers, according to a survey from research firm Experian Simmons in The Wall Street Journal on Dec. 4.
Women’s Jewelry Association Announces Winners of the 2012–2013 DIVA Design Competition
The 15th Annual Diva Design Competition included a sponsored division featuring live goods within the AGTA?Spectrum Awards, in addition to the traditional WJA contest featuring photos or renderings of jewels.
Senators Hope to Pass Online Sales Tax This Year
Two prominent Senate supporters of “sales tax fairness”—which would require online retailers collect sales tax—said they hope to pass the measure this year.
J.C. Penney Worries About Staff Attrition
Too many departing employees could hurt J.C. Penney in the future, the retailer noted in its most recent SEC filing.
Bergdorf Goodman Appoints New SVP For Jewelry
Bergdorf Goodman has appointed Elizabeth Hui von der Golt senior vice president and general merchandise manager, responsible for the jewelry category, as well as fine apparel, designer sportswear, bridal, coats, lingerie, and swimwear.
New Exchange-Traded Fund Tracks Diamonds and Gems
Follow JCK on Instagram: @jckmagazineInvestors who talk about the great potential of the diamond industry now have a chance to put their money where their mouth is.
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