10 Most Popular Jewelry News Stories: Week of Feb. 25



A roundup of JCK’s top stories from the past week:

Argyle Unearths 12 Carat Pink Diamond, Biggest in Its History

The Argyle mine in the East Kimberley region of Western Australia has just unearthed a 12.76 ct. pink diamond, the largest in its long history of discovering notable pinks.

Zale Sales Rise, Discontinues Jessica Simpson Line  

Zale Corporation announced that its sales continued to rise in its second quarter–although it is not yet profitable and is discontinuing its Jessica Simpson line.

GIA Introduces Online Only Grading Reports

The Gemological Institute of America’s famed lab is now offering online-only grading reports.

Richline Acquires U.S. Precious Metals Business

Richline Group will acquire the U.S. precious metals division of the Cookson Material Products Group in the second quarter of 2012.

J.C. Penney Says No Discounting—Except for Jewelry

This was recently brought to my attention: So in turns out that even though J.C. Penney has dramatically turned its back on nonstop sales and discounts, jewelry will continue to be on sale.

Pandora’s U.S. Revenue Holds Up, But Drops Worldwide      

While Pandora’s worldwide revenue decreased in fiscal 2011, its U.S. sales have mostly held steady, interim CEO Marcello V. Bottoli tells JCK in an exclusive interview.

Famed Stylist Rachel Zoe Designs Tiffany Windows

Tiffany & Co. has commissioned fashion stylist and designer Rachel Zoe to design commemorative window displays memorializing “Hollywood glamour from the 1930s through the 1970s.”

The Pantone Fashion Color Report for Fall 2012

The Pantone Color Institute promises to “transport consumers to an enchanting place, free from the stresses of everyday life,” according to its selection of 10 hues for fall 2012.

Reena Ahluwalia Debuts Rio Tinto Award-Winning Canadian Diamond Necklace

Canadian jewelry designer Reena Ahluwalia recently unveiled the finished necklace that was awarded the Master Craftsman distinction within the Canadian Diamond category of the Rio Tinto Diamonds Global Design Competition.

Jeweler’s Blog Asks Claire’s to Pull Look-Alike Designs

In an episode reminiscent of last year’s controversy involving Urban Outfitters, a blogger for an English jeweler has sparked a social media firestorm after posting items from Claire’s Accessories that appear to be quite similar to the jeweler’s own designs.