A roundup of JCK’s top stories from the past week:
The price of gold will still rise this year, but not as much analysts originally projected, according to a Reuters poll of metal investors.
Signet Jewelers is laying off up to 99 employees at its United Kingdom headquarters, according to a report in the Birmingham Mail.
Zale Corp. has secured what executives termed a “milestone” new financing arrangement, which replaces its 2010 deal with Golden Gate Capital that analysts said had saddled it with costly fees and interest.
They came, they saw, they bought. Our wrap-up of the best and the brightest jewels and news JCK Las Vegas 2012 had to offer.
Jewelry crime rose in the first six months of 2012, the Jewelers Security Alliance reported.
Goldenwest Diamond Corp., owner of the Jewelry Exchange chain, has announced that it is in negotiations to acquire an interest in Israeli diamond company EZ Diamonds.
Cult-favorite jeweler JAR, aka Joel Arthur Rosenthal, set a new standard for pavé work with this circa 2003 floral brooch.
The financial markets have certainly smiled upon Zale Corp.’s new financing—its stock jumped more than 20 percent immediately after it was announced.
People have found diamonds in Africa, in Russia, even at a park in Arkansas. But every now and then the fabled gems turn up in some even exotic places.
The company is “making deep price cuts” to many of its everyday prices, according to a report in The Wall Street Journal.