10 Most Popular Jewelry News Stories: Week of May 7

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

Richline Introducing Jewelry Vending Machine

Vending machines aren’t just for corn chips anymore.

Warren Buffett Scores in Second Stint as Jewelry Salesman

On May 6, famed billionaire Warren Buffett once again worked the jewelry counter at Borsheims—scoring big sales while seemingly relishing the attention.

Pandora’s Revenues Sink Because of Stock Balancing

Pandora’s stock rebalancing campaign hurt the Danish charm manufacturer’s financial results for the first quarter of 2012, group CEO Björn Gulden told JCK in an exclusive interview.

J.C. Penney Eliminates Sales Commissions

In the latest phase of its ongoing evolution under former Apple stores chief Ron Johnson, J.C. Penney has moved sales associates from a commission-based pay structure to a competitive hourly rate structure.

Cartier Exec Martin Gatins Dies

Martin Thomas Gatins, senior vice president of Cartier North America, died May 4 at the age of 61 after a five-year battle with leukemia.                 

Blue Nile Sales Rise, Profits Plummet

Blue Nile reported mixed financial results in the first quarter of 2012—with sales up but profits down 93.5 percent.

Nordstrom Ranks Highest Among Luxury Shoppers

A survey by the Luxury Institute finds that wealthy U.S. shoppers rank Nordstrom highest among luxury retailers.

10 Things Rocking the Industry: May 2012

Chopard hits Cannes, Hunger Games jewelry, and more…

College Freshman Celebrates 10-Year Anniversary of Her Jewelry Business

Taylor Miller, a college freshman at Southern Methodist University in Dallas, launched her business, Hazen Jewelry, when she was only 9 years old.

Gold Price Erases Gains for the Year

As we near the halfway point for 2012, gold bugs can’t be too happy about the performance of their favorite metal.