A roundup of JCK’s top stories from the past week.
Harry Winston Reportedly Selling Jewelry Business
Harry Winston is looking to sell its jewelry and watch business to a luxury conglomerate like LVMH or PPR, according to a Reuters story that quotes an unnamed source.
Harry Winston Denies It’s Selling Jewelry Business
Harry Winston has now officially denied the two published reports that claimed it is planning to sell its watch and jewelry business.
Chad Allison Brand Shutting Down
Noble Jewelry is shutting down its Chad Allison brand and plans to concentrate on its two other divisions: Brooke Burke and Nouveau Luxe.
Jeweler Scores Publicity Coup With Diamond Discovered in Well
Karen Greaton, owner of Greaton’s Designing Jewelers in New Richmond, Wis., admits that she wasn’t expecting much when a customer came in with a rock he’d found in a local well.
Diamond Business Losing Market Share, Manufacturers Lament
The diamond business is losing market share to other jewelry products, complained Moti Ganz, president of the International Diamond Manufacturers Association, in an Oct. 15 keystone address to the World Diamond Congress in Mumbai, India.
The Problem With Lab-Grown Diamonds
In many ways, the story of Gemesis’ shareholders has become a metaphor for the entire lab-grown diamond industry, which has shown enormous potential that it has consistently failed to live up to.
Survey: Jewelry Lagging Other Categories This Holiday
A new holiday survey from Nielsen shows consumer demand increasing for just about every gift category this holiday—but not jewelry.
Picture This: 17 Window Displays on Madison Avenue in New York City
Welcome to “Picture This,” a new feature on my blog that puts some of New York City’s most inspiring and creative window displays in front of the lens of an iPhone 5.
50 Carat Diamond Sells for $9.5 Million at Christie’s
On Oct. 16, a 50.52 ct. pear-shape D-color flawless diamond pendant sold for $9.5 million to a private collector at Christie’s New York Magnificent Jewels sale
JCK Industry Fund Accepting Grant Applications
The JCK Industry Fund is accepting applications for its 2013 awards program.
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