Top Jewelry News: Week of Nov. 18



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

Henry Dunay Loses Battle Over Use of Own Name
On Nov. 14, legendary designer Henry Dunay lost a court battle with the new owners of the Henry Dunay company, and now faces severe restrictions on how he uses his name on social networks and the Internet.

Christie’s Auctioning Elizabeth Taylor Jewelry Over the Internet
While the famed actress’ best known pieces will be sold at Christie’s beginning Dec. 13, some parts of her jewelry collection will also be sold via a special online-only sale.

Jewelry Brands Ignoring Digital Risk Losing Relevance
Jewelry brands are failing to take advantage of online opportunities to build their brands, according to a webinar hosted by the think tank L2 on Nov. 14.

Bon-Ton CEO Retires
Bud Bergren, 65, has stated his intention to retire as president and chief executive officer of Bon-Ton Stores.

Gold Demand Up 6% in 3Q
Gold demand in the third quarter of 2011 reached 1,053.9 tons, an increase of 6 percent compared with last year, according to the World Gold Council’s Gold Demand Trends report.

Graff Wins Auction for Diamond He Once Owned
Auction spotters noted an unusual buyer for the “diamond by Graff” at Christie’s latest jewelry auction: Laurence Graff himself.

Grayson Jewelers Pays Rent for Lucky Georgia Customers
Joe Kalish, owner of Grayson Jewelers in Grayson, Ga., has made the lives of a few lucky residents much easier recently by paying their mortgage or rent payment for a month.

11 Retail Sales Trends Identified by Jewelers
Our annual JCK Retailer Survey identified the categories that have performed best for retail jewelers in 2011.

5 Holiday Promotions From Jewelers
With Black Friday coming up next week, retailers are already getting Christmas celebrations underway.

2 Reasons Why Jewelers Should Be Optimistic This Holiday Season
Forecasts show holiday sales are shaping up to be better than expected.

110 Carat Yellow Wins Record Price at Auction
The Sun-Drop yellow diamond sold to an anonymous buyer for $11.2 million at Sotheby’s Magnificent Jewels Auction in Geneva on Nov. 15, a world record price for a yellow stone.

From the blogs:

Judging the Big Chains’ Holiday Commercials
I am once again reviewing the big chains’ holiday commercials, but this year I thought I would add a twist.

For Jewelers: iPad, Therefore iSell
Three jewelry stores reveal their creative uses of their iPads.

Get to Know Mevesh Ozagar of Ista Jewelry
The New York City-based jewelry designer makes tulips the signature style of her super-feminine karat gold and blackened silver creations.

More WikiLeaked Cables on Diamonds
I recently became aware of a site that allows you search WikiLeaked diplomatic cables—and, as one would expect, one finds quite a bit about diamonds.

Maximizing Every Opportunity: Part 2
A checklist of things that salespeople should do in order to sell more to the people they are already selling to.

How Jewelers Can Understand Branding and Buzz
Two things every jeweler needs to understand to drive traffic and increase sales are branding and buzz.

Deciphering & Adapting Must-Have Jewelry Wardrobe Lists
Identifying the items that make up the perfect jewelry wardrobe essentials.