Top Jewelry News: Week of Sept. 24



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

FTC Closes Investigation of Scott Kay’s Tungsten Claims
On Aug. 23, the Federal Trade Commission announced it is ending an investigation into Scott Kay’s claims about the metal tungsten carbide.

Blue Nile Sells $300,000 Diamond Over Smartphone
Blue Nile recently sold a $300,000 diamond via its mobile app, the company confirmed to JCK.

Calif. Jeweler Warner Co. Files for Chap. 11
The Warner Co. Jewelers, a 144-year old, Fresno, Calif.-based jeweler, filed for Chapter 11 on Sept. 20, court records show.

Birks & Mayors CEO to Step Down
On Sept. 21, Tom Andruskevich, who has led Birks & Mayors for more than 15 years as president and CEO, announced plans to resign from the company in the spring of 2012.

Reality Show to Star Vegas Jeweler
Las Vegas retailer The Jewelers will star in a new reality show, Vegas Rocks, which will begin airing on the Lifetime channel this November, owner Mordechai Yerushalmi told JCK.

From the blogs:

Cutting Remarks: Where Does the DDC Go From Here?
On Tuesday, the Diamond Dealers Club president resigned, and once again this troubled but important industry organization stands at a crossroads.

Style 360: Emmy Jewelry: Translating Six Trends Into Retailer Sales
Sure, there was plenty of bling during Sunday night’s 63rd Emmy Awards, but it hardly matters to retailers unless you can parlay some of those pricey styles into real sales at your own counter. JCK shows you how.

Retail Details: New Orleans Jeweler Creates Sales Training Program, Part 2
In part two, find out the particulars of a retailer’s five-level sales training program.

Memo to Merchandisers: Six Types of Jewelry Shoppers
It is critical that you know how to evaluate shoppers to understand how best to serve different types of jewelry customers.

Jewelry Sales Secrets: Who Do You Look Up to?
Who do you look up to in both your business and personal life? If you could mirror someone for a day, a week or even a month, who would that person be?

Jewelry Fashion File: All Choked Up
It’s the most extreme version of how far up toward the face a necklace can gravitate: the choker.