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ulysse nardin
Kering Profit +7%; Acquires Ulysse Nardin
Kering's revenue rose 1.5 percent year on year to $6.4 billion (EUR 4.75 billion) for the first half of the year that ended on June 30. Revenue increased 4 percent based on comparable-exchange-rates. The luxury group...
Financial-Legal Jul 30, 2014 Jeff Miller
Kendra scott
Norwest Venture Partners Invests in Kendra Scott
Norwest Venture Partners, a global multi-stage investment firm, invested in jeweler Kendra Scott as a minority investor, further enabling the retailer to expand and increase the brand's reach. Kendra Scott, the founder and CEO of the...
Financial-Legal Jul 30, 2014 Nirali Sheth
jewelry show
Frugal Buying Makes for Slow JA NY Summer Show
Slower than years past, the JA New York Summer Show that was held at the Javits Center this week was better for jewelry designers than loose stone dealers. There were few customers...
Retail Jul 30, 2014 Nirali Sheth
l2
L2 Says Integrate Realtime Store Inventory Across Channels
Ecommerce sales growth rates for Macy's, Walmart and Costco surpassed Amazon's in the first quarter of the year because those brick-and-mortar retailers continue to invest and perfect their omnichannel strategy across the organization,...
Marketing Jul 30, 2014 Jeff Miller
De Beers Diamond Sorting
De Beers Updates Sightholder Signature
De Beers recently provided its sightholders with an updated sightholder signature. The new signature aims to bring the De Beers and sightholder names closer together, reflecting the central role that sightholders play to the De Beers...
Marketing Jul 30, 2014 Deena Taylor
Crime
SDA Demands Separate Police Stations in Diamond Hubs
(RAPAPORT) Times of India: The Surat Diamond Association (SDA) has demanded police stations in the diamond hubs of Surat, Ahmedabad and Bhavnagar to exclusively deal with criminal cases related to diamonds. The SDA came up with...
Financial-Legal Jul 30, 2014 Times of India
birks mayors
Birks Group Records $6M Loss, Plans Corporate Consolidation
The Birks Group reported that revenue fell 4 percent year on year to $281.2 million for the fiscal year that ended on March 29. However, same-store sales rose 4 percent. Cost of sales were flat at $166.5...
Financial-Legal Jul 29, 2014 Jeff Miller
Pandora MLB
Pandora Opens Nominations for 'Hearts of Today' Campaign
Pandora Jewelry created a marketing initiative to celebrate the work that women do within their communities to improve the livelihood of women and children with the launch of Pandora's Hearts of Today this week to provide the brand...
Marketing Jul 29, 2014 Jeff Miller
Zimbabwe Mines Minister Obert Mpofu
Mpofu Scoffs at Diamond Bribery Accusations
(RAPAPORT) Herald: Zimbabwe's former Mines and Mining Development Minister Obert Mpofu denied demanding a $10 million bribe to facilitate a diamond mining deal, saying he is a successful businessman with the potential to employ the people behind...
Mining Jul 29, 2014 Herald
court
Suit Alleges Three Major Banks Manipulate Silver Prices
(RAPAPORT) UPI: Three international banks were accused in a U.S. lawsuit of manipulating the daily benchmark price for silver.A complaint filed in federal court by a Washington State resident, seeking class-action status, was filed against London's...
Financial-Legal Jul 29, 2014 UPI
Harry Winston Store
NRF Creates Small Business Retail Council
The National Retail Federation (NRF) created a Small Business Retail Council to organize, recruit and engage Main Street merchants and independent community retailers in grassroots advocacy activities. It is intended that the new council represent...
Marketing Jul 29, 2014 Jeff Miller
wja
WJA Celebrates Awards Night in New York
Press Release: The Women's Jewelry Association (WJA) bestowed hall of fame honors and awards for excellence in 10 categories at the association's 2014 Awards for Excellence gala, held on Monday, July 28, 2014, at Pier 60 on the...
Marketing Jul 29, 2014 WJA
Mall
U.S. Consumer Confidence Index +13%
U.S. consumer confidence rose 13 percent year on year to 90.9 points (1985=100) in July, according to the Conference Board Consumer Confidence Index®. The Index was also up from 86.4 points in June. Compared with one year...
Retail Jul 29, 2014 Jeff Miller
omega
OMEGA Commercial Features Rory McIlroy
The OMEGA watch company produced a new television commercial with golfing brand ambassador Rory McIlroy, using the soundtrack "Hall of Fame" by Irish alternative rockers The Script. McIlroy said, “At the end of my career...
Watches Jul 29, 2014 Jeff Miller
Petra's Two Finsch Diamonds
Petra Shareholder Sells 43M Shares
Petra Diamonds reported that its second-largest shareholder, Awal Bank BSC, placed 43 million shares with financial institutions for about $139 million, representing a 12 percent discount from the July 28 closing price. Awal Bank,...
Financial-Legal Jul 29, 2014 Deena Taylor
tw steel
TW Steel Creates Mitchell Niemeyer Special Edition Timepiece
TW Steel collaborated with Dutch DJ sensation Mitchell Niemeyer to create the Mitchell Niemeyer Special Edition (TW313), oversized, canteen bracelet model watch. This timepiece displays an exclusive dial, which mirrors Niemeyer's favorite tattoo design,...
Watches Jul 29, 2014 Jeff Miller
Rough Diamonds
Diamond Mining Summit to Take Place in Kimberley, S. Africa
(RAPAPORT) DFA: The Kimberley Diamond Symposium and Trade Show will be held from September 10 to 13. A similar symposium was held in 2007. Robbie Cameron, spokesman for RCA Conference Organisers, who are hosting the...
Mining Jul 29, 2014 DFA
gjepc
GJEPC, DDC to Hold India Diamond Week in New York
Press Release: The Gem & Jewellery Export Promotion Council (GJEPC) and Diamond Dealers Club (DDC) of New York will present India Diamond Week at the DDC from August 11 to 14, 2014. Around 100...
Polished Markets Jul 29, 2014 GJEPC
Letseng Mine
Gem Diamonds 1H Letšeng Revenue +14%
Gem Diamonds reported that rough diamond sales from the Letšeng mine in Lesotho rose 14 percent year on year to $53.8 million in the first half of 2014. The average price of the goods rose 58 percent mainly...
Mining Jul 29, 2014 Deena Taylor
US Patent and Trademark Office logo
Stuller, Simon Golub & Sons and Toscow Receive Trademarks
The U.S. Patent & Trademark Office (USPTO) issued the trademark "Mystara Diamonds" to Stuller Inc. of Lafayette, Louisiana on July 22 with registration number 4573707. Stuller applied for the trademark on September 19, 2013 and...
Financial-Legal Jul 28, 2014 Jeff Miller
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