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Online Video Ads Surge 58% in May
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Digital metrics firm comScore Inc. reported that the number of U.S. Internet users who watched video content grew 1.1 percent year on year in May to 182 million, while the number of videos viewed grew...
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Research
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Jun 18, 2013
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Ricci Dipshan
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U.S. Marshals Service Holds Diamond, Jewelry Auction
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The U.S. Marshals Service will host a live and Internet simulcast auction Saturday June 8, at 10 a.m. PDT in Las Vegas and online at www.txauction.com. The auction will offer 300 lots of gold and silver bullion...
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Retail
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Jun 03, 2013
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Ricci Dipshan
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Tiffany to Open First Store in Russia in 2014
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Tiffany & Co. announced plans to open its first retail outlet in Russia — a two-level store in Moscow’s GUM department store, located in Red Square. The store will be approximately 4,520 square feet and is expected to open...
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Retail
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Jun 03, 2013
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Ricci Dipshan
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ZALES
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Headquarters 901 W. Walnut Hill LaneIrving, Texas 75038OfficersCEO: Theo KillionChief Administrative Officer: Matthew W. Appel Fiscal 2012 Sales: $1.87 billion Fiscal 2012 Loss: $27 millionAdvertising Spend While Zales did not highlight its marketing budget for its 2012 fiscal year, it was included in its...
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U.S. Wholesale
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Prices on the UptickThe spring wholesale market is usually marked by a slowdown in anticipation of the JCK Las Vegas show, and this spring was no exception. “Sales have been seasonally slow, which is typical just before the show, mainly because most of the customers wait to see new varieties...
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Polished Markets
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May 31, 2013
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Ricci Dipshan
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SIGNET JEWELERS
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U.S. Headquarters375 Ghent RoadAkron, Ohio 44333OfficersChief Executive Officer (CEO) and Director: Mike BarnesCEO of Signet’s U.S. division: Mark LightFiscal 2013 U.S. Sales: $3.27 billion Fiscal 2013 U.S. and U.K. Profit: $359.9 million Advertising Spend Advertising increased to $224.3 million in fiscal 2013 from...
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The Big Boys
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Signet Jewelers, Zales, Costco, Sam’s Club, Target and Wal-Mart are a huge force in the jewelry industry. This is not only because their stores are staples in most malls and towns across the U.S., but also because they attract a wide range of jewelry buyers. After...
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Retail
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May 31, 2013
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Ricci Dipshan
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Gitanjali Gems FY Sales +27%, Profit +21%
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Gitanjali Gems Ltd. reported that group sales rose 27 percent year on year to $2.9 billion (INR 164 billion) during its financial year that ended on March 31. Strong sales were noted for gold...
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Financial-Legal
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May 28, 2013
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Ricci Dipshan
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Court Dismisses Wynn Diamond Case
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The U.S District Court of the Central District of California granted a motion for summary judgment in the ''Wynn Diamond'' case to defendant Brett Stettner. The plaintiff, Diane Breitman, the owner of Queen of Diamonds of Los Angeles,...
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Financial-Legal
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May 24, 2013
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Ricci Dipshan
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U.S. Wholesale
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Surprisingly Strong SalesFears of an industry slowdown vanished in April as the market quickly regained momentum it had lost in March. The unexpectedly strong sales environment was especially welcome given the cyclical market slowdown that typically occurs in early spring. “Sales have been surprisingly strong considering the...
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Polished Markets
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Apr 30, 2013
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Ricci Dipshan
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DGSE Moves Headquarters in Dallas
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DGSE Companies Inc. announced the relocation and consolidation of its corporate operations, including multiple branch headquarters and personnel, into a single national headquarters in Dallas, Texas.The new headquarters for DGSE will be at 15850 Dallas...
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Financial-Legal
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Apr 17, 2013
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Ricci Dipshan
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U.S. Wholesale
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Hitting a Speed BumpSince the beginning of 2013, a sense of optimism has pervaded the wholesale market. “There is less fear of owning goods, and I think the public is asking for more goods — demand has been great from the start of the year. Overall, there is a lot more confidence...
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Polished Markets
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Apr 01, 2013
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Ricci Dipshan
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Int. Jewellery and Watch Show Opens in Abu Dhabi
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The 21st edition of the International Jewellery & Watch Show (JWS) was opened in Abu Dhabi at the Abu Dhabi National Exhibition Centre by Sheikh Mohamed Bin Hamdan Bin Zayed Al Nahyan. The event, which...
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Polished Markets
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Mar 14, 2013
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Ricci Dipshan
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U.S. Wholesale
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Strong Close, Robust Opening…For NowIn the weeks since the close of the year-end holiday season, sales in the wholesale market were holding strong. “Sales have been steady,” noted Nilesh Sheth, president of Nice Diamonds in New York City. “Our customers have placed decent-size orders...
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Polished Markets
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Feb 26, 2013
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Ricci Dipshan
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The Diamond Promise
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On some community outreach programs, Rio Tinto works in cooperation with such organizations as United Nations International Children’s Fund (UNICEF). Photo courtesy Rio Tinto Diamonds. In the push for sustainable and ethical development in the diamond and jewelry industry, an old adage is ringing true — “If you...
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Marketing
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Feb 26, 2013
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Ricci Dipshan
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Online Video Ads Surge 63% in January
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Digital metrics firm comScore Inc. reported that the number of U.S. Internet users who watched video content fell 0.5 percent year on year in January to 180 million, while the number of videos viewed fell...
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Research
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Feb 22, 2013
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Ricci Dipshan
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U.S. Wholesale
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Stable but CautiousComing out of the holiday season, diamond wholesalers were finally able to gauge how their end-of-the-year sales went. While the season started slow, many were happy with how it ended. “The sales were a little weak in the beginning but geared up at the end,”...
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Polished Markets
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Feb 01, 2013
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Ricci Dipshan
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De Beers Restates Goals
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Phillipe Mellier; Varda Shine; Stephen Lussier. Tonight — we are back,” declared Philippe Mellier, chief executive officer (CEO) of De Beers Group, at the Diamond Manufacturers and Importers Association of America (DMIA)–hosted “An Evening with De Beers Group” presentation. In his first major New York appearance since becoming...
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Manufacturing
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Feb 01, 2013
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Ricci Dipshan
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Online Video Ads Surge 59% in December
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Digital metrics firm comScore Inc. reported that the number of U.S. Internet users who watched video content online in December was steady at 182 million from one year ago; however, the number of videos...
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Research
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Jan 16, 2013
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Ricci Dipshan
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U.S. Wholesale
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Competitive Pricing Drives SalesCompetitive Pricing Drives Sales The holiday shopping season has further propelled the market out of its summer and fall slump and given wholesalers something to finally be happy about. “There definitely is a feeling that we ‘turned a corner’ because holiday sales are an improvement...
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Polished Markets
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Jan 01, 2013
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Ricci Dipshan
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