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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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Online Video Viewing Drops for Second Month
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Digital marketing firm comScore Inc. reported that the number of U.S. Internet users who watched video content in November dropped 0.5 percent year on year to 182 million and the number of videos viewed fell...
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Research
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Dec 19, 2012
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Ricci Dipshan
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U.S. Wholesale
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Going into the holiday season, wholesalers are taking solace in the fact that the longer-than-expected summer doldrums are finally over. “Sales have improved since the summer months. October and November were much stronger than what we encountered during the July to September period,”...
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Polished Markets
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Dec 01, 2012
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Ricci Dipshan
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Can The KP Be Saved?
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Gillian Milovanovic Welile Nhlapo Farai Maguwu Outgoing Kimberley Process (KP) Chair Gillian Milovanovic closed one controversial chapter in her year-long reign by praising Zimbabwe’s “good faith effort” at the organization’s recent plenary session and announcing that the country was no longer under special monitoring...
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Fair Trade
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Dec 01, 2012
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Ricci Dipshan
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Fair Trade
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Nov 30, 2012
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Ricci Dipshan
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Kroger's 3Q Profit +62%
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The Kroger Co., which owns 344 fine jewelry stores as well as supermarkets, fuel centers and convenience stores around the U.S., reported a 5.9 percent year-on-year increase in sales to $21.8 billion for the third...
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Financial-Legal
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Nov 29, 2012
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Ricci Dipshan
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Marketing
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Nov 16, 2012
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Ricci Dipshan
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Gem-A Diploma Achieves Degree Level Status
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The Gemmological Association of Great Britain’s (Gem-A) Gemmology Diploma was re-accredited by Ofqual and updated to Level 6 qualification, making it one of the few gemology qualifications equivalent to an undergraduate or bachelor degree in the U.K. Ofqual also increased...
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Financial-Legal
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Nov 09, 2012
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Ricci Dipshan
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U.S. Wholesale Market Report
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With the end-of-the-year holiday sales just around the corner, the wholesale market has not yet settled into a single, consistent pattern. Many wholesalers report they are still experiencing wildly different sales environments. “Sales have been sluggish,” noted Jay Moskovitz, vice president...
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Polished Markets
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Nov 01, 2012
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Ricci Dipshan
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