Raid Nets Over 26,000 Pieces of Counterfeit Tiffany Jewelry

  Acting on complaints by Tiffany & Co., the Luohu Branch of Shenzhen Bureau of Quality and Technical Supervision, working in conjunction with Chang Tsi & Partners, took action on June 16 against an establishment responsible for production and distribution of counterfeit Tiffany & Co jewelry. Officials seized over 26,000 items of counterfeit Tiffany & [...]



Zale Names Richard A. Lennox as Its New Chief Marketing Officer

Richard A. Lennox has been named Executive Vice President, Chief Marketing Officer of the Company of fine jewelry retailer Zale Corporation, effective August 17, 2009. Mr. Lennox will report to Neal Goldberg, Chief Executive Officer. “Richard’s in-depth knowledge of the diamond industry and his broad experience in marketing and business development make him a great [...]



Peter Burrowes Launches New Website

Peter Burrowes, which has a shop in London, has launched a new website where it offers a range of branded watches and jewellery online. “We are delighted to launch our new website and look forward to offering our excellent range of branded watches and jewellery online! We have been working hard on developing our new [...]



Christie Brinkley Launches “CeleBrate” Jewelry Collection

Celebrity model and designer Christie Brinkley, has launched a new line of jewelry called CeleBrate. Collaborating with the respected multi-channel retailer Ross-Simons, The Christie Brinkley Jewelry Collection made its debut in over 5 million catalogs, fourteen retail stores, and online at www.christiebrinkleyjewelry.com on June 19, 2009. As a talented artist and trendsetter, Brinkley hoped to produce [...]



The Stuckey Company Launches New E-Commerce Site for Bride’s Pendant Diamond Necklace Collection

The Stuckey Company has launched a major e-commerce site for The Bride’s Pendant, the exclusive collection of diamond necklaces previously only available through independent retail jewelers. All Bride’s Pendant Diamond Necklaces feature two solitaire diamonds in an interlocking double ring design. Some, such as the ‘Unity’ collection also feature smaller diamonds in the design. “When [...]



Flawless Diamond Receives Two Orders for $3 Million

Flawless Diamond India Ltd, which says its diamond and designer jewelry export business has started to pick up again, has received 2 large orders worth $3 million in total. One order is from Madrid Impex FZE of Dubai, while the other is from Malay Impex of Hong Kong.



Bulgari Launches €130 Million Equity-Linked Bonds

Bulgari SpA intends to make an offering of €130 million principal amount of Equity-Linked Bonds due 2014 in order to diversify its sources of funding and lengthen its debt maturity profile. The proceeds of the Offering will be used for general corporate purposes. The aggregate principal amount of the issue is expected to be €130 [...]



Tiffany Adds Three New Keys to Selection

Since its introduction earlier this year, the Tiffany Keys collection has been enthusiastically embraced by fashionable women and celebrities worldwide. Now, the jeweler of legendary style since 1837 adds three new Keys to the selection, inspired by Art Deco jewelry in the Tiffany archives. Echoing the period’s chic sophistication and Tiffany’s great design heritage, the [...]



Tiffany Sales Down

Tiffany & Co. reported lower sales, operating margin and net earnings for its first quarter ended April 30, 2009. These financial results were consistent with management’s expectations for the quarter and the Company reaffirmed its outlook for the full year. Net sales in the first quarter declined 22% to $523.1 million. On a constant-exchange-rate basis, [...]



Zale Names Matthew W. Appel as Its New CFO

Fine jewelry retailer Zale Corporation has named Matthew W. Appel as Executive Vice President of the company, effective May 27, 2009. Mr. Appel will become Chief Financial Officer on June 15, 2009, after the company files its Form 10-Q. In his role as Zale’s new CFO, he will report to Neal Goldberg, Chief Executive Officer. [...]



Zale’s Comparable Store Sales Down 20% in Q3

Fine jewelry retailer Zale Corporation announced a net loss from continuing operations of $23.2 million, or $0.73 per share, compared to a loss of $17.4 million, or $0.42 per share, for the third quarter ended April 30, 2009 and 2008, respectively. As compared with the prior year, earnings per share were negatively impacted by $0.17 [...]



Rio Tinto Diamonds Launches Champagne Diamond Design Competition

Rio Tinto Diamonds has launched an exciting new jewelry design contest aimed at demonstrating the beauty of champagne diamonds from which Rio Tinto’s Argyle Diamond Mine is a leading supplier. The Champagne Diamond Design Competition aims to attract talented new jewelry designers who will be inspired to showcase the full color range of champagne diamonds [...]

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