fortunoffjewelry.com is one of the more than 75 domain names that is on offer in the formal auction of the Fortunoff intellectual property and intangible assets portfolio that is scheduled to be held on Thursday, June 18, 2009. Fortunoff’s intellectual asset portfolio for sale includes certain trademarks, domain names, and customer databases, and exclusive jewelry [...]
India Launches Diamond Jewelry Promotion
India’s Gem & Jewellery Export Promotion Council (GJEPC) has come together with retailers, manufacturers and miners with a lone mission to promote the diamond jewelry trade in India. The desire is to gain and expand the access in the domestic market to increase the diamond jewelry sales in India to perk up the profit margins [...]
Fred Meyer Jewelers Makes Committment To Responsible Business Practices
Advancing its commitment to fostering trust and confidence with their customers, last month Fred Meyer Jewelers joined the international trade organization, the Responsible Jewelry Council (RJC). Building a responsible supply chain from mine to retail, the RJC includes more than 100 members, representing all sectors of the diamond and gold supply chain, trade associations and [...]
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 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, [...]
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 [...]