Zale Corporation (NYSE: ZLC) today announced that it has hired Peter J. Solomon Company, a leading independent investment banking advisory firm to the retail industry, to advise the Company in identifying and analyzing alternatives to maximize its financial flexibility. Zale Corporation is a leading specialty retailer of diamonds and other jewelry products in North America, [...]
Joan Collins (Alexis From Dynasty) In Ad Campaign for Alexis Bittar Jewelry
Actress Joan Collins, well-known for her role as Alexis Carrington in Dynasty in the 1980s, is presenting an ad campaign for the Alexis Bittar jewelry line. “I’m thrilled to have her represent the line because she deserves credit (and hasn’t received it) for much of the 80′s fashion that is mimicked today. When I think [...]
LVMH Confirms the Soundness of Its Strategy in 2009; De Beers Solitaire Diamonds Provide Benefits
LVMH Mo?t Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of 17.1 billion Euros in 2009. In a difficult economic environment, the Group continued its strong growth in Asia and showed good resilience in Europe. Louis Vuitton recorded double-digit revenue growth for the year. In the Watches & Jewelry business group, an [...]
Red Carpet Diamond Jewelry Recreated
As the 2010 awards season begins to sparkle, Icecool.co.uk recreates red carpet diamond jewels worn by the stars with a new range of diamond jewellery in scintillating designs. Roll out the Red Carpet: its that time of year. The annual Awards season, launched with the Golden Globes, clearly heralded a mood of strong but restrained [...]
Fitch Sees Glimmers of Hope in India Gems & Jewellery Outlook for 2010
Fitch Ratings’2010 outlook for India’s gems & jewellery sector is negative to stable, with a slow improvement in liquidity and credit profiles for many issuers. This is primarily a reflection of slow recovery in domestic and international demand, and relatively low currency volatility leading to better realisation by the industry operators. India-focused players like BC [...]
DGSE Companies Executes Definitive Agreements to Acquire All Equity Interests, and to Eliminate All Debt, Held by Stanford International Bank
DGSE Companies, Inc., which wholesales, retails and auctions jewelry, diamonds, fine watches, and precious metal bullion and rare coin products to domestic and international customers through its Dallas Gold and Silver Exchange, Charleston Gold and Diamond Exchange, Superior Galleries operations as well as through the internet has executed definitive agreements with the Receiver of Stanford [...]
JCPenney Introduces ‘One Kiss by Cindy Crawford’ Exclusive Brand in Fine Jewelry
J. C. Penney Company, Inc. (NYSE: JCP) has announced the launch of One Kiss by Cindy Crawford, a new fine jewelry brand by renowned model and style expert Cindy Crawford. Launching exclusively in JCPenney stores and online at jcp.com in April 2010, the brand will offer JCPenney customers a stylish, high-quality fine jewelry collection featuring [...]
New Report Covers Global Market of Jewelry and Watches Trade
The Jewelry & Watches: Global Industry Guide, an essential resource for top-level data and analysis covering the Jewelry & Watches industry, is now offered by Research and Markets. It includes detailed data on market size and segmentation, textual analysis of the key trends and competitive landscape, and profiles of the leading companies. This incisive report [...]
James Avery Opens New Location at Gateway Plaza in San Antonio Area of Texas
James Avery, a family-owned jewelry retailer, is to open their newest store in Live Oak, Texas, in the San Antonio area. The new store, located in the Gateway Plaza shopping center, features an extensive selection of typically hand-crafted designs offered in numerous metals, sizes and gemstones. “We are excited to bring a new James Avery [...]
Lazare Kaplan International Inc. Announces Plan of Compliance Extension to May 31, 2010 and Receipt of Deficiency Letter
Lazare Kaplan International Inc. says that, pursuant to a Letter dated January 25, 2010 it received from NYSE Regulation on behalf of NYSE AMEX LLC, an extension has been granted until May 31, 2010 to regain compliance with the Exchange’s continued listing standards. Lazare Kaplan will be subject to periodic review during the Extension Period. [...]
Less is More for U.S. Couples When Buying Valentine’s Day Gifts
People are planning to shop for deals when buying for loved ones this Valentine’s Day. According to PayPal’s fourth annual “Can’t Buy Me Love” survey, nearly half of shoppers plan to spend less than $50 this Valentine’s Day, compared to 2008, when 75 percent of shoppers planned to spend more than $50 on gifts. Saving [...]
Bonatla Acquires Stake in SPV formed for Developing the Kimberley Diamond and Jewellry Hub in South Africa
A sale of shares agreement has been signed between Bonatla Property Holdings Limited and Ten West Investments Proprietary Limited (Ten West), in terms of which Bonatla will acquire from Ten West its 75.1% stake in the special purposes vehicle (SPV) formed between Ten West and the Northern Cape Department of Economic Affairs (NCDEA) for the [...]