Bulgari Cuts Profit, Sales Outlook on Slumping Demand (Update1)

By Sara Gay Forden

Nov. 13 (Bloomberg) — Bulgari SpA, the world’s third- largest jeweler, scrapped its forecast for increased profit this year as the financial crisis prompted the world’s wealthy to halt purchases of Diagono watches and Elisia necklaces.

Third-quarter net income dropped 44 percent to 23 million euros ($29 million) from 41 million euros a year earlier, the Rome-based company said in a statement today after stock trading ended. That missed the 37.5 million-euro median estimate of eight analysts compiled by Bloomberg. Revenue was little changed at 256.2 million euros, also missing the 270.3 million- euro median estimate. Read more about Bulgari Cuts Profit, Sales Outlook on Slumping Demand (Update1)

FremantleMedia Enterprises Partners with The Colibri Group for "American Idol"-Themed Jewelry and Accessories

Pact To Develop Product Line That Includes Wristwatches, Necklaces, Bracelets, Earrings and Cell Phone Charms

LOS ANGELES, Nov 13, 2008 (BUSINESS WIRE) — FremantleMedia Enterprises (FME), the brand extension arm of FremantleMedia has forged an exclusive partnership with The Colibri Group to develop and produce a line of “American Idol”-branded men’s and women’s wristwatches, jewelry, accessories and clocks, it was jointly announced today by Nora Wong, Senior Manager, Consumer Products for FME, and John Gugliada, Executive Vice President, Sales for The Colibri Group. Centered around the “American Idol” logo and other graphical elements derived from the hit television series, the full range product lines will be developed and marketed in karat gold, sterling silver and base metals across several categories, and are set to hit the market in January in conjunction with the premiere of the show’s 8th season. Read more about FremantleMedia Enterprises Partners with The Colibri Group for "American Idol"-Themed Jewelry and Accessories

The Jewelry Exchange Opens New Diamond Store in St. Louis


TUSTIN, CA, Nov 12, 2008 (MARKET WIRE via COMTEX) — The Jewelry Exchange announces the grand opening of its newest diamond and jewelry store in Overland, Missouri, in the St. Louis metropolitan area.
Opening on November 17th, it is the 17th store in the nationwide chain owned and operated by Goldenwest Diamond Corporation, and their second store to be opened in the Midwest as part of their national expansion program. Read more about The Jewelry Exchange Opens New Diamond Store in St. Louis

Jewelry and Fashion Collide With Success at BellaTrue.com

NASHVILLE, Tenn., Nov 11, 2008 /PRNewswire via COMTEX/ — Cyberspace recently enjoyed a boost in glamour from the eagerly anticipated launch of BellaTrue.com — a high-end “etail” website that features heirloom-quality jewelry at affordable prices. Guests who visit BellaTrue.com are treated to an exciting shopping experience, which includes an array of breathtaking jewelry options and product videos that give the viewer an opportunity to see how each piece looks when worn. BellaTrue.com also features a unique rewards program that gives a percentage of jewelry purchases back in the form of “Bella Bucks” for members to redeem on future jewelry purchases — much to its customers’ delight. Read more about Jewelry and Fashion Collide With Success at BellaTrue.com

Ten Fine Jewelry Up and Running With Hand Crafted One Of A Kind Design

Ten Fine Jewelry also exclusively offers Matthew Hoffmann Jewelry Design. Jason and Kris worked with Matthew for over a decade and his influence has inspired them to open their own store.

(live-PR.com) – Ann Arbor, MI, November 10, 2008 — The new Ten Fine Jewelry Store is up and running in Ann Arbor Michigan and controlling manager Kris Keller could not be more pleased with the progress they are making since moving into the new location.

Kris commented, “The store is up and running and in full swing since opening in July 2008
and we know that we can offer unique and one of kind hand crafted jewelry.” Kris Keller and the Head Designer/Jeweler Jason Bourland, create magnificent contemporary mini sculptures for someone who is willing to take a different approach on buying jewelry. The process of manufacturing a custom piece of fine jewelry takes approximately only 3-4 weeks from start to finish. You can view some examples of Ten Fine Jewelry online at www.tenfinejewelry.com Read more about Ten Fine Jewelry Up and Running With Hand Crafted One Of A Kind Design

Relios Jewelry to open at ABQ Uptown

Relios a 33-year-old southwestern jewelry company that has gained recognition on the TV shopping network QVC, will be opening its first retail store at ABQ Uptown on Nov. 14. The store is owned by Relios’ husband-wife team Carolyn and Bill Pollack.

“This is the perfect time for Relios to be expanding its reach into the local retail arena,” says Carolyn Pollack, the firm’s designer. Read more about Relios Jewelry to open at ABQ Uptown

Slowdown dulls jewelry's luster

Even the ultra-rich are delaying purchases as holidays approach

This holiday season, women may be more likely to wind up with a partridge in a pear tree than five gold rings.

As the luxury jewelry market loses its luster, jewelers are looking toward the crucial holiday season with trepidation.

Demand for jewelry has waned as consumers put their income toward the high cost of food and fuel. A wobbly labor market and tighter credit also have Americans wondering how they’re going to finance expensive gift purchases. Read more about Slowdown dulls jewelry's luster

Personalized-Jewelry.com – New Custom Jewelry Items

Custom Jewelry website offers consumers the ability to make one-of-a-kind personalized jewelry.

Chicago, IL (PRWEB) November 6, 2008 — Personalized-Jewelry.com launches a new custom jewelry website where consumers will have the ability to create one-of-kind personalized jewelry items. Personalizing each jewelry piece with your loved one’s name or special date is our specialty.

Not only will consumers find beautiful pieces of gold, silver and diamond jewelry, but they will now have the ability to personalize each piece making them extra special and heart felt. Personalized-Jewelry.com will offer the consumer the ease of shopping from home and being able to create beautiful memorable pieces of unique jewelry for their loved one’s. Read more about Personalized-Jewelry.com – New Custom Jewelry Items

Jewelry Making & Design For Adults

Ofra Levin, founder of Ofra Jewels, studied jewelry design at The Fashion Institute of Technology and worked in the Diamond District in NYC. She will instruct you on making your own earrings with semi-precious stones. With the holidays right around the corner, what a thoughtful and personal gift idea!. This class will be held at The Garden City Public Library on Tuesday, December 2nd at 7:00 PM and is for adult Garden City residents only. Read more about Jewelry Making & Design For Adults

Sales of high-end jewelry lose their luster

As the luxury jewelry market loses its luster, jewelers are looking toward the crucial holiday season — a time for gifts as well as a popular time to get engaged — with trepidation.

Analysts say everyone appears to be cutting back — not just the aspirational customers, who dabble here and there in high-end brands. Even the affluent, who used to drop hundreds or even thousands of dollars in a single shopping spree, are becoming more frugal. Read more about Sales of high-end jewelry lose their luster