Author: Indonesia Jewelry

Private Equity Shop Deals Jewelry Deal
Houston Chronicle, TX

PEMBROKE PINES, Fla. — Jewelry retailer Claire’s Stores Inc. said Tuesday it had closed its deal to be purchased by private equity firm Apollo Management LP for about $3.1 billion.

Under terms of the buyout, Claire’s Stores shareholders will receive $33 in cash per share.
Claire’s common stock will stop trading on the New York Stock Exchange after Tuesday’s market close. Shares closed up 5 cents to $32.98. Read more about Private Equity Shop Deals Jewelry Deal …

Survey: Super Rich Consumers Will Splurge on Jewelry, Watches
Jewelers Circular Keystone Online, NY
— JCK-Jewelers Circular Keystone, 5/28/2007 1:56:00 PM

Ultra affluent consumers (with a net worth of at least $10 million) will have their eye on watches and jewelry this summer, according to a recent survey.

A total of 73 percent of respondents to the 2007 Elite Traveler/Prince & Associates Summer Spending Survey say they will spend an average of $94,000 on luxury watches or fine jewelry, an increase of nearly 50 percent over summer 2005. Read more about Survey: Super Rich Consumers Will Splurge on Jewelry, Watches …

Moirang jewelry theft case solved with arrest of six
The Imphal Free Press
KanglaOnline, India

IMPHAL, May 27: In connection with the theft of over Rs 8 lakhs worth of gold ornaments from a Moirang household last month, the Bishnupur police has managed to arrest six of the persons involved, including the main accused, and recovered a portion of the stolen items.

This was informed by the superintendent of police, Bishnupur, Jayanta while briefing mediapersons today. Read more about Moirang jewelry theft case solved with arrest of six …

Gallery 63 to sell stunning jewelry and important art
ClickPress (press release), UK

Gallery 63 is preparing for what promises to be its best sale yet for 2007, one featuring investment-grade jewelry and important works of art. About 300 lots will change hands on Saturday night, June 16, beginning at 6 p.m. The sale will be held at Gallery 63’s showroom facility, at 4577 Roswell Road in Atlanta, Ga.

[ClickPress, Fri May 25 2007] Gallery 63 is preparing for what promises to be its best sale yet for 2007, one featuring investment-grade jewelry and important works of art. About 300 lots will change hands on Saturday night, June 16, beginning at 6 p.m. The sale will be held at Gallery 63’s spacious 17,000-square-foot showroom facility, at 4577 Roswell Road. A preview will be held the week prior to sale. Read more about Gallery 63 to sell stunning jewelry and important art …

Architect Frank Gehry sued over namesake jewelry collection
AZ Central.com, AZ
Associated Press
May. 23, 2007 12:00 AM

LOS ANGELES – World-renowned architect Frank Gehry is being sued over a line of jewelry he designed for Tiffany & Co. that incorporates his trademark fish shapes and free-form aesthetics.

Circa Publishing Enterprises LLC of Culver City, Calif., contends that it had a deal with Gehry for the exclusive rights to produce, distribute and sell Gehry-trademarked jewelry and gift items. Read more about Architect Frank Gehry sued over namesake jewelry collection …

Frank Gehry sued in LA over jewelry collection
San Francisco Chronicle, CA

World-renowned architect Frank Gehry was sued by a company that claims he defrauded them in a deal for his new Tiffany jewelry collection.

Circa Publishing Enterprises LLC of Culver City contends that it had a deal with Gehry for the exclusive rights to produce, distribute and sell Gehry-trademarked jewelry and gift items. Read more about Frank Gehry sued in LA over jewelry collection …

Berkshire Hathaway Buys Out Jewelry Manufacturer
Diamond Vues, NY
I think Warren Buffet is addicted to jewelry!

Berkshire Hathaway Inc. acquired two gold jewelry manufacturers Ber-Oro International and Aurafin LLC to become the largest jewelry supplier in the United States.
The two new organizations will be combined to form the Richline Group which will continue to market the existing jewelry brands under their respective old names.
This will save costs by maintaining a single operational and administrative division, Berkshire Hathaway declared May 18, 2007. Read more about Berkshire Hathaway Buys Out Jewelry Manufacturer …

Guyot Brothers Expands Jewelry Making Glossary of Terms with over 100 New Terms and Photos
PR Web (press release), WA

Visitors to the Guyot Brothers Company, Inc. website will now find an expanded and improved Glossary of Jewelry Making Terms.

Attleboro, MA (PRWEB) May 20, 2007 — The Jewelry Findings Glossary of Terms, edited and republished with the permission of the Manufacturing Jewelers and Suppliers of America (MJSA), has 135 new item listings, definitions, and product profiles, making it easier than ever for those seeking detailed information on jewelry making and jewelry findings, to find what they are looking for. Read more about Guyot Brothers Expands Jewelry Making Glossary of Terms with over 100 New Terms and Photos …

Warren Buffet Expands His Jewelry Empire
Diamonds.net, NY
By Zach Helke Posted: 05/20/07 05:33 [Submit Comment]

RAPAPORT…Investment guru Warren Buffet’s Berkshire Hathaway Inc. has acquired two gold jewelry manufacturers Ber-Oro International and Aurafin LLC to become the largest jewelry supplier in the United States.

The two new organizations will be combined to form the Richline Group which will continue to market the existing jewelry brands under their respective old names. This will save costs by maintaining a single operational and administrative division, Berkshire Hathaway stated in a May 18, 2007 press release. Read more about Warren Buffet Expands His Jewelry Empire …

China: April Retail Sales +15%, Jewelry +31%
Diamonds.net, NY

RAPAPORT… China’s retail spending kept pace with the nation’s bullish stock market during April 2007, according to the National Bureau of Statistics. Sales posted strong growth in the automotive, furniture, and jewelry industries. Total retail sales rose 16 percent to $87 billion — the greatest growth rate in three years. Furniture sales rose 53.3 percent, car sales increased 38, percent and jewelry sales increased 30.8 percent for the month. Read more about China: April Retail Sales +15%, Jewelry +31% …