Author: Indonesia Jewelry

USA : India based jewelry maker buys out Samuels Jewelers
December 21, 2006
Fibre2fashion.com, India

Gitanjali Gems Ltd announced that it has acquired a majority ownership interest in Samuels Jewelers Inc from funds managed by DDJ Capital Management (DDJ). Terms of the transaction have not been disclosed.

Samuels operates 97 retail jewelry stores in 18 states throughout the United States. The company will remain headquartered in Austin, Texas.

Gitanjali CFO, G.K. Nair, stated, “This acquisition is consistent with Gitanjali’s objective to conform to a vertically integrated model, one that benefits from all the efficiencies that are realized through control of the entire supply chain, inclusive of retail. To that end, Samuels is an ideal match to complement Gitanjali’s strengths in manufacturing diamonds and jewelry products.”, Read more about USA : India based jewelry maker buys out Samuels Jewelers …

GLOBAL JEWELRY INDUSTRY HAS POTENTIAL TO GROW TO US$280 BILLION BY 2015
Tacy, Israel

Global jewelry sales will grow at 4.6 percent year-on-year to touch US$185 billion in 2015 and US$230 billion in 2015, says a report released by the Gem & Jewellery Export Promotion Council (GJEPC) and professional services firm KPMG. However, finds “The Global Gems and Jewellery: Vision 2015: Transforming for Growth” report, the industry has the potential to grow beyond US$230 billion. The study estimates the range of impact to be around US$50 billion, taking the industry size to US$280 billion by 2015. In such a situation, the industry would be growing at a Compounded Annual Growth Rate (CAGR) of 6.7 percent, an increment of 2.1 percent over the realistic case. Read more about GLOBAL JEWELRY INDUSTRY HAS POTENTIAL TO GROW TO US$280 BILLION BY 2015 …

Jewelry Gift Etiquette
Jewelry Weblog, CA

Jewelry is one of the top gift categories during this holiday season. I pretty much expect of find at least one small box under my tree or in my stocking, even though my husband constantly jokes about how I couldn’t possible need any jewelry since I already have so much.

But when is it not okay and is it ever not okay to give jewelry as a gift?

According to this article, “Monday Manners: Giving the Gift of Giving,” it may not always be the right gift depending on the situation: Read more about Jewelry Gift Etiquette …

Luxury jewelry turns to creative marketing techniques
BY ELAINE WALKER
ewalker@MiamiHerald.com
Allison Weiss Brady has the type of friends that luxury jewelers want to meet.
Miami Herald, FL

The Miami Beach philanthropist and socialite agreed to play hostess during Art Basel for a party at Samuel Getz Private Jewelers designed as a fundraiser for Russell Simmons’ Rush Philanthropic Arts Foundation. But for Samuel Getz, it was also an introduction to potential clients.

The largely female crowd of about 75 people sipped Chardonnay and munched on crab cakes and baked brie from The Palm restaurant. At the same time they got to touch and play with jewelry by Getz and the Italian jeweler Vhernier. Read more about Luxury jewelry turns to creative marketing techniques …

International Jewelry Designer Kerstin Belz Launches New ‘Liquid’ Line
Newswire Today (press release), UK

Internationally renowned jewelry designer Kerstin Belz has launched her new line “Liquid” by Gabrielxxo, the new e-commerce company (Gabrielxxo.com) she’s formed to combine jewelry, art and fashion. “I’ve always wanted to start a company which celebrates the influence of art, fashion and jewelry on our culture,” Belz stated. “My inspiration for the line originated with the force and cleansing nature of water, one of the five Chinese elements, and my time spent on some of the world’s most beautiful beaches. I came up with designs that tangibly reflect those experiences,” she concluded. Read more about International Jewelry Designer Kerstin Belz Launches New 'Liquid' Line …

Lead and Children’s Jewelry
Jewelry Weblog, CA

We seem to read almost daily about dangerous amounts of lead being discovered in children’s jewelry. My best advice it just don’t buy that crap you see in the gum ball machine or dollar store – period. You just really never know what it is made out of.

If you want your children to wear jewelry, get them a few good piece and allow them to wear it when you are around Read more about Lead and Children's Jewelry …

CPSC Votes to Ban Lead In Kids’ Jewelry
WCCO, MN

(WCCO) The Consumer Product Safety Commission has begun the process of banning lead in kids jewelry. This is the latest development to a story the I-TEAM first broke in May 2004.

The Consumer Product Safety Commission has only banned a handful of items in its history — lawn darts, dive sticks, lead in candlewicks, lead in paint. Read more about CPSC Votes to Ban Lead In Kids' Jewelry …

Rosy Blue, the world’s largest diamond manufacturer launches branded jewelry in the GCC region
AME Info (press release), United Arab Emirates

Extending its expertise and know-how of the 4 C’s – cut, clarity, colour, and carat weight, Rosy Blue, one of the world’s largest diamond manufacturer has now ventured into the branded diamond jewelry market segment and has rolled out an array of eye-catching collection for the GCC region.

Headquartered in Antwerp, Belgium, Rosy Blue has been a leading supplier of polished diamonds to jewelry manufacturers since 1960. Read more about Rosy Blue, the world's largest diamond manufacturer launches branded jewelry in the GCC region …

Hong Kong Jewelry Exports +14% to $3B
Diamonds.net, NY

RAPAPORT… Hong Kong’s jewelry exports increased 14 percent to $2.98 billion during the first ten months of 2006, according to the Hong Kong Jewelry Manufacturers’ Association (HKJMA), reported Xinhua News on December 8.
Speaking at the “2006 World’s Jewelry Design Masters, Strategists & Leaders Forum,” HKJMA chairman Edward Cheung noted that in the near future Hong Kong will continue to be the world’s fourth largest exporter of precious jewelry. Read more about Hong Kong Jewelry Exports +14% to $3B …

Getting the Lead Out of Toy Jewelry
Washington Post, United States

The Consumer Product Safety Commission yesterday took the first step toward effectively banning lead in toy jewelry.

The agency’s staff recommended the commission prohibit children’s metal jewelry with lead content exceeding .06 percent. The Commission is scheduled to vote next Monday on whether to move forward with putting the ban in place. If they do go ahead, there’s still a public comment period and more votes and comment periods before it becomes official Read more about Getting the Lead Out of Toy Jewelry …