Author: Indonesia Jewelry

Belk completes fine-jewelry acquisition
The Business Journal of the Greater Triad Area

Belk Inc. has completed its purchase of the assets of Migerobe Inc., a Mississippi company that leases and operates fine-jewelry departments in 35 Belk stores.

Effective Monday, Belk will own and begin operating these departments through a newly established fine jewelry division at Belk’s Charlotte headquarters.

Financial terms weren’t disclosed. Read more about Belk completes fine-jewelry acquisition …

Bride Donates Jewelry to Lebanese Victims Arab News/Arab News, Saudi Arabia JIZAN, 31 July 2006 — Having watched graphic images of innocent Lebanese civilians ruthlessly bombed by Israeli F-16 jets, a bride in Jizan declared on her wedding day that she felt bad wearing jewelry while her Muslim brothers and sisters in Lebanon were suffering, […]

On lookout for missing jewelry
Boston Globe, United States

By Steve Heyman, Globe Correspondent | July 30, 2006
Plainville police are urging residents to check for missing valuables after a local woman was convicted of stealing at least $50,000 worth of jewelry from homes in the town and nearby communities.

Millene Wilmarth, 30, admitted to lifting jewelry from at least four homes in Plainville and Foxborough, and possibly one in North Attleborough, to support a drug habit, police said. Read more about On lookout for missing jewelry …

AGTA Pres. Robbed of Jewelry Worth Millions
Diamonds.net, NY

The American Gem Trade Association (AGTA) revealed details of the million dollar robbery which resulted in the sudden three month leave of absence of AGTA president, Richard Krementz, beginning July 17.

Richard Krementz, of Richard Krementz Gemstone, was robbed of over one million dollars worth of fine jewelry on June 26 in Amarillo, Texas.

In a statement issued on July 28 by the AGTA, Krementz said he expects to return to his position as president of the AGTA in October, following a reorganization of Richard Kremetz Gemstone, established in 1866. “This robbery does not impact our financial strength,” said Krementz. “It did however cause us to strategically review our business and address some of our challenges long-term.”

Krementz added that the company will be dropping its bridal business by the end of 2006, in order to focus on color, which is the core of the company’s business Read more about AGTA Pres. Robbed of Jewelry Worth Millions …

Pocono Life:Jewelry crafting craze gives moms, students, retirees a creative outlet Pocono Life Writer/July 30, 2006 Dorothy Quartararo of Albrightsville took two classes and was hooked. Tara Hyland of Effort took one. Same thing. Women stringing beads and crystals into jewelry are part of a sparkling trend. “It’s a craze,” said Wendi Sathmary, owner of […]

Holey Beads! The art of beading just keeps getting bigger
The Register-Guard, Oregon

By one definition, a bead is anything with a hole in it, which goes a little way toward explaining the broad appeal of beading, a hobby/craft/art form – whatever you want to call it – that remains popular tens of thousands of years after nomadic hunter-gatherers first took a break from killing stuff so they could adorn themselves with perforated seashells. Read more about Holey Beads! The art of beading just keeps getting bigger …

Chaplin’s jewelry store owner arrested, money laundering alleged
Atlanta Business Chronicle, GA

A metro man was indicted late July 26 for allegedly taking part in a money laundering scheme that funneled illegal drug profits through his jewelry stores at Atlantic Station and at Merchandise Mart/America’s Mart in downtown Atlanta.

Toros Seher, 38, of Alpharetta, Ga., was indicted by a federal grand jury and search warrants were served at four locations in Atlanta and Alpharetta.
The jewelry stores, “Chaplin’s” and “Chaplin’s Midtown,” were also indicted. Seher was arrested without incident and is expected to have his initial appearance before a federal magistrate on Thursday. Read more about Chaplin's jewelry store owner arrested, money laundering alleged …

Israel: First Half Silver Jewelry Exports Grow, Gold Jewelry Shrinks
IDEX Online, Israel
(July 26, ’06, 7:43 Edahn Golan)

Jewelry exports from Israel grew very moderately during the first half of the year after falling in 2005. Jewelry exports during the period totaled $165.9 million, an increase of two percent over 2005.

Silver jewelry exports leaped 58 percent to $13.3 million from $8.4 million during the first half of 2005. In 2004 exports stood at $5.7 million. Fashion jewelry also saw continued growth, totaling $19.3 million during the period, up 35 percent from $14.4 million in 2005 and $10.6 million in the first six months of 2004. Read more about Israel: First Half Silver Jewelry Exports Grow, Gold Jewelry Shrinks …

Snakes On A Motherfucking Pricey Piece Of Jewelry
Defamer.com, CA

When we tossed off an end-of-day link to this $350 Snakes on a Plane-inspired necklace–designed, incidentally, by a real, live, and credited Snakes on a Plane cast member!–we thought: OK, a bit overpriced, but cute enough.

It was soon pointed out to us that we somehow missed the $3,900.00 version (pictured) also on offer at the website, a luxury bauble priced out of the range of pretty much everyone but the foul-mouthed guy who’s actually flinging interloping reptiles around the economy class cabin. Diamond-encrusted snakes on an eighteen-carat-gold plane makes us so very, very tired. Read more about Snakes On A Motherfucking Pricey Piece Of Jewelry …

THE TICKER:Jewelry retailer’s interim CEO gets job
Chicago Tribune, United States
Associated Press
Published July 25, 2006

IRVING, Texas — Zale Corp. on Monday named Betsy Burton president and chief executive, nearly six months after she took the post on an interim basis.

Burton, 54, succeeded Mary Forte, whose resignation in January sparked a series of front-office troubles for Zale.

Zale has struggled in recent years with frequent turnover in the CEO’s chair, merchandising mistakes and tougher competition from J.C. Penney Co. and Wal-Mart Stores Inc. Read more about THE TICKER:Jewelry retailer's interim CEO gets job …