Category: Jewelry World

Bulgari’s 3Q Jewelry Sales +10%, Profits +29% to $43.7M
Diamonds.net, NY
By Jeanette Goldman Posted: 11/15/2006

RAPAPORT… Sales at luxury jeweler and watch company Bulgari rose 9.6 percent to $306.5 million (EUR 239.0 million) during its third quarter of fiscal 2006.The company’s operating profit increased 32.8 percent to $54.3 million (EUR 42.3 million.) Bulgari’s net profit for the third quarter climbed 29.4 percent from third quarter 2005 to $43.7 million (EUR 34.1 million.)

Bulgari’s jewelry continued to grow during the three-month period with a 9.7 percent increase, and the group’s watch sales registered a 14 percent growth rate. The company’s year-to-date jewelry sales increased 10.2 percent while watch sales rose 17.3 percent. Perfumes grew sales by 19.3 percent and accessories sales dropped by 16.4 percent. Read more about Bulgari's 3Q Jewelry Sales +10%, Profits +29% to $43.7M …

Harvard E-Commerce Guru to Address Fine Jewelry Summit
IDEX Online, Israel
(November 14, ’06, 10:26 Joseph V. Kuca)

VNU Expositions announced that the business author and e-commerce expert Jeffrey Rayport will speak at the second annual Fine Jewelry CEO Summit, taking place February 20 – 22, 2007 in Atlanta, Georgia.

As a faculty member at Harvard Business School, Jeffrey Rayport developed and taught the first e-commerce course in the United States. During his decade-long tenure at HBS, he focused his research on new information technologies and their impacts on companies’ service and marketing strategies. Rayport is founder and chairman of Marketspace, a business that specializes in the development of breakthrough service strategies for network-based businesses, particularly in consumer marketing and media. Read more about Harvard E-Commerce Guru to Address Fine Jewelry Summit …

Art, jewelry and more at holiday craft market – PAUL L. ALLEN, Tucson Citizen Tucson Citizen, AZ More than 120 Southwestern artists will take part in the Tucson Museum of Art’s 25th annual Holiday Craft Market from Friday through Sunday at 140 N. Main Ave.The event, scheduled 10 a.m. to 5 p.m. daily, will feature […]

Rapper Scarface facing jewelry lawsuit
United Press International

NEW YORK, Nov. 12 (UPI) — Houston rapper Scarface is facing a lawsuit from famed celebrity jeweler Jacob Arabo over items the musician bought from him years ago.

Arabo, who is known by his famous customers as Jacob the Jeweler, filed suit against Scarface alleging the rapper never paid him for some jewelry back in 2002, The New York Post said. Read more about Rapper Scarface facing jewelry lawsuit …

Tara and Sons appoints new jewelry designer
National Jeweler, NY

NOVEMBER 09, 2006 – New York — Jennifer Jiunta has joined Tara and Sons as the new head jewelry designer of the company’s signature TARA collection.

Jiunta brings almost 20 years of experience in the estate, fine-jewelry and accessories industries. Her designs will launch Tara and Sons’ spring-summer collections in April. Read more about Tara and Sons appoints new jewelry designer …

Finlay to Buy Fla. Luxury Jewelry Chain
Houston Chronicle, United State

NEW YORK — Jewelry retailer Finlay Enterprises Inc. said Wednesday it will purchase Congress Jewelers, a privately-owned regional chain of five jewelry stores located in Florida, with annual sales of about $23 million.

Financial terms weren’t disclosed. The stock purchase agreement is subject to various closing conditions and obtaining certain consents. Read more about Finlay to Buy Fla. Luxury Jewelry Chain …

IDEX Online Research: America’s Best Jewelry Market Niches
IDEX Online, Israel
(November 7, ’06, 7:04 Ken Gassman)

Jewelry merchants need to identify market niches for advertising and marketing purposes. Aside from direct one-to-one marketing (direct mail, for example), it is difficult to identify and reach the “best” jewelry customer with mass media; the distinctions are too subtle and nuanced.

If jewelers can identify a large market niche which can be reached by one or more media – radio or television, for example – it is possible that they would be better off accepting a smaller average ticket (lower per-household jewelry expenditure), but generate greater aggregate revenues by reaching many more consumers Read more about IDEX Online Research: America’s Best Jewelry Market Niches …

Imelda Marcos to launch her own jewelry collection (10:30 p.m.)
Sun.Star, Philippines

MANILA — Former first lady Imelda Marcos, notorious for an extensive shoe collection and eye-popping jewels accrued under her husband’s dictatorship, is launching a jewelry collection she “recycled” using castoffs from her old wardrobe.

Marcos, known for her shopping trips to ritzy shops in New York while the country wallowed in poverty, made the one-of-a-kind pieces from her old accessories and clothes, mixed with newly bought stones and other materials. Read more about Imelda Marcos to launch her own jewelry collection (10:30 p.m.) …

Denison jewelry store allows customers to buy, create own pieces of beaded jewelry
Sherman Denison Herald Democrat, TX

There is now a place in Denison to shop for jewelry where a customer is not limited to what is only seen on display. If the piece of jewelry is not there or the item is only in the buyer’s head, Wild Lotus Beads will help the buyer create that piece of jewelry. Wild Lotus Beads, at 613 West Main St., in Denison, is not a new store, but it is new to this area. Owner Alison Jones has been in business for five years. Read more about Denison jewelry store allows customers to buy, create own pieces of beaded jewelry …

Baseball players honored at halftime with jewelry from championship run
Corvallis Gazette Times, OR
By Cliff Kirkpatrick
Corvallis Gazette-Times

CORVALLIS — Five months after winning the College World Series, the national championship bling arrived.

The Oregon State baseball team received the rings that go with being the best in the spring of 2006. The players and coaches were presented with them Saturday afternoon at halftime of the homecoming football game in Reser Stadium Read more about Baseball players honored at halftime with jewelry from championship run …