Category: Jewelry World

TAIWAN: Newspaper says sorry to Chao over jewelry story
Asia Pacific Media Network, CA

United Daily News published an apology to Chao Chien-ming for failing to verify the facts before accusing him of selling his jewelry

Taipei Times
Monday, August 21, 2006

By Ko Shu-ling

The Chinese-language United Daily News yesterday ran an apology for alleging that President Chen Shui-bian’s son-in-law, Chao Chien-ming had been selling his jewelry.

“We would like to apologize to Mr. Chao Chien-ming, Mr. Su Teh-jien and our readers for failing to verify the facts before running the story,” the statement said, which was printed on the paper’s front page yesterday at about the size of two stamps. Read more about TAIWAN: Newspaper says sorry to Chao over jewelry story …

Jewelry store employee shot during a robbery in D.C.
JCK, PA

JCK-Jewelers Circular Keystone — 8/21/2006 12:56:00 PM
A jewelry store worker was shot and critically wounded Sunday afternoon in Washington, D.C. during a brazen midday robbery, The Washington Post reports.

The man, whose name was not released, was shot in the back and taken to Georgetown University Hospital, where he underwent surgery, the newspaper reports. A police spokesman said Sunday evening that he was in critical but stable condition. Read more about Jewelry store employee shot during a robbery in D.C. …

House of Taylor Jewelry Reports Operational Milestones, 2006 Second-Quarter, Six Month Financial Results
MSN Money

– Develops marketing infrastructure
– Establishes national sales force
– Launches national product rollout
– Q2 sales rise 207% over prior year

WEST HOLLYWOOD, Calif., Aug. 21 /PRNewswire-FirstCall/ — House of Taylor Jewelry, Inc. HOTJ, an international jewelry company whose principal shareholders include entities owned by Dame Elizabeth Taylor and Kathy Ireland, today reported its operational progress and financial results for the second quarter and six months ended June 30, 2006. Read more about House of Taylor Jewelry Reports Operational Milestones, 2006 Second-Quarter, Six Month Financial Results …

Jewelry retailer Claire posted profit
Moldova.org

Claire’s Stores Inc., a jewelry and accessories retailer, posted a 1 percent increase in quarterly profit as cost controls and modest sales growth at North American stores more than offset weak European demand. For the current period, the company forecast earnings below Wall Street’s expectations, saying sales growth had moderated after several years of expansion and that it would remain conservative until those trends reversed. Read more about Jewelry retailer Claire posted profit …

Survey: Jewelry, watches top gift for grads
National Jeweler, NY

AUGUST 15, 2006 – Paso Robles, Calif. — After money, jewelry was the most popular graduation gift category this year, according to a new survey by the Jewelry Consumer Opinion Council.

The JCOC August Weekly Omnibus Study finds that more than one-third of respondents know someone graduating this year, and, of those, 60 percent planned to purchase a gift. Read more about Survey: Jewelry, watches top gift for grads …

DTC launches diamond jewelry concept
JCK, PA

The Diamond Trading Company, the sales and marketing arm of the De Beers Group, launched, Kya, the name given to a new concept for a collection of diamond jewelry which the DTC says captures the independent spirit of South African women.

“Our task was to create a South African diamond brand that would give a compelling reason to buy diamonds and create huge desire and preference for diamond jewelry amongst the domestic consumer target segment,” said Thoko Modisakeng, DTC marketing manager. Read more about DTC launches diamond jewelry concept …

India : National Museum to exhibit Nizam’s jewelry August 14, 2006/Fibre2fashion.com, India Jewelry collection of the Nizam of Hyderabad will be displayed in National Museum and leading diamond jewelry retailer Jacob Diamond will also be the part of it.This exhibition will start in first week of November, informed National Museum Director General A K V […]

Safe containing 60 million yen, jewelry stolen from house of construction firm boss
Mainichi Daily News, Japan

EBINA, Kanagawa — A safe that contained 60 million yen in cash and about 20 pieces of jewelry was stolen from the home of a man who operates a construction business here, police said.
The safe was kept in a closet on the second floor of his home in Ebina. There were traces that the safe had been dragged from the closet on the second floor to the entrance on the ground floor. Read more about Safe containing 60 million yen, jewelry stolen from house of construction firm boss …

Jewelry demand helping gold price
CNN International
Consumption on rise in developing countries
By Bina Brown
For CNN

Monday, August 14, 2006 Posted: 0424 GMT (1224 HKT)
(CNN) — Along with higher inflation and global instability, one important driver of the gold price this year is expected to be the increasing demand for jewelry in developing countries.

Gold has already had a sensational run, with a 45 percent rise in gold prices in the last 12 months. Read more about Jewelry demand helping gold price …

Seized jewelry from drug arrest being sold on Internet auction
August 10, 2006/Boston Globe, United States

BANGOR, Maine –Hundreds of thousands of dollars worth of jewelry, coins and other valuables are being sold in an online auction after being seized from a jewelry store owner who was convicted of drug dealing.

The auction began a week ago and continues through Sunday on the Web site of Lone Star Auctioneers.The sale is part of a plea agreement in which Robert Brewer III forfeited the property from his Bangor jewelry store, the Diamond Connection. Read more about Seized jewelry from drug arrest being sold on Internet auction …