House of Taylor secures loan after 2005 losses

House of Taylor secures loan after 2005 losses
National Jeweler, NY

MAY 09, 2006 – Los Angeles — House of Taylor Jewelry, which suffered losses for its fiscal year 2005, has secured $10 million in financing from investors to buy inventory and to use for marketing and working capital, the company announced Monday.

House of Taylor Jewelry saw sales of $5.61 million and a net loss of $3.5 million for the year ended Dec. 31, 2005.
It attributes the loss to numerous factors, including a restructuring, a focus on designing and sourcing new products; developing sales and marketing strategies; reducing inventory of discontinued product; and increased research, development and marketing, according to a May 1 press release from the company. Read more about House of Taylor secures loan after 2005 losses

Jewelry store expands, thrives

Jewelry store expands, thrives
Longtime business moving to bigger facility
The Desert Sun, CA

Nearly 60 years after it was established in Indio and relocated to Palm Springs and then Palm Desert, Leeds & Son Jewelers is preparing to move again into larger quarters on El Paseo in the fall.
It will be the final move and expansion for the family-owned business, said president and CEO Terry Weiner.

“It goes back to about three years ago when we realized we’d need much more space,” he said.
The current 4,000-square-foot space is no longer big enough for the store’s employees, including the three watchmakers, three jewelers, five-member accounting and advertising team, and the sales staff, he said. Read more about Jewelry store expands, thrives

S150-M Marcos jewelry collections posibleng’di na isubasta ng PCGG

S150-M Marcos jewelry collections posibleng’di na isubasta ng PCGG
by : Ryan Ponce Pacpaco/Journal Online, Philippines

POSIBLENG hindi na isubasta ng Presidential Commission on Good Government (PCGG) ang Marcos jewelry collections na tinatayang nagkakaha-laga ng $10 milyon hang-gang $150 milyon upang lalong makuha ang loob ni dating Unang Ginang Imelda Marcos na puma-sok sa ‘compromise agree-ment’ at tapusin ang halos dalawang dekadang li-tigasyon.
Sa kanyang pagtungo sa Sandiganbayan kamaka-ilan, sinabi ni PCGG Commissioner Ricardo Abcede na ginagawa nila ang lahat para tapusin na ang matagal na legal na bakbakan sa pamilya Marcos na ginastusan na rin ng malaking halaga ng salapi.

Sinimulan na noong na-karaang taon ng Sotheby’s and Christie’s ang “ap-praisal” sa “Marcos je-welry” sa kabila ng isinu-miteng petisyon ni Gng. Marcos sa Manila Regio-nal Trial Court para pigi-lan ang planong pagbe-benta ng mga alahas na nasa vaults ng Central Bank. Read more about S150-M Marcos jewelry collections posibleng’di na isubasta ng PCGG

Jewelry drawer opens up memories

Jewelry drawer opens up memories
Danbury News Times, CT

Bobbie Siegle
Last fall I was seized by a sudden fit of downsizing. During the course of this, I tackled the drawers in my elegant Service Merchandise jewelry chest.
It was quite a chore, as it turned out, and I spent the better part of a day going through 40-odd years of stuff and putting things in neat little plastic bags to donate to a nearby church bazaar.

Ah, the memories!
First I discarded all the broken stuff, like the lavender, pink and blue beads that had been just smashing with that purple wool dress I bought in 1959.
Then went the many mismatched earrings. There’s always a hope the missing one will turn up. But I had been waiting 14 years to discover the mate to that red origami bird hoop, among dozens of others, and it was time to give it up. Read more about Jewelry drawer opens up memories

From jewelry to funnel cake, fest offers fun

From jewelry to funnel cake, fest offers fun
By BROOKE J. SHERMAN
Star-Gazette

ATHENS – Despite the clouds and wayward raindrops, hundreds filed through the annual Athens ArtsFest on Saturday, taking in the sights, sounds and smells.
Vendor Joe Kane sat under his tent in the field outside Rowe Junior High School, covered from head to toe in a warm sleeping bag, with only his Panama hat and sunglasses peering from the covers.

“We’re cold, but we’re here,” he said with a laugh. “It’s so cold, people don’t even want to stop and look.”
But some people did stop and carried their purchases about with joy, like Rose Mint of Waverly. Read more about From jewelry to funnel cake, fest offers fun

U.S. Retail Diamond Jewelry Market Grows For 10th Consecutive Year

U.S. Retail Diamond Jewelry Market Grows For 10th Consecutive Year
IDEX Online, Israel
(May 4, ’06, 11:11 IDEX Online Staff Reporter)

The Diamond Information Center at JWT reports that retail sales of diamond jewelry in the U.S. increased by 7 percent in 2005. Total U.S. retail sales for the diamond jewelry category, which represents over 50 percent of sales worldwide, totaled $33.7 billion in 2005 – a $2.2 billion increase over 2004 sales of $31.5 billion. The total number of transactions grew by 3 percent over 2004 and average ticket price showed a 4 percent growth.

“Following a year of tremendous growth, we must continue to challenge ourselves to expand the diamond jewelry market, not only by creating new designs, but also by discovering new integrated ways of reaching our consumer,” said Richard Lennox, director-in-charge of the Diamond Marketing and Advertising Group at JWT. “We are lucky to work with a product that holds such a deep emotional meaning for consumers; however, we must not take this for granted. As a collective industry, we must protect these emotions if we hope to continue to move the market in 2006 and beyond.” Read more about U.S. Retail Diamond Jewelry Market Grows For 10th Consecutive Year

Appraiser to evaluate jewelry, accessories

Appraiser to evaluate jewelry, accessories
Concord Journal, MA

Have you always wondered what your grandmother’s jeweled brooch or your mother’s Judith Leiber purse or that mesh clutch you picked up at a yard sale for $1 is really worth? At 7 p.m. Thursday, May 18, come to the Concord Museum for What is it Worth?, a jewelry and purse appraisal evening, and learn more about your treasure from the expert.

Gloria Lieberman, director of Skinner’s Fine Jewelry Department, is one of the nation’s experts on antique jewelry and an auctioneer and appraiser at Skinner. She lectures extensively both locally and nationally including the Boston Center for Adult Education, the Cambridge Center for Adult Education, Harvard University’s Extension Program, Brandeis University and the Society for the Preservation of New England Antiquities. She is also a teacher and lecturer at Rhode Island School of Design’s (RISD) Decorative Arts program. Her television appearances include BBC’s “The Great Antiques Hunt,” the PBS series “Antiques Roadshow,” and the Boston-based series “Chronicle. Read more about Appraiser to evaluate jewelry, accessories

Lee residents pawning jewelry for gas money

Lee residents pawning jewelry for gas money
The News-Press

Southwest Florida pawn shops have become stop-offs for some residents looking for a few extra bucks to fill their gas tanks.

With most unleaded regular fuel prices hovering around $3 a gallon, pawn shops are being hit up for cash to offset the high costs. Pawn shops are one of the few places where people can get money as fast as gas prices are rising.

“The last person in here pawned some jewelry to fill the gas tank,” said Robert Nykiel, owner of Bob’s Best Jewelry & Pawn, 1341 Del Prado Blvd. in Cape Coral, who reported steady business Wednesday. “They say ‘I need gas money until payday.’” Read more about Lee residents pawning jewelry for gas money

Bonnin Designs Launches 'Spicy' Collection of Flamenco-Inspired Summer Jewelry

Bonnin Designs Launches ‘Spicy’ Collection of Flamenco-Inspired Summer Jewelry
[Press Release] PR Web

As temperatures begin to rise, Bonnin Designs celebrates the onset of summer with the launch of three playful, flamenco-inspired jewelry collections.

Orange, CA (PRWEB) May 3, 2006 — The “lazy days” of summer beckon, and “in the know” trend setters will be looking their best on those long hot summer nights with some brand new, exquisitely hand-crafted jewelry from one of three new summer collections from Bonnin Designs (www.bonnindesigns.com). Read more about Bonnin Designs Launches 'Spicy' Collection of Flamenco-Inspired Summer Jewelry

Son identifies jewelry on found body as his mother's

Son identifies jewelry on found body as his mother’s
WCAX 3

FORT EDWARD, N.Y. Police say the jewelry on human remains found in a field Saturday have been identified by a local man as his mother’s.

Police say they think the partially clothed remains found by a farmer are those of 69-year-old Eleanore Kelly of Glens Falls, who disappeared last summer. Kelly suffered from mild Alzheimer’s Disease.
Investigators say they would use dental records Tuesday to try to confirm it.
Kelly’s son, Michael Kelly, said he recognized the glasses, wristwatch and necklace found on the body. Read more about Son identifies jewelry on found body as his mother's