Top Stories
October Highlights |
04.11.07
ABN Amro Bank
The RBS-led consortium declares its $99.3 billion euro bid for ABN Amro Bank. Although it is not yet clear what will happen to the bank's International Diamond & Jewelry unit. A spokesperson at the Bank says it will be looked at as part of the transition plan. >>> |
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'Jacob the Jeweler' pleads guilty, could face prison
National Jeweler November 01, 2007
 Jacob Arabov, known among his celebrity clients as "Jacob the Jeweler," pleaded guilty in federal court on Wednesday to falsification of records and making a false statement to a federal agent in connection with a federal money-laundering investigation in Detroit that involved a drug ring. Under the plea agreement, Arabov could face 37 to 46 months in prison and up to $2 million in fines, but federal prosecutors in Detroit dropped all money-laundering charges against the jeweler, according to a statement from his New York attorney, Benjamin Brafman, of Brafman and Associates. >>> |
Holiday spending down, gifts up
National Jeweler November 01, 2007
Although shaky economic conditions are causing many consumers to reduce their overall holiday spending this year, shoppers say they expect to buy a greater number of gifts than they did last year, according to a new survey commissioned by Deloitte and Touche. >>> |
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MARKET UNCERTAINTY
Gold powers through $800 - hang on for a bumpy upwards ride
Lawrence Williams Sunday , 04 Nov 2007
Gold moved through $800 on Friday with hardly a pause for breath, which keeps it on track for $900 plus by the end of theyear.
fter a short hiatus period in the $780s and low $790s, the gold price powered upwards through the psychological resistance level of $800 on Friday without drawing breath, closing the day at around $806-$807. Wall Street stuttered on Thursday and made a small recovery on Friday, as there are still serious overhanging concerns about the subprime mortgage fallout which is continuing to create unease in the financial sector - and many observers also feel there is still a 50:50 chance of the US economy going into reverse next year. >>> |
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Perfect Online Tool for jewelers
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Know - How
Zultanite: A Turkish Delight
Created by ICA Gem Bureau Idar-Oberstein
 Relatively new to the jewelry world, Zultanite is one gemstone whose amazing natural color changing abilities makes it well suited to savvy jewelry connoisseurs. As you watch its colors change from kiwi to champagne to raspberry, you too will be entranced by Zultanite's 100% natural beauty. >>> |
Street of gleams
No stone is left unturned in New York's Diamond District
By Si Liberman Sunday, November 4, 2007
Most diamonds that enter the United States will find a home -- however briefly -- on a short strip of W. 47th Street
This is where the jewels are acquired, brokered, exchanged, cut and sold.
Although professionals do the bulk of the trading in the row of shops between 5th and 6th avenues, savvy visitors can save 50 percent, maybe more, on diamonds and other jewelry purchases in New York's Diamond District. >>> |
Marketing
Is Diamond Retailer Blue Nile Having Problems?
...and Diamond "Drop-Shipping", Limited Diamond Information, Higher Prices.
While it is true that Blue Nile (BN) has become the #1 Diamonds and Jewelery Internet website and has become a premier website for the sales of diamond engagement rings and jewelry, the fact is they are not as "untouchable" as they used to be. >>> |
Art &Tech
Color is Key for Retro Glamour Looks at Primetime Emmys
59th Annual Emmy Awards 2007
By Deborah Yonick
 Color, and a certain understated retro glamour, dominated the red carpet at the Primetime Emmy Awards Sept. 16 providing another opportunity for celebrities to parade their fashion credentials. The favored shape was body skimming, like Grey's Anatomy star Katherine Heigl's mermaid-hem gown by Zac Posen, with strapless exulting celebrated backs. Two key trends made a comeback on the red carpet-old Hollywood-style bright red lips and big, dangling gem-studded earrings. >>> |
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