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Category: Jewelry
Tiffany Launches Grossularite Bead Necklace
Tiffany is introducing a necklace of twenty-four smoooth grossularite beads. Grossulatrite is a green garnet. The beads are are accented with a shell of hand-carved chrysoprase, platinum-set diamonds and pink sapphires. A sea creature with diamond tentacles holds the claps of the necklace. The grossularite bead necklace retails for $35,000.
Posted on July 3, 2009
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Kevin Jonas Chose Engagement Ring From Jacob & Co
Kevin Jonas, the oldest member of The Jonas Brothers, recently to his girlfriend Danielle Deleasa, 21, who he has been dating for two years. Kevin Jonas turned to Jacob & Co. for the engagement ring. He worked closely with the jeweler to create the ring. The future Mrs. Jonas' Jacob & Co. ring is crafted in platinum and features a solitaire cushion-cut diamond, with a total weight of 3 carats. Surrounding the center stone are 210 round brilliant-cut pave diamonds totaling .72 carats.
Posted on July 2, 2009
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Jeweler Scatters Mystery Silver Boxes in Birmingham, Alabama
CBS42.com reports that Levy's Fine Jewelry - a jeweler in Birmingham, Alabama - has scattered silver boxes with blue bows through the metro area. The articles says whoever is lucky enough to find one of the boxes gets to keep the jewelry contained inside. Levy's distributed the mystery gifts as a way to say thank you to customers and the city of Birmingham.
Levy's Fine Jewelry is scattering mysterious silver boxes with blue bows throughout the metro area, and whoever finds one, get to keep the jewelry inside. After nearly nine decades in business, Levy's says the promotion is a way to say thank you and give back to Birmingham.
"Levy’s has been in business for 87 years, and we just want to say thank you to the customers and the people who have helped to keep us in business. Without them, there's no us," says Brandi Belcher with the store.
The jewelry inside the boxes is said to be worth anywhere from $20 and $1,000.
(via JCK Online)
Posted on July 1, 2009
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Swarovski Opens Crystallized Store on New York's Broadway
Swarovski has opened a new Swarovski Crystallized concept store at 499 Broadway in SoHo, New York. The 5000 square feet store contains a chandelier "Cascade" designed by Vincent van Duysen, which illuminates the open staircase between the floors. There is a retail-lounge-bar located on the ground floor. A basement level provides insights into the history of Swarovski and hosts designer exhibitions. The Moment reports that Chloe Sevigny, Blake Lively, Evan Rachel Wood and Lucy Liu were some of the celebrity guests attending the store opening.
Photo: Swarovski
Posted on July 1, 2009
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Tiffany Opens New Concept Store in Seattle
The Pugent Sound Business Journal reports that Tiffany is opening a ministore in Seattle. The store is smaller and less formal than typical Tiffany's stores. Jewelry is displayed in the open instead of being locked in cabinets. Jewelry stylists help customers try on different necklaces, rings and other Tiffany jewelry pieces.
The U Village store is the second of a new type of Tiffany store that’s smaller and less formal. Jewelry will not be locked away in cases but displayed out in the open so customers can freely try on different necklaces, bracelets, brooches and rings with the help of a jewelry stylist. The stylists will guide customers in mixing and matching contemporary jewelry designs to create their own looks. For example, a customer may want to layer three or four necklaces in silver and gold to wear with a special bracelet or pin.
The jewelry will be "very tuned into the current trends in fashion that you see on runways or in Hollywood," said spokeswoman Terri Tiffany. Designers include Paloma Picasso, Elsa Peretti, Jean Schlumberger and Frank Gehry, among others.
Tiffany spokeswoman Terri Tiffany says sales are strong at Tiffany's first ministore opened last October in Glendale, California. National Jeweler has an article about Tiffany's smaller store format here. The article says Tiffany plans to open three to five of these new smaller stores annually.
Posted on July 1, 2009
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David Webb Files For Bankruptcy Protection
JCK reports that jeweler David Webb has filed for chapter 11 bankruptcy protection.
The "Silberstein Family Partnership" is listed as the company's sole owner.
Assets are listed as $10.3 million, and liabilites as $6.9 million.
Top creditors include Frank Mastoloni and Sons ($333,000), Dov Schwarrz ($165,000), J Birnbach ($30,000) and PH Gems ($19,000).
David Webb cited "very poor economic conditions in the United States" and weak sales. Just yesterday, Henry Dunay Designs filed bankruptcy. High-end retailers have been reducing inventory, which can have a major impact on the jewelers and fashion labels.
Posted on June 24, 2009
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French Police Make Arrests in Harry Winston Jewel Heist Case
French police have arrested 32 suspects in the infamous Harry Winston diamond heist caper.
The robbery took place in December, when four thieves —three of whom were dressed in wigs and dresses — raided the Harry Winston store on Avenue Montaigne off the Champs-Elysees, near the presidential palace. In one of France's largest jewelry thefts, they ran away with gems worth 85 million euros, or $107 million.
A police spokesman said Tuesday that some of the people arrested Monday had since been released, but he declined to provide the precise number of arrests, since the investigation is continuing.
Investigators were tipped off that a number of foreigners had arrived in Paris to purchase jewelry from the December robbery.
However, they have ruled out the involvement of the Pink Panthers, a network of thieves operating out of the Balkans who have been involved in some other high-profile jewelry thefts in Europe.
The police have no arrests in last month's heist, in which one robber stole $9.2 million worth of jewelry from the Chopard boutique on Place Vendome in Paris.
Posted on June 24, 2009
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Jil Sander Enters the Jewelry Business
Jil Sander is entering the jewelry business after its first capsule collection was well-recived. The design firm has inked a deal with Italian jewelry manufacturer Damiani to produce a line of jewelry and watches.
The jewelry collection will be launched in the fall, while watches will hit retail in early 2010. The collections will be sold at Jil Sander boutiques, and select department and jewelry stores, as well as the Rocca Stores that are owned by Damiani. The company declined to provide a first-year sales projection.
"After the great response on our first collection of earrings for this summer, I am convinced that Jil Sander, even being considered as a brand of pureness, can create a product category such as jewelry," said Jil Sander creative director Raf Simons. "I feel no limitations in this new direction for the brand as long as we can create items in the very specific Jil Sander style: sophisticated, luxurious and ultramodern."
Damiani also manufactures jewelry for St. John, Caldroni and Bliss.
Posted on June 24, 2009
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Henry Dunay Designs Files For Bankruptcy Protection
National Jeweler reports that jewelry designer Henry Dunay Designs has filed for Chapter 11 bankruptcy protection.
In a voluntary petition form filed at the U.S. Bankruptcy Court of the Southern District of New York in Manhattan, the corporation estimated that it has between 100 and 199 creditors. Its assets total between $1 million and $10 million, and its liabilities total between $1 million and $10 million.
The paperwork was signed by the company's attorney and by its president, Henry Dunay, on June 18.
Reuters reports that Henry Dunay's customers include Tom Cruise, Leonardo DiCaprio, Elizabeth Taylor, Hillary Clinton, Nancy Reagan and Oprah Winfrey. Henry Dunay's jewelry is also sold at high-end retailers including Neiman Marcus and Bergdorf Goodman. You can see some Henry Dunay pieces here on Bergdorf Goodman's website.
(via Luxist)
Photo: Sabi Diamond Ring by Henry Dunay
Posted on June 23, 2009
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Christie Brinkley Launches Jewelry Collection With Ross-Simons
Celebrity model and designer Christie Brinkley has launched a new line of jewelry called CeleBrate this month in a collaboration with Ross-Simons. The jewelry can be purchased at christiebrinkleyjewelry.com as well as Ross-Simons stores and select Ross-Simons' catalogs.
The 100-piece collection includes includes everything from feminine floral motifs, to bold, southwestern-style turquoise, to gold peace signs shining with diamonds. Christie Brinkley's initials are delicately incorporated into select pieces.
"I'm excited to bring my ideas and personality to the line," Brinkley stated. "My collection is bright and happy - a celebration of creativity and life. It's important to take the time to celebrate life’s little moments."
Posted on June 22, 2009
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Virtually Try on Jewelry With Holition's Technology
The Finacial Times reports that company named Holition has come up with an augmented-reality technology that lets you virtually try on products. For example, you could try on different pieces of jewelry from a collection. The technology makes it appear as if you are wearing the jewelry.
It is an augmented-reality technology. We have appropriated it in terms of scale and managing of the body so that you appear to be wearing it. Onscreen the technology merges the 3D jewellery into a real-time video of the person so that the jewellery can be viewed from all angles as the user moves their hand," says Lynne Murray, Holition's head of design. "All the end user has to do is to wear a symbol on their finger or their hand and stand in front of a web cam."
Holition is so realistic that “it is like trying on items as though looking in a mirror”.
What is more, it is easy to instal and free to the user, while offering new ways of engaging with the brand. It can create a more discreet way of shopping as many wealthy clients may not want to be seen carrying big designer bags around; it can even be a great introduction to a jewellery brand for someone who feels intimidated by going into a boutique or it can help solidify relationships with clients.
This kind of technology has the potential to significantly change the way people shop. You can see the technology in action here in a video on Holliton's website.
(via Luxist)
Posted on June 16, 2009
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Lindsay Lohan and the Case of the Missing Dior Jewels
Scotland Yard is investigation $400,000 worth of Dior jewelry that is missing from an Elle UK magazine shoot. People reports that Lindsay Lohan is one of the several people being questioned about the missing jewelry.
"We inquired and everyone from the shoot is being questioned," Lohan's rep tells PEOPLE. "Hair, make up, stylist ... even photographers. Lindsay hopes they find the jewels. She is happy to cooperate."
A police spokeswoman tells PEOPLE, "Westminster Police are investigating an allegation of theft of jewelry from studios in Brewery Road in Islington. The theft was reported to a central London police station on the eighth of June after earrings and a necklace, believed to be diamond and estimated to be worth $400,000, were found to be missing approximately two days earlier."
An Elle spokesperson gave the following statement:
"I can confirm on behalf of Elle magazine, that items of jewelry went missing from an Elle photoshoot ... and the matter is now being investigated by the police. Elle has no reason to believe that Lindsay Lohan was in any way responsible and has no further comment to make."
There were earlier reports that Lindsay Lohan had been asking about the jewelry at the photo shoot. She was wanting to know whether she could keep the jewelry. Clearly, the answer was no she can not keep them.
Posted on June 16, 2009
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Blue Diamond Sells For $3.6 Million at Christie's Auction
A 6.29-carat fancy blue diamond sold for $3.6 million at a Christie's jewelry auction. National Jeweler reports that the jewelry auction went well and sold 91% by lot.
Overall, in what might be another sign that the economy is continuing its slow recovery, Christie's "New York Jewels" auction sold 91 percent by lot and 86 percent by volume.
Head of jewelry Rahul Kadakia said a total of $11.3 million changed hands at Christie's on Thursday, "in a room buzzing with excitement."
"Following our sales in Hong Kong and London, the auction in New York reaffirmed the strength of the jewelry market. We are delighted to end Christie's Spring Jewelry season with dominant market share of 65 percent in New York and 60 percent worldwide," he said.
Last month, a 7.03-ct. fancy vivid blue diamond sold for $9.5 million. Other reports on Christie's jewelry auction can be found here, here and here.
Posted on June 13, 2009
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Charlize Theron Covers Madame Figaro
Charlize Theron sizzles in the latest issue of Madame Figaro, a French fashion magazine. In the photo below, Charlize Theron is wearing a cuff and bangles designed by Elsa Peretti on her right arm and bracelets from Fred on her left arm. You can see the Elsa Peretti bone cuff here on Tiffany's website. You can see more photos from the Charlize Theron feature here.
Posted on June 13, 2009
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Tiffany's CEO: No Haggling Allowed
Reuters reports that Tiffany & Co is finding more people trying to bargain for lower prices at its stores. They won't be getting a discount. Tiffany & Co CEO Michael Kowalski says, "the price is the price is the price."
"Everyone feels compelled to ask the question for fear of feeling foolish after the fact," Tiffany Chief Executive Michael Kowalski said at the Reuters Global Luxury Summit in New York.
"And yes, the questions are being asked more often and the answer is the same -- the price is the price is the price."
Though Tiffany has suffered in the recession -- sales fell 22 percent in the past quarter -- it has vowed to hold the line on prices. Many investors and analysts argue that discounting would tarnish the Tiffany brand in the long run.
"The final price of a Tiffany piece of jewelry shouldn't be a function of how good a negotiator you are," Kowalski said. "I think that's a terrible disservice to the vast majority of folks who don't want to negotiate."
It's unclear how effective haggling is at upscale stores. There has not been a lot of reporting about it. It clearly won't work at Tiffany's jewelry stores. Haggling is also becoming more and more unlikely to work at other luxury retailers as many stores have been reducing inventory and are becoming less desperate to move merchandise.
Posted on June 11, 2009
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