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60 Minutes II tackles synthetics.(Up Front)
July 1, 2004... Synthetic diamonds scored their biggest public relations coup yet in May with a story on CBS TV's 60 Minutes II.
Considering that 60 Minutes has done several negative reports on the diamond industry--one scathingly so--some felt relieved...
Jeweler fatally shot on N.Y. street.(Up Front)
July 1, 2004... A jeweler who a police official said had been indicted in an international money-laundering case was shot in the back of the head and killed as he walked along a crowded midtown Manhattan street near the diamond district.
The man was...
AGS to honor Runci, Holmes, and the Udells.(Up Front)(American Gem Society)(Brief Article)
July 1, 2004... The American Gem Society will host its fifth annual Circle of Distinction Dinner on July 27 at the Rainbow Room in New York City. The event will honor individuals who have demonstrated impeccable service and made a lasting contribution to the...
WGC appoints new managing director for U.S.(Up Front)(World Gold Council)(Brief Article)
July 1, 2004... The World Gold Council has appointed John Calnon as managing director, United States. He succeeds Michael C. Barlerin, who has retired from his position of managing director, Americas.
As part of the changes in the New York office, Rick...
MJSA publishes new safety manual.(Up Front)
July 1, 2004... Manufacturing Jewelers & Suppliers of America has released a new publication as part of its "Safe & Secure" outreach program. Safety Solutions, the organization's latest training manual, is set to become the industry standard for safety...
Stock Exchange delists Friedman's.(Up Front)
July 1, 2004... The New York Stock Exchange has delisted Friedman's Inc.'s class A common stock. The Savannah-based specialty retailer, which is under federal investigation for alleged fraud, said it is evaluating an appeal of the decision.
The company...
Global demand for platinum for jewelry fell in 2003.(Up Front)
July 1, 2004... Platinum supply and demand are expected to be more or less in balance in 2004, ending a run of five successive years of supply deficit, according to Johnson Matthey's Platinum 2004, released May 17.
In 2003 the platinum market was 280,000...
The appeal of 'real watches'.(Correction Notice)
July 1, 2004... Correction: In "The Appeal of 'Real Watches,'" in the June 2004 issue (p. 150), the caption accompanying the watch shown here was incorrect. The correction caption is:
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India: formula for success.(Correction Notice)
July 1, 2004... Correction: JCK incorrectly attributed the photo below to InterJewels in the "India: Formula for Success" promotional supplement in the June 2004 issue. The photo shows Kiran Exports' facility. Our apologies to both InterJewels and Kiran...
Phenomenal!(Counterpoint)(Jewelers Circular Keystone (magazine))
July 1, 2004... The first JCK Show ~ Las Vegas occurred during a recession. The announcement by JCK magazine that it would sponsor a trade show for the jewelry industry in early June 1992 was a radical departure from tradition. Many industry insiders predicted...
SSEF introduces LIBS to gem industry labs.(Gem Notes)
July 1, 2004... As mentioned last month, Dr. Henry Hanni of the Swiss Gemmological Institute (SSEF) is now offering inexpensive identification of beryllium-diffused corundum. This breakthrough was the result of Hanni's adapting a qualitative laser spectrometer...
Museum of Natural History to feature Native American Jewelry.(Gem Notes)
July 1, 2004... On Oct. 30, the American Museum of Natural History in New York City will open "Totems to Turquoise: Native North American Jewelry Arts of the Northwest and Southwest." The exhibit will include some 500 pieces of historic and contemporary...
Color communication by computer set for beta testing.(Gem Notes)
July 1, 2004... Don't get your hopes up too high (remember the ColorMaster and GemSet?), but Gem e-Wizard Inc., a developer of gemstone color software, is working with the Gemological Institute of America (GIA) on adapting a custom color communication module...
A reminder: get ready for AGTA's 2004 Spectrum Awards.(Gem Notes)
July 1, 2004... Attention, designers and lapidary artists! The American Gem Trade Association has officially launched its search for the most inspiring, innovative, and creative designs. This October, AGTA will host the 21st annual Spectrum Awards competition,...
AGTA features Birthstone Collection CD.(Gem Notes)
July 1, 2004... The American Gem Trade Association is offering industry professionals an affordable resource to enhance their marketing and promotional campaigns. The AGTA birthstone collection offers 20 royalty-free photographic images, including garnet,...
GIA L.A. leaves downtown and expands.(Gem Notes)
July 1, 2004... Students in the greater Los Angeles area no longer have to travel to down-town L.A. or down the coast to Carlsbad (a 90-minute drive from L.A.), now that the Gemological Institute of America's Los Angeles branch for gemology and jewelry design...
On the Appraisal side: ISA's Lamp of Knowledge Award.(Gem Notes)
July 1, 2004... The International Society of Appraisers (ISA) recently presented Patricia Thompson of Tupelo, Miss., with the 2004 Lamp of Knowledge Award. This annual award honors a singular outstanding education work product pertaining to the appraisal...
Chess, anyone?(Gem Notes)
July 1, 2004... Designed by 24-year-old Luis Alberto Quispe of Lima, Peru, this serious set for a chess master is made from 88,256 cts. of ruby and 250 grams of 18k yellow gold. Each frog chessman is carved from ruby, with camelian eyes, and mounted onto...
Gem pricing update from the guide.(Gem Notes)
July 1, 2004... Market in brief: June 1, 2004... The colored stone market is stable. Exhibitors are optimistic that the Vegas and New York shows will be well attended. With consumer confidence holding steady in May, dealers anticipate retailers will be...
Why do women choose Moissanite? Because they love it!
July 1, 2004... The Perfect Combination of Art and Science
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The visual characteristics of Charles & Colvard created Moissanite make it highly desirable in the jewelry marketplace. High dispersion and...
U.S. Kimberley Authority 'working extremely well'.(Diamond Notes )(Brief Article)
July 1, 2004... The Kimberley Process is working well in the United States, officials from the United States Kimberley Process Authority told a recent news conference at the Diamond Dealers Club.
"We have spent a lot of time and energy designing a system...
Iman leaves De Beers.(Diamond Notes)
July 1, 2004... The De Beers retail stores have lost their "style icon."
Iman, the African supermodel who for two years was the public face of the chain, no longer will represent it in public appearances and advertisements.
De Beers LV spokeswoman...
Hearts On Fire acquires Memoire.(Diamond Notes)(Brief Article)
July 1, 2004... Hearts On Fire recently acquired Memoire, a manufacturer of diamond wedding bands and luxury jewelry based in Skaneateles, N.Y. Memoire will continue to operate as an independent subsidiary under co-owners Doug and Nancy McDowell. Hearts On...
Moscow conference considers cut.(Diamond Notes)
July 1, 2004... There was surprising consensus on the sometimes divisive issue of cut at a first-ever conference on the topic held recently in Moscow.
The purpose of the conference, organizer Gerry Holloway says, was to look beyond the technical issues and...
Young Antwerp Manufacturers forge ties.(Diamond Notes)
July 1, 2004... This month sees the second annual Antwerp Diamond Sailing Race, a sailing competition at that Belgian port city designed to publicize the diamond industry. But the most interesting part of this event may be the company organizing it--mainly...
Remark sparks heightened security in Antwerp.(Diamond Notes)(Brief Article)
July 1, 2004... The Antwerp diamond district heightened security after a Muslim group said terrorist attacks there are "almost unpreventable."
Ahmed Azzuz, the leader of the Arab European League, a militant group, told a European publication that "the...
Courtney Walker to head GIA's N.Y. operations.(Diamond Notes)(Gemological Institute of America)(Brief Article)
July 1, 2004... Courtney A. Walker has rejoined the Gemological Institute of America as director of New York operations for the GIA Gem Laboratory. In this role, he will oversee the New York facility and develop additional support for the laboratory's...
Glittering runways, west coast-style.(Fashion Facets)(Brief Article)
July 1, 2004... Though New York may be the country's fashion capital, Los Angeles runs a close second, and L.A. Fashion Week is increasingly important for press and buyers.
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Less serious than the East Coast version--with notably...
Damiani, Brad Pitt in Tokyo's spotlight.(Fashion Facets)(Brief Article)
July 1, 2004... The international partnership between Damiani and Brad Pitt may be one of the smartest jewelry marketing ventures in recent history. Proof came in Tokyo recently, when an impeccably timed event by Damiani--just a week after the launch of the...
At Revere, an emphasis on design.(Fashion Facets)
July 1, 2004... The Revere Academy is incorporating an independent design project into its eight-week Jewelry Technician Intensive in October. Each student, guided by director Alan Revere, will create his or her own unique design.
This new project aims to...
New ads reinforce platinum's bridal strength.(Fashion Facets)(Brief Article)
July 1, 2004... Platinum Guild International's new advertising campaign is achieving desired results, according to the organization, and reinforcing platinum as a bride's must-have metal.
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The campaign focuses on a...
Gems in motion.(Fashion Facets)(Brief Article)
July 1, 2004... If all goes as planned, newly engaged women everywhere will no longer have to awkwardly poise their hands to catch the proper light when showing off their diamond rings.
The Louisiana-based Re'Volve recently launched a jewels-in-motion...
Daniel K copyrights Uternity.(Fashion Facets)(Brief Article)
July 1, 2004... Daniel K's new Uternity band enhances a traditional eternity ring by using a shared-prong mount in a "U" shape. The resulting design minimizes the metal used and maximizes the visible surface area of the diamonds in the band. Uternity is...
Missouri Jewelers awarded for designs.(Fashion Facets)
July 1, 2004... The Missouri Jewelers and Watchmakers Association recently honored the winners of their annual design contest. Taking honors this year were Leo Anglo, Vincent's Jewelers, first place for the under $1,000 category; Dale Hurt, Gold N Designs,...
Chopard Trophy to French, Brazilian actors.(Fashion Facets)(Brief Article)
July 1, 2004... French Actress Marion Cotillard (Big Fish), and Brazilian actor Rodrigo Santoro (Love, Actually) received the Chopard Trophy this year at the Cannes Film Festival.
The trophy, awarded in conjunction with Studio magazine, honors new talent...
Guess Watches chooses two to be its 'face'.(Watch World)(Brief Article)
July 1, 2004... Guess Watches has chosen not one but two young women to be the new "Face of Guess Watches." The pair will serve as spokespersons and "faces" for the brand's global advertising and marketing efforts. The popular fashion watch brand is sold in 70...
Fossil buys Michele Watches.(Watch World)(Brief Article)
July 1, 2004... Fossil Inc., whose watches are sold in more than 90 countries, has acquired Tempus International Corp. for about US$50 million in cash. Tempus manufactures, markets, and distributes the MW and MW Michele watch brands. The deal was completed in...
The Patek Philippe white gold Calibre 89 (the most complicated watch in the world).(Watch World)(Brief Article)
July 1, 2004... The Patek Philippe white gold Calibre 89 (the most complicated watch in the world) sold for $5,002,652 at Antiquorum's 30th anniversary watch and clock auction held April 24 in Geneva, Switzerland. It was the second-highest price ever paid for...
AWA elects Fischer as chairman.(Watch World)(American Watch Association)(Brief Article)
July 1, 2004... The American Watch Association (AWA) on May 10 elected Walter Fischer, chairman of Rolex Watch U.S.A, as its new chairman of the board. He succeeds Ronald Luino, elected last September to a two-year term as chairman, who left the post when his...
There was time for space at April's BaselWorld 2004.(Watch World)(Brief Article)
July 1, 2004... There was time for space at April's BaselWorld 2004. Watches for China's first astronaut (2003) and Russian cosmonauts were displayed in those countries' exhibits. Swiss-made Omega, official watch of NASA, held a press conference on moon and...
New efforts to end Muller dispute.(Watch World)(Brief Article)
July 1, 2004... Efforts have been made this spring to resolve the fierce dispute between co-founders of the innovative and popular Swiss luxury watch brand, Franck Muller, headquartered outside Geneva.
Didier Decker, administrative director and CFO of...
Swiss watch brand Tissot.(Watch World)
July 1, 2004... Swiss watch brand Tissot introduced its new shop-in-shop concept in March during a special event at the Tribeca Grand Hotel in New York City. The program, called "Touch Time Together," was attended by some 200 Tissot retailers and presided over...
SII and Perry Ellis sign watch deal.(Watch World)(SII Marketing International)(Brief Article)
July 1, 2004... SII Marketing International, a division of the Seiko Group, has signed a license agreement with Perry Ellis International to make and distribute its men's and women's watches. The line, called Perry Ellis Chronology, will be sold under the...
Timex expands licensing for non-watch products.(Watch World)
July 1, 2004... First, there were Timex watches, then Timex sunglasses. Soon, there may be Timex cell phones, smoke detectors, luggage, and even tire gauges. That's because Timex, America's best-selling watch brand, has signed with IMG Licensing to handle...
Hosting a successful bridal event.(Business Report)(Third Annual National Bridal Market Conference)(Bridal event)
July 1, 2004... Thinking of hosting a bridal event or show? Three experts with a combined 50 years of experience in the bridal arena offered their advice recently at the Third Annual National Bridal Market Conference in New York, hosted by The National...
The margin report.(Business Report)(Brief Article)(Illustration)
July 1, 2004... We recently asked members of the JCK Retail Panel about their margins on various products.
WHAT'S THE DIFFERENCE BETWEEN MARGINS AND MARKUP?
"The difference is that gross profit margin is figured as a percentage of the selling price,...
Sponge coral: sponge coral beads and carvings offer the wearer unique gems and a big look. The largest beads shown here measure 17 mm in diameter, and the rose carved earrings measure 21 mm in diameter.(Jewel of the Month)(Sponge corals)
July 1, 2004... That's its trade name, of course. Known to marine biologists as melithaea ochracea (say that five times fast!), sponge coral really has nothing to do with sponges. It just looks like a sponge.
Gem corals are hard, underwater, organically...
Simply brilliant! Pairing diamonds with silver may seem counterintuitive, but sometimes mixing unlikely materials can produce an instant classic--just ask the guy who invented the chocolate-covered pretzel!(Cover Story)
July 1, 2004... Has it really been only a few years since the taboo against marrying silver and diamonds was broken, when a handful of designers realized the lower price points would appeal to a generation that had already rejected fashion mandates and...
De Beers '04-MULA: three-stone jewelry and right-hand rings; The DTC's U.S. ad campaign will tout its two newest products.
July 1, 2004... The right-hand ring and three-stone jewelry will be the stars of this year's Diamond Trading Company (DTC) U.S. ad campaign.
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The DTC's decision to devote most of its energies to its two newest products is a sign...
Life in the fast lane: open-to-buy vs. balance-to-buy; Last month, we talked about the term "open-to-buy"--the process used for forecasting sales and establishing a budget for inventory purchases. This month Abe Sherman, president of buyers international group (B.I.G.), shareshis process called "balance-to-buy.".
July 1, 2004... The traditional open-to-buy (OTB) process examines each department by projecting sales and cost of goods sold (COGS) and comparing that with on-hand inventory, resulting in an "open-to-buy" amount available for new inventory.
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With a little help from some friends ... want to maximize your marketing dollars? Catch a free ride on the coattails of the trade's leading product associations.
July 1, 2004... When it's time to plan your promotional strategy for the fall/holiday season, look to the groups that promote the diamonds, gold, platinum, gemstones, and pearls you sell. They've got plenty of ideas, advice, co-op programs, and more.
...
Building relationships online: how three jewelers are using the Internet to personalize their businesses, educate consumers, and attract customers from outside their regions.(MSG Jewelers)
July 1, 2004... The Internet delivers an endless stream of information--much of it complex and confusing--on every topic imaginable, and its growth appears infinite. For example, a quick search for "jewelry" using the Google search engine will produce nearly...
Las Vegas 2004: the boom is back; With an improving economy, retailers displayed optimism in both mood and buying.
July 1, 2004... If there was any doubt that the economy is in recovery and that the jewelry industry is back, all one had to do was attend The JCK Show ~ Las Vegas. The event, held June 4-8 at the Sands Expo & Convention Center, was crowded with jewelers eager...
The revere academy: goldsmiths celebrate silver anniversary; The school started by Alan Revere is celebrating a quarter-century of service to the jewelry industry.(Biography)
July 1, 2004... Champagne on April Fool's Day? It may not be a tradition, but corks were popping on April 1, 2004--the day the Revere Academy of Jewelry Arts celebrated its 25th anniversary. The school that began as a single private class taught by founder and...
Swiss watch fairs spotlight women, sports, and birthdays: mechanical watches are increasingly popular among women, and the diver's watch is the sport watch of choice.(The 2004 Swiss Watch Fairs)
July 1, 2004... The annual international watch fairs held each spring in Basel and Geneva, Switzerland, are not only stages for new products but also spotlight developing watch trends and provide forums to celebrate watchmakers' achievements. Here's a closer...
Coast Diamond.(JA Product Preview)
July 1, 2004... Coast Diamond showcases its "Gem Colour" collection with a stunning gem-quality aquamarine and diamond pendant set in 18k white gold. Coast Diamond, Los Angeles; (213) 627-2655. JA NY booth #0941-43/Platinum Pavilion
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Charles & Colvard.(JA Product Preview)
July 1, 2004... Generate high profits with moissanite. Self-purchasing women represent the hottest growing segment of jewelry buyers. By delivering maximum beauty at minimum cost, moissanite creates a whole new revenue stream in affordable luxury. Charles &...
First image design.(JA Product Preview)
July 1, 2004... Fancy yellow diamond ring set in platinum. GIA 3.08-ct. fancy yellow, VS clarity. First Image Design, New York; (212) 221-8282. JA NY booth #2710
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Guertin brothers.(JA Product Preview)
July 1, 2004... Adriana[R] solitaires are now available with square settings. In platinum or gold, help her choose her ring for a lifetime! Guertin Brothers, Roanoke, Va; (800) 225-3141. JA NY booth #2636
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Danhov.(JA Product Preview)
July 1, 2004... A selection of engagement rings from the new Micro-Pave line by Danhov; available in all metals, including colored gold. Danhov, Los Angeles; (213) 627-0454. JA NY booth #3303
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Hot Diamonds.(JA Product Preview)
July 1, 2004... Industry leader Hot Diamonds makes princess cuts an affordable indulgence with the launch of Hot Diamonds Squared: A new collection for women. Hot Diamonds, Belfast, Maine; (800) 460-6009. JA NY booth #3112
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Camelot bridal.(JA Product Preview)
July 1, 2004... Scuplted in 14k white gold, this 6-mm comfort-feel wedding band has become an instant best-seller. Made in the USA. Camelot Bridal, Union, N.J.; (800) 535-3501. JA NY booth #2409-11
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Prisma Express.(JA Product Preview)
July 1, 2004... Digitally designed, the "Unforgettable Bridal Collection" by Prisma Express provides you with all the basic and newest designs. Prisma Express, Los Angeles; (213) 627-0240. JA NY booth #2252-54
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Lau International.(JA Product Preview)
July 1, 2004... Long, sexy stiletto earrings starting at $100. See our full line of more than 20 styles at the JA NY Show. Lau International, Miami; (305) 539-0792. JA NY booth #1765
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Olympic Diamond.(JA Product Preview)
July 1, 2004... Olympic Diamond, New York; (800) 842-3666. JA NY booth #2133-35
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Mirabelle 18K.(JA Product Preview)
July 1, 2004... Casino chips, dice, cards and other gaming creations are now available with diamonds and precious gems. The new "Player's Club" by Mirabelle 18K is the finest jewelry gaming collection in the world. Mirabelle, West Hollywood; (800) 466-0656. JA...
First Class Imports.(JA Product Preview)
July 1, 2004... First Class Imports offers a huge line of high-quality gold and diamond set jewelry. First Class Imports Inc., New York; (800) 331-1506. JA NY booth #1662
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Gelin abaci.(JA Product Preview)
July 1, 2004... Platinum tension-set engagement/wedding ring accented with rose gold and pave diamonds. Gelin Abaci, Glendora, Calif.; (800) 545-8545. JA NY booth #2646-48
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Speidel.(JA Product Preview)
July 1, 2004... For 100 years Speidel has been the structural cornerstone of watchband innovation. Our commitment to quality, service, and style has established us as the premier leader in the watchband industry. Speidel Inc., East Providence R.I.; (800)...
Nelson Jewellery.(JA Product Preview)(Brief Article)
July 1, 2004... Diamond anniversary and eternity bands in platinum or 18K white gold. Nelson Jewellery, Los Angeles; (213) 489-3323. JA NY booth #3830/Hong Kong Pavilion
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Super bell.(JA Product Preview)(Brief Article)
July 1, 2004... Rose gold blue crystal wire backs, two-tone rose/white gold chandelier earrings, blue diamond pave band, and matching French back earrings. Super Bell, Los Angeles; (213) 362-2773. JA NY booth #2380
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Wolf designs.(JA Product Preview )
July 1, 2004... Creamy leathers, sumptuous interiors, delicious tones. Quintessentially feminine and fashion forward, a Lady Covent Garden Lineage travels anywhere in style. Wolf Designs, Malibu, Calif.; (866) 289-9653. JA NY booth #1750-54
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Benchmark.(JA Product Preview)
July 1, 2004... Benchmark's two rings have 1/3 ct. of diamonds in platinum. Suggested retail price for each ring is about $3,000. Benchmark, Tuscaloosa, Ala.; (800) 633-5950. JA NY booth #2730.
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De Ani.(JA Product Preview)
July 1, 2004... The industry's hottest 14K gold and enamel "Summer Fun" collection includes pendants, earrings, and bracelets. De Ani, Monrovia, Calif.; (626) 305-8888. JA NY Booth #2520-22
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Jewelry.(What's New)(Brief Article)
July 1, 2004... Handmade solid link necklace and bracelet in 18k yellow gold. Necklace contains three white gold links with 2.76 cts. t.w. pave diamonds and is retail priced at $9,400 (keystone). Bracelet contains one white gold link with 1.93 cts. t.w. pave...
Giftware.(What's New)(Brief Article)
July 1, 2004... Leather briefcase with "human form" handles and pewter metal on each clasp is designed by Carrol Boyes. Each briefcase measures 12 in. wide by 15 in. long by 2 in. deep. Suggested retail price is $525. Diane Seidle, Great Neck, N.Y.; (516)...
Catalogs.(What's New)(Brief Article)
July 1, 2004... Novell Design Studio has released its 52-page color catalog featuring its latest designs in bridal jewelry, crafted in platinum, 18k, or 14k gold. Gold can be white, yellow, or pink. Special touches such as diamonds and colored gemstones also...
WJA names Mary L. Forte to 'Hall of Fame'.(People)(Women's Jewelry Association)(Brief Article)
July 1, 2004... The Women's Jewelry Association board of directors recently announced its selection of Mary L. Forte as its 2004 "Hall of Fame" honoree. She will be honored during the WJA 21st Annual Awards for Excellence dinner at Pier Sixty in New York City...
Matthew J. Space.(Appointments)(Brief Article)
July 1, 2004... Matthew J. Space has joined OMAS as vice president. He most recently served as vice president of brand development for Ghurka New York.
Jewelers Vigilance Committee (JVC) board of directors.(Appointments)(Brief Article)
July 1, 2004... Shreve, Crump & Low president and CEO Merritt W. Mayher has been appointed to the Jewelers Vigilance Committee (JVC) board of directors. She has served as president and CEO of Shreve, Crump & Low and Schwarzschild Jewelers since March 2003, and...
Kimberly Kiss.(Appointments)(Brief Article)
July 1, 2004... Wolf Designs has named Kimberly Kiss director of business development for the Mid-Atlantic region effective immediately. Prior to joining Wolf Designs in 2001 as national sales manager, Kiss previously was licensing manager for Barth &...
D. Keith Ford.(Appointments)(Brief Article)
July 1, 2004... D. Keith Ford, CPA, has been appointed chief financial officer of Chippenhook. Ford will oversee the accounting finance, credit, legal, and MIS departments and direct the company's continued growth by utilizing his expertise in inventory...
David Bradshaw.(Appointments)(Brief Article)
July 1, 2004... David Bradshaw has joined Chippenhook as vice president of business development. Bradshaw is responsible for broadening the scope of products and services offered to customers worldwide, and will focus on expanding Chippenhook's custom store...
Congress Jewelers.(Appointments)(Brief Article)
July 1, 2004... Congress Jewelers announced the recent promotion of Carlos Fernandez to district manager, responsible for the Bonita Springs and Key West, Fla., stores. He was previously general manager of the Sanibel Island store. Marybel Benzrihem has been...