Bon-Ton Stores, Currently in Chapter 11, May Be Bought
Bon-Ton may not be dead and gone.
Bon-Ton Stores, currently operating in Chapter 11, says it’s in active discussions with several parties hoping to acquire the department store as a going concern, the company announced...
U.S. Trustee Calls for Examiner in A. Jaffe, Firestar, Case
The United States Trustee overseeing the A. Jaffe and Firestar Diamond Chapter 11 cases filed a motion calling for an independent examiner to look at the role played by the companies’ ultimate owner, Nirav...
GIA Finds Synthetic Ruby Layer on Natural Gemstones
Carlsbad, Calif.--The Gemological Institute of America’s New York lab recently had a gemstone submitted for identification it hasn’t seen before.
According to an article by Tyler Smith and Hollie McBride in the winter 2017 issue...
Thailand’s Ministry of Commerce and Ministry of Tourism and Sports Launch Buy With Confidence...
Ministry of Commerce joins hands with partners to encourage leading jewelry shops and businesses to participate in the “Buy With Confidence” program that will issue certifications to ensure the quality and standard of Thai...
A Marketing Company Is Crowd-Funding TV Ads Jewelers Can License
Professionally produced TV ads are expensive—often prohibitively so for small jewelry retailers.
Which is why South Jordan, Utah’s Ascend Marketing has announced plans to create six professionally produced TV ads that can be licensed by...
Jared Announces Trade-In Program for Luxury Watches
Jared the Galleria of Jewelry is debuting a nationwide program that will allow customers to trade in their luxury watches for either cash or store credit, the retailer announced today.
The program is being run...
A. Jaffe, Firestar Diamond Sales Approved by Court
Despite a last-minute intervention by Punjab National Bank, on March 28, a U.S. bankruptcy court ruled that A. Jaffe and Firestar Diamond can go ahead and sell their assets, the two companies announced.
The companies...
Leading Retailers Nervous About Coming China Trade War
Twenty-five leading retailers—including Macy’s, J.C. Penney, Kohl’s, and Walmart—have appealed to President Trump not to slap tariffs on Chinese products, saying the resulting increase in prices would hurt American consumers.
“In the U.S., those who...
Dallas Gold & Silver Exchange Thumbs Its Nose at Predictions of Demise
Dallas-based jewelry chain Dallas Gold & Silver Exchange (DGSE) is thumbing its corporate nose at some published reports of its possible demise—particularly Barron’s.
In April 2017, the financial publication listed the company, which retails and...
Baselworld organisers say footfall was up 8% on first two days of show
The amount of industry experts and specialists walking the Baselworld show floor has seen a healthy increase from last year, event statistics have revealed.
The first figures to be reported from the Switzerland-based trade show...
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