Montblanc Silver Jewelry Line Combines Elegance and Attitude

Caractère Essential-Chic silver ring ($600), the Essence Prodigieuse silver and wood ring ($650) and the white lacquer and silver Caractère Chic-issim Bracelet ($1,170). Photo credit: Dan King of Dan King Photography

An affordable, versatile jewelry collection from luxury brand, Montblanc, has been available for almost a year. Created by Susie Otero, Montblanc’s managing director of Jewelry, it consists of large, oval, sculptural shapes in contrasting dark and light tones. The shapes take on a classical appearance in its execution.

Style expert Jen Abrams wearing the black sparkling lacquer Caractère Chic-issim pendant ($920) with the Essential-Chic silver ring ($600) and the stainless steel with black PVD finish Star Spell bangle ($600). Photo credit: Dan King of Dan King Photography

This is an affordable collection that can be worn to work and then out for the evening without skipping a beat. This versatility is enhanced through the addition of black and white color by applying lacquer or PVC coating on some of the silver pieces. Montblanc, known for its luxury writing instruments, is traditionally a masculine brand but it is working to attract women. This line is created with both the woman self-purchaser in mind and for men to buy as a gift while shopping for writing instruments, watches or leather goods. The luxury brand loaned me 12 pieces from the collection and I tested their ability to complement a variety of circumstances. The prices of the items photographed ranged from $525 to $1,300.
 

A view from the back for the Montblanc Prodigieuse silver and maple pendant necklace ($880). Photo credit: Dan King of Dan King Photography

Style expert Jen Abrams modeled the jewelry first at Fork restaurant with snapshots taken by me. Then we turned the photography over to a pro, Dan King of Dan King Photography. Abrams and King put the jewelry through some extreme close-ups and creative scenarios.
 

Style expert Jen Abrams and I began our day at Fork restaurant in Philadelphia where I took some pictures of her wearing Montblanc jewelry. Here, the Star Spell bangle ($600) took on the colors of the lights in the restaurant. Photo credit: Anthony DeMarco

Finally, my wife, Maria, wore the jewelry to her casual work environment at the Philadelphia Museum of Art for three days. I took some snapshots of her next to a Cherry Blossom tree near full bloom.
 

The Caractère Essential-Chic silver bracelet ($1,395), the Romance Beauté silver and wood ring with a thin band of gold ($840) and the Caractère Essential-chic silver ring with black sparkling lacquer ($525). Photo credit: Anthony DeMarco

Abrams was attracted to the silver rings with dark wood and PVC highlights as well as the pendant necklaces. There were sterling pendants and bracelets that finished in a black or white lacquer on one side. This allowed the option of wearing them on the colored side or the silver side. Maria preferred the silver finishes. Maria also was fond of an oval pendant with the top half made of thin sterling that gradually finished in a thick maple. An interlocking silver bracelet was a favorite of Abrams and; unfortunately it arrived without the karabiner clasp. We did some improvisation to photograph it. 

The Romance Beauté silver ring with a thin band of gold ($840).  Photo credit: Anthony DeMarco

The silver jewelry line is largely defined by three central themes: Romance, which uses soft, rounded forms to convey the femininity of the contemporary woman; Essence, which focuses on pure, essential shapes with an architectural dimension; and Caractère (character), which uses bold independent symbols to convey independence.

My wife Maria wearing the black sparkling lacquer Caractère Chic-issim pendant ($920) with the Essential-Chic silver ring ($600) and the stainless steel with black PVD finish Star Spell bangle ($600). Photo credit: Anthony DeMarco

Did the jewelry keep pace with the constant changes in environment? You decide.

The Volupté silver and white lacquer pendant necklace finds a home on a Cherry Blossom tree ($960). Photo credit: Anthony DeMarco

 Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.
 

The Romance Beauté silver ring with a thin band of gold ($840). Photo credit: Anthony DeMarco

The interior of Fork restaurant. Ellen Yin, co-owner of the stylish American bistro, was gracious enough to allow us to take photographs prior to the dinner service. Photo credit: Anthony DeMarco

Caractère Essential-Chic silver ring ($600), the Essence Prodigieuse silver and wood ring ($650) and the white lacquer and silver Caractère Chic-issim Bracelet ($1,170). Photo credit: Dan King of Dan King Photography

An affordable, versatile jewelry collection from luxury brand, Montblanc, has been available for almost a year. Created by Susie Otero, Montblanc’s managing director of Jewelry, it consists of large, oval, sculptural shapes in contrasting dark and light tones. The shapes take on a classical appearance in its execution.

Style expert Jen Abrams wearing the black sparkling lacquer Caractère Chic-issim pendant ($920) with the Essential-Chic silver ring ($600) and the stainless steel with black PVD finish Star Spell bangle ($600). Photo credit: Dan King of Dan King Photography

This is an affordable collection that can be worn to work and then out for the evening without skipping a beat. This versatility is enhanced through the addition of black and white color by applying lacquer or PVC coating on some of the silver pieces. Montblanc, known for its luxury writing instruments, is traditionally a masculine brand but it is working to attract women. This line is created with both the woman self-purchaser in mind and for men to buy as a gift while shopping for writing instruments, watches or leather goods. The luxury brand loaned me 12 pieces from the collection and I tested their ability to complement a variety of circumstances. The prices of the items photographed ranged from $525 to $1,300.
 

A view from the back for the Montblanc Prodigieuse silver and maple pendant necklace ($880). Photo credit: Dan King of Dan King Photography

Style expert Jen Abrams modeled the jewelry first at Fork restaurant with snapshots taken by me. Then we turned the photography over to a pro, Dan King of Dan King Photography. Abrams and King put the jewelry through some extreme close-ups and creative scenarios.
 

Style expert Jen Abrams and I began our day at Fork restaurant in Philadelphia where I took some pictures of her wearing Montblanc jewelry. Here, the Star Spell bangle ($600) took on the colors of the lights in the restaurant. Photo credit: Anthony DeMarco

Finally, my wife, Maria, wore the jewelry to her casual work environment at the Philadelphia Museum of Art for three days. I took some snapshots of her next to a Cherry Blossom tree near full bloom.
 

The Caractère Essential-Chic silver bracelet ($1,395), the Romance Beauté silver and wood ring with a thin band of gold ($840) and the Caractère Essential-chic silver ring with black sparkling lacquer ($525). Photo credit: Anthony DeMarco

Abrams was attracted to the silver rings with dark wood and PVC highlights as well as the pendant necklaces. There were sterling pendants and bracelets that finished in a black or white lacquer on one side. This allowed the option of wearing them on the colored side or the silver side. Maria preferred the silver finishes. Maria also was fond of an oval pendant with the top half made of thin sterling that gradually finished in a thick maple. An interlocking silver bracelet was a favorite of Abrams and; unfortunately it arrived without the karabiner clasp. We did some improvisation to photograph it. 

The Romance Beauté silver ring with a thin band of gold ($840).  Photo credit: Anthony DeMarco

The silver jewelry line is largely defined by three central themes: Romance, which uses soft, rounded forms to convey the femininity of the contemporary woman; Essence, which focuses on pure, essential shapes with an architectural dimension; and Caractère (character), which uses bold independent symbols to convey independence.

My wife Maria wearing the black sparkling lacquer Caractère Chic-issim pendant ($920) with the Essential-Chic silver ring ($600) and the stainless steel with black PVD finish Star Spell bangle ($600). Photo credit: Anthony DeMarco

Did the jewelry keep pace with the constant changes in environment? You decide.

The Volupté silver and white lacquer pendant necklace finds a home on a Cherry Blossom tree ($960). Photo credit: Anthony DeMarco

 Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.
 

The Romance Beauté silver ring with a thin band of gold ($840). Photo credit: Anthony DeMarco

The interior of Fork restaurant. Ellen Yin, co-owner of the stylish American bistro, was gracious enough to allow us to take photographs prior to the dinner service. Photo credit: Anthony DeMarco

reade more... Résuméabuiyad

Fabergé Flies with VistaJet

Contemporary interpretation of the Fabergé by artist Ian Davenport on the tail of a Bombardier Global 6000.

Luxury jewelry brand, Fabergé, has teamed up with luxury aviation company, VistaJet, in a promotion that puts a contemporary spin on the company’s legendary heritage.

The two companies commissioned artist Ian Davenport to create a design for the tail of one of VistaJet’s flagship aircraft—the Bombardier Global 6000—that depicts a contemporary interpretation of the Fabergé egg. To launch this project, VistaJet customers will be able to purchase a limited edition collection of Fabergé Fine Jewellery egg pendants in the cabin this spring. 

Exclusive collection of Fabergé Fine Jewellery egg pendants for VistaJet.

Davenport's egg is colored in waves of different shades of red, blue and green that reflects on the guilloché enamel pattern that Fabergé applied to its Imperial Easter Eggs. “This design blends heritage and modernity which perfectly reflects our contemporary vision of Fabergé today,” said Katharina Flohr, Fabergé’s creative and managing director.

Exclusive to VistaJet, the collection of fine egg pendants comes in a variety of designs in gold, colored gemstones and enamel, reflecting Fabergé’s legendary artistry and craftsmanship. The designs are available on-board starting at $7,900.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

Contemporary interpretation of the Fabergé by artist Ian Davenport on the tail of a Bombardier Global 6000.

Luxury jewelry brand, Fabergé, has teamed up with luxury aviation company, VistaJet, in a promotion that puts a contemporary spin on the company’s legendary heritage.

The two companies commissioned artist Ian Davenport to create a design for the tail of one of VistaJet’s flagship aircraft—the Bombardier Global 6000—that depicts a contemporary interpretation of the Fabergé egg. To launch this project, VistaJet customers will be able to purchase a limited edition collection of Fabergé Fine Jewellery egg pendants in the cabin this spring. 

Exclusive collection of Fabergé Fine Jewellery egg pendants for VistaJet.

Davenport's egg is colored in waves of different shades of red, blue and green that reflects on the guilloché enamel pattern that Fabergé applied to its Imperial Easter Eggs. “This design blends heritage and modernity which perfectly reflects our contemporary vision of Fabergé today,” said Katharina Flohr, Fabergé’s creative and managing director.

Exclusive to VistaJet, the collection of fine egg pendants comes in a variety of designs in gold, colored gemstones and enamel, reflecting Fabergé’s legendary artistry and craftsmanship. The designs are available on-board starting at $7,900.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

reade more... Résuméabuiyad

A Look at Gina Lollobrigida’s Bulgari Jewels

Natural pearl and diamond pendants, Bulgari, 1964, worn by Lollobrigida when she met Princess Margaret at The Taming of the Shrew premiere in London in 1967. Estimate: $600,000 - $1 million

Throughout her long and varied career as an actress, artist and humanitarian, one thing remained a constant in Gina Lollobrigida’s life: Her relationship with Italian luxury jewelry house, Bulgari.

19.03-ct. diamond ring, Bulgari, 1962; Estimate: $400,000 - $800,000

As previously reported, Lollobrigida is selling 23 pieces of jewelry from her Bulgari collection at Sotheby’s Geneva on May 14. Those who have followed the 85-year-old actress’ career, particularly during her height of international popularity in the 1950s and ‘60s, will recognize the items as they were all worn by her during special moments in her life.

Diamond necklace/bracelet combination, Bulgari, 1954, worn by the actress as a tiara during her 1961 Golden Globe for World Film Favorite – Female. Estimate: $300,000 - $500,000

The pictures that accompany this article are some of the highlights of the upcoming sale. Proceeds from the sale will benefit stem cell research, which she describes as a “very close cause to my heart.”

27.57-ct. emerald and diamond brooch, Bulgari, 1964; Estimate: $150,000 - $250,000.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

Emerald and diamond pendent ear clips, Bulgari, 1964. Surmounts are detachable and may be worn with the natural pearl and diamond pendants. Estimate: $150,000 - $250,000

Emerald and diamond ring, Bulgari, 1964. Set with a step-cut emerald weighing 16.62 carats and framed by two rows of brilliant-cut diamonds. Estimate: $120,000 - $180,000

Natural pearl and diamond pendants, Bulgari, 1964, worn by Lollobrigida when she met Princess Margaret at The Taming of the Shrew premiere in London in 1967. Estimate: $600,000 - $1 million

Throughout her long and varied career as an actress, artist and humanitarian, one thing remained a constant in Gina Lollobrigida’s life: Her relationship with Italian luxury jewelry house, Bulgari.

19.03-ct. diamond ring, Bulgari, 1962; Estimate: $400,000 - $800,000

As previously reported, Lollobrigida is selling 23 pieces of jewelry from her Bulgari collection at Sotheby’s Geneva on May 14. Those who have followed the 85-year-old actress’ career, particularly during her height of international popularity in the 1950s and ‘60s, will recognize the items as they were all worn by her during special moments in her life.

Diamond necklace/bracelet combination, Bulgari, 1954, worn by the actress as a tiara during her 1961 Golden Globe for World Film Favorite – Female. Estimate: $300,000 - $500,000

The pictures that accompany this article are some of the highlights of the upcoming sale. Proceeds from the sale will benefit stem cell research, which she describes as a “very close cause to my heart.”

27.57-ct. emerald and diamond brooch, Bulgari, 1964; Estimate: $150,000 - $250,000.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

Emerald and diamond pendent ear clips, Bulgari, 1964. Surmounts are detachable and may be worn with the natural pearl and diamond pendants. Estimate: $150,000 - $250,000

Emerald and diamond ring, Bulgari, 1964. Set with a step-cut emerald weighing 16.62 carats and framed by two rows of brilliant-cut diamonds. Estimate: $120,000 - $180,000

reade more... Résuméabuiyad

New In My Etsy Store March 28, 2013

This week I added three new pieces to my store.

I made another wedding necklace set for the wedding section of my store.  I love this rose gold Swarovski pearl with silk Swarovski crystal!  I think this one is my favorite of the wedding sets!

https://www.etsy.com/listing/127593336/bead-woven-swarovski-wedding-necklace?

I also added two more wire wrapped rings to my store.  I love how they both came out!

https://www.etsy.com/listing/127526886/copper-wire-wrapped-ring-with-red-magma?

https://www.etsy.com/listing/127596921/gold-tone-copper-wire-wrapped-ring-with?

This week I added three new pieces to my store.

I made another wedding necklace set for the wedding section of my store.  I love this rose gold Swarovski pearl with silk Swarovski crystal!  I think this one is my favorite of the wedding sets!

https://www.etsy.com/listing/127593336/bead-woven-swarovski-wedding-necklace?

I also added two more wire wrapped rings to my store.  I love how they both came out!

https://www.etsy.com/listing/127526886/copper-wire-wrapped-ring-with-red-magma?

https://www.etsy.com/listing/127596921/gold-tone-copper-wire-wrapped-ring-with?

reade more... Résuméabuiyad

Another Strong Year for Signet Jewelers

Signet Jewelers, the largest specialty retail jeweler in the U.S. and U.K., continues to benefit from strong retail sales in U.S., which more than offset weaker figures in the U.K.

The Bermuda-based company said Thursday that fourth quarter sales increased 11.8 percent, year-over-year, to $1.51 billion. Same store sales for the period ended Feb. 2, increased 3.5 percent compared to an increase of 6.9 percent in the prior fiscal year. E-commerce sales increased 46.9 percent to $63.9 million.

In its U.S. division sales for the fourth quarter increased 14.2 percent to $1.24 billion. Same store sales increased 4.9 percent compared to an increase of 8.3% in the fourth quarter Fiscal 2012. Sales increases were driven by broad based strength across most merchandise categories in both Kay and Jared retail chains and its acquisition of the Ultra Diamonds retail chain, the fifth largest in the U.S.

In its U.K. division total sales were up 1.8 percent to $268.4 million (fourth quarter Fiscal 2012: $263.7 million). Same store sales fell 1.9 percent compared to an increase of 1.7 percent in the fourth quarter Fiscal 2012. Sales performance was primarily attributed to lower store traffic and increased customer purchases of promotional merchandise, which impacted sales and gross margin.

In Fiscal 2013, Signet's total sales increased 6.2 percent to $3.98 billion. Same store sales were up 3.3 percent compared to an increase of 9 percent in Fiscal 2012. E-commerce sales increased 40.6 percent to $129.8 million.

In the US division total sales for the 2013 fiscal year increased 7.9 percent to $3.27 billion. Same store sales increased 4 percent for the year compared to an increase of 11.1 percent in Fiscal 2012. Sales increases were driven by broad based strength across most merchandise categories in both Kay and Jared, as well as the Ultra acquisition.

The number of merchandise transactions increased in Kay and Jared, the company said. Average merchandise transaction values were up in Kay stores due to changes in sales mix and down in Jared stores due primarily to the discontinuation of Rolex watches. E-commerce sales were $101.4 million compared to $68.5 million in Fiscal 2012, up $32.9 million or 48 percent.

In the U.K. division total sales fell 0.8 percent to $709.5 million. Same store sales increased 0.3 percent compared to an increase of 0.9 percent in Fiscal 2012. Sales performance was primarily attributed to lower traffic particularly in the fourth quarter.

In its guidance the company, which trade on the NYSE, said expectations are for same store sales in the first quarter to be up 5 to 7 percent.

“Signet had an excellent Fiscal 2013 with a 3.3% increase in same store sales and a 16.6 percent increase in earnings per share,” said Mike Barnes, Signet CEO. “The acquisition of Ultra, our share repurchase program and the increase in our quarterly dividend demonstrate our ability to capitalize on our excellent balance sheet to provide for our long-term growth and increase value for our shareholders.”

He added, “We are pleased with our progress quarter-to-date and expect to achieve our goals for the first quarter…. We will continue to advance our expansion goals as we integrate our recently acquired Ultra stores, execute on our multi-channel growth initiatives and expand our store base.”

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

Signet Jewelers, the largest specialty retail jeweler in the U.S. and U.K., continues to benefit from strong retail sales in U.S., which more than offset weaker figures in the U.K.

The Bermuda-based company said Thursday that fourth quarter sales increased 11.8 percent, year-over-year, to $1.51 billion. Same store sales for the period ended Feb. 2, increased 3.5 percent compared to an increase of 6.9 percent in the prior fiscal year. E-commerce sales increased 46.9 percent to $63.9 million.

In its U.S. division sales for the fourth quarter increased 14.2 percent to $1.24 billion. Same store sales increased 4.9 percent compared to an increase of 8.3% in the fourth quarter Fiscal 2012. Sales increases were driven by broad based strength across most merchandise categories in both Kay and Jared retail chains and its acquisition of the Ultra Diamonds retail chain, the fifth largest in the U.S.

In its U.K. division total sales were up 1.8 percent to $268.4 million (fourth quarter Fiscal 2012: $263.7 million). Same store sales fell 1.9 percent compared to an increase of 1.7 percent in the fourth quarter Fiscal 2012. Sales performance was primarily attributed to lower store traffic and increased customer purchases of promotional merchandise, which impacted sales and gross margin.

In Fiscal 2013, Signet's total sales increased 6.2 percent to $3.98 billion. Same store sales were up 3.3 percent compared to an increase of 9 percent in Fiscal 2012. E-commerce sales increased 40.6 percent to $129.8 million.

In the US division total sales for the 2013 fiscal year increased 7.9 percent to $3.27 billion. Same store sales increased 4 percent for the year compared to an increase of 11.1 percent in Fiscal 2012. Sales increases were driven by broad based strength across most merchandise categories in both Kay and Jared, as well as the Ultra acquisition.

The number of merchandise transactions increased in Kay and Jared, the company said. Average merchandise transaction values were up in Kay stores due to changes in sales mix and down in Jared stores due primarily to the discontinuation of Rolex watches. E-commerce sales were $101.4 million compared to $68.5 million in Fiscal 2012, up $32.9 million or 48 percent.

In the U.K. division total sales fell 0.8 percent to $709.5 million. Same store sales increased 0.3 percent compared to an increase of 0.9 percent in Fiscal 2012. Sales performance was primarily attributed to lower traffic particularly in the fourth quarter.

In its guidance the company, which trade on the NYSE, said expectations are for same store sales in the first quarter to be up 5 to 7 percent.

“Signet had an excellent Fiscal 2013 with a 3.3% increase in same store sales and a 16.6 percent increase in earnings per share,” said Mike Barnes, Signet CEO. “The acquisition of Ultra, our share repurchase program and the increase in our quarterly dividend demonstrate our ability to capitalize on our excellent balance sheet to provide for our long-term growth and increase value for our shareholders.”

He added, “We are pleased with our progress quarter-to-date and expect to achieve our goals for the first quarter…. We will continue to advance our expansion goals as we integrate our recently acquired Ultra stores, execute on our multi-channel growth initiatives and expand our store base.”

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

reade more... Résuméabuiyad

Product Review: The Bracelet Valet

As I mentioned in Monday's blog, I had the pleasure to meet Maureen Oliveto at the Whole Bead show this past weekend.  Maureen is the creator of the Easy Knotter, and now she has a new invention called the Bracelet Valet.

I always find it difficult getting my bracelets on alone. I am always looking for my husband or children to help.  With the bracelet valet, you can put it on without the help of someone else.  Maureen showed me how to do this with a bracelet with jump rings.  Her steps were to; 

1. Place jump ring from the bracelet on the post
2. Put your wrist inside loop of bracelet, open the clasp, and attach it to the jump ring
3. Lift off the post

I usually have trouble putting on toggle clasp, so I put the Bracelet Valet to the test to see if it would make putting on a toggle clasp alone easier......it totally worked!

Here are the pics!

Place open toggle part on Bracelet Valet hook.

Place wrist in bracelet

insert stem into toggle hole

Pull through toggle

Slide off hook, and that bracelet is on!!!

You can purchase  the bracelet valet at the Designs by Reenie Etsy store-- http://www.etsy.com/listing/125422502/bracelet-valet?ref=sr_gallery_1&ga_search_query=The+bracelet+valet&ga_view_type=gallery&ga_ship_to=US&ga_search_type=all

Happy Beading!!!!

As I mentioned in Monday's blog, I had the pleasure to meet Maureen Oliveto at the Whole Bead show this past weekend.  Maureen is the creator of the Easy Knotter, and now she has a new invention called the Bracelet Valet.

I always find it difficult getting my bracelets on alone. I am always looking for my husband or children to help.  With the bracelet valet, you can put it on without the help of someone else.  Maureen showed me how to do this with a bracelet with jump rings.  Her steps were to; 

1. Place jump ring from the bracelet on the post
2. Put your wrist inside loop of bracelet, open the clasp, and attach it to the jump ring
3. Lift off the post

I usually have trouble putting on toggle clasp, so I put the Bracelet Valet to the test to see if it would make putting on a toggle clasp alone easier......it totally worked!

Here are the pics!

Place open toggle part on Bracelet Valet hook.

Place wrist in bracelet

insert stem into toggle hole

Pull through toggle

Slide off hook, and that bracelet is on!!!

You can purchase  the bracelet valet at the Designs by Reenie Etsy store-- http://www.etsy.com/listing/125422502/bracelet-valet?ref=sr_gallery_1&ga_search_query=The+bracelet+valet&ga_view_type=gallery&ga_ship_to=US&ga_search_type=all

Happy Beading!!!!

reade more... Résuméabuiyad

Swatch Group Finalizes $1 Billion Acquisition of Harry Winston

The Harry Winston Salon in Harrods London department store.

The world-renowned Harry Winston luxury brand is now under new ownership. The Swatch Group Ltd. said late Tuesday that it has successfully completed the acquisition of the jewelry and timepiece retailer.

Swatch and Harry Winston Diamond Corp.,  now the prior owner of the brand, announced in January that the Harry Winston luxury retail division was being sold for $750 million plus the assumption of up to $250 million of pro forma net debt.

In addition to being a luxury jeweler and timepiece company, Harry Winston Diamond Corp. operates as a diamond mining business with a 40 percent ownership interest in the Diavik Diamond Mine. It is finalizing the purchase of the Ekati Diamond Mine, including its diamond sorting and sales facilities. Both mines are in the Northwest Territories of Canada.

Following the transaction, the company now is solely a diamond company and operates under the new name, Dominion Diamond Corp., while Swatch Group retains the Harry Winston brand name.

The U.S.-based luxury retail business was bought by the Canadian diamond mining group, Aber Corp., in 2006 to create the Harry Winston Diamond Corp., with divisions in luxury retail and diamond mining. It was listed on the New York Stock Exchange in 2007.

The brand’s namesake (Harry Winston, March 1, 1896 – December 28, 1978) founded the luxury retail company in 1932. He was among the most famous jewelers in the world and the first jeweler to lend jewels to an actress for the Oscars red carpet in 1944. He was also famous for donating the Hope Diamond to the Smithsonian Institution in Washington.

The luxury diamond jeweler and timepiece retailer has salons in key locations—including New York, Paris, London, Beijing, Shanghai, Hong Kong, Singapore, Tokyo and Beverly Hills.

The Swatch Group, based in Biel, Switzerland, is the world’s leading supplier of finished watches and watch movements and one of the world’s largest buyers of polished diamonds. The two companies previously said that they will explore the opportunities for a joint diamond polishing venture bringing together the manufacturing and diamond expertise of the two companies.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

The Harry Winston Salon in Harrods London department store.

The world-renowned Harry Winston luxury brand is now under new ownership. The Swatch Group Ltd. said late Tuesday that it has successfully completed the acquisition of the jewelry and timepiece retailer.

Swatch and Harry Winston Diamond Corp.,  now the prior owner of the brand, announced in January that the Harry Winston luxury retail division was being sold for $750 million plus the assumption of up to $250 million of pro forma net debt.

In addition to being a luxury jeweler and timepiece company, Harry Winston Diamond Corp. operates as a diamond mining business with a 40 percent ownership interest in the Diavik Diamond Mine. It is finalizing the purchase of the Ekati Diamond Mine, including its diamond sorting and sales facilities. Both mines are in the Northwest Territories of Canada.

Following the transaction, the company now is solely a diamond company and operates under the new name, Dominion Diamond Corp., while Swatch Group retains the Harry Winston brand name.

The U.S.-based luxury retail business was bought by the Canadian diamond mining group, Aber Corp., in 2006 to create the Harry Winston Diamond Corp., with divisions in luxury retail and diamond mining. It was listed on the New York Stock Exchange in 2007.

The brand’s namesake (Harry Winston, March 1, 1896 – December 28, 1978) founded the luxury retail company in 1932. He was among the most famous jewelers in the world and the first jeweler to lend jewels to an actress for the Oscars red carpet in 1944. He was also famous for donating the Hope Diamond to the Smithsonian Institution in Washington.

The luxury diamond jeweler and timepiece retailer has salons in key locations—including New York, Paris, London, Beijing, Shanghai, Hong Kong, Singapore, Tokyo and Beverly Hills.

The Swatch Group, based in Biel, Switzerland, is the world’s leading supplier of finished watches and watch movements and one of the world’s largest buyers of polished diamonds. The two companies previously said that they will explore the opportunities for a joint diamond polishing venture bringing together the manufacturing and diamond expertise of the two companies.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

reade more... Résuméabuiyad

Film Star Gina Lollobrigida To Auction Her Bulgari Jewels For Charity

Gina Lollobrigida wearing the Bulgari diamond necklace and bracelet combination as a tiara & the pair of emerald and diamond earclips. The items are included in the auction at Sotheby's Geneva.

Actress and sex symbol, Gina Lollobrigida, will sell 23 jewels from her Bulgari collection at Sotheby’s Geneva Magnificent Jewels and Noble Jewels Sale on May 14. The auction will feature important Bulgari jewels from the 1950s and 1960s, worn by Lollobrigida at landmark moments in her career. Proceeds from the sale will benefit stem cell research.

Key pieces from the collection will travel to Hong Kong, London, New York and Rome before returning for exhibition in Geneva in advance of the sale.

“I have been lucky enough to be given many roles in life – as an actor, a mother, a photojournalist, an ambassador for FAO (Food and Agriculture Organization of the United Nations), and as an artist,” Lollobrigida said. “I began collecting jewels from Bulgari in the 1950s and 1960s, drawn by the wonderful craftsmanship and distinctive style of these pieces. They accompanied me on many journeys—both professional and personal—and are redolent of those times and the extraordinary people I met along the way.”

She continued, “I have decided the time is right to share them with other collectors. In so doing, I can also help a cause very close to my heart, that of stem cell research – treatment, which I believe should be freely available to every child. It is my wish that part of the proceeds from the sale will contribute to help fund an international hospital for stem cell research.”

David Bennett, Sotheby’s Switzerland and jewelry, Europe and Middle East chairman, added: “These exceptional jewels are evocative of both a woman, and an era. Not only do they reflect Gina Lollobrigida’s brilliance, but they are among the finest designs created by Bulgari in the “dolce vita” years of the 1950s and 1960s.”

Highlights from the sale include:

* Diamond necklace and bracelet combination, Bulgari, 1954, (also worn by Miss Lollobrigida as a tiara) a favorite of Lollobrigida on landmark occasions, including receiving her 1961 Golden Globe for World Film Favorite – Female (estimate, $300,000 - $500,000).

* Pair of natural pearl and diamond pendants, Bulgari, 1964, worn by Lollobrigida on numerous public occasions, including to meet Princess Margaret at The Taming of the Shrew premiere in London in 1967 (estimate, $600,000 - $1 million).

* Diamond ring set with a cushion-shaped diamond weighing 19.03 carats, Bulgari, 1962 (estimate, $400,000-800,000).

* Emerald and diamond earclips, Bulgari, 1964. Each earclip suspends a detachable pendant set to the center with a pear-shaped emerald (estimate $150,000 - $250,000).

* Emerald and diamond brooch set to the center with a step-cut emerald weighing 27.57 carats (estimate, $150,000 - $250,000).

* Emerald and diamond ring, Bulgari, 1964, set with a step-cut emerald weighing 16.62 carats, framed by two rows of brilliant-cut diamonds (estimate $120,000 - $180,000).

For her commitment to various humanitarian organizations, she was nominated first Ambassadress for the FAO in 1999 and has worked closely with UNICEF, UNESCO, Médecins Sans Frontières, Mother Theresa of Calcutta and children in Romania.

In 2007, she received the honor from the Republic of San Marino of becoming the only woman to be featured in a special edition of four postal stamps bearing her portrait – each depicting a different facet of her career – as actor, photographer, sculptor and humanitarian. In 2008, in Washington, the Italian-American Foundation NIAF awarded her the “Lifetime Achievement Award” in recognition of her artistic life.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

Gina Lollobrigida wearing the Bulgari diamond necklace and bracelet combination as a tiara & the pair of emerald and diamond earclips. The items are included in the auction at Sotheby's Geneva.

Actress and sex symbol, Gina Lollobrigida, will sell 23 jewels from her Bulgari collection at Sotheby’s Geneva Magnificent Jewels and Noble Jewels Sale on May 14. The auction will feature important Bulgari jewels from the 1950s and 1960s, worn by Lollobrigida at landmark moments in her career. Proceeds from the sale will benefit stem cell research.

Key pieces from the collection will travel to Hong Kong, London, New York and Rome before returning for exhibition in Geneva in advance of the sale.

“I have been lucky enough to be given many roles in life – as an actor, a mother, a photojournalist, an ambassador for FAO (Food and Agriculture Organization of the United Nations), and as an artist,” Lollobrigida said. “I began collecting jewels from Bulgari in the 1950s and 1960s, drawn by the wonderful craftsmanship and distinctive style of these pieces. They accompanied me on many journeys—both professional and personal—and are redolent of those times and the extraordinary people I met along the way.”

She continued, “I have decided the time is right to share them with other collectors. In so doing, I can also help a cause very close to my heart, that of stem cell research – treatment, which I believe should be freely available to every child. It is my wish that part of the proceeds from the sale will contribute to help fund an international hospital for stem cell research.”

David Bennett, Sotheby’s Switzerland and jewelry, Europe and Middle East chairman, added: “These exceptional jewels are evocative of both a woman, and an era. Not only do they reflect Gina Lollobrigida’s brilliance, but they are among the finest designs created by Bulgari in the “dolce vita” years of the 1950s and 1960s.”

Highlights from the sale include:

* Diamond necklace and bracelet combination, Bulgari, 1954, (also worn by Miss Lollobrigida as a tiara) a favorite of Lollobrigida on landmark occasions, including receiving her 1961 Golden Globe for World Film Favorite – Female (estimate, $300,000 - $500,000).

* Pair of natural pearl and diamond pendants, Bulgari, 1964, worn by Lollobrigida on numerous public occasions, including to meet Princess Margaret at The Taming of the Shrew premiere in London in 1967 (estimate, $600,000 - $1 million).

* Diamond ring set with a cushion-shaped diamond weighing 19.03 carats, Bulgari, 1962 (estimate, $400,000-800,000).

* Emerald and diamond earclips, Bulgari, 1964. Each earclip suspends a detachable pendant set to the center with a pear-shaped emerald (estimate $150,000 - $250,000).

* Emerald and diamond brooch set to the center with a step-cut emerald weighing 27.57 carats (estimate, $150,000 - $250,000).

* Emerald and diamond ring, Bulgari, 1964, set with a step-cut emerald weighing 16.62 carats, framed by two rows of brilliant-cut diamonds (estimate $120,000 - $180,000).

For her commitment to various humanitarian organizations, she was nominated first Ambassadress for the FAO in 1999 and has worked closely with UNICEF, UNESCO, Médecins Sans Frontières, Mother Theresa of Calcutta and children in Romania.

In 2007, she received the honor from the Republic of San Marino of becoming the only woman to be featured in a special edition of four postal stamps bearing her portrait – each depicting a different facet of her career – as actor, photographer, sculptor and humanitarian. In 2008, in Washington, the Italian-American Foundation NIAF awarded her the “Lifetime Achievement Award” in recognition of her artistic life.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

reade more... Résuméabuiyad

Sotheby’s to Offer 75-Carat Diamond with $12 Million Price Tag

The centerpiece of Sotheby’s New York Magnificent Jewels sale on April 17 will be a 75-carat pear-shaped, D-color diamond that the auction house says it is “the most important white diamond ever to appear at auction in the Americas.” It is estimated to sell for $9 million to $12 million.

The spring auction will offer 400 lots of jewelry, gemstones and pearls with an estimated sale value of more than $35 million. Among the other offerings are the following:

* Fancy pink diamond and diamond pendant ear clips. The pear-shaped pendants weigh 5.79 and 5.68 carats. Its estimate is $3.5 million to $4.5 million

* From the Estate of Lynn Wolfson, a square emerald-cut diamond ring with a 21.46-carat, D color, Internally Flawless, type IIa diamond. Its estimate is $2.5 to $3.5 million.

Six jewels from the family of financier and railroad magnate Jay Gould acquired in the first half of the 20th Century. Among the items:
.
* From the Estate of Sarah Cantine Shrady Gould and Thence by Descent, an emerald and diamond brooch featuring a 22.48-carat, Classic Colombian emerald. Estimate $400,000 - $600,000.

* From the Estate of Florence Bacon Gould Sturgeon and Thence by Descent, an emerald and diamond ring with a 15.23-carat Classic Colombian emerald, circa 1930. Estimate $750,000 - $1 million.

Other highlights of the sale include:

* From a distinguished European collection, a carved colored stone, diamond and pearl “Tutti Frutti” Bracelet by Cartier. Estimate $300,000 - $500,000.

* Formerly from the collection of Katharine Dexter McCormick, a ruby and diamond ring featuring a 4.36-carat, classic Burmese ruby, circa 1900. Estimate $400,000 - $600,000

* From the Estate of Micheline Muselli Lerner, a diamond Rivière Necklace by Van Cleef & Arpels. Estimate $125000 - 175,000

* A diamond, onyx and emerald panther brooch by Cartier. Estimate $150,000 - $250,000

Highlights from the sale will be on view in the Hong Kong Convention & Exhibition Center April 3 – 7 before returning to New York for exhibition on April 13, alongside a selection of pieces from the upcoming Geneva auction of Magnificent Jewels & Noble Jewels.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

The centerpiece of Sotheby’s New York Magnificent Jewels sale on April 17 will be a 75-carat pear-shaped, D-color diamond that the auction house says it is “the most important white diamond ever to appear at auction in the Americas.” It is estimated to sell for $9 million to $12 million.

The spring auction will offer 400 lots of jewelry, gemstones and pearls with an estimated sale value of more than $35 million. Among the other offerings are the following:

* Fancy pink diamond and diamond pendant ear clips. The pear-shaped pendants weigh 5.79 and 5.68 carats. Its estimate is $3.5 million to $4.5 million

* From the Estate of Lynn Wolfson, a square emerald-cut diamond ring with a 21.46-carat, D color, Internally Flawless, type IIa diamond. Its estimate is $2.5 to $3.5 million.

Six jewels from the family of financier and railroad magnate Jay Gould acquired in the first half of the 20th Century. Among the items:
.
* From the Estate of Sarah Cantine Shrady Gould and Thence by Descent, an emerald and diamond brooch featuring a 22.48-carat, Classic Colombian emerald. Estimate $400,000 - $600,000.

* From the Estate of Florence Bacon Gould Sturgeon and Thence by Descent, an emerald and diamond ring with a 15.23-carat Classic Colombian emerald, circa 1930. Estimate $750,000 - $1 million.

Other highlights of the sale include:

* From a distinguished European collection, a carved colored stone, diamond and pearl “Tutti Frutti” Bracelet by Cartier. Estimate $300,000 - $500,000.

* Formerly from the collection of Katharine Dexter McCormick, a ruby and diamond ring featuring a 4.36-carat, classic Burmese ruby, circa 1900. Estimate $400,000 - $600,000

* From the Estate of Micheline Muselli Lerner, a diamond Rivière Necklace by Van Cleef & Arpels. Estimate $125000 - 175,000

* A diamond, onyx and emerald panther brooch by Cartier. Estimate $150,000 - $250,000

Highlights from the sale will be on view in the Hong Kong Convention & Exhibition Center April 3 – 7 before returning to New York for exhibition on April 13, alongside a selection of pieces from the upcoming Geneva auction of Magnificent Jewels & Noble Jewels.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

reade more... Résuméabuiyad

How to Choose Seed Beads

As some of you may know there are many difference in seed beads.  For those of you who are just starting to bead or craft, you may find that when choosing seed beads randomly may result in a project that may not go as it should.  

Last week I wrote an article for Crave Handmade, an online site for those in the crafting community, on the many choices of seed beads and where they come from.

Here is the link to it--http://www.cravehandmade.com/seed-beads/

Check it out and let me know what you think.

Happy Beading!

As some of you may know there are many difference in seed beads.  For those of you who are just starting to bead or craft, you may find that when choosing seed beads randomly may result in a project that may not go as it should.  

Last week I wrote an article for Crave Handmade, an online site for those in the crafting community, on the many choices of seed beads and where they come from.

Here is the link to it--http://www.cravehandmade.com/seed-beads/

Check it out and let me know what you think.

Happy Beading!

reade more... Résuméabuiyad

black gold jewelry

Folks are black gold jewelry  generating jewellery out of platinum for some time. Artisans through the Copper mineral Get older started out dealing with the particular silver since the particular fourth centuries B . C .. Silver had been black gold jewelry  precious for the magnificence, rarity, and also usefulness by means of a lot of the good civilizations connected with antiquity. This Early Egyptians experienced an exclusive partnership while using the steel. Investments in exploration technological innovation along black gold jewelry  with a determination to be able to prospecting produced platinum one of their own black gold jewelry  most effective organic methods.

This Greeks had been additionally fond of platinum, even so the Romans had been totally enthusiastic about the item. Their particular enormous empire afforded them having access to lands where the steel could be taken on the huge size.

 Roman technical engineers devised hydraulic exploration techniques, that helped the crooks to collect platinum in large amounts. Prior to this time around, platinum had been only possessed or even worn by means of kings, queens, as well as other aristocrats. It absolutely was rarely bought and black gold jewelry  sold or even changed because of the hoi polloi. This Romans had been the primary to utilize platinum as a popular sort of foreign currency. Their particular overall fiscal technique had been dependant on a platinum gold black gold jewelry  coin referred to as the particular aureus, which was black gold jewelry  additional important and also rarer than a silver gold coin generally known as the particular denarius.

Silver Diamond jewelry

About 50 % of from the platinum that's mined annually is employed to generate attractive equipment. It is very easily typically the most popular from the gold and silver coins. There are lots of the reason why platinum never appears to walk out style. The most obvious you are it's look. Zero some other attractive steel looks anything at all similar to platinum. Almost all include silvery, grayish, or even whitish shades. Silver, alternatively, includes a vivid orange shine it challenging to be able to duplicate and also pretty much unshakable. And because oahu is the nearly all malleable and also ductile steel on the planet, it is usually effortless to utilize.

Even as we mentioned first, individuals are generating jewellery out of platinum intended for a huge number of a long time. To experience a profession as a Goldsmith had been an important and also respectable profession in a lot of the ancient cultures which experienced having access to the particular steel. Within old European black gold jewelry  union these types of knowledgeable black gold jewelry  artisans created guilds and also needed substantial salaries for providers. Almost all proved helpful intended for wealthy people and also produced particularly complicated is effective connected with wearable art work.

Where by are generally we now?

Eventhough it will be additional widely available and also affordable compared to it had been before, platinum has not yet lost it's symbolic price or even overall appeal. It is nevertheless a common mark black gold jewelry  connected with purity, vips, rarity, and also price. Almost all purists still find it the one steel that you should employed to make marriage wedding rings and a lot some other articles connected with jewellery. The cost of platinum features risen appreciably recently, which suggests platinum jewellery is very high-priced.

Donning Silver Diamond jewelry

Almost all decorative equipment include sometimes a platinum or even silver colour. Gold is actually a cool tone, given it is related to shades which are worn inside winter weather and also summer season, whilst platinum is a cozy tone, given it sets best using shades for your fall and also springtime. Based on manner experts, platinum jewellery must be worn using cozy shades which are older, moderate, loaded, and also earthy. These black gold jewelry  people consist of shades similar black gold jewelry  to reddish, red, dreary, lotion, olive, light-weight brown leafy, and also black gold jewelry  oyster intended for fall. This shades must be cozy but somewhat richer for your springtime. Sunlit shades similar to salmon, teal, and also turquoise glimpse good using platinum jewellery, or even vice versa. Why not consider black color?

Although black color is mostly thought to be a winter weather colour, what's more, it looks good using platinum. Merely do not overdo the item! A few girls have on a whole lot platinum jewellery with their little black color garments that this total effect will be damage, or even worse yet, many people glimpse showy! Bear in mind, much less will be additional, particularly black gold jewelry  with regards to platinum black gold jewelry  jewellery. Some sort of platinum pendant or a diamond could be the perfect go with to your ensemble, but using both might be a lot of.

How to Reduce costs with Silver

Silver is usually an particularly delicate steel, meaning the item black gold jewelry  have to be alloyed using some other alloys to generate the item strong plenty of to utilize. These kinds of some other steel aren't only stronger compared to platinum, they are also a great deal more cost-effective. Quite black gold jewelry  simply, the low the particular cartage, the particular much less you can pay out. Pure platinum (24k) is actually never employed to make jewellery. Typically the most popular cartage will be 18k, which is 75% genuine platinum and also 25% basic steel, normally copper mineral.

Diamond jewelry buffs may preserve beaucoup us dollars with platinum wedding rings and also necklaces that incorporate additional copper mineral (or an additional alloy) and also much less platinum. Some sort of 14k or even 10k ornament are available intended for hundreds, also 1000's below you are 22k or even 18k platinum. Furthermore, these types of black gold jewelry  equipment black gold jewelry  are generally almost indistinguishable via 1 another.
        
Silver jewellery are available black gold jewelry  from reasonably competitive charges via reputable sellers on the internet.

Folks are black gold jewelry  generating jewellery out of platinum for some time. Artisans through the Copper mineral Get older started out dealing with the particular silver since the particular fourth centuries B . C .. Silver had been black gold jewelry  precious for the magnificence, rarity, and also usefulness by means of a lot of the good civilizations connected with antiquity. This Early Egyptians experienced an exclusive partnership while using the steel. Investments in exploration technological innovation along black gold jewelry  with a determination to be able to prospecting produced platinum one of their own black gold jewelry  most effective organic methods.

This Greeks had been additionally fond of platinum, even so the Romans had been totally enthusiastic about the item. Their particular enormous empire afforded them having access to lands where the steel could be taken on the huge size.

 Roman technical engineers devised hydraulic exploration techniques, that helped the crooks to collect platinum in large amounts. Prior to this time around, platinum had been only possessed or even worn by means of kings, queens, as well as other aristocrats. It absolutely was rarely bought and black gold jewelry  sold or even changed because of the hoi polloi. This Romans had been the primary to utilize platinum as a popular sort of foreign currency. Their particular overall fiscal technique had been dependant on a platinum gold black gold jewelry  coin referred to as the particular aureus, which was black gold jewelry  additional important and also rarer than a silver gold coin generally known as the particular denarius.

Silver Diamond jewelry

About 50 % of from the platinum that's mined annually is employed to generate attractive equipment. It is very easily typically the most popular from the gold and silver coins. There are lots of the reason why platinum never appears to walk out style. The most obvious you are it's look. Zero some other attractive steel looks anything at all similar to platinum. Almost all include silvery, grayish, or even whitish shades. Silver, alternatively, includes a vivid orange shine it challenging to be able to duplicate and also pretty much unshakable. And because oahu is the nearly all malleable and also ductile steel on the planet, it is usually effortless to utilize.

Even as we mentioned first, individuals are generating jewellery out of platinum intended for a huge number of a long time. To experience a profession as a Goldsmith had been an important and also respectable profession in a lot of the ancient cultures which experienced having access to the particular steel. Within old European black gold jewelry  union these types of knowledgeable black gold jewelry  artisans created guilds and also needed substantial salaries for providers. Almost all proved helpful intended for wealthy people and also produced particularly complicated is effective connected with wearable art work.

Where by are generally we now?

Eventhough it will be additional widely available and also affordable compared to it had been before, platinum has not yet lost it's symbolic price or even overall appeal. It is nevertheless a common mark black gold jewelry  connected with purity, vips, rarity, and also price. Almost all purists still find it the one steel that you should employed to make marriage wedding rings and a lot some other articles connected with jewellery. The cost of platinum features risen appreciably recently, which suggests platinum jewellery is very high-priced.

Donning Silver Diamond jewelry

Almost all decorative equipment include sometimes a platinum or even silver colour. Gold is actually a cool tone, given it is related to shades which are worn inside winter weather and also summer season, whilst platinum is a cozy tone, given it sets best using shades for your fall and also springtime. Based on manner experts, platinum jewellery must be worn using cozy shades which are older, moderate, loaded, and also earthy. These black gold jewelry  people consist of shades similar black gold jewelry  to reddish, red, dreary, lotion, olive, light-weight brown leafy, and also black gold jewelry  oyster intended for fall. This shades must be cozy but somewhat richer for your springtime. Sunlit shades similar to salmon, teal, and also turquoise glimpse good using platinum jewellery, or even vice versa. Why not consider black color?

Although black color is mostly thought to be a winter weather colour, what's more, it looks good using platinum. Merely do not overdo the item! A few girls have on a whole lot platinum jewellery with their little black color garments that this total effect will be damage, or even worse yet, many people glimpse showy! Bear in mind, much less will be additional, particularly black gold jewelry  with regards to platinum black gold jewelry  jewellery. Some sort of platinum pendant or a diamond could be the perfect go with to your ensemble, but using both might be a lot of.

How to Reduce costs with Silver

Silver is usually an particularly delicate steel, meaning the item black gold jewelry  have to be alloyed using some other alloys to generate the item strong plenty of to utilize. These kinds of some other steel aren't only stronger compared to platinum, they are also a great deal more cost-effective. Quite black gold jewelry  simply, the low the particular cartage, the particular much less you can pay out. Pure platinum (24k) is actually never employed to make jewellery. Typically the most popular cartage will be 18k, which is 75% genuine platinum and also 25% basic steel, normally copper mineral.

Diamond jewelry buffs may preserve beaucoup us dollars with platinum wedding rings and also necklaces that incorporate additional copper mineral (or an additional alloy) and also much less platinum. Some sort of 14k or even 10k ornament are available intended for hundreds, also 1000's below you are 22k or even 18k platinum. Furthermore, these types of black gold jewelry  equipment black gold jewelry  are generally almost indistinguishable via 1 another.
        
Silver jewellery are available black gold jewelry  from reasonably competitive charges via reputable sellers on the internet.

reade more... Résuméabuiyad

Why is this Rare metal Bracelets Becomes White Occasionally?

Sometimes clients go to myself and have the reason why their particular precious metal jewelry out of the blue adjustments colour or perhaps provides white areas, being concerned that they may have obtained a new bogus.

Actually, normally these concerns are generally pointless. Under usual situation, as long as it's ordered coming from a standard precious metal shop, the quality of this precious metal jewelry is actually assured. After a tiny jewelry cleanup by some employees in a very precious metal shop, this white areas on the precious metal will cease to exist, along with the jewelry is going to be re-lit while new.

The reason would likely this happen? Why this precious metal jewelry transforms white? Precious metal is among the natural the majority of steady metals, in addition to it doesn't reply along with virtually any oxide propane within the oxygen on space temperatures, nor along with three major acid solution (sulfuric acid solution, nitric acid solution, hydrochloric acid) or perhaps fragile acid solution.

 Simply aqua regia (a mixture of hydrochloric in addition to nitric acid) may corrode this. Although mercury is surely an different, it is very all to easy to reply along with precious metal in addition to develop a white chemical substance referred to as amalgam. Thus, once the precious metal jewelry is actually come across mercury, it will flip white quickly. And since mercury is actually volatile, it might result in tinting connected with precious metal also coming from a length.

This might happen in your home, since mercury or perhaps mercury-type substances really exist in several liquids, cosmetic makeup products in addition to skincare products. In case precious metal is actually come across these products, it's probably to improve it's colour, transforming white, dreary, or perhaps black. Numerous gals possess a pattern connected with making use of skincare item previous to touching their particular jewelry, which are this substances contact this precious metal straight in addition to will cause tinting on the jewelry. Also, perfume, hair aerosol, beach drinking water, damages drinking water, in addition to filth attributable to long-term putting on, will also be likely to create precious metal jewelry transform it's colour or perhaps diminish. This has nothing at all regarding this chastity on the precious metal, in addition to it doesn't mean this jewelry is usually a bogus.

Precious metal jewelry need to be held coming from one on one contact with this substances referred, and really should be wiped clean routinely. And if the counter connected with precious metal jewelry provides altered colour, don't work with a challenging target or perhaps application for you to get rid of this altered part. The precise technique is with booze light or perhaps welding flashlight which can be utilised in jewelry running for you to high temperature this white section of the precious metal, so that mercury may sublimate from amalgam in addition to different coming from precious metal.

 If your jewelry gets cool, remember to brush this gently using a toothbrush, after which it wipe this in addition to click this challenging a couple of occasions using a delicate textile, after which this precious metal will recover it's colour. Although don't test to do this using a brighter, since the jewelry will flip african american quickly pertaining to unfinished combustion on the propane. Nited kingdom precious metal in addition to inlaid jewelry don't fit using this method, they must be taken up this precious metal shop to obtain different medicine.
          
Nonetheless, if shoppers accomplish include questions in relation to the quality of their particular jewelry, they need to navigate to the specialized team and have this jewelry discovered as soon as possible.

Sometimes clients go to myself and have the reason why their particular precious metal jewelry out of the blue adjustments colour or perhaps provides white areas, being concerned that they may have obtained a new bogus.

Actually, normally these concerns are generally pointless. Under usual situation, as long as it's ordered coming from a standard precious metal shop, the quality of this precious metal jewelry is actually assured. After a tiny jewelry cleanup by some employees in a very precious metal shop, this white areas on the precious metal will cease to exist, along with the jewelry is going to be re-lit while new.

The reason would likely this happen? Why this precious metal jewelry transforms white? Precious metal is among the natural the majority of steady metals, in addition to it doesn't reply along with virtually any oxide propane within the oxygen on space temperatures, nor along with three major acid solution (sulfuric acid solution, nitric acid solution, hydrochloric acid) or perhaps fragile acid solution.

 Simply aqua regia (a mixture of hydrochloric in addition to nitric acid) may corrode this. Although mercury is surely an different, it is very all to easy to reply along with precious metal in addition to develop a white chemical substance referred to as amalgam. Thus, once the precious metal jewelry is actually come across mercury, it will flip white quickly. And since mercury is actually volatile, it might result in tinting connected with precious metal also coming from a length.

This might happen in your home, since mercury or perhaps mercury-type substances really exist in several liquids, cosmetic makeup products in addition to skincare products. In case precious metal is actually come across these products, it's probably to improve it's colour, transforming white, dreary, or perhaps black. Numerous gals possess a pattern connected with making use of skincare item previous to touching their particular jewelry, which are this substances contact this precious metal straight in addition to will cause tinting on the jewelry. Also, perfume, hair aerosol, beach drinking water, damages drinking water, in addition to filth attributable to long-term putting on, will also be likely to create precious metal jewelry transform it's colour or perhaps diminish. This has nothing at all regarding this chastity on the precious metal, in addition to it doesn't mean this jewelry is usually a bogus.

Precious metal jewelry need to be held coming from one on one contact with this substances referred, and really should be wiped clean routinely. And if the counter connected with precious metal jewelry provides altered colour, don't work with a challenging target or perhaps application for you to get rid of this altered part. The precise technique is with booze light or perhaps welding flashlight which can be utilised in jewelry running for you to high temperature this white section of the precious metal, so that mercury may sublimate from amalgam in addition to different coming from precious metal.

 If your jewelry gets cool, remember to brush this gently using a toothbrush, after which it wipe this in addition to click this challenging a couple of occasions using a delicate textile, after which this precious metal will recover it's colour. Although don't test to do this using a brighter, since the jewelry will flip african american quickly pertaining to unfinished combustion on the propane. Nited kingdom precious metal in addition to inlaid jewelry don't fit using this method, they must be taken up this precious metal shop to obtain different medicine.
          
Nonetheless, if shoppers accomplish include questions in relation to the quality of their particular jewelry, they need to navigate to the specialized team and have this jewelry discovered as soon as possible.

reade more... Résuméabuiyad

black gold jewelry

Platinum jewellery black gold jewelry is usually an vital record piece in a fine jewelry attire. It could put black gold jewelry exactly the right highlight to be able to almost any attire as well as will come in quite a few models, textures as well as shades in order that you'll find what exactly performs for the particular model.

Probably the most well-known ways of wearing precious metal jewellery is the restrain hyperlink diamond necklace or even pendant. Your massive precious metal stores along with backlinks how big is fence may possibly benefit black gold jewelry tough guys, but they're definitely not vogue bits. Usually the hyperlink measurement associated with jewellery staple bits needs to be scored within millimeters as well as although adult males could have on chunkier stores than ladies, on the whole this can be a model choice. Women may well have on bigger backlinks should the backlinks remain fine.

Textures change lives within the black gold jewelry design of precious metal stores. Your vintage black gold jewelry herringbone chain provides search associated with backlinks, nevertheless sits smooth round the neck or even wrist as well as successful along with quite a few clothing models. Expensive embossed precious metal bits are generally work better along with simply models as well as un-patterned clothing so that the pattern can be viewed.

Playing with colour is often a intelligent black gold jewelry strategy to put precious metal stores for a jewellery attire. Widespread precious metal shades tend to be yellowish, white as well as flower precious black gold jewelry metal, although these kind of could be put together straight into a pair of sculpt as well as several colour precious metal bits.

Large sculpt in the precious metal is better coordinated with the skin tone colors in the individual wearing. Women along with black locks, glowing blue undertone skin tone as well as "winter" or even "summer" colour choices search very best along with white precious metal jewellery. Women along with fairer or even red locks, yellowish skin tone undertones as well as "spring" or even "fall" colour choices search beneficial wearing yellowish or even flower precious metal.

Even so, using colour is often a intelligent strategy to put precious metal jewellery for a jewellery attire. Why not experience the very best associated with colour combines? Picking a a pair of colour yellowish black gold jewelry as well as white precious metal chain provides this particular diamond necklace a double lifetime, functioning nicely along with additional gold or even precious metal gadgets. As well as increase black gold jewelry the flexibleness of your respective jewellery by means of choosing a attempt colour piece. Your mixture of yellowish, flower as well as white precious metal seems to be beneficial about almost any skin tone.

Much less frequent colour alternatives tend to be green as well as dark precious metal. Eco-friendly precious metal is manufactured out of 75% precious metal as well as 25% gold. This particular combination makes a yellow-green look of which seems to be great about "spring" as well as "fall" ladies! Dark precious metal arises from a mix of precious metal along with dark rhodium or even carbon dioxide as well as seems to be beneficial about "summer" as well as "winter" ladies.
       
Do not get worried if you cannot decide on all black gold jewelry these distinct shades! A sensational scene to be able to. Mixing up as well as complementing precious metal shades about distinct bits of black gold jewelry jewellery can be quite stylish, as well as when you keep the models, dimensions as well as colors in the bits secondary for a search, you black gold jewelry  may appear trendy!

Platinum jewellery black gold jewelry is usually an vital record piece in a fine jewelry attire. It could put black gold jewelry exactly the right highlight to be able to almost any attire as well as will come in quite a few models, textures as well as shades in order that you'll find what exactly performs for the particular model.

Probably the most well-known ways of wearing precious metal jewellery is the restrain hyperlink diamond necklace or even pendant. Your massive precious metal stores along with backlinks how big is fence may possibly benefit black gold jewelry tough guys, but they're definitely not vogue bits. Usually the hyperlink measurement associated with jewellery staple bits needs to be scored within millimeters as well as although adult males could have on chunkier stores than ladies, on the whole this can be a model choice. Women may well have on bigger backlinks should the backlinks remain fine.

Textures change lives within the black gold jewelry design of precious metal stores. Your vintage black gold jewelry herringbone chain provides search associated with backlinks, nevertheless sits smooth round the neck or even wrist as well as successful along with quite a few clothing models. Expensive embossed precious metal bits are generally work better along with simply models as well as un-patterned clothing so that the pattern can be viewed.

Playing with colour is often a intelligent black gold jewelry strategy to put precious metal stores for a jewellery attire. Widespread precious metal shades tend to be yellowish, white as well as flower precious black gold jewelry metal, although these kind of could be put together straight into a pair of sculpt as well as several colour precious metal bits.

Large sculpt in the precious metal is better coordinated with the skin tone colors in the individual wearing. Women along with black locks, glowing blue undertone skin tone as well as "winter" or even "summer" colour choices search very best along with white precious metal jewellery. Women along with fairer or even red locks, yellowish skin tone undertones as well as "spring" or even "fall" colour choices search beneficial wearing yellowish or even flower precious metal.

Even so, using colour is often a intelligent strategy to put precious metal jewellery for a jewellery attire. Why not experience the very best associated with colour combines? Picking a a pair of colour yellowish black gold jewelry as well as white precious metal chain provides this particular diamond necklace a double lifetime, functioning nicely along with additional gold or even precious metal gadgets. As well as increase black gold jewelry the flexibleness of your respective jewellery by means of choosing a attempt colour piece. Your mixture of yellowish, flower as well as white precious metal seems to be beneficial about almost any skin tone.

Much less frequent colour alternatives tend to be green as well as dark precious metal. Eco-friendly precious metal is manufactured out of 75% precious metal as well as 25% gold. This particular combination makes a yellow-green look of which seems to be great about "spring" as well as "fall" ladies! Dark precious metal arises from a mix of precious metal along with dark rhodium or even carbon dioxide as well as seems to be beneficial about "summer" as well as "winter" ladies.
       
Do not get worried if you cannot decide on all black gold jewelry these distinct shades! A sensational scene to be able to. Mixing up as well as complementing precious metal shades about distinct bits of black gold jewelry jewellery can be quite stylish, as well as when you keep the models, dimensions as well as colors in the bits secondary for a search, you black gold jewelry  may appear trendy!

reade more... Résuméabuiyad

The Whole Bead Show Came To New York!!!

This past weekend is one I looked forward to all year.  The Whole Bead Show visits New York City! Those of you in other states seem to always get these wonderful bead shows, but for us bead lovers in New York they only come twice a year.

I was unable to attend the one in October, so it was important for me not to miss this one!  I grabbed my gal pal, and fellow bead lover Lori, and we were on our way!

Notice the overly happy grin on my face!!!!

Every year the Whole Bead Show is held in lower Manhattan at the Metropolitan Pavilion on west 18th street.  The Pavilion is a huge facility and the bead show can be overwhelming because of the size of this place. I usually show up on opening day early so that I can receive my wholesale tag and get my shop on, before the heavy crowds begin to fill the place. My tag allows me access to the show for the full weekend!

When the doors are finally opened what greets you is rows and rows of beads!!!  At this point I have to remind myself to breathe!

This year I had a special treat.  I was able to meet Maureen Oliveto, the inventor of the Easy Knotter! Last week I did a product review on the Easy Knotter (http://fhcreations.blogspot.com/2013/03/product-review-easy-knotter.html), so this was a real treat to meet her!

Maureen or Reenie, as everyone calls her, not only had her product available for purchase, but was giving tutorials of how to use it!  It was so great to meet her, and have her show me personally how to use the product! You can purchase the Easy Knotter at her website http://designsbyreenie.com/or on Amazon.com.    Maureen also has a new product called the Bracelet Valet.  I will give a product review on that this Wednesday!  

My friend Lori and I really had a good time meeting other vendors as well! We also put a small hurting on our wallets, but it was well worth the discounted purchases we received.

a small sample of what we purchased!

  If the Whole Bead Show ever comes to your town I highly recommend you attending.

Happy Beading!!!!!

This past weekend is one I looked forward to all year.  The Whole Bead Show visits New York City! Those of you in other states seem to always get these wonderful bead shows, but for us bead lovers in New York they only come twice a year.

I was unable to attend the one in October, so it was important for me not to miss this one!  I grabbed my gal pal, and fellow bead lover Lori, and we were on our way!

Notice the overly happy grin on my face!!!!

Every year the Whole Bead Show is held in lower Manhattan at the Metropolitan Pavilion on west 18th street.  The Pavilion is a huge facility and the bead show can be overwhelming because of the size of this place. I usually show up on opening day early so that I can receive my wholesale tag and get my shop on, before the heavy crowds begin to fill the place. My tag allows me access to the show for the full weekend!

When the doors are finally opened what greets you is rows and rows of beads!!!  At this point I have to remind myself to breathe!

This year I had a special treat.  I was able to meet Maureen Oliveto, the inventor of the Easy Knotter! Last week I did a product review on the Easy Knotter (http://fhcreations.blogspot.com/2013/03/product-review-easy-knotter.html), so this was a real treat to meet her!

Maureen or Reenie, as everyone calls her, not only had her product available for purchase, but was giving tutorials of how to use it!  It was so great to meet her, and have her show me personally how to use the product! You can purchase the Easy Knotter at her website http://designsbyreenie.com/or on Amazon.com.    Maureen also has a new product called the Bracelet Valet.  I will give a product review on that this Wednesday!  

My friend Lori and I really had a good time meeting other vendors as well! We also put a small hurting on our wallets, but it was well worth the discounted purchases we received.

a small sample of what we purchased!

  If the Whole Bead Show ever comes to your town I highly recommend you attending.

Happy Beading!!!!!

reade more... Résuméabuiyad

Napoleon’s Engagement Ring to Joséphine Sells for $948,000

The engagement ring that Napoleon Bonaparte gave to his future wife Joséphine in 1796 sold for more than $948,000 (not including commission and other fees) at auction in France on Sunday—shattering its high estimate of $20,000.

The gold ring, with an origin listed as 18th Century, is adorned with two pear-shaped stones (also described as “tear shaped” in media reports), a blue sapphire and diamond that rest side by side facing opposite directions. Each gem weighed one carat each, according to the auction house.

Bidding at the at the Osenat auction house in Fontainebleau opened at 10,000 euros but the first bid was for 50,000 euros and quickly went up to $130,000 euros, then pacing itself to $450,000. Several bouts of laughter were heard during the bidding as seen through the auction house’s live website. Right before the hammer fell at 630,000 euros someone pushed it to 640,000, which produced more laughter. After approximately 50 bids, the ring sold for 730,000 euros.

The sale was held Sunday to honor the 250th anniversary of Joséphine's birth, according to reports. The ring was described as modest by the auction house, purchased from someone who had not yet acquired great wealth and power. However, it gain a lot of international interest based on its historical significance.

Empress Joséphine was 32 years old, six years older than Napoleon, and a widow with a son and daughter at the time of their marriage on March 9, 1796, just before Napoleon departed for his Italian command, according to the auction house.

The ring is from the collection of Emperor Napoleon III and Empress Eugenie, according to the auction house. Napoleon III, the last monarch of France, was the nephew and heir of Napoleon. It was sold at Sunday’s auction of the “Collection of Prince Victor Napoleon and Princess Clementine of Belgium.”  

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

The engagement ring that Napoleon Bonaparte gave to his future wife Joséphine in 1796 sold for more than $948,000 (not including commission and other fees) at auction in France on Sunday—shattering its high estimate of $20,000.

The gold ring, with an origin listed as 18th Century, is adorned with two pear-shaped stones (also described as “tear shaped” in media reports), a blue sapphire and diamond that rest side by side facing opposite directions. Each gem weighed one carat each, according to the auction house.

Bidding at the at the Osenat auction house in Fontainebleau opened at 10,000 euros but the first bid was for 50,000 euros and quickly went up to $130,000 euros, then pacing itself to $450,000. Several bouts of laughter were heard during the bidding as seen through the auction house’s live website. Right before the hammer fell at 630,000 euros someone pushed it to 640,000, which produced more laughter. After approximately 50 bids, the ring sold for 730,000 euros.

The sale was held Sunday to honor the 250th anniversary of Joséphine's birth, according to reports. The ring was described as modest by the auction house, purchased from someone who had not yet acquired great wealth and power. However, it gain a lot of international interest based on its historical significance.

Empress Joséphine was 32 years old, six years older than Napoleon, and a widow with a son and daughter at the time of their marriage on March 9, 1796, just before Napoleon departed for his Italian command, according to the auction house.

The ring is from the collection of Emperor Napoleon III and Empress Eugenie, according to the auction house. Napoleon III, the last monarch of France, was the nephew and heir of Napoleon. It was sold at Sunday’s auction of the “Collection of Prince Victor Napoleon and Princess Clementine of Belgium.”  

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

reade more... Résuméabuiyad

New In My Etsy Store This Week 3/22/2013

https://www.etsy.com/listing/127097052/bead-woven-swarovski-cream-pearl-wedding?ref=pr_shop

So I decided to add another wedding set to my store.  I got my hands on some creamy Swarovski pearls and Golden Shadow Swarovski Crystals.  I love the look of this with the matching earrings.

I also added one more ring to my etsy store.  This green is so pretty!

https://www.etsy.com/listing/126826320/sterling-silver-filled-wire-wrapped-ring?ref=pr_shop

https://www.etsy.com/listing/127097052/bead-woven-swarovski-cream-pearl-wedding?ref=pr_shop

So I decided to add another wedding set to my store.  I got my hands on some creamy Swarovski pearls and Golden Shadow Swarovski Crystals.  I love the look of this with the matching earrings.

I also added one more ring to my etsy store.  This green is so pretty!

https://www.etsy.com/listing/126826320/sterling-silver-filled-wire-wrapped-ring?ref=pr_shop

reade more... Résuméabuiyad

Tiffany’s Q4 and Full-Year Sales Up 4%

Tiffany & Co. said Friday net sales in the fourth quarter increased 4 percent to $1.2 billion year-over-year and net earnings rose 1 percent to $180 million. On a constant-exchange-rate basis that excludes the effect of translating foreign-currency-denominated sales into U.S. dollars, worldwide net sales rose 5 percent, for the period ended Jan. 31, due to growth in all regions and comparable store sales equaled the prior year.

For the year, also ended January 31, worldwide net sales increased 4 percent to $3.8 billion, year-over-year, while net earnings declined 5 percent to $416 million. Earnings fell 11 percent when excluding nonrecurring items in the prior year.

“These quarterly sales results were consistent with the holiday trends we had issued in early January,” said Michael J. Kowalski, Tiffany chairman and CEO. “While financial results in fiscal 2012 were disappointing due to lower-than-expected sales growth and pressures on gross margin, we continued to maintain a longer-term focus on strengthening global awareness of the Tiffany & Co. brand and on further developing compelling product offerings.”

Kowalski took an optimistic tone for Tiffany’s 2013 outlook. “We will be pursuing important growth opportunities in 2013, with plans including exciting new jewelry collections, enhanced customer communications through print and digital media, and expansion of our global base with additional stores,” he said. “Tiffany is well positioned to achieve net earnings growth of 6 percent – 9 percent and healthy free cash flow.”

Net sales highlights are as follows:

* Total sales in the Americas region increased 2 percent to $620 million in the fourth quarter and 2 percent to $1.8 billion in the full year (representing 48 percent of 2012 worldwide sales). On a constant-exchange-rate basis, total sales increased 2 percent in both the quarter and full year; on that basis, comparable store sales declined 2 percent in both the quarter and full year. Sales in the New York flagship store fell 3 percent in both the quarter and full year, while comparable branch store sales were 2 percent below both prior-year periods with no meaningful geographical differences in the U.S.). Internet and catalog sales rose 6 percent and 4 percent in the fourth quarter and full year.

* In the Asia-Pacific region, total sales rose 13 percent to $254 million in the fourth quarter and 8% to $810 million, or 21% of worldwide sales, in the full year. On a constant-exchange-rate basis, total sales rose 10% in the fourth quarter due to sales growth in Greater China and in other markets and rose 8% in the full year; on that basis, comparable store sales rose 6% in the quarter and 2% in the full year.

* Total sales in Japan declined 6 percent to $192 million in the fourth quarter, reflecting a weaker Japanese yen versus the U.S. dollar. Sales for the full year increased 4 percent to $639 million, or 17 percent. However, on a constant-exchange-rate basis, total sales rose 2 percent in the quarter and 6 percent. Comparable store sales rose 2 percent and 7 percent in the quarter and full year.

* In Europe, total sales increased 3 percent to $146 million in the fourth quarter due to mixed performances by country and also rose 3% to $432 million, or 11% of worldwide sales, in the full year. On a constant-exchange-rate basis, total sales increased 3% and 7% in the quarter and full year and comparable store sales were unchanged in the quarter and rose 2% in the full year.

* Sales categorized “Other,” nearly doubled to $24 million in the fourth quarter and rose 41 percent to $73 million in the full year. The strong growth in both periods reflected the conversion in July of five Tiffany & Co. stores in the United Arab Emirates from independently-operated distribution to company-operated retail stores.

* Tiffany added 28 company-operated stores in the full year: 13 in the Americas with four in the U.S., six in Canada (including four department-store boutiques in Canada that were converted to company-operated locations), two in Mexico and one in Brazil; eight in Asia-Pacific including six in China, one in Australia and one in Singapore; two in Europe including one in France and one in the Czech Republic; and the five stores in the U.A.E. The company currently operates 275 stores (115 in the Americas, 66 in Asia-Pacific, 55 in Japan, 34 in Europe and five in the U.A.E.), compared with 247 stores a year ago.

Tiffany’s other financial highlights:

* Gross margins (gross profit as a percentage of net sales) of 59.1 percent in the fourth quarter and 57 percent for the full year were below margins of 60.4 percent and 59 percent in the respective prior-year periods. The declines largely reflected pressures from precious metal and diamond costs; a shift in sales mix toward higher-priced, lower margin products; and reduced sales leverage on fixed costs.

* SG&A (selling, general and administrative) expenses increased 2 percent in the fourth quarter. In the full year, SG&A expenses increased 2 percent; however, if nonrecurring costs related to the 2011 relocation of Tiffany's New York headquarters staff were excluded, SG&A expense would have increased 5 percent (see "Non-GAAP Measures" schedule) in the full year due to store occupancy costs related to new and existing stores, increased marketing spending and higher labor costs.

* Other expenses, net were $14 million and $54 million in the fourth quarter and full year, compared with $13 million and $43 million in the respective prior-year periods. Increased average borrowing levels have resulted in higher interest expense in both periods.

* Net inventories of $2.2 billion at January 31 were 8 percent higher than the prior year-end, reflecting 13 percent growth in finished goods inventory and 2 percent growth in combined raw materials and work-in-process, all to support new store openings and expanded product assortments.

* Capital expenditures of $220 million in 2012 were modestly lower than $239 million in the prior year; 2011 had included expenditures for the relocation of Tiffany's headquarters staff.

* In the full year, the company spent $54 million to repurchase approximately 813,000 shares of its Common Stock at an average cost of $66.54 per share, but did not repurchase shares in the fourth quarter. Approximately $164 million remains available for repurchases under the currently authorized program which expires in January 2014.

In its outlook, the company expects worldwide net sales to grow 6 percent to 8 percent in U.S dollars. On a constant-exchange-rate basis, an expected high-single-digit percentage increase in worldwide net sales includes sales growth in all regions, ranging from a mid-teens percentage increase in Asia-Pacific to a low-single-digit increase in Japan.

The company said it plans to open 15 new company-operated stores including five in the Americas, seven in Asia-Pacific, three in Europe; while closing one in Japan. It also plans  and to refurbish a number of existing locations around the world.

It expects net earnings from operations increasing 6 percent to 9 percent to a range of $3.43-$3.53 per diluted share. Net earnings from operations are expected to decline approximately 15 percent- 20 percent in the first quarter due to gross margin pressure and higher marketing-related costs, to be followed by earnings growth in all subsequent quarters. In addition, this forecast excludes $0.05 per diluted share of expected first quarter charges for staffing and occupancy adjustments.


Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

Tiffany & Co. said Friday net sales in the fourth quarter increased 4 percent to $1.2 billion year-over-year and net earnings rose 1 percent to $180 million. On a constant-exchange-rate basis that excludes the effect of translating foreign-currency-denominated sales into U.S. dollars, worldwide net sales rose 5 percent, for the period ended Jan. 31, due to growth in all regions and comparable store sales equaled the prior year.

For the year, also ended January 31, worldwide net sales increased 4 percent to $3.8 billion, year-over-year, while net earnings declined 5 percent to $416 million. Earnings fell 11 percent when excluding nonrecurring items in the prior year.

“These quarterly sales results were consistent with the holiday trends we had issued in early January,” said Michael J. Kowalski, Tiffany chairman and CEO. “While financial results in fiscal 2012 were disappointing due to lower-than-expected sales growth and pressures on gross margin, we continued to maintain a longer-term focus on strengthening global awareness of the Tiffany & Co. brand and on further developing compelling product offerings.”

Kowalski took an optimistic tone for Tiffany’s 2013 outlook. “We will be pursuing important growth opportunities in 2013, with plans including exciting new jewelry collections, enhanced customer communications through print and digital media, and expansion of our global base with additional stores,” he said. “Tiffany is well positioned to achieve net earnings growth of 6 percent – 9 percent and healthy free cash flow.”

Net sales highlights are as follows:

* Total sales in the Americas region increased 2 percent to $620 million in the fourth quarter and 2 percent to $1.8 billion in the full year (representing 48 percent of 2012 worldwide sales). On a constant-exchange-rate basis, total sales increased 2 percent in both the quarter and full year; on that basis, comparable store sales declined 2 percent in both the quarter and full year. Sales in the New York flagship store fell 3 percent in both the quarter and full year, while comparable branch store sales were 2 percent below both prior-year periods with no meaningful geographical differences in the U.S.). Internet and catalog sales rose 6 percent and 4 percent in the fourth quarter and full year.

* In the Asia-Pacific region, total sales rose 13 percent to $254 million in the fourth quarter and 8% to $810 million, or 21% of worldwide sales, in the full year. On a constant-exchange-rate basis, total sales rose 10% in the fourth quarter due to sales growth in Greater China and in other markets and rose 8% in the full year; on that basis, comparable store sales rose 6% in the quarter and 2% in the full year.

* Total sales in Japan declined 6 percent to $192 million in the fourth quarter, reflecting a weaker Japanese yen versus the U.S. dollar. Sales for the full year increased 4 percent to $639 million, or 17 percent. However, on a constant-exchange-rate basis, total sales rose 2 percent in the quarter and 6 percent. Comparable store sales rose 2 percent and 7 percent in the quarter and full year.

* In Europe, total sales increased 3 percent to $146 million in the fourth quarter due to mixed performances by country and also rose 3% to $432 million, or 11% of worldwide sales, in the full year. On a constant-exchange-rate basis, total sales increased 3% and 7% in the quarter and full year and comparable store sales were unchanged in the quarter and rose 2% in the full year.

* Sales categorized “Other,” nearly doubled to $24 million in the fourth quarter and rose 41 percent to $73 million in the full year. The strong growth in both periods reflected the conversion in July of five Tiffany & Co. stores in the United Arab Emirates from independently-operated distribution to company-operated retail stores.

* Tiffany added 28 company-operated stores in the full year: 13 in the Americas with four in the U.S., six in Canada (including four department-store boutiques in Canada that were converted to company-operated locations), two in Mexico and one in Brazil; eight in Asia-Pacific including six in China, one in Australia and one in Singapore; two in Europe including one in France and one in the Czech Republic; and the five stores in the U.A.E. The company currently operates 275 stores (115 in the Americas, 66 in Asia-Pacific, 55 in Japan, 34 in Europe and five in the U.A.E.), compared with 247 stores a year ago.

Tiffany’s other financial highlights:

* Gross margins (gross profit as a percentage of net sales) of 59.1 percent in the fourth quarter and 57 percent for the full year were below margins of 60.4 percent and 59 percent in the respective prior-year periods. The declines largely reflected pressures from precious metal and diamond costs; a shift in sales mix toward higher-priced, lower margin products; and reduced sales leverage on fixed costs.

* SG&A (selling, general and administrative) expenses increased 2 percent in the fourth quarter. In the full year, SG&A expenses increased 2 percent; however, if nonrecurring costs related to the 2011 relocation of Tiffany's New York headquarters staff were excluded, SG&A expense would have increased 5 percent (see "Non-GAAP Measures" schedule) in the full year due to store occupancy costs related to new and existing stores, increased marketing spending and higher labor costs.

* Other expenses, net were $14 million and $54 million in the fourth quarter and full year, compared with $13 million and $43 million in the respective prior-year periods. Increased average borrowing levels have resulted in higher interest expense in both periods.

* Net inventories of $2.2 billion at January 31 were 8 percent higher than the prior year-end, reflecting 13 percent growth in finished goods inventory and 2 percent growth in combined raw materials and work-in-process, all to support new store openings and expanded product assortments.

* Capital expenditures of $220 million in 2012 were modestly lower than $239 million in the prior year; 2011 had included expenditures for the relocation of Tiffany's headquarters staff.

* In the full year, the company spent $54 million to repurchase approximately 813,000 shares of its Common Stock at an average cost of $66.54 per share, but did not repurchase shares in the fourth quarter. Approximately $164 million remains available for repurchases under the currently authorized program which expires in January 2014.

In its outlook, the company expects worldwide net sales to grow 6 percent to 8 percent in U.S dollars. On a constant-exchange-rate basis, an expected high-single-digit percentage increase in worldwide net sales includes sales growth in all regions, ranging from a mid-teens percentage increase in Asia-Pacific to a low-single-digit increase in Japan.

The company said it plans to open 15 new company-operated stores including five in the Americas, seven in Asia-Pacific, three in Europe; while closing one in Japan. It also plans  and to refurbish a number of existing locations around the world.

It expects net earnings from operations increasing 6 percent to 9 percent to a range of $3.43-$3.53 per diluted share. Net earnings from operations are expected to decline approximately 15 percent- 20 percent in the first quarter due to gross margin pressure and higher marketing-related costs, to be followed by earnings growth in all subsequent quarters. In addition, this forecast excludes $0.05 per diluted share of expected first quarter charges for staffing and occupancy adjustments.


Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

reade more... Résuméabuiyad