How to make cheap jewelry wholesale profit

Jewelry has always been joined with beauty. Items selected suitable jewelry retain the memory of an important occasion or are a continuous image of a special relationship. You will be very charming in jewelry purchases if you learn a lot about jewelry, in the same way, because the memories behind items that you would prefer to sell or stay.

Try using a simple Polish artifact in your compilation. This can be a chemical-free methodology to keep up their fine jewelry design. Polish your jewelry with an artifact sprucing verse as if it were a striking glass beige. Use a material to improve on both sides, one for spruce and one for Immaculate.

Before dealing with chemicals, try a sprucing artifact to bring back the luster of your jewelry. A sprucing artifact could be an extremely lightweight thanks to get a decent shine on all your items. Use the two-sided artifact to shine your jewelry, as if it were improved glass. A facet is intended to shine, and, therefore, the alternative is employed to create the brightness of the part.

Avoid things of ill-treatment as bleach, acetone, ammonia, turpentine and connected alternative chemicals to scrub them with these chemicals will do to the chaos in your jewelry, discoloring bands, dullness, to wear the enamel or the glue.

Make sure that you acknowledge that reasonably gem unit area you're getting once you are buying jewelry. Precious stones currently are available in varieties in the same way as artificial and natural imitation. Artificial stones as Square work created jewelry, while imitation stones as commonly colored glass Square. Square artificial gems as adult a mamma square measure of natural gems, a lot of work off-planet.

Precious metals

The jewelry is best to keep a section with low humidness. For best protection, you can choose to store them inside a small string or a jewelry box closed. Humidness quickly spot each precious and non-precious. Precious metals, through some work and Polish, is better to its original condition. Non-precious metals as coated Square, implying that spruce can allow metallic copper return through.

Try a number of totally different stones once you buy jewelry Square measure. Any stones that you only select should keep company with your skin tone and replicate your temperament. If your wardrobe is created a style selected color stones of a shadow that matches no matter you decide to put. While you are pin money, makes a lot of sense to buy something that is deliberate in the same way as charming.

When searching Square measure, have faith in color or variety of gem you want to buy. Square there are 3 distinct styles of stones: imitation, artificial and natural. Imitation jewelry as essentially plastic square is colored, whereas the artificial and natural as real Square. Square measure of natural stones found in mines, whereas the measurement of artificial stones square made by machines.

Jewelry has always been joined with beauty. Items selected suitable jewelry retain the memory of an important occasion or are a continuous image of a special relationship. You will be very charming in jewelry purchases if you learn a lot about jewelry, in the same way, because the memories behind items that you would prefer to sell or stay.

Try using a simple Polish artifact in your compilation. This can be a chemical-free methodology to keep up their fine jewelry design. Polish your jewelry with an artifact sprucing verse as if it were a striking glass beige. Use a material to improve on both sides, one for spruce and one for Immaculate.

Before dealing with chemicals, try a sprucing artifact to bring back the luster of your jewelry. A sprucing artifact could be an extremely lightweight thanks to get a decent shine on all your items. Use the two-sided artifact to shine your jewelry, as if it were improved glass. A facet is intended to shine, and, therefore, the alternative is employed to create the brightness of the part.

Avoid things of ill-treatment as bleach, acetone, ammonia, turpentine and connected alternative chemicals to scrub them with these chemicals will do to the chaos in your jewelry, discoloring bands, dullness, to wear the enamel or the glue.

Make sure that you acknowledge that reasonably gem unit area you're getting once you are buying jewelry. Precious stones currently are available in varieties in the same way as artificial and natural imitation. Artificial stones as Square work created jewelry, while imitation stones as commonly colored glass Square. Square artificial gems as adult a mamma square measure of natural gems, a lot of work off-planet.

Precious metals

The jewelry is best to keep a section with low humidness. For best protection, you can choose to store them inside a small string or a jewelry box closed. Humidness quickly spot each precious and non-precious. Precious metals, through some work and Polish, is better to its original condition. Non-precious metals as coated Square, implying that spruce can allow metallic copper return through.

Try a number of totally different stones once you buy jewelry Square measure. Any stones that you only select should keep company with your skin tone and replicate your temperament. If your wardrobe is created a style selected color stones of a shadow that matches no matter you decide to put. While you are pin money, makes a lot of sense to buy something that is deliberate in the same way as charming.

When searching Square measure, have faith in color or variety of gem you want to buy. Square there are 3 distinct styles of stones: imitation, artificial and natural. Imitation jewelry as essentially plastic square is colored, whereas the artificial and natural as real Square. Square measure of natural stones found in mines, whereas the measurement of artificial stones square made by machines.

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June Hong Kong Jewelry Fair to Unveil New Attractions and Exhibitors

A new pavilion is among the highlights of the 26th edition of the June Hong Kong Jewellery & Gem Fair to be held June 20 to 23 at the Hong Kong Convention and Exhibition Centre. More than 1,780 international exhibitors will be displaying products and services in more than 64,000 square meters of exhibition space.

A new Turkish Pavilion will debut its creations, bringing the number of international exhibitors to 15, including Brazil, mainland China, Italy, Japan, and the United States.

Twelve theme pavilions also add to the lineup at the show, including the Diamond Pavilion in Halls 3F, 3G & 5F, which this year features 412 exhibitors. The pavilion houses companies exhibiting under the banner of the Antwerp World Diamond Council, the Israel Diamond Institute, India, the United States, as well as diamond exhibitors from the rest of the world. Other pavilions, feature jewelry, gemstones and pearls, and other raw jewelry materials.

Other highlights include the following:

* Fine Design Pavilion and Fine Gem Pavilion, which will showcase high-quality loose diamonds, pearls, and gemstones as well as jewelry masterpieces, invaluable antiques and vintage jewelry from a select group of 82 jewelry exhibitors from around the world.

* Hong Kong Premier Pavilion is the signature podium for 35 of the city’s top jewelry companies.

* JewelleryNetAsia.com will host a morning briefing on “Success of Jewellery eCommerce” on 21 June in meeting room S226 of HKCEC.

* Fukui Shell Nucleus Factory will host a seminar titled “Imparting a Unique Identity to Each Pearl” on 21 June morning in meeting room S224 of HKCEC.

The Gemmological Association of Hong Kong will host a seminar called “Project Burma” on 22 June afternoon in meeting rooms S226 – S227 of HKCEC.

* The 7th Gerdau Auction Pearl Auction June 17 -19.*

* The 58th Robert Wan Tahiti Perles Auction, June 20 -21

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

A new pavilion is among the highlights of the 26th edition of the June Hong Kong Jewellery & Gem Fair to be held June 20 to 23 at the Hong Kong Convention and Exhibition Centre. More than 1,780 international exhibitors will be displaying products and services in more than 64,000 square meters of exhibition space.

A new Turkish Pavilion will debut its creations, bringing the number of international exhibitors to 15, including Brazil, mainland China, Italy, Japan, and the United States.

Twelve theme pavilions also add to the lineup at the show, including the Diamond Pavilion in Halls 3F, 3G & 5F, which this year features 412 exhibitors. The pavilion houses companies exhibiting under the banner of the Antwerp World Diamond Council, the Israel Diamond Institute, India, the United States, as well as diamond exhibitors from the rest of the world. Other pavilions, feature jewelry, gemstones and pearls, and other raw jewelry materials.

Other highlights include the following:

* Fine Design Pavilion and Fine Gem Pavilion, which will showcase high-quality loose diamonds, pearls, and gemstones as well as jewelry masterpieces, invaluable antiques and vintage jewelry from a select group of 82 jewelry exhibitors from around the world.

* Hong Kong Premier Pavilion is the signature podium for 35 of the city’s top jewelry companies.

* JewelleryNetAsia.com will host a morning briefing on “Success of Jewellery eCommerce” on 21 June in meeting room S226 of HKCEC.

* Fukui Shell Nucleus Factory will host a seminar titled “Imparting a Unique Identity to Each Pearl” on 21 June morning in meeting room S224 of HKCEC.

The Gemmological Association of Hong Kong will host a seminar called “Project Burma” on 22 June afternoon in meeting rooms S226 – S227 of HKCEC.

* The 7th Gerdau Auction Pearl Auction June 17 -19.*

* The 58th Robert Wan Tahiti Perles Auction, June 20 -21

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

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Stephen S. Palmer Patek Philippe Grand Complication May Fetch $1.5 Million

Christie’s New York said it will offer the earliest and most significant example of a Patek Philippe grand complication as the highlight of its New York Important Watches auction on June 11. It is estimated to fetch $1 to $1.5 million.

The Stephen S. Palmer Patek Philippe Grand Complication No. 97912 is a minute repeating perpetual calendar split-seconds chronograph clockwatch with grande and petite sonnerie and moon phases, manufactured in 1898. It has never before seen in public, and it is the first time ever on the auction block.

Until the appearance of the Palmer watch, it was broadly accepted that Patek Philippe did not make its first Grand Complication until 1910 and that the second ever made was reserved before World War I for James W. Packard in 1916, Christie’s explained.

Purchased on Oct. 3, 1900, for 6,500 Swiss francs by Stephen S. Palmer, the discovery of this watch serves as a “spectacular addition to scholarship surrounding Patek Philippe and Grand Complications in general,” Christie’s said in a statement. “Adding to its rarity, it is the only example known to have been cased in pink gold whereas all following pieces were cased in yellow gold according to the style of the early 20th century.”

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

Christie’s New York said it will offer the earliest and most significant example of a Patek Philippe grand complication as the highlight of its New York Important Watches auction on June 11. It is estimated to fetch $1 to $1.5 million.

The Stephen S. Palmer Patek Philippe Grand Complication No. 97912 is a minute repeating perpetual calendar split-seconds chronograph clockwatch with grande and petite sonnerie and moon phases, manufactured in 1898. It has never before seen in public, and it is the first time ever on the auction block.

Until the appearance of the Palmer watch, it was broadly accepted that Patek Philippe did not make its first Grand Complication until 1910 and that the second ever made was reserved before World War I for James W. Packard in 1916, Christie’s explained.

Purchased on Oct. 3, 1900, for 6,500 Swiss francs by Stephen S. Palmer, the discovery of this watch serves as a “spectacular addition to scholarship surrounding Patek Philippe and Grand Complications in general,” Christie’s said in a statement. “Adding to its rarity, it is the only example known to have been cased in pink gold whereas all following pieces were cased in yellow gold according to the style of the early 20th century.”

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

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U.S. and E-Commerce Businesses Fuel 10.4% Jump in Signet’s Q1 Sales

Signet Jewelers Ltd., the largest specialty retail jeweler in the U.S. and the U.K., said first quarter sales increased 10.4% year-over-year to $993.6 million. Same store sales increased 6.4% compared to a rise of 1.2% for the same period in the previous year. E-Commerce sales rose 40.7% to $31.1 million.

Operating income increased 10.4% to $142.8 million and diluted earnings per share rose 17% to $1.13 for the company that owns the Kay, Jared and Ultra jewelry retail chains in the U.S. and the H.Samuel and Ernest Jones jewelry retail chains in the U.K.

The U.S. division, which accounts for approximately 86 percent of total company sales, again was the driver in the strong performance. Total U.S. sales increased 14.3% to $858.6 million. Same store sales increased 8.1% compared to an increase of 1.2% for the period. The increases were driven by broad based strength across all merchandise categories in their Kay and Jared jewelry chains, as well as its recent acquisition of the Ultra jewelry store chain. E-Commerce sales increased 48% to $25.6 million.

“We were very pleased with our results throughout the quarter, including Valentine’s Day and the run up to Mother’s Day,” said Mike Barnes, Signet CEO.

The UK division, which accounts for approximately 14 percent of total company sales, reported weak results. Total sales fell 9.1% to $135. Same store sales fell 2.3% compared to an increase of 1.2% in the first quarter Fiscal 2013. The company said the sales decline was due to a same store sales decrease of $3.1 million primarily in H.Samuel, the impact of closed stores of $4.8 million, and currency fluctuation of $5.6 million. In Ernest Jones, the number of transactions increased and there was strength in the bridal business and watches (excluding Rolex, which is being offered in fewer stores in the UK). In H.Samuel, the number of transactions declined, resulting in lower sales across most merchandise categories. E-Commerce was a bright spot, increasing 14.5% to $5.5 million.

In its guidance, Signet says it expects the shift of Mother’s Day sales this year partly into the first quarter to impact second quarter sales and earnings performance. In addition, integration costs and the seasonality of the company’s newly acquired Ultra Stores are expected to dilute profits. The company expects Ultra to be a positive contributor to the company’s bottom line by the fourth quarter.

The company also said it plans to open 70 to 80 Kay and Jared stores by the end of the fiscal year.
Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

Signet Jewelers Ltd., the largest specialty retail jeweler in the U.S. and the U.K., said first quarter sales increased 10.4% year-over-year to $993.6 million. Same store sales increased 6.4% compared to a rise of 1.2% for the same period in the previous year. E-Commerce sales rose 40.7% to $31.1 million.

Operating income increased 10.4% to $142.8 million and diluted earnings per share rose 17% to $1.13 for the company that owns the Kay, Jared and Ultra jewelry retail chains in the U.S. and the H.Samuel and Ernest Jones jewelry retail chains in the U.K.

The U.S. division, which accounts for approximately 86 percent of total company sales, again was the driver in the strong performance. Total U.S. sales increased 14.3% to $858.6 million. Same store sales increased 8.1% compared to an increase of 1.2% for the period. The increases were driven by broad based strength across all merchandise categories in their Kay and Jared jewelry chains, as well as its recent acquisition of the Ultra jewelry store chain. E-Commerce sales increased 48% to $25.6 million.

“We were very pleased with our results throughout the quarter, including Valentine’s Day and the run up to Mother’s Day,” said Mike Barnes, Signet CEO.

The UK division, which accounts for approximately 14 percent of total company sales, reported weak results. Total sales fell 9.1% to $135. Same store sales fell 2.3% compared to an increase of 1.2% in the first quarter Fiscal 2013. The company said the sales decline was due to a same store sales decrease of $3.1 million primarily in H.Samuel, the impact of closed stores of $4.8 million, and currency fluctuation of $5.6 million. In Ernest Jones, the number of transactions increased and there was strength in the bridal business and watches (excluding Rolex, which is being offered in fewer stores in the UK). In H.Samuel, the number of transactions declined, resulting in lower sales across most merchandise categories. E-Commerce was a bright spot, increasing 14.5% to $5.5 million.

In its guidance, Signet says it expects the shift of Mother’s Day sales this year partly into the first quarter to impact second quarter sales and earnings performance. In addition, integration costs and the seasonality of the company’s newly acquired Ultra Stores are expected to dilute profits. The company expects Ultra to be a positive contributor to the company’s bottom line by the fourth quarter.

The company also said it plans to open 70 to 80 Kay and Jared stores by the end of the fiscal year.
Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

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Express your love with Ruby diamond rings

Diamond Ruby rings replaced the traditional diamond rings as the preferred choice for engagement rings. Buy Ruby engagement rings as they are a great way to celebrate the Union of two souls. While most couples nowadays are fond of Ruby, this is not a new craze for rubies as there were many royals in the past that have this precious gemstone during your appointments. Are examples, Princess Margaret and the Queen Mary. According to the old Sanskrit, ruby is termed as the King of precious stones. In addition, this stone is believed to have the power to heal and protect. Ruby was held in high regard in many ancient cultures. Ruby is essentially regarded as one that symbolizes the energy and liveliness.

Ruby are rare but beautiful gems that make a perfect choice of engagement jewelry. Ruby diamond rings are becoming a popular choice of engagement rings these days as are slowly taking the place of the traditional diamond engagement ring. However, before you buy Ruby engagement rings, there are a few things that should be taken into account.

Rubies are primarily evaluated based on mainly four different parameters that are the same in the case of diamond as well. They are nothing but the color of the stone, cut, carat weight and finally the clarity of the stone. These are the same four parameters which are of great importance when buying a diamond and the same happens even with Ruby.

Rubies are available in a multitude of varieties and the predominantly variation based on the shades of stone. Ruby today are available in two colour tones, as well as darker. While the most common hypothesis about rubies are deep and ardent color stone, also there are rubies that are available in shades of yellow and eventually this changes the appearance of the stone out. Colorful red rubies are filled with higher amounts of titanium, the stones will be the yellow shades come with ferric oxide on them. Rubies will also have its popularity since its origin. There are rubies that are available from various parts of the world such as, Burma, Taiwan and Tanzania etc. The most important factor that drives the price of a Ruby is its brightness. The brighter stone, the higher is the price.

However, another important thing that you need to know about rubies before making them the choice of engagement rings is its symbolism. This particular gem is full of symbolism as any other gemstone that is popular in engagement jewelry segment. There are some features like dedication, integrity, joy, liveliness and courage that are assigned the rubies. Red rubies are full of symbolism of love as passion. As the red color is blood, and fire, rubies, having the same color is associated with warmth and life to humanity.

Diamond Ruby rings replaced the traditional diamond rings as the preferred choice for engagement rings. Buy Ruby engagement rings as they are a great way to celebrate the Union of two souls. While most couples nowadays are fond of Ruby, this is not a new craze for rubies as there were many royals in the past that have this precious gemstone during your appointments. Are examples, Princess Margaret and the Queen Mary. According to the old Sanskrit, ruby is termed as the King of precious stones. In addition, this stone is believed to have the power to heal and protect. Ruby was held in high regard in many ancient cultures. Ruby is essentially regarded as one that symbolizes the energy and liveliness.

Ruby are rare but beautiful gems that make a perfect choice of engagement jewelry. Ruby diamond rings are becoming a popular choice of engagement rings these days as are slowly taking the place of the traditional diamond engagement ring. However, before you buy Ruby engagement rings, there are a few things that should be taken into account.

Rubies are primarily evaluated based on mainly four different parameters that are the same in the case of diamond as well. They are nothing but the color of the stone, cut, carat weight and finally the clarity of the stone. These are the same four parameters which are of great importance when buying a diamond and the same happens even with Ruby.

Rubies are available in a multitude of varieties and the predominantly variation based on the shades of stone. Ruby today are available in two colour tones, as well as darker. While the most common hypothesis about rubies are deep and ardent color stone, also there are rubies that are available in shades of yellow and eventually this changes the appearance of the stone out. Colorful red rubies are filled with higher amounts of titanium, the stones will be the yellow shades come with ferric oxide on them. Rubies will also have its popularity since its origin. There are rubies that are available from various parts of the world such as, Burma, Taiwan and Tanzania etc. The most important factor that drives the price of a Ruby is its brightness. The brighter stone, the higher is the price.

However, another important thing that you need to know about rubies before making them the choice of engagement rings is its symbolism. This particular gem is full of symbolism as any other gemstone that is popular in engagement jewelry segment. There are some features like dedication, integrity, joy, liveliness and courage that are assigned the rubies. Red rubies are full of symbolism of love as passion. As the red color is blood, and fire, rubies, having the same color is associated with warmth and life to humanity.

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Photo Jewelry - Latest Trends and Fascinating Ideas

Finding the perfect piece of jewelry, whether it's a statement necklace or conversation-starter ring, doesn't have to be an endless search of finding the right style and personality that matches exactly. In fact, jewelry can be completely personalized with anyone's favorite memories through the highly in-style trend of custom photo jewelry. These customized keepsakes always bring a smile to anyone's face and can be the perfect center piece of any outfit.

It doesn't matter if the jewelry is for grandma, dad, a sister, or a friend, there are all sorts of on-going trends right now which can fit into anyone's lifestyle easily. Here are some that make both amazing gifts for others and personal keepsakes:

For men, there are custom photo cufflinks to consider for those special occasions or even for an everyday office look that really is unique. There are also masculine photo rings available for men, too.For those who love charm necklaces, custom photo jewelry necklaces are the perfect answer. These wonderfully crafted pieces can include favorite pictures from vacations, of pets or loved ones, or even hand-stamped metal for special words and sayings.Then, there are the ever popular custom rings for women to consider. When cocktail and other statement rings don't have that certain flair, personalized rings can make a much bigger impact with something dear to the wearer.Charm bracelets can include grandchildren, loved ones, special memories and so much more that can bring a smile to anyone's face. It is also a great conversation starter while out at special events or even going grocery shopping.

There are all sorts of custom photo jewelry trends out there and the greatest thing about such jewelry is that it will never go out of style because of how personalized it is. These are pieces that can be worn for a long time or even passed down through the generations as a family heirloom piece with extra sentimental value.

But, there are is even more that custom photo jewelry can do. In fact, there are countless other fascinating ideas which can be used when creating this type of jewelry--the possibilities are near endless! For example, there are:

To celebrate the birth of a new baby girl or boy, specialized charms can be made with their birthstone as part of a necklace or bracelet. As the child grows up, new pictures can be added to the necklace or bracelet to create a wonderfully personalized piece. This is also a wonderful idea for a very special gift for grandparents.Recently married couples can do locket-style necklaces which have been updated for the times, or cufflinks can be made for the father of the bride.Don't forget about those lovable pets! For the very special furry friends, there are special charms with dog bones and cat paws that can make the custom photo jewelry really stand out.For loved one overseas in the military, honor them with specialized custom photo jewelry that is both patriotic and helps support the troops.

Imaginations can be unlimited when it comes to custom photo jewelry, and it will be one of the most precious things anyone wears because of its special place in their hearts.

We create personalized keepsakes using treasured photos and other personal items. Our goal is to make custom photo jewelry that are treasured heirlooms. Each piece is unique to our customers and infused with special meaning. Rate this Article

Photo Jewelry - Latest Trends and Fascinating IdeasNot Rated Yet

Kathy Lo has published 1 article. Article submitted on April 30, 2013. Word count: 525

Finding the perfect piece of jewelry, whether it's a statement necklace or conversation-starter ring, doesn't have to be an endless search of finding the right style and personality that matches exactly. In fact, jewelry can be completely personalized with anyone's favorite memories through the highly in-style trend of custom photo jewelry. These customized keepsakes always bring a smile to anyone's face and can be the perfect center piece of any outfit.

It doesn't matter if the jewelry is for grandma, dad, a sister, or a friend, there are all sorts of on-going trends right now which can fit into anyone's lifestyle easily. Here are some that make both amazing gifts for others and personal keepsakes:

For men, there are custom photo cufflinks to consider for those special occasions or even for an everyday office look that really is unique. There are also masculine photo rings available for men, too.For those who love charm necklaces, custom photo jewelry necklaces are the perfect answer. These wonderfully crafted pieces can include favorite pictures from vacations, of pets or loved ones, or even hand-stamped metal for special words and sayings.Then, there are the ever popular custom rings for women to consider. When cocktail and other statement rings don't have that certain flair, personalized rings can make a much bigger impact with something dear to the wearer.Charm bracelets can include grandchildren, loved ones, special memories and so much more that can bring a smile to anyone's face. It is also a great conversation starter while out at special events or even going grocery shopping.

There are all sorts of custom photo jewelry trends out there and the greatest thing about such jewelry is that it will never go out of style because of how personalized it is. These are pieces that can be worn for a long time or even passed down through the generations as a family heirloom piece with extra sentimental value.

But, there are is even more that custom photo jewelry can do. In fact, there are countless other fascinating ideas which can be used when creating this type of jewelry--the possibilities are near endless! For example, there are:

To celebrate the birth of a new baby girl or boy, specialized charms can be made with their birthstone as part of a necklace or bracelet. As the child grows up, new pictures can be added to the necklace or bracelet to create a wonderfully personalized piece. This is also a wonderful idea for a very special gift for grandparents.Recently married couples can do locket-style necklaces which have been updated for the times, or cufflinks can be made for the father of the bride.Don't forget about those lovable pets! For the very special furry friends, there are special charms with dog bones and cat paws that can make the custom photo jewelry really stand out.For loved one overseas in the military, honor them with specialized custom photo jewelry that is both patriotic and helps support the troops.

Imaginations can be unlimited when it comes to custom photo jewelry, and it will be one of the most precious things anyone wears because of its special place in their hearts.

We create personalized keepsakes using treasured photos and other personal items. Our goal is to make custom photo jewelry that are treasured heirlooms. Each piece is unique to our customers and infused with special meaning. Rate this Article

Photo Jewelry - Latest Trends and Fascinating IdeasNot Rated Yet

Kathy Lo has published 1 article. Article submitted on April 30, 2013. Word count: 525

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From Adversary to Partner, Terry Burman Named Chairman of Zale Corp.

Terry Burman

Zale Corp.on Wednesday made a surprise announcement that Terry Burman was named board chairman of the Dallas-based jeweler, whose retail brands include Zales Jewelers, Zales Outlet and Gordon's Jewelers. Burman was the highly successful chief executive officer of Signet Jewelers Ltd. from 2000 till 2011, Zale Corp.’s main rival.

Burman replaces John B. Lowe, Jr., who has served as chairman for the past five years. Lowe will remain on the board, the company said. The announcement overshadowed its third quarter earnings report.

Burman, a 30-year veteran of the jewelry industry, joined Signet in 1995 as the chairman and CEO of Sterling Jewelers, Inc., the U.S. division of Signet and Zale Corp.’s main rival. Sterling is the largest specialty retail jeweler in the United States with more than 1,300 stores located in 50 states, including national chains Kay Jewelers and Jared the Galleria of Jewelry. Signet also is the largest retail jeweler in the United Kingdom.

Under Burman’s leadership Sterling and then Signet experienced robust growth during the high-growth economy of the 1990s and the early 2000s and even through the economic recession and sluggish economy since 2008. Meanwhile, Zale Corp., suffered during the economic downturn under several leadership and ownership changes closing more than 100 underperforming stores.

Before joining Signet, Burman held executive positions, including president and CEO of Barry’s Jewelers, Inc., which now does business as Samuels Jewelers. He serves on the boards of Yankee Candle Company, Inc. and Tuesday Morning Corp. He also serves on St. Jude Children’s Research Hospital Board of Governors. He has received numerous jewelry industry awards, including the American Gem Society Lifetime Achievement Award in 2010 and is the former chairman of Jewelers of America.

“Terry’s track record and industry knowledge make him uniquely qualified to contribute to Zale as we execute our plans for long term growth and shareholder value,” said Theo Killion, Zale Corp. CEO.

“I am delighted to assume the role of chairman of the board at Zale at such an important point in their turnaround program,” Burman said. “I am looking forward to working with Zale’s management and board to refine the company’s strategy and priorities to drive profitable growth and create shareholder value.”

Zale Corp. is a leading specialty retailer of diamond and other jewelry products in North America, operating approximately 1,710 retail locations throughout the United States, Canada and Puerto Rico, as well as online. Zale Corp.'s brands include Zales Jewelers, Zales Outlet, Gordon's Jewelers, Peoples Jewellers, Mappins Jewellers and Piercing Pagoda. Zale also operates online at www.zales.com, www.zalesoutlet.com, www.gordonsjewelers.com, www.peoplesjewellers.com and www.pagoda.com. 

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

Terry Burman

Zale Corp.on Wednesday made a surprise announcement that Terry Burman was named board chairman of the Dallas-based jeweler, whose retail brands include Zales Jewelers, Zales Outlet and Gordon's Jewelers. Burman was the highly successful chief executive officer of Signet Jewelers Ltd. from 2000 till 2011, Zale Corp.’s main rival.

Burman replaces John B. Lowe, Jr., who has served as chairman for the past five years. Lowe will remain on the board, the company said. The announcement overshadowed its third quarter earnings report.

Burman, a 30-year veteran of the jewelry industry, joined Signet in 1995 as the chairman and CEO of Sterling Jewelers, Inc., the U.S. division of Signet and Zale Corp.’s main rival. Sterling is the largest specialty retail jeweler in the United States with more than 1,300 stores located in 50 states, including national chains Kay Jewelers and Jared the Galleria of Jewelry. Signet also is the largest retail jeweler in the United Kingdom.

Under Burman’s leadership Sterling and then Signet experienced robust growth during the high-growth economy of the 1990s and the early 2000s and even through the economic recession and sluggish economy since 2008. Meanwhile, Zale Corp., suffered during the economic downturn under several leadership and ownership changes closing more than 100 underperforming stores.

Before joining Signet, Burman held executive positions, including president and CEO of Barry’s Jewelers, Inc., which now does business as Samuels Jewelers. He serves on the boards of Yankee Candle Company, Inc. and Tuesday Morning Corp. He also serves on St. Jude Children’s Research Hospital Board of Governors. He has received numerous jewelry industry awards, including the American Gem Society Lifetime Achievement Award in 2010 and is the former chairman of Jewelers of America.

“Terry’s track record and industry knowledge make him uniquely qualified to contribute to Zale as we execute our plans for long term growth and shareholder value,” said Theo Killion, Zale Corp. CEO.

“I am delighted to assume the role of chairman of the board at Zale at such an important point in their turnaround program,” Burman said. “I am looking forward to working with Zale’s management and board to refine the company’s strategy and priorities to drive profitable growth and create shareholder value.”

Zale Corp. is a leading specialty retailer of diamond and other jewelry products in North America, operating approximately 1,710 retail locations throughout the United States, Canada and Puerto Rico, as well as online. Zale Corp.'s brands include Zales Jewelers, Zales Outlet, Gordon's Jewelers, Peoples Jewellers, Mappins Jewellers and Piercing Pagoda. Zale also operates online at www.zales.com, www.zalesoutlet.com, www.gordonsjewelers.com, www.peoplesjewellers.com and www.pagoda.com. 

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