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Last updateTue, 19 Jun 2018 9pm

Featured Articles

Not for the faint-hearted: Ira Savoie loves the lively challenge of jewelry appraising

Not for the faint-hearted: Ira Savoie loves the lively challenge of jewelry appraising

For the past 17 years, Ira Savoie has been appraising jewelry of all sorts for the people of New Orleans and beyond. Sometimes, it’s business as usual at his appraisals-while-you-wait studio; other times things get animated as he delivers an unwelcom...

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What's New

AWDC announces “revolution in diamond polishing process”

AWDC announces “revolution in diamond polishing process”

(ANTWERP) - The Scientific and Technological Research Center for Diamonds (WTOCD) is the collective research center of the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry. The WTOCD has announced they ha...

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On The Move

Time Delay marks 40 years of crafting custom enhancements for one-of-a-kind watches

Time Delay marks 40 years of crafting custom enhancements for one-of-a-kind watches

(DALLAS) - Time Delay Corporation is celebrating 40 years in the time-honored tradition of offering its independent jewelers exactly what they need: the latest and finest in custom dials, bezels and bracelets at competitive prices, along with custom d...

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Industry Events

GIA’s New York Jewelry Career Fair slated for July 13

GIA’s New York Jewelry Career Fair slated for July 13

Event offers job opportunities, career coaching, networking and more

(NEW YORK) - Leading networking event for the gem and jewelry industry, GIA (Gemological Institute of America) Jewelry Career Fair , returns to New York City on Friday, July 13. Whether...

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Other News

May retail sales increased 5.6% over last year as economy continues to grow

(WASHINGTON) - May retail sales increased 0.7 percent seasonally adjusted over April and 5.6 percent unadjusted year-over-year as a growing economy prompted consumers to continue to spend, the National Retail Federation reported. The numbers exclude a...

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Latest News

May retail sales increased 5.6% over last year as economy continues to grow

4 DAYS AGO

(WASHINGTON) - May retail sales increased 0.7 percent seasonally adjusted over April and 5.6 percent unadjusted year-over-year as a growing economy prompted consumers to continue to spend, the National Retail Federation reported. The numbers exclude automobiles, gasoline stations and restaurants.

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IDEX reports China cuts tariffs on 18 jewelry categories

4 DAYS AGO
IDEX reports China cuts tariffs on 18 jewelry categories

(IDEX Online) – China will be slashing import taxes on jewelry, as part of tariff reductions on a wide range of consumer goods, as of July 1.

The Customs Tariff Commission of the State Council in China issued the "Notice on Reducing the Import Tariffs of Daily Consumer Goods" last week. According to ...

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GIA’s New York Jewelry Career Fair slated for July 13

4 DAYS AGO
GIA’s New York Jewelry Career Fair slated for July 13

Event offers job opportunities, career coaching, networking and more

(NEW YORK) - Leading networking event for the gem and jewelry industry, GIA (Gemological Institute of America) Jewelry Career Fair , returns to New York City on Friday, July 13. Whether you are looking to join the incredible gem and je...

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Thai jewelry sparkles at DITP Roadshow at JCK Las Vegas to promote 62nd Bangkok Gems & Jewelry Fair

4 DAYS AGO
Thai jewelry sparkles at DITP Roadshow at JCK Las Vegas to promote 62nd Bangkok Gems & Jewelry Fair

(l-r) Sritala Sutapak, Deputy Director, Thai Trade Center Los Angeles; Boonkij Jitngamplang, President of Thai Gem and Jewelry Traders Association (TGJTA); Dr. Gaetano Cavalieri, President of CIBJO; Kwannapa Phivnil, Executive Director, Thai Trade Center Los Angeles; and Rung Julius Zheng, Vice Pres...

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Time Delay marks 40 years of crafting custom enhancements for one-of-a-kind watches

11 DAYS AGO
Time Delay marks 40 years of crafting custom enhancements for one-of-a-kind watches

(DALLAS) - Time Delay Corporation is celebrating 40 years in the time-honored tradition of offering its independent jewelers exactly what they need: the latest and finest in custom dials, bezels and bracelets at competitive prices, along with custom diamond enhancements for most pre-owned, precious t...

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Sissy’s Log Cabin names Lamar McCubbin new president

11 DAYS AGO
Sissy’s Log Cabin names Lamar McCubbin new president

Arkansas’s largest independently owned jewelry store promotes new president from within

(LITTLE ROCK, Ark.)  - Sissy’s Log Cabin has announced the promotion of Lamar McCubbin to president. An industry veteran with more than 25 years experience, McCubbin has worked with the brand since 2014. With ...

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AWDC announces “revolution in diamond polishing process”

4 DAYS AGO
AWDC announces “revolution in diamond polishing process”

(ANTWERP) - The Scientific and Technological Research Center for Diamonds (WTOCD) is the collective research center of the Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry. The WTOCD has announced they have developed a revolutionary technology that fully...

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Breaking the rules of engagement, Helzberg Diamonds introduces the “Will You?” Ring

4 DAYS AGO
Breaking the rules of engagement, Helzberg Diamonds introduces the “Will You?” Ring

Couples have new way to propose and then select “the” ring together

(KANSAS CITY, Mo.)  - Many couples dream of that moment when one partner gets on bended knee and asks the big question with a small box - but what if their partner doesn’t love the ring inside? Enter Helzberg Diamonds and The “Wi...

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The Marketing Minute: Trend Spotting

8 MONTHS AGO

Marketing specialist George Prout produces a weekly marketing advice video for retail jewelers, The Monday Morning Marketing Minute. He’s generously agreed to let us share them with our eWeekly readers.

 

Click here  to see more of George Prout’s The Marketing Minute

 

 

 

 

 

 

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The Marketing Minute: Pricing Strategy

8 MONTHS AGO

Marketing specialist George Prout produces a weekly marketing advice video for retail jewelers, The Monday Morning Marketing Minute. He’s generously agreed to let us share them with our eWeekly readers.

 

Click here  to see more of George Prout’s The Marketing Minute

 

 

 

 

 

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The Pink Panther Heist

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Four men - three disguised as long blond-haired women with sunglasses - requested entry last December 4 to Harry Winston's Jewelers on super-posh Avenue Montaigne in Paris. As they were buzzed in, they pulled out a hand grenade and a .357 Magnum and started smashing the glass display cases. Fifteen minutes later they made a clean getaway in a waiting car with sacks of huge diamonds, emeralds and rubies worth a cool $115 million.


In a bizarre life-imitating-art scenario, Interpol has dubbed the suspected thieves the "Pink Panthers," referencing the phantom bandit of movie fame pursued by the comically jinxed Inspector Clouseau. The Pink Panthers are believed to be an international group, about 200 strong, of highly professional, meticulous and daring thieves. Hailing from Serbia, they are said to be responsible for high-profile heists worth more than $132 million at luxury "soft" targets in Dubai, Switzerland, Japan, Germany, Spain and Monaco since 2003. Dusko Poznan and Goran Drazic, purported members of the group, were arrested before the Dec. 4 robbery. Lloyds of London, Winston's insurers, have issued a $1 million reward for information leading to the recovery of the jewels.


This was not the Pink Panthers' first heist. In Dubai last year, members of the group allegedly rammed through Graff's in two Audis, grasping $3.4 million in diamonds and exiting in the same cars. The event, captured on video, became a YouTube favorite with over 200,000 hits. In Graff's Tokyo, the Pink Panthers hit previously in 2004. In three minutes, they made off with $38 million in rare yellow diamonds, including a 125 carat necklace, the Comtesse de Vendome, worth $31.5 million, also captured on video.


The modus operandi of the Pink Panthers is "brazen, very fast, very well-organized," according to police sources. They characteristically case the targeted venues for a week or more, even learning the salespersons' names.


The bane of jewelers, the jewel thief, at times may achieve a colorful notoriety, earning a "treasured" spot in the pantheon of scoundrels. Movies glorify their cunning, daring and high-profile glamorous targets. Combining danger, fabulous jewels and meticulous execution, their heists are the stuff of legend. In a Bonnie and Clyde scenario, the thieves may become celebrated, even glorified. Boban Stojkovic, a member of the Pink Panthers cadre sentenced before the December 4 robbery, is described by his attorney as a "gentleman bandit... extremely polite and nice."


"Because that's where the money is," Willy Sutton, the thief, famously replied to the query "Why do you rob banks?" Jewelry stores are similarly natural targets. Jewelers take note. You can never be too careful. Although the Pink Panthers target the highest echelon of international targets, stores profiling coveted luxury items are always at risk. Closer to home, in Palm Beach this January Lee Havens Fine Jewelry on Worth Avenue was victimized - the robber reportedly escaping with $4 million in merchandise.


The December Harry Winston theft was the second burglary at the Paris store in a year. The previous year's heist netted over $13 million in jewels. The beleaguered jeweler seems to have adopted a note of caution. Immediately after the current robbery, passers-by the celebrated shop, now closed with shutters, viewed in its famed display case, rather than jewels, a large photograph of the missing pieces.


Mia Katrin is an award-winning, internationally celebrated couture jewelry designer, specializing in one-of-a-kind and limited edition high-end necklaces with precious gems in 18-24 karat gold and platinum. Her Collections, which have been worn by A-List Hollywood celebrities, are featured in many top galleries and stores throughout the country, where she regularly hosts Trunk Shows. Contact Mia via her website, http://jeweljewel.com, e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or call (877) JEWEL-MY.


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