04202018Fri
Last updateTue, 17 Apr 2018 11pm
Bead it on down the line

Bead it on down the line

A girls’ day out can do a lot for a woman, from re...

Retail Roundtable: What’s the most unusual request you’ve had from a customer?

Retail Roundtable: What’s the most unusual request you’ve had from a customer?

“I started working in this business on September 1...

Bill’s Jewelers thrives by staying true to a family promise

Bill’s Jewelers thrives by staying true to a family promise

Bill’s Jewelers in Thomasville, Ga., has three dri...

Estate jeweler starts foundation, jewelry collection for niece

Estate jeweler starts foundation, jewelry collection for niece

When a young life ends abruptly - especially a per...

Other News

NRF/IBM study sheds light on what Gen Z shoppers really want

NRF/IBM study sheds light on what Gen Z shoppers really want

“What do Gen Z shoppers really want,” the third and final installment of a global study co-sponsored by the IBM Institute of Business Value and the National Retail Federation, examines what this youngest generation considers to be “retail essentials”...

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Industry Events

Innovative Musical Leadership Program to open GIA Symposium

Innovative Musical Leadership Program to open GIA Symposium

The Music Paradigm’s world-renowned music and learning program imparts leadership lessons of the symphony maestro

(CARLSBAD, Calif.) - The GIA (Gemological Institute of America) International Gemological Symposium, Oct. 7-9 in Carlsbad, CA, will includ...

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On The Move

Finalists and judges announced for 2018 Saul Bell Design Award

Finalists and judges announced for 2018 Saul Bell Design Award

Rio Grande, the organizer of the Saul Bell Design Award ( www.saulbellaward.com ), is pleased to announce the 45 finalists of the 2018 Saul Bell Design Award competition, as well as the two panels of experts tasked with judging the finalists’ work.

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What's New

GIA provides Melee Analysis Service

GIA provides Melee Analysis Service

Independently operated inside Stuller’s global headquarters

(LAFAYETTE, La.) - Stuller, Inc. is pleased to announce a new strategic service arrangement with GIA (Gemological Institute of America) by offering GIA’S Melee Analysis Service inside its glob...

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Featured Articles

Medford Chason’s treasures

Medford Chason’s treasures

As the saying goes, “one man gathers what another man spills.” In his early teens, enterprising young Medford Chason and his boyhood buddy excavated a garbage dump near his family’s tobacco farm in Southwest, GA that was closed in the early 1900s. Ov...

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Latest News

NRF/IBM study sheds light on what Gen Z shoppers really want

2 DAYS AGO
NRF/IBM study sheds light on what Gen Z shoppers really want

“What do Gen Z shoppers really want,” the third and final installment of a global study co-sponsored by the IBM Institute of Business Value and the National Retail Federation, examines what this youngest generation considers to be “retail essentials” as well as what delights and engages them. The st...

Readmore

WJA announces free first-year memberships for students

2 DAYS AGO
WJA announces free first-year memberships for students

A Gemological Science International (GSI) sponsorship is underwriting the project

(POUGHKEEPSIE, N.Y.) - The Women’s Jewelry Association (WJA) announced that it’s offering the first year of student membership free to students during 2018, thanks to a new sponsorship from Gemological Science Internatio...

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Innovative Musical Leadership Program to open GIA Symposium

8 DAYS AGO
Innovative Musical Leadership Program to open GIA Symposium

The Music Paradigm’s world-renowned music and learning program imparts leadership lessons of the symphony maestro

(CARLSBAD, Calif.) - The GIA (Gemological Institute of America) International Gemological Symposium, Oct. 7-9 in Carlsbad, CA, will include the debut - for the gem and jewelry industry - o...

Readmore

Jewelers Vigilance Committee announces 2018 webinar series

8 DAYS AGO
Jewelers Vigilance Committee announces 2018 webinar series

(NEW YORK) - The Jewelers Vigilance Committee (JVC) will commence an important live webinar series beginning in May of 2018. This series is designed to help members of our industry avoid legal risks and implement legally compliant business practices. Mark your calendars now so you can catch each of t...

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Finalists and judges announced for 2018 Saul Bell Design Award

2 DAYS AGO
Finalists and judges announced for 2018 Saul Bell Design Award

Rio Grande, the organizer of the Saul Bell Design Award ( www.saulbellaward.com ), is pleased to announce the 45 finalists of the 2018 Saul Bell Design Award competition, as well as the two panels of experts tasked with judging the finalists’ work.

Readmore

Joel McFadden Appointed Director of MJSA Council of Custom Jewelers

2 DAYS AGO
Joel McFadden Appointed Director of MJSA Council of Custom Jewelers

MJSA, the trade alliance dedicated to professional excellence in jewelry making and design, has appointed Joel McFadden as director of the MJSA Council of Custom Jewelers.

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GIA provides Melee Analysis Service

2 DAYS AGO
GIA provides Melee Analysis Service

Independently operated inside Stuller’s global headquarters

(LAFAYETTE, La.) - Stuller, Inc. is pleased to announce a new strategic service arrangement with GIA (Gemological Institute of America) by offering GIA’S Melee Analysis Service inside its global headquarters in Lafayette, Louisiana. Melee use...

Readmore

AGS Laboratories now offers independent diamond cutter services

8 DAYS AGO
AGS Laboratories now offers independent diamond cutter services

(LAS VEGAS) - AGS Laboratories has engaged Advanced Diamonds, a Las Vegas diamond cutting service, in an effort to further support the needs of clients and AGS members by offering laser inscription removal and recutting services.

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The Marketing Minute: Trend Spotting

6 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

6 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

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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