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On The Move

Synchrony Financial and REEDS Jewelers to launch private label credit card program

(STAMFORD, Conn. & WILMINGTON, N.C.) - Synchrony Financial, a premier consumer financial services company with 80 years of retail heritage, has signed a multi-year agreement with REEDS Jewelers, Inc. to provide a private label credit card program for consumer purchases through REEDS 59 retail stores in 13 states and at REEDS.com.

The new REEDS Jewelers Card launches March 1, 2015, providing a dedicated line of credit and special financing options for the purchase of diamonds, bridal jewelry, Swiss timepieces, customized family jewelry, and much more. Qualifying REEDS Jewelers cardholders will also enjoy exclusive offers, special financing and invitations to REEDS Jewelers events.

Anna Martin joins GIA as Senior Vice President of Global Development

(CARLSBAD, Calif.) - GIA (Gemological Institute of America) has announced the appointment of Anna Martin, previously managing director and head of global marketing, diamonds and jewelry, at Standard Chartered Bank, to the position of Senior Vice President of Global Development. Building on a career of more than four decades in banking serving the gem and jewelry industry, Martin will be responsible for broadening and deepening GIA’s relationships with clients and stakeholders and overseeing the Institute’s global beneficiation efforts.

Oklahoma jeweler wins not one, but three business awards

It’s been an amazing year for the folks at J. David Jewelry in Oklahoma with not one, not two, but three city and state sponsored business awards coming their way. Owners Joel and Kendra Wiland are proud to hold the titles of Crystal Star Entrepreneurial Success Award for the Tulsa Regional Chamber as well as Small Business Association Entrepreneurial Success winners for the state of Oklahoma and Retailer of the Year for their store in Broken Arrow, OK.

RJO Vendor of the Year Awards presented

(MINNEAPOLIS, Minn.) - The Retail Jewelers Organization (RJO) honored its top vendors at their recent Fall Buying Show in Minneapolis. Jewelers from around the country met to browse upcoming trends, network with other industry leaders and take part in continuing education sessions. The event, themed There’s No Business Like Show Business, also provided the setting for the annual RJO Vendor of the Year Awards. These awards, as selected by the retail membership, are given in recognition of outstanding sales, service and support.

JA and Fiera di Vicenza partner to promote TRENDVISION Jewellery + Forecasting project

(NEW YORK) - Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, has signed an agreement with Fiera di Vicenza to promote the TRENDVISION Jewellery + Forecasting project, Fiera di Vicenza’s independent trend observatory and research department. TRENDVISION Jewellery + Forecasting is dedicated to analyzing international jewelry, diamond and watchmaking trends. Through the prestigious and exclusive partnership, JA will bring the renowned trend reporting of TRENDVISION Jewellery + Forecasting to the U.S. through discounts on its Trend Books and the promotion of monthly Jewelry Trend Reports.

Fallaize Insurance Agency celebrates 55 years, three generations

(ATLANTA) - The year was 1975 and a jeweler from a small suburb in north Atlanta known as Sandy Springs called his friend Jim Fallaize about a solicitation he had received from an insurance company. Sam Fowler was just a watchmaker who sold some jewelry as a complement to his watch repair business. 

Jim Fallaize was an independent insurance agent in Atlanta and agreed to help his friend complete a jewelers block application. At that time jewelers block was a little known coverage as the businesses purchasing such coverage were generally large with substantial inventories.  Small independent jewelers had little knowledge, if any, of the coverage or how to purchase it. If they offered it at all, most insurance companies had minimum premiums starting at thousands of dollars.

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