Last updateTue, 17 Apr 2018 11pm

On The Move

Continental Buying Group and Preferred Jewelers International hire Estelle Hedaya

Both the Continental Buying Group (CBG) and Preferred Jewelers International (PJI) have reported continued growth and success in 2015.

Testimony from Goldsmith Jewelers, Billings, MT, says it all: “If you’re a jeweler you know just how big a deal being a member of the Continental Buying Group really is - especially because of how difficult it is to become part of this prestigious group. To be a CBG member you have to maintain a perfect credit rating and more importantly you have to be BIG. The CBG Jewelers list is a ‘Who’s Who’ of the best and biggest independent jewelers in the fine jewelry category from across the country. Ultimately, CBG is a buying group. The 100 CBG Jewelers buy their inventory together and get much better discounts because of the massive amount of jewelry we buy. Consequently, Goldsmith Co. pays rock bottom prices for every piece of jewelry it purchases. This equates to the best prices for quality jewelry anywhere, guaranteed.”

Endless Jewelry strengthens senior management and secures investment

Endless Moonga“We proudly announce that we are strengthening the Endless Jewelry brand as well as streamlining our internal organization and management structure by appointing Paul Moonga as our new CEO of Endless Jewelry International,” said Jesper Nielsen, founder of Endless Jewelry. 

“Paul has formerly successfully built strong brands and profitable telecom companies in a number of international markets as well as operated brand franchise operations in the fashion industry. We look forward to a strong partnership with him supporting our tremendous international growth.

Synchrony Financial and The Jewelry Exchange extend decade-long consumer financing relationship

(STAMFORD, Conn. & TUSTIN, Calif.) - Synchrony Financial, a premier consumer financial services company with 80 years of retail heritage, has announced a multi-year extension of its agreement to continue providing a private label credit card financing program for The Jewelry Exchange, a direct diamond importer with 16 U.S. locations.

Rembrandt Charms announces additions to sales team

(WILLIAMSVILLE, N.Y.) - Rembrandt Charms is pleased to announce the addition of Account Executives Caroline Bonalsky and Jennifer Urbaniak to its sales team. The company also welcomes Maria Tracy as a Regional Account Manager.

Bonalsky comes to Rembrandt Charms from Florida where she worked with a fragrance distributor, managing Bvlgari, Hermès and Beaute Prestige International brands in the Caribbean. She also holds ten years of retail management experience.

Endless opens first mono-brand store, hosts Mega Event

EndlessThings are never quiet in the world of Endless Jewelry. On the weekend of June 13, the fast-moving jewelry brand opened its first ever mono-brand store in Tallinn, Estonia, and hosted a mega event for thousands of guests in the center of Hamburg – these major events were “a natural evolution of the brand,” says Endless founder Jesper Nielsen.

First ever Endless Jewelry mono-brand store

Endless Jewelry opened the doors to its first ever mono-brand store, also marking the brand’s entrance into Estonia, making Estonia the 23rd new market for the brand in less than two years.

Jewelers Mutual welcomes Mike Alexander as Senior VP of Commercial Lines

Mutual Alexander(NEENAH, Wis.) - Jewelers Mutual Insurance Company is pleased to announce that Mike Alexander has joined the organization as Senior Vice President of Commercial Lines, overseeing all aspects of commercial lines operations and sales.

“I’m very excited to have Mike Alexander join the Jewelers Mutual team, and I’m looking forward to our business continuing to grow and develop in exciting new ways,” said Scott Murphy, president and CEO. “Mike is a natural leader, and he brings strong leadership traits, analytical skills and a successful history of sales and agency partners to our team.”

DCA announces new Board of Directors

DCA(NASHVILLE, Tenn.) - At its annual meeting in Las Vegas the Diamond Council of America’s (DCA) Board of Directors created a new lineup for itself. Bill Luth (Zale Division of Signet Jewelers) was elected Chairman of the Board. Pete Engel (Fred Meyer Jewelers) became Vice President, Steve Velasquez (Bailey, Banks, and Biddle) became Secretary/Treasurer, and Bud Fluty (Absolute Brilliance) moved to the position of Past Chairman.

Tony Lum (Michael Hill) and Emma Ward (Signet Jewelers UK) joined the Board as new members, while Dan Casanova (Riddle’s Jewelry), Todd Chandler (Helzberg Diamonds), Chuck Kuba (Iowa Diamond), Kate Peterson (Performance Concepts), Darrell Warren (Stuller), and Josh Weinman (Firestar Diamond) continued their service as DCA Directors.