Last updateWed, 07 Oct 2015 11pm

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Post-KP Plenary: JA & DMIA note continued need for reforms, vigilance and challenges for U.S. businesses

The associations believe that, despite some progress, much work remains and U.S. companies face legal restrictions on dealing with diamonds from Marange, Zimbabwe

(NEW YORK) – Jewelers of America (JA) and the Diamond Manufacturers & Importers Association of America (DMIA) – national trade associations whose combined membership represents fine jewelry retailers, diamond traders and manufacturers in the U.S. – are encouraged that steps were taken to preserve the Kimberley Process Certification Scheme (KPCS) during the recent KP Plenary, but continue to have specific concerns related to the KP’s decision to allow the export of goods from the Marange region of Zimbabwe.

The rush job from Hell

In the jewelry business we all get rush jobs, but I think this one may just get the prize for being the most work in 48 hours anyone has ever tried to get done. This nice young executive from the Trek Bicycle Corporation called us in a panic and said we were his last hope. He needed 11 pure platinum, 21 pure gold, 36 pure silver and 101 bronze map pins, plus 2 pure platinum tie tacks for presentation purposes. In all it totaled 171 finished pieces by noon on Thursday. It was noon on Tuesday before he made it to the shop so we had 48 hours to do the job. We told him it was not gonna be cheap, but we would be fair. His boss, the president of Trek, had already told him that the mission was impossible. We were pretty sure we could do it IF we could get all the materials, so we took on “Mission Impossible”! Here is how we did it.

Former retailers finding success with wholesale company

TimeInvestor offers high quality, pre-owned Rolex watches

When two retailers decided to combine their extensive jewelry knowledge and decades of experience to create a wholesale business they chose to focus on the area they knew best: watches - specifically pre-owned Rolex watches. Selling their store in 2007, Paul and Cristy Hughes officially came around to the other side of the counter when they opened the doors to TimeInvestor that same year.

Heraldica Imports – creating family crest jewelry for 40 years

Heraldica Imports celebrates more than 40 years of creating heirloom-quality, family crest jewelry engraved by hand.

Mr. Cuchi, CEO of the company, started the business in 1967 selling directly to consumers. In the early ‘70s he expanded his distribution to include retail stores and, today, has more than 2500 jewelers across the US selling Heraldica product.

Guy Harvey Jewelry line - an affirmation of old world craftsmanship with a cause

Nautora, maker of Guy Harvey Fine Jewelry, contends its jewelry is the essential finishing touch that reveals to the world one’s love of the sea and the nautical lifestyle. Through of a lifetime of interaction with nature and the oceans,  Dr. Guy Harvey continues to capture a variety of marine wildlife in their natural habitat with extraordinary detail.   Sea creatures figuratively come to life with his brush.

Jewelers Mutual® gives back to charities in partnership with Sarah’s Hope® Jewelry

(NEENAH, Wis.) - Jewelers Mutual Insurance Company is involved in two separate, but equally giving programs during the holiday season. One is a nationwide consumer contest while the other is a retailer program. Both partner with Sarah’s Hope® Jewelry to give back to charities serving various local communities.

Jewelers of America releases 2011 Cost of Doing Business Report

(NEW YORK) - Jewelers of America (JA), the national trade association for businesses serving the fine jewelry retail marketplace, has released the 2011 Jewelers of America Cost of Doing Business Report, a valuable benchmarking tool for retail jewelers – the only one of its kind. With 45 pages of comprehensive data tables on a cross section of jewelry firms, JA asserts it is the most complete comparative financial resource available to specialty jewelers in the U.S.

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