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How jetsetting thieves who stole over $3M in diamonds, jewelry were caught

ht jewel thieves 01 lb 150729 4x3 992When Portland, Oregon police department Det. Eric McDaniel and Sgt. Brian Hughes began to interrogate a thief who had robbed a local jeweler, they had no idea they were about to learn that the con man would lead them to a nationwide crime spree masquerading as a shopping spree.

A pair of diamonds worth $150,000 were stolen in Dec. 2010 from the David Marguilis’ jewelry store in Portland, and it was three months later when police got a tip that identified one of the thieves as Victor Lupis.

Will the smartwatch replace the traditional watch? Retailers, experts say no

900x506Watch display cases fill a prominent spot in the center of Smyth Jewelers' sprawling Timonium store, where groups of shoppers last week surveyed the selection, from top-of-the-line Breitling Bentleys to the fashionable Michele women's line with interchangeable straps.

"It's a big part of what we do," said Josh Makowski, director of the sales for the Baltimore-based retailer. "The watch industry has done a great job of keeping up with the time. They … keep the lines fresh and moving along with the time — no pun intended."

Female robber carries out gunpoint robbery

JSA nlJewelers’ Security Alliance offering reward of up to $5,000 for information leading to the arrest

(PANAMA CITY BEACH, Fla.) – On August 11 at 10:10 a.m. the pictured white female suspect entered a retail jewelry store, asked about some watches, and lured two sales associates to the rear of the store. Once there, a male suspect walked in front of the store and removed the prop that was holding the front door open, but he never entered the store. Once the front door was closed, the female suspect pulled a handgun, ordered both associates to drop their showcase keys, zip tied the two sales associates, and ordered them into the back breakroom. The female suspect then locked the front door and removed watches and diamond goods from the showcases. The suspect exited the store at 10:22 a.m.

Diamonds may be the next big thing in the futures market

Move over gold bugs! Futures traders in precious assets may have a new best friend: diamonds.

That’s if Martin Rapaport has his way. The chairman of the Rapaport Group, a source of pricing and other market information in the diamond world, first wrote a diamond-derivatives proposal for the New York Commodities Exchange back in 1982. It was rejected.

But Rapaport has been working on it ever since—and believes that creating a futures market for diamonds is well within reach. In fact, he’s aiming for a late 2016 to early 2017 launch.

CLICK HERE to read the full article at www.marketwatch.com

US Jewelry Market Smaller Than Earlier Estimates

(IDEX Online News) – New data from the Department of Commerce shows that sales of fine jewelry and watches in the US market were $74.7 billion in 2014, down from the government’s earlier estimates of $78.1 billion. The Department of Commerce also revised annual sales for 2013 downward, but surprisingly nudged its 2012 sales estimate upward modestly. The government did not revise other years. 

The graph below summarizes annual sales trends in the...

CLICK HERE to read the full article at www.idexonline.com



JewelryCADTraining.com offers affordable CAD training online

CAD(FORT MYERS, Fla.) - Glaser CAD CAM Advisers LLC is pleased to announce, JewelryCADTraining.com, jewelry specific CAD (Computer Aided Design) training is now open for business.

JewelryCADTraining.com is offering elementary to cutting-edge training on newer and older versions of Matrix, Rhino, Magics and will be adding ZBrush and RhinoGold in the near future. The online learning tool will feature videos, course material downloads and live webinars from the industry’s top jewelry CAD software trainers and professionals. JewelryCADTraining.com experts will show you the latest CAD techniques for the most popular and complex designs in the jewelry industry. Specifically designed for jewelry designers, retail storeowner and professionals, JewelryCADTraining.com will help industry professionals increase their skill level with these popular CAD programs.

Rio Grande issues Call for Entries for 2016 Saul Bell Design Award Competition

Rio Grande has issued the call for entries for the 2016 Saul Bell Design Award competition. Now in its 16th year, the international competition encourages designers to push the limits of their skills and imaginations as they create original jewelry art.

“These are people who care deeply and passionately about our craft; most of them have dedicated a lifetime to honing their skills,” says Alan Bell, President of Rio Grande, which hosts the annual competition. “Everyone in the industry benefits from their design leadership and the excitement they bring to the jewelry and metal arts - the new directions and possibilities that emanate from them, and spread to the wider jewelry world.”