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Blue Nile
Blue Nile Hires Permanent CEO
Blue Nile has appointed Sean Kell as CEO, ending its searchfor a permanent chief executive, the online jewelry retailer said Tuesday. Hereplaces Eric Anderson, a vice-president at parent company Bain Capital, who filledthe position...
Retail Aug 21, 2019 Rapaport News
Circa Mondiamo merger
Jewelry Firms Merge to Tap Secondhand Market
Two companies dealing in pre-owned luxury jewelry and watches have merged, aiming to tap into what they claim is a $1 trillion market. Circa and Mondiamo will continue to operate under two separate names and logos,...
Retail Jul 30, 2019 Rapaport News
WFDB
Blom Urges KP to Define Systemic Violence
The war on conflict diamonds will remain at a standstilluntil the industry can agree on what constitutes systemic violence, according to World Federation of Diamond Bourses (WFDB) president Ernie Blom. The lack of agreement on the matter is preventing...
Polished Markets Jul 29, 2019 Leah Meirovich
Blue Nile
Blue Nile Reveals Which Shapes Sell Best
Round diamonds have long been the most popular in the US, but fancy shapes also have a following in certain cities, according to a study by Blue Nile. Round-cut diamonds continue to be the most popular shape inmost...
Mining May 21, 2019 Rapaport News
Diamond Foundry
Diamond Foundry Hikes Output, Prices
Diamond Foundry is increasing its production more than tenfoldand raising wholesale prices 15%, as it predicts an uptick in demand forlab-grown diamonds. The company believes there is a shortage ofsynthetic-diamond supply while consumer interest in the product is rising....
Polished Markets Jan 09, 2019 Joshua Freedman
Blue Nile CMO
Blue Nile Hires Ex-Starbucks Marketing Executive
Blue Nile has appointed former Starbucks executive AlexandraWheeler as chief marketing officer. Wheeler will lead the company’s brand-marketing andcustomer-experience teams. She will focus on creating an “integrated andmeaningful brand experience” for Blue Nile’s...
Retail Dec 09, 2018 Rapaport News
Blue Nile webroom
Blue Nile Names New Merchandising Head
Blue Nile has appointed Katie Zimmerman as chiefmerchandising officer, a role that entails overseeing bridal and fashionjewelry. “Katie brings a unique eye and thoughtful analysis tomerchandising,” said CEO Jason Goldberger, to whom Zimmerman will...
Retail Mar 22, 2018 Rapaport News
Virginia Drosos Signet
2017’s Diamond Merry-Go-Round
The past year has seen a number of changes in management-levelemployees within the diamond industry. Here’s a breakdown of the new faces anddepartures for 2017: Alrosa CEO Andrey Zharkov stepped down to besucceeded by former Sberbank senior...
Polished Markets Dec 26, 2017 Rapaport News
Frederic Cumenal Tiffany
Ex-Tiffany Boss Joins Blue Nile Board
Online diamond retailer Blue Nile has appointed formerTiffany & Co. CEO Frédéric Cumenal to its board of directors.Cumenal (pictured) left Tiffany in February, having been in the topjob since April 2015. He was previously the...
Retail Oct 16, 2017 Rapaport News
Blue Nile Webroom
Blue Nile Makes Key Executive Appointments
Blue Nile has named three new members of its seniorexecutive team.Erin Daley, a marketing veteran of 20 years, will join theonline diamond retailer as chief marketing officer, Blue Nile said in astatement last week. She was...
Retail Oct 01, 2017 Rapaport News
Blue Nile Webroom
Blue Nile to Open Sixth Webroom
Online jewelry retailer Blue Nile continues its expansion to physical locations as it plans to open a sixth webroom later this year. The platform will be located at the Mall at Rockingham Park, in Salem, New Hampshire, enabling visitors...
Retail Jul 23, 2017 Rapaport News
Jason Goldberger Blue Nile
Target Exec to Become Blue Nile CEO
Blue Nile has appointed Target executive Jason Goldberger asCEO to replace Harvey Kanter, four months after the online diamond retailer’sacquisition by a private-equity group.Goldberger (pictured) has 20 years’ experience in senior positions at e-commercegroups, including Amazon,...
Retail Jun 11, 2017 Rapaport News
tiffany
Blue Nile Launches Used-Diamond Business
Blue Nile introduced a service that allows consumers to selldiamonds for cash, claiming to offer better prices and more transparency than the traditional buyback sector.The service, developed in partnership with ecommerce specialistMondiamo, is only available...
Polished Markets Jan 22, 2017 Rapaport News
Bull
Diamond Shares Sparkle in Bullish 2016
Jewelry and diamond mining stocks gained in 2016, ridingthe wave of resurgent financial markets in the last two months of the year.The strong performance mirrored the Dow Jones IndustrialAverage, which leapt 13 percent for the...
Financial-Legal Jan 01, 2017 Joshua Freedman
Kay
Diamond Retailers Cutting Prices for Cyber Week
Retailers in the U.S. and Asia are offering deepdiscounts on jewelry for Cyber Week to lure early-bird holiday shoppers viatheir ecommerce sites.Cyber Week, together with Black Friday, is theall-important curtain raiser to the U.S. holiday...
Retail Nov 28, 2016 Rapaport News
Harvey Kanter
Blue Nile to be Sold for $500M
Blue Nile agreed to be acquired by a private-equity investor group as the online diamond retailer’s profit slumped in the third fiscal quarter.Bain Capital PrivateEquity and Bow Street will buy all outstanding shares of BlueNile common stock...
Retail Nov 07, 2016 Rapaport News
Seattle
Blue Nile to Open Webroom in Seattle
Blue Nile will open a ‘webroom’ near its headquarters inSeattle, Washington, as the online diamond retailer expands itsbricks-and-mortar footprint with its fifth physical store.The ‘webroom’ concept allows customers to try out engagementrings on-site...
Retail Sep 07, 2016 Rapaport News
Harvey Kanter
Blue Nile Sales Below Expectations
Blue Nile missed its own quarterly revenue and earnings guidance as engagement ring sales slowed amid global economic uncertainty.Revenue crept up 0.1 percent to $113.8 million in the secondquarter ending July 3, with U.S. engagement-ring...
Retail Aug 09, 2016 Rapaport News
blue nile logo
Blue Nile’s 1Q Revenue Falls as Engagement Sales Drop
Blue Nile’s sales declined 3.2 percent in its first fiscal quarteras the online retailer suffered from a “challenging environment” amid a slumpin engagement sales. Revenues fell to $103.1 million, with U.S. sales ofengagement jewelry...
Retail May 05, 2016 Rapaport News
blue nile logo
Blue Nile Terminates South Dakota Business Over Tax Law
Blue Nile has stopped shipping to South Dakota in response to an“unconstitutional” new state law that requires online retailers to collectsales tax. “South Dakota’s law is a direct contradiction to federal law,” a Blue Nile spokesperson said in a statement...
Financial-Legal May 05, 2016 Rapaport News
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