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5 Takeaways from Las Vegas
The Las Vegas jewelry show season injected some confidence back into the diamond trade, despite a drop in attendance. Beyond the trading prospects for buyers and suppliers, last week’s shows provided a snapshot...
Polished Markets Jun 15, 2017 Avi Krawitz
James C. Polan OPIC
U.S. Backs Funding for Botswana Diamond Trade
The U.S. government has agreed to guarantee a $125 million loan to Botswana’sdiamond manufacturing industry to promote local job creation and strengthen thenation’s economic growth.The loan, provided by Barclays Bank of Botswana, will helpkeep activities such...
Financial-Legal Jul 26, 2016 Rapaport News
JCK Las Vegas 2016
Vegas Shows Reveal Stable, Fast-Changing Market
As a bellwether for the U.S. jewelry market and global diamond industry, this year’s Las Vegas shows met the trade’s conservative expectations. While foot traffic and diamond trading were slightly slower than...
Polished Markets Jun 16, 2016 Avi Krawitz
Lazare Kaplan Inc
Lazare Kaplan Subject to SEC Action over Failure to Submit Filings
The Securities and Exchange Commission (SEC) has filedadministrative proceedings against Lazare Kaplan International Inc. alleging theNew York diamond manufacturing firm failedto submit periodic reports since February 2009.TheSEC alleges Lazare Kaplan...
Financial-Legal Dec 31, 2015 Rapaport News
George Kaplan
George Kaplan of LKI Dies at Age 97
George Kaplan, the former vice chairman of Lazare Kaplan Inc. (LKI) and former chairman of the Gemological Institute of America (GIA), died on July 12 at the age of 97.Kaplan, born in Brooklyn in 1918, was the son and...
Polished Markets Aug 09, 2015 Rapaport News
lazare kaplan
Lazare Kaplan's Revenue -32% in 3Q
Lazare Kaplan International estimated that revenue fell 31.9 percent year on year to $9.8 million in the third quarter that ended on February 28 and that diamond sales declined 33.8 percent to $9.2 million, while revenue...
Manufacturing Apr 17, 2015 Jeff Miller
lazare kaplan
Lazare Kaplan's Anticipates 2Q Revenue -61%
Lazare Kaplan International anticipates that revenue will drop nearly 61 percent year on year to $11.4 million for the second quarter that ended on November 30. The company informed the Securities & Exchange Commission...
Financial-Legal Jan 15, 2015 Jeff Miller
lazare kaplan
Lazare Kaplan's FY Revenue +4% to $71M
Lazare Kaplan International anticipates that revenue rose by $3 million to $71 million for the fiscal year that ended on May 31, 2014. However, sales plummeted 20.4 percent year on year $54.3 million, due to a decrease...
Manufacturing Sep 03, 2014 Jeff Miller
lazare kaplan
Lazare Kaplan's 3Q Revenue -6%
Lazare Kaplan International provided an operational update on its third fiscal quarter that ended on February 28, for which revenue declined 5.9 percent year on year to $14.3 million. Net sales fell 9.2 percent to $13.9...
Financial-Legal Apr 18, 2014 Jeff Miller
court
Lazare Kaplan's Revenue Rises From GIA Settlement
Lazare Kaplan International Inc. informed the Securities & Exchange Commission (SEC) that it would again be late in filing financial statements for the second fiscal quarter that ended on November 30. Lazare Kaplan has...
Manufacturing Jan 16, 2014 Jeff Miller
lazare kaplan
Lazare Kaplan Estimates 1Q Sales -30%
Lazare Kaplan International predicted that its revenue will reflect a 30 percent year-on-year drop to $13.5 million for its first fiscal quarter that ended on August 31. The anticipated decrease in sales was attributed to a decrease...
Manufacturing Oct 16, 2013 Jeff Miller
lazare kaplan
Lazare Kaplan Estimates FY Sales -36% to $68M
Lazare Kaplan International Inc. notified the Securities and Exchange Commission (SEC) of its intention to again file its most recent fiscal-year report late for the period that ended on May 31, 2013, following...
Financial-Legal Sep 09, 2013 Jeff Miller
lazare
Lazare Kaplan Helps Five Rand Primary School
Press Release: Lazare Kaplan International Inc. keeps giving back to the community with both their Lazare Ongoma Initiative and their Hearts for Hope pendant. Marcee Feinberg, Lazare Kaplan’s vice president, presented...
Marketing Aug 01, 2013 Lazare Kaplan
Court
Lazare Kaplan Wins Appeal Against Lower Court in RICO Case
The United States Court of Appeals for the Second Circuit issued a summary order in support of Lazare Kaplan International, vacating the judgment of the District Court and remanding the case for further proceeding. In December...
Financial-Legal Jun 21, 2013 Jeff Miller
lazare kaplan
Lazare Kaplan Anniversary Necklace Wins Buyer's Choice Award
Press Release: Lazare Kaplan International (LKI) Inc. announced that its spectacular “110th Anniversary Necklace” won the Platinum Guild International (PGI USA) design award in the Red Carpet category at the 2013 JCK...
Marketing Jun 13, 2013 Lazare Kaplan
diamond pendant
Lazare Kaplan Commemorates 110th Anniversary by 'Giving Back'
Lazare Kaplan International Inc. will celebrate its 110th anniversary this year by making charitable donations to multiple industry organizations. Lazare Kaplan will kick off its “Hearts for Hope” charitable donation campaign during...
Manufacturing May 28, 2013 Jeff Miller
lazare kaplan
Lazare Kaplan Estimates 3Q Sales -31% to $15M
Lazare Kaplan International Inc. notified the Securities and Exchange Commission (SEC) that it would again be filing a quarterly financial report late for the fiscal period that ended on February 28, 2013. Nonetheless, Lazare...
Financial-Legal Apr 16, 2013 Jeff Miller
Court
Lazare Kaplan's RICO Suit Must be Tried in Belgium
U.S. District Judge Andrew Carter dismissed Lazare Kaplan's Racketeer Influenced and Corrupt Organizations Act (RICO) suit against defendants KBC Bank and Antwerp Diamond Bank of Belgium. While all parties involved do office...
Financial-Legal Sep 06, 2012 Jeff Miller
lazare kaplan
Lazare Kaplan Anticipates a 23% Drop in Revenue
Lazare Kaplan International anticipates that its fiscal 2012 revenue will reflect a 23 percent year-on-year decline at $105.7 million for the 12 months that ended on May 31. The decrease in sales primarily reflected a drop in rough...
Financial-Legal Aug 30, 2012 Jeff Miller
lazare kaplan
Lazare Kaplan Names the Winners of JCK Drawings
Press Release: Lazare Kaplan International Inc. invited retailers around the world attending the JCK shows to visit at their booth to “Discover Lazare” as they unveiled their 2012 campaign, LAZARE™ – YOU JUST KNOW™. Retailers...
Marketing Jul 09, 2012 Lazare Kaplan
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