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Berkshire Hathaway 150
Retail Sales Slide at Berkshire Hathaway
Revenue from the retail division of Warren Buffett’s Berkshire Hathaway fell 16% to $3.37 billion in the second quarter, the company reported Saturday.The division, which includes jewelry chains Borsheims, Helzberg Diamonds and Ben...
Retail Aug 09, 2020 Rapaport News
Tiffany store NY 150
US Jewelry Stores Begin Reopening
US jewelers have restarted business in many states following a more than two-month shutdown to stem the spread of Covid-19.Signet banner Kay Jewelers has opened nearly 120 stores across the country, while business has resumed...
Retail May 26, 2020 Rapaport News
Berkshire Hathaway
Retail Sales Rise at Berkshire Hathaway
Revenue from the retail division of Warren Buffett’s Berkshire Hathaway rose 2.5% to $16 billion in 2019, the company reported Saturday.The increase for the segment, which includes jewelry chains Borsheims, Helzberg Diamonds and...
Retail Feb 24, 2020 Rapaport News
GIA Susan Jacques
JVC Honors GIA’s Susan Jacques
The Jewelers Vigilance Committee (JVC) has presented Gemological Institute of America (GIA) CEO Susan Jacques with the Stanley Schechter Award.The accolade, which was established in 2002, recognizes industry leaders who have raised...
Polished Markets Jan 20, 2020 Rapaport News
Gem Awards
JA Honors Ed Bridge at GEM Awards
Jewelers of America (JA) honored retailers, designers and journalists at Friday’s GEM Awards in New York.Ed Bridge, who ran the family-owned Ben Bridge Jeweler until his retirement in November 2018, picked up the Lifetime Achievement...
Polished Markets Jan 12, 2020 Rapaport News
MJSA
Alan Bell to Receive Lifetime Achievement Award
Manufacturing Jewelers & Suppliers of America (MJSA) has named Alan Bell, former president of Rio Grande, as the recipient of its Lifetime Achievement Award.Bell began working for Rio Grande, the jewelry-supply store his father...
Polished Markets Jan 12, 2020 Rapaport News
eBay
eBay Lists Priciest Jewelry Sold Last Year
A 5.01-carat yellow-diamond ring was the most expensive piece of jewelry purchased on eBay in 2019, selling for $65,950.The piece, which is set on a gold band and flanked by 1-carat side stones, was one of two yellow diamonds...
Retail Jan 07, 2020 Rapaport News
Berkshire Hathaway
Retail Sales Rise at Buffett-Owned Conglomerate
Revenue from the retail division of Berkshire Hathawayincreased 5% to $4.04 billion in the third quarter, the company reportedSaturday. The improvement in the division, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben Bridge Jeweler, was...
Retail Nov 04, 2019 Rapaport News
Borsheims
Borsheims Creates Customer-Focused VP Role
Borsheims has promoted Adrienne Fay to vice president, putting her in charge of overseeing the customer-purchase journey. In the newly-created role, she will also be responsible for uniting the online and in-storeshopping experiences. The move...
Retail Sep 15, 2019 Rapaport News
Berkshire Hathaway
Retail Sales Rise at Berkshire Hathaway
Revenue from the retail division of Warren Buffett’sBerkshire Hathaway increased 2.5% to $4.03 billion in the second quarter, thecompany reported Saturday. The improvement in the division, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben...
Retail Aug 05, 2019 Rapaport News
Helzberg Diamonds
Helzberg Diamonds Launches Synthetics Line
Helzberg Diamonds has launched its owncollection of lab-grown jewelry, Light Heart, citing increased consumer demand for synthetics. The jeweler — owned by Warren Buffett’s Berkshire Hathaway— first introduced the line late last year...
Retail Feb 13, 2019 Leah Meirovich
Ben Bridge
Buffett-Owned Ben Bridge Names New CEO
Lisa Bridge will succeed her father Ed Bridge as CEO of BenBridge Jeweler, a subsidiary of Warren Buffett’s Berkshire Hathaway. Lisa Bridge became the retailer’s first female president andchief operating officer last year. Since then,...
Retail Nov 15, 2018 Rapaport News
Borsheims 150
Berkshire Hathaway Sees Retail Jump
Revenue from the retail division of Warren Buffett’sBerkshire Hathaway increased 5% to $3.93 billion in the second quarter, thecompany reported Saturday. The improvement in the division, which includes jewelrychains Borsheims, Helzberg Diamonds and Ben Bridge...
Retail Aug 05, 2018 Rapaport News
Dennis Ulrich Richline
Richline CEO Dennis Ulrich to Retire
Dennis Ulrich is retiring from his position as CEO ofRichline Group, the company said Saturday.Dave Meleski, the current president of Richline, willsucceed Ulrich (pictured), who has held the position at the Warren Buffett-owned company...
Manufacturing May 13, 2018 Rapaport News
Pink synthetics
Buffett Store to Sell World’s Largest Pink Synthetic
A synthetics manufacturer has partnered with WarrenBuffett-owned jewelry retailer Borsheims to unveil what it claimed was thelargest pink lab-grown diamond in the world. ALTR Created Diamonds unveiled the Asscher-cut, 3.99-carat,fancy orangey-pink, VS2-clarity stone last...
Polished Markets May 08, 2018 Rapaport News
TrustChain 150
IBM Launches Blockchain for Jewelry
IBM has partnered with members of the diamond and jewelryindustry to create a blockchain platform for improving traceability.The technology giant will work with retailer HelzbergDiamonds and jewelry manufacturer Richline Group — both subsidiaries of WarrenBuffett’s...
Mining Apr 29, 2018 Rapaport News
Warren Buffett Announces Jewelry Results 150
Buffett’s Conglomerate Sees Slight Retail Drop
Revenue from the retail division of Warren Buffett’s Berkshire Hathaway slipped0.2% to $15.06 billion last year, the company reported Saturday.The decline in the segment, which includes jewelry chains Borsheims, Helzberg Diamonds and Ben...
Retail Feb 27, 2018 Rapaport News
Lisa Bridge Ben Bridge
Buffett’s Ben Bridge Names First Female Boss
Ben Bridge Jeweler has appointed Lisa Bridge as its firstfemale president amid a shake-up of senior positions at the family-runretailer.Bridge (pictured), previously vice president of education andcreator of the Lisa Bridge Collection, also took on the role...
Retail Nov 08, 2017 Rapaport News
Ever Us Two-Stone Ring
Pleading Signet’s CSR Case
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you would do things differently.” — Warren Buffett. Signet Jewelers has had a frustrating time of late. In the past year,...
Retail May 11, 2017 Avi Krawitz
ben bridge
Sales Slip at Buffett-Owned Retail Business
Berkshire Hathaway’s retail sales declined 1.5% to $3.48billion in the first quarter, mainly due to lower performance at its car dealershipand confectionery businesses.Revenue at Berkshire Hathaway Automotive (BHA) fell 2%,primarily because of a lower number of vehicle sales,...
Retail May 07, 2017 Rapaport News
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