Archive for March 1st, 2006
House of Taylor Jewelry, Inc. Moves to NASDAQ Capital Market
Tuesday February 28, 9:00 am ET
[Press Release] PR Newswire via Yahoo! FinanceÂ
Company to Begin Trading March 1, 2006 Under New Symbol HOTJ
LOS ANGELES, Feb. 28 /PRNewswire-FirstCall/ — House of Taylor Jewelry, Inc. (OTC Bulletin Board: HJWL - News), an international multi-brand jewelry marketing company whose principal shareholders include Elizabeth Taylor and Kathy Ireland, has received notification from NASDAQ that the company’s stock has been accepted for listing on the Capital Market effective March 1, 2006. The company will trade under the symbol HOTJ.
“The timing was perfect,” stated CEO Jack Abramov, “Dame Elizabeth and Kathy Ireland were notified of this while celebrating Dame Elizabeth’s birthday together yesterday. The involvement of Dame Elizabeth and Kathy Ireland in product assortment, design direction and media support is a real asset to our company and unique in our industry.”
He continued, “We believe the NASDAQ listing will increase the visibility of the company, enhance the liquidity of our stock and benefit our shareholders.”
The company is developing an innovative branding strategy that spans the jewelry market spectrum from entry-level to couture. House of Taylor Jewelry markets its products under the Kathy Ireland Jewelry®, House of Taylor®, and Elizabeth® Collection brands, through retailers ranging from chic Gearys Beverly Hills on Rodeo Drive to independent jewelers across the country.
“Consumer awareness of House of Taylor jewelry has reached international levels,” said Abramov. “We continue to focus on building a strong foundation and business capable of satisfying the tremendous response from retailers and consumers worldwide for our brand.”
“This is a very exciting moment in the development of House of Taylor Jewelry Inc. I am delighted. Something wonderful is about to happen,” this said Dame Elizabeth Taylor.
“Seeing the vision of Dame Elizabeth’s genius realized in this way is amazing. I am humbled to be allowed to work with her, learn from her and design for House of Taylor Jewelry Inc.,” said Kathy Ireland.
The company will be introducing new designs to the retail trade at three industry shows in late May and early June. The Couture International show is an invitation-only event for the top couture jewelry retailers worldwide and will be held May 30-June 2 at the Wynn Las Vegas. The JCK show is being held in Las Vegas at the Sands Expo and Venetian Hotel on June 3-7, and Signature Salons show will be held concurrently at the Wynn Las Vegas.
About House of Taylor Jewelry
House of Taylor Jewelry, Inc. is a Los Angeles-based international jewelry company whose principal shareholders include Dame Elizabeth Taylor, Kathy Ireland and members of the Abramov family. House of Taylor Jewelry serves fine jewelry retailers worldwide with diverse jewelry creations marketed under the prestigious House of Taylor® Jewelry brands. More information on the company can be found at http://www.hotj.com.
The statements included in this press release concerning predictions of economic performance and management’s plans and objectives constitute forward-looking statements made pursuant to the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that could cause actual results to differ materially from those set forth in the forward-looking statements include: the availability of funding for current and future operations; the acceptance of our branded products in the marketplace; and the characteristics and pricing of our branded products as compared to competing products as well as others discussed in House of Taylor Jewelry, Inc.’s filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. House of Taylor Jewelry, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: House of Taylor Jewelry, Inc.
March 1st, 2006
Kirks Folly Creates Vintage Heirloom Jewelry
BellaOnline
A family-owned business started in New York City in 1979, Kirks Folly specializes in fantasy jewelry and has grown in popularity with its frequent appearances on home-shopping channel QVC. The collection spans such whimsical themes as fairies and fantasy animals to romance and storybook legends. The company offers a sparkling selection of necklaces, earrings, watches, pins, hair accessories, bracelets, charms, anklets, and “handy helpers,” and many out-of-date and sample pieces have become hot collectors’ items on the online auction sites.
The Kirks Folly story started with the magical creations of sisters Helen and Jenniefer Kirk. After designing embellished hair ornaments (Glitter Sticks), the sisters began a campaign to sell their jewelled creations to major department stores in New York. Enchanting store owners and customers alike, the sisters recruited their brother, George, and sister, Elizabeth, to help keep up with the success of their products. The fledgling family company adopted Jenniefer´s personal philosophy, “If you can dream it and believe it, you can do it.”
In 1992, the QVC channel decided to take a chance on the fanciful creations of Kirks Folly with an hour-long show, which paid off after the fairy-tale and angelic-themed products sold out in the first 40 minutes. The television audience fell in love with the detailed fantasy designs, and Kirks Folly has been a popular QVC guest ever since, with a collection that continues to grow with each pasing year.
For those captivated by ornate, glittering jewelry with whimsical designs, then the Kirks Folly jewelry collection might be something to consider. There are pieces for every price range, and a large online gallery ensures that everyone can find something to suit their tastes. It’s a wonderful resource for unique holiday jewlery, pins for new and expectant mothers, and birthday jewelry. The company also frequently designs pieces that address current events and society issues such as tsunami relief, US troop support, Alzheimers awareness, cancer support and AIDS awareness. For those interested, the company has an online Fantasy Club, and offers free newsletters that keep customers updated on current and future offerings as well as information about this charming family company.
March 1st, 2006
2006/7 Indian Budget Well Received by Gem and Jewelry Sector
(February 28, ‘06, 4:03 IDEX Online Staff Reporter)
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Following the 2006-7 Indian budget speech, Bakul R. Mehta, the chair of the Gem & Jewellery Export Promotion Council has congratulated the Finance Minister, Shri P. Chidambaram for the special considerations made towards the gem and jewelry sector.
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Says Mehta, “the Indian gem and jewelry industry is now set to make a quantum leap forward.” In his budget, the minister announced the establishment of an expert committee to consider recommendations proposed by the industry, which will help India become an international gem and jewelry trading hub.
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The committee is expected to work out details, rationalize taxes, and streamline rules within the next month or so. This, together with the minister’s in-principle agreement to replace income-tax for the gem and jewelry industry with a presumptive tax – as is already the norm in international centers – will boost exports, increase foreign direct investment in this sector and let India move to the forefront of the global gem and jewelry industry
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The Gem & Jewellery Export Promotion Council also welcome the finance minister’s announcement that with declining import duties, export oriented units (EOU) should be on a par with domestic tariff area (DTA) units. “The announcement of EOU to be made at par with DTA units is also a welcome move as it would provide the same level playing field and help industry boost its exports in future,” says Mehta.
March 1st, 2006
VNU Expositions expands jewelry team
FEBRUARY 28, 2006 - New York — VNU Expositions has appointed Lee Arevian as vice president of its Jewelry Group.
Bringing 15 years of experience in the trade show industry to his new role, Arevian served most recently as group show director for VNU’s Hospitality Design Group. In his new position, Arevian will oversee all aspects of the business serving the jewelry industry, which include the JA Shows, Couture Jewellery Collection & Conference, Signature Salons and the VNU Fine Jewelry CEO Summit.
“Lee’s extensive tradeshow experience, leadership skills and experience in the design marketplace make him the ideal candidate for this important position,” VNU Expositions Jewelry & Entertainment Group President John Failla said in a company release.
In addition, VNU Expositions named Nancy Robey to the new executive post of Jewelry Group Vice President of Global Business Development. She will remain involved with the Couture Jewellery Collection & Conference, and will report to Arevian.
The company also named Rhonda Bloom as Jewelry Group Operations Director. She will direct the team responsible for the operational execution of all VNU events serving the jewelry industry. With 15 years experience in the trade show industry, Bloom most recently served as director of trade show operations for the National Association of Specialty Foods Trade.
JA Group Show Director Drew Lawsky remains in his current position, reporting to Arevian. Former Couture Group Show Director Bruce Goldweitz left the company to pursue other interests.
March 1st, 2006
Sapphire Jewelry Group of Red Hat Society gathers
Morning Sentinel
The Sapphire Jewelry Group of the Red Hat Royalty Society met Jan. 24 at the Corner Cafe in Centralia.
Leader Lorraine Bassett led the Red Hat Prayer and was hostess, giving each lady a valentine candy wrapped in cellophane and a red ribbon.
Red Hat Day was celebrated Feb. 3, and the members were encouraged to wear red. Plans were made to attend a Valentine party on Feb. 16 at the Central City Lions Club with the Pearl Jewelry Group and Leader Ruth Carpenter in charge. Members were invited to the Red Hat International Convention in June in St. Louis. Sue Ellen Cooper, founder of the Red Hats, will be featured at the event.
Bassett shared an e-mail titled “Being 6 Again.â€
Members of the Sapphire Jewelry Group are Becky Ault, Brenda White, Bev Virobik, DeLane Bright, Mary Ann Langenfeld, Halle Rauch, Alice Malzahn, Margaret Sanders, Nancy Siegmund, Ruth Sanders and Judy Sutherland. Guests in attendance at the meeting were Peggy Galbreath, Verna Steinkamp, Rosemary Wilson and Margie Shanafelt.
March 1st, 2006
