Oscar’s Divas Look Like A Million in Color
from Deborah Yonick
 With eight Oscars to its credit Slumdog Millionaire’s rise as top dog at the 81st Annual Academy Awards signals our longing to break from news of financial obscurity for something more happy and hopeful. In kind, celebrity divas put their own positive spin on the occasion by parading the red carpet in bright, colorful frocks and jewels. More
Tucson to Route Bond Money Toward Convention Center, Hotel
from The Arizona Daily Star
The Tucson City Council recently voted 6-0 to redirect money from its recent bond sale to projects like revamping the Tucson Convention Center and a new convention hotel. Mayor Bob Walkup said the council would do "everything it takes to be sure we keep the Gem and Mineral Show." Councilwoman Nina Trasoff said the plans for the hotel call for its window glass to change colors during different times of the day so the windows will look like different gems and minerals. More
AGTA Promotes Garcia to Membership Manager
from AGTA
The American Gem Trade Association (AGTA) announced the promotion of Joshua Garcia from Membership Administrator to Membership Manager. “Josh has been a key member of our staff since joining the AGTA in 2005,” stated Douglas K. Hucker, AGTA CEO. “His efforts, and results, in the membership department made it easy for us to promote him to the Membership Manager position.” More
Jewelry Shines at 2009 Academy Awards
from Jewelry Insider Blog
"The statement makers included a fiery Amy Adams in red Carolina Herrera and a lobster bib-sized Fred Leighton gemstone statement necklace from the 1950s, a sparkling Taraji P. Henson in Roberto Cavalli and a vintage diamond flower necklace - also from Fred Leighton, and Heidi Klum who rocked a Roland Mouret red dress with $900,000 worth of Lorraine Schwartz diamond jewels. And, of course, my winner of the night, Angelina Jolie, in Lorraine Schwartz emeralds, who reminded me how much fun it is to gasp aloud at the television." More
De Beers to Borrow $500 Million
from Bloomberg
De Beers, the world’s largest diamond company, plans to borrow $500 million from Anglo American Plc and other shareholders to “withstand any shocks” after gem demand fell more than 50 percent. The loan is “prudent” in the current economic environment, said Finance Director Stuart Brown on a recent conference call from London. More
Best Bid for Fortunoff from Liquidators
from NewsDay
Fortunoff launched the auction of its assets Monday with at least one bid from two companies proposing to liquidate the company's merchandise and offering to honor customers' gift cards for a limited period during the process. The Westbury-based jewelry and home goods retailer described the proposal from well-known liquidating firms Hilco Merchant Resources and Gordon Brothers Retail Partners, as the "initial highest" or "best qualified bid," in court documents. The auction continued through the day Monday, and it was unclear by the evening whether there were other bidders. More
New Generation Energizes Runways
from The Los Angeles Times
The fancy crystals and embroideries of seasons past may have been stripped away, but luxury lives on for fall in vivid fluorescent color. A trend that started on the street, it's now filtered up to the runway with Michael Kors' sporty, traffic-cone-orange sweater and fox fur coat, Narciso Rodriguez's acid-yellow bandage dress and Marc Jacobs' electric-blue scuba-inspired poncho. A pop of color is all you need to liven up the neutrals in your wardrobe. More
The Power of Purple Continues
from The News Tribune
There’s a good chance that you’ve already been building purples into your wardrobe. It has been a hot color on the runways since last fall and it is still gaining momentum - popping up in menswear, children’s clothing and even interior design. There’s a reason for the hue’s current popularity: “Purple is having its moment because we’re living in a time that’s very complex.” said Leatrice Eiseman, executive director of Pantone Institute and author of “Colors for Your Every Mood.” “In a color like purple, you have the complexity and creativity that you don’t have in a straight primary color.” More
Rubies: Market Effect of Origin & Treatments, Pricing & Disclosure
By: Richard B. Drucker, GG
Publisher of the GemGuide
 Considering the historic and pricing hierarchy of origin, the ruby order is as follows: 1) Burma (Mogok); 2) Burma (Mong Hsu); 3) Thai, Africa, Madagascar, and others. Looking at actual rubies in the market, our research team here at Gemworld found three comparable stones, all in the fine category; all in the one carat weight range; all heat treated. More
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