Archive for the 'Jewelry news' Category

13 Apr

Bidz under fire

The LA Times this week has an attention-grabbing piece on jewelry auction site Bidz.com – which is surely one of the biggest jewelry sellers on the Internet. According to this appearance, it sells 15,000 items per day, of mostly close-outs. It eventually hopes to be a $1 billion business. It is easy to see why. […]

13 Apr

Zale Q2 Earnings and Sales are Down

Zale Corp. on Thursday reported that second-quarter income fell 31 percent to $52.7 million year-over-year, which comprised a $2.5 million, optimistic effect related to derivative accounting treatment for the corporation’s gold and silver contracts. Total revenues for the period, ended Jan. 31, for the Dallas-based firm were $828 million, compared to $892 million in the […]