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Baselworld Loses 3 More Brands

Lack of fresh ideas was cited as one factor.

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Nearly three months after Swatch Group announced that it would cease participation in Baselworld, three more watch brands have stated that they’re also leaving the show, Rapaport News reports.

The brands that have pulled out for 2019 are Maurice Lacroix, Raymond Weil and Corum. Raymond Weil and Corum said the high cost of exhibiting and a lack of fresh ideas on the part of the show were at the root of their decision, according to Rapaport.

Rapaport notes that Baselworld’s organizer, MCH Group, has reduced exhibitor fees and other costs for 2019.

In July, Swatch Group said it would be ceasing its participation in Baselworld as of 2019.

That was bad news for the show in Switzerland given that Swatch owns 18 brands, from Breguet to Harry Winston to Mido, and has had what Forbes calls a “mammoth” footprint at the show. Watch industry website Hodinkee described Swatch as “the show’s largest exhibitor.”

Forbes noted at the time that Baselworld had already seen hundreds of exhibitors leave, and that the show was two days shorter 2018 than it was in previous years.

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Video: Chicago Estate Jeweler Edward Kahn, Holocaust Survivor, Dies at 103

He operated the House of Kahn.

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Edward Kahn of estate jewelry company House of Kahn has died at age 103.

CBS Chicago reports that Kahn was one of the oldest Holocaust survivors.

He built House of Kahn, which has locations in Chicago and Palm Beach, FL, with his wife, Adele. Just six weeks ago he made public his plans to retire, with his daughter Tobina Kahn to take over the business.

Kahn came to the U.S. from Romania in 1951 with less than $100 in assets, having lost his parents and sister to the Holocaust.

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Video: Jeweler Wins Fight for $500,000 Snow Promotion Claim

Customers will get refunds for jewelry they bought during the holidays.

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An Idaho jeweler that held a “snow promotion” will be refunding its customers for jewelry they bought during the holiday season, KREM-TV reports.

Clark’s Diamond Jewelers in Couer D’Alene, ID, wrote in a Facebook post Monday that it had “received notification from the insurance company that our policy has been officially accepted and the award will indeed be paid out!”

The store had promised that if it snowed 3 inches or more on Jan. 11, it would refund purchases made between Nov. 22 and Dec. 31. Those purchases amounted to about $500,000.

The claim had originally been denied. Weather Command, a verification firm that works with the jeweler’s insurer, at first said snowfall on the date in question had been less than the required amount.

The store had vowed to fight for approval, believing that snowfall had indeed exceeded 3 inches.

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New List Reveals the ‘Most Common Birthstone in Every State’

The analysis comes from Shane Co.

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A new ranking from Shane Co. looks at the “most common birthstone in every state.”

In a blog post on its website, the company explains that it “used the latest CDC natality data to determine how many people are born each month in every state.” From there it was able to identify the most and least common birthstones in each state.

Peridot, the birthstone for August, “ruled the map,” emerging as the most popular stone in 40 states, including New York and California. Other birthstones are emerald, ruby, sapphire and opal.

Take a look at full results below. Shane Co. also released several other maps, inluding ones showing the “cost of each state’s most common birthstone,” the “second most common birthstone in every state” and the “rarest birthstone in every state.”

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