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WatchBox Launches Authorized Dealer Network

Hing Wa Lee Jewelers is its inaugural partner.

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(PRESS RELEASE) PHILADELPHIA, PA – WatchBox, a destination for pre-owned luxury timepieces, announced the launch of its authorized dealer network and welcomed Hing Wa Lee Jewelers as its inaugural partner. As an authorized WatchBox dealer, Hing Wa Lee will offer clients comprehensive services and consultation for watch trading and buying, as well as access to browse and purchase from WatchBox’s global inventory or certified pre-owned watches.

David Lee, chairman and CEO of Hing Wa Lee Group, said, “Hing Wa Lee Jewelers is excited to partner with WatchBox to provide trading and selling services of pre-owned watches to our clients.”

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WatchBox’s founders and leadership believe that physical locations and high-touch personal service in key global markets are invaluable to the widespread acceptance and understanding of the luxury pre-owned watch category. Following the launch of WatchBox divisions in Hong Kong, South Africa and Switzerland, the expansion within the U.S. represents the next phase of strategic growth for the company. The recent acquisition of Chronofy, the valuation subscription service for pre-owned watches, provides WatchBox with the infrastructure and technology to take its services to a network of retailers.

Amanda Ellison, global president and chief operating officer of WatchBox, added, “WatchBox is thrilled to bring our pre-owned buying, selling, and trading practices to Hing Wa Lee Jewelers. Their stellar reputation and standard of excellence make Hing Wa Lee the perfect inaugural partner for our network. Through this partnership, WatchBox formalizes the intersection of the primary and secondary watch markets, which means that Hing Wa Lee is now equipped to offer what today’s watch consumer is seeking – a trustworthy partner for the buying, selling and trading of both new and pre-owned timepieces under one roof.”

Hing Wa Lee’s buying, selling and trading services commence at the company’s locations in San Gabriel and Walnut, CA. WatchBox’s extensive inventory is now presented on hingwaleejewelers.com/watchbox in the WatchBox Digital Corner, as well as through interactive digital showcases in each of Hing Wa Lee’s stores.

A celebratory launch and trade-in event is scheduled for Saturday, Dec. 8, at Hing Wa Lee’s Walnut location, during which a selection of exceptional pre-owned watches will be exhibited and available for sale and WatchBox representatives will be onsite for complimentary valuations.

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Press Releases

Parcel Pro Launches Partnership with MJSA

This provides MJSA Premier-level members with exclusive rates for insured transportation.

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(PRESS RELEASE) Parcel Pro, a UPS Capital company, announced a partnership with Manufacturing Jewelers & Suppliers of America (MJSA) that provides MJSA Premier Members access to innovative technology and insured shipping at a time when the industry is experiencing rapid e-commerce growth.

Online sales of luxury goods continue to flourish with growth of 24% in 20171. According to the 2018 Luxury E-commerce Report, six out of 10 of the fastest growing luxury websites surveyed were jewelry and watch companies. Jewelry represented 13.4% of the 130 companies’ online sales.

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Additionally, consumers continue to express an interest in custom-designed jewelry. In fact, custom now represents 40% of the $10 billion bridal market2. With jewelers selling more online goods, the need for reliable, insured transportation is crucial to meeting customer demand.

“E-commerce retail revenue is expected to top $4.88 trillion by 20213, so it is no surprise we are seeing more luxury goods shipments,” said Parcel Pro President Manuel Valdez. “Our solutions and capabilities will help MJSA members meet the growing needs of their customers whether they’re shipping $1 million or $500 million in goods a year.”

“Our members require safe, secure shipping options—particularly given the high value of jewelry shipments—and MJSA is excited to be partnering with Parcel Pro to meet that need,” said David W. Cochran, MJSA president/CEO. “Parcel Pro’s international reach their tools to reduce risk, and their commitment to customer service have earned them a world-class reputation.”

Parcel Pro offers:

  • Secure pickup and delivery in key jewelry markets including New York City, Miami, Los Angeles, Chicago, and San Francisco.
  • Proactive package monitoring and carrier communications to minimize delivery delays and risks.
  • Myriad technology resources, including web tools for shipping, tracking, APIs, a mobile app, and integration with a Magento store.
  • Loss and damage protection for commercial shipments valued up to $150,000 in the U.S. and $100,000 to select countries and territories.

Parcel Pro makes it less risky to transport high-value goods. The company’s risk management and shipping procedures have been proven to reduce losses.

By endorsing Parcel Pro, MJSA provides Premier-level members with exclusive rates for insured transportation. “All of those members rely on us to provide the support and resources needed to help them to grow and to run their businesses efficiently and profitably,” said Cochran.

Parcel Pro is part of the MJSA Member Protection Package, a portfolio of leading business providers offering a spectrum of best-in-class services.

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Press Releases

Jewelry Designer Mark Schneider Wins 40th Spectrum Award

His philosophy of jewelry is to create designs as wearable art.

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(PRESS RELEASE) Mark Schneider, American award-winning fine jewelry designer, recently returned from the Spectrum Awards Gala at the Tucson Gem and Mineral Show where he was awarded his 40th AGTA (American Gem Trade Association) Spectrum Award for 2nd Place in the Men’s Wear division.

Each year a panel of experts at AGTA honors designers based upon the merits of their innovative designs. Having won 40 Spectrum Awards in divisions such as Men’s Wear, Business Day Wear, Bridal Wear, and Objects of Art, Schneider is one of the most recognized American designers of our time. He has had many of his pieces on display in museums throughout the country.

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Best known for his contemporary engagement rings, unique colored gemstone jewelry, and custom jewelry designs, his jewelry creations are known for their simplicity and clean, fluid lines. Schneider’s philosophy of jewelry is to create designs as wearable art. His out of the box thinking and skilled craftsmanship makes him a highly sought-after custom jewelry designer. Schneider’s designs are handcrafted on-site in his design studio in Long Beach, California.

From his bold color pieces to his unique bridal designs, Schneider pushes the conventional ideas of jewelry design and constantly strives to challenge himself in creating unique jewelry and designing with his customers in mind. His distinct perspective on jewelry making has earned him some of the most coveted design awards and honors within the jewelry industry. View his designs on his website at www.MarkSchneiderDesign.com.

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Select Jewelry Show Announces 2019 Dates & Locations

Mark it on your calendar.

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(PRESS RELEASE) Select Shows are smaller, more personal events featuring 55-65 of the most popular lines and prestigious brands. Select Shows were created ten years ago to provide the retail jeweler with comfort and convenience while working with nationally recognized fine jewelry designers and manufacturers in important categories retail jewelers need to achieve sales success.

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The shows run Sunday and Monday. Complimentary breakfast and lunch and a fabulous cocktail party are available to all attendees. Qualified retailers receive complimentary hotel accommodations.

For 2019 Select will be returning to the Ritz-Carlton in Dallas, Texas – September 8-9, 2019; the Ritz-Carlton Downtown, Washington, DC – September 15-16, 2019; and Foxwoods Resort & Casino in Connecticut – September 22-23, 2019.

Be sure to put Select Jewelry Shows on your calendar and discover a new way to do business. For more information visit www.SelectJewelryShows.com or call 844-285-1103.

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