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WatchBox Partners with Les Ambassadeurs

WatchBox is extending its presence across Switzerland’s key cities.

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(PRESS RELEASE) PHILADELPHIA, PA – WatchBox, a global platform for pre-owned luxury timepieces, announced a partnership with Swiss watch retailer Les Ambassadeurs. Les Ambassadeurs represents the first retail institution in Switzerland to formalize a program for the thriving pre-owned category, and with this announcement, WatchBox further extends its global presence across Switzerland’s most historic and vibrant cities.

The worldwide secondary apparel market – both buying and selling pre-owned items – has experienced remarkable growth in recent years, with expectations to reach USD $41 billion by 20221. Financial consultancy Kepler Cheuvreux estimates the current global market for pre-owned watches alone to be worth upward of USD $15 billion annually, and WatchBox has earned its position as the front runner for the luxury watch category. With showrooms and trading floors in the United States, Hong Kong, South Africa, and Neuchâtel, Switzerland, WatchBox formally launched an authorized dealer network in the United States in December 2018 with California-based Hing Wa Lee Jewelers. The partnership with Les Ambassadeurs represents the next phase of strategic growth for the company.

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WatchBox Global President and Chief Operating Officer Amanda Ellison said, “The vision for WatchBox is to create a truly connected global marketplace, instituting a standard of excellence for both product and service within the pre-owned category. By bringing WatchBox to a global stage, we can offer a broader inventory to a greater network of consumers, while hiring and partnering with the most talented traders and retailers in the industry, and achieving economies of scale. We are delighted to forge ahead with Les Ambassadeurs as a strong, forward-thinking partner.”

As an authorized WatchBox dealer, Les Ambassadeurs will offer comprehensive services and consultation for watch trading and buying, as well as access to browse and purchase from WatchBox’s unsurpassed inventory of certified pre-owned watches. Les Ambassadeurs’ buying, selling, and trading services commence in early May at the company’s locations in Zurich, Geneva, Lucerne, and Lugano, Switzerland. And WatchBox’s extensive inventory will soon be presented on lesambassadeurs.ch in the WatchBox Digital Corner, as well as through interactive digital showcases in Les Ambassadeurs’ boutiques across Switzerland’s most prominent cities.

“We are thrilled to enter into this innovative partnership with WatchBox,” said Joachim Ziegler, CEO of Les Ambassadeurs. “It was very important for us to not just be a first mover in Switzerland in the pre-owned market, but to also offer an unparalleled service for our clients. They will thus be able to buy, sell, and trade pre-owned watches in our boutiques as well as online, all backed by a 15-month warranty and the trusted expertise of two industry leaders.”

WatchBox’s partnership with Les Ambassadeurs signifies a strategic investment in the growth of the category, uniting the primary and secondary watch markets at their highest levels; an in-store presence with incredible digital support, and a customer-first mindset built upon trust, transparency, and education.

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Danny Govberg, co-founder and CEO of WatchBox, said, “WatchBox is thrilled to bring our pre-owned buying, selling, and trading practices to Les Ambassadeurs. Their well-earned reputation extends far beyond Switzerland, and their embrace of the pre-owned market supports WatchBox’s founding thesis that the future of the watch industry is in the true merging of the primary and secondary watch markets.”

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Vibrant Gemstones Make a Splash in Gems & Gemology

Summer issue features chart of inclusions in natural, treated, imitation and laboratory-grown opal.

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(PRESS RELEASE) CARLSBAD, CA – Dive into the Summer 2019 Gems & Gemology (G&G), GIA’s (Gemological Institute of America) quarterly professional journal, for insights into Mozambique ruby, Madagascar sapphire, black nephrite from China, pearls and opal inclusions. The latest G&G is available in print by subscription and in the GIA Store, and digitally – at no cost – on GIA.edu.

GIA field gemologist Wim Vertriest and senior manager of identification Sudarat Saeseaw open the issue with a review of ruby from Mozambique that explores a decade of production, distribution, gemological characterization and the most common treatment processes applied to material from this locality. Billie Hughes of Lotus Gemology and Rosey Perkins with Fura Gems present their findings of low-temperature heat treatment experiments on sapphire from Madagascar and the means for separating unheated from heated stones. Also, lead author and PhD student of mineralogy at Tongji University Qian Zhong shares the study of black nephrite jade from Guangxi, southern China that appears to be part of a large-scale jade formation belt in the region.

Pearls are the focus in two of the articles in the summer issue. Jean-Pierre Gauthier from the Gemological Research Center of Nantes and his coauthors characterize “flame structure” in 37 pearls from bivalves of the Tridacnidae family that revealed evidence of rotation during growth. Researchers at the Max Planck Institute for Chemistry, Johannes Gutenberg University, and GIA’s New York and Bangkok laboratories share a pearl identification challenge, where two pearls could not be positively identified at any of these gemological laboratories.

In the final feature, GIA manager of colored stone identification Nathan Renfro and coauthors present a large and colorful opal inclusions chart that is also available as a laminated wall chart from the GIA Store online. Lab Notes includes a rough diamond with fake green “radiation stains,” a study on the separation of kornerupine and prismatine, and the first report of a color-change spessartine garnet examined by GIA.

The issue is rounded out with the regularly occurring features G&G Micro-World, Diamonds from the Deep and Gem News International.

This and every issue of G&G since 1934, including full articles, lab notes, photo galleries and exclusive video footage, is available at no cost on GIA’s website GIA.edu/gems-gemology.

Additional research articles are available at GIA.edu/gia-news-research.

Print subscriptions and copies of back issues are available at http://store.gia.edu/.

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Press Releases

Jewel-Craft Announces RJO Award for “Vendor of the Year”

Award comes less than one year after Jewel-Craft completed a very large expansion of their facility.

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(PRESS RELEASE) ERLANGER, KY – Jewel-Craft Inc, industry leaders in jewelry repair and manufacturing, have been named Vendor of the Year by RJO in the category of “Service/Specialty Goods.” The award comes less than one year after Jewel-Craft completed a very large expansion of their facility, introducing new technology, improved workflow efficiencies and new workspaces for their employees. Jewel-Craft is a proud member of RJO and the award comes as a true surprise. The RJO awards are selected by the retail membership and are given to draw attention to and award outstanding members for excellence in sales, service and support. This marks the second time in ten years Jewel-Craft has been given this recognition from RJO, the first being in 2009.

“We’re surrounded by the best in the industry in our category and we’re humbled to be among them. To win is just so exciting!” says Stefanie Wesdorp Hatfield of the Jewel-Craft founding family.

Jewel-Craft is not only proud to have won the award, but they are also proud of the independent jewelers who have contributed so much to their success. Their customers are more than just an important part of their business, they’re part of the family.

Although Jewel-Craft is known for jewelry repair and manufacturing, additional services also include setting, sizing, casting, appraisals, restringing, and more.

For more information about Jewel-Craft, Inc. or the company’s 70 plus year history, visit www.jewel-craft.com or call 859-282-2400 or 800-525-5482.

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GIA Jewelry Career Fair and Open House Returns to Carlsbad

It happens Friday, Oct. 11.

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(PRESS RELEASE) CARLSBAD, CA – Professionals and visitors looking to delve into the world of gems and jewelry are welcome to visit the GIA (Gemological Institute of America) World Headquarters in Carlsbad, California on Friday, Oct. 11, for the GIA Jewelry Career Fair and Open House. This free event has something for everyone – lively panel discussions, career coaching and recruiting for people new to the industry and professionals looking for a career change; classroom demonstrations for aspiring gemologists, jewelers and jewelry designers; and unique museum exhibits for anyone captivated by the splendor and beauty of gems. GIA’s Jewelry Career Fair and Open House is the one time of year when the public can visit without a prior appointment from 8:00 a.m. to 1:30 p.m. For more information and to register, visit GIA.edu/career-fair-carlsbad-day-at-a-glance.

The event kicks off with inspiring panel discussions featuring notable gem and jewelry leaders:

  • Job Success in Today’s Market 8:45-10:00 a.m.
    Moderated by Susan M. Jacques, president and CEO of GIA. Panelists include Mitchell Binder, King Baby; Cathy Calhoun, Calhoun Jewelers; Douglas K. Hucker, American Gem Trade Association (AGTA); and Meghan Simmons, Omi Privé.
  • Creative Careers 10:30 a.m. to 12:00 p.m.
    Moderated by Mark Smelzer, publisher of JCK magazine and JCKonline.com. The conversation will focus on unique careers by panelists Baba Blumkin, Luxe Jewelry and Loan; Wade Clar, Julez Bryant; Alexandra Hart, Alexandra Hart; and Jenny Luker, Platinum Guild International USA.

Job seekers can connect with recruiters from all over the country who represent local and global brands – including Brilliant Earth, The Real Real and Diamonds Direct – looking for top talent in all areas of the industry. Employers interest in recruiting at this year’s event can sign-up atGIAevents.eventsair.com/career-fair-carlsbad/recruiter-registration/Site/Register.

Open house guests are invited to explore the many beautiful museum exhibits featuring more than 1,000 pieces – the newest exhibit, Jewels of Hollywood, showcases pieces linked to Hollywood royalty of decades past – and to visit the Richard T. Liddicoat Gemological Library and Information Center, the world’s largest for gem and jewelry, which includes the Cartier Rare Book Repository. There will also be classroom demonstrations of the many education courses offered on campus and the GemKids program that offers students ages 9 to 12 an engaging introduction into gemology.

GIA hosted its first Jewelry Career Fair in 1991 in Santa Monica, California, U.S. Since then, the event has expanded, linking gem and jewelry companies with future employees at more than 68 events in California, India, Las Vegas, London and New York. Follow @GIANews #JewelryJobs for updates.

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