International Jewelry news - Saturday - November 10th

Redesigned Jewelry Website Empowers Ethical Purchase Decisions
Reflective Images, a designer jewelry firm, announces the creation of the FRE(TM) Rating System on its redesigned website, http://www.celticjewelry.com/.

The FRE Rating System offers detailed insight into the supply chain, from the mine to the showroom, for all components of every finished piece of jewelry the company sells. FRE empowers customers to make decisions based on a product's: F= Fair labor; R= Social Responsibility and E=Ecological impact. The site is a model for radical transparency in the jewelry sector.

Tahera losses suggest Jericho should never have gone into production, analyst says
The Tahera Diamond Corp. may have made a mistake in opening its Jericho mine in Nunavut, said a diamond analyst, following the company's announcement this week that it continues to lose money. In its third quarter report, the Toronto-based mining company reported that it lost $143 million over the first nine months of this year, and has also written off $73 million it had spent on the Jericho mine that it now does not expect to recover.

H. Samuel launch new exclusive Julien Macdonald jewellery collection
H.Samuel the Jeweller has announced a strategic partnership with jewellery designer Julien Macdonald, launching four exclusive ranges of designer jewellery for the UK jewellery chain. Known for high octane glamour, the Welsh born designer has worked his magic to create four truly spectacular capsule collections, each with a different theme: Geometric, Flower, Facet and Chandelier.

DGSE Companies, Inc. Announces That Superior Galleries Will Hold Its First Estate Jewelry and Timepiece Auction December 1, 2, 2007 in Beverly Hills, CA
DGSE Companies, Inc. (AMEXGC), which wholesales, retails and auctions fine watches, jewelry, diamonds, precious metal and rare coin products via traditional and Internet channels, today announced that Superior Galleries will hold its inaugural Estate Jewelry and Timepiece Auction Sale to be held on December 1st and 2nd, 2007 in Beverly Hills, CA. In addition to its well known numismatic auction sales that occur seven times annually, the Superior Estate Jewelry and Timepiece Sales will occur bi-annually starting in 2008, in the late spring and autumn.

Maui Divers named year's best jeweler, designer
Maui Divers Jewelry, the Honolulu-based retail-jewelry chain with stores in Hawaii, California and Las Vegas, has garnered two Hawaii Jewelers Association awards: "Jeweler of the Year" and "Designer of the Year." The awards are part of the association's 2007 Jewelry Design Competition, which features jewelry pieces from multiple jewelers throughout Hawaii. This year, 38 pieces were entered into the contest.

ShopNBC Now Accepts PayPal
ValueVision Media, Inc. (Nasdaq: VVTV), operator of ShopNBC, an upscale home shopping and Internet retailer, and PayPal, a leader in online payment solutions, today announced that ShopNBC.com has added PayPal as a payment method for its customers. “We continue to focus on opportunities to enhance the customer experience at ShopNBC,” said Frank Elsenbast, CFO of ValueVision Media, Inc. “PayPal allows us to offer a new payment method that is convenient and valued by our ShopNBC.com customers.”

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