jewelry

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Men Swipe $65M in UK's Biggest Jewel Heist

(Newser) - Two well-dressed men escaped from one of London's most expensive jewelers with $65 million worth of rings, necklaces, and watches last week, in what the Telegraph calls the biggest heist in British history. Yesterday authorities released surveillance footage of the robbers, who used three cars to make their getaway. Their...

Tiffany's Little Blue Box Keeps Recession Out

Although new cases tout "Items for under $750"

(Newser) - Amid the global economic downturn, one American institution stands strong: Tiffany & Co. “Tiffany is as American as guns,” writes Cintra Wilson for the New York Times. “Tiffany has always managed to navigate the dark spells of the economic cycle. It has survived the Civil War, two...

Court? Bah. Rihanna's Jewelry? Very Important.

'Shameless PR flacks' invoke Gawker blogger's ire

(Newser) - Sure, sure, Chris Brown copped a plea yesterday in his assault case. But more important, what was his victim wearing? Thanks to Michele Marie PR, you no longer have to wonder, the Cajun Boy blogs for Gawker. Who cares that Rihanna was in court “to testify against a man...

Strapped Rappers Don Bogus Bling

They still talk the talk, but their stones are now cubic zirconia clones

(Newser) - Tough times in the hip-hop industry have taken the ka-ching out of bling, the Wall Street Journal reports. Record sales and concert attendance are falling, and jewelers say that more and more of the flashy pendants and chains favored by rappers trying to keep up appearances now contain lower-quality stones,...

Message the Thing in Modern-Day Bling
 Message the Thing 
 in Modern-Day Bling 
glossies
May 9, 2009 5:54 PM CDT

Message the Thing in Modern-Day Bling

(Newser) - A new wave of jewelry designers is ditching pretty gemstones for cutting-edge commentary, the Economist reports. Using mainly found objects, plastic, recycled junk—and some precious metals in unexpected forms—jewelers are rejecting social-status-bling for designs that tell stories or question values. Dutch designers lead the pack because they “...

Defense Lawyer Fights Back With Astor Jewels

Pal accepted gifts of bling from woman she says was senile

(Newser) - When it comes to bling, “Brooke Astor makes Ludacris look like a rank amateur,” writes Joanna Molloy of the New York Daily News. Defense lawyer Ken Warner put those jewels center stage yesterday, questioning Annette de la Renta, a key prosecution witness, on why she accepted a $100,...

Rihanna to Cops: Return My $1.4M Bling

(Newser) - Rihanna wants a Gucci gown and $1.4 million in jewelry back from the LAPD, E! Online reports. The singer filed a motion in Los Angeles this week for their return, so she can give them to companies that loaned them to her on Grammy night. The LAPD seized the...

Real Housewives' Kelly Hit With Bling Suit

She stole jewelry design, claims former colleague

(Newser) - Headline-grabbing former model Kelly Bensimon has been slapped with a lawsuit claiming she stole a design for a jewelry line that she's been hawking on the hit show Real Housewives of New York City. A former colleague of Bensimon says she created the owl pendant that's the basis for the...

Downturn Dulls Gem Trade's Gleam

Effects felt worldwide as Americans stop buying bling

(Newser) - The worldwide slowdown in spending is making for rough times in all facets of the jewelry business, reports the Washington Post. More than a thousand jewelers in the US—which buys almost half the world's polished diamonds—have gone bust, and the effects are being felt from the mines of...

Feds Go After Madoff's Sons, Wife's Jewelry

US seeks payback of loans, along with gems, cufflinks

(Newser) - The Madoff accounting continues. Authorities said today they intend to collect millions of dollars from Bernie's sons, about $2.6 million worth of his wife's jewelry, and 35 watches and cufflinks that belonged to the Ponzi schemer himself, the Daily News reports. Madoff lent son Mark $9.5 million, much...

Jagger Sued Over Lost $250K Ring
Jagger Sued Over Lost $250K Ring
Feb 23, 2009 8:41 PM CST

Jagger Sued Over Lost $250K Ring

Austrian who found it wants his reward; she says he dallied

(Newser) - An Austrian who found Bianca Jagger's lost $250,000 ring is suing her for his reward, AFP reports. Reinhard Ringler says he picked up the ring in Salzburg last month and gave it to police days later. But Mick Jagger's ex refused to give him a standard reward—5% of...

Madoff Mails $1M in Bling; Feds Pounce

(Newser) - Prosecutors are fuming after Bernard Madoff mailed more than $1 million in jewelry to his sons on Christmas Eve, the New York Post reports. The Ponzi schemer was dragged into court today but left under house arrest pending written arguments. Madoff's bail agreement allows such a gift, but an SEC...

Madoff Victims Peddle Jewels to Pay Bills
 Madoff Victims Peddle 
 Jewels to Pay Bills 



GLOSSIES
Jan 5, 2009 12:15 PM CST

Madoff Victims Peddle Jewels to Pay Bills

Brokers report heavy traffic in heirlooms, other baubles, to recoup losses in investment scandal

(Newser) - Victims of investment scammer Bernard Madoff are selling off the family jewels—and sometimes their houses, too—to stay solvent. Jewelry buyers report steady traffic since the scandal, from a Beverly Hills woman sacrificing a 9-carat diamond to pay her bills to Palm Beach residents unloading more than $250,000...

Pawn Shops Attract Upscale Clientele

(Newser) - Pawn shops are turning from the shady realm of the lower class to a place for rich people to get loans, the Wall Street Journal reports. The typical household income of a pawn shop customer is $29,000, but new middle- and upper-class clients are surging. One such client pawned...

Strapped? Sell Your Gold—at the Mall

(Newser) - Up and down the East coast, cash-strapped shoppers are trading in gold and silver, not at pawn shops, but at the mall, the Boston Globe reports. Merchants at kiosks buy the precious metals for less than half of market value, but customers are still pouring in. “It's certainly something...

Arab Leaders Shower Condi With Jewelry; Bush, Meh

State chief got $316K in gifts last year, to about $100K for Bush

(Newser) - Condoleezza Rice scored $316,000 worth of lavish jewelry from Arab royals last year, the AP reports. Jordan’s King Abdullah treated Rice to an emerald and diamond necklace, ring, bracelet, earrings, and other finery; King Abdullah of Saudi Arabia a ruby and diamond necklace and earrings, bracelet and ring....

Paris: Gem Thief Was No Stranger

Heiress has suspects in mind

(Newser) - Paris Hilton is pretty sure she knows the burglar who stole $2 million in jewels from her home, E! Online reports. “I think whoever did this, definitely has been there before. We have some suspects that I'm thinking of,” said the heiress, adding that many of the stolen...

Paris 'Devastated' Over Diamond Heist

The good news: Burglar who stole millions in baubles was caught on tape

(Newser) - Paris Hilton says she is “devastated” over the loss of more than $2 million in jewelry stolen from her Los Angeles home last week. “I cannot believe someone broke into my home. They took items that had such sentimental value that no one will ever be able to...

Paris' Home Robbed of $2M in Jewelry

Thief entered through unlocked door; heiress was elsewhere

(Newser) - Paris Hilton’s Hollywood Hills pad was robbed early this morning of an estimated $2 million worth of jewelry and other goods, the LA Times reports. A man wearing a hooded sweatshirt and gloves entered the house through the unlocked front door at 5am, according to an anonymous source. Hilton,...

Brazen 'Pink Panther' Heists Stir Ire, Admiration of Cops

European thieves renowned for suave, meticulous banditry

(Newser) - A sophisticated cadre of bandits have deserted Serbian battlefields to invade the globe's finest boutiques, the New York Times reports, daringly swiping millions worth of jewels from luxury stores. Interpol has dubbed the crooks—thought to be about 200 ex-soldiers and their relatives from the former Yugoslavia—the Serbian Pink...

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