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Volume 9, No. 6
40+ Centurion Exhibitor Videos Fresh from Las Vegas Shows Put You in the Buyer's Seat To See and Hear About the Latest Intros from Top Vendors
8 Top Retail Jewelers Give Their Views on Buying and Market Conditions
Michael Beaudry, Inc. About to Emerge from Reorganization
Penny Preville Introduces New Collections at Couture
Verragio's
Debut of New Line of Engagement Rings and Wedding Bands Coincides with Relaunch of www.Verragio.com
June 5, 2010
Good morning...if you're here, we hope you are enjoying your Vegas experience this year. From the dozens of conversations we've had with exhibitors and retailers, it seems official that there is a decidedly upbeat mood at this year's shows. Stock orders are being placed and the look of fear in people's eyes has greatly abated. And whether you're here or not, this newsletter has a ton of valuable information on more than 40 Centurion exhibitors and their latest, best product introductions. Best of all, it's just a click away in HD video form right here on line! We will be adding quite a few more videos over the next few days as well, and will update you on those additions when they happen.
Here's who's covered today (each is an individual video link): Beny Sofer, Bellarri, Chad Allison, Christopher Designs , Color Masters, Doves, Eichhorn, Eli Jewels, Furrer-Jacot, Garavelli, GN Diamond, Goldstein Diamonds, Gregg Ruth, Gumuchian, Henderson Collection , Imagine Designs, Jack Kelege, Jenny Perl, Jewels By Star, Julius Klein Group Africa, Julius Klein Group Intranet, KC Designs, Lazare Kaplan, Le Vian, Makur, Mastoloni, The Mazza Company, Memoire, Natalie K, Norman Silverman, Precision Set, Rahaminov Diamond, Richard Krementz Gemstones , Rina Limor, Sethi Couture, Siera Jewelry, Simon G, Tacori, Tara, Uneek Jewelry, Vahan, William Levine
Eight Top-Level Stores Make Observations on Buying, Market Conditions Below, Centurion retailers report on how they see the market, whatr they are looking for in product and more...
David Harvey Samuel Gordon Wick & Greene Longs
In other news...
Michael Beaudry, Inc. About to Emerge from Reorganization Los
Angeles, CA -- Michael Beaudry Inc. (and its brother corporation,
Centerstone Diamonds, Inc.) known for designing and manufacturing
perhaps the most elite jewelry in the world,
announced an agreement with its secured lender, First Capital,
which produces a global settlement of all issues between the parties.
This Agreement has been submitted for approval, scheduled for
June 22, 2010, to the Court presiding over the reorganization of Michael
Beaudry, Inc. In addition,
Michael Beaudry, Inc. will thereafter submit a Plan for Reorganization
for the Court’s approval.
“We
are delighted to complete successful negotiations with our secured
lender and are preparing to exit Reorganization,” said CEO, Michael
Beaudry. “We have
new lines of jewelry being introduced at Couture, have experienced
promising recent sales and are continuing to work with strategic
accounts and partners advancing our business model.”
“Although this has been a slow and difficult process, the resulting effects of reorganization will prove extremely beneficial for the medium and long term. Over the past year, Beaudry has worked very hard and taken many steps to insure its continuing viability and prosperity confirming its collectors’ and retailers’ faith and support in Beaudry has been and will remain well-founded. We look forward to the remainder of 2010 and with renewed excitement for 2011 and thereafter.
Michael
Kogan, of Ervin, Cohen & Jessup, represents the Beaudry companies
and can provide additional details about the pending legal proceedings. For more information about the Beaudry and its plan going forward, please call 213 623-5025.
Penny Preville Intros Four New Collections at Couture June
3, 2010 – The
first is called LACE. Inspired by the beauty and femininity of
lace, Penny Preville has transformed her favorite fabric into a
spectacular new collection. Amazing earrings, beautiful bracelets,
bold right hand rings and delicate marquise shape rings are just a few
of the remarkable pieces. The jewels come in white, yellow or rose
gold and diamonds. Pearls, moonstones and tanzanite highlight some
special designs. The
second is called TASSELS The
third new collection is named LEAF And
the fourth new collection is SWEET P BY PENNY PREVILLE. Penny has
transformed several of her design motifs—lace, leaf and
infinity—into a small collection of easy-to-wear everyday bangles and
hoops. These fun pieces are the debut of Sweet P by Penny
Preville, a collection the designer will add to seasonally. “I
wanted to make jewels for my clients and their daughters to wear when
they are in t-shirts and jeans or just going out for a casual dinner,”
says Preville. Prices for this collection will always be priced in
the sweet spot of $2,000 or less. For further Press Information Contact: Skyler Siskin, skyler@pennypreville.com
Verragio's
Debut of New Line of Engagement Rings and Wedding Bands Coincides with
Relaunch of www.Verragio.com New
York, NY May 24, 2010 -- Verragio, exhibiting at JCK in the Plumb
Club Pavilion is proud to announce the arrival of the Venetian
Collection, a line of engagement
rings
Click here to view a new video on the collection.
Verragio will officially launch the new Venetian Collection of bridal designs to coincide with the relaunch and new look of www.Verragio.com and an aggressive new marketing campaign on www.Pandora.com. www.Verragio.com aims to provide visitors with an ease of use and a sneak peek into the new styles associated with each of Verragio's engagement ring and wedding band collections. The redesign incorporates new colors, crisp photography to show discreet design details, and video to show a 360 view of the engagement rings. "With multiple product views and new product selections including the Venetian Collection," says Barry Verragio, "the online experience is intended to be the closest thing possible to actually seeing the engagement ring or wedding band live in a retail establishment." In conjunction with the relaunch of the company's website, Verragio is the first jewelry manufacturer ever to advertise on www.Pandora.com. With an annual campaign budget of $250K, Verragio will specifically target listeners based on age, gender and geographical region. "The opportunity for Verragio through Pandora.com is tremendous," says Barry Verragio. "Between audio and visual presentations, the user will constantly be exposed to Verragio's engagement ring collections throughout the entire listening process." About Verragio: Verragio specializes in engagement rings and wedding bands of the highest quality and beauty. Verragio is the creator of the Lumino Setting, a revolutionary setting technique that reveals all sides of a diamond, opening up every facet to light. Available in platinum, gold and palladium, Verragio offers designer engagement rings, wedding bands, men's wedding bands and eternity bands that can be seen only in carefully selected, authorized retail establishments. Verragio has been featured in fashion publications such as InStyle, Elle, Marie Claire and W magazine as well as trade publications such as INSTORE, INDESIGN and JQ Hope you enjoyed this editkion of The Centurion ans have a great day!
The Centurion
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Once
both are approved, the Michael Beaudry companies (Michael Beaudry, Inc.
and Centerstone Diamonds, Inc.) will emerge from reorganization and
enter into the next phase of operations as a strong and vibrant company
at a time the luxury market is demonstrating signs of recovery.
