Rapaport Magazine Shifts Focus to the Holidays
The September issue looks at the spending trends, gemstones, and styles shaping retail shopping this festive season.
Category: Legal
The market yearned for clarity. It got more uncertainty at a higher price.
“It’s a black day for the gem and jewelry sector,” says GJEPC chairman.
Kristoffer Winters claims he was not repaid for collaborating on a deal with jeweler.
Authorities want him to stand trial for his part in alleged PNB bank fraud.
Investigations commenced in 2020, uncovering an extensive counterfeit network from China.
Sorter systematically stole over $24,000 in high-value stones, planning to sell them at a later date, company says.
Five shipments containing almost 2,200 items arrived from China and Hong Kong.
Truck carrying gold, diamonds, gemstones and watches to California trade show was robbed in 2022.
Operator of Krone-Endora at Venetia project defaulted on payment of loan to retailer.
Plaintiff argues that consumers would not have purchased items if they’d known that markdowns had no time limit.
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