Goldfather’s Jewelry: An Offer You Can’t Refuse

August 28, 2015 Posted by admin

By Mackenzie Hurlbert

Goldfather's JewelryLeave the gun. Take the gold. Based in Las Vegas, Nevada, Goldfather’s Jewelry, which started in 1983, offers wholesale fashion jewelry merchandise including necklaces, rings, earrings, and pendants. After working for a bank for many years, Goldfather’s Jewelry Founder Bill McClirk joined an acquaintance and gained experience in the swap meet and wholesale fields. Eventually he decided to branch out on his own, and with connections in Korea, McClirk and his wife Patty imported their supplies and grew as a wholesale business. “We flew to Korea and started importing our own chain. We just started getting the swap meets going and doing more and more wholesale,” said McClirk. After starting their business in Southern California, the couple moved to Las Vegas. The business grew so well that by the time they moved there in 1993, McClirk said they had almost completely abandoned retail for wholesale.

Of course every business needs a name, and when it came time to name his new business, McClirk’s friend had an idea. “I am Polish-Catholic, and I am a godfather three times,” said McClirk, “so when I got in the gold business, a friend of mine said, ‘well, you are a godfather three times, and now you are selling gold, so call it Goldfather’s!’ And that’s how the name came about.”

Goldfather's JewelryAs Goldfather’s Jewelry grew as a wholesale business, their product lines expanded. Their most popular products are jewelry staples such as basic chains, hoop earrings, cubic zirconia pendants, and rings. “Mostly what sells as a general rule are your basic chains. Your ropes, your flat herringbone chains. Smaller chains have become more popular because of the price of gold. It has skyrocketed over the years,” said McClirk. “Cubic zirconia items, like earrings or pendants, seem to be going rather well. We have a vendor who we sell mostly bling stuff to, and that seems to be going well, too.”

Along with facing personal obstacles, McClirk said the economy produces enough challenges for today’s businesses and that it is important to move stock out of the door. “The biggest challenge in this economy is just keeping up,” he said. “Money management is the key for anything. You have to watch your spending and your costs. There are some things you have to tighten your belt on and get rid of your old stock. Any old inventory you have laying around, you have to get rid of that because that is just money laying around.”

McClirk continued, “That has probably been the biggest challenge: Not to have too much dead stock because fashion trends will come and go and if you try to keep up with all of them, you can’t. That’s why everybody has closeouts and blowout sales. And we try to take our markdowns, get rid of the closeouts, and just keep our cash flow going. Fortunately, we are not just surviving, but thriving.”

Goldfather’s Jewelry
3870 E. Flamingo Road. Suite A-2 #354,
Las Vegas, NV 89121
Tel. 1-800-642-2545

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Upper Providence burglar headed back to prison

August 27, 2015 Posted by admin

NORRISTOWN A man with a history of burglary convictions is headed back to state prison for the drug-fueled burglary of an Upper Providence woman’s home during which he stole nearly $70,000 in cherished custom-made jewelry.

“Drugs drove you to this, no doubt about it. But you bludgeoned (the victim) into a sense of insecurity so that she doesn’t know what’s going to hit her next,” Montgomery County Judge Garrett D. Page addressed admitted burglar James Matthew Morgenstern on Wednesday.

Page sentenced Morgenstern, formerly of Roboda Boulevard in Upper Providence, to five to 10 years in state prison on a charge of burglary in connection with the April 2014 break-in at the Hopwood Road residence. Morgenstern, who recently listed an address in Conshohocken, also pleaded guilty to a charge of conspiracy to commit burglary in connection with failed attempts to burglarize two homes in Limerick in February 2014.

With a consecutive two years of probation, Morgenstern will be under court supervision for 12 years. Page ordered Morgenstern to pay $66,691 in restitution to the victim.

The judge recommended Morgenstern be housed at the State Correctional Institution at Chester in Delaware County which offers intensive substance abuse counseling programs for inmates.

During poignant testimony, the victim of the burglary said Morgenstern robbed her of her cherished Artform gold jewelry that she was relying on to fund her retirement one day.

“They were so special. It was beautiful pieces of Artform. I like jewelry. It was my life savings. I was going to sell it for retirement and now it’s gone. I would just love my jewelry back,” the victim, who walked to the witness box with the aid of a walker and a court clerk, told the judge.

The woman said she grew up in West Philadelphia and considered herself to be “a tough person.”

“But this did something to me. Being robbed in my own home has left me with a weight on my shoulders I can’t seem to get rid of. I am constantly reminded how vulnerable I am,” the woman testified, adding she is paranoid and loses sleep thinking about the stranger who was in her home and worrying about being victimized again “This is a pathetic way to live. I don’t know what to do to make this go away.”

Assistant District Attorney Benjamin McKenna argued for the state prison sentence against Morgenstern, saying his conduct and the ramifications it had for the victim are “unacceptable.”

“When the victim testified you were able to get a real sense of just how devastating this kind of crime is. She has a loss of security. She now has to live what she calls a ‘pathetic life,’” McKenna argued, adding Morgenstern learned nothing from previous stints in state prison for other burglaries.

In November 2009, a county judge sentenced Morgenstern to six to 20 years in state prison after he pleaded guilty to burglary, conspiracy and weapons charges in connection with residential burglaries that occurred throughout Montgomery, Chester and Berks counties between November 2006 and July 2007. Morgenstern admitted to participating in a gun burglary and trafficking network whose members sold stolen firearms on the streets of Norristown and Philadelphia.

Morgenstern also has a previous 2005 conviction for burglary, according to testimony.

“The only time Mr. Morgenstern is not breaking into people’s homes is when he’s locked up,” McKenna argued.

After the April 28, 2014, burglary Morgenstern took the stolen jewelry to pawn shops in Philadelphia and used the cash he received to buy drugs, according to the criminal complaint. Some of the silver jewelry was recovered but the custom gold jewelry was never recovered, according to testimony.

During the investigation, Limerick detectives learned that Morgenstern also attempted to burglarize homes along Ferndale Lane and Neiffer Road in the township on Feb. 24 and Feb. 25. However, Morgenstern fled when he realized the residents were at home.

Morgenstern, who testimony revealed was a drug user since 14 and was addicted to painkillers and then heroin, apologized to the victim.

“I know I’m a monster. I know I deserve what I get. My family’s been there my whole life and I keep letting them down time after time,” Morgenstern told the judge.

Morgenstern’s mother said her son was “a completely different person” when he wasn’t on drugs and “has a kind heart.” Defense lawyer Vincent Cirillo, arguing for leniency, said when Morgenstern was released from prison he had difficulty finding a job and then relapsed.

“Apparently he didn’t come home prepared to handle daily activities. He fell back into his addiction. Heroin addicts get pretty desperate and do what they have to do to sustain that addiction,” Cirillo argued.

Page recommended that Morgenstern serve the last 14 months of his minimum sentence at the Teen Challenge Training Center, a faith-based, residential substance abuse rehabilitation program located in Tulpehocken Township, Berks County, if the program accepts Morgenstern. Otherwise, Morgenstern will serve his entire sentence in prison.

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Remembering Carl Apfel: A Style Icon in His Own Right

August 26, 2015 Posted by admin

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Lake Health Auxiliary sponsoring sale of gold, sterling silver jewelry and … – News

August 25, 2015 Posted by admin

The Lake Health Auxiliary is sponsoring a sale of gold and sterling silver jewelry and accessories.

Attendees can sell unwanted gold and silver for cash. Also, jewelry service repairs for ring sizing, chain, and watches, replacement watch batteries and more, done on site.

The sale will be 7 a.m. to 5 p.m., Sept. 16 and 17, at the Mentor Medical Campus, 9485 Mentor Ave., and is open to the general public. For more information call Lake Health Volunteers Services at 440-354-1665.

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Doha Bank Expects Record Gold Sales on Falling Stock Markets

August 24, 2015 Posted by admin

Doha Bank QSC expects to sell a record 200 million riyals ($55 million) of gold this year as consumers take advantage of lower prices and investors seek a haven from falling equities and weakening currencies.

Middle East gold jewelry demand

The bank, the first lender authorized to import and sell gold in Qatar, took in 23,818 ounces in the first seven months of 2015 compared with 15,830 ounces in the same period last year, Samuel K.V., head of treasury trading and product management, said in a phone interview from Doha Sunday. Sales were worth 110 million riyals in the 2015 period, he said.

China’s stocks tumbled as much as 9 percent on Monday and Qatar’s QE Index of shares slumped 1.9 percent at the opening. Brent oil below $45 for the first time since March 2009 raised concern about growth prospects in the Middle East. There is speculation the Federal Reserve will start to raise U.S. interest rates in December instead of next month, reviving demand for gold because the delay makes the metal more competitive with assets that pay dividends or yields.

“Gold remains a solid bet for the future,” K.V. said. Demand is expected to rise due to the “big volatility in the Chinese stock market and currency” and the possibility of a delayed interest rate increase by the Fed.

Gold declined 0.5 percent to $1,154.55 an ounce on Monday after rallying 4.1 percent last week.

Low gold prices often trigger purchases of the precious metal in the Middle East and Asia, the World Gold Council said Aug. 13 when reporting that global gold demand slumped to a six-year low in the second quarter. Prices fell 10 percent in the past year, and traded at a five-year low of $1,077.40 an ounce in July.

Demand for gold jewelry in the Middle East declined 20 percent and investment bar and coin consumption dropped 37 percent in the second quarter, the World Gold Council said. It cited an increased value added tax in Iran, lower oil prices and currency weakness. Oil has retreated 23 percent this year.

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Doha Bank Expects Record Gold Sales on Stock Market Volatility

August 23, 2015 Posted by admin

Doha Bank QSC expects to sell a record 200 million riyals ($55 million) of gold this year as consumers take advantage of lower prices and investors seek a haven from falling equities and weakening currencies.

Middle East gold jewelry demand

The bank, the first lender authorized to import and sell gold in Qatar, took in 23,818 ounces in the first seven months of 2015 compared with 15,830 ounces in the same period last year, Samuel K.V., head of treasury trading and product management, said in a phone interview from Doha Sunday. Sales were worth 110 million riyals in the 2015 period, he said.

More than $3.3 trillion has been erased from the value of global equities after China’s decision to devalue its currency spurred a wave of selling across emerging markets. Qatar’s QE Index of shares slumped 5.3 percent on Sunday as lower oil prices raised concern about growth prospects in the Middle East at the same time the Federal Reserve contemplates the first boost to interest rates since 2006.

“Gold remains a solid bet for the future,” K.V. said. Demand is expected to rise due to the “big volatility in the Chinese stock market and currency” and the possibility of a delayed interest rate increase by the Fed.

Gold rallied 4.1 percent last week to $1,160.77 an ounce on buying because of the equity selloff, along with speculation that the Fed may start to raise interest rates in December instead of next month.

Low gold prices often trigger purchases of the precious metal in the Middle East and Asia, the World Gold Council said Aug. 13 when reporting that global gold demand slumped to a six-year low in the second quarter. Prices fell 10 percent in the past year, and traded at a five-year low of $1,077.40 an ounce in July.

Demand for gold jewelry in the Middle East declined 20 percent and investment bar and coin consumption dropped 37 percent in the second quarter, the World Gold Council said. It cited an increased value added tax in Iran, lower oil prices and currency weakness. Oil has retreated 21 percent this year.

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Does Jewelry or Central Bank Demand Drive the Gold Price?

August 22, 2015 Posted by admin

Commodities / Gold and Silver 2015
Jul 24, 2015 – 05:51 PM GMT

By: Arkadiusz_Sieron

We have already shown that neither mining production, nor technological demand drives gold prices, since gold – thanks to its uniquely high stock-to-flows – resembles an asset rather than commodity. Before we look at the drivers of gold investment demand, we have to analyze the role of jewelry demand and central bank buying in the gold price formation. These two categories are often considered as important drivers for the gold price, but are they really?

Let’s start with the jewelry demand. There are countless articles in the financial press stating that demand for jewelry, especially from Asians, drives gold prices. Many analysts even suggest that the growing incomes in Asia, particularly in China and India, will spur demand for gold, which will make prices skyrocket (according to this article, the price of gold should double in the next 15 years thanks to the gold lovers from Asia). Unfortunately, they are all wrong. Why?

The reason is simple. The gold prices are not driven significantly by consumer demand, but by investment demand. Consumers do not drive prices, because when the prices rise, they buy less, and vice versa. Only professional investors can provoke a stable, sustained rise in the gold price as happened during the past bull markets. Indeed, the rising prices of gold in the 1970s and 2000s coincided with declining jewelry demand, while the bear market in 1980s and 1990s was accompanied with a steady rise in demand for jewelry (see: chart 1).

Chart 1: Jewelry demand (in tons; blue line, right scale) and average annual gold prices (yellow line, left scale) from 1997 to 2014

Jewelry demand was generally falling in 2000s, while the gold price was rising. The high in jewelry demand in 1999-2000 coincided with a 20-year low in the gold prices, while the low in 2009 occurred during the gold bull market. And more recently, gold prices fell by almost 30 percent in 2013, while gold jewelry demand saw the largest volume increase since 1997 (by 17 percent annually).

This is the exact opposite of what we might expect if the jewelry demand would have really driven the gold price. In reality, the gold price affects the jewelry demand significantly, not the other round way. This category of demand has high price elasticity, especially in the Western countries, where gold jewelry is bought almost solely for decorative purposes as a luxury consumption good.

By the way, the same applies to scrap supplies. Recycling is also very sensitive to changes in the gold price, so when the gold price rises, scrap supplies increase, and vice versa; thus, recycling follows the gold price rather than driving it.

To be sure, jewelry demand, especially in Asia, represents investment demand in disguise rather than simple consumer demand, but it means that jewelry demand can drive gold price only as an investment demand. Contrarily, as a consumption demand it can provide only some upward support and follow gold price rather than setting it.

So, don’t put too much weight on all these bullish analyses focusing on demand from India and China. The GDP per capita and disposable incomes have been rising there for decades, and have also done so during gold bear markets. Asian demand does not drive the gold price, but follows it. For example, in 2013, gold prices fell by almost 30 percent (also against Yuan), and Chinese households became the world’s heaviest buyers of the yellow metal, while Indian and Chinese demand fell in the first quarter of 2014, when gold prices recovered from earlier losses.

The demand from central banks is a bit more complicated, since they buy and sell gold based on political reasons concerning the value and safety of national reserves and their expected need for the metal, rather than to gain a profit. Therefore, their activity does not follow gold prices exactly, as it was demonstrated by the Bank of England, which sold 395 tons of gold between 1999 and 2002 when the market was at its lowest. But does central bank buying drive the gold price? We do not think so. Just look at chart 2.

Chart 2: Central banks’ demand (in tons; blue line, right scale) and average annual gold prices (yellow line, left scale) from 1997 to 2014

As you can see, the gold price was rising since 2001, despite the fact that central banks were heavy sellers of gold from 1989 to 2009. Contrarily, the average gold price fell from $1,411 in 2013 to $1,266 in 2014, although central banks increased their net purchases from 409.3 tons to 477.2 tons.

Moreover, central banks possess only around 15-20 percent of total world gold holdings, while their annual purchases equal only the sum traded during a single day at the London market. It seems that central bank demand can put a floor under the price (or strengthen the existing market sentiment) rather than drive it.

The key point is that neither jewelry nor official demand drives the gold prices. Demand for gold jewelry is highly elastic and follows the gold price rather than sets it. Central banks’ purchases are relatively small and conducted mainly due to reserve management policy considerations (e.g., due to diversification), not because of the profit motive. In reality, the factor that really drives the price of gold is investment demand.

Thank you.

Arkadiusz Sieron

Sunshine Profits‘ Market Overview Editor


All essays, research and information found above represent analyses and opinions of Przemyslaw Radomski, CFA and Sunshine Profits’ associates only. As such, it may prove wrong and be a subject to change without notice. Opinions and analyses were based on data available to authors of respective essays at the time of writing. Although the information provided above is based on careful research and sources that are believed to be accurate, Przemyslaw Radomski, CFA and his associates do not guarantee the accuracy or thoroughness of the data or information reported. The opinions published above are neither an offer nor a recommendation to purchase or sell any securities. Mr. Radomski is not a Registered Securities Advisor. By reading Przemyslaw Radomski’s, CFA reports you fully agree that he will not be held responsible or liable for any decisions you make regarding any information provided in these reports. Investing, trading and speculation in any financial markets may involve high risk of loss. Przemyslaw Radomski, CFA, Sunshine Profits’ employees and affiliates as well as members of their families may have a short or long position in any securities, including those mentioned in any of the reports or essays, and may make additional purchases and/or sales of those securities without notice.

© 2005-2015 – The Market Oracle is a FREE Daily Financial Markets Analysis Forecasting online publication.

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Doha, Qatar: Shopping the Best Souq in the Middle East

August 21, 2015 Posted by admin

The souq gets lively every night, often with live musical acts and street performers — costumed acrobats on stilts brought in from other countries for entertainment. Despite the liveliness, the atmosphere is always relaxed and totally safe. Every time I come to the souq, I end up hanging out twice as long as I expected and being thoroughly entertained the whole the time.

Related: Shopping, Eating, and Sight Seeing: How to Make the Most of a Layover in Doha

Merchants at the souq. (Photo: Chandi Wyant)


A few things to know before you go.

The shops in the souq close from noon to 4 p.m. The best time to visit is from 4 p.m. through the evening. Shops tend to close around 11 p.m., although places like Tajine are open 24 hours. Locals like to go to the souq as late as midnight to smoke sisha and chill out after dancing at a club.

The places I recommend do not have addresses, which is why I often describe the locations based on nearby landmarks. But the souq is relatively small and everyone is very willing to help.

If you’re a man, don’t ask a local woman wearing an abaya for help because it puts her in a compromising position of talking to a strange man. Both genders should feel free to ask local men for assistance. Qatar has a strong tradition of honoring guests, and, if a local man doesn’t speak English, he’ll find someone who does to help you.

A note about spelling. In Qatar, it’s “souq,” with a Q.

Photo: Chandi Wyant


I come to this refined restaurant in the Al Jasra Hotel for the best Moroccan food in town and impeccable service. The lamb tagine with prunes is five-star.

Shebestan Palace
Qatar’s best Iranian food is found here, on the main street of the souq, tucked between cafes. The unusual entrance will compel you to enter the hallway of glass and mirrors, where a woman in traditional Persian attire will lead you to a stunning circular room with a fountain in the middle — a hidden Persian garden. The mixed kebab plates are the most popular, and a good way to try a variety of Iranian kebabs. Or go for an Iranian curry with lamb and eggplant. Come hungry. Portions are huge.

Al Matbakh Rooftop Grill
The views are of Doha’s iconic skyline and the menu includes hammour, the local fish delicately cooked in a tandoor oven; murgh malai, chicken with yogurt, garlic, and ginger; Wagyu beef; camel meat; and rock lobster. Located in the Arumaila Hotel.

Zaatar W Zeit
A low-key place for snacks or light meals of manakeesh, Lebanese flat bread served with toppings like labneh, halloumi, and zaatar. The outdoor tables are in a great people-watching location on the main drag near The Village Restaurant.

Khobez Ergag
The name means “thin bread.” Don’t ask me how to pronounce it, but put Nutella on it, and I’ll eat it! Head to the side of the souq in the direction of the Aurmaila Hotel until you will see an area by the road where abaya-clad women are cooking these crepe-like treats on outdoor stoves.

Al Akar
Stop here for the best khonafa, a typical Arab sweet, in Qatar. The name on the sign is only in Arabic, so just look for it across from The Village restaurant.

The Syrian Tamar Hindi seller in action. (Photo: Chandi Wyant)


The souq is alcohol-free. You will see lots of juice cocktails on menus. Alcohol has its place at high-end hotels and restaurants in those hotels, but it does not belong anywhere else, and it’s important to abide by that. Coffee and tea can be hit and miss. Qataris love Nescafe and the main served in homes, offices, and almost every cafe is Lipton. I’m not a fan. Their original tea (Karak) is much better. Traditional coffee is harder to find now, because when Qatar transitioned to modernity they embraced Western brands. But these are good all the same:

Ghaaryah Coffee Shop
A little café located across from Shebestan Palace Restaurant that serves great Turkish coffee and karak with ginger and cardamom.

Ali al Naama Coffee
Real Arabic coffee is called gahwa, and it’s best in this hole-in-the-wall on the main drag next to the area of red couches.

The Syrian Tamar Hindi Seller
Unmissable! He stands in front of the Damasca Restaurant and sells a drink made with tamarind and rose water that is refreshing and thirst-quenching. It’s a kick to watch how he pours and puts the money in his cap. He told me that five years ago in Damascus, when he served Jimmy Carter a tamar hindi, the former president put a thousand dollar bill in his cap. The traditional silver container strapped to his back is a work of art. Touch the bottom of it to feel how amazingly cool it keeps the drink.


Tajine and Caffe Tasse (across from each other) have the best shisha in the souq. Caffe Tasse also serves good cakes, and Tajine has good Moroccan tea. Both have street-side tables perfectly located to watch the passing scene as well as nice interior rooms. Tajine has an attractive roof terrace, too.


Nuts, Spices, and Shisha

There’s an area in the covered part of the souq, after the fabric shops and before the pets, where you will see a handful of shops selling nuts, dried fruit, spices, candy, and shisha.


Arabian Gulf Jewelers
This tiny shop (and the shops next to it) near the Arumaila Hotel sells heavy, traditional gold with green and red gems as well as lighter, more modern styles. The gold in the traditional jewelry comes from Bahrain, the source of the best gold, according to my Qatari female friends.

The Gold Souq
A building called the Gold Souq on the opposite side of the souq houses many gold shops. It’s a pleasant surprise to enter the pretty inner courtyard, where a fountain adds to the tranquil atmosphere. The ground-level shops are, for the most part, run by Qataris and sell traditional jewelry. For modern designs, head upstairs to shop 43, an Indian-run shop that can custom make gold and silver jewelry, copying any design you bring. Simple designs can be completed in a few hours. They also work with diamonds, pearls, and gems.

The fabrics. The incredible fabrics. (Photo: Chandi Wyant)


There are many fabric shops in the covered part of the souq, but if fabric is really your thing, you should cross Grand Hamad street (also known as Bank Street) to the Al Aseiry and Al Dira souqs, which are a half-block apart. (You can walk, depending how hot it is, or hail a cab at the edge of the souq.) The prices at Al Aseiry are mid-range. The shops at Al Dira are higher-end, with fabrics of stunning lace and Korean and Japanese silk. One store that only sells Liberty fabric is where my Qatari friends like to get their summer under-abaya-wear because the fabric is so light. Between those two souqs is a large store called Dana Center, which sells lovely Indian material and trimmings.

Falcons, Horses, and Camels

Near the Al Jasra hotel is a Falcon hospital and a falcon shop where you can pick up a prized bird for anywhere between $15,000 and $100,000. (Who wouldn’t want a pet falcon?!) For more fun with animals, follow the narrow road between the hospital and the shop to the stables of the Arabian horses kept by the souq police. You’ll find the camels down the road that leads past Al Bidda hotel.

An opulent welcome. (Photo courtesy of Al Jasra Hotel)


Al Rayyan Hospitality has opened nine hotels in the souq since 2012. Qatar’s first boutique hotels, they are housed in lovely, Arab-style buildings whose traditional appearance gives way to unexpectedly opulent interiors. My favorite is Al Jasra for its exemplary service, gorgeous furnishings, fantastic spa with a state-of-the-art Turkish hammam, and personal butler service in the suites.


Out of respect for Qatari culture, travelers should not bare too much skin. This means you should avoid clothing that ends above the knees or shows the shoulders. You may see foreigners wearing a lot less, but it is better to err on the conservative side and not risk offending the locals.

Married couples traveling to Qatar should bring a copy of their marriage certificate. Because it is illegal to have intimate relations outside of marriage, couples could be asked for proof. For example, the spa at Al Jasra Hotel has a beautiful Turkish hammam that can be booked for a private experiences for married couples.


The weather is hot from April through October, but because air conditioning can be so cold, you’ll want a sweater or a wrap indoors. The weather is as cold as it gets here in December and January (bring a jacket), but mild in the other months (pack a light jacket).

Chandi Wyant is a historian, foodie, and a writer currently living in Doha where, after three years of dealing with Doha’s traffic, she drives like she wants to race Danica Patrick. You can follow her at on Facebook. She travels for the history, the food, and to promote cross-cultural understanding.

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Malaika Raiss Launches Star Wars Jewelry Collection

August 20, 2015 Posted by admin

The Force is with Malaika Raiss.

The Berlin women’s wear designer has acquired a license from Disney-owned Lucasfilm Ltd. to create a 20-piece “Star Wars”-themed jewelry collection for her label Malaikaraiss. Part fashion jewelry and part fine jewelry, some designs will be in 18-karat gold and rose gold, some with diamonds. Characters and spaceships from the series will be represented in the collection, with prices ranging from 75 euros to 600 euros (about $82 to $663). The line will be sold from the Malaikaraiss Web site and in select stores worldwide. The launch is planned for October, in advance of “Star Wars: Episode VII — The Force Awakens,” which opens in theaters in December.

This story first appeared in the August 19, 2015 issue of WWD.  Subscribe Today.

Two designs have been released so far: a Darth Vader pendant and Impe- rial Shuttle post earrings, both in gold.

It’s not the first foray into pop culture for Raiss, a self-declared “Star Wars” fan. Her existing jewelry collection includes necklaces in the form of King Kong, a “Back to the Future” DeLorean, a Popsicle and a variety of dinosaurs.

This year, 30-year-old Raiss took full ownership of her five-year-old fashion company. Her casual-chic designs sell in about 20 stores in Germany, Austria, Switzerland, Japan and China, as well as online, and she recently collab- orated on eyewear with Swiss firm Viu.

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Apple Heard the Prayers of Every Tech Mogul and Banker in the Hamptons

August 19, 2015 Posted by admin

Imagine: you’re bluefishing on your Aquariva off Shagwong Point when a rogue wave comes crashing down on your and your crew. You survive, but your 18K gold Apple Watch Edition got drenched with salt water and looks deader than the fish in your cooler. Drone delivery is still just a gleam in Jeff Bezos’ eye, and the nearest Apple store is 75 miles away. What are you to do? 

Enter London Jewelers, who will begin stocking the Apple Watch Edition at their boutique in East Hampton on August 21st. The store will be the first luxury watch retailer in the U.S. to sell the Apple Watch, and will join a list of boutiques carefully selected by Apple to sell the elite 18K gold product. London Jewelers has multiple locations throughout Long Island, but only two were chosen to stock the watch: the outlet at the Americana Manhasset, and luckily, the boutique in East Hampton.

Back to fishing, everyone.

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