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The Jewelry District

Episode 2: May Edition

The Jewelry District

JCK

Fashion & Beauty, Business News, Business, Arts, News

9.925 Ratings

🗓️ 2 May 2019

⏱️ 40 minutes

🧾️ Download transcript

Summary

In This EpisodeIn the latest installment of “The Jewelry District,” you’ll hear JCK editor-in-chief Victoria Gomelsky and news director Rob Bates discuss the gender discrimination and harassment allegations at Signet Jewelers. Victoria covers how watch retailers are embracing the secondhand market.You’ll also hear a Weird Story of the Week about a jeweler/fan of Elon Musk who has a surprising issue with his Tesla! Rob and Victoria interview gem dealer Joe Menzie about his history in the industry, and gemstone expeditions around the globe.Show Notes 01:10 Victoria Gomelsky talks about JCK’s history and what she’s found in the 150 years-worth of archives.02:40 Victoria and Rob Bates talk about the bombshell report on Signet’s treatment of female employees over the years.07:40 Rob covers the other struggles Signet is having with their retail stores and new marketing strategy.09:20 Victoria covers watch retailers and their recent embrace of the secondhand market12:40 Rob tells the “Weird Story of the Week”.15:55 Victoria and Rob interview Joe Menzie, gem dealer and former president of ICA, about his career in the jewelry industry and the gemstone expeditions he leadsEpisode Credits: Hosts: Rob Bates and Victoria GomelskyGuest: Joe Menzie, gemstone dealerEngineer and Editor: Levi SharpeProducer: Natalie ChometPlugs: jckonline.com (jckonline.com), @jckmagazine (https://www.instagram.com/jckmagazine/), menzie.com (https://menzie.com/) Show Recap: Signet’s Alleged History of Gender DiscriminationVictoria and Rob react to the exhaustive New York Times Magazine cover story that details the many alleged incidents of gender discrimination and sexual harassment that took place in Signet Jewelers’ Sterling division over the years. Rob voices his opinion on how the company has responded since the article came out. Victoria underlines the overarching issue of when a company culture breeds this kind of behavior.Retailers Embrace Secondhand Watch MarketVictoria interviewed Hamilton Powell, founder and CEO of Crown & Caliber about the pre-owned watch market’s increase in popularity. She sees it as a way to hedge against other issues in the marketplace. She also discusses Les Ambassadeurs’ recent partnership with WatchBox – a secondhand watch powerhouse.Weird Story of the WeekRob tells the story of Ben Baller who created a $400,000 diamond and ruby ring for Elon Musk. He then gets locked in his own Tesla for 40 minutes. Baller posts a video of the incident to his Instagram feed. Conflict and conspiracy theories ensue.Interview with Gemstone Dealer Joe MenzieVictoria and Rob discuss Joe’s storied career and how he ended up in the gemstone industry. Victoria reminisces about the first time she met Joe in Tucson, and his dependable insight into this unique niche of the jewelry world over the years. Joe talks about his trajectory, beginning in social work, to accounting, then finally finding his way to his grandfather’s gemstone dealing trade. He describes how he ended up as the president of the ICA. Joe also details some of his exciting gemstone expeditions, and Victoria recalls her experience at a tanzanite mine.

Transcript

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0:00.0

This podcast is brought to you by JCPay Las Vegas, the premier destination to discover what's new and next in the jewelry market.

0:08.0

Join as the jewelry industry comes together at the Sands Expo and the Venetian May 31st through June 3rd.

0:14.2

Visit JCPonline.com slash Las Vegas to register today. Welcome to the Jewelry District, a podcast by J.C.K.

0:32.6

Magazine and J.C.K. Online.

0:34.6

Today, J.C.K.'s Rob Bates and Victoria Gamelski will talk about the latest news, a weird story

0:40.1

of the week.

0:40.9

Then, Rob and Victoria will interview well-known gem dealer Joe Menzzi, former president of the

0:46.3

International Colored Gemstone Association, otherwise known as ICA.

1:09.2

Hi, everyone. This is Rob Bates, news director of JCPay and JCP Online, and I am with editor-in-chief of J-C-K and J-C-K-L-L-Line, Victoria Gamelski.

1:10.8

Thank you so much, Rob. In from the Coast.

1:12.0

I'm here all week.

1:13.6

Digging in through JCPay's archives, 150 years of magazines.

1:17.6

It's been really fascinating.

1:19.3

What era are you in now?

1:21.2

Are you focused on a specific era?

1:23.1

I started with 1869.

1:25.1

So for those of you who haven't heard,

1:27.4

we're celebrating our 150th anniversary

1:29.5

this year. The magazine started in 1869 as the American Horological Journal. And then through various

1:37.0

mergers, acquisitions became the jeweler's circular keystone and then JCPK eventually. And so I've

1:43.5

literally started at 1869. I think I'm at

1:46.0

1895 at this point. I'm looking through all the table of contents and all the content and then

...

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