New York—Diamond jewelry brand Lady Heart Collection has made a move to the Big Apple.

Ramat Gan, Israel—The Israel Diamond Institute (IDI) has redesigned the Israeli Diamond Industry Portal Web site to make it more user-friendly.

Brisbane, Australia—Australian jewelry-technology company Octahedron has sold a 50 percent share of its business to New York-based the Rapaport Group.

Woody Allen once said, "It is clear the future holds opportunities—it also holds pitfalls. The trick will be to seize the opportunities, avoid the pitfalls and get back home by 6 o'clock."

New York—The Women's Jewelry Association (WJA) will honor 11 women in the jewelry industry with its Shining Star Award on March 7.

El Segundo, Calif.—Hot Wheels, the creator of die-cast toy cars that are as much a part of the childhood lexicon as Barbie, has kicked off its 40th anniversary this year with the unveiling of the most expensive Hot Wheels car in history.

Carlsbad, Calif.—Due to the rapid growth of the U.S. Hispanic population, the Gemological Institute of America (GIA) has produced a Spanish version of its Four C's brochure.

Tiffany & Co. said Friday it is expecting double-digit international growth and single-digit domestic growth for 2008.

U.S. chain stores reported their slowest January since 1970, with same-store sales growing 0.5 percent compared to the previous year, according to the International Council of Shopping Centers. Department stores and luxury chains posted the biggest declines in sales growth, at 5.7 percent and 2.2 percent, respectively.