Monday: Rolling out new subway clocks, the Corkscrew Theater Festival, and National Lighthouse Day.
NYS Entity Status
NYS Filing Date
MARCH 04, 2013
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2013 - MAGNOLIA JEWELRY & WATCH CORP.
AROUND THE WEB
- New York Today: New York Today: New Subway Clocks
By JONATHAN WOLFE - Monday Aug 7, 2017
- Nearly 2 tons of seized ivory to be crushed in Central Park
By MARY ESCH, Associated Press - Thursday Aug 3, 2017
ALBANY, N.Y. (AP) — Nearly two tons of trinkets, statues and jewelry crafted from the tusks of at least 100 slaughtered elephants are heading for a rock crusher in New York City's Central Park to demonstrate the state's commitment to smashing the illegal ivory trade.[...] state environmental officials, who are partnering with the Wildlife Conservation Society and Tiffany & Co. for Thursday's "Ivory Crush," say no price justifies slaughtering elephants for their tusks.Last year, the U.S. Fish and Wildlife Service instituted a near-total ban on the domestic commercial ivory trade and barred sales across state lines.Since August 2014, New York law has prohibited the sale, purchase, trade or distribution of anything made from elephant or mammoth ivory or rhinoceros horn, except in limited situations with state approval.The World Wildlife Fund says the illegal wildlife trade not only threatens animal populations, but also endangers national security by funding terrorist cells.
- Teens accused of stealing money for jewelry, cars and teeth
By Associated Press - Wednesday Jun 28, 2017
FORT PIERCE, Fla. — Six Florida teens are accused of stealing a man’s life savings and blowing it on jewelry, cars and even gold teeth. A St. Lucie County Sheriff’s report says the teens — ages 14 to 16 — were all in custody on other crimes when they were arrested Monday following a two-month...
- Meredith Digital Ad Rev Gains Offset Print Declines
Monday Jul 31, 2017
Meredith Corporation’s totaladvertising revenue grew 2% to $934 million across the company in the fiscal 2017 year, according to its latest earnings report.
Unlike most companies, Meredith’s fiscal yearruns from July 1 to June 30, meaning its fiscal 2017 fourth quarter and full year ended June 30. Its fiscal 2018 year started July 1.
Total company revenues grew 4% to$1.7 billion for fiscal 2017.
"We delivered record revenue and profit in fiscal 2017, as we continue to aggressively execute our multiplatform growth strategies, including rapidexpansion of our highly profitable digital activities," stated Meredith chairman and CEO Stephen M. Lacy.
Meredith’s Corp.’s total digital advertising revenueacross the company grew 20%.
Meredith Corp. is broken out into two major divisions: the Local Media Group, with includes 17 television stations, and the National Media Group, whichcontains the magazines and reaches more than 110 million American women every month, including over 70% of U.S. millennial women.
National Media Group’s digital advertisingincreased more than 20% and represented over 30% of its total advertising in its fiscal 2017 year, offsetting declines in print advertising, according to Meredith president and COO Tom Harty.
This growth was “led by highly profitable native, engagement-based video and programmatic advertising, along with shopper marketing,” according to the company. Total advertising revenues for the National Media Group were not as impressive as Meredith's overall ad revenue. It made $520 million in fiscal 2017, down 1%, but up slightly when excludingMore and Siempre Mujer magazines, which Meredith shuttered by fiscal 2017. That means it did not have its ad and circulation revenues. (Siempre Mujer still livesonline.)
In 2017, Meredith launchedThe Magnolia Journal, a quarterly lifestyle magazine produced in collaboration with Joanna and Chip Gaines, the stars of the HGTV show “Fixer Upper.” It is thepublisher’s strongest-selling newsstand title and is currently selling more than 900,000 copies of each issue.
"We expanded our audience across media platforms and launched newproducts to strengthen our competitive position with Millennial consumers and advertisers wanting to reach them," stated Harty.
Harty added Meredith generated a record $63 million ofpolitical advertising revenues in fiscal 2017, likely helped by the presidential election in the fall of last year.
Traffic across Meredith's digital properties averaged 86 millionmonthly unique visitors, an increase of 8% compared to the previous year.Circulation revenues were $322 million, down 2%, but flat when excluding More and ,
- The Diamond Shape That Is Jewelry's New Star
Thursday Jul 20, 2017
Once a supporting player for big blingier stones, the rectangular diamond-cut known as the baguette is now starring in unexpected modern jewelry designs.
- Costco ordered to pay $19.4M for misleading ‘Tiffany’s’ jewelry
By lbitskynyp - Monday Aug 14, 2017
A federal judge ordered a “deceptive” Costco to pay Tiffany & Co. a whopping $19.4 million for misleading consumers into thinking they could buy legit Tiffany bling at warehouse club prices. The award — which reflects $11.1 million in damages, triple Costco’s profits, plus $8.25 million in punitive damages — follows a trial that revealed...