Reed Exhibitions Buys Miami-based Jewelers International Showcase
May 27, 2015
Adding to its jewelry portfolio, Reed Exhibitions has acquired Miami-based Jewelers International Showcase (JIS).
JIS runs three events all held at the Miami Beach Convention Center. Thousands of retailers attend the JIS Events from the United States, Caribbean and Latin America to do business with almost 700 exhibitors.
"This is an exciting opportunity to expand our jewelry portfolio, offering our customers broader reach to retailers in the Caribbean and Latin American markets,” said Yancy Weinrich, senior vice president, JCK.
He added, “The JIS Events offer a unique opportunity for buying and will continue to deliver enhanced customer value and a broader pool of retailers in this growing market.”
The events will join the JCK Events in Reed Exhibitions' U.S. jewelry portfolio, which includes shows such as JCK Las Vegas Show.
The JIS Events occur in January, April and October, timed around jewelry retailers’ ability to stock and place last minute orders for key holiday buying seasons.
Jordan Tuchband, vice president of Sales & Operations JIS, will join Reed Exhibitions as industry vice president for JIS Events.
Tuchband has led the JIS event team for 10 years and brings with him the experience and passion needed to continue to drive the business forward, according to Reed officials.
One of his primary objectives will be to lead the sales and marketing efforts for the JIS Event brand and strengthen brand relationships.
"JIS' product range covers all price points from high-end designers to popular-most of the products on the show floor represent middle and higher price points, which are ideal for the retail audience that JIS attracts," Tuchband said.
He added, "There is something for every type of retailer at JIS, including independent stores that place lower volume orders. JIS also allows the immediate delivery of jewelry, which eliminates a long wait for retailers to have product delivered."
Michael Breslow has overseen JIS Events for 40 years and will continue with the as a consultant to Reed Exhibitions.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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