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March 31, 1995 - Image 45

Resource type:
Text
Publication:
The Detroit Jewish News, 1995-03-31

Disclaimer: Computer generated plain text may have errors. Read more about this.

Go against the grain.
Cut down on salt.

TRAPEZE page 39

financial backing, which meant
convincing major manufacturers
and exporters that his new dia-
mond would fly.
In 1990, Mr. Baker showed his
diamond to Israel's 10 major di-
amond dealers.
`They told me I was dreaming,
that no one could introduce a new
diamond into the market," he re-
calls. "They all kicked me out."
So Mr. Baker set out to launch
his product alone, relying on his
buyer-end selling technique.
Back in the United States, he
showed the diamond to his best
customers, and asked them to
name it. They chose the name
trapeze.
He set up Trapeze Inc., hired
a patent lawyer and registered
the design and name under sep-
arate U.S. patent numbers,
which he then registered world-
wide.
Soon, he says, he grew impa-
tient with what he considered the
"old-fashioned" rings his cus-
tomers were creating with his
new diamond.
By January 1994, he'd located
a Long Island jewelry manufac-
turer, who was given exclusive
rights to develop a new line of
rings utilizing only his trapeze
diamond.
Over the last year, Baker's
trapeze diamond rings have been
sold by major American retailers
including Zales, Macy's and Ster-
ling.
Declining to release exact fig-
ures, he says they've sold "very
well," with "several thousand"
rings produced since the line was
developed.
In February, Joya Plus in Tel
Aviv's Kikar HaMedina signed
on to carry his rings in Israel.
This month, he showed the
rings at an international jewelry
show in Bangkok, following on
the heels of what he calls a "very
successful exhibit" at the Javitz
International Jewelry Show in
New York this past January.
In 1995, Mr. Baker hopes to
reach sales figures of $5-10 mil-
lion.
Industry bigwigs have started
to take notice of Mr. Baker's suc-
cess with the trapeze diamond.
"Aaron," a manager with one
of the top firms at the Tel Aviv
Diamond Exchange, who spoke
on condition of anonymity, was
an assistant at one of the major
diamond manufacturing and ex-
porting firms Mr. Baker ap-
proached with his new diamond
five years ago.
"I thought he was just anoth-
er nobody barking up the wrong
tree," Aaron says. "I had no idea
he'd get this far."
Aaron says it is difficult to in-
troduce a new diamond to the
market. The last newcomer —
the popular "princess" diamond
— appeared more than 15 years
ago.
Today, Aaron says, there's a

TRAPEZE page 46

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could subtract years from
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people salt contributes to
high blood pressure,a con-
dition that increases your
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