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☆ What All the Single Ladies (and Men) Say About the Economy
▼ + stars: | 2023-06-09 | by ( Jeanna Smialek | Jason Karaian | ) www.nytimes.com time to read: +1 min

Aftershocks from the coronavirus pandemic continue to rumble across the U.S. economy, and Signet Jewelers shared a surprising one this week: The company is selling fewer engagement rings this year because, it says, singles who were stuck at home during lockdowns failed to meet their would-be fiancés in 2020. Shares of Signet, the largest jewelry retailer in the United States, tumbled after the company cut its forecasts for sales and profit for the rest of the year. In a way, the engagement ring has become a sparkly microcosm of the American economy. The bridal jewelry business is being buffeted by the delayed effects of the pandemic, rapid inflation that is squeezing consumers and a growing sense of nervousness among shoppers. Some of the volatility is owed purely to the pandemic.

Persons: lockdowns, Kay Organizations: Signet Jewelers, Signet, Kay Jewelers, Zales Locations: U.S, Virginia, United States

☆ Signet Jewelers CEO Gina Drosos: Seeing a lot of pressure on consumer spending
▼ + stars: | 2023-06-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSignet Jewelers CEO Gina Drosos: Seeing a lot of pressure on consumer spendingGina Drosos, Signet Jewelers CEO, joins 'Squawk on the Street' to discuss the CEO's insights into the consumer, how recent holidays have fared for the jewelry company, and how the company is operating inventory levels.

Persons: Gina Drosos Organizations: Signet, Signet Jewelers

☆ Take a look at the first prison yard photo snapped of Elizabeth Holmes after she started her 11-year sentence in Texas
▼ + stars: | 2023-06-05 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

Disgraced former Theranos CEO Elizabeth Holmes was photographed for the first time in prison. Holmes was seen with her hair loose, bespectacled, and wearing drab khakis in the prison in Bryan, Texas. Former Theranos CEO Elizabeth Holmes has been photographed for the first time since she began her 11-year prison sentence. —New York Post (@nypost) June 3, 2023On May 30, Holmes reported to the Federal Prison Camp in Bryan, Texas, which is a minimum-security women's prison. Holmes' representative did not immediately respond to Insider's request for comment sent outside of regular business hours.

Persons: Elizabeth Holmes, Holmes, Ramesh, Sunny Organizations: Daily Mail, York, Federal Locations: Bryan , Texas, —

☆ Read the inmate orientation handbook for the minimum-security prison where Elizabeth Holmes is serving her 11-year sentence
▼ + stars: | 2023-06-05 | by ( Emily Cohn | ) www.businessinsider.com time to read: +2 min

It's been nearly a week since Elizabeth Holmes reported to minimum-security prison in Texas. An inmate handbook spells out the basics of life at FPC Bryan, where Jen Shah is also an inmate. The day starts at 6 a.m. and 25-minute video calls cost $6.00 per session. It's been nearly a week since Elizabeth Holmes reported to prison to begin serving out an 11-year, three month sentence. The Bureau of Prisons is experimenting with video calls, which are 25 minutes long and cost $6.00 per session.

Persons: It's, Elizabeth Holmes, Bryan, Jen Shah Organizations: Morning, Federal, of Prisons, Prisons Locations: Texas, Bryan , Texas

☆ Diablo IV Wants Gamers to Slay Monsters in Hell Forever
▼ + stars: | 2023-06-05 | by ( Brian X. Chen | ) www.nytimes.com time to read: +1 min

With hits like World of Warcraft and Diablo, Blizzard Entertainment is considered a progenitor of the “forever game,” addictive experiences that players cannot put down because they seemingly never run out of quests to complete or gear to collect. As players fought through dungeons, slain monsters dropped loot, such as weapons and jewelry, that would empower their characters. Sometimes they were randomly rewarded with rare and exceedingly potent loot, much like pulling a slot machine and hitting the jackpot. The endless dopamine-inducing hunt was a winning formula that persuaded Diablo players over the past 26 years to invest hundreds, sometimes thousands, of hours into building the perfect character. But as the studio, now part of Activision Blizzard, prepares to release Diablo IV for computers and Xbox and PlayStation consoles on Tuesday, it is modifying its casino-like tactics to build a forever game for modern times.

Persons: deviousness Organizations: Blizzard Entertainment, Diablo, Activision Blizzard, PlayStation

☆ 2,000 years before 'manscaping' and smooth armpits, the Romans were seriously into hair removal, archaeological findings show
▼ + stars: | 2023-06-03 | by ( Bethany Dawson | ) www.businessinsider.com time to read: +2 min

A team of archaeologists has found that our obsession with hair removal can be traced to Roman times. Hair removal was the way to get "the look" for men and women. Archaeologists working in Wroxeter Roman City, in Shropshire, England, have discovered a huge collection of over 50 tweezers at the settlement that dates from the 2nd to 4th century AD. English HeritageEnglish Heritage has said that the hair removal practices were just as routine for men as they were for women, noting that men who would engage in sports like wrestling would be expected to remove their body hair. Cameron Moffett, English Heritage Curator at Wroxeter Roman City, a new museum that opened last week, told The Times that you "had to have the look.

Persons: —, Cameron Moffett, Seneca, Moffet Organizations: Service, Heritage, English, Times, English Heritage Locations: Wroxeter Roman City, Shropshire, England, Roman City, Wroxeter, Britain

☆ Look of the Week: J. Smith Cameron makes the case for party pajamas
▼ + stars: | 2023-06-02 | by ( Leah Dolan | ) edition.cnn.com time to read: +3 min

Don’t cry because “Succession” is over, smile because J. Smith Cameron wore an extravagant set of feather-trimmed pajamas to the finale watch-party. Discovery, parent company of CNN) were mourning the end of “Succession,” Smith Cameron — who plays Waystar general counsel Gerri Kellman — and her stylist Cat Pope gave us something to grin about. The look even received the approval of Sex and the City’s Kim Cattrall, who simply commented: “Perfect.”The Sleeper set worn by J Smith Cameron retails for $390 on the brand's website. That The Sleeper set takes its sartorial cues from this era, and that it’s being worn by Smith Cameron, is a knowing wink. This is Smith Cameron’s silver screen moment, and she’s dressing for it.

Persons: Smith Cameron, ” Smith Cameron —, Gerri Kellman —, Cat Pope, ” Smith Cameron, Kim Cattrall, Cameron Smith It’s, ” Smith, ”, J Smith Cameron retails, Sylvia Pedlar, Anna Sui, Christy Turlington, Naomi Campbell, Linda Evangelista —, mary janes, Sarah Burton, Alexander McQueen, Gigi Hadid, Morgan, Jean Harlow, Smith, Hollywood starlets Vivien Leigh, Shirley Ross Organizations: CNN, Warner Bros, Twitter, Hollywood, Bettmann Locations: New York, Ukrainian

☆ How begpackers became some of the world’s least popular tourists
▼ + stars: | 2023-06-01 | by ( Lilit Marcus | ) edition.cnn.com time to read: +8 min

James, a comedian, is one of the posters behind the Instagram page Chaotic Hong Kong Expats. But the age of social media has catapulted the activity into public consciousness with a wave of begpacking-shaming Instagram accounts and Facebook pages. “Hong Kong is a very expensive place to live and the average (monthly) wage is 15,000 Hong Kong dollars ($1,915). Viral social media photos of begpackers in places like Malaysia, Indonesia and Hong Kong have been appearing on social media in recent months, re-igniting debate over the issue. “I think it kind of represents the growing arena of location-independent tourists blurring boundaries between leisure and work,” says Bernstein.

Persons: Ashley James, “, James, ”, ” James, Stephen Pratt, He’s, Pratt, –, begpackers, Patrick Leigh Fermor, ’ ”, ” Will Hatton, “ you’ve, ” Joshua Bernstein, Bernstein, begpack, Raphael Pangalangan, Begpacking, ” Pangalangan, ” Hatton, Hatton, it’s Organizations: Hong Kong CNN, Hong, Rosen, of Hospitality Management, University of Central, Hong Kong Polytechnic, Language Institute, Thamassat University, Michelin, European Union Locations: Hong Kong, Asia, Kong, Thailand, India, Indonesia, begpackers, University of Central Florida, Hong, Kowloon, Europe, begpacking, Bangkok, North America, Malaysia

☆ A TikTok Shop exec breaks down the company's vision for the product and how it's wooing brands and creators
▼ + stars: | 2023-06-01 | by ( Marta Biino | ) www.businessinsider.com time to read: +7 min

With Shop, TikTok wants to replicate the success of commerce on its Chinese sister app Douyin. Patrick Nommensen, TikTok GM of UK ecommerce, discussed some of the details for brands and creators. TikTok has big ambitions for shopping and has been investing heavily in it — from developing a logistics business to powering in-app purchases through TikTok Shop. Overseeing TikTok Shop has been one of Nommensen's focuses. Nommensen said TikTok has been working with some high-tier creators and celebrities on a strategic basis to spread awareness around TikTok Shop, pairing them with merchants.

Persons: TikTok, Patrick Nommensen, It's, Nommensen, Nommensen's, livestreaming, Sellers, it's Organizations: TikTok, ByteDance, Street Journal, Facebook, Insider Intelligence Locations: Asia, TikTok, Musical.ly, Spain, Brazil, Southeast Asia, China

☆ In Samuel Fosso’s Photos, ‘You Can See Evil, You Can See God’
▼ + stars: | 2023-06-01 | by ( Scott Reyburn | ) www.nytimes.com time to read: +1 min

“They sent me the negatives. It cost me a lot,” said Fosso, 60, in an interview at the Galerie Christophe Person in Paris, which is holding the first major solo show of the artist’s work in a commercial gallery, through June 17. “In Paris, I had depression,” said Fosso, referring to the effect of learning that his studio, if not most of his archive, had been destroyed. “The Chief” was one of the “Tati” series of 11 color photographs Fosso made in 1997 to celebrate the 50th anniversary of a discount store located in the Barbès neighborhood of Paris. Much loved by immigrant communities in the city, Tati closed in 2020, a casualty of the Covid pandemic.

Persons: “, ”, Fosso, Galerie Christophe Person, ” Fosso, Tati Organizations: Galerie, “, London Locations: Paris, Düsseldorf, Tokyo, Barbès

☆ What are retail shrink and organized retail theft, and why do companies keep talking about them?
▼ + stars: | 2023-05-31 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +9 min

watch nowFor several years, the terms shrink, retail crime and organized retail theft have echoed from the mouths of politicians, police officers, trade groups and the country's most prominent retail executives. And how does it differ from retail crime and organized retail theft? The companies polled for the survey estimated that retail theft accounted for 37% of those losses, employee or internal theft 28.5% and process and control failures 25.7%. The NRF defines organized retail theft as the "large-scale theft of retail merchandise with the intent to resell the items for financial gain." The line between organized retail theft and shoplifting can be murky, but they are distinctly different.

Persons: Lindsey Nicholson, It's, Lisa LaBruno, Manhattan DA Alvin Bragg, Barry Williams, John Willis, Willis, let's, Willie Carswell, he's, He's, Carswell, Tim Boyle Organizations: Trade, CNBC, Universal, Getty, National Retail Federation, Security Investigations, Retail Industry, Association, Manhattan DA, New York Daily, Homeland Security Investigations, eBay Locations: Queens , New York, New York, Manhattan , New York, New, Charlotte, Niles , Illinois

☆ India Is Scrapping Its Largest Bill. The Race Is On to Spend It.
▼ + stars: | 2023-05-31 | by ( Sameer Yasir | Mike Ives | ) www.nytimes.com time to read: +1 min

Indians have been filing into gas stations, jewelry stores, fruit stands and any other businesses that still accept soon-to-be-withdrawn 2,000-rupee notes, each worth about $24. The race to spend India’s biggest bill has been on since its central bank announced this month that they would be removed from circulation by early fall. Economists say retiring the big bill may help fight corruption, bring workers into the formal economy, improve tax collection and accelerate India’s push for digital payments. But for some consumers, the move has dredged up unpleasant memories of 2016, when Prime Minister Narendra Modi’s sudden ban on large notes left them without enough cash for basic transactions. In an economy that is driven by rural and informal workers, some do not own bank accounts — or trust the government’s economic policies.

Persons: Narendra Modi’s Locations: India’s

☆ What Elizabeth Holmes’ life in prison could look like
▼ + stars: | 2023-05-30 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +4 min

Holmes reported to the Federal Prison Camp in Bryan, Texas, on Tuesday to begin serving out her 11-year sentence after being convicted on multiple charges of defrauding investors while running the now-defunct startup Theranos. Located approximately 100 miles outside of Houston, where Holmes grew up before moving to California to attend Stanford, FPC Bryan is a minimum-security federal prison camp housing more than 600 women offenders. Disgraced Theranos CEO Elizabeth Holmes is escorted by prison officials into the the Federal Prison Camp on Tuesday, May 30, 2023, in Bryan, Texas. But according to Mark MacDougall, a longtime white-collar defense lawyer and former federal prosecutor, the prison won’t be a walk in the park for Holmes. Housing at FPC Bryan typically consists of dormitory-style arrangements featuring a four-bunk cubicle and communal bath facilities, he said.

☆ A Veteran Business Journalist (and Wine Lover) Learns an Age-Old Lesson
▼ + stars: | 2023-05-30 | by ( James Barron | ) www.nytimes.com time to read: +1 min

As he acknowledged, the story was unusual because it had started with his own experience with Sherry-Lehmann, a New York store that had long been venerated. Many New Yorkers who don’t know wine know about Sherry-Lehmann. “The customer base on the Upper East Side left town,” debilitating the company’s bottom line, Stewart told me. For people who know their wine, Sherry-Lehmann was something more than a retail store with Park Avenue respectability. Just as there are corn futures and soybean futures, there are wine futures, which struck me as a concept a business reporter would love.

☆ In a TikTok world, many wedding traditions don't stand a chance
▼ + stars: | 2023-05-27 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +9 min

The wedding industry is beginning to see the fallout of this shift away from tradition. That meant "wedding TikTok" — with its dancing groomsmen and videographers turned influencers — was the next best thing. "So it is time for us in the wedding industry to expand the definition of what a perfect day means." Adrienna McDermott spent nine years in the wedding industry before starting a marketing agency for wedding professionals called Ava and the Bee. "It really opened up my eyes for the power of TikTok," Lee said.

☆ Jewelry That Adds Face Value
▼ + stars: | 2023-05-26 | by ( Alexandra Cheney | ) www.nytimes.com time to read: +1 min

Messika, a Paris jewelry brand that held a runway show in September 2022, paired Adidas streetwear silhouettes with its high jewelry, like the Golden Shield lip ring and Rising Soul septum rings. And during the fall 2022 runway shows, Louis Vuitton presented an androgynous shirt-and-tie tailored look accessorized with an oversized septum piercing. “Lips in our society are very important; there’s a femininity and sexuality that you can play with,” said Valérie Messika, founder and artistic director of her namesake jewelry house. “There’s a mood and a personality that you can assume that you can’t with classical jewelry. Prices range from $1,000 to $28,000.

☆ ‘Translators’ Help a Jewelry Designer to Keep Creating
▼ + stars: | 2023-05-26 | by ( Rachel Garrahan | ) www.nytimes.com time to read: +1 min

LONDON — On an upper floor in Romilly Saumarez Smith’s 18th-century house in the Stepney neighborhood of east London is a small closet that the Smiths understand was used to powder the wigs of the home’s original owners. Now the 30-square-foot space is packed with a jeweler’s bench and other equipment, racks full of tools, piles of notes and sketches, and the works-in-progress of her intricate, lyrical creations. But one recent afternoon, it was not Ms. Saumarez Smith but the jeweler Laura Ngyou, one of Ms. Saumarez Smith’s assistants, who was working at the bench. In 2002, Ms. Saumarez Smith, now 69, was diagnosed with a rare form of secondary progressive multiple sclerosis that has left her paralyzed from the neck down, although she can speak without aids and has retained some feeling. A difficult few years followed, but then in 2010 she realized collaborations could enable her to continue bringing her creative imaginings to life.

☆ How Italy’s Heart of Gold is Melding with More Modern Jewelry Machinery
▼ + stars: | 2023-05-26 | by ( Victoria Gomelsky | ) www.nytimes.com time to read: +2 min

It also is a hub for jewelry companies that continue to promote traditional handicrafts even as they experiment with cutting-edge techniques such as powder metallurgy — reducing precious metals to powder to be used in 3-D printing, or what the industry calls additive manufacturing. It is the kind of advancement that will allow jewelers to execute designs that are impossible to achieve through traditional casting methods, ensuring both quality and consistent results. “Vicenza is, without any doubt, the technological core of the machinery production for the gold sector,” Giovanni Bersaglio, the chief operation officer at Berkem, a supplier of plating equipment and chemical solutions for the jewelry industry, based in nearby Padua, wrote in an email. In 2022, exports of Italian gold and silver jewelry reached 9.8 billion euros (about $10.5 billion), a 22.5 percent increase over the same period in 2021, and a 40.8 percent increase over the same period in 2019, according to Confindustria Federorafi, a national association representing companies in Italy’s jewelry manufacturing sector. Damiano Zito, the chief executive of Progold, which designs and manufactures jewelry in Trissino, a small town about 15 miles west of Vicenza, said the pandemic highlighted an issue that has plagued the Italian industry for the better part of the past decade: its dwindling number of skilled workers.

☆ You Shouldn’t Squish These Bugs
▼ + stars: | 2023-05-26 | by ( Victoria Gomelsky | ) www.nytimes.com time to read: +1 min

BEVERLY HILLS, Calif. — “Bonkers About Beetles.” “Innumerable Insects.” “Bugs: A Pop-Up Book.” The volumes that line the shelves of the jewelry designer Daniela Villegas’s home in this part of greater Los Angeles underscore what is obvious to anyone who ventures inside: She is passionate about pests. Thousands of specimens — of the six, eight- and 100-plus-leg varieties — hang in frames on the walls, are displayed in bell jars on the shelves and lie beneath the glass atop her oversized coffee table. Much of the collection was acquired at bug fairs and is shared with her husband, the furniture designer Sami Hayek (Salma’s younger brother). It is likely to make visitors think they have wandered into the entomology section of a natural history museum, or rather, its deluxe gift shop. The eccentric décor includes a stuffed armadillo adorned with its own gemstone bracelet; a wicker table in the shape of a grasshopper, topped with a crab sculpture; and a collection of Ms. Villegas’s signature Khepri rings, honoring the scarab-face god of ancient Egypt.

☆ They Sell Seashells (With Gems) From the Seashore
▼ + stars: | 2023-05-26 | by ( Jill Newman | ) www.nytimes.com time to read: +1 min

Even the French house Boucheron embellished a brown and white marbled seashell, conus marmoreus, with 286 diamonds totaling 6.54 carats for a brooch in its Carte Blanche high jewelry collection, a 26-piece set called Ailleurs, unveiled in Paris in July 2022. “It is the goal of high jewelry to arouse emotion and poetry, and it is our duty to question what is considered precious,” the house’s creative director, Claire Choisne, wrote in an email. These designers are actually bringing shells back to their roots: For most of history, shells were highly valued, and even used as currency. Cowrie shells, for instance, were used as currency in West Africa as early as the 14th century, and later, they were used for trading among African, Asian and European nations. For centuries, Native Americans shaped clam and conch shells into beads, some of which were added to ceremonial garments and accessories, while others were used as a currency known as wampum.

☆ Dollar Tree is considering locking up products to deter theft
▼ + stars: | 2023-05-25 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Dollar Tree faced higher "shrink" during the company's first quarter, executives said Thursday. Like many retailers, Dollar Tree is considering "defensive merchandising" or restricting product access. One of the steps Dollar Tree is considering is "defensive merchandising," a retail industry term for locking up merchandise and requiring customers to retrieve it with an employee's help. The chain also said its customers bought more groceries and other consumable goods, which generally are less profitable than other things Dollar Tree sells. Do you work or shop at a dollar store and have a story to share?

☆ Strikes, Delays and Lost Luggage: How to Survive Air Travel This Summer
▼ + stars: | 2023-05-25 | by ( Elaine Glusac | The New York Times | ) www.nytimes.com time to read: +27 min

Illustration by Yukai Du Strikes, Delays and Lost Luggage: How to Survive Air Travel This Summer With the travel season in full swing, we compiled a guide to help you navigate the year’s most hectic time in the skies. If you don’t care which beach, shop around.” If you haven’t booked summer flights, do it now. For one, avoiding the airports with the highest levels of delays and cancellations last summer may be a good idea. They’re also getting longer inside airport lounges, longtime havens from the masses clogging the terminals at peak times. Standard membership in Priority Pass, a network of 1,300 airport lounges, starts at $99 a year, with each visit costing $35 at that level.

Persons: Yukai Du, we’ve, haven’t, Hopper, What’s, ”, Laura Lindsay, Ted Rossman, Priceline, Mr, Rossman, Charlotte Douglas, Toronto Pearson, it’s, “, Carter Langston, Rhonda Lawson, C.B.P, you’ve, you’re, You’ll, Lawson, Emmanuel Macron, Tomasz Pawliszyn, Jamie Larounis, Larounis, they’re, SITA —, They’re, Eric Goldmann of Atlanta Organizations: Bureau of Labor Statistics, Google, Miami, JetBlue, Heathrow Airport, Amsterdam Schiphol, Gatwick, Air Canada, Labor, Newark Liberty International, La Guardia Airport, Kennedy Airport, Reagan, Miami International, Orlando International, Boston Logan International, Charlotte Douglas International, Toronto Pearson, Federal Aviation Administration, Washington , D.C, Customs, Western, Gulf, Phoenix, Transportation Security Administration, Global, Border Protection, Clear, PreCheck, Heathrow, Air, SNCF, U.S . State Department, Smart, Union, Travelers, New Tech, Airlines, Lufthansa, Siemens, Alaska Airlines, KLM, U.S . Bureau of Transportation Statistics, Apple, The Department of Transportation, American, Venture, Dallas Fort Worth International, JPMorgan Chase, Club, Chase Sapphire Reserve, Americas Locations: Europe, United States, Asia, San Francisco, Jacksonville, Fla, Miami, London, Amsterdam, U.S, La, New York, Washington, Charlotte, N.C, Newark, Orlando, Toronto, Sydney, Jakarta, Frankfurt, Munich, Heathrow, Washington ,, States, Denver, Seattle, Reno, Nev, Gulf Coast, Atlantic, Houston , New Orleans, Atlanta, Luton, T.S.A, ’, noncitizens, France, Britain, Italy, Germany, Berlin, Dutch, Swiss, Delta, United, Hong Kong, Dallas, Boston, North, Central, South America, Dallas , Newark

☆ Elizabeth Holmes will soon have to ditch her black turtleneck for khaki prison garb and will earn as little as 12 cents an hour working on the prison factory line
▼ + stars: | 2023-05-19 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +3 min

Holmes will soon ditch her turtleneck and work in a factory line, earning 12 cents to a dollar. The disgraced Theranos CEO has been instructed to report to a Texas prison at the end of May. Holmes was convicted on four counts of fraud and conspiracy in January 2022. Elizabeth Holmes will soon be switching out her famous black turtleneck in favor of drab khaki prison wear when she reports to a prison in Texas at the end of the month. At the Texas prison, Holmes will be expected to dress in khaki pants and shirts and will have to dispense with any jewelry exceeding $100 in value, per an inmate admission and orientation handbook.

☆ Europe wants to ban Russian diamond imports. What comes next?
▼ + stars: | 2023-05-19 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

“Russian diamonds are not forever,” European Council President Charles Michel said on the sidelines of the G7 summit in Hiroshima, Japan, on Friday. Tatyana Makeyeva/ReutersA ban on Russian diamonds could inflate prices for European consumers, especially if diamond production elsewhere doesn’t ramp up. The biggest task facing Europe is how to design an air-tight ban that prevents Russian diamonds from arriving in the bloc through circuitous routes. “There are a lot of Russian diamonds that still get sold within the American economy,” he said. “If you really want to close loopholes, you need to find a system that prevents [Russian] diamonds going to the G7 market,” Neys said.

☆ Mick Jagger's daughter Jade fined for attacking police in Spain
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +1 min

[1/2] Designer and model Jade Jagger poses during the inauguration of her exhibition "Don't take it personally" at Studio 57 gallery in Paris, France, July 6, 2017. REUTERS/Gonzalo Fuentes/File PhotoMADRID, May 19 (Reuters) - A Spanish court on Friday ordered Jade Jagger, the daughter of Rolling Stones singer Mick Jagger, to pay 2,200 euros ($2,422) in fines and compensation for attacking a police officer on the island of Ibiza. The 51-year-old jewelry designer was arrested on Wednesday along with a man following an altercation at a restaurant in the island's capital, Ibiza Town. In Spain, prison sentences under two years are generally suspended if the defendant has no prior convictions. ($1 = 0.9084 euros)Reporting by Emma Pinedo; Editing by David Latona and Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.

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