The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.
Stumped for holiday gift ideas?
A recent survey from the NRF indicated that, as of the second week of December, 41 million people had not yet started their holiday shopping, and 47.1 percent didn’t have it all done. If you are among those still searching...
A recent survey from the NRF
indicated that, as of the second week of December, 41 million people had not yet started their holiday shopping, and 47.1 percent didn’t have it all done.
If you are among those still
searching for suitable holiday gifts, than this blog is for you.
Remember that during tough economic times, nonprofit organizations and charities tend to struggle along with
everyone else, perhaps even more, and, in turn, so do the people in need they
work to support.
Donating to one will not only
potentially help out somebody in great need, but it will make you feel good as
well.
Below are a few charities I feel are worth supporting.
Happy holidays to
everyone!
— The Diamond Empowerment
Fund (DEF). I think this charity,
co-founded by music mogul Russell Simmons, is a great cause. Founded in 2007, the DEF is a nonprofit international organization established by individuals in the
diamond and jewelry industry, including Simmons.
The DEF’s mission is to raise
money for education for economically disadvantaged nations in Africa where
diamonds are a natural resource.
The DEF’s first beneficiary is
CIDA City Campus, an institution of higher learning in Johannesburg, South
Africa, that offers scholarships for economically disadvantaged students. I can personally attest to
the validity of CIDA, which I visited during a trip to Africa this past May.
The DEF already has donated
nearly $10 million to the school and is looking to do more.
Both individuals and
businesses can donate to the DEF.
To learn more, visit DiamondEmpowerment.org.
— Star of Africa. Last month, the Royal Asscher Diamond Co. held an
event to launch “Star of Africa,” its new charity program focused on helping
the people
Civil war once raged in this
nation, noted for being the center of the trade in blood diamonds (it was, in
fact, the setting for the 2006 film Blood Diamond).
Today, civil war has left the
country rife with poverty, but Royal Asscher, a diamond company with a history
dating back to 1854, wants to help change that.
The goal of Star of Africa is
to raise money to work with various charities to help the people of Sierra
Leone rebuild the cornerstones of their society: health care, education,
economic stability and societal relationships.
The first stage of the program
is a partnership with nonprofit World Vision that aims to get the children of
Sierra Leone out of the country’s diamond mines and into school.
Africa’s effort with World Vision, download the form at left and fax it to (646) 861-4975.
For more information about
Star of Africa, contact Rebecca Smith with Royal Asscher, (212) 922-1908 or
rebecca@royalasscher.com.
attended a benefit for Love Heals on Dec. 10 at Kwiat’s beautiful flagship
store in Manhattan.
But I think lack of education
is at the core of so many societal ills that you can never go wrong when you
empower people with knowledge.
The event, sponsored by Kwiat
and Gotham magazine, featured
actress Julianna Margulies (nurse Carol Hathaway for you ER fans, pictured above, fourth from left, in the black dress), who was
decked out in Kwiat diamond earrings and bracelet.
The mission of Love Heals
(officially called “Love Heals, the Alison Gertz Foundation for AIDS
Education”) is to educate young people about HIV/AIDS so they can make informed
choices as they mature.
Since
1992, New York-based Love Heals’ HIV-positive speakers and trained health
educators have reached more than 300,000 young people, parents, educators and
community leaders.
For more information, visit LoveHeals.org.
— Treatment Action Group
(TAG). The Diamond Information
Center’s Sally Morrison recently was honored by this organization for her years
of work in the fight against AIDS (congratulations again Sally!).
The group
fights for better treatments, a vaccine and a cure for AIDS.
For more information, visit TreatmentActionGroup.org.
The Latest

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

The new show will take place Jan. 23-25, 2026.


The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.

The company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.

In the recent multi-shipment seizure, CBP also found counterfeit Audemars Piguet, Moncler, and Chrome Hearts items.

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

Need a gift for the cat lover who has everything? Look no further than our latest Piece of the Week.

It purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.

The lab-grown diamond grower now offers custom engagement and fashion jewelry through its Kira Custom Lab Jewelry service.

Chandler got his start at Michelson Jewelers and has served as DCA president and CEO since 2001. He will retire at the end of the month.

The boutique is slated to open this week inside Terminal 8, offering pre-owned Rolex watches and more to international travelers.

Sponsored by Digital Monitoring Products

The special-edition egg pendant ingested in a New Zealand jewelry store was recovered after a six-day wait.

Associate Editor Natalie Francisco plays favorites with Piece of the Week, selecting a standout piece of jewelry from each month of 2025.

The “Love and Desire” campaign is inspired by the magic that follows when one’s heart leads the way, said the brand.

Two awardees will receive free tuition for an educational course at the Swiss lab, with flights and lodging included.

Berta de Pablos-Barbier will replace Alexander Lacik at the start of January, two months earlier than expected.

Sotheby’s held its first two jewelry sales at the Breuer building last week, and they totaled nearly $44 million.

Winners will receive free registration and lodging for its fourth annual event in Detroit.




















