June 2017

Squirrel Spotting: You Don’t Need To Outrun the Bear

You just need to outrun the other jewelers who haven’t adapted their businesses, Peter Smith writes. When we find ourselves in the middle of challenging days, we would do well to remember the story of... read more..

Socially Engineered Shipping Scheme Hits Jewelry Industry

The perpetrators are mining information from company websites and Facebook in order to appear legitimate when placing fraudulent orders for high-end items, the JSA warns.New York--A group of perpetrat... read more..

Pallinghurst Gets Go-Ahead in its Bid for Gemfields

Pallinghurst Resources Ltd. announced Monday that it has received the shareholder support needed to move ahead with its bid to fully acquire Gemfields.London--Pallinghurst Resources Ltd. announced Mon... read more..

Retail Job Losses Called the ‘Next Big Political Problem’

Meet the Press tackled the issue Sunday, as did The New York Times with a spotlight on the Western Pennsylvania city of Johnstown.New York--Two major media outlets addressed the issue of retail job lo... read more..

Nelson Coleman Jewelers Takes Home Maryland Business Award

The sixth generation-owned store was named the U.S. Small Business Administration’s 2017 Maryland Family Owned Small Business of the Year.Woodlawn, Maryland--A jewelry store in Maryland has been recog... read more..

Todd Reed Moves into Australia

The jewelry brand is now present in e.g.etal Gallery in Melbourne, marking its first sales outlet in the country.Boulder, Co.--Todd Reed jewelry has moved into a new market: Australia. The brand is no... read more..

50 Jewelers/50 States: Kentucky

Fourth generation jeweler Ashley Davis Sigman of Louisville’s Davis Jewelers hasn’t let go of old-school customer service values in a modern world. Louisville, Ky.--In 50 Jewelers/50 States, National ... read more..

GIA Selling Mounted Gem Testing Device at a Discount

The iD100, which is used to identify lab-grown diamonds even when they’re set in jewelry, is available for $3,995--for now.Hong Kong--The Gemological Institute of America’s new testing device that can... read more..

Al Capone’s Diamond Pocket Watch Sells for $84K

It more than tripled its pre-sale estimate at RR Auction’s “Gangsters, Outlaws and Lawmen” sale, while a ring Clyde gave to Bonnie sold for $25,000.Boston--A diamond and platinum pocket watch once own... read more..

Longtime Royal Chain Sales Rep Dies at 68

Rick Wolf, who was with the company for more than 11 years, died unexpectedly June 6 of natural causes. New York--Longtime Royal Chain sales representative Rick Wolf died unexpectedly June 6 of natura... read more..

What You Might Have Missed

These were the five most-read stories on National Jeweler last week, according to Google Analytics.New York--These were the five most-read stories on National Jeweler last week, according to Google An... read more..

An Out-of-This-World Jewelry Trend

Futuristic jewels that transcend simple star and moon motifs indicate a generation’s renewed fascination with outer space. New York--In a case of life inspiring art, contemporary space exploration is ... read more..

Etsy Has Cut Nearly a Quarter of Its Workforce This Year

The online retailer of mostly handcrafted things faces increasing competition from the Handmade section of Amazon.com.Brooklyn, N.Y.--Online retailer of mostly handmade things Etsy announced Wednesday... read more..

Discover Exec Appointed to Signet’s Board

Discover Financial Services CFO R. Mark Graf joins the retailer as longtime board member Dale W. Hilpert retires.Akron, Ohio--The chief financial officer of Discover has been tapped to join Signet Jew... read more..

Dominion to Offer CanadaMark Diamonds Direct to Consumers

The company has signed a deal to make JamesAllen.com the exclusive online retailer of CanadaMark diamonds and to take them directly from mine to market. New York--Online retailer JamesAllen.com and Do... read more..

Piece of the Week: Buddha Mama’s Lantern Box Ring

Symbols, enamel and a major blue zircon contribute to the maximalist drama of this Buddha Mama ring.All of the elements that make a Buddha Mama piece so distinctive are represented in this Piece of th... read more..

Report: Luxury Continues to Underperform in the US

Though sales of luxury goods are expected to grow globally, the U.S. market is grappling with ongoing political uncertainty and struggling department stores, Bain & Co. said.Milan--The luxury mark... read more..

Jackie O’s Tank Watch Sells for $379K

A present from her brother-in-law, Jacqueline Kennedy Onassis wore the engraved 18-karat gold Cartier timepiece for decades.New York--The Jacqueline Kennedy Onassis Cartier Tank watch sold for $379,50... read more..

De Beers’ Sales Remain Below Last Year

The diamond miner and marketer sold $530 million in rough diamonds in its fifth sales cycle of the year, down 6 percent when compared with the same period last year.Gaborone, Botswana--De Beers report... read more..

Jewelers for Children Partners with Thinkspace

Retailers who utilize the Thinkspace website platform will be able to easily promote JFC to their customers. New York--Retailers now will have an easier time supporting Jewelers for Children through t... read more..

Harry Winston Pays $5.5M for the Rockefeller Emerald

The 18-carat gemstone set a new world record--the highest price per carat for an emerald sold at auction.New York--Christie’s set a world record Tuesday with its sale of the Rockefeller Emerald, rakin... read more..

50 Jewelers/50 States: Kansas

R. Westphal Jewelers’ reputation for completing all custom work and repairs on-site draws in customers from all over. Hutchinson, Kansas--In 50 Jewelers/50 States, National Jeweler interviews one reta... read more..

Amanda’s Style File: Fun and Fictional Animal Kingdom

Why let Starbucks have all the social media fun with the Unicorn Frappuccino? Here are 11 pieces of animal jewelry perfect for sharing. The Unicorn Frappuccino sent people flooding into Starbucks sim... read more..

TrueFacet Names Andrew Block President

The longtime Tourneau executive joins the online pre-owned marketplace, effective immediately.New York--TrueFacet, the online marketplace that deals in pre-owned watches and jewelry, has created a new... read more..

Register Now for the GIA Career Fair in NYC

It will take place July 24 at the Javits Center at the same time as the JA New York Summer show.New York--Job-seekers and recruiters can now register online for the Gemological Institute of America’s ... read more..

The Nominees for The WJA Awards Have Been Revealed

National Jeweler’s Senior Editor, Brecken Branstrator, is up for an award in the Media Excellence category.Poughkeepsie, NY--Across nine categories, 33 individuals have a chance of nabbing a Women’s J... read more..

Ask the Watch Guy: You vs. the Internet

Offering after-sales service is where it’s at for brick-and-mortar retailers looking to compete with online watch sellers, Jess Gendron writes.I have mentioned sales tactics in previous articles about... read more..

The ‘Monster’ Looking to Disrupt Man-Made Diamond Marketing

Through “Lovemonster,” Amish Shah wants to change the conversation the industry is having with consumers about lab-grown diamonds.Last year, the Riam Group, a company that has been in the mined diamon... read more..

Gem Researcher Thomas Hainschwang Receives $10K Grant

The grant from the Accredited Gemologists Association will help fund his cutting-edge work on origin of color in diamonds. San Diego--The Accredited Gemologists Association has awarded Thomas Hainschw... read more..

50 Jewelers/50 States: Iowa

Christopher’s Fine Jewelry in Des Moines is setting sales records through its dedication to the basics, like writing thank-you notes. Des Moines, IA--In 50 Jewelers/50 States, National Jeweler intervi... read more..
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Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.