IndependentsMay 01, 2024
Harwell Godfrey Opens First StoreIt is located in Marin County, California.
CrimeMar 07, 2016
Jewelry Crime Drops Again, Falling 15% in 2015
The Jewelers’ Security Alliance’s annual report for 2015 shows that the total number of crimes against the industry decreased from 1,381 in 2014 to 1,177 last year.
New York--The number of crimes committed against the jewelry industry continued its steady decline in 2015.
According to the annual crime report compiled by the Jewelers’ Security Alliance, the number of crimes against the industry decreased from 1,381 in 2014 to 1,177 in 2015, a nearly 15 percent drop.
Two jewelers lost their lives during crimes against jewelry firms in 2015, compared to three in 2014. The number of jewelers who were victims of non-fatal shots dropped from 15 to three.
Total dollar losses also were down, declining from $77.8 million in 2014 to $69.3 million in 2015, an 11 percent decline. When adjusted for inflation, JSA data shows that dollar losses have dropped 63 percent since 1998 and 23 percent in the last five years.
The 2015 report, which was released late Friday, cited information sharing and “excellent” police work as the two factors that continued to drive down the crime rate.
In 2015, police arrested members of two large smash-and-grab robbery rings, one that operated out of Detroit and one that was based in Oakland, Calif. The arrests of some of the individuals linked to the Oakland robbery crew happened after the FBI received a tip to check photo-sharing social media site Instagram for “incriminating” photos.
These two rings contributed to an “explosion” in the number of smash-and-grabs in 2014, according to the JSA. After they were taken out of commission, the number of smash-and-grab robberies dropped by exactly half, from 48 in the first six months of 2015 to 24 in the second.
The FBI and major law enforcement agencies also arrested a major rooftop burglary gang, which cut incidences of this type of crime from 36 in 2014 to 19 in 2015.
“While the diamond, jewelry and watch industry is still a dangerous business, nevertheless, the long term trend in jewelry crime is still firmly down,” JSA President John J. Kennedy said in the news release accompanying the report. “The significant decline that JSA has seen in crime is due to the greater sharing of crime information within the industry and with law enforcement, and from the terrific cooperation that the industry receives from the FBI and local law enforcement agencies.”
To view the full report, visit JewelersSecurity.org.
National Jeweler will follow up with a more in-depth look at the JSA’s 2015 statistics later this week.
Editors' Picks
Sponsored by
More on Crime
The Latest
SurveysMay 01, 2024
Consumer Confidence Falls in AprilConcerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
TrendsMay 01, 2024
Amanda’s Style File: All Eyes on EmeraldsMay’s birthstone is beloved for its rich green hue and its versatility.
Brought to you by
Rio’s Reimagined Podcast: For the Love of JewelersMeet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
SourcingMay 01, 2024
Opsydia Names New Sales and Marketing Director Jacqui Larsson joins Opsydia with nearly two decades of experience in the industry.
Weekly QuizApr 26, 2024
This Week’s QuizTest your jewelry news knowledge by answering these seven questions.
CollectionsApr 30, 2024
12 Otherworldly Pieces From Tiffany & Co.’s 2024 Blue BookThe “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.
MajorsApr 30, 2024
Zales Celebrates 100 Years With New CampaignThe brand also created a 100-carat lab-grown diamond necklace in honor of its centennial.
Brought to you by
The Blueprint for Success in Scalable, Personalized Jewelry RetailWith Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
MajorsApr 30, 2024
Platinum Guild International Appoints New CEOTim Schlick has been promoted from his previous position as COO.
Events & AwardsApr 30, 2024
Canadian Jewellers Association Brings Back the Summit It’s the second year for the event, slated to take place in October in Toronto.
Recorded WebinarsApr 29, 2024
Watch: Diamond Identification and Evaluation - How to Protect your BusinessSupplier Spotlight Sponsored by GIA
SourcingApr 29, 2024
De Beers to Move Auction HQ from Singapore to BotswanaSales will be paused while the relocation takes place over the next few months.
CollectionsApr 29, 2024
Simone I. Smith Mixes Denim and Diamonds in New Collection“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.
IndependentsApr 29, 2024
Venus Jewelers Relocating After 45 YearsThe retailer is moving to a newly designed space in the same shopping center.
SurveysApr 29, 2024
Mother’s Day Jewelry Spending to Reach $7B, Says NRFGifts that are unique and thoughtful are top of mind this year, according to the annual survey.
CollectionsApr 26, 2024
Piece of the Week: Jacquie Aiche’s Starry Galaxy NecklaceThe necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
Events & AwardsApr 26, 2024
AGS Conclave and GIA Symposium Are ConvergingThe two organizations will host a joint event, “Converge,” in September 2025.
SourcingApr 26, 2024
Anglo American Reportedly Shopping De Beers as BHP Eyes Anglo Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
Events & AwardsApr 25, 2024
Alexis Padis Takes Over as AGS Board President Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
EditorsApr 25, 2024
5 Tips for Creating Fans from the Top (Savannah) Banana Jesse Cole, founder of Fans First Entertainment, shared the “five Es” of building a fan base during his AGS Conclave keynote.
WatchesApr 25, 2024
Audemars Piguet and John Mayer Partner on Limited Edition WatchThe Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
SourcingApr 25, 2024
De Beers Lowers Production Guidance for 2024The announcement came as the company reported a 23 percent drop in production in Q1.
MajorsApr 25, 2024
Detroit Lions’ QB Jared Goff Keeps Going to JaredThe three-time Pro Bowler continues to partner with the retailer, donating to a Detroit nonprofit and giving watches to fans.
CollectionsApr 24, 2024
Pippa Small Announces ‘Venus’ CollectionInspired by the Roman goddess of love, the designer looked to the sea for her new collection.
FinancialsApr 24, 2024
Kering’s Jewelry Brands a Bright Spot in Tough Q1The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
Events & AwardsApr 24, 2024
JCK Industry Fund Announces 2024 Grant RecipientsThe selected nine organizations have outlined their plans for the funds.
SourcingApr 24, 2024
Rio Tinto’s Q1 Production Drops Amid Pause to Honor Lost Colleagues The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
