National Jeweler Network

Market Developments


Alex and Ani names new president

Harlan Kent is the former CEO of Yankee Candle and also held positions at C. Wonder and the Campbell Soup Company.


Pac Team opens first US factory

Located in Chicago, the Swiss company’s new facility will help its North American customers with a need for custom projects and on-site support as well as those working on short timelines.


Target unveils one-year return policy for select items

Target Corp. is launching an extended return policy for certain store-branded items to increase the focus on its own brands and increase consumer ease, the retailer said.


Forevermark launches e-commerce, financing programs

At its 2015 Forevermark Forum, the De Beers diamond brand revealed two new programs designed to help its retail partners retain relationships with online shoppers and build up their diamond inventory.


Assets of jewelry distributor to be sold

 A sale is set for equipment and other assets from defunct jewelry company Lia Sophia’s Ontario distribution center as well its headquarters and facility in Illinois.


Target cuts 3,100 jobs

Target Corp. is laying off 1,700 employees and letting 1,400 positions go unfilled as it restructures to focus on digital, smaller-format stores and personalization.


Swatch to contest ruling in Tiffany case

The Swatch Group said it will appeal the Dutch court decision that voided the $449 million in damages Tiffany & Co. paid over the companies’ failed partnership.


H. Stern opens pop-up while flagship is closed

Brazilian jewelry brand H. Stern has opened a temporary boutique in New York’s SoHo neighborhood as its Fifth Avenue flagship store remains closed for renovations.


Tiffany releases TV ad with same-sex couple

The retailer’s “Will You?” campaign was designed to take a “modern look” at love. Now, the public can see the TV ad component of the campaign.  

02/13/15 is back in business

After purchasing's intellectual property, a team that includes the former CEO's daughter is giving the auction site a second try. 


Pandora Americas lays off 70

The division, which covers the U.S., Canada and Latin America, has restructured its field organization and laid off 70 people from its visual merchandising team.


At Centurion, Prestige introduces its new bridal

Prestige Jewelry International has debuted its Marchesa bridal line exclusive to Macy’s, pieces with a bit of a vintage feel set in 18-karat gold.


Gender bias case against Sterling moves forward

An arbitrator has issued a mixed ruling in the ongoing gender discrimination case against Kay and Jared parent company Sterling Jewelers.


JFC event to honor Pandora, De Beers CEOs

Philippe Mellier and Scott Burger, the CEOs of two prominent companies, will serve as Jewelers for Children’s guests of honor at its Facets of Hope event in Las Vegas this May. 


Scott Kay to make QVC debut on Super Bowl Sunday

The Scott Kay brand will make its QVC debut hours before the big game, with Tiffany Kay stepping into the shoes of her late father to present the collection live on air.


Le Vian launches an accessories line

The brand unveiled its new handbags, scarves and shoes in a middle-of-the-aisle fashion show held Sunday at Vicenzaoro. 


Tiffany hires former Saks executive

Tiffany & Co. announced that it has appointed Jennifer de Winter to the role of senior vice president, Northern America, effective March 1. 


JVC honors Signet executive

The Jewelers Vigilance Committee presented the 2015 Stanley Schechter Award to David Bouffard, the vice president of corporate affairs for Signet Jewelers Ltd.  


Target to close all stores in Canada

Target announced Thursday that it will discontinue the operations of the 133 stores it has opened in Canada and refocus on growing its U.S. business. 


Circa brings founder back as president

Circa, a New York-based buyer of fine jewelry and watches, has announced that founder Richard Tilles is returning to the company as the new president of its Core division.  


Tiffany uses same-sex couple in ad. Who'll follow?

Tiffany & Co. is set to debut its first advertisement featuring a gay couple this spring, part of the venerable 178-year-old retailer’s take on modern love.  


Misahara makes push into American market

A new high-end jewelry line has joined the stretch of tony brands located along Fifth Avenue in Manhattan.  


Pandora continues with concept expansion

Pandora announced Monday that it is aiming to acquire as many as 78 store leases in Germany and convert them all into company-owned and -operated concept stores.  


Jared brings back 12 days of holiday giving

Jared the Galleria of Jewelry is getting into the holiday spirit with the return of its 12-day jewelry giveaway on Facebook, playing off the well-known holiday tune with a descending amount of winners each day.  


Undaunted by deception, Borsheims keeps giving

The Omaha retailer said it still believes in the “goodness of people” even after it came to light that a woman the jeweler rushed to help might have been dishonest.  


Former Signet CEO lands at boutique retailer

 Mike Barnes has been named as chairman, president and CEO of Dallas-based specialty retail chain Francesca’s, effective immediately.


Appointments: Movado hires for ‘wearable devices’

In a move that shows the increasing importance and relevancy of wearable tech in the industry, Movado Group has hired Jo An Lawson, a former Apple employee, as its general manager of wearable devices.


Hearts on Fire enters mainland China

Designed to tap into the Chinese market’s growing demand for gem-set jewelry, Hearts on Fire will open its first store on mainland China when it debuts its Shanghai location this month.


Private equity firm takes big stake in Daniel’s

Palladium Equity Partners LLC, a New York-based private equity firm, has made a majority investment in 73-store California chain Daniel’s Jewelers. 


Which retailers will be open on Thanksgiving Day?

Though turkey day is becoming increasingly popular for shopping, the backlash from employees who miss family time has caused some stores to take a stand against it. Specialty jeweler Rogers & Hollands is one of them. 


Coffee talk: Retailer responds to Starbucks ring ban

California retailer Robbins Brothers is using the hashtag #MakeLoveNotCoffee on Facebook and Instagram to engage the public in conversation about Starbucks’ new jewelry rules for baristas.


Appointments: Former Citizen CEO to head Circa

 Pre-owned jewelry, diamond and watch buyer Circa has appointed Laurence Grunstein as its CEO, effective immediately.


Effy opening its own stores on cruise ships

 Effy is teaming up with Princess Cruises to give the jewelry brand a new presence on three of the company’s ships.  


Struggling Sears could close more than 100 stores

Sears Holdings Corp. is slated to close more than 110 Sears and Kmart stores around the country, many before the holiday season, according to one report


New ads for Piaget highlight life’s ‘perfection’

Piaget has launched a new global advertising campaign that is designed to invite consumers to experience the brand’s watches and jewelry in inspiring locations around the world.


Report: Japanese co. introduces diamond ‘smartring’

One Tokyo-based company has just upped the ante on wearable technology, introducing a diamond ring outfitted with near-field communication capabilities. See how it works in this video from Core Jewels.


For Signet CEO, the decision to leave was personal

While Mike Barnes’s decision to step down after less than four years seems sudden, it’s not shocking that he wants to relocate to be closer to family. 


Yoko London’s modern pearl pieces move to Bergdorf

Yoko London is expanding in the United States, a market that CEO Michael Hakimian said is rapidly becoming the brand’s best. 


JA names 2015 Lifetime Achievement award recipient

Jewelers of America will honor Larry Pelzel, vice president and divisional merchandise manager of precious jewels at Neiman Marcus, with its Gem Award for Lifetime Achievement at the 13th annual Gem Awards in January.


Reeds adds private label program

Retail chain Reeds Jewelers now is offering its customers a private label credit card program through a multi-year agreement inked with Synchrony Financial, formerly GE Capital Retail Finance.  


Signet CEO Barnes resigns, replaced by Mark Light

Signet Jewelers Ltd. announced early Tuesday that CEO Mike Barnes has stepped down, citing his “personal desire” to find a job closer to his home and family in Dallas.  


Latest breach underscores need for cyber security

In the wake of the news that another major retailer saw its customers’ credit card numbers fall into the hands of hackers, National Jeweler offers six tips for preventing a data breach.  


JC Penney taps Home Depot executive as new CEO

J.C. Penney Co. Inc.’s board of directors announced Monday the appointment of Marvin Ellison to president and CEO-designee, effective Nov. 1. 


Amazon opening brick-and-mortar site, report says

Citing “people familiar with the plans,” The Wall Street Journal reported Thursday that Inc. is opening a facility in Manhattan that will be a place for customers to return and exchange merchandise and pick up their orders.   


And the best brands in the world are...

What are the most recognizable and revered brands around the globe? Cartier and Tiffany are two of them. 


Fine jewelry part of JCP’s turnaround strategy

The fine jewelry section of its stores is one area J.C. Penney, which just gave its Modern Bride line a makeover, expects to contribute to growth over the next couple years. 


Luxury jewelry experience lands in Christmas Book

One of the “Fantasy Gifts” in the Neiman Marcus Christmas Book this year is a custom-made locket designed in collaboration with Monica Rich Kosann, a present with a $100,000 price tag attached.


Holiday hiring: Will majors up part-time staffing?

The answer, in short, is yes. Holiday retail hiring has improved every year since 2008 and it seems that trend will continue this year, with major retailers planning to hire either the same amount or more seasonal employees than last year.


Sears Canada CEO resigns citing family issues

Sears Canada announced that after just a year on the job, CEO Doug Campbell will step down from the position by the end of the year. 


Nordstrom becomes latest to enter Canadian market

Nordstrom officially has opened its first international store, a 140,000-square-foot location in Calgary, Alberta, joining a number of other retailers who have expanded into Canada over the past year. 


James Avery gains presence in department store

Family-owned retail store James Avery Jewelry has announced a partnership with Dillard’s to sell its jewelry in a number of the chain’s locations across the country. 


Analysts speculate the end is near for Sears

A $400 million lifeline from its CEO and growing losses have analysts questioning if Sears might be the next big brick-and-mortar retailer to fall.  


Industry think tank group created in Italy

A number of well-known players in the industry have formed an international think tank designed to provide the broadest view of the challenges the industry faces, as well as strategies for dealing with them. 


Antwerp Diamond Bank to shut down

Yet another bank seems set to exit the jewelry industry, as KBC said Friday that the sale of the Antwerp Diamond Bank to Yinren Group has fallen through and it will, according to its agreement with the European Commission, wind down the bank’s activities. 


Ex-Cartier exec fires back in trade secrets case

A former Cartier advertising executive being sued for attempted digital theft of trade secrets is asking a federal judge to dismiss the case on grounds that she was permitted to access the data in question and never obtained it anyway. 


A new ad campaign launches for De Beers’ stores

Romanian model Andreea Diaconu is the face of De Beers Diamond Jewellers’ new advertising campaign, which will launch next month alongside the brand’s Aria collection. 


Sarine recognizes Kiran for manufacturing

Diamond manufacturer Kiran Gems has been recognized as the “Fastest Growing Company” by Sarine Technologies, and also nabbed five other awards from the company. 


JCP aims to snag the well-heeled modern bride

J.C. Penney is elevating its line of Modern Bride-branded engagement rings, offering finished pieces as expensive as $10,000 and also now selling loose diamonds on its website for custom creations. 


Harry Winston in a high-end state of mind

Harry Winston is unveiling a new advertising campaign featuring both newer and iconic pieces from its high jewelry and bridal collections, all set against the backdrop of the Big Apple. 


Appointments: GIA, Tiffany, Kassoy, more

A newly created position at the GIA, a brand ambassador for Jewelers Unblocked and a just-appointed executive vice president at Tiffany & Co. are among the recent career moves in the industry.   


David Yurman’s legal row with Sam’s Club could grow

David Yurman has filed a federal lawsuit accusing Sam’s Club of selling its jewelry without authorization and it might take legal action against the retailers that provided the jewelry to Sam’s Club as well, the company said Tuesday. 


Amazon moves in-store with POS program

Amazon is carving out its own space in the brick-and-mortar world with the introduction of a new point-of-sale solution for retailers that accepts credit or debit cards through a smartphone or tablet. 


Pandora names another new CEO

Danish jewelry brand Pandora announced Thursday that CEO Allan Leighton will step down in March 2015 and be replaced by tobacco company executive Anders Colding Friis. 


Appointments: PDE, GJEPC, Scott Kay

The Panama Diamond Exchange has named Hecliton Santini Henriques, president of Instituto Brasileiro de Gemas e Metais Preciosos (IBGM), and Dr. Luciano Pataro, founder and director of Gold America S.A., as directors of the organization. 


On-air retailer brings back TGIF, with a social spin

From 8 to 10 on Friday nights, Jewelry Television now is doing what it terms “Girlfriend Friday,” a show not exclusively limited to selling jewels.


Kay Jewelers adds another exclusive brand

The chain that has had much success selling Jane Seymour- and Neil Lane-endorsed lines of jewelry is partnering with actress Sofia Vergara, of Modern Family fame, for its latest exclusive line. 


Appointments: Pandora, Scott Kay, PDE

Two C-level hires at Scott Kay, a new chief financial officer at Pandora and additions to the Panama Diamond Exchange’s board of directors are among the recent career advancements in the industry. 


Pandora: Sales in the Northeast US are lagging

To combat what it says are sluggish sales in the Northeast, Pandora said it will “refresh the network,” starting with the purchase of the Pandora stores owned and operated by Hannoush Jewelers. 


Birks CFO won’t relocate, opts to leave company

A recent Securities and Exchange Commission filing by Birks Group Inc. shows that Executive Vice President and Chief Financial Officer Michael Rabinovitch, who has been with the retailer since August 2005, will leave the company in October.  


Alliance to manage Mayors’ private label program

Mayors, the chain of stores in Florida and Georgia that’s under the Birks Group Inc. umbrella, just inked a multi-year private label credit card agreement with Alliance Data Systems.  


'What Not To Wear' host turns to weddings

Macy’s is launching a new campaign with Clinton Kelly, one of the hosts of TLC’s reality show What Not To Wear, on which he assisted guests deemed in need of a makeover, to lend his expertise and provide resources for brides-to-be. 


J.C. Penney expands into Brooklyn, adds new features

In a sign of continued confidence for the company’s turnaround, J.C. Penney announced Tuesday that it would open its first Brooklyn store ever, revamping the fine jewelry and watch departments while it adds other unique features. 


What the fastest-growing retailers have in common

New products, innovative thinking and one-of-a-kind customer experiences are three traits the country’s fastest-growing retailers all share, Stores magazine’s annual list of “Hot” retailers shows.


Target names Pepsi executive as new CEO

Target Inc. announced Thursday morning that Brian Cornell, who most recently headed the global food business for PepsiCo, will be its new CEO and chairman of the board, effective Aug. 12.


Luxury goods conglomerate snaps up Ulysse Nardin

Kering, which already owns Boucheron and Girard-Perregaux, has added another name to its jewelry and watch stable: Ulysse Nardin, a 168-year-old independent watch brand.  


Nordstrom opens new Rack stores on both coasts

New York and California are the latest locations for Nordstrom’s continued focus on its Rack off-price segment, with the retailer opening one in Laguna Niguel, Calif. and another in Staten Island, N.Y. 


Amazon now selling 3-D printed products

Amazon has entered the 3-D printing arena with the launch of its “3D Printed Products” store, a marketplace that gives shoppers access to more than 200 unique, customizable print on-demand products, including jewelry.


Walmart’s US CEO stepping down

Walmart announced Thursday that Greg Foran will be the new president and CEO of Walmart U.S. effective Aug. 9 replacing Bill Simon who is “transitioning out of the company.”


Alex and Ani’s fraud suit allowed to proceed

A federal judge has ruled that a case of “bungled bangle banditry,” in which jewelry brand Alex and Ani is suing BJ’s Wholesale Club and a group of distributors, can move forward.  


Tiffany CEO Mike Kowalski to retire next year

Tiffany & Co. announced Monday that longtime leader Michael Kowalski, who joined the company 31 years ago and has been CEO since 1999, will retire in March 2015. 


Harry Winston’s son loses bid to use Winston name

The son of famed diamantaire Harry Winston has lost a 13-year-long court battle to register the name Bruce Winston as a trademark for his own line of high-end jewelry, court papers show.  


Appointments: New watches, jewelry head at Sotheby’s

Daryl Wickstrom is now the international managing director of the worldwide jewelry and watch divisions at Sotheby’s, where he will work with the auction house’s specialist teams to expand activity and grow sales in these departments. 


Major chain begins selling 3-D printers

The Home Depot has started carrying MakerBot desktop 3-D printers at 12 of its stores across California, Illinois, and New York as part of a new pilot program. 


Cartier sues former exec for trade secret theft

Cartier has filed a lawsuit against its former director of off-line advertising, claiming she asked a co-worker to download confidential information about advertising plans and then tried to entice that same employee to follow her to competitor Tiffany & Co. 


Nordstrom closes full-line store, continues Rack push

Nordstrom Inc. announced Thursday that it will close its underperforming full-line store in Orlando when the lease runs out next month, as the company’s focus remains on its Rack off-price division. 


Appointments: Bill Brand named HSN president

Bill Brand has been appointed president of HSN, effective immediately, and also will retain his roles as chief marketing officer and executive officer at HSNi.


Alex and Ani named a ‘brand to watch’

Fast-growing jewelry company Alex and Ani has been included in Brand Innovators’ “Made in America: Top 10 Brands to Watch,” a list that spotlights businesses that have established themselves in a demanding consumer marketplace.


Amazon now among top 10 largest retailers in US has grown to become one of the top 10 largest retailers in the country, according to Stores Media’s annual list of the biggest 100 retailers by sales. Read on to find out what specialty jeweler made the list for the first time.


CIBJO announces dates, location for 2015 Congress

CIBJO, the World Jewellery Confederation, will hold its 2015 annual congress in Salvador, Brazil from May 4 to 6, with pre-congress meetings to take place the two days prior. 


Zale CEO resigns in post-merger shakeup

Zale President and CEO Theo Killion has resigned from his position effective July 31, one of a number of changes to Signet and Zale's executive teams in the wake of the merger of the two mall giants. 


Appointments: Sterling, Macy’s, RJC

Sterling Jewelers Inc. has announced a new hire as well as the promotions of two existing employees.  


Coach to focus on retail outlet division

As it struggles to compete with fast-growing rivals, Coach Inc. will close a number of full-line stores next year and revamp the brand’s outlet business, the company said during its recent analyst and investor day. 


Chopard saying little about US CEO’s departure

Chopard confirmed that Marc Hruschka, who has served as president and CEO of Chopard USA Ltd. since 2006, has left the company but did not provide further information on its search for a successor or who will be leading the U.S. business in the meantime.


ShopHQ CEO resigns, replaced by former HSN CEO

ValueVision Media, the parent company of ShopHQ (formerly ShopNBC), named Mark Bozek as its new CEO, effective immediately. He succeeds Keith Stewart, who resigned as CEO and as a director of the company.  


Hearts on Fire sale shows the importance of brands

The proposed $150 million sale of Hearts on Fire to Chinese retailer and manufacturer Chow Tai Fook underscores what many believe is the future of retail: It will be all about the brands.  


Chow Tai Fook to acquire Hearts on Fire for $150M

Chow Tai Fook Jewellery Group Ltd. announced Wednesday that it plans to buy Boston-based Hearts on Fire for $150 million, giving Hearts on Fire a foothold in the Chinese market and the Hong Kong-based retailer and manufacturer an exclusive, premium diamond brand.  


Appointments: Fabergé creative director steps down

July will mark Katharina Flohr’s final month as the managing and creative director of Fabergé.


For customers, retailer partners with Paparazzi

Robbins Brothers is teaming up with Paparazzi Proposals, a company that specializes in planning and surreptitiously photographing proposals, to offer its customers the chance to plan and document the act of popping the question from start to finish.


WJA announces 2014 Hall of Fame honorees

The Women’s Jewelry Association will honor the American Gem Society’s Ruth Batson, David Bonaparte of Jewelers of America and the Richline Group at its 2014 Awards for Excellence gala.  


Jewelry chain to accept Bitcoin for payment

Reeds Jewelers is the latest in a number of big retailers who will allow customers to pay for goods via the digital currency bitcoin. 


In NYC, Buccellati opening its biggest store yet

Italian jewelry brand Buccellati will introduce a new store concept when it moves to different location in New York City this fall, taking over the space recently vacated by Mauboussin. 


Mauboussin closes store, appoints new CEO in US

French brand Mauboussin has shuttered the Madison Avenue boutique it opened in 2008 and appointed new leadership for the North American market, with plans to open in a smaller space in New York later this year.


Zale shareholders approve merger with Signet

The country’s two biggest specialty jewelers now are one. After weeks of defending the deal, Zale Corp. notched a huge victory Thursday when its shareholders voted in favor of combining the retailer with rival Signet Jewelers Ltd.


Appointments: Arnold’s new role, bourse elections

The former CEO of bridal jewelry company Lieberfarb is now working as an executive at Buyers Intelligence Group, the merchandising consulting firm started in 2000 by Abe Sherman.


Signet closes $400M offering to help fund Zale buy

Signet Jewelers Ltd. announced Monday that its finance arm has completed an offering of $400 million in senior notes and will use the proceeds to help fund its proposed acquisition of Zale Corp.


Zale ‘sets the record straight’ on Signet deal

TIG Advisors LLC are “short-term opportunists” who are spreading inaccurate information about the proposed Signet-Zale merger and misrepresenting the facts, Zale Corp. has said in a letter designed to “set the record straight” regarding the deal.


Zale in tug of war with TIG over Signet merger

Zale Corp. is locked in a back-and-forth battle with TIG Advisors, which again urged the company’s shareholders to vote against the proposed acquisition of Zale by rival Signet Jewelers Ltd.   


EEOC appeals ruling in Sterling Jewelers case

The Equal Employment Opportunity Commission is appealing a federal judge’s dismissal of its lawsuit charging Sterling Jewelers Inc. with nationwide gender discrimination, alleging the chain paid female employees less and passed them over for promotions.


Following strong Q1, Pandora raises guidance

Pandora experienced a 30 percent jump in sales in the first quarter and is continuing to shift its focus away from independent retailers as it opens more and more concept stores.  


Chopard enters hotel business in Paris

Chopard announced Friday that it has purchased Union Hôtelière Parisienne, the company that owns the luxury five-star Hôtel de Vendôme in Paris.


Amazon adds Sunday delivery in 15 more cities

Amazon Inc. announced Thursday that it has expanded its Sunday delivery, which is done through the U.S. Postal Service, beyond Los Angeles and New York to a number of new markets. 


Tiffany’s flagship on Champs-Elysees opens

Tiffany & Co. has opened its flagship store on Champs-Élysées, the Parisian avenue known worldwide for its high-end shopping.


Yurman enters new territory with Minnesota boutique

Jewelry brand David Yurman opened a new store in Edina, Minn. on Tuesday, the company’s first boutique in the Midwest state known as the Land of 10,000 Lakes. 


Appointments: Jude Frances, Sterling, Movado Group

A new president at Jude Frances jewelry and appointments at Sterling Jewelers and the Movado Group are among the recent career moves in the jewelry industry. 


Kering creates fine jewelry, watch division

As part of its continued emphasis on high-end brands, luxury goods conglomerate Kering has announced that it is reorganizing and giving fine jewelry and watches its own division. 


Nordstrom remains focused on Rack with 2 new stores

Orem, Utah and Albuquerque are the latest markets where Nordstrom is opening Rack stores, as the retailer continues concentrating on its off-price division. 


Target CEO, chairman resigns

Gregg Steinhafel has stepped down as CEO and chairman of the board at Target Corp., the latest fallout from the massive cyber attack that continues to plague the retailer. 


Marchesa launching fine jewelry line at Macy’s

This holiday season, Macy’s will begin selling both bridal and fashion Marchesa jewelry with the majority of pieces to be priced between $5,000 and $10,000. 


Kay releases Derby-themed jewels ahead of race

Kay Jewelers has launched a Kentucky Derby-themed collection of charms and bracelets to commemorate the race, which is scheduled to take place this weekend at Churchill Downs in Louisville. 


Nordstrom relocates full-line store, adds 2 Racks

Over the past few weeks, Nordstrom has made a number of announcements regarding new locations for both full-line stores as well as its off-price division, Nordstrom Rack. 


Another chain taps into the LGBT wedding market

Rogers & Hollands has added bridal jewelry designed for the lesbian, gay, bisexual and transgender, or LGBT, community to the inventory of two Chicago-area stores. 


Date set for shareholder vote on Signet-Zale deal

Zale Corp. announced late Thursday that its shareholders will vote on the company’s proposed acquisition by Signet Jewelers Ltd. at a special meeting scheduled for May 29. 


When it comes to reputation, Rolex takes the crown

Consumers rank Rolex as one of the most reputable companies in the world, placing it alongside brands such as Disney, Google and BMW, one institute’s recent study shows. 


Kohl’s aims to harness the power of ‘Yes’

Department store chain Kohl’s is embracing the philosophy of saying “yes” with a new brand campaign that launched this month. 


Sterling loses bid to protect its ‘Hearts Desire’

The Trademark Trial and Appeal Board has shot down Sterling Jewelers’ objection to the registration of a trademark the retailer claimed could cause confusion with “Hearts Desire,” a line of ideal-cut diamonds sold at Jared.  


Appointments: Tiffany’s general counsel retires

Patrick Dorsey, who has been the general counsel and secretary at Tiffany & Co. for the past 29 years, is retiring. His last day will be May 22. 


Harry Winston donates $1M to hospital

Harry Winston Inc. has made a $1 million gift to the UCLA Children’s Discovery and Innovation Institute to create the Harry Winston Fellowship Fund. 


Kay giving customers chance to tour Argyle mine

Kay Jewelers has launched a contest that gives customers the chance to win prizes from its “Shades of Wonder” colored diamond collection and a trip to Australia that would include a tour of the Argyle diamond mine. 


Signet-Zale deal cleared to proceed

The proposed merger of the country’s two largest specialty jewelers hasn’t raised any anti-trust red flags with U.S. authorities so far.


David Yurman opens new boutique in Orlando

Popular jewelry brand David Yurman opened a new boutique in Orlando, Fla. on April 3 at The Mall at Millenia. 


Neiman Marcus moves to omnichannel structure

Neiman Marcus Group Inc. announced changes on Wednesday that will merge the company’s online and store merchandising and planning teams into a single organization and create omnichannel responsibilities for them. 


Appointments: Macy’s names new president

Jeffrey Gennette, who spent the past five years as chief merchandising officer at Macy’s, has been named president of the corporation. 


Jeweler named Emerging Retailer of the Year

Kalyan Jewellers, which has stores in India and the United Arab Emirates, has been recognized with the Emerging Retailer of the Year Award from the Economic Times for “aggressively building a pan-India operations despite a slowing market.” 


Blue Nile collaborates for more designer offerings

After seeing success with its first partnership with a designer, online retailer Blue Nile will showcase a select number of established and emerging brands through its new “Designer Collective.” 


DiModolo CEO cashes in on Viber sale

A jewelry industry CEO who was a partner in the messaging application Viber has been making headlines after the app sold for $900 million, and now says he plans to pour some of that money into his jewelry brand. 


Tiffany’s longtime CFO to retire this summer

Tiffany & Co. announced Wednesday that the company’s Chief Financial Officer and Chief Operating Officer James Fernandez, who has been with the company for 30 years, will retire in July. 


Appointments: Signet Jewelers appoints treasurer

Signet Jewelers Ltd. has promoted Denise Shaffer to the newly created role of treasurer, the company announced Tuesday. 


Jacob now back at the helm of Jacob & Co.

Chris Del Gatto has resigned as global CEO of Jacob & Co. to start a jewelry buying company, leaving Jacob Arabo to head his eponymous company. 


Circa buys online seller of pre-owned luxury goods

Circa, a New York-based buyer of fine jewelry and watches, said Thursday that it has acquired, an online retailer of authenticated, previously owned luxury items including fine jewelry.  


Nordstrom takes off-price to The Last Frontier

Nordstrom announced Wednesday that it is expanding its off-price Nordstrom Rack division into Anchorage, Alaska next year. 


Seeing stripes: Swatch files suit over zebra design

Swiss watch giant Swatch Group has slapped Target with a trade dress infringement lawsuit claiming the retailer is selling watches that are inferior copies of its “zebra” and “multicolor” plastic Swatch watches.


Federal judge dismisses EEOC case vs. Sterling

A New York federal judge has thrown out the Equal Employment Opportunity Commission’s claim that Sterling Jewelers Inc. engaged in a nationwide practice of paying its female employees less and passing them over for promotions.


Retail chain Riddle’s buys Black Hills Gold co.

Retailer Riddle’s Jewelry announced that it has acquired gold manufacturer Landstrom’s wholesale and manufacturing division. 


Pandora board chairman resigning

Due to “other professional commitments,” Pandora’s Chairman of the Board Marcello Bottoli will step down as soon as a successor is found, the jewelry company announced Monday.  


Tech tidbits: MJSA, Omi Privé, more

Web site upgrades for MJSA, colored gemstone company Omi Privé and insurance company Jewelers Unblocked are among the industry players to debut new websites recently.


Buffett to again don sales hat at Borsheims

Once again, investing magnate and Berkshire Hathaway Chairman Warren Buffett will step behind the Borsheims counter to sell jewelry to shareholders of his company.


Who in jewelry is a billionaire?

The Oppenheimer family and diamantaire Laurence Graff still rank among the world’s richest while the founder of Firestar Diamond is a “new billionaire,” according to Forbes’ annual list of the world’s wealthiest people, which was released this week.


Pandora takes over Middle East distribution

Pandora will now distribute its own jewelry in the United Arab Emirates, Bahrain, Qatar and Oman after acquiring 100 percent of Pan ME A/S, the company that distributes the brand’s products there.


Effy launches bridal line at Macy’s

Jewelry brand Effy is introducing its first bridal collection and will launch the line for spring 2014 at Macy’s, selling both in store and online on Macy’s and Effy’s websites.


Appointments: Tiffany names new creative agency

Ogilvy & Mather Worldwide is now the global marketing communications partner for Tiffany & Co. and will complement the retailer’s international marketing capabilities with brand positioning and ad support.


Signet-Zale: The culmination of consolidation

National Jeweler analyzes the price tag on the $1.4 billion deal between Signet Jewelers and Zale Corp., what it means for the jewelry industry as a whole and what the real “pickup” of the acquisition is for Signet.


Signet acquiring Zale in $1.4B deal

Signet Jewelers Ltd. and Zale Corp. announced Wednesday morning that Signet, parent company of Sterling Jewelers, is acquiring Zale in a deal valued at $1.4 billion.


Signet gives CEO Barnes a long-term contract

Signet Jewelers Ltd., the largest specialty jeweler in the world, has given its CEO a long-term contract, a recent 8-K filing with the Securities and Exchange Commission shows.


As others lay off, Amazon to hire thousands

Internet retail giant announced Wednesday that it is looking to hire 2,500 new full-time employees to staff the company’s U.S. fulfillment centers. 


Appointments: Freeman’s, Fruchtman Marketing, more

Freeman’s Auctioneers has named Michael Larsen as the head of the Fine Jewelry & Watches department. 


Where in the country are hearts on fire?

San Antonio, Texas and Seattle top’s annual list of the 20 most romantic cities in the United States, an annual inventory of the metropolitan areas where residents ordered the most love-related books, movies and music over the past year.


Fred Leighton goes online with Net-a-Porter

Jewelry brand Fred Leighton is making its first move into e-commerce, selling on luxury retail website Net-a-Porter.  


Appointments: RJC searching for CEO

The Responsible Jewellery Council is on the hunt for a new CEO who will provide strategic vision and leadership for the next chapter of the organization’s development. 


In Tiffany vs. Costco, the battle’s just begun

The judge’s latest ruling in its battle with Costco likely left Tiffany feeling a little blue. But the legal battle between these two retail giants over the term “Tiffany” in relation to engagement ring settings is still in its early stages, and no one side has a clear advantage.


Target opening more stores in Canada

Target Corp. is continuing its expansion into Canada with the opening of nine more stores in five provinces over the course of 2014. 


Saks launching in Canada with Toronto stores

Hudson’s Bay Company announced Monday that Saks Fifth Avenue will officially enter the Canadian market with the opening of two stores in Toronto. 


Investment firm acquires Robbins Bros

California retailer Robbins Brothers confirmed last week that the company has been sold to private equity firm Comvest Investment Partners. 


Target laying off nearly 500 workers

Target Corp. confirmed Wednesday that it is letting 475 workers go, and news reports state it will leave another 700 open positions unfilled.  


Appointments: World Gold Council promotes Morrison

Sally Morrison has been named managing director of jewelry for the World Gold Council and now will be responsible for the organization’s jewelry operations worldwide. 


JC Penney closing 33 stores, laying off 2K

In an effort to cut costs and “adjust its national footprint,” J.C. Penney announced Thursday that it is closing stores and laying off thousands of workers.


Coming soon: Tiffany & Co., the movie

The name Tiffany & Co. has been immortalized by Truman Capote and Audrey Hepburn, sung by Marilyn Monroe and had its jewelry worn by party guests of the great Gatsby. Now, the iconic New York jeweler gets to tell its own story on the big screen. 


71-year-old store employee foils robbery attempt

Thanks to an act of quick thinking, a Helzberg Diamonds store employee who also happens to be a septuagenarian was able to put a stop to an armed robbery attempt Tuesday evening.


Appointments: Blue Nile executive resigns

Dwight Gaston, senior vice president of operations at Blue Nile Inc., is stepping down, effective July 2.


Company launches skin-protecting ‘smart’ bracelet

In one of the latest developments in the “wearable technology” arena, technology company Netatmo has introduced a so-called “smart bracelet” that monitors the wearer’s sun exposure and gives skin care advice.


Barneys to open new flagship in 2017

Luxury retailer Barneys New York will open a store on Seventh Avenue in Manhattan’s Chelsea neighborhood three years from now, marking the company’s return to the neighborhood where it got its start.


40M could be impacted by Target data breach

It couldn’t have come at a worse time. Target Corp. confirmed Thursday that there was unauthorized access to the credit and debit card data of shoppers who made purchases in its U.S. stores over the past month.


Macy’s stores to stay open all night until Dec. 24

More than 30 Macy’s stores in cities across the country will stay open 24 hours a day for four days in a row, beginning this Friday and continuing until Christmas Eve, the retailer announced Wednesday.


David Yurman moves into Canadian market

Popular jewelry brand David Yurman opened its first boutique in Canada on Dec. 12, at Toronto’s Yorkdale Shopping Center.


Appointments: Hearts on Fire, MJSA, more

A promotion at Hearts on Fire, a visual coordinator at Day’s Jewelers and a specialist at Bonhams are among the recent career moves in the industry.


Calif. jeweler acquires gold mine

Jewelry manufacturer and retailer The Jewelry Exchange has completed its purchase of the Gold-Stone mine in Southern California. 


Marie Claire costume line launches at Macy’s NYC

The Chic collection from Marie Claire Jewelry has launched in Macy’s Herald Square store in New York, which is the department store’s flagship location and also is advertised as the largest store in the world.


Macy’s to launch Latino-focused brand, jewelry

Macy’s will introduce a clothing and jewelry brand aimed at Latino women in spring 2015, though the retail giant said there’s no word on whether the jewelry will be fine or fashion.


Kohl’s to open 24 hours a day beginning Dec. 20

Kohl’s Department Stores is upping the competition ante this holiday season by announcing that it will keep its doors open for more than 100 hours straight in late December. 


Samuels Jewelers opening three new stores

Samuels Jewelers Inc. will open new locations in Texas and Ohio during the holiday shopping season, as well as remodel three existing stores, the company announced recently.


Judith Ripka, Swarovski launch new line for QVC

Designer Judith Ripka has teamed with Swarovski to create a new line of sterling silver and cubic zirconia jewelry for multimedia retailer QVC.


Walmart CEO to retire in early 2014

Walmart Stores Inc. announced Monday that Mike Duke, its president and CEO, will retire and  be replaced by the head of the retailer’s international division, Doug McMillon.


Appointments: Tiffany’s CFO steps down

Patrick F. McGuiness has resigned as chief financial officer of Tiffany & Co., effective Nov. 27.


Diamond studs listed among Kohl’s Black Friday deals

Kohl’s Department Stores is offering 70 percent off a pair of diamond solitaire earrings as one of its deals on Black Friday, which technically begins when the retailer opens its doors Thanksgiving night. 


‘Fashionistas’ pick rings for Robbins Brothers

Retailer Robbins Brothers has revealed the eight engagement rings highlighted in its second annual “Fashionista Ring Reviews,” a selection of the best in bridal curated especially for the retailer by fashion writers. 


Appointments: Former Lieberfarb CEO starts own firm

Ann Arnold has resigned from her position as CEO of bridal jewelry company Lieberfarb to start the Arnold Advisory Group (AAG), a consultancy business. 


Target sets opening dates for more Canadian stores

Target Corp. will hit its goal of having 124 stores in Canada by the end of the year, with its remaining 33 stores in the country set to open by Nov. 22 at the latest.


Bea Spiech retiring from Macy’s in 2014

A Macy’s Inc. spokesperson confirmed Friday that jewelry executive Bea Spiech will retire next year after more than 40 years with the retailer. 


De Beers stores offering custom ring service

De Beers Diamond Jewellers, the chain of stores the diamond miner and marketer operates in conjunction with LVMH Moët Hennessy Louis Vuitton, now is giving customers the chance to design their own engagement rings in store via an iPad.


Maison Birks opening first international store

Newly rebranded Canadian jewelry chain Maison Birks will open its first location outside of North America in Beijing, the capital of China, the company announced Thursday. 


Hearts on Fire opens store in PA, closes in NJ

Hearts on Fire announced Tuesday that it opened the second of its new concept retail stores in Philadelphia while also confirming that it has shuttered its first U.S. retail location, the boutique located in the Borgata hotel in Atlantic City, N.J. 


Tiffany, Swatch watch contract officially severed

Tiffany & Co. is on the hunt for another company to handle its watch business following the official termination of its agreement with the Swatch Group Ltd. 


Christmas Book offers $2M diamond experience

An “Ultimate Diamond Experience” with Forevermark toting a price tag of nearly $2 million is among the “Fantasy Gifts” listed in Neiman Marcus’ 2013 Christmas Book, a catalog of holiday-ready luxury items that include the extremely lavish and extravagant. 


Appointments: Tourneau names new CEO

Ira Melnitsky has been appointed CEO of Tourneau, succeeding James Seuss who left the company last year to serve as CEO and global president of Hunter Boots.