E-commerce sales topped $50 billion in the first quarter, marking only the second quarter on record when online sales have exceeded that dollar mark.

Swatch Group confirmed Friday that Nayla Hayek, chairwoman of The Swatch Group Ltd., is now the CEO of Harry Winston Inc.

J.C. Penney was publicly shamed into issuing one California couple a refund for their $1,530 engagement ring after the pair aired their grievances about the ring’s quality, literally.

The Hong Kong Trade Development Council (HKTDC), organizer of a number of jewelry and watch trade shows, plans to hold two meetings in the United States this summer for companies interested in doing business in Asia.

The judge in the ongoing dispute between Tiffany & Co. and warehouse retailer Costco Wholesale Corp. has ordered the parties into settlement talks with a magistrate judge.

Hilary Stevens and her fiancé David Campbell will be having the “wedding of the century” after winning a sweepstakes under the same name from Ben Bridge Jeweler.

J.C. Penney is specially showcasing the jewelry of seven designers at its new “Bijoux Bar,” located in the fine jewelry section of the department store.

Goldman Sachs is providing J.C. Penney with a five-year $1.75 billion senior secured term loan facility, a glimmer of positive news for the struggling department store chain.

Luxury goods conglomerate PPR has acquired a majority stake in Pomellato and expects the deal to be finalized in the coming weeks following the approval of competition authorities, the company announced.

Saks Inc. will close its Saks Fifth Avenue store located in the West Shore Plaza here on May 4, the company announced this month.

A Florida man has filed a lawsuit against department store chain Macy’s claiming the retailer sold him a ring described as 14-karat yellow gold that turned out to be gold plated.

Bjørn Gulden, who has been CEO of Pandora for little more than a year, is resigning to head sportswear company Puma, effective July 1. Pandora has tapped Allan Leighton, the current chairman of the company, as his replacement.

Jewelry, diamond and watch buying company Circa now will offer its services at 64 Ben Bridge Jeweler locations nationwide, the result of a new partnership between the companies.

Jared the Galleria of Jewelry stores in the Washington-Baltimore area are now carrying Forevermark, the branded diamond from De Beers that entered the U.S. market in 2011.

Myron Ullman III is back in as CEO of J.C. Penney while Ron Johnson, the former Apple Inc. executive who had plans of transforming the retailer into “America’s Favorite Store,” has resigned.

Target Corp. will officially mark its entrance into the Canadian market later this week following the soft open of more than 20 stores in Ontario that began in mid-March.

Two of the country’s largest specialty jewelers are headed to mediation to settle their dispute over one diamond's supposedly superlative brilliance.

French luxury goods conglomerate PPR, owner of brands including Boucheron and Gucci, is re-branding as Kering--pronounced “caring”--this summer.

Indications are that Pomellato will end up in the hands of one of the world’s big luxury conglomerates in the near future, though it is unclear which company will place the winning bid for the Milan-based jewelry brand.

Harry Winston Diamond Corp. announced on Thursday that it has received all required regulatory approvals to the proposed sale of its luxury brand diamond jewelry and timepiece division to the Swatch Group.

Ben Bridge Jeweler is taking over the location and legacy of closed El Paso jewelry store Lacy & Co. and re-opening it under the name “Ben Bridge Jeweler, formerly Lacy & Co.”

The production arm of Pandora A/S said Friday that it has reached an agreement with rival Trollbeads A/S to acquire the intellectual property rights for Trollbeads’ glass charm designs.

J.C. Penney cut more than 2,000 employees earlier this week from both its stores and district offices, The Dallas Morning News reported.

Families who own the world’s largest luxury goods companies along with diamond magnates such as the Oppenheimer family and Laurence Graff are among those who made Forbes annual list of The World’s Billionaires.

Tiffany & Co. claims in a new lawsuit that Costco Wholesale Corp. has been selling diamond engagement rings falsely identified as “Tiffany” for years, and now the New York-based jeweler wants pay back.