The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.
Northeastern Fine Jewelry Adds Industry Vet to Retail Team
Dennis Connelly, the former owner and founder of Connelly’s Diamond Gallery, will join its Albany store.

Albany, N.Y.--Northeastern Fine Jewelry announced it has added longtime jeweler Dennis Connelly to its retail team.
He will join the sales team at the retailer’s Albany location.
Connelly has more than two decades of experience in the jewelry industry, including 22 years as the founder and owner of Connelly’s Diamond Gallery, which was located in Latham, N.Y. and has closed its doors after more than two decades of business.
Northeastern said it will continue to honor all Connelly’s Diamond Gallery warranties and complete full inspections at its Albany store.
“I have known Dennis for 15 years, and we are very pleased to welcome him to our team,” Northeastern Fine Jewelry President Ray Bleser said. “His industry experience and knowledge will offer our customers an unparalleled level of service and expertise. He will play an important role as we continue to offer the highest quality of jewelry for all occasions to Capital Region residents.”
Northeastern Fine Jewelry has stores in Schenectady, Albany, Glen Falls and Manhattan, New York.
The Albany location recently unveiled a number of upgrades, including an 800-square foot expansion of both the showroom and offices. The $2 million project also gave the store a new facade and updated landscape design.
The 5,000-square-foot store features a variety of well-known jewelry brands, including Cartier, Breitling, Tacori, Hearts on Fire, Lagos, Simon G, John Hardy, Roberto Coin, IWC and Mikimoto, among others.
Connelly said, “I’m thrilled to become an integral part of the Northeastern Fine Jewelry team during this exciting period of expansion for such a well-respected, family-owned, independent jeweler. It is especially exciting to join a business which shares the values upon which Connelly’s Diamond Gallery was founded—to make it possible for every shopper to purchase the finest quality jewelry.
“I look forward to continuing to provide a superior level of customer service to shoppers and encourage our longtime clients to visit me at Northeastern Fine Jewelry.”
The Latest

The industry veteran is bringing his 56-year run in the fine jewelry sector to an end.

The panel discussion will feature LGBTQ+ leaders across the jewelry, luxury, and creative industries.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

Inspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.


The company has promoted Katherine Whitacre to the role.

The jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

Morrison has been marketing diamonds on and off since the early 2000s and said she is leaving to “pursue new projects.”

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

Up for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.

The organization also announced its international board of directors for the 2026-2027 term.

Saks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.

Smith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.

The Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.

The retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.

Dr. Akinwumi Adesina, a development economist, will head the fund created to help Botswana diversify its economy.

Sotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.

A private collection of five Paraíba tourmalines also will be up for sale at Sotheby’s High Jewelry auction in New York, scheduled for June 16.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.
























