The luxury retailer, which went Chapter 11 in January, announced Thursday that it has secured $500 million in exit financing.
Joseph Samuel Jr., Former DeYoung President, Dies at 92
He was the fourth generation to join the family business and built it into a nationally and internationally recognized firm.

New York—Joseph H. Samuel Jr., former president of the wholesaler J. & S.S. DeYoung, Inc., died at home in Beverly, Massachusetts on April 23. He was 92 years old.
After serving in the Navy, Samuel entered the family jewelry business, which was based in Boston, becoming its fourth generation.
He worked with his uncle, Sydney DeYoung, buying and selling fine estate jewels, rare gems and historical pieces.
According to the family, Samuel was instrumental in building the business into a nationally and internationally recognized firm. He traveled often in his early years with J. & S.S. DeYoung to build relationships the company still has today.
New York was a big part of that travel, leading him to open an office in the city in the 1970s.
He also went to a number of domestic and international auctions, recognizing early on the business potential that the Middle East and Asia provided.
Samuel also served on the Gemological Institute of America’s board of governors and was a past president of the Boston Jewelers Club and a former member of the 24 Karat Club.
According to his family, he loved golf, gardening and analyzing stocks; for about 15 years after he retired, Samuel put together a weekly newsletter with his market analysis and sent it to many friends and colleagues.
They added that during the last few weeks of his life, they received an outpouring of warm messages about Samuel, many of which talked about how he was a “true gentleman, and a man of integrity and compassion.”
He was preceded in death by his wife, Marie.
He is survived by his son, Stuart, and his wife, Gezhi; his daughter Janet Levy and her husband, Alan; his daughter Laurie Mirra and her husband, Tony; and seven grandchildren.
A memorial service will be held at 10:30 a.m. on Sunday, July 8, at Lynch Park in Beverly, Massachusetts. Donations can be sent to NF Northeast, 9 Bedford Street, Burlington, MA 01803.
The Latest

The NouvelleBox ballroom will feature independent jewelry designers, including Lene Vibe, Wyld Box Jewelry, and Kiaia Limited.

The one-of-a-kind locket, our Piece of the Week, opens to reveal three hidden images to keep close to your heart.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

The new facility was also designed to better serve its growing customer base in Canada.


The campaign is a tribute to the year 1893, when Kokichi Mikimoto created the world’s first cultured pearl.

It is the only GIA school to offer the GIA Graduate Gemologist program in Chinese.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The initiative connects veterans and parents returning to the workforce with careers in jewelry retail.

The wholesale manufacturer and precious metals refiner has appointed Michael Angelo as its new national sales representative.

Foundrae also accused the jewelry giant of copying its mood board style of marketing.

A Patek Philippe for Tiffany & Co. timepiece owned by the American businessman who died on the Titanic will be offered at Freeman's Chicago.

The Conference Board’s Consumer Confidence Index edged up, with optimism about the present outweighing worries about the future.

Applications are open for the AGA Gemological Scholarship Program through May 15, and until June 2027 for the Gemological Research Grant.

These customer behavior patterns say a lot about how successful your jewelry store is going to be this year, Emmanuel Raheb writes.

Mejuri’s popular collection of 18-karat yellow gold vermeil rings debuted in sterling silver alongside new “Puzzle” slider charms.

The Miami-based jewelry brand and the NYC-based artist will be in Dallas from April 9-11.

The initiative invites those in the industry to share stories on social media highlighting the meaning and impact of natural diamonds.

Wolk’s first day on the job as CEO of Tracr, De Beers Group’s blockchain platform, will be May 1.

Moses, who will leave the lab in May after nearly 50 years, discusses his start in the business, gemstones that stand out, and what’s next.

The new catalog, which showcases 35 one-of-a-kind pieces of jewelry, is a compliment to the company’s popular holiday catalog.

Production has ceased at the Canadian diamond mine, which has yielded more than 150 million carats of rough diamonds in its 23-year run.

The store opening marks the 10th United States location for the India-based jewelry retailer.

Two Saks Fifth Avenue locations, one in Florida and one in California, and one Neiman Marcus store are off the chopping block.

In the “Tesoro” version of the ring, our Piece of the Week, each side of the gold hexagonal nugget has a unique colored gemstone design.

Cohen discusses the evolution of Citizen’s light-powered technology, the brand’s cross-generational appeal, and tariffs.

“Essentially Human: On Sales and Salespeople" reveals the underlying human traits and behaviors of the most successful sales professionals.























