The closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.
Burglars Enter CA Store Through Roof, Steal Everything
The Jewelers Security Alliance said it has seen an uptick in burglaries involving rooftop entry or cutting through the sidewalls.
Laguna Niguel, Calif.—Burglars recently cut through the roof of a retail jewelry store in California to steal everything inside, according to the Jewelers Security Alliance, which said it has seen an uptick in this kind of burglary.
After cutting off the power to Nuggets and Carats Jewelry Store in Laguna Niguel, California, the suspects cut through the roof, used a rope to lower themselves in and cut into the safe, JSA said in a Thursday email alert.
The burglars also removed another safe from the store, dragging it out the back door into a parking lot.
They ended up stealing every item from the store, including repair pieces.
JSA said it has seen an uptick across the country in the number of burglaries involving rooftop entry or cutting through the sidewalls, with some involving cutting alarm wires.
The organization is asking anyone with information to reach out to 212-687-0328 or jsa2@jewelerssecurity.org.
Watch: A local news report about the March 23 robbery
It also has made the following safety recommendations to jewelers.
- Have alarms that cover all possible means of entry, including the roof and sidewalls.
- Have line security to protect the store in case the alarm system is disabled.
- Give the police reports of all alarm conditions, including interruptions to the store. Check the interior and exterior of the premises, including the roof and all possible means of entry.
- Know that TL-15- and TL 30 U.L.-rated safes can easily be entered by burglars using commonly available tools. Those rated TRTL 30x6 will offer better protection.
The Latest

The ring, our Piece of the Week, was designed by eight-year breast cancer survivor Rachel Chalchinsky of Color Source Gems.

The website offers enhanced member benefit access, industry directories, educational resources, a job board, and access to the MJSA Journal.

A Diamond Is Forever's holiday campaign reimagines natural diamond icons for a new generation celebrating individuality.

Boucheron and Pomellato had a strong third quarter, with Kering looking at jewelry as an increasingly important part of its portfolio.


Bespoke experiences from Buccellati and Verdura are on the retailer’s 2026 “Fantasy Gifts” list.

The number of participants at the fall show was up 12 percent.

Built on Relationships. Refined by Craft.

The Academy and Grammy award-winning siblings have collaborated with John Hardy on a new jewelry line inspired by their personal style.

Diana Singer shared the stories of two “cursed” diamonds on this month’s podcast, which was inexplicably riddled with technical issues.

The family-owned jeweler has three locations across Missouri and Iowa.

The De Beers-owned diamond mine in South Africa is being put on ice as part of a round of previously announced cost-cutting measures.

The collection centers designs with clean geometric lines, chunky sculptural pieces, and recognizable details from the luxury fashion brand.

The miner said it saw particularly strong prices for larger, fine-quality rubies at the sale.

The Texas jeweler added 2,000 square feet to its reimagined showroom, complete with a new design studio and an event space.

Jacob & Co.'s diamond masterpiece is the most expensive Fantasy Bra ever worn on the Victoria’s Secret Fashion Show runway.

The “Atelier” collection was inspired by the tools, rituals, and objects in an artist’s studio as a quiet rebuttal to an automated world.

The pending acquisition is an “exciting opportunity” for wedding vendors to grow their business, said The Knot Worldwide’s CEO.

"The Secret Gems" features eight Thai jewelry brands paired with a team of young craftspeople who create jewelry together to win challenges.

The brand’s “Modern Talisman” capsule collection introduces pendants inspired by the mythology, natural world, and spiritual ethos of Bali.

Independent jewelers from New Mexico to New Jersey answer the question: What has kept your store in business for 100 years?

The NRF is expecting holiday sales to increase this year, but consumers and retailers alike are facing Grinch-like headwinds.

Our Piece of the Week gathers the planets, represented by a variety of colored gemstones, in a pair of 14-karat yellow gold earrings.

The New York-based jeweler is moving its Amherst flagship store to a larger location in nearby Snyder.

Chen, who worked at Cartier and Tiffany & Co., will lead retail sales and operations for the luxury jeweler’s 11 U.S. stores.

For 40 years, sisters Amy and Elise Greenberg have helmed their 126-year-old family business, leading with appreciation and integrity.

It’s a term Smith coined and felt compelled to share following a bad experience with an aborted flight and an unfeeling flight attendant.























