The closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.
3 Suspects Charged in Fatal Robbery of Connecticut Jeweler
One suspect is alleged to have been involved in the robbery of a second jewelry store in Connecticut.

Stamford, Conn.—Three suspects have been charged with robbery in the armed and fatal holdup at Marco Jewelers in Stamford late last month.
During the robbery, store owner Mark Vuono was shot and killed.
The suspects, taken into custody last week, are: Robert Rallo, 56, of Brooklyn, New York; Thomas Liberatore, 62, of White Plains, New York; and Paul “Tony Pro” Prosano 59, of Brooklyn, according to the U.S. Attorney’s Office in Connecticut.
The defendants all have extensive criminal histories, according to court documents, and met while serving time in state prisons in New York.
Stamford police officers responded to Marco Jewelers on the afternoon of March 28 and found evidence of a robbery.
Court documents state that emergency medical personnel found Vuono lying on the ground in front of an open safe. He was pronounced dead at the scene.
Video surveillance obtained by investigators shows Rallo and Liberatore arriving in a black Jaguar and entering the store.
Armed with a handgun, Rallo got into a physical altercation with Vuono while Liberatore took items from the display cases, said investigators.
Rallo and Vuono, who also had a firearm, struggled next to the open safe.
In the midst of the struggle, Rallo reached into the safe and grabbed another gun, a .357 Magnum revolver, and shot and killed Vuono, investigators said.
Law enforcement traced the black Jaguar to Staten Island, New York and kept tabs on the car.
Two days after the robbery, on the night of March 30, investigators said Prosano pulled up beside the car in a black BMW X3. Rallo exited that car and got into the driver’s side of the black Jaguar.
Police followed as the two cars sped off, both later crashing with the two men attempting to flee on foot before being apprehended.
Investigators found 63 rings, eight bracelets, two tie pins, an earring and a cufflink inside the BMW as well as 23 pairs of earrings and three rings in Prosano’s home, all of which are suspected to have been stolen from Marco Jewelers.
The third man, Liberatore, was also arrested on March 30.
Investigators allege that he was involved in another jewelry store robbery, stealing a Honda Civic from a car dealer in Yonkers, New York then driving to Greenwich, Connecticut to rob Byram Jewelers.
Liberatore entered the store and asked to see engagement rings then pulled out a pistol on the employee, broke the showcase and stole jewelry.
“These three defendants are alleged
“The FBI, Stamford Police, Greenwich Police and our other law enforcement partners have conducted an extraordinary investigation that resulted in the quick apprehension of these three men before they could wreak any additional havoc.”
Federal criminal complaints charge the suspects with Hobbs Act Robbery, an offense that carries a maximum term of 20 years in prison.
Additional charges are expected, said Durham, noting the investigation is ongoing in coordination with state officials.
The suspects have been detained in New York on state parole violation charges and arrest warrants have been issued, which have been lodged as detainers.
“During this crisis within a crisis, which created many logistical obstacles, federal and local agencies worked hand in hand and got this job done,” said Stamford Police Captain Richard Conklin, praising the teamwork of the various law enforcement agencies despite challenges related to COVID-19.
The Federal Bureau of Investigation, Stamford Police Department and Greenwich Police Department are conducting the investigation with the assistance of the New York Police Department, Yonkers Police Department and New Rochelle Police Department.
The case is being prosecuted by Assistant U.S. Attorneys Jocelyn Courtney Kaoutzanis and Rahul Kale.
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.






















