Tobak, author of “Ice Cold: A Hip-Hop Jewelry History,” shares how the exhibition came to be, and the pieces people may be surprised to see.
Target CEO, chairman resigns
Gregg Steinhafel has stepped down as CEO and chairman of the board at Target Corp., the latest fallout from the massive cyber attack that continues to plague the retailer.
John Mulligan, Target’s chief financial officer, will serve as interim president and CEO while Roxanne S. Austin, a member of the retailer’s board of directors, has been appointed interim non-executive chair of the board.
Both will continue to serve until Target names permanent replacements. Target has retained talent firm Korn Ferry to advise on its CEO search.
Steinhafel, who has been with Target for 35 years, has agreed to serve in an advisory capacity during the transition.
In announcing Steinhafel’s resignation early Monday, the company’s board of directors acknowledged his leadership during the recession and his successful defense of the company through a high-profile proxy battle.
However, the board also noted in its statement that Steinhafel held himself personally accountable for the massive data breach over this past holiday season that put millions of customers’ personal information at risk and will be extremely costly to the retailer moving forward.
Steinhafel’s exit follows the departure of Chief Information Officer Beth Jacob in March.
RELATED CONTENT: Target hires new CIO, announces security updates
Target announced last week that it has hired Bob DeRodes, who has served as an advisor to both the U.S. Department of Homeland Security and the Justice Department, to replace Jacob.
Based in Minneapolis, Target operates stores in the United States and Canada. In National Jeweler’s last State of the Majors report, which uses 2011 financial data, Target ranked as the 10th largest seller of fine jewelry in the country.
The Latest
Stars adorned themselves in emeralds, platinum, and myriad bird motifs, writes Associate Editor Natalie Francisco.
M.S. Rau is set to open a seasonal gallery in the high-end resort town early next month.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.
The highlight of his collection is the coveted Patek Philippe Grandmaster Chime, which could sell for up to $5 million.
The “Venetian Link” series modernizes the classic Veneziana box chain in its bracelets and necklaces.
Meet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
The Seymour & Evelyn Holtzman Bench Scholarship will provide tuition assistance to two low-income students.
The Swiss watchmaker said the company’s plans to use a new version of the Hallmark crown on jewelry would confuse consumers.
The executive talked about the importance of self-purchasers and how fuel cell electric vehicles are going to fuel demand for platinum.
It will award a graduating high school student with about $10,000 toward a GIA diploma and an internship with the Seattle-based jeweler.
Wheat Ridge, Colorado police took a 50-year-old man into custody Wednesday following a two-month search.
PGI partnered with four new and seven returning designers for its annual platinum capsule collection.
Nicolosi, president and CEO of The Kingswood Company, previously sat on WJA’s board from 2011 to 2018.
Karina Brez’s race-ready piece is a sophisticated nod to the horse-rider relationship.
The men are allegedly responsible for stealing millions in jewelry and other valuables in 43 burglaries in 25 towns across Massachusetts.
“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.
The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.
Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”
Concerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
May’s birthstone is beloved for its rich green hue and its versatility.
Jacqui Larsson joins Opsydia with nearly two decades of experience in the industry.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.