It was a banner day for blue gemstones, with another blue diamond topping $8 million and a 41-carat sapphire going for $2.3 million.
Thomas Sabo Opens First US Boutique
The German jewelry and watch brand’s first stateside store will open this week at the Westfield WTC mall, part of New York’s World Trade Center.

New York--Thomas Sabo has its eye on the U.S. market.
The Germany-based jewelry and watch company, which has more than 300 retail locations, is opening its first U.S. boutique this week at the Westfield mall, part of the World Trade Center in New York.
Company founder and Chairman Thomas Sabo commented, “We are very proud about the opening of our first flagship store in the U.S. in the brand-new Westfield World Trade Center in New York City. This opening symbolizes a big step for the company in terms of positioning Thomas Sabo as one of the leading premium jewelry and watches brands worldwide.”
Thomas Sabo also has announced the appointment of a new U.S. wholesale director, Todd Tieche. Tieche formerly worked for Richemont, Morellato and Parmigiani.
“I am thrilled to be joining the brand at such thriving times and am delighted by the upcoming opening of the New York flagship store for Thomas Sabo,” said Tieche. “This represents a unique opportunity to show both existing and new partners the world of Thomas Sabo--from premium to affordable luxury-- in an exclusive environment. I’m sure that this calling card will push the U.S. business.”
Christoph Gerschütz, international sales manager and head of sales for the U.S. and Canada said, “We are pleased to see Todd joining our team. His expertise as well as experience in the market and connections in the U.S. will support the brand’s overall growth. In addition to hiring Todd Tieche, Thomas Sabo cooperates with industry renowned distributing partners for a fast, continuous and stable expansion across the U.S. territory. To date, Thomas Sabo is represented in more than 30 U.S. states and we are looking forward to seeing further growth led by Todd and his team."
The Thomas Sabo New York flagship store will open on Tuesday.
The Latest

The men are believed to be part of the group of several masked suspects that robbed Marc Robinson Jewelers in April.

The bridal-focused brand is also launching its Custom Atelier this summer, a digital custom design tool for its authorized retailers.

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

The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.


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

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

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

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.

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.

Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.

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 actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.

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.
























