The report shows that couples are searching for vintage and antique rings, gold jewelry, pearls, and colorful pieces.
10 Jewelry News Stories You Might Have Missed
Baselworld loses major brands, thoughts on the future of retail, an update on the Paycheck Protection Program, and more.
New York—Last week, Rolex, Patek Philippe, and other major watch and jewelry brands severed ties with Baselworld, the Paycheck Protection Program ran out of money, and more.
Throughout this crisis, we are doubling our “stories you might have missed” feature from five to 10 to bring readers the best of our coverage on how the pandemic is impacting the jewelry industry.
To catch up on all the jewelry industry news related to COVID-19, visit NationalJeweler.com/Coronavirus.
1. Squirrel Spotting: What Will Retail Look Like After COVID-19?
Consumers will return to physical stores, writes Peter Smith, and jewelers need to be ready for them.
2. Rolex, Patek, Chanel Exit Baselworld for New Watch Show
It will be held in conjunction with Watches & Wonders Geneva in April 2021.
3. LVMH’s First-Quarter Sales Fall 17%
The watches & jewelry division was among the hardest hit, with sales dropping 26 percent.
4. Diamond Dealer Manny Gordon Dies of COVID-19
The Brooklyn native and founder of Manny Gordon Trading was 79.
5. Bob’s Watches Launches Affiliate Program for Independents
“Partners in Time” was created to provide retailers with incremental revenue during the COVID-19 pandemic.
6. De Beers, Tiffany Among Those Donating Millions to COVID-19 Relief
A few of the major players in the jewelry industry have given large sums of money. Here’s where the money is going.
7. Royal Chain Has a New Rainbow Collection
It’s inspired by children’s rainbow artwork posted in their windows during quarantine.
8. MCH Group to Decide Baselworld’s Fate in the Next Few Weeks
The announcement that five major brands are leaving the show has organizers reconsidering its future.
9. March Retail Sales Plunge, Marking Biggest Decline on Record
With businesses closed and consumers staying at home, U.S. retail sales posted a steep decline last month.
10. The Paycheck Protection Program Is Out of Money, For Now
An additional $250 billion is on the table, but lawmakers have yet to come to an agreement.
The Latest
He’s remembered as a “font of passion,” leaving behind a legacy of dedication to his craft and community.
The first one will take place next month during the Jewelers of Louisiana’s and Mississippi Jewelers Association’s conventions.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The redesigned boutique features interactive displays and a workshop space for hands-on learning about watchmaking.
There is a willingness to comply with new government-mandated regulations, with an insistence that they should be practical and realistic.
A combination of factors is driving growth in the industry despite the precipitous drop in prices across the board.
Ho Brothers offers scalable solutions for the future of custom jewelry.
The zone’s modernization will enhance and increase India’s jewelry manufacturing capabilities while aiding small and mid-sized businesses.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
The company plans to invest $25 million in marketing initiatives to boost awareness around its namesake and licensed brands.
Optimism about the current state of the economy was offset by anxiety around inflation and the political environment.
The former WJA executive director is MFM’s new managing director.
DDG encourages retailers to educate customers on the positive impact of purchasing natural diamonds.
Jen Cullen Williams and Duvall O’Steen explore how jewelers can save time and money by using AI to analyze engagement and create content.
The Florida store’s owner Miguel Gonzalez is retiring.
The lab stresses the importance of accurate identification, as the difference in price is “substantial.”
The brand also plans to expand its retail footprint from 138 to 200 stores over the next three years.
One is reserved for a NAJA member, the other for a non-member.
Longtime employees Carie Lehrke and Megan Mattice have received promotions.
Three guests joined National Jeweler and Jewelers of America to discuss trending time periods, spotting reproductions, and more.
Chris Clipper and Robert Lepere join the company with 50 years of combined experience.
The trendy, metallic earrings wink at classic spring colors.
JSA said a man and woman pulled the safe out of an Oakland jewelry store but couldn’t quite get it into their van.
The miner’s March auction generated $19 million.
Helen McCluskey will succeed H. Todd Stitzer when he meets his 12-year term limit in June.
“Chopard x Julia Roberts” showcases the first gems cut from the 6,000-carat-plus “Insofu Emerald."