Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.
Kiran Gems Opens New Diamond Polishing Plant
Located in Surat, the 500,000-square-foot facility will help the company streamline its manufacturing process, Kiran said.

Mumbai--Kiran Gems Private Ltd. has opened a new diamond polishing facility in Surat, India as part of the company’s planned strategy to streamline its manufacturing process for larger diamonds, the company said.
It is 500,000 square feet in size and will use state-of-the-art manufacturing equipment for planning, cutting and polishing diamonds.
Kiran Gems said that it processes more than 5.5 million carats of rough diamonds to meet the demands of its global customers and that this new factory will play a critical role in cutting down the processing time for rough diamonds significantly, strengthening the company’s inventory of certified diamonds as well as enabling the Kiran sales team to respond to customer demand more efficiently.
“Kiran has a long-term view and strategy for the diamond industry and this factory is a part of it,” said Kiran Chairman Vallabhbhai Patel. “In the past also we have continued upgrading, and we will continue doing it in the future. It is instrumental to provide excellent quality of diamonds and observe cost optimization in order to create a sustainable business. This factory is designed to fulfill that.”
The Latest

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.

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

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.

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

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.

Sotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.

A private collection of five Paraíba tourmalines also will be up for sale at Sotheby’s High Jewelry auction in New York, scheduled for June 16.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

The show started by honoring Mildred Marcano, ended with a tearful Beth Anne Bonanno, and recognized a dozen-plus designers in between.

The revamped online diamond marketplace will feature pricing intelligence and data-driven tools for more efficient buying and selling.

The miner said demand for higher-quality emeralds is stable, but there is notable caution in the market.

The “River of Heaven” necklace, our Piece of the Week debuting at Couture, combines 26 salt and pepper diamonds spaced by Tahitian pearls.

This year’s inductees include second-, third-, and fourth-generation jewelers.

The author, speaker, and entrepreneur will give his presentation, “Spiritual Billionaire,” on Saturday morning.

Three-time Grammy award-winning artist Nelly is set to perform at the annual event at Tao Beach on Sunday night.

Signet will integrate the online-only, natural diamond-focused jeweler into Blue Nile, which it wants to position as a higher-end retailer.

These up-and-coming jewelry brands are bringing their distinct aesthetic and unique point-of-view to the Design Atelier for the first time.






















