NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
Edward Asscher to Retire After 50 Years
Sixth-generation jewelers Lita and Mike Asscher will serve as co-presidents of the Royal Asscher Diamond Company after his departure.
Amsterdam—Edward Asscher will step down as president of the Royal Asscher Diamond Company after fifty years in the family business.
Following his departure, his daughter Lita Asscher and son Mike Asscher will serve as the company’s co-presidents, marking the sixth generation of the Asscher family to run the business.
“Everything he taught us means the world to us. Mike and I will uphold his legacy and pass it on,” said Lita Asscher in a statement announcing her father’s retirement.
“Working alongside my father has been an incredible experience. He has been a mentor, friend, and business partner for over 21 years,” said Mike Asscher.
The new generation has focused on manufacturing fancy diamond cuts and investing in new technology, which led to the company patenting four proprietary diamond cuts.
Edward Asscher joined the business in 1970, apprenticing with his father and uncle, before stepping up as president in 1980.
He worked alongside his brother Joop, who passed away in 2006, for 36 years.
During his time holding the reins, he expanded the company’s international reach and developed strategic partnerships.
The company celebrated its 165th anniversary last June with the launch of a new website and the introduction of a pair of new diamond cuts.
Asscher described his five decades with the company as an “extraordinary journey.”
“Our industry has had its challenges in many aspects, but ethical standards, transparency, innovation, and professionalism have become the norm and will keep the industry as beautiful as the product itself,” he said.
Outside of the family business, Asscher advocated for a more ethical diamond industry and held positions on the boards of charities and industry groups.
Royal Asscher has been a member of the Responsible Jewellery Council since 2017.
He served as president of the World Diamond Council from 2014 to 2016, a role he will take up for another two-year term this June.
He previously was president of the International Diamond Manufacturers Association and the International Diamond Council.
Asscher also branched out in politics, serving as president of the Liberal Party in Amsterdam and as a senator for the Liberal Party in the Dutch parliament from 2007 to 2011.
He was knighted for his social and ethical contributions and named an Officer in the Order of Oranje-Nassau.
Founded in Amsterdam in 1854 by Isaac Joseph Asscher, the company has a storied history, known
It may be best known for the creation of the original Asscher Cut diamond, the first patented cut diamond, created by Joseph Asscher in 1902.
The company also cut and polished the 997-carat Excelsior diamond and the 3,106-carat Cullinan rough diamond.
The stones are part of Great Britain’s Crown Jewels and Queen Elizabeth’s collection.
The Latest
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Its updated book for mountings is also now available.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
The family-owned jeweler has a new education section on its website dedicated to the history of diamond cutting.
The limited-edition men’s rings can be customized with one of 12 team logos.
The program, now live in Europe, will roll out to the U.S. this summer.
Colored gemstones and signed jewels are the focus of its upcoming Geneva sale.