The closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.
DEF to Honor Alrosa, Luxury Jewelers Resource Group in Vegas
They will receive the 2019 Diamonds Do Good Award on May 30 at the Venetian Hotel.

New York—The Diamond Empowerment Fund has announced the recipients of its 2019 Diamonds Do Good Awards, which will be presented in Las Vegas on May 30.
Alrosa will receive the Community Stewardship Award and the Luxury Jewelers Resource Group will receive the Community Building Award.
DEF said its is honoring Alrosa, the largest diamond producer by carat weight, for being a “steward” of its community, noting that the miner makes community responsibility a company pillar and goes beyond providing necessary infrastructure for workers and their families.
This includes dedicating 3 percent of revenue each year to social and economic development across the region with projects that encompass education, healthcare, rehabilitation, housing, culture and sports activities for the people of Yakutia in Russia.
Established in 2005, Luxury Jewelers Resource Group is a consortium of 12 independent family-owned jewelry retailers from 20 states—Bachendorf’s, Bruce G. Weber, Diamond Cellar, Hamilton Jewelers, Hyde Park Jewelers, Lee Michaels Fine Jewelry, London Jewelers, Lux Bond & Green, Mann’s Jewelers, Reis-Nichols Jewelers, Tapper’s Diamond & Fine Jewelry and Tivol.
Members “hold themselves to the highest standards and remain committed to maintaining the integrity of their diamonds,” DEF said, and believe in building and supporting their communities, from empowering young girls through organizations to Girl’s Inc. to supporting women’s shelters, the homeless, cultural arts and education initiatives.
“The recipients of this years’ Diamonds Do Good Awards reflect the ongoing positive impact being fostered by the diamond industry at home and around the world,” said Anna Martin, DEF president and senior vice president of GIA. “Sharing these stories with our customers is not only good for business, it is a responsibility for the entire industry.”
The 2019 Diamonds Do Good Awards will be presented at the annual DEF gala on Thursday, May 30, in the Palazzo Ballroom at the Venetian Hotel in Las Vegas.
For more information or to purchase tickets or sponsorships visit DiamondsDoGoodAwards.org.
The Latest

The website offers enhanced member benefit access, industry directories, educational resources, a job board, and access to the MJSA Journal.

Boucheron and Pomellato had a strong third quarter, with Kering looking at jewelry as an increasingly important part of its portfolio.

A Diamond Is Forever's holiday campaign reimagines natural diamond icons for a new generation celebrating individuality.

Tara Sinchuri was the owner of Everest Jewels in Fairfield, Ohio, and a father of three. He was found dead in his store on Tuesday.


Bespoke experiences from Buccellati and Verdura are on the retailer’s 2026 “Fantasy Gifts” list.

The number of participants at the fall show was up 12 percent.

Built on Relationships. Refined by Craft.

The Academy and Grammy award-winning siblings have collaborated with John Hardy on a new jewelry line inspired by their personal style.

Diana Singer shared the stories of two “cursed” diamonds on this month’s podcast, which was inexplicably riddled with technical issues.

The family-owned jeweler has three locations across Missouri and Iowa.

The collection centers designs with clean geometric lines, chunky sculptural pieces, and recognizable details from the luxury fashion brand.

The miner said it saw particularly strong prices for larger, fine-quality rubies at the sale.

The guard opened fire on a man who was smashing a jewelry display case at La Gran Plaza in Fort Worth last week, police said.

The Texas jeweler added 2,000 square feet to its reimagined showroom, complete with a new design studio and an event space.

Jacob & Co.'s diamond masterpiece is the most expensive Fantasy Bra ever worn on the Victoria’s Secret Fashion Show runway.

The “Atelier” collection was inspired by the tools, rituals, and objects in an artist’s studio as a quiet rebuttal to an automated world.

The pending acquisition is an “exciting opportunity” for wedding vendors to grow their business, said The Knot Worldwide’s CEO.

"The Secret Gems" features eight Thai jewelry brands paired with a team of young craftspeople who create jewelry together to win challenges.

The brand’s “Modern Talisman” capsule collection introduces pendants inspired by the mythology, natural world, and spiritual ethos of Bali.

Independent jewelers from New Mexico to New Jersey answer the question: What has kept your store in business for 100 years?

The NRF is expecting holiday sales to increase this year, but consumers and retailers alike are facing Grinch-like headwinds.

Our Piece of the Week gathers the planets, represented by a variety of colored gemstones, in a pair of 14-karat yellow gold earrings.

The New York-based jeweler is moving its Amherst flagship store to a larger location in nearby Snyder.

Chen, who worked at Cartier and Tiffany & Co., will lead retail sales and operations for the luxury jeweler’s 11 U.S. stores.

For 40 years, sisters Amy and Elise Greenberg have helmed their 126-year-old family business, leading with appreciation and integrity.

It’s a term Smith coined and felt compelled to share following a bad experience with an aborted flight and an unfeeling flight attendant.






















