July 2014

Consumer confidence hits seven-year high

The latest data from The Conference Board shows that in July consumer confidence rose for the third straight month and reached its highest point since 2007.  New York--The latest data from T... read more..

Private equity firm buys John Hardy

Catterton, a private equity firm that has sunk money into companies including crystal-maker Baccarat and haircare brand Frederic Fekkai, has purchased John Hardy for an undisclosed sum, the jewelry br... read more..

Luxury goods conglomerate snaps up Ulysse Nardin

Kering, which already owns Boucheron and Girard-Perregaux, has added another name to its jewelry and watch stable: Ulysse Nardin, a 168-year-old independent watch brand.  Paris--Kering, which already ... read more..

Nordstrom opens new Rack stores on both coasts

New York and California are the latest locations for Nordstrom’s continued focus on its Rack off-price segment, with the retailer opening one in Laguna Niguel, Calif. and another in Staten Island, N.Y... read more..

Target names Pepsi executive as new CEO

Target Inc. announced Thursday morning that Brian Cornell, who most recently headed the global food business for PepsiCo, will be its new CEO and chairman of the board, effective Aug. 12.Minneapolis--... read more..

Jewelry e-commerce site BaubleBar raises $10M

Online fashion jewelry retailer BaubleBar has raised $10 million in a Series B financing round led by Burch Creative Capital, which is headed by retail and fashion veteran Christopher Burch.New York--... read more..

Appointments: Diamond exchange names director

The Panama Diamond Exchange has appointed industry veteran Dirk Blommaert, who has held positions in the Antwerp diamond industry and with the Baselworld fair, as its business development director.  N... read more..

Mayer Udell, owner of London Jewelers, dies at 96

Longtime retailer Mayer Udell, who began running London Jewelers alongside his wife Fran in 1946, has died at the age of 96. Glen Cove, N.Y.--Longtime retailer Mayer Udell, who began running Lond... read more..

In New York, JA NY Summer draws to a close

Exhibitors and buyers packed it in Tuesday as the JA New York Summer show came to an end after three days of buying activity at the Jacob K. Javits Convention Center.New York--Exhibitors and buyers pa... read more..

Amazon now selling 3-D printed products

Amazon has entered the 3-D printing arena with the launch of its “3D Printed Products” store, a marketplace that gives shoppers access to more than 200 unique, customizable print on-demand products, i... read more..

Birks records $5M loss, announces cost-cutting plan

Birks Group Inc., the retailer formerly known as Birks & Mayors, announced this week that it is restructuring to save money, cutting administrative staff at its regional office in Florida and relo... read more..

Rock Vault graduates two, adds two

While Fernando Jorge and Melanie Georgacopoulos have moved on from the Rock Vault, the showcase created to give young British jewelry designers exposure, two new designers have entered: Beth Gilmour a... read more..

WJA names 2014 Awards for Excellence winners

The Women’s Jewelry Association honored the winners of its 31st annual Awards for Excellence Monday night in New York, recognizing innovative and successful leaders in the industry in a number of cate... read more..

Rocks On: Pearls, fit for a new generation

In the first installment of Rocks On, a new feature highlighting a different colored gemstone each month, National Jeweler examines the resurging popularity of pearl jewelry, showcasing 16 designs wit... read more..

TAP by Todd Pownell snags New Designer award

Todd Pownell has been recognized with the 2014 Mort Abelson New Designer of the Year Award, presented to him Monday at the JA New York Summer Show. New York--Todd Pownell has been recognized with the ... read more..

GJEPC, DDC holding buyer-seller event in NYC

About 100 diamond dealers from India and the United States will gather next month at the Diamond Dealers Club in New York for the first India Diamond Week.   New York--About 100 diamond dealers from I... read more..

Synthetic diamond co. grows record-setting stone

The company formerly known as Gemesis has created what it says is the largest diamond ever grown in a lab, a 3-carat round brilliant that is K color and SI1 clarity.New York--The company formerly know... read more..

14 trends for the holiday and how to use them

Movement, openwork, bold colors and gemstone slices will be among the trends in jewelry this holiday season and into 2015, according to an educational seminar held at JA New York Summer Monday morning... read more..

When lightning strikes, what will it cost you?

Summertime brings more than spring showers. The season’s lightning strikes and sometimes-downed power lines can lead to surges. Jeweler Mutual’s David Sexton shares 5 tips for ensuring a power surge d... read more..

New designers, education abound at JA NY Summer

A busy show floor and a positive attitude among attendees marked the kickoff of the JA New York Summer Show, which began Sunday at the Javits Center.New York--A busy show floor and a positive attitude... read more..

IGI introduces new app, services at India show

The International Gemological Institute showcased its latest services and offerings, including a new mobile application and the opening of a Jaipur location, at the India International Jewellery Show ... read more..

Omega tees off new TV ad campaign

Omega just produced a new television commercial for national distribution starring Irish golfer and brand ambassador Rory McIlroy with music by another act from Ireland, alternative rock bank The Scri... read more..

How much will people like Ike’s Rolex?

The Rolex given to former President Dwight D. Eisenhower for his achievements as a general during World War II, including the planning of D-Day, is expected to garner as much as $1 million at auction.... read more..

Flat 128 is my cup of tea

I took a little trip to London on Wednesday night, without even leaving New York City.On the edge of the West Village on Christopher Street sits Flat 128, a luxury lifestyle store that “brings the U.K... read more..

Jeweler giving customers a look at 10 carats

Steven Singer Jewelers is providing its customers the chance to see a rare diamond up close and in person, displaying a rare 10-carat radiant-cut diamond for viewing at its store Sunday.Philadelphia--... read more..

Retailers remain ‘prudent’ in purchasing, LVMH says

Same-store sales of watches and jewelry rose slightly in the first half for LVMH, with the company noting that the retailers that carry its brands remain cautious when purchasing.Paris--Same-store sal... read more..

De Beers expects 4-5 percent rise in diamond demand

Sales and production increased in the first half of the year for De Beers and the company expects global demand for diamond jewelry to increase 4 to 5 percent this year, driven by the United States an... read more..

Week in Photos--July 19, 2014

A jewelry show and an education program in India and viewings of new designs and 3-D printed jewelry in New York were among the happenings in the industry this week.A jewelry show and an education pro... read more..

Md. jeweler William Fleisher dies at 90

Retired Maryland jeweler William “Quarterback Bill” Fleisher died on July 3. He was 90 years old.William FleisherHyattsville, Md.--Retired Maryland jeweler William “Quarterback Bill” Fleisher died on ... read more..

The History Behind … Mizpah jewelry

In this new monthly feature, National Jeweler editors delve into the when, where and why of antique jewelry. July’s focus is on Mizpah pieces, which first became popular in the Victorian era.New York-... read more..
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Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.