August 2018

5 Jewelry News Stories You Shouldn’t Miss

There were positive results all around: for jewelry and watch spending in the U.S. and for sales at both Tiffany & Co. and Signet.New York—Here are five jewelry new stories from the week of Aug. 2... read more..

Olympic Gold Medalist’s Jewels Headed to Auction

Katherine Domyan swam for Hungary in the 1956 Olympics before defecting and seeking asylum in the United States.New York—The fall jewelry auction season is getting ready to kick off, and Bonhams New Y... read more..

Signet CFO Leaving the Company in 2019

Michele Santana is “pursuing other opportunities” after eight years with the retail jeweler.Akron, Ohio—Signet’s chief financial officer will leave the company next year to “pursue other opportunities... read more..

Carolee Appoints New Creative Director

The costume jewelry label is recrafting its image and venturing into higher price points.New York—Costume jewelry company Carolee has gotten a makeover for fall. The brand, which is carried in major ... read more..

Pino Rabolini, Founder of Pomellato, Dies at 82

He started the Italian jewelry brand in 1967 and sold it to Kering in 2013.Milan—Pino Rabolini, who continued his family’s goldsmithing tradition in launching Italian jewelry brand Pomellato, has died... read more..

Piece of the Week: Ana Khouri’s ‘Carolyn’ Earrings

They’ll be on view at the designer’s upcoming exhibition sale at Phillips.Every year, the bittersweet relaxation of Labor Day weekend gives way to the hustle of Fashion Month, which officially kicks o... read more..

Signet Opening James Allen Concept Store in DC

It is set to open before the holiday season and will be more high-tech than the jeweler’s other stores.Akron, Ohio—Signet Jewelers Ltd. CEO Gina Drosos announced Thursday that the company will be open... read more..

Sears to Close 46 Stores This Fall

The struggling department store is beginning liquidation sales this week.Hoffman Estates, Ill.—Sears Holdings Corporation is shuttering more stores. The company announced it will close 46 unprofitable... read more..

Alrosa’s H1 Revenue Up on Product Mix, Prices

The volume of carats sold slid, though, as the diamond miner remains without Mir.Moscow—Alrosa sold fewer diamonds but at higher prices in the first six months of the year, ending the period with year... read more..

Canadian Jewellers Association Appoints New Board Chairman

Marco Miserendino is vice president, managing director and co-owner of upscale Montreal jewelry store Bijouterie Italienne.Toronto—The Canadian Jewellers Association has appointed Marco Miserendino as... read more..

Tiffany’s Sales in the Americas Are Up 8% So Far This Year

And CEO Alessandro Bogliolo teased the introduction of what the company describes as an “innovative diamond ring concept.”New York—Tiffany & Co.’s turnaround plan seems to be working.On Tuesday, t... read more..

Leaving a (Gem) Legacy in East Africa

Gemstone faceter Roger Dery and his family have launched a nonprofit to support the communities where gems are mined.Traveling to the sources of colored stones is an unmatched experience, not only for... read more..

2 Notable Independent Retailers Shuttering

Monahan & Co. has served Massachusetts for more than 200 years, while The Green Bull Fine Jewellery Couture is a beloved fixture in Texas Hill Country.New York—Two notable jewelry retailers, one i... read more..

Movado Reports Sales Increase, Raises Guidance Again

Net sales are up 19 percent so far this year for the watch company.Paramus, N.J.—Net sales increased more than 10 percent in the second quarter and first half of the year for Movado Group Inc., prompt... read more..

Michael Hill Profit Takes a Hit After US Exit

Also impacting the Australian retailer’s results was the closure of its Emma & Roe charm stores.Brisbane, Australia—Same-store sales fell flat and profit tumbled for Michael Hill due, in part, to ... read more..

US Jewelry, Watch Spending Climbed 5% in 2017, BEA Says

Americans spent nearly $77 billion on jewelry and watches last year.Washington—The U.S. Bureau of Economic Analysis reports that Americans spent nearly $77 billion on jewelry and watches in 2017, an i... read more..

Amanda’s Style File: That’s the Point

Marquise, pear, trillion and shield shapes are hot in today’s jewelry designs.Marquise, pear, trillion and shield shapes are hot. Love them or hate them, you should be embracing these alternative shap... read more..

Jewelry Industry Summit Returns Next Month with LA Event

Slated for Sept. 28, the half-day summit will facilitate conversations on sustainable and ethical sourcing. Los Angeles—The Jewelry Industry Summit is returning this fall with a half-day event in Los ... read more..

Phillips to Host Ana Khouri Exhibition Sale

Works from the influential contemporary designer will be on view next month in New York City.New York—Ana Khouri’s status as one of today’s most influential voices in jewelry will be solidified this f... read more..

Pomellato Back in LA with New Beverly Hills Boutique

The store is the brand’s fourth in the United States. Los Angeles—Pomellato has returned to the City of Angels. On Aug. 24, the jewelry brand opened a 1,700-square-foot flagship store in the upscale ... read more..

NC Jeweler Sentenced in $3.5M Investment Fraud Scheme

A district judge sentenced Charlotte-area jeweler Benjamin Abraham to 41 months in prison.Charlotte, N.C.—A North Carolina jeweler was sentenced Friday for wire fraud, the U.S. Attorney’s Office for t... read more..

Forevermark Lends Support to Rhino Conservation Awareness

The diamond brand is supporting one of 21 artists who have created works to bring attention to dwindling rhino populations in sub-Saharan Africa.London—Forevermark has helped fund an art project inten... read more..

Movado Group Appoints Former Saks CEO to Board

Stephen Sadove brings more than 25 years of leadership experience to the position.Paramus, N.J.—Movado Group has announced the appointment of Stephen I. Sadove to its board of directors. Sadove bring... read more..

RJO Foundation Launches 100+ Club

The club is comprised of RJO members committed to supporting the foundation’s scholarships.Minneapolis, Minn.—The RJO Foundation recently launched its 100+ Club, a group of RJO members committed to su... read more..

5 Jewelry News Stories You Shouldn’t Miss

Catch up on the biggest crime threat to retailers today, the rise in women’s watches and one editor’s trip to a sapphire mine in Montana.New York—Here are five jewelry new stories from the week of Aug... read more..

TrueFacet Launches Brand-Certified Category

The online marketplace for pre-owned jewelry and watches is partnering with seven brands to guarantee the authenticity of their pieces.New York—Online marketplace for pre-owned jewelry and watches Tru... read more..

Gemstone Expeditions Plans Trip to Colombia to Cap Off 2018

The eight-day journey in October offers the trade the chance to visit the famed Muzo and Coscuez emerald mines.New York—For its last trip of the year, Gemstone Expeditions is offering the trade the ch... read more..

Longtime Supplier Kitsinian Opening Store in CA

It will be located in Santa Clarita, California, and carry the jewelry brands Kitsinian manufactures.Santa Clarita, California—SA Kitsinian, a supplier to the jewelry industry since the 1970s, will op... read more..

Piece of the Week: David Webb’s Sautoir

The sapphire, emerald and rock crystal piece is featured in the brand’s fall/winter ad campaign.David Webb’s fall/winter ad campaign lensed by Juergen Teller features a group of the brand’s boldest je... read more..

GIA Finds Imitation Emerald Made of Layered Glass

The 3.35-carat stone had a natural beryl core; glass layers were attached to it with a “colorless cement.”New York—Another gem has surfaced at a lab that was not entirely what it seemed. A 3.35-carat ... 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.