February 2019

5 Jewelry News Stories You Might Have Missed

Barneys high-brow headshop in Beverly Hills and Katy Perry’s show-stopping engagement ring were among the talk-of-the-town topics last week.New York—Falling behind on the week’s jewelry news? Here are... read more..

Signet Offers Employees Exit Plan as It Looks to Cut Costs

Layoffs will follow if the cost-cutting target is not met.Akron, Ohio—Signet Jewelers Ltd. is offering a “voluntary transition program” to its more than 3,000 corporate employees in Akron, Ohio, and D... read more..

Samuels Jewelers to Shutter Stores, Creditors Object

Primary lender Wells Fargo submitted a $16 million credit bid for all the Texas-based retailer’s assets, but some vendors want their consigned goods exempt from the deal.Wilmington, Del.—Samuels Jewel... read more..

De Beers’ Sales Rise but Earnings Sink

The company warned that the global diamond jewelry market “faces a number of headwinds” in 2019.London—De Beers’ sales increased in 2018 but profits tumbled due to the money it spent on initiatives li... read more..

Piece of the Week: Nora Kogan’s Extra Sweet Earrings

Missed Valentine’s Day? Make it up with this adorable enamel style.Missed gifting someone, or yourself, on Valentine’s Day?Make it up to them (or you) with these extra sweet earrings from Nora Kogan.T... read more..

Lab-Grown Diamonds Land at Place Vendôme

Courbet is headed by a former Richemont executive and a marketing executive turned jewelry designer.Paris—Place Vendôme is where César Ritz opened his celebrated hotel that housed Coco Chanel and serv... read more..

These Colors Will Be Trending Next Fall

Pantone is predicting these 12 particular shades will be prevalent in design.Newstadt, N.J.—The Pantone Color Institute has released its fall/winter 2019 color report. Done twice annually in conjunct... read more..

This Database of Gemstone Inclusions Is Now Open to All

Bangkok lab Lotus Gemology compiled the photo database, which is free and available to anyone who needs it.Tucson, Ariz.—Bangkok-based laboratory Lotus Gemology just made its inclusion photography arc... read more..

IDEX Names Ya’akov Almor Its New Editor-In-Chief

The communications veteran worked as a writer and editor for the trade publication when it was first established nearly 20 years ago.Ramat Gan, Israel—The International Diamond Exchange (IDEX) has nam... read more..

This 88-Carat Oval Diamond Could Sell for $12M

The flawless D-color stone leads the Sotheby’s Hong Kong jewelry auction on April 2.Hong Kong—This spring, Sotheby’s Hong Kong will put an oval diamond it calls “perfect according to every critical cr... read more..

Katy Perry’s Engagement Ring Takes a Cue from Royal Style

The pop singer opted for a traditional look to mark her engagement to Orlando Bloom, with a mega-watt center stone.New York—No diamond solitaires for pop star Katy Perry.Instead, to mark her engagemen... read more..

Jewelry Will Be Part of Barneys High-Brow Headshop

It opens next month at the Barneys store in Beverly Hills and has the perfect name.Beverly Hills, California—Barneys New York is opening what amounts to a high-end headshop at its Beverly Hills store,... read more..

223-Carater Uncovered in Botswana

The diamond came from Karowe, the mine that produced the second largest rough diamond ever found.Gaborone, Botswana—Karowe, the Botswana diamond mine that produced the second largest rough diamond in ... read more..

NRF Revises Holiday 2018 Retail Sales Downward

Despite initial reports to the contrary, the National Retail Federation said economic uncertainty weakened holiday spending.Washington—Despite initial reports to the contrary, the National Retail Fede... read more..

Did Consumers Show Jewelers Love on Valentine’s Day?

Among the 10 retailers interviewed by National Jeweler, most said: not really.New York—How much love did consumers have for fine jewelry this Valentine’s Day? Not a ton, according to the 10 jewelers ... read more..

Karl Lagerfeld, Father of Fashion, Dies at 85

The designer shaped not only fashion, but culture, through his work at Chanel and Fendi.Paris—Chanel announced Tuesday that creative director Karl Lagerfeld has died. He was 85.The French fashion hous... read more..

Greenland Ruby Finalizes Traceability Program

The miner also has rolled out color range sample sets of its Greenlandic gems.Tucson, Ariz.—Greenland Ruby, the company currently mining ruby and pink sapphire on the ice-covered island, has rolled ou... read more..

5 Jewelry News Stories You Might Have Missed

Retail predictions for 2019, a new tool for communicating color and Pandora’s new CEO all made headlines last week.New York—Need to catch up on last week’s jewelry news? Here are five stories to get y... read more..

Another Survey Shows Dip in Engagement Ring Spending

The Knot says couples spent about 2 percent less on their engagement rings in 2018.New York—Weddings with a personal flair were all the rage in 2018, but U.S. couples spent less on a few key elements ... read more..

Pandora Names Sixth CEO Since 2010

Alexander Lacik has decades of experience in consumer goods, most recently as CEO of child safety product company Britax Ltd.Copenhagen, Denmark—Pandora’s board of directors has hired Alexander Lacik ... read more..

Here’s What’s Happening in Jewelry at London Fashion Week

The Jewellery Cut is hosting a two-day event jam-packed with design and education.London—London Fashion Week starts today, and though most eyes will be on the autumn/winter 2019 fashions, The Jeweller... read more..

Kering Sees Strong Year, Growth in Watches and Jewelry

The luxury titan’s top-performing brand, Gucci, has plans for a high jewelry category next June.Paris—Luxury powerhouse Kering reported strong full-year results, buoyed by growing demand from Chinese ... read more..

Piece of the Week: Brooke Gregson Trapiche Emerald Necklace

It’s an ode to the Tucson gem shows and Valentine’s Day all in one.One might assume red rubies or pink sapphires and tourmalines are the gemstones that best represent Valentine’s Day classic colors, b... read more..

Amanda’s Style File: Valentine’s Day Jewels

These 14 pieces of jewelry are perfect for the day bringing love to light.Valentine’s Day catches a lot of flak for being a “Hallmark” holiday, but in the crazy and chaotic world today that is fueled ... read more..

4 Predictions on Retail and Diamond Desire in 2019

It will be a watershed year for man-made diamonds, Editor-in-Chief Michelle Graff writes.Last month, I had the pleasure of traveling to sunny Scottsdale, Arizona for the annual Centurion show and of c... read more..

Sears Chairman Completes $5.2 Billion Acquisition

Eddie Lampert’s multi-billion-dollar bid will keep more than 400 Sears and Kmart stores open.New York—In the latest chapter of the Sears saga, Chairman Eddie Lampert’s private equity firm ESL Investme... read more..

Watches & Wonders Returns to Miami

Brands like Chopard and Tiffany & Co. have signed on for the second Miami edition of the consumer event, slated for Feb. 15 to 17.Miami—Consumer watch and jewelry show Watches & Wonders moved ... read more..

Rubies Take Center Stage on ‘Sunday Morning’

The CBS morning talk show just aired a segment on the gemstone that included Elizabeth Taylor, Irving Berlin and this outstanding Oscar Heyman necklace.New York—Gem lovers who were up early this past ... read more..

Michigan Jewelry Store Closes Its Doors After 102 Years

Tom Cunningham, owner of the Michigan jewelry store Yax Jewelers, is retiring to spend more time with his family and his golf clubs.Howell, Michigan—Yax Jewelers opened its doors in 1917 in Howell, Mi... read more..

Gübelin’s Blockchain for Gems Now Open to the Industry

The Swiss gem lab’s Provenance Proof technology debuted during AGTA GemFair.Tucson, Ariz.—Gübelin’s blockchain for colored stones, developed in partnership with Everledger, is now available to the ent... 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.