March 2020

Connecticut Jeweler Killed in Suspected Armed Robbery

Mark Vuono, owner of Marco Jewelers in Stamford, Connecticut, was found dead in his store Saturday afternoon.Stamford, Conn.—Jewelry store owner Mark Vuono, 69, was found dead Saturday afternoon in wh... read more..

5 Tips on Public Relations During a Crisis From an Expert

Now is not the time to stop communicating, says Cindy Krupp.New York—Cindy Krupp may have more than 20 years of public relations experience, but she’s the first to admit that the coronavirus poses cha... read more..

On Data: The Questions You Need to Ask About CARES

In another special edition of On Data, Sherry Smith says jewelers need to consult their team of experts about the Coronavirus Aid, Relief and Economic Security Act.The first confirmed coronavirus case... read more..

De Beers’ Third Sight of the Year Is Canceled

It was scheduled to take place this week in Gaborone, Botswana.Gaborone, Botswana—De Beers Group has canceled its third sight of the year, which was scheduled to take place this week in Gaborone, Bots... read more..

Gemfields Suspends Gemstone Auctions Amid COVID-19

It also provided an update on its mining, exploration and retail operations across the world.London—Colored gemstone miner Gemfields said it expects the COVID-19 crisis to have a “significant detrimen... read more..

Sotheby’s Just Had a Very Successful Online Jewelry Auction

It boasted the best sell-through rate of any of the auction house’s online jewelry sales.New York—While economic uncertainty is rife amid the coronavirus’ hold on the United States, consumers recently... read more..

Pandora Bolsters Marketing Team Amid Reorganization

The Danish jeweler added three new members to its marketing team as parts of its multipart strategic reorganization.Copenhagen, Denmark—Pandora added three new faces to its marketing team as part of i... read more..

Gem Legacy Raising Emergency Funds for Students

Two school closings in Tanzania and Kenya amid coronavirus has left more than 250 kids at risk of malnutrition without government-sponsored lunches.Royal Oak, Mich.—Industry nonprofit Gem Legacy has l... read more..

10 Jewelry News Stories You Might Have Missed

Store closures, the RapNet row, auction house updates and more.New York—Our coverage of COVID-19 continued this week with accounts of more store closures, a RapNet row and a call for togetherness from... read more..

How the Big Jewelers Are Weathering the Coronavirus

From store closures to employee benefits, here’s how U.S. specialty jewelers are handling business in the midst of COVID-19.New York—The coronavirus pandemic is hitting retailers hard as the call for ... read more..

MK Diamonds’ Julio Ramirez Dies at 43

He succumbed to an undiagnosed illness with symptoms similar to the coronavirus.Los Angeles—Julio Ramirez, a husband and father of two and a beloved member of the M.K. Diamonds family, died in his sle... read more..

Movado’s Q4 US Watch Sales Down 25%

The watch company has closed all its retail stores in the U.S., the U.K., and Canada amid the coronavirus pandemic.Paramus, N.J.—Movado Group’s U.S. watch and accessories sales suffered a 25 percent d... read more..

Piece of the Week: Deborah Pagani’s Honey Cocktail Ring

It’s available in a multitude of gemstone options.Even if you’re living that work-from-home life for the foreseeable future, there’s no time like the present to wear all of your favorite jewels, or ma... read more..

Signet Beats Expectations in Q4, Leans on Online Sales

With its stores closed in light of the coronavirus, the jeweler is cutting costs and looking to online sales to help carry it through rough waters.Akron, Ohio—Signet Jewelers Ltd. ended its fiscal yea... read more..

The Rap Price List Is Suspended Until May 1

While it remains in limbo, others are stepping in to offer free membership or even launch new platforms.New York—The Rapaport Group won’t publish a new price list for the next five weeks with the spre... read more..

Kering, LVMH Offer Masks, Hand Sanitizer to Combat Coronavirus

The luxury titans are converting production facilities to produce medical supplies as their home countries of Italy and France face the coronavirus pandemic.New York—Kering is pitching in to combat th... read more..

Alrosa Is Selling Its Big Rough Diamonds Online

Due to travel restrictions put in place because of COVID-19, the miner is offering its specials and 3D scans with data online.Moscow—Due to travel restrictions imposed during the coronavirus pandemic,... read more..

Jewelry Designers’ Production Grinds to a Halt in NYC, Los Angeles

Meanwhile, international production is turning into a saving grace.New York—Within a week, the COVID-19 global health pandemic has forced domestic jewelry production to a halt. “It’s pretty much enti... read more..

Former H&M Exec to Lead Pandora’s Turnaround

Martino Pessina is joining the company as its first chief commercial officer.Copenhagen, Denmark—Pandora has filled the position of chief commercial officer, a new role created as part of its turnarou... read more..

Northeastern Fine Jewelry Lends a Hand to Local Restaurants

The family-owned jeweler is donating a portion of its gift card proceeds to local restaurants in the Capital Region in New York as both weather the coronavirus pandemic.Schenectady, N.Y.—Northeastern ... read more..

Retail Orgs Urge Federal Help in Letter to White House

JA, JVC and WJA were among ninety organizations asking for the swift passage of a stimulus package to keep businesses afloat amid the coronavirus crisis.Washington, D.C.—The retail industry is asking ... read more..

Companies Pull Goods off RapNet in Droves After Price Cut

Mobilized via Instagram, hundreds of companies have removed their diamonds from the trading platform in protest.New York—Hundreds of diamond companies have removed their goods from RapNet after Martin... read more..

Coach’s Corner: A Call for Togetherness

Columnist Pat Henneberry shares her thoughts on how members of the jewelry industry can support each other during these difficult times.Nowadays, you hear stories of Italians singing from their apartm... read more..

InStore Announces Webinars on Managing Crisis

Speakers will address handling physical inventory, improving digital marketing and the logistics of reducing hours and staff in the time of COVID-19.Montclair, N.J.—Over the next week, jewelry industr... read more..

CBG, JIS Push Jewelry Trade Shows Back to Fall

The American Watchmakers-Clockmakers Institute also has postponed its Time-Con event.Bay Harbor Islands, Fla.—The Continental Buying Group and Preferred Jewelers International are postponing their ann... read more..

GIA India Announces Leadership Changes

Nirupa Bhatt will step down as managing director, to be succeeded by Vice President of Lab Operations Sriram Natarajan.Carlsbad, Calif.—GIA India announced Managing Director Nirupa Bhatt will step dow... read more..

Signet Temporarily Closes All North American Stores

The retailer’s employees will be paid through April 4, but may soon face reduced hours and pay as the coronavirus weighs on the company’s balance sheet.Akron, Ohio—Signet Jewelers Ltd. announced the t... read more..

Here’s How the Auction Houses Are Responding to Coronavirus

A rundown on which jewelry and watch auctions have been postponed, which are taking place online, and how the houses are operating.New York—The spread of the coronavirus has forced the closure of busi... read more..

Russ Shor Leaves GIA, Starts Consulting Company

The longtime industry journalist and analyst is working as a consultant on sustainability issues.Carlsbad, Calif.—After nearly 20 years at the Gemological Institute of America, Senior Industry Analyst... read more..

JA Has a Series of Coronavirus-Related Webinars Coming Up

Education topics include employment law, forming deeper bonds with consumers in an emergency and a variety of legal issues pertaining to COVID-19.New York—Jewelers of America is holding a series of we... 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.