June 2020

Swarovski Latest to Announce Job Cuts, Slashing 600 Positions

The crystal company is undergoing a restructuring as the COVID-19 pandemic sinks sales in the United States and Asia.Wattens, Austria—Swarovski plans to cut 600 jobs, or about 2 percent of its workfor... read more..

The Company That Owns the Cullinan Mine Is Up for Sale

Petra Diamonds is looking for a buyer for some or all its assets.London—Saddled with hundreds of millions of dollars in debt and facing a diamond market hobbled by COVID-19, miner Petra Diamonds has p... read more..

AIGS Opens Lab in Shanghai

The Bangkok-based institute aims to meet the growing demand for gemstone reports in China.Bangkok—The Asian Institute of Gemological Sciences has expanded its footprint with the opening of a lab in Sh... read more..

Alrosa Reopens Mine After Coronavirus-Related Shutdown

The International mine is back up and running less than week after a dozen employees tested positive for COVID-19.Moscow—Alrosa has reopened one of its mines less than a week after a dozen employees o... read more..

Amanda’s Style File: Crazy for Cabochons

Jewelers of America’s Amanda Gizzi spotlights a colorful array of cabochon gemstones.Gemstone jewelry is as popular as ever, largely because gems have the remarkable ability to speak to consumers on a... read more..

How Small Businesses Are Faring, By the Numbers

A survey by the National Federation of Independent Business took a look at COVID-19 business disruptions, PPP and EIDL loans, and more.Nashville, Tenn.—Small businesses have been hit especially hard b... read more..

Sorellina’s New Jewels Are Sweet for Summer

The latest collection from the sister duo is an ode to sweetness.New York—Sorellina’s newest collection celebrates summer sweetness.“Fragola,” Italian for “strawberry,” features a range of Sorellina f... read more..

GIA Reopens NY Lab for Business

But its school in the city remains closed.Carlsbad, Calif.—After shutting down during the coronavirus pandemic, the GIA’s laboratory in New York City is back open for business. Beginning today (June 2... read more..

Visitor Finds 2.23-Carat Diamond in Arkansas

The brown stone is the largest found in the Crater of Diamonds state park so far this year.Murfreesboro, Ark.—A recent visitor to Crater of Diamonds uncovered a 2.23-carat diamond during her visit, ma... read more..

10 Jewelry News Stories You Might Have Missed

Jewelry cleaning tips from an expert, two fancy colored diamond hearts set to hit the auction block, and more.New York—Last week, Patek Philippe finished its $600 million production facility, the Hong... read more..

3 Suspects Indicted in Fatal Robbery of CT Jewelry Store

The superseding indictment features a Hobbs Act robbery charge and two new ones: interstate transportation of stolen property and using a firearm to cause a death during a robbery.Stamford, Conn.—A fe... read more..

Macy’s to Lay Off 3,900 Employees Amid Restructuring

The department store chain is cutting costs as the effects of the COVID-19 pandemic weigh on its business.New York—Macy’s Inc plans to lay off 3,900 corporate and management employees, or 3 percent of... read more..

Buccellati’s New Ad Campaign is a Love Letter to Rome

The Buccellati-cut diamond, created in honor of the brand’s centenary, makes an appearance.Milan—Buccellati’s newest advertising campaign pays homage to its iconic Italian history. The jeweler, based ... read more..

Pandora Names New Chief Supply Officer

Jeerasage Puranasamriddhi will lead the jewelry company’s global supply operations.Copenhagen, Denmark—Pandora has appointed Jeerasage Puranasamriddhi as its new chief supply officer, tasked with lead... read more..

Piece of the Week: Aaryah’s Alternative Engagement Ring

It features a responsibly sourced Canadian diamond.The symbolism behind engagement rings or wedding bands can extend beyond a mark of one’s betrothal or eternal commitment. Many of today’s brides veer... read more..

JVC, Jewelers Mutual Introduce Online AML Program

Called JewelPAC, the program assures compliance with the anti-money laundering requirements of the USA PATRIOT Act.New York—The Jewelers Vigilance Committee and Jewelers Mutual Group have launched an ... read more..

Tacori Is About to Be the Jewelry Star of a New Reality Show

The company has also extended a special platinum promotion to boost business for retail partners.Los Angeles—Tacori is headed for the small screen this summer.The Los Angeles-based jewelry maker’s sty... read more..

Jared’s New Pride Rings Celebrate, Support LGBTQ Community

All proceeds from the new rainbow rings will benefit the Can’t Cancel Pride fund, which supports organizations struggling to fundraise amid COVID-19.Akron, Ohio—Jared the Galleria of Jewelry has creat... read more..

WJA Foundation Announces $2K COVID-19 Relief Grant

It will benefit a member with a small business who has been impacted by coronavirus-related closures.New York—The Women’s Jewelry Association Foundation has announced it will use the contributions rec... read more..

Jewelry Cleaning Tips Straight from an Expert

Kingswood Company President Kristie Nicolosi talks cleaning routines, the drawbacks of using alcohol on jewelry, and the difference between cleaning and disinfecting.Columbus, Ohio—This spring, one of... read more..

Signet Names New Chief Digital Officer

Former Citibank executive Rebecca Wooters will oversee the retailer’s digital strategy as it looks to upgrade its e-commerce capabilities.Akron, Ohio—Signet Jewelers Ltd. has named Rebecca Wooters as ... read more..

Houston Jeweler Donates Over 1,000 Pins to Health Care Workers

Valobra Master Jewelers has been producing gold-plated silver pins to thank doctors, nurses and medical staffers on the frontline of the fight against COVID-19.Houston—A jeweler with ties to Italy and... read more..

India’s GJEPC Appoints New Chairman

Colin Shah is the new head of the Gem & Jewellery Export Promotion Council, taking over for Pramod Agrawal, whose term has expired.Mumbai—The Gem & Jewellery Export Promotion Council, the gove... read more..

Omi Privé Launches Enhanced Website, Necklace Giveaway

It also will donate $1,000 to the recently launched Art Smith Memorial Scholarship Fund at FIT, supporting black students in the school’s jewelry design program.Los Angeles—Omi Privé is celebrating it... read more..

Joseph DuMouchelle Pleads Not Guilty in Wire Fraud Case

The prominent Michigan jeweler and auctioneer now faces a criminal information in the multi-million-dollar fraud case.Detroit—A new federal charge has been filed against a prominent Michigan jeweler i... read more..

Patek Philippe Finishes $600M Production Facility

The watchmaker created a limited-edition stainless steel Calatrava to mark the occasion.Geneva—Patek Philippe has finished construction on its new production facility in the Geneva suburbs and release... read more..

Hong Kong Jewelry Shows Postponed to 2021

Organizers pushed back the show dates due to an extension of coronavirus-related travel restrictions in Hong Kong.New York—The Hong Kong Trade Development Council (HKTDC) will not hold its two jewelry... read more..

Christopher Designs Has a New Marketing Director

Katherine Hamian is a creative to watch in the jewelry industry.New York—Christopher Designs has announced a new hire to breathe fresh life into its creative branding and marketing.Katherine Hamian is... read more..

Here’s the Latest on Neiman Marcus, JC Penney Bankruptcies

The retailers filed for bankruptcy protection for similar reasons, including mounting debt and the toll the coronavirus has taken on business.New York—The list of retail bankruptcies has grown longer ... read more..

These Fancy Colored Diamond Hearts Could Sell for $18M Total

The two lots lead the Sotheby’s Hong Kong Magnificent Jewels auction July 10 as the house resumes live events in Asia.Hong Kong—Sotheby’s will resume live auctions in Asia next month, starting with th... read more..
National Jeweler

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.