By Michelle Graff
On Monday, the Museum of Art and Design in New York held its annual Loot: MAD about Jewelry exhibition and sale showcasing pieces from emerging and established jewelry designers. The museum also honored Friedrich Wille and Simone Grunberger-Wille of Austrian brand Frey Wille with its award for contemporary art jewelry.
The sale of an 8.41-carat fancy vivid purple-pink diamond set a new record in Hong Kong while Neiman Marcus came out with its Christmas Book and J.C. Penney announced plans for profitability that include a focus on fine jewelry.

See it all in this week’s slideshow.

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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.