A number of majors reported their first quarter numbers this week, with very different results. Tiffany & Co. said that sales were down due to weak tourist and domestic spending, and Movado saw both sales and income decline in a difficult retail environment.

Meanwhile, Signet reported that both comps and sales were up in the three-month period, helped along in part by its Ever Us two-stone collection.

Another big diamond also stepped into auction spotlight this week, with Christie’s unveiling the “Cullinan Dream,” a 24.18-carat fancy intense blue diamond.

National Jeweler reported the results of its latest product pulse surveying jewelers about gold sales, and spoke with the author of the popular book Stoned about the role of jewelry in history and how perception influences value.

See it all and more in this week’s photo slideshow.


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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.