The report shows that couples are searching for vintage and antique rings, gold jewelry, pearls, and colorful pieces.
Jewelry Crime Drops Again, Falling 15% in 2015
The Jewelers’ Security Alliance’s annual report for 2015 shows that the total number of crimes against the industry decreased from 1,381 in 2014 to 1,177 last year.
New York--The number of crimes committed against the jewelry industry continued its steady decline in 2015.
According to the annual crime report compiled by the Jewelers’ Security Alliance, the number of crimes against the industry decreased from 1,381 in 2014 to 1,177 in 2015, a nearly 15 percent drop.
Two jewelers lost their lives during crimes against jewelry firms in 2015, compared to three in 2014. The number of jewelers who were victims of non-fatal shots dropped from 15 to three.
Total dollar losses also were down, declining from $77.8 million in 2014 to $69.3 million in 2015, an 11 percent decline. When adjusted for inflation, JSA data shows that dollar losses have dropped 63 percent since 1998 and 23 percent in the last five years.
The 2015 report, which was released late Friday, cited information sharing and “excellent” police work as the two factors that continued to drive down the crime rate.
In 2015, police arrested members of two large smash-and-grab robbery rings, one that operated out of Detroit and one that was based in Oakland, Calif. The arrests of some of the individuals linked to the Oakland robbery crew happened after the FBI received a tip to check photo-sharing social media site Instagram for “incriminating” photos.
These two rings contributed to an “explosion” in the number of smash-and-grabs in 2014, according to the JSA. After they were taken out of commission, the number of smash-and-grab robberies dropped by exactly half, from 48 in the first six months of 2015 to 24 in the second.
The FBI and major law enforcement agencies also arrested a major rooftop burglary gang, which cut incidences of this type of crime from 36 in 2014 to 19 in 2015.
“While the diamond, jewelry and watch industry is still a dangerous business, nevertheless, the long term trend in jewelry crime is still firmly down,” JSA President John J. Kennedy said in the news release accompanying the report. “The significant decline that JSA has seen in crime is due to the greater sharing of crime information within the industry and with law enforcement, and from the terrific cooperation that the industry receives from the FBI and local law enforcement agencies.”
To view the full report, visit JewelersSecurity.org.
National Jeweler will follow up with a more in-depth look at the JSA’s 2015 statistics later this week.
The Latest
He’s remembered as a “font of passion,” leaving behind a legacy of dedication to his craft and community.
The first one will take place next month during the Jewelers of Louisiana’s and Mississippi Jewelers Association’s conventions.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
The redesigned boutique features interactive displays and a workshop space for hands-on learning about watchmaking.
There is a willingness to comply with new government-mandated regulations, with an insistence that they should be practical and realistic.
A combination of factors is driving growth in the industry despite the precipitous drop in prices across the board.
Ho Brothers offers scalable solutions for the future of custom jewelry.
The zone’s modernization will enhance and increase India’s jewelry manufacturing capabilities while aiding small and mid-sized businesses.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
The company plans to invest $25 million in marketing initiatives to boost awareness around its namesake and licensed brands.
Optimism about the current state of the economy was offset by anxiety around inflation and the political environment.
The former WJA executive director is MFM’s new managing director.
DDG encourages retailers to educate customers on the positive impact of purchasing natural diamonds.
Highlighting the most iconic Tiffany collections, it’s inspired by the company’s late window designer, Gene Moore.
Jen Cullen Williams and Duvall O’Steen explore how jewelers can save time and money by using AI to analyze engagement and create content.
The retailer previously turned down an $8.4 billion offer in 2018.
The Florida store’s owner Miguel Gonzalez is retiring.
The lab stresses the importance of accurate identification, as the difference in price is “substantial.”
The brand also plans to expand its retail footprint from 138 to 200 stores over the next three years.
One is reserved for a NAJA member, the other for a non-member.
Longtime employees Carie Lehrke and Megan Mattice have received promotions.
Three guests joined National Jeweler and Jewelers of America to discuss trending time periods, spotting reproductions, and more.
Chris Clipper and Robert Lepere join the company with 50 years of combined experience.
The trendy, metallic earrings wink at classic spring colors.
The miner’s March auction generated $19 million.
Helen McCluskey will succeed H. Todd Stitzer when he meets his 12-year term limit in June.