Goshwara’s “Rock ‘n’ Roll” earrings with garnet sugarloaf cabochons and diamonds in 18-karat yellow gold ($4,800). Our live coverage from Tucson explains why this may be a good year for garnets.
New York—With the Tucson gem shows underway, you may have fallen behind on last week’s industry news.

Catch up with these five jewelry news stories.

1. Suspects Charged in Theft of Formula 1 Heiress’ Jewelry
A mother and son are suspected of breaking into Tamara Ecclestone’s home and stealing an estimated $66 million worth of jewelry.

2. Live From Tucson: 9 Colored Gemstone Market Updates
Experts run down the list of stones finding new life in the market and reveal which gemstone is the current darling of the trade.

3. Tiffany Shareholders Approve LVMH Acquisition
LVMH CEO Bernard Arnault called the approval a “significant milestone” in completing the deal.

4. How Macy’s Plans to Save Itself
The retailer has a five-step plan, including closing 125 stores over the next three years and reducing its headcount by 2,000 employees.

5. Alrosa Latest to Cancel Hong Kong Event
The diamond miner joins the Hong Kong Trade Development Council and Swatch Group in canceling or postponing events due to coronavirus.

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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.