The nearly six-month pause of operations at its Kagem emerald mine earlier this year impacted the miner’s first-half results.
Scott Sedlacek Joins Lab-Grown Diamond Co.
The longtime Ben Bridge and current Reeds Jewelers executive is now heading sales for Altr Created Diamonds and its parent company, Riam Group.
New York--Longtime Ben Bridge and current Reeds Jewelers executive Scott Sedlacek is now heading sales for diamond company R.A. Riam Group and its lab-grown arm, Altr Created Diamonds.
Sedlacek started his career in the jewelry industry in 1975 with Ben Bridge Jeweler.
He stayed with the family-owned independent for nearly 24 years, ending his career there as vice president of merchandise.
He left in 1999 to join Rolex Watch USA as an area sales manager and worked there for eight years.

Since then, Sedlacek has held positions at Columbia Gem House, the HRA Group and Reeds Jewelers, where he’s been the vice president of merchandise for the last five years.
At Altr/Riam, Sedlacek will be the new president of sales and business development, leading the Riam Group and Altr sales teams, with a focus on the man-made diamonds that Altr grows, cuts and sets into jewelry.
“The addition of Scott to our sales team is especially welcome given our exciting and burgeoning expansion into lab-grown diamonds. His strong, winning attitude and personality are assets that will complement and enhance both Riam Group and Altr with regard to our ability to meet the needs of our customers as we continue to provide quality, innovative products to the marketplace,” said Amish Shah.
Shah is president of Altr and the Riam Group, a family-owned company that has been in the mined diamond business for nearly eight decades.
Riam launched Altr, its man-made diamond arm, in 2016. This year in Las Vegas, the company introduced “Lovemonster,” a brand for its created diamonds.
The Latest

The necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.

The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

Jewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.


Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.

The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

Senior Editor Lenore Fedow learned a lot when she took a behind-the-scenes factory tour with the jewelry brand earlier this year.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.

The online auction house’s September sale will feature rough Brazilian emeralds of various qualities.

She’ll lead an executive committee consisting of President-Elect Bryan Moeller, Mitchell Clark, Bill Farmer, and Larry Rickert.

Announced Sunday, the deal will set the tax on goods imported into the United States from the European Union at 15 percent.

A new edition of the Italian brand’s “Ipanema” collection has debuted with gemstones that evoke Brazil’s breathtaking views.

The retailer will refer its customers to WonderCare, founded by venture capitalist and watch collector Kevin O’Leary.

The jeweler’s largest store yet is set to open in Little Rock next fall.

Anne Hathaway was seen wearing the toggle necklace three times while filming scenes for “The Devil Wears Prada 2.”

Jewellery & Gem World Hong Kong is scheduled for Sept. 15 to 21, and buyer pre-registration will be available until Sept. 7.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

Mark and Candy Udell of London Jewelers will receive the honor at the 24th annual Gem Awards next March.

While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.

The “Fantasia” jewelry collection turns the intaglio animals from her “Close Encounters” collection into 3D characters.

The special Classic Avi Chronograph 42 with an Eagles-green dial is limited to 59 pieces, a nod to the Super Bowl Philadelphia just won.