The report shows that couples are searching for vintage and antique rings, gold jewelry, pearls, and colorful pieces.
10 Jewelry News Stories You Might Have Missed
Lord & Taylor’s bankruptcy filing, Oscar Heyman’s holiday catalog, a record-setting Rolex auction, and more.
The jewelry industry also said goodbye to Roger Gesswein Jr., the third generation of his family to lead tools and equipment supplier Paul H. Gesswein Co.
He was remembered by loved ones for his dedication to the industry and his generous nature.
Read on for more of the top jewelry news from last week.
1) This Rolex Set a Record for a Watch Sold at an Online Auction
The 18-karat gold Daytona JPS Ref. 6264 garnered $1.5 million in a Sotheby’s single-lot sale.
2) 5 Retail Trends on Our Radar
From offering immersive micro-experiences to fostering safe and comfortable spaces, retailers across industries must keep getting creative to remain relevant to consumers.
3) GIA Will Start Using Artificial Intelligence for Diamond Clarity Grading
The system is currently being tested in New York and Carlsbad, with an industry-wide rollout expected next year.
4) Jewelers of America Board Elects New Director
Robert Marks is president of Rogers Jewelry Co. in Modesto, California.
5) Roger Gesswein Jr., a True Gentleman, Dies at 77
He was the third generation to lead tools and equipment supplier Paul H. Gesswein Co.
6) Amanda’s Style File: Peridot and Spinel
August is heating up, courtesy of some fantastic birthstone jewelry designs.
7) Oscar Heyman’s Holiday 2020 Catalog Is Its Biggest Yet
Though the photoshoot was delayed due to the coronavirus, the catalog will still arrive to jewelry stores in early October.
8) See Jewelry from the Brilliant Earth, Alrosa Collaboration
Ten percent of sales from the jewelry collection will go to Feeding America’s COVID-19 Response Fund.
9) On Data: Sales Show Continued Improvement in July
Following a “dismal” April and a “bleak” May, Sherry Smith notes that independent jewelers’ sales have warmed up recently, particularly in this one category.
10) Lord & Taylor Files for Bankruptcy, Seeks New Owner
The department store chain and owner Le Tote join the nearly 40 retailers that have filed for bankruptcy this year.
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.
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 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.
JSA said a man and woman pulled the safe out of an Oakland jewelry store but couldn’t quite get it into their van.
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.
“Chopard x Julia Roberts” showcases the first gems cut from the 6,000-carat-plus “Insofu Emerald."