Financial Results


Signet Reaches $240M Settlement in Shareholder Lawsuit

April 3, 2020
The company denies the allegations, but said it reached a settlement to avoid spending more time and resources on the case.

Movado’s Q4 US Watch Sales Down 25%

March 27, 2020
The watch company has closed all its retail stores in the U.S., the U.K., and Canada amid the coronavirus pandemic.

Signet Beats Expectations in Q4, Leans on Online Sales

March 26, 2020
With its stores closed in light of the coronavirus, the jeweler is cutting costs and looking to online sales to help carry it through rough waters.

Tiffany Sees Q4 Sales Bump, Braces for Coronavirus Hit

March 20, 2020
The jeweler’s main focus is preparing to weather the coronavirus pandemic, said CEO Alessandro Bogliolo.

Pandora Closes US Stores as COVID-19 Escalates

March 19, 2020
The jeweler also has scrapped its previously stated financial guidance in the wake of the pandemic.

Gem Diamonds Uncovers Six Notable Stones

March 16, 2020
The miner also reported a dip in revenue and the number of carats recovered in 2019, which it attributed to an overall weakness in the market.

Alrosa’s Diamond Sales Falter in February

March 11, 2020
After a strong start to the year, uncertainty surrounding the continuing spread of COVID-19 weighed on the miner’s sales.

5 Jewelry News Stories You Might Have Missed

March 8, 2020
An update on U.S. trade shows as coronavirus cancellations mount, a collection perfect for Women’s History Month, Pandora reorganizes, and more.

De Beers’ Sales Take a Dive Due to Coronavirus

March 5, 2020
The company is letting sightholders defer as suppliers grapple with the drop in demand in China.

Lucara Found 31 Diamonds Over 100 Carats Last Year

February 25, 2020
Recoveries included the 1,758-carat Sewelô diamond, which it is cutting in partnership with Louis Vuitton.

De Beers Expects to Up Diamond Production This Year

February 24, 2020
The company has a cautiously optimistic outlook for 2020 despite a down year in 2019 and various economic challenges, including coronavirus.

Kering’s Jewelry Houses See Double-Digit Growth in 2019

February 12, 2020
CEO François-Henri Pinault said the company “remains confident” despite the coronavirus’ effect on the key Chinese market.

Like De Beers, Alrosa Sees Improvement in Early 2020

February 11, 2020
It said demand for rough diamonds is “steady” as cutters restocked following a solid holiday season.

E-Commerce Site Farfetch Raises $250M

February 11, 2020
The company plans to put the capital towards its expansion, particularly into the Chinese market.

5 Jewelry News Stories You Might Have Missed

February 7, 2020
Tiffany shareholders approve LVMH deal, suspects charged in theft of an heiress’ jewelry, on-the-ground updates from Tucson, and more.

How Macy’s Plans to Save Itself

February 6, 2020
The retailer has a five-step plan, including closing 125 stores over the next three years and reducing its headcount by 2,000 employees.

Tiffany Shareholders Approve LVMH Acquisition

February 5, 2020
LVMH CEO Bernard Arnault called the approval a “significant milestone” in completing the deal.

Pandora’s Q4 Results Suffer as Weak Sales in China Take A Toll

February 4, 2020
CEO Alexander Lacik told Reuters the jeweler’s business in China is in “standstill mode” as a result of the coronavirus.

5 Jewelry News Stories You Might Have Missed

January 31, 2020
WJA’s first ad campaign, the WDC’s new executive director and more news to catch up on before the Tucson gem shows kick off.

US Gold Jewelry Demand Up 2% in 2019

January 31, 2020
But the jump in the gold price in Q3 contributed to a 6 percent decline in global demand in the full year.
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.