Sponsored by the Las Vegas Antique Jewelry & Watch Show
Frederick Goldman Opens Factory for Lab-Grown Division
Located in Mexico, the facility will not grow diamonds but will manufacture jewelry set with lab-grown diamonds.
Secaucus, N.J.—Frederick Goldman Inc. is moving further into the man-made diamond space, expanding its factory in Mexico to include a lab-grown diamond jewelry manufacturing division, the company announced last week.
The facility will not be growing diamonds, a company spokesperson confirmed to National Jeweler, but will manufacture jewelry set with lab-grown diamonds.
The company entered the lab-grown diamond market in March when it acquired Love Earth, a bridal and fashion jewelry business, for an undisclosed amount.
The Mexico facility has an area dedicated to bridal created with natural diamonds and a newly built, separate facility for handling lab-grown diamonds.
Setters and jewelers based on New York’s Fifth Avenue trained the employees in Mexico, the company said.
Chief Operating Officer John Orrico said in a statement that Frederick Goldman’s Mexico operation was performing well overall, and the company has plans to “scale the capabilities as the needs grow.”
In addition to the expansion of the factory in Mexico, the company announced the launch of its Jewelry Solutions Group, which will focus on manufacturing custom-ordered jewelry, made with natural or lab-grown diamonds, and getting it to the customer in one week.
“We found that the market has a need for fast, on-demand solutions that are not typically offered by suppliers,” Orrico said.
The group will also offer services such as design, manufacturing and drop-shipping directly to customers.
The Latest
The Patek Philippe expert will serve as personal curator for the brand-focused company.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
Its updated book for mountings is also now available.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
The family-owned jeweler has a new education section on its website dedicated to the history of diamond cutting.