A combination of factors is driving growth in the industry despite the precipitous drop in prices across the board.
Industry Veteran Scott Sedlacek Joins Goldiam
He is the new vice president of sales and business development, and will represent the company’s natural and lab-grown diamond lines.
New York—An industry veteran with retail, wholesale, manufacturing and marketing experience has joined the Goldiam USA team.
Scott Sedlacek is the new vice president of sales and business development for the jewelry manufacturer.
He will represent both the natural diamond collection distributed by Goldiam USA since 2008, as well as the company’s lab-grown diamond offerings.
Previously, the company sold its lab-grown diamond production exclusively into the wholesale market, offering loose stones to other manufacturers only.
Now, Goldiam USA will sell both mounted and unmounted lab-grown diamonds to current and new retail partners.
One of India’s largest jewelry manufacturers, Goldiam is based in Mumbai and has multiple facilities in the city’s SEEPZ district, a special economic zone. The company said it is the only manufacturer with Responsible Jewelry Council certification to combine a proprietary production of man-made diamonds with company-owned-and-operated jewelry manufacturing.
Sedlacek joins Goldiam USA, which is headed by CEO Devang Jhaveri, after working as the director of retail operations at Gabriel & Co., and spending a year as president of sales and business development at R.A. Riam Group Inc. and its lab-grown diamond division, Altr Created Diamonds.
He also worked for five years as a vice president and board member at Wilmington, N.C.-based chain Reeds Jewelers.
“As retail continues to evolve, manufacturers must help their partners in the vital e-commerce realm, and Goldiam is a leader in being able to drop-ship for our retailers,” he said in a press release announcing his hire.
“I am very excited to be able to offer the extensive collections of mined and lab-grown diamond jewelry with both great prices and service.”
Sedlacek can be reached via email at Scott@Goldiam.com.
The Latest
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.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
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.
Ho Brothers offers scalable solutions for the future of custom jewelry.
Highlighting the most iconic Tiffany collections, it’s inspired by the company’s late window designer, Gene Moore.
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 retailer previously turned down an $8.4 billion offer in 2018.
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."
The jewelry giant also posted a double-digit drop in same-store sales for the full year.
Elvis gave the watch to actress Dodie Marshall after filming “Easy Come, Easy Go.”
The Gianmaria Buccellati Foundation Award for Excellence in Jewelry Design was presented to a graduate of the GIA school in Taipei.
The man was charged with money laundering in connection with the theft of gold, silver, and platinum over the course of three years.