Market & Industry
Essential briefings on the global jewelry business. Covers metal and gem price fluctuations, lab-grown tech breakthroughs, and major corporate mergers or acquisitions.
Universal News
145 entries-
Neiman Marcus Downtown Dallas Flagship Store to Close Permanently
The historic Neiman Marcus flagship store in downtown Dallas will close its doors on September 30, 2026, marking the end of an era for the iconic retailer.
2026-06-03
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GIA Acquires 30% Stake in De Beers' Tracr Platform, Bolstering Diamond Transparency
The Gemological Institute of America (GIA) has taken a 30% stake in Tracr, De Beers' blockchain-based diamond tracking platform, aiming to make it an industry-wide standard.
2026-06-02
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Signet Jewelers Reports Modest Q1 Sales Growth Driven by Strategic Focus
Signet Jewelers announced Q1 sales of $1.55 billion, a 2% increase year-over-year, driven by strategic brand focus and strong holiday performances.
2026-06-01
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Dr. Akinwumi Adesina Appointed Chairperson of Botswana's Diamonds for Development Fund
Dr. Akinwumi Adesina, former AfDB President, named Chairperson of Botswana's Diamonds for Development Fund to drive economic diversification.
2026-06-01
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Gemfields Emerald Auction Nets $26.8 Million Amidst Market Caution
Gemfields reports $26.8 million in sales from its latest higher-quality emerald auction, noting stable but cautious demand and strong competition for top-tier stones.
2026-05-31
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RapNet Rebrands to Rapaport Trade, Unifying Diamond Industry Services
Rapaport announces a comprehensive rebrand, unifying its platforms under one name and launching Rapaport Trade, formerly RapNet, with new data-driven tools.
2026-05-31
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Signet Jewelers Acquires The Clear Cut to Enhance Luxury Diamond Offering
Signet Jewelers is acquiring The Clear Cut, integrating the natural diamond specialist into Blue Nile to bolster its luxury market position and digital capabilities.
2026-05-27
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De Beers Navigates Shifting Diamond Landscape Amid Rise of Lab-Grown Alternatives
De Beers faces a strategic dilemma as lab-grown diamonds gain popularity, prompting a focus on natural diamond value and younger consumers.
2026-05-25
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Industry Insiders Discuss Diamond Dilemma and Gold Price Volatility
Experts analyze the diverging US jewelry market, the competition between natural and lab-grown diamonds, and the impact of high gold prices.
2026-05-22
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Richemont's Jewelry Brands Shine in Fiscal Year Amid Market Volatility
Richemont reports robust fiscal year growth, led by its jewelry maisons like Cartier and Van Cleef & Arpels, despite geopolitical and economic uncertainties.
2026-05-21
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Stuller Unveils Expanded Packaging and Display Catalog for 2026-2027
Stuller's new 'Packaging & Displays 2026–2027' catalog offers jewelers over 30% new products, enhanced branding solutions, and intuitive merchandising options.
2026-05-21
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Botswana and Angola Join World Federation of Diamond Bourses
Botswana and Angola have been welcomed as nation affiliated members of the World Federation of Diamond Bourses (WFDB), signaling closer ties between producer nations and the trading community.
2026-05-20
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Fruchtman Marketing Enters New Era as Founders Retire, New Ownership Takes Helm
Ellen and Michael Fruchtman retire, selling their jewelry marketing agency, Fruchtman Marketing, to Erin Moyer-Carballea and Manuel Carballea.
2026-05-18
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Jewelry Market Divides: K-Shaped Economy Creates Two Distinct Consumer Groups
The jewelry industry is experiencing a K-shaped economic divide, splitting consumers into distinct spending groups, impacting strategies for retailers and manufacturers.
2026-05-17
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JCK Industry Fund Awards Over $330,000 to Nine Organizations for Industry Advancement
The JCK Industry Fund has announced its 2026 grant recipients, distributing over $330,000 to nine organizations supporting diversity, education, workforce development, security, and community initiatives within the jewelry industry.
2026-05-17
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Staats Jewelers Closes Doors After 70 Years Serving Liberal Community
Staats Jewelers in Liberal, Kansas, is closing after more than 70 years, with a going-out-of-business sale liquidating its entire inventory.
2026-05-10
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Clientbook Enhances In-Store Event Planning for Jewelers
Clientbook's new Event Management module simplifies planning, promotion, and sales tracking for in-store jewelry events.
2026-05-10
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Signet Jewelers Strengthens Board with Former Macy's CEO Jeffrey Gennette
Signet Jewelers welcomes former Macy's CEO Jeffrey Gennette to its board, bringing extensive retail and omnichannel expertise to guide future growth and strategy.
2026-05-10
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Ronnie VanderLinden Elected New President of World Diamond Council
Ronnie VanderLinden takes the helm of the World Diamond Council, vowing to champion natural diamonds and unite the industry with a clear, consistent message.
2026-05-07
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Brilliant Earth Reports 6% Sales Growth in Q1, Driven by Fine Jewelry and Higher-Income Consumers
Brilliant Earth saw a 6% increase in net sales for Q1, fueled by strong performance in fine jewelry and appeal to higher-income demographics.
2026-05-06