Industry Veteran Heather Favali Joins Guild Consulting
The addition of Favali comes as the company launches two jewelry brands.

Heather Favali joined the company in September as vice president of business development, bringing more than 25 years of industry experience with some of the most well-known specialty jewelers.
Favali started her career in jewelry in 1991 at Zales Jewelers, where she spent 10 years working as both a sales associate and a store manager.
For the next 16 years, she worked as a sales associate and then store manager at Hannoush Jewelers before returning to Zales (now owned by Signet Jewelers) as a store and district manager.
Favali joins Guild Consulting as the company launches two jewelry brands, Diamond Guild and Guild585.
Diamond Guild is a line of “giftable” 14-karat gold and diamond jewelry while Guild585 is gold jewelry set with colored gemstones as well as on-trend gold pieces.
“I feel extremely fortunate to have Heather join the team and welcome her extensive and exceptional knowledge of the consumer market,” Guild Consulting founder and CEO Louis Karten said in a press release.
“She is already making a major difference at Guild Consulting and I know her vision and skills will be instrumental in the success of our new consumer brands.”
Founded in 1997, Guild Consulting specializes in strategic partnerships, acquisitions, asset sales and purchases, negotiating license agreements and management restructuring with major multinational jewelry and diamond companies.
The Latest

The 50-year-old man pleaded guilty earlier this year to robbing two jewelry stores and a pawn shop of more than $700,000 in merchandise.

The watch’s dial features an original design by Marvel comics illustrator Adam Kubert.

The new collection of lab-grown diamond and colored gemstone jewelry provides a “fresh perspective” on the category, Chatham said.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

While some August babies are team peridot, the month's time-honored birthstone, others are team spinel, the newer alternative.


Edina Kiss’ “Popsicle” pendant and Karina Choudhrie’s “Ice Cream” charm satisfy that summer craving for a sweet piece of jewelry.

The miner’s ruby and emerald auctions brought in a combined $102.9 million.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

The goal is for the De Beers sale to be finished by the second half of 2026, with the subsequent approvals process expected to take a year.

David Bonaparte, along with Tim Haake and Ronnie VanderLinden, continue to lobby for tariff exemptions for diamonds, gemstones, and pearls.

Survey respondents were concerned about the rising prices of food and groceries as well as unemployment.

The trade show, slated for Sept. 4-8 in Vicenza, Italy, will feature sessions on trends, AI, gemology, and manufacturing.

The public shopping event featuring art, jewelry, watches, and rare collectibles, will take place in Santa Clara, California, this fall.

Endiama Commercial Director Elton Escrivão knows people have a lot of misperceptions about Angola. He wants to change that.

Boucheron reached record sales while Pomellato found success in its signature collections.

She was one of more than 120 American designers who created flags for the “United Flags of Fashion” project led by CFDA and Vogue.

Smith reveals the method The Retail Smiths use to help retailers and vendors write better job postings.

LVMH’s jewelry and watch brands outperformed the company’s other divisions in an environment the company described as “disrupted.”

“Sacred Heart” features symbols like crosses, angel wings, the Star of David, and the evil eye as a representation of coexistence.
The scholarships will go to early-career professionals looking to study gemology, bench work and jewelry design, or store operations.

Bain & Company delved into the trends shaping the luxury market, the impact of AI, and more in its recent study.

The exhibition reveals the gemology, geology, and cultural history of the iconic red gemstone.

The new sweeping slate of tariffs impacts 60 countries, including India, China, Thailand, Hong Kong, and the United Arab Emirates.

From coin pendants to diamond shields, these old world-inspired jewels are the perfect accessory for an epic journey.

Our Piece of the Week pairs a checkerboard-cut amethyst with an ivy green silk cord.

Mildred Marcano Abrams and Yael Reinhold join the podcast to talk community connections, holiday plans, and preserving Reinhold’s legacy.

Production also was up in the first half of 2026 but is expected to “substantially” decrease in H2 as two key mines undergo maintenance.

























