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

Anglo plans to merge with Teck Resources Ltd. to form Anglo Teck. The deal changes nothing about its plans to offload De Beers.

The 9.51-carat fancy vivid blue diamond, which set two world auction records at Sotheby’s in 2014, is estimated to fetch up to $30 million.

The industry veteran joins the auction house as it looks to solidify its footprint in the jewelry market.

With their unmatched services and low fees, reDollar.com is challenging some big names in the online consignment world.

The Texas-based jeweler has also undergone a brand refresh, debuting a new website and logo.


The single-owner sale will headline Sotheby's inaugural jewelry auction at the Breuer building, its new global headquarters, this December.

From sunrise yoga to tariffs talks, these are some events to check out at the upcoming inaugural event.

Jewelers of America is leading the charge to protect the industry amidst rising economic threats.

Smith recalls a bit of wisdom the industry leader, who died last week, shared at a diamond conference years ago.

The “Victoria” necklace features a labradorite hugged by diamond accents in 18-karat yellow gold.

Two lower courts have moved to block the import taxes, which will remain in place as the legal battle continues.

The Kansas City Chiefs quarterback shares Hublot’s dedication to pursuing greatness, the Swiss watchmaker said.

The Type IIa stone, recovered from Botswana’s Karowe diamond mine last month, features unique coloration.

Breitling is now the NFL’s official timepiece partner, a move that puts the brand in front of the millions of Americans who watch football.

NYCJAOS is set for Nov. 21-23 in New York City’s Chelsea neighborhood.

U.S.-based investment company SMG Capital LLC is the new owner of the luxury brand.

A new court filing details the locations of the stores that will close, as well as the 830 that will remain open.

The new catalogs are “Tools, Equipment, & Metals” and “Findings & Metals.”

Sapphire’s variety of colors make it the perfect birthstone for September.

The retailer has raised its guidance after seeing total sales increase 3 percent in the second quarter, beating expectations.

Niccolò Rossi di Montelera, executive chairman of the board, was appointed as interim CEO.

The three-floor space also features the jeweler’s largest VIP salon in Japan and offers an exclusive diamond pendant.

The collection is a collaboration between Stephanie Gottlieb Fine Jewelry and Oak and Luna, focusing on understated essentials.

The highlight of a single-owner jewelry and watch collection, it’s estimated to fetch up to $7 million at auction this December.

CEO Efraim Grinberg noted a resurgence in the fashion watch market.

The “Bullseye” necklace, with vintage bakelite and peridot, August’s birthstone, is the perfect transitional piece as summer turns to fall.