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 large stone will be offered at its June sale along with a selection of secondary-type rubies from a new area of the Montepuez mine.

Located in Bangkok, the laboratory is Gemological Science International’s 14th location worldwide.

Those born in June have a myriad of options for their birthstone jewelry.

When investing in your jewelry business, it's important not to overlook the most crucial element of success: the sales associates.

The diamond industry veteran has been named its senior sales executive.


The company plans to raise the prices of select watches to offset the impact of tariffs.

Between tariffs and the sky-high cost of gold, designers enter this year’s Las Vegas shows with a lot of questions and few answers.

More shoppers are walking out without buying. Here’s how smart jewelers can bring them back—and the tool they need to do it right.

Designed by founder Renato and his daughter Serena Cipullo, it showcases a flame motif representing unity and the power of gathering.

However, the tariffs remain in effect in the short term, as an appeals court has stayed the U.S. Court of International Trade’s decision.

The pop icon is one step closer to launching her “B Tiny” jewelry collection, a collection she first began posting about last fall.

Sponsored by Stuller

It was featured in the miner’s latest sale, which brought in $24.8 million.

GemText AI uses artificial intelligence to generate tailored product titles, descriptions, and tags with jewelry-specific language.

Aging and with myriad health issues, none will serve time for their roles in robbing the billionaire celebrity at gunpoint in 2016.

The WNBA team received rings imbued with meaning, from leaf motifs and its Liberty torch to the number of diamonds used.

The two organizations have signed an affiliation agreement that’s expected to be finalized in the coming weeks.

The platinum and diamond watch is part of Sotheby’s upcoming Important Watches sale.

Recovered in Mozambique, “The Kat Florence Lumina” was part of Bonhams’ Hong Kong jewelry auction held last week.

Get a taste of the delicious candy-like gemstones in this Amanda’s Style File.

JSA’s Scott Guginsky provided a list of nine security measures jewelers should observe while locking up for the long weekend.

From Lau’s “Love of a Kind” series, the engagement ring was inspired by the moon and holds a different meaning depending on how it is worn.

The lab has adjusted the scale it uses for nacre grading.

Sponsored by GCAL by Sarine

David Walton will serve three years’ probation after an incident in a hotel bar led to the death of West Virginia jeweler David Ettinger.

The retailer also provided an update on how the tariffs situation in the U.S. is affecting its business.

The family-owned jeweler in Great Falls, Virginia, will be celebrating its golden jubilee with a year’s worth of events.