MajorsJun 15, 2022
Doug Hucker Named CEO of ICA SourcingJun 22, 2022
Edward Asscher to Remain WDC President for Another Year
The organization also extended the terms of Vice President Feriel Zerouki and Treasurer Ronnie VanderLinden.
From left, World Diamond Council Vice President Feriel Zerouki, President Edward Asscher, and Treasurer Ronnie VanderLinden will remain in office for another year due to the “unusual circumstances” brought about by the COVID-19 pandemic. (Photo courtesy of the World Diamond Council)
New York—Longtime diamantaire Edward Asscher will remain president of the World Diamond Council for another year, the organization announced Sunday.
Meeting via video conference last week, the WDC’s board of directors opted to extend Asscher’s term along with the terms of Vice President Feriel Zerouki and Treasurer Ronnie VanderLinden until mid-2023.
Under WDC bylaws, the president serves one two-year term, after which the serving vice president automatically takes over.
Asscher was elected in mid-2020, meaning his second year would be up now.
Zerouki would succeed him and become the first female president of the WDC, which serves as the diamond and jewelry industry’s official representative in the Kimberley Process.
In making the decision to extend its leaders’ terms, WDC cited the “unusual set of circumstances currently prevalent,” specifically the disruption COVID-19 caused in the functioning of the Kimberley Process.
The diamond industry is also grappling with the ongoing sanctions placed on Russian diamonds, which represent about 30 percent of the world’s supply.
Related stories will be right here …
Meeting via video conference last week, the WDC’s board of directors opted to extend Asscher’s term along with the terms of Vice President Feriel Zerouki and Treasurer Ronnie VanderLinden until mid-2023.
Under WDC bylaws, the president serves one two-year term, after which the serving vice president automatically takes over.
Asscher was elected in mid-2020, meaning his second year would be up now.
Zerouki would succeed him and become the first female president of the WDC, which serves as the diamond and jewelry industry’s official representative in the Kimberley Process.
In making the decision to extend its leaders’ terms, WDC cited the “unusual set of circumstances currently prevalent,” specifically the disruption COVID-19 caused in the functioning of the Kimberley Process.
The diamond industry is also grappling with the ongoing sanctions placed on Russian diamonds, which represent about 30 percent of the world’s supply.
More on Sourcing
The Latest
SurveysJul 16, 2025
Signet Jewelers Falls Lower on NRF’s ‘Top 100’ Retailers ListThe middle class is changing its approach to buying jewelry and affordable luxury goods, the NRF said.
FinancialsJul 16, 2025
Richemont’s Jewelry Sales Up 7% in Q1It marks the third consecutive quarter of growth for Cartier, Van Cleef & Arpels, Buccellati, and Vhernier.
WatchesJul 16, 2025
The Top-Selling Rolex Models of the Last 15 Years, According to Bob’s Watches The reseller’s market trends report, based on its sales data, also shows exactly how much Rolex prices have jumped since 2010.
Brought to you by
Investing in the Next Generation of Bench JewelersThe Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.
AuctionsJul 16, 2025
Christie’s To Honor Dinh Van With ExhibitionThe auction house will be hosting a retrospective paying tribute to jeweler Jean Dinh Van and his company’s 60th anniversary.
Weekly QuizJul 10, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
IndependentsJul 16, 2025
Clyde Duneier Ushers In Fourth GenerationJake Duneier and Danielle Duneier-Goldberg have stepped into the roles of CEO and president, respectively.
CollectionsJul 15, 2025
Boucheron’s New High Jewelry Calls Attention to Nature’s ImpermanenceThe “Impermanence” collection contemplates nature through the Japanese art of Ikebana (flower arranging) and philosophy of wabi-sabi.
Brought to you by
Jewelers of America is Headed to Las Vegas for JCK 2025The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.
MajorsJul 15, 2025
James Avery Expands to 2 More StatesThe Texas-based jewelry retailer has set up shop in Tennessee and Arizona.
Events & AwardsJul 15, 2025
Neiman Marcus Vet Joins Couture as Brand Director Eric Ford will step into the role, bringing with him decades of experience.
IndependentsJul 15, 2025
Ben Bridge Jeweler Acquires Olympic ManufacturingIn addition to improved capabilities, the acquisition will allow the jeweler to offer support to other independent jewelers.
CollectionsJul 15, 2025
Guzema Debuts First Colored Gemstone JewelryThe “Celestial Blue” capsule collection campaign features Olympian Kateryna Sadurska.
MajorsJul 14, 2025
Nanis Opens First StoreThe seasonal store, located in Mykonos, Greece, offers exclusive events, personal styling, and curated experiences.
IndependentsJul 14, 2025
It’s the Summer of Love at Long’s JewelersThe New England jeweler is hosting a bridal event for the month of August.
Events & AwardsJul 11, 2025
The Edge’s Annual Conference Returns in SeptemberIts sessions will focus on inventory strategies, staff performance, retention and acquisition, emerging market trends, and more.
CollectionsJul 11, 2025
Piece of the Week: Miseno’s ‘Arco’ EarringsFor its 10th anniversary, Miseno designed the “Arco” earrings based on the Arco Felice, an arch conceptualized in A.D. 95 in Miseno, Italy.
Policies & IssuesJul 11, 2025
James Avery to Donate $1M to Texas Hill Country Relief EffortsThe jewelry company is one of several contributing to relief efforts in the region after the recent floods.
TrendsJul 11, 2025
Kelly Osbourne’s Engagement Ring Is Sweet as HoneyInspired by fiancé Sid Wilson’s nickname for her, the white and yellow diamond ring features a unique honeycomb design.
CollectionsJul 10, 2025
Penny Preville Celebrates 5 Decades of Jewelry DesignThe brand is marking its 50th anniversary with a limited-edition bangle, high jewelry suites, new collections, and more.
IndependentsJul 10, 2025
Steven Goldfarb to Retire, Close Alvin Goldfarb JewelerGoldfarb said changes in the industry, coupled with his age and the updates needed to modernize his business, drove his decision.
MajorsJul 10, 2025
LVMH Names New Chairman, CEO of the AmericasLongtime LVMH executive Michael Burke has stepped into the role.
Events & AwardsJul 10, 2025
IAC Gold and Diamond Conference Returns to NYC Central topics of next week’s event include climate action, labor rights, artisan preservation, and value retention in producing countries.
MajorsJul 10, 2025
Hearts On Fire Appoints New Sales DirectorVickie Rokkos has joined the jewelry company as its new national sales director of North America.
SurveysJul 09, 2025
Jewelry Stays Strong as Luxury Market Slows, Bain & Co. Says Turbulence will be the new baseline for luxury as it faces its biggest potential setbacks in 15 years, a recent report said.
Supplier BulletinJul 09, 2025
JCK Unwrapped: Trends, Insights & Post-Show TipsSponsored by Rio Grande Jewelry Supply
CollectionsJul 09, 2025
Cece Jewellery’s New Fruit Jewels Celebrate Life’s SweetnessThe “For the Love of Fruits” collection features five fruit pendants, each holding a different meaning.
EditorsJul 09, 2025
The Most-Read Stories of 2025, So FarDiamonds and crimes (some involving diamonds) top the list of National Jeweler’s most popular stories halfway through the year.
