A pink topaz Belle Époque pendant-brooch and a Victorian Egyptian Revival choker were also highlights at a recent Anderson & Garland sale.
Jeweler opens up shop in NY
Although recent JBT data shows the jewelry industry is continuing to shrink, David Desso Fine Watches & Jewelry opened on Long Island’s South Shore this month.
Cedarhurst, N.Y.--Though recent statistics show that more jewelers closed up shop in the third quarter than the year prior, it doesn’t mean there are no new beginnings for the industry.
In addition to carrying pieces from brands including Pandora, Roberto Coin, Longines, Montblanc and Frederique Constant, the store also offers jewelry and watch repair and appraisal services.
Owner David Ustaev said he’s created a Facebook and Instagram page for the store already, and also is advertising in the local newspaper, The 5 Towns Jewish Times, and with a local cable company for the holiday season.
“My goal is for the store to become a jewelry destination for jewelry lovers, couples in search of the engagement ring of their dreams, and people who would like to enhance and accentuate their appearance with beautiful and stylish accessories,” Ustaev said.
Although the store’s soft opening happened the first week in November, a grand opening is scheduled for Thursday, Dec. 10 from 11 a.m. to 7 p.m.
The news of Ustaev’s store opening came the same week the Jewelers Board of Trade released data showing that overall jewelry business discontinuances have increased 15 percent in 2015.
Still, the organization did record a total of 180 new retailers this year, compared with 173 at this time last year.
The Latest

The event, which will co-locate with the Monterey Bay Jade Festival, will bring education sessions focused on jade to the United States.

The charm is a celebration of springtime as April showers bring May flowers with the piece’s cluster of diamond raindrops.

Bench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.

The National Retail Federation expects retail sales growth to return to pre-pandemic levels as consumers continue to face inflation.


The 4-carat, old mine brilliant-cut diamond engagement ring was co-designed by Willis and New York City-based brand Karina Noel.

Rio Tinto unearthed the diamond at its Diavik mine in Canada’s Northwest Territories.

Natural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.

The multisensory experience, open April 8-13, will feature the brand’s silver creations among dream-like scenes of natural landscapes.

The virtual event will take place April 7 at 3 p.m.

The pieces in “Animali Tarallo” portray animals from stingrays to elephants through portraits and interpretations of their patterns.

Parent company Saks Global said the iconic location will be open through the holiday season as it decides what to do with the space.

Ronald Winston, son of Harry Winston, donated the diamonds to the Smithsonian National Museum of Natural History in Washington, D.C.

The educational event will take place in Charlotte, North Carolina, this May.

The layoffs come amid the TV shopping channel’s efforts to restructure and focus on live shopping through social media.

The debut event will take place in Miami’s Coconut Grove neighborhood this fall.

The roundtable will take place May 17 ahead of the trade show’s welcome dinner.

The “Peanuts x Monica Rich Kosann” collection features the comic strip’s classic vocabulary across 10 bracelet designs.

Three industry experts dive into the complexities of the material often marketed as an “ethical” alternative for metal in jewelry.

Diamonds are not only one of the most prominent gemstones, but the birthstone for those born in April.

The Utah-based company known for making wedding bands has acquired Doubloon Golf.

The longtime luxury executive led one of LVMH’s watch brands, TAG Heuer, for 12 years before taking over Bulgari in 2013.

Authorities said the robbers fled with jewelry and 70 Rolex watches, later taking pictures of themselves posing with big stacks of cash.

Lotus Gemology founder Richard W. Hughes has translated Heinrich Fischer’s 1880 book “Nephrit und Jadeit” from its original German.

The ring's design features contrasting lines influenced by work from architecture-inspired photographer Nikola Olic.

The Conference Board’s index fell as consumers continued to worry about the impact of tariffs, the labor market, and the price of eggs.

However, two medieval jewels surpassed estimates at Noonans Mayfair’s recent jewelry auction in London.