JA Members Return to Capitol Hill to Voice Jewelers’ Concerns
The topics up for discussion with lawmakers included inflation, rising interest rates, hiring challenges, and crime.
The fly-in marked the organization’s first trip to the Capitol since the COVID-19 pandemic.
“We’re thrilled to be back in D.C. for our annual fly-in,” said JA President & CEO David J. Bonaparte.
“This was a chance to re-introduce the association and our members to key policy-makers and ensure the voice of the jewelry industry is heard loud and clear.”
The trip was led by the Jewelers of America Political Action Committee, the only PAC representing the fine jewelry industry.
Bonaparte and Director of Public Affairs & Education Susan Thea Posnock, alongside Tim Haake, managing director of Haake & Associates, JA’s government affairs firm, led the group.
Jewelers of America members attending the fly-in included Jon Bridge of Ben Bridge Jeweler, Dan Deans of Asurion, Susan Grant of Grants Jewelry, Joan Harris, Mathew J. Harris and David F. Harris of G&H Jewelers, Sudhir Kakadia of Sheetal Group USA Inc, Chuck Kuba of Iowa Diamond, and Constance Polamalu of Zachary's Jewelers.
The American Gem Trade Association’s new CEO John Ford and 1st Vice President David Nassi also joined the fly-in.
The issues up for discussion included a call for a pro-growth tax policy to help U.S. companies compete in the global landscape.
The members advocated for more government support for small businesses and spoke out against being burdened by business regulations and related compliance costs.
They also asked to work together on maintaining ethical and sustainable supply chains.
Long-standing issues were also up for discussion, like the need to protect LIFO, the last-in first-out accounting method used by industry members, and sales tax fairness.
Sales tax is currently decided by the states, but a federal framework could be needed, said JA.
The delegation met with several lawmakers and congressional staff, including Senator Joni Ernst (R-IA), Sen. Todd Young (R-IN), Rep. Elise Stefanik (R, NY-21 and Republican Conference Chair), and Rep. Carol Miller (R, WV-03).
The group also met with Rep. Pete Sessions (R, TX-17), Sen. Maria Cantwell (D-WA), and other members of Congress.
The event also included a private tour of the Capitol Dome and a breakfast presentation from Charlie Cook, former editor-in-chief of the Cook Political Report, who gave his take on the upcoming elections.
Cook’s presentation is available to Jewelers of America members on its website.
The Kruse GWS Auctions sale will include the replica “Taj Mahal” necklace Elizabeth Taylor made with Avon as well as a costume piece Marilyn Monroe wore.
Massimo Basei is moving up, while Chief Commercial Officer Martino Pessina is stepping down.
AGTA GemFair and the Denver Gem & Mineral Show also will have a presence on the show floor.
Distinguishing natural diamonds from laboratory-grown stones – now more available than ever – has been difficult for jewelers. Until now.
Sold by Christie’s Hong Kong, this masterwork of complications now holds the record for most expensive watch ever auctioned online.
The watch company expects first-quarter sales to fall as much as 15 percent due to inflation and tough comps.
Adam O’Grady, general manager of the Lightbox Lab, has taken on the new role and will report directly to Lightbox CEO Antoine Borde.
De Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.
The watch marketplace gathered data from 1.3 million collectors, highlighting the most popular timepieces and exploring value appreciation.
Burgundy has opted not to exercise its option to buy the mining claims Gibb River Diamonds currently owns.
Patented and specialty cuts now can receive an 8X Proprietary Certificate, which can be customized to include a company’s brand and logo.
The organization said it will recognize those who exemplify the idea that doing good is good business.
Kendall Jenner once again is fronting the French brand’s campaign, joined by model and dancer Alton Mason.
The CEOs of Signet, Helzberg, and GIA spoke on a water conservation panel, and had lakes named in their companies’ honor.
Expected to earn up to $4.5 million, the “Jarretière” bracelet is the star of Christie’s “The Magnificent Jewels of Anne Eisenhower” sale.
With jewelry sales coming down from their pandemic highs, retailers need to do all they can to retain existing customers, Peter Smith says.
Jewelry historians, authors, and experts will explore the works of Tiffany & Co., Oscar Heyman, Verdura, and more.
Johnson joined the retailer in 1987, establishing its first human resources department.
Supplier Spotlight Presented by IGI
The industry gathered to celebrate those who elevate the jewelry and watch industries.
At JSA’s annual luncheon, President John J. Kennedy said the organization recorded more than 2,000 cases last year.
It highlights Gabrielle “Coco” Chanel’s lasting influence on modern design.
Jewelers of America’s Amanda Gizzi explores the qualities and accomplishments that make this year’s Gem Award nominees shine.
Here’s what the nine chosen organizations plan to do with the funds.
The designer is nominated for a Gem Award for Jewelry Design.
The jewelry giant’s full-year sales were essentially flat, brought down by fourth-quarter declines.
In its recent results, the company highlighted non-bridal jewelry sales and said its “inventory-light” showroom model may change.