Events & AwardsJan 18, 2024
Diamonds Do Good Announces 2024 Grant RecipientsMajorsJan 29, 2024
PGI Announces Business Development Grant Recipients
Four companies, all of which have a particular focus on engagement rings and wedding bands, received the grants.
Diamonds bands from Robbins Brothers. The Azusa, California-based retailer was one of four companies that recently received a business development grant from PGI USA. Launched in 2021, the grants are designed to encourage jewelry companies to focus on platinum in an effort to spur platinum jewelry sales in the U.S. market.
New York—Platinum Guild International USA has awarded its second round of grants designed to encourage manufacturers, designers, and retailers to make a platinum a focus of their businesses.
The 2024-2026 grant recipients are: A. Jaffe, Frederick Goldman Inc., Miosogno by the Jewelex Group, and Robbins Brothers.
Miosogno is a new luxury brand from the Jewelex Group.
“We were overwhelmed by the response we received for this round of our platinum business development grant program,” PGI USA Senior Vice President Kevin Reilly said. “The recipients of the grant are companies with a rich heritage and generations of successful business in the jewelry industry with a particular focus on the relationship jewelry category.
“Our consumer research continues to inform us that nearly 70 percent of consumers desire platinum for their engagement rings and wedding bands, but significantly fewer buy platinum. We anticipate great success from these companies as they use the funds from this grant for integrated marketing efforts to close that gap between platinum desire and acquisition.”
PGI USA launched the grant program in 2021, and the inaugural participants were Helzberg Diamonds, Mémoire, and Kwiat.
It said they achieved “outstanding platinum sales results” after receiving the grants.
Related stories will be right here …
The 2024-2026 grant recipients are: A. Jaffe, Frederick Goldman Inc., Miosogno by the Jewelex Group, and Robbins Brothers.
Miosogno is a new luxury brand from the Jewelex Group.
“We were overwhelmed by the response we received for this round of our platinum business development grant program,” PGI USA Senior Vice President Kevin Reilly said. “The recipients of the grant are companies with a rich heritage and generations of successful business in the jewelry industry with a particular focus on the relationship jewelry category.
“Our consumer research continues to inform us that nearly 70 percent of consumers desire platinum for their engagement rings and wedding bands, but significantly fewer buy platinum. We anticipate great success from these companies as they use the funds from this grant for integrated marketing efforts to close that gap between platinum desire and acquisition.”
PGI USA launched the grant program in 2021, and the inaugural participants were Helzberg Diamonds, Mémoire, and Kwiat.
It said they achieved “outstanding platinum sales results” after receiving the grants.
More on Majors
The Latest
Policies & IssuesOct 03, 2024
RJO, CERF+ Join Those Offering Hurricane Helene Relief to Affected JewelersPlus, how to apply for emergency funds and donate to recovery efforts.
SourcingOct 03, 2024
How India Became the World’s Second-Largest Market for Diamond Jewelry A strong economy, a growing middle class with an affinity for brands, and rapid expansion of organized retail have fueled the market’s rise.
CrimeOct 03, 2024
Man Who Shared Spoils of $2.7M Smash-and-Grab on Social Media Pleads Guilty to Robbery ChargeLadell Tharpe, 39, took part in a 2022 jewelry store robbery and then posted pictures of cash on Instagram with the text “Robbery Gang.”
Brought to you by
Enhance Your Expertise with IGI’s In-Person Courses in NYCThis fall, sharpen your skills in jewelry grading, quality control and diamond assessment.
TrendsOct 03, 2024
Amanda’s Style File: October’s ArrivalTransition to fall with this month’s birthstones of opal and tourmaline.
Weekly QuizOct 03, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
AuctionsOct 03, 2024
Dame Shirley Bassey’s Diamonds Are Ready for Their EncoreSotheby’s will auction jewelry belonging to the “Diamonds Are Forever” singer Oct. 10 in Paris.
Lab-GrownOct 02, 2024
Lightbox Continues as a Brand, While Supplies Last?The De Beers-owned lab-grown diamond company is rebranding and creating new collections, though its long-term future remains unclear.
Brought to you by
Why You Can't Miss JA New York This FallDon't miss this one-stop-shop in October, curated with buyers’ needs in mind.
CollectionsOct 02, 2024
Brilliant Earth Debuts Jane Goodall CollectionThe collection is part of the retailer’s new “Rethink Everything You Know About Diamonds” campaign.
AuctionsOct 02, 2024
The GOAT’s Stash: Watches Owned by Tom Brady Going Up for Auction The sale includes the custom-made, diamond-set Audemars Piguet watch the QB wore for Netflix’s “The Roast of Tom Brady.”
Events & AwardsOct 02, 2024
AJA’s Design Competition Now Accepting EntriesThe Armenian Jewellers Association is hosting its design competition for the second year, with winners showcasing at GemGenève in May 2025.
MajorsOct 01, 2024
Signet Jewelers CEO Gina Drosos to RetireThe jewelry retailer has named her successor and also will expand the role of Chief Financial Officer Joan Hilson.
MajorsOct 01, 2024
Kay Jewelers to Revamp BrandThe Signet Jewelers-owned banner has a new campaign and plans for store redesigns.
CollectionsOct 01, 2024
JV Insardi Inspires Curiosity in New CollectionCreative Director Jen Insardi brings a new take on classic gold bead designs to her “Solar” collection.
IndependentsOct 01, 2024
Oklahoma Jewelers Association Grants Lifetime Achievement AwardThe recipient, Glenn Douglass, also was inducted into the OJA Hall of Fame.
MajorsOct 01, 2024
Stuller Celebrates Long-Serving EmployeesThe manufacturer recognized several team members at its 2024 Milestone Anniversary Banquet.
AuctionsSep 30, 2024
Oscar Heyman Jewels, Paraíba Pieces Shine at Bonhams Auction The single-owner collection sale, which took place in New York last week, achieved $4.8 million, with almost every lot finding a buyer.
TrendsSep 30, 2024
Amanda’s Style File: Dainty DelightsWhile statement pieces always shine, it’s time for everyday staples to be the star of the show.
Policies & IssuesSep 30, 2024
JA Fly-In to DC Focuses on Russian Diamonds, Retail CrimeJewelers of America leadership and members recently headed to D.C. to share the industry’s top concerns with lawmakers.
Recorded WebinarsSep 27, 2024
Watch: Prepare to Shine This Holiday SeasonThree members of JA's 2024 "20 Under 40" class join Amanda Gizzi and Lauren McLemore to share their tips for seasonal retail success.
CollectionsSep 27, 2024
Piece of the Week: Lalaounis’ Necklace is an Archaeological RevivalThe necklace, inspired by ancient artifacts, celebrates strength, endurance, and the natural world.
MajorsSep 27, 2024
Signet-Owned E-Tailer Rocksbox to Launch on AmazonRocksbox is the first banner owned by Signet to sell its jewelry through the retail giant.
EditorsSep 26, 2024
This New Bulova Documentary Is Perfect for History Buffs Like Me “America Telling Time: 150 Years of Bulova” dives into the watchmaker’s storied past, from its ad campaigns to the first women’s wristwatch.
CollectionsSep 26, 2024
Marco Bicego Adds Stackable Designs to Masai CollectionThe new additions include flat coil rings, bracelets, and necklaces designed to layer elegantly.
MajorsSep 26, 2024
Kendra Scott Eyes Network, Product Expansion Following New Investment 65 Equity Partners has made a “significant” minority investment in the company, though founder Kendra Scott retains a majority stake.
Policies & IssuesSep 26, 2024
Columbia Gem House Announces “Pebbles to Pines” FundraiserThe miner will be raffling off jewelry, donating all proceeds to reforestation efforts for some regions of America’s national forests.
SourcingSep 25, 2024
Is Current Diamond Industry Turbulence Shaping a ‘New Normal’? Industry players have found ways to cope with market conditions while working to reshape themselves in the face of emerging realities.
