Policies & Issues

JA Fly-In to DC Focuses on Russian Diamonds, Retail Crime

Policies & IssuesSep 30, 2024

JA Fly-In to DC Focuses on Russian Diamonds, Retail Crime

Jewelers of America leadership and members recently headed to D.C. to share the industry’s top concerns with lawmakers.

Jewelers of America Fly-In
Jewelers of America leadership, including President and CEO David J. Bonaparte (center), and members met with lawmakers in Washington, D.C., on Sept. 18 to talk about issues that are impacting the jewelry industry.
New York—Jewelers of America headed back to Capitol Hill earlier this month for its annual fly-in.

Led by the Jewelers of America Political Action Committee, JA leadership and members met with lawmakers on Sept. 18 to talk about what has been impacting the jewelry industry.

The top concern was the implementation of Russian diamond restrictions across G7 nations, which includes the U.S.

JA said it has repeatedly asked lawmakers to push back against the European Union’s proposal for the adoption of an exclusive physical verification and certification system in Belgium for all rough diamonds.

“Such a system would cause maximum damage to the global diamond and jewelry supply chain, while having minimal effect on Russia’s diamond revenues,” said JA in a statement.

JA President and CEO David J. Bonaparte said “This trip to Washington D.C. continued our essential representation for Jewelers of America, our members, and the United States jewelry industry.

“Jewelers of America members made it clear they do not want Russian diamonds in their inventories, but they also don’t want solutions that cause unnecessary disruptions to the U.S. diamond industry.”

Fly-in attendees met with more than two dozen members of Congress during the visit, said JA, including a senior Republican member who said they would share the industry’s concerns on the Hill.

Jewelers of America fly-in
JA leadership and members headed to Washington, D.C. for the annual fly-in, led by the Jewelers of America Political Action Committee.


Two other hot topics were retail crime and credit card swipe fees.

The group met with Rep. Young Kim (R, CA-40), who introduced the Organized Retail Crime Act, to discuss retail crime levels.

The act aims to facilitate coordination and information sharing among federal law enforcement agencies.

Amina Sorel of New York City-based Amina Sorel Fine Jewelry was a first-time fly-in attendee.

“Our conversations focused on maintaining a supportive economic environment for jewelers, protecting the integrity of our diamond supply, and ensuring that safety measures are in place to combat retail crime,” she said in a statement.

“It’s clear that when we come together as an industry, we can advocate effectively for policies that benefit not just our businesses, but our communities as well.”

 Related stories will be right here … 

Sorel was joined by her chief financial officer, Leslie Sorel, and a number of other JA members, including:

Brian Alter, Alter’s Gem Jewelry in Beaumont, Texas;
Lawrence Bock, Bachendorf's in Dallas;
Jon Bridge, Ben Bridge Jeweler in Seattle;
Linus Drogs, Au Enterprises, Inc. in Beverly Hills, Michigan;
Susan Eisen and Ron Wolff, Susan Eisen Fine Jewelry Watches Art & Appraiser in El Paso, Texas;
Bill Farmer Jr., Farmer’s Jewelers in Lexington, Kentucky;
Rebecca Foerster, Hearts on Fire in Boston;
Susan Grant, Grants Jewelry in New York;
Elise Greenberg, Greenberg's Jewelers in Sioux City, Iowa;
Myriam Gumuchian, Gumuchian in New York; and
Constance Polamalu, Zachary's Jewelers in Annapolis, Maryland.

The delegation was led by Bonaparte, JA’s Chief Financial Officer Annie Doresca, and Public Affairs and Education Director Susan Thea Posnock.

The event was spearheaded by Tim Haake, managing director of Haake & Associates, JA’s long-term government affairs firm.

Other industry members joined the group, including John W. Ford, CEO of the American Gem Trade Association; Jackie Mecca, senior vice president and general manager of luxury markets at Synchrony; and Matthew Swibel, vice president of sustainability and social impact at Signet Jewelers. 

JA also held its Multifaceted Learning Workshop, which includes education sessions and networking, the day before the fly-in.

The next workshop will take place in New York City on Oct. 29.

The Latest

Selena Gomez, Benny Blanco, Engagement Ring
TrendsDec 13, 2024
Selena Gomez Said ‘Forever Begins Now’ to Marquise Diamond Engagement Ring

Estimates on the size and value of the solitaire diamond, which is mounted on a diamond pavé-set yellow gold band, vary.

Martin Katz tanzanite drop earrings
TrendsDec 13, 2024
Piece of the Week: Martin Katz’s Tanzanite Drops

These half-moon tanzanite earrings totaling 25 carats are part of a special trunk show taking place this weekend in Dallas.

My Next Question webinar graphic
Recorded WebinarsDec 13, 2024
Watch: The Highs and Lows of 2024

The National Jeweler editors recap the top news, the best jewels, and their favorite stories of the year.

ja nj btyb.jpg
Brought to you by
Advocacy and Excellence: How Jewelers of America Is Committed to Elevating Our Industry

For over a century, Jewelers of America has been the voice of the industry and valuable resource to jewelers across the country.

Tom Brady’s Rolex Daytona Paul Newman “John Player Special”
AuctionsDec 12, 2024
Tom Brady’s Watches Top $4M at Sotheby’s Auction

The highest-grossing lot of the sale was the retired QB’s Rolex Paul Newman Daytona “John Player Special.”

Weekly QuizDec 12, 2024
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Grizzly emerald mining
SourcingDec 12, 2024
Grizzly Emerald Auction Garners $22.4M

Recent expansion initiatives at the Zambian emerald mine have shown strong production numbers, said Grizzly founder Abdoulaye Ndiaye.

Carrie Forman
MajorsDec 12, 2024
Mark Henry Appoints New Director of Sales

Carrie Forman joins the brand to guide it into the next phase of growth with major and independent retailers in the U.S. and abroad.

undefined.png
Brought to you by
Protecting Your Sparkle: Why Screening Has Become Essential

While no reputable jeweler would knowingly sell lab-grown stones as natural, it's a growing possibility.

Models wearing jewelry by 2024 Shining Light Award winners
SourcingDec 12, 2024
De Beers Announces 2024 ‘Shining Light’ Award Winners

The competition awarded 12 designers, each from a country where De Beers recovers diamonds, with business support and tuition assistance.

Woman wearing a snake ring and bracelet
CollectionsDec 12, 2024
The Jared Atelier x Vera Wang Collection Emphasizes Elegance

The high jewelry collection features 14 one-of-a-kind pieces, with serpent and ribbon motifs winding their way through the collection.

Stock image of a gavel
CrimeDec 11, 2024
Former Tiffany & Co. Factory Supervisor Sentenced for Stealing Precious Metals

A federal judge gave Benjamin Preacher 59 days in jail, plus 10 months of home confinement and two years of supervised release.

Grader looking into microscope at IGI lab
GradingDec 11, 2024
IGI Set to Go Public Next Week

In a CNBC interview, CEO Tehmasp Printer discussed the IPO in India and what declining lab-grown diamond prices mean for the company.

Heuer Monaco Ref. 1133B
AuctionsDec 11, 2024
Sotheby’s Important Watches Sale Fetches $16.6M

The offering included vintage Rolexes, timepieces worn in “Titanic,” Steve McQueen's watch, and a special Citizen pocket watch.

Stephanie Gottlieb, Anna Harman, Stephanie Gottlieb x Studs Collection
CollectionsDec 11, 2024
Stephanie Gottlieb Brings Natural Diamonds to Studs

The 13-piece “Stephanie Gottlieb x Studs” collection is the piercing studio’s first fine jewelry offering to feature the gemstone.

Exterior of Sauer’s Madison Avenue Store
IndependentsDec 10, 2024
Sauer Opens First U.S. Store

The Brazilian jewelry brand made a home on New York City’s Madison Avenue with exclusive pieces only available at the location.

Person at keyboard holding credit card
SurveysDec 10, 2024
Jewelry Among Top Sellers on Cyber Monday, Says Adobe

An Adobe Analytics report explored the rise in mobile shopping, the popularity of Buy Now Pay Later options, and peak shopping hours.

American Gem Trade Association and University of Arizona
Events & AwardsDec 10, 2024
AGTA Launches Scholarship for University of Arizona Geosciences Students

The inaugural Dick Greenwood Memorial Scholarship in Gems Science will cover the fall 2025 and spring 2026 semesters.

JA New York Show Entrance
Events & AwardsDec 10, 2024
JA New York To Debut 2 New Pavilions at Spring 2025 Show

A Piazza Italia pavilion will feature Italian designers and manufacturers while “MJSA Showcase” brings over a piece of the MJSA Expo.

Ray Griffiths and Ray Griffiths: The Works
CollectionsDec 09, 2024
Ray Griffiths’ First Coffee Table Book Spans 5 Decades of Design

“Ray Griffiths: The Works” tells the story of the master jeweler’s career, which started with an apprenticeship in Australia at age 15.

Grant Mobley and Thomas Davis
MajorsDec 09, 2024
Thomas Davis, Grant Mobley Join WJA Foundation Board

Davis is the director of business development at Select Jewelry Inc., and Mobley is the jewelry and watch editor at the Natural Diamond Council.

Movado campaign
FinancialsDec 09, 2024
Movado’s Q3 Sales Down 3% Amid ‘Challenging’ Environment

The retailer has been upping its marketing spend to drive revenue growth and brand awareness.

Treiber & Straub store Brookfield, Wisconsin
IndependentsDec 06, 2024
After 44 Years in Business, This Wisconsin Independent Is Closing

Mike Straub and John Treiber opened Treiber & Straub in 1980 with the goal of bringing Milwaukeeans the best jewelry brands.

Pantone Color of the Year Mocha Mousse
TrendsDec 06, 2024
Pantone’s Color of the Year Is a Delicious Mousse

The color for 2025, “Mocha Mousse,” embodies thoughtful indulgences and everyday pleasures.

Cocoerow Fine Jewelry’s Kokoro Ant Pendant
CollectionsDec 06, 2024
Piece of the Week: Cocoerow Fine Jewelry’s ‘Kokoro’ Pendant

The Yoruba word for ant, “Kokoro” embodies the strength of womanhood in ant society while highlighting responsible sourcing.

Roberto Coin jewelry
FinancialsDec 06, 2024
Roberto Coin Acquisition Gives Watches of Switzerland a Boost in H1

The retailer’s jewelry sales doubled, with branded jewelry performing especially well.

Gold rings
FinancialsDec 05, 2024
Signet Jewelers’ Q3 Sales Slide Amid Slow Engagement Ring Sales, Tech Issues

The jewelry retailer addressed the lab-grown diamond “disruption,” the price of gold, and its holiday weekend performance.

Hand holding shopping bags
SurveysDec 05, 2024
Consumer Confidence Rises Again in November

A more positive view of the current labor market boosted the Conference Board’s index last month.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy