The model and fashion editor’s gold evening bags were the top lots at the London sale, going for more than $25,000 each.
Retail Job Losses Called the ‘Next Big Political Problem’
Meet the Press tackled the issue Sunday, as did The New York Times with a spotlight on the Western Pennsylvania city of Johnstown.
New York--Two major media outlets addressed the issue of retail job losses over the weekend, with Meet the Press calling it the “next big political problem.”
During the “Data Download” segment of the Sunday morning news program, host Chuck Todd presented data from the Bureau of Labor Statistics showing that the number of people employed in retail declined between 2014 and 2016, even as the unemployment rate shrank.
He also pointed out that while disappearing manufacturing and coal jobs get a lot of attention from politicians, the number of positions lost in retail has “been largely ignored,” even though it is an industry that employs millions more than coal and is both demographically and geographically diverse.
“The loss of retail jobs is on the verge of hitting a crisis point, which will make it a hot-button issue in our politics,” Todd said. “Expect the great retail displacement to become a growing, major issue in 2018 and 2020 ... The biggest issue in the next 25 years will be work--the future of it--the population is growing and the jobs are disappearing.”
Also on Sunday, The New York Times ran an article about how the loss of retail jobs and the rise of online shopping is impacting small cities in the Northeast and Midwest that came to rely on retail for employment after their factories and mills shut down.
The Times article focused on Johnstown, a city in Western Pennsylvania that, like other areas in that half of the state, never really recovered from the closure of its steel mills.
Many of those who stayed in the area found retail to be their only employment option but, now, those jobs are disappearing as mom-and-pop stores lose ground to e-tailers. And while online retailers are creating jobs, they aren’t necessarily in smaller cities like Johnstown, the Times article states.
Among the small retailers profiled in the piece was Randy Clark, who runs family-owned men’s wear shop Miller’s Clothing Store.
Clark’s story will sound familiar to independent jewelers--struggles with vendors that won’t let him sell their product online (even though they do), a more casual society that has led to a decrease in demand for the product he sells, and the need to revamp his store in order to make it more of an experience.
The Times article also featured local jeweler Tom Apryle IV, who runs the jewelry store his great-grandfather opened in 1902,
The Latest

Fresh off winning the David Yurman Gem Awards Grant, Nelson discusses the ring that launched his career and his plans for the future.

The “stunning” Type IIb stone was found via x-ray technology at its Karowe mine in Botswana.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

“The Basics of Jewelry” has been updated to include modern topics and visuals.


Held just before the Oscars, the jewelry industry’s big awards show had its share of standout jewelry, gowns, and acceptance speeches.

The Brazilian mine’s new collection features cabochons in soft, muted shades like silver and lilac.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The Academy Award-winning actress stars in Tiffany & Co.’s latest commercial, which debuted Sunday night during the Oscars.

The organizational change follows Kering’s promise of a transformation after declining sales in 2025.

Natalie Francisco rounds up the top Oscars jewels, including Rose Byrne’s Taffin necklace with a more than 20-carat yellow-brown diamond.

Béatrice Goasglas has been with TAG Heuer since 2018. She is the first woman to head the 166-year-old, LVMH-owned watch brand.

The live fine jewelry auction will take place later this week, showcasing antique pieces, rare gemstones, and signed jewels.

Our Pieces of the Week honor the 2026 nominees for the Gem Award for Jewelry Design, Silvia Furmanovich, Cece Fein-Hughes, and Catherine Sarr.

The 24-piece watch collection is set to debut in spring 2027.

Pooler, who has more than 25 years’ experience in jewelry, is now chief operating officer of Modani Jewels, Soham Diamonds, and SNJ Creations.

The reopening of the Waldorf Astoria means a homecoming for the industry group’s annual event, which will take place Saturday.

McCormack looked to the 19th century’s “golden age” of astronomy when designing her new celestial-themed collection.

Nelson will be honored as the inaugural grant winner at the Gem Awards gala on Friday.

The new smart design software allows jewelers to configure, price, and confirm a custom engagement ring in real time for in-store customers.

The 10,000-square-foot diamond manufacturing facility officially opened in late February and employs 50 people.

The MJSA Education Foundation’s scholarships support students pursuing jewelry careers.

The largest white diamond to come to market in the U.K. in more than a decade, the VVS1, I-color stone is expected to top $1 million.

Skelly shares her plans for reimagining the fine jewelry retailer she re-acquired after it faltered last year.

The collection takes inspiration from the emotional space between people, moments, and experiences.

The group of jewelers held a jewelry raffle in support of the Children’s Hospital of Richmond at VCU.

The jewelry giant released preliminary results for the fourth quarter and full year on Monday, with final results slated to come next week.























