IndependentsFeb 02, 2024
Missouri Jewelers Win 2023 ‘Wag’ Award IndependentsJan 07, 2025
Edge Retail Academy Names 2024 ‘Wag’ Award Winner
The annual award, created in memory of business coach William “Wag” Wagner, went to a retailer in Fairfax, Virginia.
Quest Fine Jewelers in Fairfax, Virginia, won the Edge Retail Academy’s 2024 William (Wag) Wagner Business Excellence Award, which recognizes independent jewelers that demonstrate exceptional business growth. Pictured from left to right are store employees Ashleigh Tain, Sharyn Park, Randa Elhage, store owner Huan Tain (who is holding the award), Allison Nacht, Pamela Johnston, and Michael Harris.
Fairfax, Virginia—The Edge Retail Academy announced Tuesday that Quest Fine Jewelers is the winner of the 2024 William “Wag” Wagner Business Excellence Award.
The Wag Award recognizes the Edge Retail Academy partner retailer that has achieved the most exceptional business growth over the past 12 months.
Quest Fine Jewelers’ gross sales grew 25 percent in 2024, while gross profit dollars jumped 31 percent, the Edge Retail Academy said.
The Fairfax, Virginia, jeweler also reduced its overall inventory by $400,000 and decreased its aged inventory by $261,000.
The Edge Retail Academy presented the award, along with a check for $1,000, to the store’s owner, Huan Tain.
Related stories will be right here …
The Wag Award recognizes the Edge Retail Academy partner retailer that has achieved the most exceptional business growth over the past 12 months.
Quest Fine Jewelers’ gross sales grew 25 percent in 2024, while gross profit dollars jumped 31 percent, the Edge Retail Academy said.
The Fairfax, Virginia, jeweler also reduced its overall inventory by $400,000 and decreased its aged inventory by $261,000.
The Edge Retail Academy presented the award, along with a check for $1,000, to the store’s owner, Huan Tain.
Tain said the Edge Retail Academy’s experience, insight, and dedication have been invaluable to his jewelry business.
“I feel I’ve only scratched the surface of what’s possible, and I’m excited for all that lies ahead,” he said.
“For anyone considering a partnership with Edge Retail Academy, I can confidently say it will be one of the best decisions for your business.”
The Edge Retail Academy has presented the Wag Award to one retailer jeweler each year since 2019.
It was created to honor the service and legacy of longtime Edge Retail Academy business coach William Wagner, better known as Wag.
Wagner died in 2018.
More on Independents
The Latest
Events & AwardsApr 18, 2025
Daymond John to Give Keynote at JCK Las VegasThe entrepreneur and “Shark Tank” star will share his top tips for success.
CollectionsApr 18, 2025
Piece of the Week: Dukachi’s ‘Easter Bread’ PendantThe Ukrainian brand’s new pendant is modeled after a traditional paska, a pastry often baked for Easter in Eastern European cultures.
MajorsApr 18, 2025
Tiffany & Co. Employees Star in Mother’s Day CampaignThe “Strong Like Mom” campaign features moms who work at Tiffany & Co. and their children.
CollectionsApr 17, 2025
John Hardy, Athena Calderone Partner on Art Deco Decor-Inspired CollectionInterior designer Athena Calderone looked to decor from the 1920s and 1930s when crafting her first fine jewelry collection.
Weekly QuizApr 18, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
FinancialsApr 17, 2025
Movado Group to Increase Prices to Offset Tariffs ImpactDuring a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.
Lab-GrownApr 17, 2025
NDC Launches Its Diamond Learning CenterThe free program provides educational content for jewelry salespeople and enthusiasts to learn or refresh their diamond knowledge.
Brought to you by
The Heart of the Industry: Giving Bench Jewelers the Recognition They DeserveBench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.
Policies & IssuesApr 17, 2025
Jewelers of America Requests Tariffs Testimonials from MembersThe feedback will be used to prepare other jewelers for the challenges ahead, the organization said.
TechnologyApr 17, 2025
Technology Therapy Group Expands AI Training for Jewelry RetailersThe online sessions are designed to teach jewelers to use AI tools like ChatGPT and Claude to grow their business.
CollectionsApr 16, 2025
Foundrae’s First Commitment Jewelry Collection Unites Through LoveThe “United in Love” collection offers tangible mementos of hearts entwined with traditional and non-traditional commitment heirlooms.
IndependentsApr 16, 2025
Indiana Jeweler to Host Black Jewelry Designer Pop-UpRobert Goodman Jewelers will hold a “Black Jewelry Designers and Makers” event on April 27.
MajorsApr 16, 2025
WJA Announces Board Members, New Chicago Chapter PresidentThe announcements follow a tumultuous start to 2025 for WJA, which saw a wave of resignations following controversial statements about DEI.
EditorsApr 15, 2025
Tariffs: What We Know Right Now Editor-in-Chief Michelle Graff answers questions about how the new taxes levied on countries like India and China will impact the industry.
EditorsApr 15, 2025
Q&A: Bogolo Joy Kenewendo on Making Deals, Marketing DiamondsKenewendo, Botswana’s minster of minerals and energy, discusses closing the deal with De Beers and the work that was missed along the way.
AuctionsApr 15, 2025
23-Carat ‘Golconda Blue’ Heads to AuctionThe historic fancy vivid blue diamond set to headline Christie’s Geneva sale next month could sell for up to $50 million.
FinancialsApr 15, 2025
LVMH’s Q1 Sales Slip 2 PercentLVMH CFO Cécile Cabanis also discussed the effects of tariffs so far.
CrimeApr 15, 2025
Jon Hamm Plays a Jewel Thief on Apple TV+The “Mad Men” and “The Morning Show” star steals jewelry, art, and handbags from his wealthy neighbors in “Your Friends & Neighbors.”
SourcingApr 15, 2025
Diamond Club West Coast Names 2025 BoardThe organization has reelected Kalpesh Jhaveri as president.
FinancialsApr 14, 2025
Movado to Restate Years of Financials Due to ‘Misconduct’ in Dubai An investigation found that the former managing director of Movado’s Dubai branch overstated and prematurely recorded sales.
CollectionsApr 14, 2025
Sauer Embraces Emptiness Through ‘Ma’ CollectionThe collection pays tribute to the Japanese philosophy of Ma, studying balance, stillness, and the interplay between presence and absence.
IndependentsApr 14, 2025
Illinois Jeweler Closing After 45 YearsMari Lou’s Fine Jewelry in Orland Park, a suburb of Chicago, is closing its doors.
GradingApr 14, 2025
GIA Expands Overseas Services as Tariffs Kick InGIA’s labs in Dubai and Hong Kong are now accepting larger diamonds in light of the “logistical challenges” presented by the new tariffs.
AuctionsApr 11, 2025
Piece of the Week: A Replica of Princess Grace’s Wedding EarringsThese earrings by Van Cleef & Arpels, featuring the same design as a pair worn by Princess Grace, are up for auction at Woolley & Wallis.
Recorded WebinarsApr 11, 2025
Watch: Top Tips for Saving Time With AITwo experts share how artificial intelligence tools can help retailers run a more efficient business.
SourcingApr 11, 2025
Mikimoto Names New President, CEO for U.S. DivisionKentaro Nishimura, who has been with the pearl company since 1997, has been promoted to president and CEO of Mikimoto America.
WatchesApr 11, 2025
Bulova Documentary Now on Amazon Prime“America Telling Time: 150 Years of Bulova” explores the storied history of the American watchmaker.
