The closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.
Carlos Gandia, Founder of Greenwich Jewelers, Dies at 76
He started as a bench jeweler at the age of 17 and was “never happier than when he was creating a piece of jewelry.”

New York--Carlos Gandia, who owned and operated Greenwich Jewelers alongside his wife for 32 years, died Monday. He was 76.
Born Sept. 3 1941, Gandia started in the business at the age of 17 as a jeweler’s apprentice, then model-maker and bench jeweler before opening his own booth in an exchange in New York’s Diamond District.
One day in 1976, he came home to his wife Milly with an ad that read, “Jewelry Store for Sale.” The couple saw their opportunity and opened Greenwich Jewelers, named for its location on Greenwich Street in Lower Manhattan.
The couple built their business with Carlos on the bench and Milly behind the counter, operating per the central tenet passed on to them by the man who sold them the store and acted as a mentor: Treat everyone who comes in as you would a guest in your home.
Gandia, who was known to everyone as Carl, loved being on the bench making jewelry and his clients, whom he considered to be friends.
During the Sept. 11 terrorist attacks, the building housing the store sustained structural damage, and Carlos and Milly, along with daughters Jennifer and Christina, were forced to move to nearby Trinity Place.
“One of the greatest joys of our lives is when we all worked together in the store as a family,” Jennifer Gandia and Christina Gandia Gambale wrote in a tribute to their father posted on the store’s Facebook page Thursday. “We came together in the wake of 9/11 to do all we could to keep the business alive. And together we thrived.”
In 2008, Carlos and Milly retired, leaving the business to their daughters, who recently renamed it Greenwich St. Jewelers as a nod to its original location.
“Carl was a dreamer who had the audacity to believe a Puerto Rican from the humblest of beginnings could become a businessman, serve his community and make a better life for his family,” Jennifer and Christina wrote.
“He instilled in us the values of honesty, hard work, service and of having fun while doing it all. We are forever grateful for his example, his love and the gift of this business where we can carry on a legacy of jewelry, the most precious marker of memories and moments in time.”
Viewings took place at McLaughlin Funeral Home in Brooklyn on Thursday. Services were set for Friday
In lieu of flowers, donations may be made to Gandia’s favorite charity, Operation Smile.
The Latest

The ring, our Piece of the Week, was designed by eight-year breast cancer survivor Rachel Chalchinsky of Color Source Gems.

The website offers enhanced member benefit access, industry directories, educational resources, a job board, and access to the MJSA Journal.

A Diamond Is Forever's holiday campaign reimagines natural diamond icons for a new generation celebrating individuality.

Boucheron and Pomellato had a strong third quarter, with Kering looking at jewelry as an increasingly important part of its portfolio.


Tara Sinchuri was the owner of Everest Jewels in Fairfield, Ohio, and a father of three. He was found dead in his store on Tuesday.

Bespoke experiences from Buccellati and Verdura are on the retailer’s 2026 “Fantasy Gifts” list.

Built on Relationships. Refined by Craft.

The number of participants at the fall show was up 12 percent.

The Academy and Grammy award-winning siblings have collaborated with John Hardy on a new jewelry line inspired by their personal style.

Diana Singer shared the stories of two “cursed” diamonds on this month’s podcast, which was inexplicably riddled with technical issues.

The De Beers-owned diamond mine in South Africa is being put on ice as part of a round of previously announced cost-cutting measures.

The collection centers designs with clean geometric lines, chunky sculptural pieces, and recognizable details from the luxury fashion brand.

The miner said it saw particularly strong prices for larger, fine-quality rubies at the sale.

The guard opened fire on a man who was smashing a jewelry display case at La Gran Plaza in Fort Worth last week, police said.

Jacob & Co.'s diamond masterpiece is the most expensive Fantasy Bra ever worn on the Victoria’s Secret Fashion Show runway.

The “Atelier” collection was inspired by the tools, rituals, and objects in an artist’s studio as a quiet rebuttal to an automated world.

The pending acquisition is an “exciting opportunity” for wedding vendors to grow their business, said The Knot Worldwide’s CEO.

"The Secret Gems" features eight Thai jewelry brands paired with a team of young craftspeople who create jewelry together to win challenges.

The brand’s “Modern Talisman” capsule collection introduces pendants inspired by the mythology, natural world, and spiritual ethos of Bali.

Independent jewelers from New Mexico to New Jersey answer the question: What has kept your store in business for 100 years?

The NRF is expecting holiday sales to increase this year, but consumers and retailers alike are facing Grinch-like headwinds.

Our Piece of the Week gathers the planets, represented by a variety of colored gemstones, in a pair of 14-karat yellow gold earrings.

The New York-based jeweler is moving its Amherst flagship store to a larger location in nearby Snyder.

Chen, who worked at Cartier and Tiffany & Co., will lead retail sales and operations for the luxury jeweler’s 11 U.S. stores.

For 40 years, sisters Amy and Elise Greenberg have helmed their 126-year-old family business, leading with appreciation and integrity.

It’s a term Smith coined and felt compelled to share following a bad experience with an aborted flight and an unfeeling flight attendant.





















