Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.
Pearl Stringer Margaret Hoisik Dies
She is remembered as an artist who loved her craft and was devoted to her faith, her friends, and her family.

Hoisik was born in New York City in 1936 and spent most of her life working in midtown Manhattan as a pearl stringer.
In high school, she did a work-study program at Tiffany & Co., where she first learned the craft while assisting in the pearl stringing department.
After 22 years with the jeweler, she went to work at Cartier, where she spent around a decade before starting her own pearl stringing business.
In 2016, she retired at 80 years old.
She was proud of her craft and regarded her work friends as family too, according to her online obituary.
She also loved to crochet, particularly blankets, hats, cardigans, and other baby gifts.
Hoisik enjoyed teaching her nieces how to crochet and string pearls.
While everyone relished the lessons, not many “mastered the crafts” in the way she did, the obituary said.
Hoisik was a devout Catholic, and daily prayer was important to her.
She always looked at the positive side of life and never talked badly about anyone, her obituary said.
She was a good listener and loyal friend who never judged and frequently checked in on her loved ones.
Hoisik had a deep love of family. She never married but was very involved in the lives of her nieces and nephews, all of whom she treated as her own.
In an Instagram post, one of her grandnieces wrote, “Maggie was loving, before anything else. She stayed home from college to make jewelry which she sold to help pay for my grandmother’s schooling fees.”
Hoisik enjoyed family gatherings and was very involved around the holidays, from putting batteries into Christmas decorations to preparing Easter baskets and handing out candy at Halloween.
She never forgot a birthday or anniversary, always sending a card and making a personal phone call on the day. She kept the family together, her obituary said.
Later in her life, Hoisik moved to City Island with her mother to be closer to her cousins.
In recent years, she moved to Yorktown Heights to be closer to her sister, nieces, and nephews.
She was preceded in death by her parents, Catherine and Anthony Hoisik, and her brother Paul Michael “Mickey” Hoisik.
She is survived by her sister Mary and brother-in-law Kevin, as well as several nieces, nephews, grandnieces, and grandnephews.
The Latest

Mohr had just retired in June after more than two decades as Couture’s retailer liaison.

Shekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

This year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.


Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.

As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.

Its residency at Yamron Jewelers will run through May 2026.

The retailer is expanding into areas with large Indian and South Asian populations.

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

The new show will take place Jan. 23-25, 2026.

The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

The luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.

The company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.

In the recent multi-shipment seizure, CBP also found counterfeit Audemars Piguet, Moncler, and Chrome Hearts items.

Helzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.


















