ColumnistsFeb 12, 2025
Peter Smith: 9 Store Manager Archetypes Smith details the types of store managers he’s encountered, with the goal of helping retailers find a person who’s a fit for their store.
EditorsJul 12, 2012
Milt Gralla, 84: People who build
Milton Gralla, a legendary publishing executive in our business and whom many have known through his lifetime commitment to philanthropy, has passed away at age 84. Though National Jeweler was founded in 1906, it was when Milt and his brother...
Milton Gralla, a legendary publishing executive in our business and whom many have known through his lifetime commitment to philanthropy, has passed away at age 84.
Milt and Larry were real creators, guys who built their highly successful business from the ground up. They began by shepherding together trade journalists in what may have been the first real national network of business-to-business "stringers"--talented reporters who could write on topics across a large span of disciplines. Milt and Larry quickly became known for their honesty and extreme level of trustworthiness among all who worked with and for them, a quality Milt told me several times laid the foundation for their success.
As they grew, a next logical step became the acquisition of magazines. And the Grallas conceived of and developed a readily embraced business model. They would buy properties that were widely recognized in their fields but not living up to their potential. Among an eventually large stable of such titles was National Jeweler, which was being published in Chicago as a monthly, digest-sized magazine.
The Grallas blew it up to its famous tabloid size and positioned it as the news provider to fine jewelry retailers. As such, it served as an essential provider of market news and analysis to generations of North American jewelers.
Milt had a special place in his heart for the jewelry business, and he quickly embarked on a lifetime of service within industry organizations. Especially near to his heart were Jewish philanthropic causes. And even before he had achieved the enormous success he and Larry would go on to enjoy, he established himself as a large donor and participant in a vast number of such efforts.
Milt tried to instill that ethic into those who worked with him, and many of us owe him immense gratitude for steering us along those paths that he pioneered for us.
Milt was a hands-on executive, who never placed himself above those who worked for him. He was reverered for rolling up his sleeves and digging in as a regular guy. He was the type of
Editors' Picks
Sponsored by
leader executives and gurus today seem to pay endless lip service to. But he was the real deal.
He did things not just for personal profit. The term today might be "old-school." He did the right things because he believed in doing the right things. He created because he was enormously talented. He shared because he had the heart of a lion.
Milt was a mensch.
Even after he and Larry sold the business they created, they continued to attend company meetings to ensure that those they had left behind were being treated fairly. He continued in his philanthropic ways and expanded to take on teaching journalism courses to young, eager students at a number of institutions, never forgetting the head start given to him by his education in journalism at the City College of New York. Milt loved mentoring young professionals entering the craft and endeavored to give them a leg up as they started out.
I have spent the vast majority of my professional career and nearly half my life trying to follow the example set by this man. In my 23 years at National Jeweler, I have never once forgotten or lost sight of the fact that this magazine was created by an extraordinary individual. And extraordinary individuals are few in life.
Thank you Milton Gralla, and may God grant you that very special place in heaven reserved for people like you.
More on Editors
The Latest
Events & AwardsFeb 11, 2025
JA Seeking Nominations for Its Next ‘20 Under 40’ ClassThe program has been expanded to include a “20 Under 40” list for jewelry suppliers and is accepting nominations through Feb. 19.
CrimeFeb 11, 2025
2 Men Charged With Selling Stolen Jewelry, Watches in NYC Diamond DistrictOne of the men is said to be connected to the South American crew charged with burglarizing Cincinnati Bengals QB Joe Burrow’s home.
Brought to you by
3 Ways to Capitalize on America’s Newfound Love of Colored GemsColored stones are stepping into a jewelry spotlight typically reserved for diamonds—are you ready to sell color?
WatchesFeb 11, 2025
Bulgari, MB&F Launch Reimagined ‘Serpenti’ WatchThe brands immersed one of Bulgari’s most famous historical icons in MB&F’s ultra-mechanical universe of haute horlogerie.
Weekly QuizFeb 06, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
FinancialsFeb 11, 2025
Boucheron a Bright Spot as Kering’s Full-Year Sales Sink 12%The luxury titan’s full-year performance was weighed down by struggling sales at its star brand Gucci.
MajorsFeb 11, 2025
Midas Chain Releases First Diamond CollectionThe jewelry manufacturer has launched more than 100 pieces made with natural diamonds.
Brought to you by
3 New Year’s Resolutions for Jewelry Lovers The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
SurveysFeb 10, 2025
Jewelry Resilient in 2024 Even As Luxury Sales Slipped, Says Bain & Co.Bain & Co.’s latest report on the luxury market examines why the market’s customer base is shrinking and how to appeal to consumers in 2025.
CrimeFeb 10, 2025
Counterfeit Jewelry Kept Kentucky Customs Agents Busy in January, CBP Says Officers in Louisville seized 28 shipments of fake jewelry and watches that would have been worth more than $27 million if genuine.
CollectionsFeb 10, 2025
Hearts on Fire Flips Jewelry ‘Inside Out’ in New CollectionThe collection centers on the art of tailoring, inspired by designs that feature folded fabrics, such as a tuxedo lapel.
Events & AwardsFeb 10, 2025
Select Jewelry Show Heads to NashvilleThe trade show has added a new location to its fall line-up.
CollectionsFeb 07, 2025
Piece of the Week: Jade Trau’s ‘Ladybird’ CharmFrom the brand’s latest collection of lucky charms, the ladybird is seen as a bearer of good fortune and a ward against negative energy.
SourcingFeb 07, 2025
De Beers’ Production Guidance Slashed, Anglo Anticipates Another WritedownThe moves come amid a prolonged period of lower demand for diamonds, particularly in China.
Events & AwardsFeb 07, 2025
Registration Opens for Stuller’s Bench Jeweler WorkshopThe workshop returns in March, along with the “Battle of the Benches” mini challenge series.
IndependentsFeb 06, 2025
106-Year-Old Jewelry Store Saved by New OwnersTwo attorneys purchased Windsor Jewelry, which was set to close, and will retain all existing staff at the downtown Indianapolis store.
MajorsFeb 06, 2025
Oscar Heyman Employee Celebrates 60 Years With the Company Adam Heyman joined the family business in 1965, just weeks after graduating from Columbia Business School.
CollectionsFeb 06, 2025
De Beers Jewellers’ New High Jewelry Pays Homage to the Beauty of TreesThe “Essence of Nature, Chapter One” collection echoes trees and roots, literally and figuratively, through three sets of high jewelry.
IndependentsFeb 06, 2025
Hamilton Jewelers Revamps Palm Beach BoutiqueThe fourth-generation, family-owned jeweler has given its Worth Avenue store a new look.
CrimeFeb 05, 2025
‘The Timepiece Gentleman’ Sentenced to 5-Plus Years Behind Bars Luxury watch dealer Anthony Farrer pleaded guilty late last year to defrauding clients in a scheme with Ponzi-type elements.
FinancialsFeb 05, 2025
Pandora Posts Double-Digit Growth After Strong Holiday SeasonIn its full-year results, the retailer shared its 2025 outlook and an update on the global rollout of its lab-grown diamond collection.
TrendsFeb 05, 2025
Amanda’s Style File: Feeling Fabulous in FebruaryCelebrate February birthstones and the gem shows in Arizona this month with a versatile stone like amethyst.
MajorsFeb 05, 2025
DCA Promotes Kristen Scheetz to Director of Education, MembershipScheetz has been with the nonprofit since 2007.
SourcingFeb 04, 2025
New Deal With Botswana Is Done, De Beers Confirms The agreement will allocate an increasing proportion of the country’s rough diamonds to the government of Botswana over the next decade.
Events & AwardsFeb 04, 2025
Van Cleef & Arpels’ Astronomy-Inspired Jewelry to Land at AMNH“Cosmic Splendor: Jewelry From the Collections of Van Cleef & Arpels,” opens April 11 at the American Museum of Natural History.
SurveysFeb 04, 2025
Valentine’s Day Jewelry Spending Forecast to Hit Record High, Says NRFThose celebrating Valentine’s Day this year are expected to spend a record $27.5 billion on jewels, flowers, candy, and more.
MajorsFeb 03, 2025
Qurate to Close HSN’s Florida HQ Amid RestructuringLayoffs will reportedly start next month as HSN plans to move into QVC’s location in Pennsylvania.
