The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.
Marla Aaron’s Vending Machine Moves to Manhattan
After stints at a Brooklyn museum and hotel, the creative selling concept has made a move to its first traditional retail set-up.

New York—Marla Aaron’s fine jewelry-dispensing vending machine may have been born in Brooklyn, but now it’s graduated to Manhattan.
This month, the machine, which carries a curated assortment of Aaron’s lock pendant necklaces and bracelets, opened up for business at handbag boutique MZ Wallace’s SoHo location.
It’s the first time the machine has set up shop not only in New York City’s most bustling borough, but also in a traditional retail store. It debuted in December 2017 at the Brooklyn Museum and in July 2018 moved to the William Vale Hotel, where, like all fine jewelry touchpoints physical or otherwise, it had to face the reality of jewelry theft.
Overall, the vending machine concept, which Aaron has been continuously adjusting to optimize the experience, has proved to be successful with consumers so far.
“We have learned so much about our customers—about how they engage with the machine and how they engage with the interactive feature—and we keep tweaking the experience,” Aaron told National Jeweler.
“The most important thing we have learned though is our customers are happy to buy our jewelry that they know and love from our machine and that new customers are curious enough to learn more about us because of a nice encounter with our machine.”
The concept now will have the added benefit of encountering customers who are already shopping for accessories in the form of MZ Wallace’s handbags and totes. And with styles starting at $130 for a sterling silver lock, less than the price of an average MZ Wallace tote, a Marla Aaron piece is an easy buy, though the machine’s year-plus journey has shown that customers are willing to spend more; the $644 14-karat gold baby-lock on a fine square-link gold chain is the best-seller and the most expensive piece currently in the machine is $1,739.
Aaron selected the specific jewels to be sold inside the machine during its latest iteration with the help of Wallace co-founder Lucy Wallace Eustice.
The machine will reside in the store located at 93 Crosby Street through Feb. 24.
Aaron said that more machines are in the works and ultimately, “Our goal is to be in all of these types of environments and others.”
The Latest

Jewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.

The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.


Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

Senior Editor Lenore Fedow learned a lot when she took a behind-the-scenes factory tour with the jewelry brand earlier this year.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.

The online auction house’s September sale will feature rough Brazilian emeralds of various qualities.

She’ll lead an executive committee consisting of President-Elect Bryan Moeller, Mitchell Clark, Bill Farmer, and Larry Rickert.

Announced Sunday, the deal will set the tax on goods imported into the United States from the European Union at 15 percent.

A new edition of the Italian brand’s “Ipanema” collection has debuted with gemstones that evoke Brazil’s breathtaking views.

The retailer will refer its customers to WonderCare, founded by venture capitalist and watch collector Kevin O’Leary.

Anne Hathaway was seen wearing the toggle necklace three times while filming scenes for “The Devil Wears Prada 2.”

Jewellery & Gem World Hong Kong is scheduled for Sept. 15 to 21, and buyer pre-registration will be available until Sept. 7.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

Mark and Candy Udell of London Jewelers will receive the honor at the 24th annual Gem Awards next March.

While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.

The “Fantasia” jewelry collection turns the intaglio animals from her “Close Encounters” collection into 3D characters.

The special Classic Avi Chronograph 42 with an Eagles-green dial is limited to 59 pieces, a nod to the Super Bowl Philadelphia just won.

JSA has received reports of mobs swarming jewelry stores, driving cars into the storefront or smashing through the windows.

The “Kashmir” collection features centuries-old craft techniques made in collaboration with the region’s master papier-mâché artisans.

Creative Director Erica Bianchini shared why the jeweler is looking to expand into the U.S. and how it’s putting Canadian craftsmanship on the map.

Two Los Angeles Fire Department stations plan to use the donations to upgrade their equipment and tools.