The jewelry giant released preliminary results for the fourth quarter and full year on Monday, with final results slated to come next week.
Silverscape Designs Set to Close Amid Owner’s Retirement
Wally Perlman stepped in to run his late brother Denis’ jewelry store after a tragic plane crash but is heading into retirement after 20 years.

Northampton, Mass.—Silverscape Designs is closing up shop after more than two decades in downtown Northampton, Massachusetts.
The late Denis Perlman founded the first Silverscape Designs in Amherst, Massachusetts in 1976 inside a converted Victorian style house, though this location later closed.
He expanded to Northampton a decade later, settling in on Pleasant Street.
In 1993, Perlman purchased a granite and limestone Art Deco building, formerly the home of the First National Bank, on the corner of Main and King streets, and moved the store there.
He transformed the 8,000-square-foot building into retail space, preserving most of the original details, including decorative moldings, stained glass windows, woodwork, the bank vault, and teller windows, which are now stations for repairs and appraisals.
A standout feature of the space is the stained-glass skylight that depicts the 12 signs of the zodiac, while its outdoor clock grabs passerby attention as well.
Perlman’s jewelry designing career began when he was a student at the Massachusetts Institute of Technology, later selling jewelry out of a blue school bus.
Outside of jewelry, Perlman was an airplane enthusiast and a licensed pilot.
He died in a single-engine plane crash in 2000, leaving the store to his brother, Wally Perlman.
The late Perlman was honored in 2012 as part of a memorial to recognize local citizens that “have had a significant impact on downtown Northampton's vitality.” He was one of the first nine honorees on the memorial.
“After Denis died, I found out he wanted me to run the store, and so that’s what I did, kept the store and Denis’ legacy going,” Wally said in a press release about the store’s closure.
“Although I’ve looked after it for twenty years, the store has always been about Denis and the jewelry,” he said.
At the age of 77, Wally is ready to retire.
“It’s bittersweet to close the store, but I’m grateful to the customers and community support over many years, and that my brother Denis will be remembered well,” Wally said.
He credits the store’s success to its staff, noting many of the team has been with the company for years. The team has downsized to nine employees from its original 20-plus as it begins to close.
The store’s going-out-of-business sale begins Nov. 24 with special COVID-19 precautions in place.
The Latest

The retailer also gave an update on its vendor partnerships.

The award-winning actress is the “epitome of modern allure,” the brand said.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The “Bloom” collection draws from the flower power movement of the 1960s and ‘70s with inlay pendants offered in eight colorways.


The unique piece was one of the custom works offered at the foundation's recent silent art auction, which garnered nearly $15,000 in total.

Bulgari named Gyllenhaal as its brand ambassador for his embodiment of artistic depth, intellectual curiosity, and warmth.

With refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.

Awards were given to four students, one apprentice, and an emerging jeweler.

The top jewelry lot of the late model’s estate sale, hosted by John Moran Auctioneers, was an Oscar Heyman & Brothers for Cartier necklace.

Moses, who started at GIA’s Santa Monica lab in 1976, will leave the Gemological Institute of America in May.

Increased competition, falling lab-grown diamond and moissanite prices, and the rising cost of gold took a toll on the moissanite maker.

The earrings, our Piece of the Week, feature pink tourmalines as planets orbiting around an aquamarine center set in 18-karat rose gold.

“The Price of Freedom” campaign video for International Women’s Day confronts the quiet violence of financial control.

Also, a federal judge has ordered that companies that paid tariffs implemented under the IEEPA are entitled to refunds.

The ever-growing collection, which just expanded with the addition of Olga of Kyiv, features cameos of 12 women from history.

We asked a jewelry historian, designer, bridal director, and wedding expert what’s trending in engagement rings. Here’s what they said.

The annual event will be held in Orlando, Florida, from Sept. 14-17.

The “Outlander” star modeled for the digital cover of the magazine’s spring issue, which features a story on her relationship with jewelry.

This year’s annual congress, which will mark the confederation’s 100th anniversary, will take place this fall in Italy.

Beverly Hills was chosen as the location for the brand’s first store, designed as a “private residence for modern monarchs.”

Kering, Apple, and other retailers have reportedly temporarily closed stores in the Middle East region in light of the recent conflicts.

Beth Gerstein discusses the vibe of the new store, what customers want when fine jewelry shopping today, and the details of “Date Night.”

Nearly half of buyers are prioritizing silver and fashion collections this season, organizers said.

The “Live Now. Polish Later.” campaign features equestrians wearing the brand’s jewels while galloping across the icy plains of Kazakhstan.

The precious metals provider has promoted Jennifer Ashworth to the role.

Nelson will be honored as the inaugural grant winner at the Gem Awards gala on March 13.




















