Sherry Smith shares data on the year gone by, including the breakdown between natural and lab-grown diamond sales.
Vermont’s Goodfellows Fine Jewelers Closes Its Doors
The Gentl family purchased the business in 1961.
Barre, Vt.—Just as it was about to celebrate its diamond anniversary under the current owners, Goodfellows Fine Jewelers in Vermont has closed its doors.
The retailer discontinued its business operations last month after a going-out-of-business sale following the death of company President Raymond Gentl, the Jewelers Board of Trade confirmed to National Jeweler.
Gentl’s father, Virgil, and mother, Rose, purchased the business in 1961, according to a local news story about the closing, and the Barre, Vermont jewelry store has been in Gentl hands since then.
The report said neither of Raymond Gentl’s children were able to take on the family business at the time of their father’s death late last year.
(Andrea is a New York City photographer, and Eric, who still lives in Barre and spent some time working at Goodfellows, is in antiques.)
The store’s history is believed to date back to the mid-1800s when it was J.G. Nichols & Son.
In 1910 W.H. Goodfellow purchased it and ran it with his son, calling it W.H. Goodfellow & Son. They operated the business out of a small space before moving across the street in 1930.
It was purchased once again in 1936 and changed to Goodfellows Jewelers.
It changed ownership and locations again one more time, the news story said, before ending up at the location where it remains today, which is where it was when Virgil Gentl, a New York diamond merchant, purchased it nearly 60 years ago.
According to its website, Goodfellows Fine Jewelers had an extensive collection on display at its Barre showroom as well as on-staff jewelers and designers for custom designs. It also carried diamonds, colored gemstones, estate jewelry, and antiques.
The Latest
The company also is matching donations made to Jewelers of America and the Diamond Council of America’s Jewelers Relief Fund.
Now in its fourth year, the program is expanding to include a list of “20 Under 40” for jewelry suppliers.
The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
Core retail sales during the 2024 holiday season surpassed the National Retail Federation’s forecast.
The “Reach for Life” collection uses feather and arrow motifs to invite growth and inner curiosity.
Peter Smith pulls back the curtain on the often misinterpreted, and sometimes maligned, world of sales training.
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
Pantone’s 2025 Color of the Year takes the form of jewelry through gemstones and enamel that look just as delicious as mocha mousse.
From raffles to auctions to donations, the industry is working to aid charities in Los Angeles amid the raging wildfires.
Julia Hackman Chafé and Monica Elias have joined the organization’s board of directors.
The company, which owns Cartier and Van Cleef & Arpels, had a record Q3, with sales topping $6 billion.
The necklace features a sapphire drop weighing more than 9 carats that detaches to transform into a ring.
Jameel Mohammed, founder of Afrofuturist brand Khiry, will receive a cash prize and a one-year paid fellowship with Tiffany & Co.
The watches’ dials feature artwork celebrating the vibrant energy and unique landscapes of six of America’s national parks.
Offered by U.K. auction house Woolley & Wallis, the yellow diamond bracelet was a gift from Taylor’s good friend Michael Jackson.
The jewelry trade show returns to The Venetian Expo and The Venetian Resort in Las Vegas from June 6 to 9.
Associate Editor Natalie Francisco highlights her favorite fashion jewelry pieces from the upcoming “Unapologetically Iris” auction.
The closures are part of the retailer’s plan to close 150 locations over a three-year period.
The online guide is available for free and written with the jewelry industry in mind.
The awards honor the late Jose Hess, a founding member of AJDC and an award-winning jewelry designer.
The grading lab said the search for her successor is underway.
In this special op-ed, designer Jules Kim calls on big brands to collaborate with independent creators instead of copying their designs.
A pioneering figure in gemology, he is remembered for his spirit of generosity, curiosity, and joy.
The peak selling days leading up to Christmas did not meet the jewelry retailer’s expectations.
Schneider brings over 20 years of luxury and fashion industry experience to his role as a key member of the brand’s global leadership team.
Gemfields said the Zambian government revoked the 2019 suspension of the tax with no warning.