While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.
Graff tours Graff
With a surname like Graff and a job covering the diamond industry, I’m constantly asked if I’m related to well-known diamantaire and billionaire Laurence Graff. To answer this question once and for all, no. To be honest, until I took...
With a surname like Graff and
a job covering the diamond industry, I’m constantly asked if I’m related to
well-known diamantaire and billionaire Laurence Graff.
To answer this question once
and for all, no.
To be honest, until I took
this job, I had never heard of Laurence Graff. The most famous Graff in my mind
was tennis player Steffi Graf—different spelling but possibly the same family.
(It’s my understanding that my relatives added the extra “F” when they
immigrated to the United States.)
In any case, this Graff opted
last week to take a tour of that Graff’s relatively new store on Madison Avenue
with help from Graff public relations director Danielle Rossi.
The store, which opened in
November and is an upgrade from a smaller space Graff used to occupy nearby,
didn’t disappoint.
My first observation about
the store (I’ll skip all the boring details about the elegant décor, which is
intended to be sophisticated yet not intimidating, etc., etc.) is that it definitely was not dead.
People milled in and out,
sitting with sales associates at the swank tables and pouring over pieces of
dazzling diamond jewelry.
In a store like Graff
Diamonds, there is no shortage of eye-catching pieces; Laurence Graff is famous
for plunking down millions for some of the world’s most high-profile rough and
polished diamonds, like the recent 478-carat rough diamond dubbed the “Leseli
la Letseng” (the Light of Letseng), a diamond recovered from the Letseng le
Terai Mine in the African kingdom of Lesotho.
Through manufacturing arm
Safdico, Graff (Laurence, not Michelle) paid $18.4 million for the stone.
And while stones such as the
70-carat fancy intense-yellow cushion-cut ring sparkling from one of the
rotating display cases can’t be missed, my favorite piece in the store was
actually a dark-gray pearl ring surrounded by what could best be described as
an art deco-inspired fan of diamonds.
Alas, however, as I
discovered through chatting with Danielle, Graff doesn’t loan pieces, even to
people with the same surname.
It looks like a moniker is
all I will ever share with Laurence Graff.
The Latest

Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.

Reena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.


Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.

The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.

José Gaztelu has been promoted to the role, which has been vacant since last year.

It has also opened the application period for the Seymour & Evelyn Holtzman Bench Scholarship through June 30.

The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.

The company announced the change alongside its Q1 results, which showed that the jewelry brand’s year is off to a shaky start.

The retailer will cut 16 percent of its corporate workforce as part of its plan to exit bankruptcy.

Of the many examples used in the filming of “Le Mans,” this one is believed to have spent the most time on Steve McQueen’s wrist.























