Moti Ferder stepped down Wednesday and will not receive any severance pay, parent company Compass Diversified said.
Web Tech Co. Brings Augmented Reality to Jewelry Industry
Augmentes provides a shopping platform for retailers designed to entertain, engage and educate today’s consumers.

Houston--Global technology firm Augmentes is bringing a shopping platform to the jewelry industry that is designed to engage and educate today’s consumers.
The company is offering retailers e-commerce solutions ranging from web to mobile and allowing print and social media platforms to be more transactional with consumers through augmented reality.
Augmented reality is technology that superimposes a computer generated image onto a user’s view of the real world, providing a composite view. The proprietary software modules that Augmentes brings to retailers provide a cohesive digital consumer experience across online, mobile and in-store channels.
Augmentes said it can implement its turnkey solutions into existing software systems within 90 days.
Among the offerings for retailers are mobile-augmented commerce, augmented product catalog, print and product augmentation, 3-D augmented view, virtual touch and try-on, beacons for “near me” coupons and offers, image recognition for digital offers, and geo-fencing and sensor integration.
Rapid City, South Dakota-based Riddle’s Jewelry is the company’s first jewelry retail partner. The 65-store chain has said that since it partnered with Augmentes this year to redesign its website, e-commerce sales were up 30 percent in April and May, and 400 percent in June compared to last year.
Website page views are up 30 percent and online sessions increased by more than 20 percent, the store added.
The augmented reality market, along with that of virtual reality, is skyrocketing. In 2016, the market size of the two was $6.1 billion dollars, according to Statista, and is expected to more than double to $13.9 billion this year and reach $143.3 billion in 2020.
“You can imagine the potential augmented technologies have for the buyer socially and visually,” Augmentes founder Sundar Moorthi said. “Give customers the chance to interact on their smart phones and mobile devices, and you will compel them to purchases more often, simply because they are more involved with and stimulated by your products. More than any other industry, selling jewelry is about establishing empathy and creating desire, and nothing spurs desire like trying on jewelry. Augmented apps place customers virtually inside a product or store.”
For more information, call 281-401-9883, email sales@augmentes.com or visit augmentes.com.
The Latest

Lichtenberg partnered with luxury platform Mytheresa on two designs honoring the connection between mothers and daughters.

The miner announced plans to recommence open-pit mining at Kagem.

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

Michel Desalles allegedly murdered Omid Gholian inside World of Gold N Diamond using zip ties and then fled the country.


Associate Editor Lauren McLemore shares her favorite looks from a night of style inspired by Black dandyism.

Sponsored by Instappraise

Supplier Spotlight Sponsored by GIA

CEO Beth Gerstein discussed the company’s bridal bestsellers, the potential impact of tariffs, and the rising price of gold.

The brand’s first independent location outside of Australia has opened in Beverly Hills, California.

Cathy Marsh will lead the jewelry company’s efforts in the upper Midwest and western United States.

The company has multiple strategies for dealing with tariffs, though its CEO said moving manufacturing to the U.S. is not one of them.

Connecting with your customers throughout the year is key to a successful holiday marketing push.

Its commercial-quality emerald sale held last month totaled more than $16 million, up from about $11 million in September 2024.

Designer Lauren Harwell Godfrey made the piece as an homage to the 2025 gala’s theme, “Superfine: Tailoring Black Style.”

Expanded this year to include suppliers, JA’s 2025 list honors 40 up-and-coming professionals in the jewelry industry.

Located in Fort Smith, it’s the Mid-South jeweler’s first store in Northwest Arkansas.

The episode about the family-owned jeweler will premiere May 17.

The Houston-based jeweler’s new 11,000-square-foot showroom will include a Rolex boutique.

The turquoise and diamond tiara hasn’t been on the market since it was purchased by Lord Astor in 1930.

“The Duke Diamond” is the largest diamond registered at the Arkansas park so far this year.

The childhood craft of making dried pasta necklaces for Mother’s Day is all grown up as the 14-karat gold “Forever Macaroni” necklace.

Set with May’s birthstone and featuring an earthworm, this ring is a perfect celebration of spring.

“Bridal 2025–2026” includes popular styles and a dedicated section for quick pricing references of lab-grown diamond bridal jewelry.

Though currently paused, high tariffs threaten many countries where gemstones are mined. Dealers are taking measures now to prepare.

Located in Miami’s Design District, the 4,000-square-foot store is an homage to David and Sybil Yurman’s artistic roots.

May babies are lucky indeed, born in a month awash with fresh colors and celebrated with one of the most coveted colored gemstones.