The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.
JFC Raises $1.95 Million for Charity Partners
Jewelers for Children announced the amount it will contribute to its philanthropic partners in the year ahead at its annual Facets of Hope gala in Las Vegas.

Las Vegas—At its 20th annual Facets of Hope event, Jewelers for Children announced it had raised $1.95 million to donate to its philanthropic partners in the year ahead.
That brings the total amount the organization has raised for children in need since it was founded in 1999 to $55.5 million.
“What an amazing milestone for the charity, and particularly for our industry,” said Pam Mortensen, JFC board chair. “I don’t think any of us could have imagined 20 years ago that we would be marking this occasion and to be announcing such an amazing number.”
Of the $1.95 million raised for the coming year, $425,000 will benefit St. Jude Children's Research Hospital; $525,000 will go to Make-A-Wish America; $425,000 to the Elizabeth Glaser Pediatric AIDS Foundation; and $375,000 to the National CASA Association.
Additionally, JFC is committing $75,000 to Make-A-Wish International for wish granting in India; $25,000 to the Santa-America Fund; and $50,000 for local grants which will be chosen later in the year via a social media voting campaign.
JFC is also working with the Organization for Autism Research for the first time, and donating $50,000 to the organization.
The Facets of Hope gala happened Sunday, June 3, during the Las Vegas jewelry trade shows, at the Mandalay Bay Resort and Casino.
During the evening’s program, JFC recognized Bill Luth, executive general manager/executive vice president of Kay Jewelers at Signet Jewelers, and Jeffrey Cohen, the president and CEO of Citizen Watch America.
Some of the former children who were direct recipients of JFC’s fundraising efforts were also on hand to update the audience on their lives, including Abby, who represented St. Jude Children’s Research Hospital, and was present at Facets of Hope in 2004; Paige, for Make-A-Wish America, who appeared and performed at Facets of Hope in 2005; and Pamela, representing the National CASA Association, who appeared in 2006.
The evening included silent and live auctions that saw attendees bid on items like paintings by Reena Ahluwalia and Shreya Mehta, as well as a gold and diamond replica of the Star Wars droid BB-8.
Hallmark Jewelry sponsored the after-party dessert, drinks and coffee, while Bulova sponsored a performance by British singer/songwriter Calum Scott.
The Latest

The industry veteran is bringing his 56-year run in the fine jewelry sector to an end.

Inspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

The company has promoted Katherine Whitacre to the role.


The jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.

Morrison has been marketing diamonds on and off since the early 2000s and said she is leaving to “pursue new projects.”

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

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

Up for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.

The organization also announced its international board of directors for the 2026-2027 term.

Saks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.

Smith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.

The Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.

The retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.

The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.

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

The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.

Dr. Akinwumi Adesina, a development economist, will head the fund created to help Botswana diversify its economy.

Sotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.

A private collection of five Paraíba tourmalines also will be up for sale at Sotheby’s High Jewelry auction in New York, scheduled for June 16.
























