Buying discipline at trade shows starts with clarity about your inventory levels, Smith writes.
Police Investigating $5-10M Diamond District Theft
The New York Police Department is looking into the theft of as much as $10 million in diamonds from the safe of a company headquartered in the city’s jewelry hub.
New York--The New York Police Department is looking into the theft of as much as $10 million in diamonds from the safe of a company headquartered in the city’s Diamond District.
News about the missing stones first surfaced late last week. Reuters and a number of other news outlets reported the name of the diamond dealer as Jonathan Birnbaum of J. Birnbaum Inc., but National Jeweler confirmed via a number of sources on Monday that it is Jonathan Birnbach, owner of J. Birnbach Inc., who reported that diamonds had been stolen from his New York City office.
While the NYPD would confirm little beyond the fact that an investigation is ongoing into a formal complaint of grand larceny, the New York Daily News reported that Birnbach first made police aware of the theft last Wednesday.
According to the News, he told police he had placed three wooden boxes of diamonds in the safe on Nov. 24, but hadn’t noticed they were missing until this month because he wasn’t working with those particular gems.
Birnbach also reportedly said the safe was left unlocked during business hours so he and his employees could get in and out of it easily throughout the work day, which isn’t unusual for a company in the Diamond District. However, one diamond dealer told National Jeweler that if there were people in the office who are not employees or regular visitors (e.g., construction workers), then protocol would dictate that the safe be locked.
Sources told the News that police are interviewing contractors who reportedly were doing construction work in the building during the time the gemstones disappeared, and also are reviewing footage from J. Birnbach’s video surveillance system.
A woman who answered the phone Monday at J. Birnbach’s office said the company had no comment on the case.
Jonathan Birnbach, who spent years working for his father Max’s company, Fullcut Manufacturers, opened J. Birnbach in 1996. A year later, he was joined by Udi Moritz. The company specializes in cutting high-quality diamonds and has a collection of one-off pieces of platinum and diamond jewelry.
The Latest

The trade show’s education series returns, with sessions on retail trends, AI, watches, marketing, corporate responsibility, and more.

The Curated Designer Project has expanded to highlight eight independent jewelry designers during CBG’s Las Vegas show.

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

Bring a cool tone to your summer jewelry with these white metal pieces.


The deal closed this week, which means Instore will produce the JA NY show slated to take place this fall.

The company’s jewelry sales were up in Q4 and the fiscal year, with Richemont raising prices in part because of the cost of gold.

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

The “Bauble” capsule collection of colorful one-of-a-kinds includes our Piece of the Week, the “Bauble” earrings, featuring rose zircon.

The updated catalog has a newly dedicated section for gift wrapping.

Everett covers colored stones’ surging popularity, the mellow return of the “Mellon Blue,” and his “The Devil Wears Prada” doppelgänger.

Fourth-generation CEO Lilly Mullen wants to emphasize experience, connection, and personalized service.

The new award, created in partnership with Henne Jewelers, honors the late designer’s legacy through supporting jewelry education.

The addition of the diamond-producing countries as nation affiliated members broadens the federation’s global representation, WFDB said.

Designer Viviana Langhoff has realized her dream of owning a space for her Chicago jewelry store that looks and feels like her brand.

The sessions will run from Friday, May 29, to Sunday, May 31, with one being a live taping of an episode of Couture’s podcast.

Former Stephanie Gottlieb Fine Jewelry executive Morgan P. Richardson is joining the lab-grown diamond jewelry brand.

The $400 pocket watch is a blend of Audemars Piguet’s iconic eight-sided Royal Oak and Swatch’s unserious Pop watches from the ‘80s.

With gold prices on the rise, the “Modern Electrum” collection uses an alternative, non-tarnishing metal alloy composed of gold and silver.

Fruchtman Marketing has new owners, Erin Moyer-Carballea and Manuel Carballea, and will relocate to Miami.

In a column for the 2026 State of the Majors issue, Smith lists 10 time-tested principles about sales that still ring true.

In a column for the 2026 State of the Majors issue, Golan spells out how the growing economic divide in the U.S. is reshaping the market.

The “Limitless Expansion of Joy and Hope” collection evokes summer through colored gemstones and motifs of butterflies and florals.

The jewel, circa 1890, is from the late Victorian era and was owned by descendants of the last high king of Ireland.

This is what the nine recipients plan to do with the funds.

The Western star’s 14-karat gold signet ring sold for six times its low estimate following a bidding war at U.K. auction house Elmwood’s.

The discussion, "Rebuilding the Jewelry Workforce," will take place on Saturday, May 16, in Troy, Michigan.
























