The middle class is changing its approach to buying jewelry and affordable luxury goods, the NRF said.
Suspects Arrested in Kardashian Jewelry Heist
Police reportedly conducted a raid across France early Monday morning, rounding up more than a dozen suspects in the robbery of Kim Kardashian West.

Paris--French police have arrested more than a dozen people in connection with the Kim Kardashian West jewelry heist at a Paris hotel back in October.
According to French news site Europe 1, which broke the story early Monday morning, police arrested 16 suspects at 6 a.m. Monday Central European time in a simultaneous raid conducted across Paris and the Seine-Maritime and Alpes-Maritimes regions.
Agnès Thibault-Lecuivre, a spokeswoman for the Paris prosecutor’s office, told The New York Times (which has reported that 17 suspects were arrested) that the arrested group were in their 40s, 50s and 60s, with the oldest member being about 72.
Police used DNA recovered from the crime scene and footage from security cameras to identify some of the thieves.
Luc Poignant, a spokesman for a police union, told the Times that some of this evidence was used to set up a larger surveillance effort that led to more of the arrests, explaining, “You have the robbers, and then the one who is going to sell off the goods, the one who puts people in touch, the stone cutter, etc.”
Police can hold the suspects up to 96 hours without charging them.
The heist took place during the early hours of Oct. 3. West, a reality TV and social media star, was robbed at gunpoint after five thieves disguised as police officers made their way into her hotel, l’Hotel de Pourtalès, and forced the establishment’s concierge to take them to West’s suite.
The thieves, who arrived and departed by bicycle, made off with a $4 million Lorraine Schwartz ring and a reported $5 million worth of additional jewelry, plus two cell phones and a wallet, and left West shaken but unharmed.
West has been mostly silent on social media since, only recently returning to the various platforms she uses last week.
So far, only one piece of stolen jewelry has been recovered: a platinum cross necklace that was found in the street the day after the robbery, thought to have been dropped by one of the thieves.
National Jeweler could not reach the Parisian police for comment by press time.
The Latest

It marks the third consecutive quarter of growth for Cartier, Van Cleef & Arpels, Buccellati, and Vhernier.

The reseller’s market trends report, based on its sales data, also shows exactly how much Rolex prices have jumped since 2010.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

The auction house will be hosting a retrospective paying tribute to jeweler Jean Dinh Van and his company’s 60th anniversary.


Jake Duneier and Danielle Duneier-Goldberg have stepped into the roles of CEO and president, respectively.

The “Impermanence” collection contemplates nature through the Japanese art of Ikebana (flower arranging) and philosophy of wabi-sabi.

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

The Texas-based jewelry retailer has set up shop in Tennessee and Arizona.

Eric Ford will step into the role, bringing with him decades of experience.

In addition to improved capabilities, the acquisition will allow the jeweler to offer support to other independent jewelers.

The “Celestial Blue” capsule collection campaign features Olympian Kateryna Sadurska.

The seasonal store, located in Mykonos, Greece, offers exclusive events, personal styling, and curated experiences.

The New England jeweler is hosting a bridal event for the month of August.

The trade-only event will host its debut fair in the Emerald City later this month.

Its sessions will focus on inventory strategies, staff performance, retention and acquisition, emerging market trends, and more.

For its 10th anniversary, Miseno designed the “Arco” earrings based on the Arco Felice, an arch conceptualized in A.D. 95 in Miseno, Italy.

The jewelry company is one of several contributing to relief efforts in the region after the recent floods.

Inspired by fiancé Sid Wilson’s nickname for her, the white and yellow diamond ring features a unique honeycomb design.

The brand is marking its 50th anniversary with a limited-edition bangle, high jewelry suites, new collections, and more.

Goldfarb said changes in the industry, coupled with his age and the updates needed to modernize his business, drove his decision.

Longtime LVMH executive Michael Burke has stepped into the role.

Central topics of next week’s event include climate action, labor rights, artisan preservation, and value retention in producing countries.

Vickie Rokkos has joined the jewelry company as its new national sales director of North America.

Turbulence will be the new baseline for luxury as it faces its biggest potential setbacks in 15 years, a recent report said.

Sponsored by Rio Grande Jewelry Supply

The “For the Love of Fruits” collection features five fruit pendants, each holding a different meaning.