The singer’s ring ticks off many bridal trends, with a thick band, half-bezel setting, and solitaire diamond.
JSA: Smash-and-Grab Robberies, Cybercrime Up in 2017
The 2017 Annual Crime Report shows that while dollar losses were flat, certain patterns of crime against the jewelry industry have picked up.
New York--The Jewelers Security Alliance has released its 2017 Annual Crime Report, and the 21-page summary shows that while dollar losses in crimes against the jewelry industry were nearly flat, total crime was up.
According to the report, total losses decreased from $72.4 million in 2016 to $72.1 million in 2017.
Meanwhile, the total number of crimes against the industry were up 12 percent, rising from 1,234 in 2016 to 1,394 last year.
The JSA’s John Kennedy told National Jeweler that the organization is particularly concerned when it sees spikes in certain types of crimes, representing a pattern, of which there were a few in 2017.
According to the JSA, it saw such a large uptick in cybercrime that for the first time ever, it broke the losses out separately. The average dollar loss from this type last year was $1.2 million.
Meanwhile, smash-and-grab robberies were up nearly 15 percent; in 2016, there were 62 and last year, there were 71. It also shows that more than 50 percent of smash-and-grab incidents occurred in mall stores.
In the second half of the year, a half-dozen smash-and-grab robberies hit the Midwest over a period of a little more than a month. The pattern spread to the Northwest, where four jewelry stores in Oregon and Washington were hit.
Grab-and-run thefts also increased 32 percent, from 420 in 2016 to 556 in 2017.
There were five homicides of jewelers in 2017, compared with six in 2016. There also was a case of the death of a Good Samaritan, data which was unlisted in the years prior, as well as the homicide of a customer.
A 65-year-old customer was shot to death inside a Miami jewelry store in January. That same month, a man who tried to stop a jewelry store robber who was running through the mall was shot and killed.
There were a couple of positive notes in the report as well.
There was a decrease last year in the percentage of robberies in which the robbers displayed a gun—down from 62 percent in 2016 to 50 percent of robberies in 2017—as well as a decrease in violence during robberies—down from 32 percent in 2016 to 28 percent last year.
Off-premise crimes, including traveling salesperson losses, fell to 39 in 2017, representing the lowest total in more than two decades, according to the JSA.
It attributes
Additionally, when one looks at homicide numbers in terms of a ten-year period, the decade representing 1996 to 2006 saw the homicide of 82 jewelers, while only 42 jewelers were killed from 2007 to 2017, a 50 percent decline.
The JSA said that not only are local law enforcement and the FBI arresting violent gangs quicker and the industry is sharing more information regarding violent gangs, but also that jewelers aren’t resisting robberies as often, with the organization helping raise awareness on all fronts.
Kennedy also said that it’s possible the enforcement of higher penalties for crimes with guns has caused some robbers to turn to other means, like smash-and grab-robberies without guns.
To view the full report, visit JewelersSecurity.org.
The Latest

The bracelet references vintage high jewelry and snake symbolism as a playful piece where a python’s head becomes a working belt buckle.

The 10-carat fancy purple-pink diamond with potential links to Marie Antoinette headlined the white-glove jewelry auction this week.

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

The Starboard Cruises SVP discusses who is shopping for jewelry on ships, how much they’re spending, and why brands should get on board.


The historic signet ring exceeded its estimate at Noonans Mayfair’s jewelry auction this week.

To mark the milestone, the brand is introducing new non-bridal fine jewelry designs for the first time in two decades.

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

The gemstone is the third most valuable ruby to come out of the Montepuez mine, Gemfields said.

Founder and longtime CEO Ben Smithee will stay with the agency, transitioning into the role of founding partner and strategic advisor.

Associate Editor Natalie Francisco shares 20 of her favorite pieces from the jewelry collections that debuted at Couture.

If you want to attract good salespeople and generate a stream of “sleeping money” for your jewelry store, then you are going to have to pay.

The top lot was a colorless Graff diamond, followed by a Burmese ruby necklace by Marcus & Co.

Gizzi, who has been in the industry since 2001, is now Jewelers of America’s senior vice president of corporate affairs.

Luca de Meo, a 30-year veteran of the auto industry, will succeed longtime CEO François-Henri Pinault.

Following visits to Vegas and New York, Botswana’s minerals minister sat down with Michelle Graff to discuss the state of the diamond market.

The “Your Love Has the Perfect Ring” campaign showcases the strength of love and need for inclusivity and representation, the jeweler said.

The former De Beers executive is the jewelry house’s new director of high jewelry for the Americas.

The New York Liberty forward is the first athlete to represent the Brooklyn-based jewelry brand.

Take a bite out of the 14-karat yellow gold “Fruits of Love Pear” earrings featuring peridots, diamond stems, and tsavorite leaves.

The one-day virtual event will feature speakers from De Beers, GIA, and Gemworld International.

The California-based creative talks jewelry photography in the modern era and tackles FAQs about working with a pro for the first time.

Al Capone’s pocket watch also found a buyer, though it went for less than half of what it did at auction four years ago.

The foundation has also expanded its “Stronger Together” initiative with Jewelers for Children.

Assimon is the auction house’s new chief commercial officer.

The De Beers Group CEO discusses the company’s new “beacon” program, the likelihood diamonds will be exempt from tariffs, and “Origin.”

The Danish jewelry giant hosted its grand opening last weekend, complete with a Pandora pink roulette wheel.