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5 Jewelry News Stories You Might Have Missed
Tiffany shareholders approve LVMH deal, suspects charged in theft of an heiress’ jewelry, on-the-ground updates from Tucson, and more.

New York—With the Tucson gem shows underway, you may have fallen behind on last week’s industry news.
Catch up with these five jewelry news stories.
1. Suspects Charged in Theft of Formula 1 Heiress’ Jewelry
A mother and son are suspected of breaking into Tamara Ecclestone’s home and stealing an estimated $66 million worth of jewelry.
2. Live From Tucson: 9 Colored Gemstone Market Updates
Experts run down the list of stones finding new life in the market and reveal which gemstone is the current darling of the trade.
3. Tiffany Shareholders Approve LVMH Acquisition
LVMH CEO Bernard Arnault called the approval a “significant milestone” in completing the deal.
4. How Macy’s Plans to Save Itself
The retailer has a five-step plan, including closing 125 stores over the next three years and reducing its headcount by 2,000 employees.
5. Alrosa Latest to Cancel Hong Kong Event
The diamond miner joins the Hong Kong Trade Development Council and Swatch Group in canceling or postponing events due to coronavirus.
The Latest

In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

The 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

Lucara Diamond Corp., which recovered the “Motswedi” diamond from the Karowe mine, sold the stone for an undisclosed amount.


The expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.

The lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

The gemstone supplier and manufacturer acquired the remarkable 104-gram Zambian emerald at Gemfields’ auction in May.

Finsch has been in business rescue since May, and owner Petra Diamonds said it sees no viable path forward for the mine.

Longtime industry executive Beth Miller has taken on the role.

The brooch was owned by Virginia Fortune Ryan Ogilvy, who served as a lady of the bedchamber to Queen Elizabeth II for nearly 50 years.

Jamie Cygielman will take on the role on Aug. 24.

Moore, Polly’s husband, is remembered as a family man with an easygoing spirit and a love for sports and the outdoors.

Duvall O’Steen and Jen Cullen Williams share the best ways to display, present, and explain colored gemstones to younger customers.

The mid-year conference for jewelry and watch appraisers will take place Sept. 5-6 on Zoom.

Honest Hands Ring Co. Founder Benjamin Bosworth shared his thoughts on jewelry technology and why AI can never replace the human element.

QVC Group President and CEO David Rawlinson is temporarily being replaced by a familiar face, former QVC CEO Mike George.

The brand also added two one-of-a-kind brown diamond pieces to the “Sanssouci” series of its “Gardens” collection.

Ostbye took home top vendor honors at the Independent Jewelers Organization’s show, held last month in Kentucky.

Sponsored by Stratus Estate Buyers

Cloud, who will officially join Blue Nile on Monday, spent 26 years at Tiffany & Co. and founded jewelry brand Roseate.

Garcia will take over from the company’s current CFO, Anders Boyer, who is retiring at the end of November.

Etsy CEO Kruti Patel Goyal explained why the company is letting go more than 200 employees as its performance improves.

The “Star Gazer” pendant, our Piece of the Week, is Syna’s tribute to curiosity and the discovery of something new.

Museum officials are looking to the public to help cover the “exceptional” costs involved in recovering from the July 5 smash-and-grab.

The overhaul includes enhanced employee safety training and trendy earring styles, including lab-grown diamond studs.




















