Newton owned and operated Newton’s Jewelers in Fort Smith, Arkansas, and is remembered for being positive, honest, and loving.
Retail chain Riddle’s buys Black Hills Gold co.
Retailer Riddle’s Jewelry announced that it has acquired gold manufacturer Landstrom’s wholesale and manufacturing division.
Rapid City, S.D.--Retailer Riddle’s Jewelry announced that it has acquired gold manufacturer Landstrom’s wholesale and manufacturing division.
The terms of the deal were not disclosed. Riddle’s did not acquire the Landstrom’s name, but has instead agreed to license and use it.
Landstrom’s is the oldest manufacturer of “Black Hills Gold” jewelry, pieces with a distinctive grape and leaf design in three colors that reportedly had their origin in the Gold Rush days, after the metal was discovered in the Black Hills of South Dakota. The company says it is the “only true heir” to the original Black Hills Gold designs, tools and manufacturing methods created more than 100 years ago.
Landstrom’s name recognition was one of the main reasons that they wanted to buy the business, Riddle’s CFO David Westergaard said in a statement.
Management at Landstrom’s will stay the same, according to Riddle’s, and day-to-day operations will also not change at the company.
“The decision to merge was due to a mutual desire to combine manufacturing and marketing efforts to achieve certain economies of scale and opportunities for diversification,” Westergaard said. “Overall, we feel the climate in the Black Hills, and nationwide, is strong for American-made products.”
Robert Lemley, grandson of founder Ivan Landstrom, continues to hold the rights to the Landstrom’s name. The company also has a jewelry store in Rapid City, which was not part of the deal and operates as a separate entity.
Rapid City-based Riddle’s was founded in 1959 and now owns and operates 45 stores across the Midwest.
Landstrom’s, which is also in Rapid City, is the oldest Black Hills manufacturing company.
It began as the Black Hills Jewelry Manufacturing Company in 1878 and then separated into two entities in 1919 before rejoining again when Landstrom’s purchased the F.L. Thorpe and Company in 1995.
The Latest
“Synergy & Symbiosis” is open now through late April at the Lizzadro Museum of Lapidary Art in Oak Brook, Illinois.
Begin 2025 with a butterfly intaglio symbolizing change and transformation.
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
Jeweler Anthony D’Amore was found dead inside his office Dec. 23, marking the fourth jeweler killed on the job in 2024, according to JSA.
The opening marks Tudor’s first location in Hawaii.
The miner temporarily halted operations on Dec. 24 following an invasion at the mine.
‘Forever Present’ campaign revives the iconic A Diamond is Forever tagline and celebrates the diamond dream.
Set the tone for 2025 and commemorate the year gone by with glamorous jewelry fit for celebration.
From groundbreaking designers to dedicated retailers, National Jeweler pays tribute to the colleagues we bid farewell to this year.
The jewelry trade show is set for March 9-11 in Miami.
Edward N. DeCristofaro, who served as MJSA’s board chair from 2012 to 2014, is returning to the role.
Manoj Bhandari, a principal of RMC Gems Inc., is the new president of the Indian Diamond & Colorstone Association.
The designers participated in a six-month business development and mentorship program to develop and launch their jewelry collections.
Members of the founding family have partnered with Mexican retail company El Puerto de Liverpool to acquire Nordstrom.
The brand has opened its second U.S. location in the Fontainebleau resort and casino.
Associate Editor Lauren McLemore highlights pieces from the AGTA Spectrum & Cutting Edge Awards she’d be thrilled to unwrap on Christmas.
The move is one of several cost-cutting measures outlined by the company as it faces a weaker luxury market and other challenges.
The retailer’s “On the Clock” campaign celebrates how time, precision, and purpose come together.
Associate Editor Natalie Francisco chose her 12 favorite Piece of the Week picks from the year gone by.
Lab clients have the option to request this addition on their emerald reports.
Jamie Dunton and Gabriella Botelho are the first graduates of the program, created by the WJA Foundation and Julius Klein Diamonds.
In the spirit of giving, Retrouvaí will donate $4,000 from the sale of this ring to the Los Angeles Regional Food Bank.
Co-owner Dan DeVries shared what it’s like moving into a space triple the size of its old store and how it feels to be a “real jeweler” now.
Along with the latest “Gardens” collection, the brand has released limited-edition designs offering more indulgent pieces.
The man and woman are accused of stealing jewelry from a shipping container then trying to flee by paddling a small boat out into a bay.
The 2,488-carat diamond recovered from a mine in Botswana has been dubbed “Motswedi” while its 1,094-carat sibling is “Seriti.”