During its Q3 call, CEO Efraim Grinberg discussed the deal to lower tariffs on Swiss-made watches, watch market trends, and more.
Minimum Wage Going Up in 18 States
The increases range from 35 cents to $1 per hour and are the result of legislation, ballot measures or adjusting for inflation.
New York--Effective Jan. 1, a total of 18 states increased their minimum wage as the result of legislation, ballot measures or to adjust for inflation.
According to the Economic Policy Institute (EPI), the states increasing the minimum wage due to legislation or a ballot measure passed by voters are: Arizona, California, Colorado, Hawaii, Maine, Michigan, Minnesota, New York, Rhode Island, Vermont and Washington.
The other seven states increased minimum wage to keep pace with inflation. They are: Alaska, Florida, Missouri, Montana, Ohio, New Jersey and South Dakota.
The increases range from 35 cents (Michigan) to $1 (Maine).
A listing of the new minimum wage in each state along with the amount of the increase that brought it to that level is available on the EPI’s website.
Nineteen cities and one county also increased their minimum wage, effective Jan. 1.
They are: Flagstaff, Arizona; Cupertino, El Cerrito, Los Altos, Milpitas, Mountain View, Oakland, Palo Alto, Richmond, San Jose, San Mateo, Santa Clara and Sunnyvale, California; Minneapolis; Albuquerque and Bernalillo County, New Mexico; New York City; and SeaTac, Seattle and Tacoma, Washington.
In addition to these cities and states, the National Employment Law Project (NELP) reports that minimum wage increases are on tap for three more states and a total of 18 additional cities and counties later this year.
Meanwhile, minimum wage increase campaigns are underway in at least 17 more cities and states, some of which already have raised the base hourly pay as of Jan 1.
According to NELP, they are: Connecticut, Florida, Hawaii, Illinois, Maryland, Massachusetts, Michigan, Missouri, Nevada, New Jersey, New York, Pennsylvania, Rhode Island and Vermont, as well as the cities of Redwood, California; St. Paul, Minnesota; and Washington, D.C.
The Latest

Rosior’s high jewelry cocktail ring with orange sapphires and green diamonds is the perfect Thanksgiving accessory.

The “Embrace Your True Colors” campaign features jewels with a vibrant color palette and poetry by Grammy-nominated artist Aja Monet.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

The company gave awards to four students at the Namibia University of Science & Technology, including one who is a Grandview Klein employee.


She is remembered as an artist who loved her craft and was devoted to her faith, her friends, and her family.

It joins the company’s other manufacturing facilities globally, including in India, Botswana, and Namibia.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The polka dot pattern transcends time and has re-emerged as a trend in jewelry through round-shaped gemstones.

Vanessa Hickman, 49, allegedly sold a diamond bracelet that was mistakenly sent to her home.

GIA’s former president and CEO was presented with the Richard T. Liddicoat Award for Distinguished Achievement.

Social media experts spoke about protecting brand reputation through behaving mindfully online.

In 2026, the three will come together as “House of Brands,” with Gallet sold in Breitling stores and Universal Genève sold separately.

The second drop, which includes more Elphaba-inspired pieces from additional designers, will continue to benefit nonprofit Dreams of Hope.

Second-generation jeweler Sean Dunn has taken on the role.

Called “Origin by De Beers Group,” the loose, polished diamonds are being sold in a total of 30 stores in the United States and Canada.

The lariat necklace features a 4.88-carat oval-cut Zambian emerald in 18-karat yellow gold.

A 43-carat sapphire brooch from the Vanderbilt collection was the top lot of the Geneva sale.

Rau is a fourth-generation art and antique dealer from M.S. Rau gallery whose first jewelry collection merges artifacts with modern design.

Former De Beers sustainability leader Purvi Shah will take over the role in February 2026.

La Joux-Perret is based in La Chaux-de-Fonds, Switzerland, and makes solar quartz as well as mechanical watch movements.

She previously taught at Gem-A and is the founder of The Gem Academy.

The British actress and her daughter modeled pieces from the brand’s new “Palette” capsule for its “Once Upon a Time” holiday campaign.

Plus, the tech giant shares the steps retailers should take if they believe they’re a victim of a review extortion scam.

Danny and Gaby Shaftel are now Shaftel Diamonds’ CEO and chief operating officer, respectively.

The jewelry manufacturer’s seasonal offering features its new “Melodie” bangles, as well as mini stud earrings and layering pieces.

With more than 140 activations taking place in New York City now through Nov. 23, these 12 events are can’t-miss moments.





















