While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.
Renaissance Jewellery Acquires Disney Jewelry Parent Co.
The Indian company will focus on growing Enchanted Disney Fine Jewelry into a global brand.

New York—India-based Renaissance Jewellery Ltd. has acquired Jay Gems Inc., parent company of Jewelmark, Simply Diamonds and Enchanted Disney Fine Jewelry, for $26 million.
Renaissance designs, manufactures and sells gold, silver and platinum jewelry set with diamonds and colored gemstones. It also owns the Verigold brand.
According to Renaissance, Jay Gems saw revenue of $79 million in its latest financial year, with Enchanted Disney Fine Jewelry—launched in 2016—representing about half of that.
Enchanted creates engagement rings, earrings, rings, and pendants inspired by Disney princesses, and is currently carried by stores such as Zales, Kay Jewelers, Reeds Jewelers and JC Penney.
Overall, the New York-based Jay Gems supplies more than 6,000 retailers in the United States, Canada and the United Kingdom. In addition to the aforementioned Signet Group stores, its products are also carried at Fred Meyer, Helzberg, Charm, Riddles and more than 800 independent fine jewelers.
According to a company spokesperson, it will continue to supply retailers currently carrying Enchanted Disney Fine Jewelry and is planning a number of new additions to the collection—inspired by films like “Aladdin,” “Frozen 2,”and commemorating anniversaries of “The Little Mermaid” and “Sleeping Beauty”—in 2019.
“With the financial strength and global distribution of RJL, we expect to be able to grow Enchanted Disney Fine Jewelry into a global brand within five years,” said Renaissance chairman Sumit Shah. “We are also investing in the management of Jay Gems, who will continue to operate the company within the RJL portfolio of brands.”
Specifically, Siraj Shah will continue as president of Jewelmark and Roopam Jain will remain as president of Simply Diamonds and licensed brands.
Renaissance Jewellery’s global sales were $282 million in 2018, representing a 24 percent increase compared with the previous year, the company said. The U.S. market, served by subsidiaries Renaissance Jewelry New York and Verigold Jewelry, accounts for 40 percent of its sales.
In 2016, the company launched another licensed brand—the Hallmark branded line, which is sold at JC Penney, Kohl’s and other major retailers.
The Latest

Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.

Reena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.


Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.

The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

José Gaztelu has been promoted to the role, which has been vacant since last year.

It has also opened the application period for the Seymour & Evelyn Holtzman Bench Scholarship through June 30.

The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.

The company announced the change alongside its Q1 results, which showed that the jewelry brand’s year is off to a shaky start.

Of the many examples used in the filming of “Le Mans,” this one is believed to have spent the most time on Steve McQueen’s wrist.

Megan Piccione dressed Lauren Wasser in layers of diamond jewelry, making her stand out in a crowd that included celebrities like Beyoncé.

Following decades of association leadership, the “semi-retired” colored gemstone expert is turning his focus to gemstone education.























