The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.
Studs Wants to Change the Ear Piercing Game
The company opened its first brick-and-mortar store this month in New York’s Nolita neighborhood.

New York—There’s a new ear-piercing place in town that is positioning itself as an upgrade to the traditional mall piercing experience.
Studs opened its first brick-and-mortar store this month in New York’s Nolita neighborhood, steps away from Broken English Jewelry and start-up Mejuri.
The space is brightly lit with yellow jewelry displays throughout, neon signs along the walls and a white couch topped with pillows in sparkly silver and fluffy white.
There is a piercing area staffed by professionals trained on how to safely pierce using autoclave-sterilized, single-use needles, a spokesperson told National Jeweler Friday.
The earrings range in price from $14 for a small sterling silver stud to $90 for a pearl spike ear harness, a 14-karat yellow gold vermeil chain earring topped with a Swarovski crystal pearl.
As for the piercing, one will cost $35 or two for $50, while the piercing jewelry ranges in price from $30 to $180.
Founders Anna Harman and Lisa Bubbers created Studs in response to what they described as the “antiquated” ear piercing experience, giving customers an option that is an alternative to a piercing gun at a mall or needles at tattoo parlors, which can have a more limited selection of piercing jewelry.
“By having a singular focus on the ear piercing experience from start to finish, we’re confident that Studs can close the gap and deliver a service not only centered around ear piercing, but optimized for every possible need related to either piercing or jewelry in a way that no other brand is doing today,” said Harman, co-founder and CEO, in a press statement about the launch.
The company raised $3 million in funding, led by First Round Capital with participation from Lerer Hippeau and other investors, which will be used to build its retail locations, upgrade its online shop and hire employees.
Studs said it plans to expand its physical retail presence with additional locations in 2020.
SEE:
The Latest

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

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

The new show will take place Jan. 23-25, 2026.


The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

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

In the recent multi-shipment seizure, CBP also found counterfeit Audemars Piguet, Moncler, and Chrome Hearts items.

Helzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

The National Jeweler editors revisit the most noteworthy industry happenings and design trends from 2025.

Need a gift for the cat lover who has everything? Look no further than our latest Piece of the Week.

It purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.

The lab-grown diamond grower now offers custom engagement and fashion jewelry through its Kira Custom Lab Jewelry service.

Chandler got his start at Michelson Jewelers and has served as DCA president and CEO since 2001. He will retire at the end of the month.

The boutique is slated to open this week inside Terminal 8, offering pre-owned Rolex watches and more to international travelers.

Sponsored by Digital Monitoring Products

The special-edition egg pendant ingested in a New Zealand jewelry store was recovered after a six-day wait.

Associate Editor Natalie Francisco plays favorites with Piece of the Week, selecting a standout piece of jewelry from each month of 2025.

The “Love and Desire” campaign is inspired by the magic that follows when one’s heart leads the way, said the brand.

Two awardees will receive free tuition for an educational course at the Swiss lab, with flights and lodging included.

Berta de Pablos-Barbier will replace Alexander Lacik at the start of January, two months earlier than expected.

Sotheby’s held its first two jewelry sales at the Breuer building last week, and they totaled nearly $44 million.

Winners will receive free registration and lodging for its fourth annual event in Detroit.




















