The entrepreneur and “Shark Tank” star will share his top tips for success.
James Avery to Close Fredericksburg Workshop
The Texas-based jeweler will lay off 82 employees.

Kerrville, Texas—James Avery Artisan Jewelry will shutter its workshop in Fredericksburg, Texas, laying off 82 employees.
In a letter to the Texas Workforce Commission, the company said the closure was “due to unforeseen business circumstances” and is expected to be permanent.
The foundry operation within the facility and its associates will not be affected, the letter states.
There are no plans to close the jeweler’s manufacturing facilities in Kerrville, Comfort, and Hondo, Texas, a company spokesperson confirmed to National Jeweler.
Some Fredericksburg employees may be transferred to available positions at its Kerrville Craftsman Center, depending upon skill level, performance and other criteria.
The company said it will work with employees who are not given a transfer, offering a pay and benefits package, including four to eight weeks of pay and up to two weeks of accrued sick and paid personal time as well as health insurance for six months.
The jeweler began closing its stores and most of its manufacturing facilities in March in response to the coronavirus pandemic, followed by furloughs and salary cuts in April.
As for its furloughed workers, a company spokesperson said the jeweler will “call associates back on a limited basis as we reopen corporate offices, stores and manufacturing in the coming weeks.”
Most locations have been open as of April 24, offering contactless curbside pickup only.
The company said it hopes to reopen locations for in-store shopping soon, while following state recommended health protocols and Centers for Disease Control guidelines.
The family-owned jeweler operates 90 stores across four states with its jewelry available in more than 220 Dillard’s stores as well as in airport stores, select Army and Air Force Exchange Service locations, and on its website.
The Latest

The Ukrainian brand’s new pendant is modeled after a traditional paska, a pastry often baked for Easter in Eastern European cultures.

The jeweler has announced a grand reopening for its recently remodeled location in Peoria, Illinois.

Interior designer Athena Calderone looked to decor from the 1920s and 1930s when crafting her first fine jewelry collection.


During a call about its full-year results, CEO Efraim Grinberg discussed how the company is approaching the uncertainty surrounding tariffs.

The free program provides educational content for jewelry salespeople and enthusiasts to learn or refresh their diamond knowledge.

Bench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.

The feedback will be used to prepare other jewelers for the challenges ahead, the organization said.

The online sessions are designed to teach jewelers to use AI tools like ChatGPT and Claude to grow their business.

The opening marks the jewelry retailer’s first location in the Midwest.

The “United in Love” collection offers tangible mementos of hearts entwined with traditional and non-traditional commitment heirlooms.

Robert Goodman Jewelers will hold a “Black Jewelry Designers and Makers” event on April 27.

Editor-in-Chief Michelle Graff answers questions about how the new taxes levied on countries like India and China will impact the industry.

Kenewendo, Botswana’s minster of minerals and energy, discusses closing the deal with De Beers and the work that was missed along the way.

The historic fancy vivid blue diamond set to headline Christie’s Geneva sale next month could sell for up to $50 million.

LVMH CFO Cécile Cabanis also discussed the effects of tariffs so far.

The “Mad Men” and “The Morning Show” star steals jewelry, art, and handbags from his wealthy neighbors in “Your Friends & Neighbors.”

The organization has reelected Kalpesh Jhaveri as president.

An investigation found that the former managing director of Movado’s Dubai branch overstated and prematurely recorded sales.

The collection pays tribute to the Japanese philosophy of Ma, studying balance, stillness, and the interplay between presence and absence.

Mari Lou’s Fine Jewelry in Orland Park, a suburb of Chicago, is closing its doors.

GIA’s labs in Dubai and Hong Kong are now accepting larger diamonds in light of the “logistical challenges” presented by the new tariffs.

These earrings by Van Cleef & Arpels, featuring the same design as a pair worn by Princess Grace, are up for auction at Woolley & Wallis.

Two experts share how artificial intelligence tools can help retailers run a more efficient business.

Kentaro Nishimura, who has been with the pearl company since 1997, has been promoted to president and CEO of Mikimoto America.

“America Telling Time: 150 Years of Bulova” explores the storied history of the American watchmaker.