An additional 25 percent tariff has been added to the previously announced 25 percent.
10 Jewelry News Stories You Might Have Missed
Lord & Taylor’s bankruptcy filing, Oscar Heyman’s holiday catalog, a record-setting Rolex auction, and more.

The jewelry industry also said goodbye to Roger Gesswein Jr., the third generation of his family to lead tools and equipment supplier Paul H. Gesswein Co.
He was remembered by loved ones for his dedication to the industry and his generous nature.
Read on for more of the top jewelry news from last week.
1) This Rolex Set a Record for a Watch Sold at an Online Auction
The 18-karat gold Daytona JPS Ref. 6264 garnered $1.5 million in a Sotheby’s single-lot sale.
2) 5 Retail Trends on Our Radar
From offering immersive micro-experiences to fostering safe and comfortable spaces, retailers across industries must keep getting creative to remain relevant to consumers.
3) GIA Will Start Using Artificial Intelligence for Diamond Clarity Grading
The system is currently being tested in New York and Carlsbad, with an industry-wide rollout expected next year.
4) Jewelers of America Board Elects New Director
Robert Marks is president of Rogers Jewelry Co. in Modesto, California.
5) Roger Gesswein Jr., a True Gentleman, Dies at 77
He was the third generation to lead tools and equipment supplier Paul H. Gesswein Co.
6) Amanda’s Style File: Peridot and Spinel
August is heating up, courtesy of some fantastic birthstone jewelry designs.
7) Oscar Heyman’s Holiday 2020 Catalog Is Its Biggest Yet
Though the photoshoot was delayed due to the coronavirus, the catalog will still arrive to jewelry stores in early October.
8) See Jewelry from the Brilliant Earth, Alrosa Collaboration
Ten percent of sales from the jewelry collection will go to Feeding America’s COVID-19 Response Fund.
9) On Data: Sales Show Continued Improvement in July
Following a “dismal” April and a “bleak” May, Sherry Smith notes that independent jewelers’ sales have warmed up recently, particularly in this one category.
10) Lord & Taylor Files for Bankruptcy, Seeks New Owner
The department store chain and owner Le Tote join the nearly 40 retailers that have filed for bankruptcy this year.
The Latest

Its Springfield, Massachusetts, store is set to close as owner Andrew Smith heads into retirement.

Designer Hiba Husayni looked to the whale’s melon shaped-head, blowhole, and fluke for her new chunky gold offerings.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

She will present the 23rd edition of the trend forecasting book at Vicenzaoro on Sept. 7.


Omar Roy, 72, was arrested in connection with the murder of jeweler Dionisio Carlos Valladares.

The New Orleans-based brand’s “Beyond Katrina” jewels honor the communities affected by the storm.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Lilian Raji explains why joining an affiliate network is essential for brands seeking placements in U.S. consumer publications.

The organization has awarded a total of $42,000 through its scholarship programs this year.

The winner of the inaugural David Yurman Gem Awards Grant will be announced live at the 2026 Gem Awards gala.

As summer winds down, celebrate the sunny disposition of the month’s birthstones: peridot and spinel.

Moshe Haimoff, a social media personality and 47th Street retailer, was robbed of $559,000 worth of jewelry by men in construction outfits.

The addition of Yoakum, who will lead Kay and Peoples, was one of three executive appointments Signet announced Thursday.

The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.

The nearly six-month pause of operations at its Kagem emerald mine earlier this year impacted the miner’s first-half results.

The necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.

The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

Jewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.

Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.

The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

Senior Editor Lenore Fedow learned a lot when she took a behind-the-scenes factory tour with the jewelry brand earlier this year.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.