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10 Jewelry News Stories You Might Have Missed
Why LVMH called off its acquisition of Tiffany, which storied retailer will shutter all its locations and where precious metals prices are headed this year.

New York—Last week was packed with news about major retailers and miners.
At the beginning of the week, news broke that LVMH was backing out of its agreement to buy Tiffany, and the jeweler responded with a lawsuit, while storied retailer Lord & Taylor announced it would close all its locations.
Meanwhile, Sotheby’s revealed a 102-carat D flawless oval diamond it will auction off without reserve, National Jeweler dove into metal price trends beyond gold and held the first webinar in its expanded series, and miner Rio Tinto announced its CEO is stepping down.
Read on for more of the top jewelry news from last week.
1. Tiffany Sues After LVMH Looks to Call Off Acquisition
The stage is set for a protracted legal battle as the $16 billion deal seems set to dissolve.
2. Beyond Gold: Here’s What Is Happening with Metals Prices
National Jeweler looks at how platinum, silver and palladium have fared so far in 2020.
3. Amanda’s Style File: Sweet Studs
Studs are the easiest earring style to wear with a face mask, says Jewelers of America’s Amanda Gizzi.
4. Lord & Taylor to Close All Stores After 200 Years
As the department store chain prepares to liquidate, here’s a look back at its heyday and how it went bankrupt.
5. Sotheby’s Is Selling This Perfect 102-Carat Diamond with No Reserve
Online bidding for the D flawless stone starts Sept. 15, with the live in-person auction set for early October in Hong Kong.
6. Murphy Jewelers Cuts Ribbon on New Location
The new store has a Rolex corner and a bridal bar where customers can look at engagement rings over drinks.
7. IDI, AWDC to Hold Digital Trade Show on Virtual Diamond Boutique
The diamond trading event kicks off next week.
8. Rio Tinto Head Resigns Following Destruction of Sacred Indigenous Site
Jean-Sébastien Jacques is stepping down under pressure from investors after the company destroyed prehistoric caves sacred to two Australian Aboriginal groups.
9. Watch: Secrets From a Former Barneys Senior Jewelry Buyer
View National Jeweler’s “My Next Question” webinar featuring consultant and former Barneys Senior Jewelry and Watches Buyer Gurki Basra.
10. JSA Issues Warning About Rise in Grab-and-Run Thefts
There has been a surge of them in recent weeks, the Jewelers’ Security Alliance said.
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This past year, the manufacturer said it recorded below-zero emissions per carat of natural diamond.

The brand’s “Golden Strada” statement necklace features round, marquise, and pear diamonds that sparkle like Fourth of July fireworks.

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

JSA’s Scott Guginsky provided a list of nine security measures jewelers should observe while locking up for the long weekend.


Located on Rodeo Drive, the store’s design was inspired by Hollywood and Los Angeles culture.

The new location continues the brand’s celebration of its 25th anniversary.

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

The online watch marketplace’s “Time Is Our Thing” campaign highlights the importance of time.

She will oversee strategic planning, fundraising, industry partnerships, and the launch of the Gem Legacy Campus in Tanzania.

Working with Amazon’s Counterfeit Crimes Unit and law enforcement, Pandora helped to shut down a large-scale counterfeit network in China.

The jewelry company has closed its three California brick-and-mortar stores, as well as its online shop, for now.

The company is providing the opportunity for an FIT student to work alongside master diamond cutter Willie Lopez in its workshop.

He is remembered for his successful entrepreneurship, generosity, and dedication to his family.

The jewelry store chain has reportedly been struggling with costs related to tariffs as well as tough retail competition.

Welcome warm summer days with red hot rubies perfectly chosen as July’s birthstone.

Co-founders Afzal Imram and Lin Ruiyin brought their son’s story of a cosmic egg, toadstool, and railroad to life in their new collection.

The best time to prepare for the holiday season is right now, according to columnist Emmanuel Raheb.

This year’s winner is Morgan Keefe, who is currently studying at GIA to be a gemologist.

“The Jewelry Book” comes out this September.

The company is focused on modernizing the custom jewelry buying experience with e-commerce tools like product visualization and 3D styling.

Following its recent acquisition, the storied brand has updated its leadership team and regional managers.

AGS also named the recipient of its “Women in Leadership” scholarship.

The 20-karat yellow gold and diamond wrap ring is modeled after the Monstera plants in the garden of the brand’s Miami villa.

Rocksbox President Allison Vigil shared the retailer’s expansion plans, and her thoughts on opening stores in malls.

The creator of the WJA Chicago chapter is remembered as a champion for women in the jewelry industry and a loving grandmother.

The decline was consistent across age groups and almost all income groups, with tariffs and inflation still top of mind.