The top-performing watch models may be surprising, with Rolex and several popular pandemic-era picks notably absent from the top 20.
Another dept. store settles racial profiling case
The latest development in the New York attorney general’s investigations into alleged cases of racial profiling has resulted in Macy’s Inc. agreeing to pay $650,000 to settle complaints against it.
New York--The latest development in the New York attorney general’s investigations into alleged cases of racial profiling has resulted in Macy’s Inc. agreeing to pay $650,000 to settle complaints against it.
The Civil Rights Bureau of the attorney general’s office launched the investigation into the retailer’s practices in February 2013, after it had received about two dozen complaints from minority customers who alleged they had been apprehended and detained at Macy’s flagship store in New York despite not having stolen or attempted to steal any merchandise.
According to a statement released Wednesday by the office of New York Attorney General Eric T. Schneiderman, complaints included allegations that minority customers wrongly were stopped and detained by loss prevention employees at the store, and that customers with limited proficiency in English suspected of shoplifting or credit card fraud were not allowed to make calls, denied interpreters or required to sign trespass notices even though they couldn’t understand the notices in English.
The attorney general’s office also said that data produced from the store showed that it did investigate and detail minorities for allegedly shoplifting at significantly higher rates than non-minorities.
The statement also noted that in 2005, Macy’s entered into a consent decree with the attorney general’s office to resolve allegations that its asset protection policies and practices violated a number of anti-discrimination laws.
Terms of the agreement ended in 2008, and the office said that despite improvements in some areas, the investigation found that Macy’s continued to stop and detain minority shoppers at a higher percentage than non-minority shoppers.
The result of the investigation into Macy’s actions has been the conclusion that the company has “failed to take appropriate steps to adequately and quickly address profiling issues at its New York stores,” and that it hasn’t been providing loss prevention employees with adequate guidance or training.
Under terms of the settlement, Macy’s will pay $650,000 in costs, fees and penalties to the state. It also will designate an independent expert on anti-discrimination laws and racial profiling prevention to report to the office for three years and hire an internal security monitor to report to an executive outside of the loss prevention department.
Additionally, the retailer will post its Customers’ Bill of Rights in English and Spanish in a prominent location in each store, adopt new policies about anti-profiling and loss prevention detention and provide training for employees on such topics.
RELATED CONTENT: Barneys settles racial profiling cases
The settlement with Macy’s builds on the recent developments around the New York attorney general’s investigations into alleged cases of racial profiling and discrimination by retailers statewide.
Barneys also recently settled claims of racial profiling by agreeing to pay $525,000 as well as to retain an anti-profiling consultant, establish new recordkeeping requirements and adopt new loss prevention policies and procedures.
The Latest

The “Scroll” toggle pendant, our Piece of the Week, opens to reveal a hidden message, mantra, or love letter written on washi paper.

Jewelers who misinterpret the state of the jewelry market risk employing the wrong retail strategy, cautions columnist Sherry Smith.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

In her newly expanded role, she will continue to oversee the jewelry category, as well as watches, home, and accessories.


“The Godfather II” watch plays two melodies from the mob film’s score, “The Godfather’s Waltz” and “The Godfather Love Theme.”

Organizers have also introduced the new JCK Talks Signature Series, as well as an offering of watch-focused workshops and lectures.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The Alan Hodgkinson Medal recognizes gemologists who are consistently generous with their time and expertise.

The Swiss watchmaker is changing up its executive leadership team as part of a restructuring.

The “What’s Your Signature?” campaign invites women to think about how they see themselves.

The big diamond’s sale added to the company’s revenue though the market remains “challenging” overall, particularly for smaller goods.

Rob Bates of The Jewelry Wire will also moderate a panel on the state of the jewelry industry during the virtual event.

The Jewelry Symposium will honor two industry veterans with lifetime achievement awards at its upcoming May event.

With their durability, brilliance, and beauty, diamonds are the perfect stone for everyday birthstone jewelry.

The retailer failed to file its annual report on time and said it may issue a going concern warning.

Smith recounts a recent trip to the post office that included an uncomfortable, embarrassing, and public exchange between two employees.

John Cowley, who has more than 30 years of experience, is succeeding Tearle as the lab’s chief financial officer.

Founder Erica Silverglide has designed 35 colorful pieces set with fluorescing gemstones for the brand's first finished jewelry offering.

“Ukrainian Jewelry | Contemporary Jewelry and Art Jewelry from Ukraine” features 33 contemporary Ukrainian designers and studios.

“The Golden Now” campaign celebrates the here and now with the brand’s signature styles and a selection of its new pieces.

Signet confirmed that Caffie, president of Zales and Banter, and Bentzen, who headed Blue Nile, have left the company.

The antique jewelry dealer talks about the importance of including Black Americans in jewelry history and preserving their stories.

Both its mines faced challenges last year, from operational issues to disruptions in the market.

Iconic pieces, like the Mike Todd Diamond Tiara, appear in the superstar’s new music video for her song inspired by the actress.

The luxury retailer, which went Chapter 11 in January, announced Thursday that it has secured $500 million in exit financing.

The NouvelleBox ballroom will feature independent jewelry designers, including Lene Vibe, Wyld Box Jewelry, and Kiaia Limited.




























