The company is focused on modernizing the custom jewelry buying experience with e-commerce tools like product visualization and 3D styling.
Bitter diamond
A diamond may be forever, but love and marriage sure isn’t. With an estimated 50 percent of all marriages ending in divorce, a new Web site, "I Do, Now I Don't" is looking to capitalize on this more cynical side...
A diamond may be forever, but love and marriage sure isn’t.
With an estimated 50 percent of all marriages ending in divorce, a new Web site, "I Do, Now I Don't" is looking to capitalize on this more cynical side of diamonds.
Founder and CEO Joshua Opperman came up with the idea after his fiancée abruptly called it quits.
He explains:
"A few months into our engagement, I came home from a tough day at work only to find that my apartment was completely empty. All of her stuff was gone, and all that was left was the engagement ring lying on my table."
Ouch.
Rather then hopefully saving it for another woman, he went on an epic quest to "toss the ring back into the fiery chasm from whence it came." (OK, perhaps not, but I couldn't resist a Lord of the Rings reference.) Actually, he went back to the jeweler where he'd bought it three months earlier, but found he could only get 32 percent of its original cost.
What's a jilted guy to do? Turn his pain into profit, naturally.
Opperman created "I Do, Now I Don't" to help others unload their bitter reminders and offer a good deal to those who still believe in love. It's like eBay for the "take this ring and shove it" set. Engagement rings are posted, bid on and then sold to the highest bidder. Only rings with GIA, AGS or EGL grading reports are accepted for auction and the site pockets 5 percent of the final sale.
I'm not so sure a proposal that includes "Oh, and I got a great deal because the last owner of this ring was dumped" will go over well, but maybe he can put a positive spin on it. After all, actress Ellen Barkin recently proved that ex-jewelry can be trendy to the tune of $20 million.
One can only hope that the new ring bearers will have better luck.
The Latest

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

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

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

The “Playlist: Electric Dreams” collection brings lyrics from the musician’s song, “Little Wing,” to life through fine jewelry.

The event is set for May 16-19 in Detroit, Michigan.

The Vault’s Katherine Jetter is accusing the retailer of using info she shared for a potential partnership to move into Nantucket.

Agents seized 2,193 pieces, a mix of counterfeit Cartier “Love” and “Juste Un Clou” bracelets, and Van Cleef & Arpels’ “Alhambra” design.

The designer brought her children’s book, “The Big Splash Circus,” to life through a collection of playful fine jewelry characters.

The trade association has chosen the recipients of the funding initiative it formed to foster the growth and sustainability of the industry.

The organization has also announced this year’s slate of judges.

Lori Tucker started at Williams Jewelers when she was 18 years old.

The “Marvel | Citizen Zenshin” watch is crafted in Super Titanium and has subtle nods to all four “Fantastic Four” superheroes on the dial.

The “XO Tacori” collection was designed to blend luxury and accessible pricing.

Pritesh Patel, the lab’s chief operating officer, will take over as president and CEO of GIA.

National Jeweler and Jewelers of America discuss the standout jewelry trends and biggest news to emerge from the shows this year.

Signatories to the “Luanda Accord” committed to allocating 1 percent of annual diamond revenue to the Natural Diamond Council.

The winning designs captured the “Radiance” theme.

Nominations in the categories of Jewelry Design, Media Excellence, and Retail Innovation will be accepted through July 30.

The singer’s ring ticks off many bridal trends, with a thick band, half-bezel setting, and solitaire diamond.

The bracelet references vintage high jewelry and snake symbolism as a playful piece where a python’s head becomes a working belt buckle.

The heist happened in Lebec, California, in 2022 when a Brinks truck was transporting goods from one show in California to another.