The jewelry retailer announced changes to its store network and brand portfolio during its fourth-quarter earnings call.
Former ICA President Launches Gemstone Mine Tour Co.
Joe Menzie, along with business partner Barbara Wheat, will lead trade members to important gemstone mining areas.

New York--For anyone in the trade interested in visiting gemstones at their source, a pair of industry executives are providing the opportunity through their new business.
Former International Colored Gemstone Association president Joe Menzie and former ICA executive director Barbara Wheat have launched Gemstone Expeditions, hosting trips for anyone in the trade who’s interested in visiting mines, buying gems at the source and exploring the cultures and people that surround them.
“The countries, people and cultures (of mining locations) have given me great life lessons, appreciations and experiences that I would like to share with (the trade),” Menzie said in an email announcing the launch.
Menzie and Wheat will lead the mine tours, collaborating with partners on the ground in all destinations. The trip costs generally will be all-inclusive, excluding airfare.
They said the trips could offer wholesale gemstone dealers new sources and retailers the opportunity to become the gemstone leaders in their communities as Gemstone Expeditions will provide YouTube videos as well as pictures and also help identify gem dealers and manufacturers to do themed trunk shows featuring stones from the areas they have visited.
The first such trip is the seven-day, six-night Africa Safari, offering a gemstone mine tour and safari throughout Kenya and Tanzania. The trip costs $3,775 and takes attendees to 11 mine sites--featuring tsavorite, ruby, tourmaline, tanzanite and more--from July 8 to 14.
The trip falls just after the Kenya Gem & Jewelry Fair in Nairobi, which travelers are invited to attend but will not be included in trip costs.
Gemstone Expeditions also will host trips to Bogota, Colombia, and Ceylon, Sri Lanka, this year, and will visit gemstone mines in Brazil sometime in 2019.
Next year, the company said it will also launch a social responsibility aspect, identifying programs in the areas they visit that benefit local children. Part of the proceeds from the Gemstone Expeditions trips will help fund these programs.
The Latest

From a weaker labor market to inflation, NRF Chief Economist Mark Mathews gave insight on what retailers can expect this year.

The historic stone, which sold at Elmwood’s in London, is the largest white diamond to be offered on the U.K. market in more than a decade.

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

Three-time Grammy award-winning artist Nelly is set to perform at the annual event at Tao Beach in Las Vegas on May 31.


The model and fashion editor’s gold evening bags were the top lots at the London sale, going for more than $25,000 each.

Fresh off winning the David Yurman Gem Awards Grant, Nelson discusses the ring that launched his career and his plans for the future.

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

“The Basics of Jewelry” has been updated to include modern topics and visuals.

Held just before the Oscars, the jewelry industry’s big awards show had its share of standout jewelry, gowns, and acceptance speeches.

The Academy Award-winning actress stars in Tiffany & Co.’s latest commercial, which debuted Sunday night during the Oscars.

The organizational change follows Kering’s promise of a transformation after declining sales in 2025.

Natalie Francisco rounds up the top Oscars jewels, including Rose Byrne’s Taffin necklace with a more than 20-carat yellow-brown diamond.

Béatrice Goasglas has been with TAG Heuer since 2018. She is the first woman to head the 166-year-old, LVMH-owned watch brand.

The store features the first in-store build for the jeweler’s in-house “Bella Ponte” bridal brand.

The live fine jewelry auction will take place later this week, showcasing antique pieces, rare gemstones, and signed jewels.

Our Pieces of the Week honor the 2026 nominees for the Gem Award for Jewelry Design, Silvia Furmanovich, Cece Fein-Hughes, and Catherine Sarr.

The 24-piece watch collection is set to debut in spring 2027.

Pooler, who has more than 25 years’ experience in jewelry, is now chief operating officer of Modani Jewels, Soham Diamonds, and SNJ Creations.

The reopening of the Waldorf Astoria means a homecoming for the industry group’s annual event, which will take place Saturday.

McCormack looked to the 19th century’s “golden age” of astronomy when designing her new celestial-themed collection.

Nelson will be honored as the inaugural grant winner at the Gem Awards gala on Friday.

The new smart design software allows jewelers to configure, price, and confirm a custom engagement ring in real time for in-store customers.

The 10,000-square-foot diamond manufacturing facility officially opened in late February and employs 50 people.

The MJSA Education Foundation’s scholarships support students pursuing jewelry careers.

The largest white diamond to come to market in the U.K. in more than a decade, the VVS1, I-color stone is expected to top $1 million.

Skelly shares her plans for reimagining the fine jewelry retailer she re-acquired after it faltered last year.
























