Sourcing

5 Jewelry News Stories You Might Have Missed

SourcingJun 28, 2019

5 Jewelry News Stories You Might Have Missed

A dip in diamond sales at De Beers, lessons on diving back into a business after motherhood and more.

20190627_Kismet-africa1.jpg
Kismet by Milka hosted a piercing party at Couture this year, transforming traditional collection-viewing into an experience. The brand also introduced “Innerland,” a line inspired by travels through sub-Saharan Africa.

New York—Fell behind on last week’s jewelry news? Get back in the loop with these five stories.

1. Diamond Sales Down 33% in De Beers’ Latest Cycle
The diamond miner and marketer sold $390 million in rough to sightholders and via auction, compared with $581 million in the same period last year.

2. Designer’s Diary: Re-Inventing a Business After Motherhood
Vittoria d’Aste-Surcouf had two sons 16 months apart. Here’s what motherhood taught her that has helped her run her jewelry design business more efficiently.

3. J.J. Marco’s Mark Cohen Dies at 63
He co-founded the fine jewelry brand with wife Julianne Jaffe in 1990.

4. Tara Jewels Files for Chapter 11 Bankruptcy
The New York-based wholesaler and its parent company owe creditors between $10 million and $50 million.

5. How Kismet by Milka Brought an Experience to Couture
The brand also celebrated 10 years of one of their most popular collections and introduced plenty of newness.

Lenore Fedowis the senior editor, news at National Jeweler, covering the retail beat and the business side of jewelry.

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