The deal closed this week, which means Instore will produce the JA NY show slated to take place this fall.
Beyoncé, Lorraine Schwartz Create GIA Scholarship
The superstar will hand-select two Black professionals to receive full tuition and paid expenses for its Graduate Gemologist program via distance education.

The Beyoncé Knowles-Carter x Lorraine Schwartz Scholarship will be awarded to two Black professionals, personally selected by the superstar.
The two scholarships award full tuition and paid expenses for GIA’s Graduate Gemologist program through distance education.
“It is an honor to have this scholarship in my name, but the best part is teaming up with my friend Lorraine Schwartz to give two people an opportunity to learn,” Beyoncé said in a press release about the scholarship.
“We both believe that learning is constant. This is a chance to learn from the best, create generational wealth and turn a love of gems into a career.”
Beyoncé and Schwartz bonded over a shared love of jewelry.
The two first worked together in 2003, when Schwartz designed the earrings Beyoncé wore on her first solo album cover, “Dangerously in Love.”
Beyoncé has played the role of client and muse throughout Schwartz’s career, with the latter creating much of her red carpet and editorial jewelry, sharing her diamond and gemstone knowledge along the way.
For Beyoncé’s last birthday, Schwartz gifted her a GIA scholarship, which was matched by GIA to fund a second scholarship.
“This scholarship is an homage to Beyoncé for the inspiration she’s given me throughout my career,” said Schwartz, who hails from two generations of diamond dealers.
“It’s about the love formed from relationships and knowing that at the end of the day, we are all the same. Now I have the opportunity to bring that inspiration full circle and show the community the endless possibilities that are in this industry, especially for Black professionals.”
Earlier this year, Lorraine Schwartz announced a partnership with the Natural Diamond Council to offer $1 million of financing to BIPOC designers. Recipients will also receive mentorship from a host of Schwartz's celebrity friends and clientele, including Beyoncé's mother, Tina Knowles.
Applications for the GIA scholarship will be accepted starting today at 9:00 a.m. PST to March 16 at 11:59 p.m. PST.
For more information or to apply, visit GIA’s website.
The Latest

The company’s jewelry sales were up in Q4 and the fiscal year, with Richemont raising prices in part because of the cost of gold.

The “Bauble” capsule collection of colorful one-of-a-kinds includes our Piece of the Week, the “Bauble” earrings, featuring rose zircon.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

The updated catalog has a newly dedicated section for gift wrapping.


Everett covers colored stones’ surging popularity, the mellow return of the “Mellon Blue,” and his “The Devil Wears Prada” doppelgänger.

Fourth-generation CEO Lilly Mullen wants to emphasize experience, connection, and personalized service.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

The new award, created in partnership with Henne Jewelers, honors the late designer’s legacy through supporting jewelry education.

The addition of the diamond-producing countries as nation affiliated members broadens the federation’s global representation, WFDB said.

The NYPD is warning elderly New Yorkers to keep their jewelry hidden when walking outside to avoid being a target.

Designer Viviana Langhoff has realized her dream of owning a space for her Chicago jewelry store that looks and feels like her brand.

The sessions will run from Friday, May 29, to Sunday, May 31, with one being a live taping of an episode of Couture’s podcast.

Former Stephanie Gottlieb Fine Jewelry executive Morgan P. Richardson is joining the lab-grown diamond jewelry brand.

The $400 pocket watch is a blend of Audemars Piguet’s iconic eight-sided Royal Oak and Swatch’s unserious Pop watches from the ‘80s.

With gold prices on the rise, the “Modern Electrum” collection uses an alternative, non-tarnishing metal alloy composed of gold and silver.

Fruchtman Marketing has new owners, Erin Moyer-Carballea and Manuel Carballea, and will relocate to Miami.

In a column for the 2026 State of the Majors issue, Smith lists 10 time-tested principles about sales that still ring true.

In a column for the 2026 State of the Majors issue, Golan spells out how the growing economic divide in the U.S. is reshaping the market.

The “Limitless Expansion of Joy and Hope” collection evokes summer through colored gemstones and motifs of butterflies and florals.

The jewel, circa 1890, is from the late Victorian era and was owned by descendants of the last high king of Ireland.

This is what the nine recipients plan to do with the funds.

The Western star’s 14-karat gold signet ring sold for six times its low estimate following a bidding war at U.K. auction house Elmwood’s.

The discussion, "Rebuilding the Jewelry Workforce," will take place on Saturday, May 16, in Troy, Michigan.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

A matching pair of 18.38-carat, D-color diamonds from Botswana’s Jwaneng mine sold for $3.3 million, the top lot of the jewelry auction.

Sponsored by A Diamond Is Forever























