The deal closed this week, which means Instore will produce the JA NY show slated to take place this fall.
DEF Names Graça Machel Trust as 2017 Beneficiary
The Diamond Empowerment Fund has given $130,000 to the women’s and children’s rights organization founded by South Africa’s former first lady.

New York--The Diamond Empowerment Fund has named the Graça Machel Trust as its beneficiary this year, awarding the organization a $130,000 grant.
The Honorable Graça Machel, former first lady of South Africa and Mozambique and longtime political and social advocate, started the trust in 2010 to improve the lives of African women and children.
In addition to running its own programs, the trust also helps strengthen networks and organizations that help women and children, as well as drive social and economic change across the continent.
DEF co-founder Dr. Benjamin F. Chavis Jr. said: “Graça is a global freedom fighter, international advocate for the rights of women and children, United Nations icon and one who continues to give and share her activism, leadership, genius, love, wisdom and grace.”
Machel also received the first Global Humanitarian Award at DEF’s annual “Diamonds Do Good” event in Las Vegas in June.
The grant news comes as DEF gets ready to celebrate its 10th anniversary; it was at a meeting at Nelson Mandela and Graça Machel’s home in Maputo, Mozambique, in 2006 with Chavis and Russell Simmons that the idea for the Diamond Empowerment Fund came to be.
“The Graça Machel Trust is the perfect partner with which to continue our 10-year legacy of giving back to the youth from diamond communities around the world. The trust’s work is a reminder that ‘Diamonds Do Good,’” said Anna Martin, DEF president and senior vice president of Gemological Institute of America.
The Graça Machel Trust joins the existing DEF beneficiaries, India-based Veerayatan and the Botswana Top Achievers Program.
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 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.

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

The next generation of lapidarists are entrepreneurial, engaged online, and see the craft as a means for artistic expression.

It was the second auction appearance for the fancy vivid blue-green diamond, which sold for $7.8 million at Christie’s Geneva 12 years ago.























