At the 2025 World Series, the Los Angeles Dodgers’ Yoshinobu Yamamoto sported a custom necklace made by California retailer Happy Jewelers.
DEF Partners with Mandela Institute for Scholarship
It will be the first in a series of Diamond Empowerment Fund scholarships.
New York—The Diamond Empowerment Fund h¬as partnered with the Mandela Institute for Development Studies (MINDS) to establish the first in a series of Diamond Empowerment Fund scholarships.
MINDS develops Pan-African leaders who have experience on the continent and can facilitate economic integration and social cohesion.
The Diamond Empowerment Fund Scholarship will be earmarked for a student from a diamond-producing country whose chosen post-graduate study is in a field that helps improve the quality of life for Africans.
Additional DEF scholarships will be identified in the coming months, each representing the global impact of the diamond industry.
The Diamond Empowerment Fund was inspired by Nelson Mandela, who encouraged its co-founders to tell the world how Africa’s diamonds were helping build healthy and educated communities on the continent.
“We are thrilled to be partnering with the Mandela Institute for Development Studies and to continue the legacy of giving back to the very communities where diamonds are found,” said DEF President Anna Martin, who is also senior vice president of GIA.
This year marks what would have been Mandela’s 100th birthday. His impact will be acknowledged and celebrated at the Mandela Peace Summit on the eve of the opening of the UN General Assembly this month.
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The jewelry retailer raised its full-year guidance, with CFO Jeff Kuo describing the company as “very well positioned” for the holidays.

Ahead of the hearing, two industry organizations co-signed an amicus brief urging the court to declare Trump’s tariffs unlawful.

Stuller COO Belit Myers will take on the additional role of president, with all changes effective at the start of 2026.

Smith cautions retailers against expending too much energy on things they can’t control, like the rising price of gold.

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The family-owned jeweler will open its fourth store in Florida in late 2027.

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The trade organization also announced its executive committee and five new directors.

The “Have a Heart x Diamonds Do Good” collection is championed by model and humanitarian Flaviana Matata and will benefit her foundation.

The ring, set with a nearly 17-carat Kashmir cabochon sapphire, sold for $1 million.

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The suspects were rounded up in Paris and its suburbs on Wednesday night, but none of the stolen jewels were recovered with them.

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Sponsored by the Gemological Institute of America

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