Onyx Partners has submitted a second offer to buy the department stores after its first offer fell through last year.
Rebecca Foerster Is the New President of Diamonds Do Good
She succeeds Anna Martin and will be supported by Vice President Kathy Corey, co-owner of Day’s Jewelers.
Foerster has been on the Diamonds Do Good board for 10 years and on its executive committee for four years. During her tenure, she has chaired the marketing, fundraising and nominating committees.
Foerster is currently the president of Alrosa USA.
Previously, she was vice president for strategic planning and marketing at Leo Schachter Diamonds and, prior to that, headed diamond sales and marketing for Rio Tinto Diamonds.
Martin, the GIA’s senior vice president, global development and beneficiation, will stay on the Diamonds Do Good executive committee as immediate past president.
Kathy Corey, co-owner of Day’s Jewelers, is the vice president of Diamonds Do Good, and Yancy Weinrich, chief growth officer at Reed Exhibitions, remains the organization’s treasurer.
Outgoing president Martin said: “It has been a privilege to serve as president for the past four years for an organization that shares my values.
“I am very confident Rebecca will continue the positive impact Diamonds Do Good has made for so many communities, and I look forward to working with her to encourage the industry to share these stories with their customers as it is not only good for business, it is a responsibility for the entire industry.”
In addition, 10 individuals who represent all facets of the industry and include next-generation leaders were inducted onto the board.
They are:
— Kim Crawford, divisional manager for jewelry and watches at Macy’s;
— Nathalie Diamantis, CEO and president, Pomellato Group Americas;
— Christina Gandia Gambale, co-owner, Greenwich St. Jewelers;
— Mark Klein, director of operations, Julius Klein Group;
— Avi Levy, president, International Gemological Institute;
— Kristie Nicolosi, president and CEO, Kingswood Co.;
— Kealeboga Pule, founder of MD Nungu Diamonds, South Africa;
— Catherine Sarr, designer, Almasika;
— Andrew Siegel, COO Hamilton Jewelers; and
— Iris Van der Veken, executive director, Responsible Jewelry Council.
“We are thrilled to welcome these incredible new board members, many of whom represent the next generation in our industry and all of whom have expressed their passion for the mission of Diamonds Do Good,” incoming president Foerster said.
The Latest

Solomon Brothers Jewelers has partnered with local cocktail bar Roaring Social on a new martini garnished with a tennis necklace.

Benjamin Siegel, son of President and CEO Hank Siegel, started working for the family business this week.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

The new space features a modern design that blends Bulgari’s Roman heritage with San Diego’s coastal spirit.


Four men were charged in connection with the break-in and accused of stealing $365,000 in cash, jewelry, and designer goods.

André Branch has more than 25 years of experience with various brands, most recently serving as CEO of Ariana Grande’s cosmetics company.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

New York-based atelier Gemlok is best known for creating the innovative “bridge” setting that became popular in the bridal market.

Santana Now's debut collection, “Unidad,” features symbolic motifs as well as pieces of wood from the Woodstock stage.

The 50-year-old man pleaded guilty earlier this year to robbing two jewelry stores and a pawn shop of more than $700,000 in merchandise.

The watch’s dial features an original design by Marvel comics illustrator Adam Kubert.

The new collection of lab-grown diamond and colored gemstone jewelry provides a “fresh perspective” on the category, Chatham said.

While some August babies are team peridot, the month's time-honored birthstone, others are team spinel, the newer alternative.

Edina Kiss’ “Popsicle” pendant and Karina Choudhrie’s “Ice Cream” charm satisfy that summer craving for a sweet piece of jewelry.

The massive billboard has been in the same spot on the department store’s Herald Square flagship store for decades.

David Bonaparte, along with Tim Haake and Ronnie VanderLinden, continue to lobby for tariff exemptions for diamonds, gemstones, and pearls.

Survey respondents were concerned about the rising prices of food and groceries as well as unemployment.

The trade show, slated for Sept. 4-8 in Vicenza, Italy, will feature sessions on trends, AI, gemology, and manufacturing.

The public shopping event featuring art, jewelry, watches, and rare collectibles, will take place in Santa Clara, California, this fall.

Endiama Commercial Director Elton Escrivão knows people have a lot of misperceptions about Angola. He wants to change that.

Reilly has been with PGI USA for the last 20 years, leading partnership development and professional education.

Boucheron reached record sales while Pomellato found success in its signature collections.

She was one of more than 120 American designers who created flags for the “United Flags of Fashion” project led by CFDA and Vogue.

Smith reveals the method The Retail Smiths use to help retailers and vendors write better job postings.

LVMH’s jewelry and watch brands outperformed the company’s other divisions in an environment the company described as “disrupted.”

“Sacred Heart” features symbols like crosses, angel wings, the Star of David, and the evil eye as a representation of coexistence.
























