Sales for Richemont’s four jewelry brands increased 8 percent, while watch sales picked up toward the end of the year.
Belair Time Co-Founder Dies at 104
Ernest Grunwald started the company with his wife, Ilse, after fleeing Nazi Germany for the U.S. and serving in WWII.

Marlboro, N.J.—Ernest Grunwald, who started Belair Time Corp. in the 1960s after fleeing Nazi Germany and fighting for the United States in World War II, died Aug. 9.
He was 104.
Born March 28, 1914 in Bielefeld, Germany to Albert and Bertha Grünewald, he attended the University of Bonn but had to abandon his studies in 1933 when Adolf Hitler expelled all Jewish students from the school.
He relocated to Italy, studying Italian and, later, medicine at the University of Pisa before fleeing to Switzerland in 1938 and then immigrating to the U.S. in 1941.
In 1943, the U.S. Army Air Force drafted Grunwald and he fought in the Italian and North African campaigns during World War II.
After the war in 1946, he married Ilse Kalberman and joined her family’s small watch business, J. Kalberman Co.
His flair and language skills—he was fluent in German, Italian, French and English—served him well, and the business flourished. J. Kalberman Co. eventually became the distributor for Enicar and Cyma clocks and watches.
In 1962, Ernest and Ilse opened a watch movement assembly plant in the U.S. Virgin Islands called Belair Time Corp.
A little more than a decade later, the Grunwalds’ son Alan joined the family business, which eventually relocated to Lakewood, New Jersey, where it still is today.
Ernest Grunwald is remembered as having a passion for people and an infectious smile that could light up a room. He was loved by his employees, suppliers and customers alike.
He was preceded in death by his wife, Ilse; brother, Fred; and sister, Anneliese.
He is survived by his daughter and son-in-law, Elaine and Eric Moskowitz of Wooster, Ohio; son and daughter-in-law, Alan and Joan Grunwald of Morganville, New Jersey; and seven grandchildren, David, Rachel, Kara and Daniel Moskowitz, and Jason, Adrienne and Nolan Grunwald.
Donations can be made in Grunwald’s memory to the Wounded Warrior Project.
The Latest

Two scholarships are available, one for new and non-members and another for NAJA certified members.

The retailer’s new flagship is set to open in October at the Tuscan Village development in Salem, New Hampshire.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Sapphires, emeralds, and rubies are finding their place in a U.S. market captivated by the gemstones once referred to as “semi-precious.”


Plus, parent company Saks Global announces plans to cut ties with up to 600 vendors.

Peter Smith joined Michelle Graff to chat about the state of brick-and-mortar stores and share a few book and podcast recommendations.

Supplier Spotlight Sponsored by GIA

The necklace features a candy-colored Australian white opal in 18-karat Fairmined gold, as the brand was named a Fairmined ambassador.

Sponsored by the Las Vegas Antique Jewelry and Watch Show

A private American collector purchased the 10-carat fancy vivid blue diamond.

The designer has taken the appeal of freshly picked fruit and channeled it into a capsule collection of earrings, necklaces, and pendants.

The country’s gem and jewelry exports fell 5 percent year-over-year last month, while imports declined 18 percent.

Around 54 million Americans and counting live with a disability. Here’s how to make your jewelry store and website more accessible.

The event is also accepting poster submissions now through June 16.

Before Pope Leo XIV was elected, a centuries-old procedure regarding the late pontiff’s ring was followed.

The one-of-a-kind platinum Rolex Cosmograph Daytona was estimated to fetch up to $1.7 million.

While the product has entrenched itself in the market, retailers and consultants are assessing the next phase of the category’s development.

The police are trying to identify the man suspected of robbing two Tiffany & Co. locations in the area.

The well-known Maine jeweler takes over for Brian Fleming and will serve a one-year term.

The donation was the result of the brand’s annual Earth Day Ingot event.

Located in NorthPark Center, the revamped store is nearly 2,000 square feet larger and includes the first Tudor boutique in Dallas.

The nonprofit has made updates to the content in its beginner and advanced jewelry sales courses.

BIJC President Malyia McNaughton will shift roles to lead the new foundation, and Elyssa Jenkins-Pérez will succeed her as president.

As a nod to the theme of JCK Las Vegas 2025, “Decades,” National Jeweler took a look back at the top 10 jewelry trends of the past 10 years.

The company plans to halt all consumer-facing activity this summer, while Lightbox factory operations will cease by the end of the year.

Following weekend negotiations, the tax on Chinese goods imported into the United States will drop by 115 percent for the next 90 days.