As the shopping mall model evolves and online retail grows, Smith shares his predictions for the future of physical stores.
Francesca Amfitheatrof’s Newest Design Is All Hers
The Louis Vuitton and former Tiffany & Co. jewelry designer has launched her own line, Thief and Heist.

New York—Francesca Amfitheatrof has guided the design of some of the world’s largest and most luxurious brands, as Louis Vuitton’s current artistic director of fine jewelry and watches and Tiffany & Co.’s former design director.
Now, she’s reinterpreting luxury for a line that’s all her own.
Today, the jewelry designer launches Thief and Heist, a jewelry concept that defines value by the experience of wearing a piece, rather than the cost of its materials.
Upon launch, it consists of two styles, white and black nylon bracelets affixed with a sterling silver tag.
Like a wristband for an event, once secured, the bracelets won’t come off unless they’re cut, amounting to a semi-permanent piece of jewelry that emphasizes the act of putting it on.
“The tag is a time capsule,” Amfitheatrof told National Jeweler via e-mail, “it can mean anything as long as it means something to you. It’s a minimalist object that becomes part of you. It’s on you even when you are naked. It’s a reminder of a person, a place, a moment. It’s approaching jewelry from a different perspective.”
The concept is not entirely new, to the designer anyway. Amfitheatrof first launched the bracelets in the 1990s, where they “became a hit” among the fashion set in New York City, London and Tokyo.
“Luxury has changed completely. It is a luxury to be able to order online with one click and make instant decisions.” – Francesca Amfitheatrof
She re-introduced them at a pre-launch party in New York City last Fashion Week, where jewelry events were largely absent from the week’s line-up, tagging a slew of tastemakers, editors and stylists with the bracelets, and creating buzz around the Thief and Heist brand.
Today, the bracelets are available on ThiefandHeist.co and in the future will debut at other retailers.
At $125, they’re by far the most economical Francesca Amfitheatrof creation money can buy.
“Luxury has changed completely,” Amfitheatrof explained of the brand’s affordability. “It is a luxury to be able to order online with one click and make instant decisions. We have to approach these changes with vision and capture the incredible times we live in.”
Get the bracelets while they last, though expect more colorful iterations with different materials in the future.
The Latest

The trade show is slated for Jan. 31-Feb. 2 at The Lighthouse in New York City's Chelsea neighborhood.

The annual report highlights how it supported communities in areas where natural diamonds are mined, crafted, and sold.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Footage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.


The supplier has a curated list of must-have tools for jewelers doing in-house custom work this year.

The Signet Jewelers-owned store, which turned 100 last year, calls its new concept stores “The Edit.”

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Linda Coutu is rejoining the precious metals provider as its director of sales.

The governing board welcomed two new members, Claire Scragg and Susan Eisen.

The master jeweler, Olympian, former senator, and Korean War veteran founded the brand Nighthorse Jewelry.

In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.

Mohr had just retired in June after more than two decades as Couture’s retailer liaison.

Shekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.

This year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.

Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.

As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.

Its residency at Yamron Jewelers will run through May 2026.

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

The retailer is expanding into areas with large Indian and South Asian populations.

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.





















