The one-of-a-kind necklace was designed in celebration of the Chinese New Year, as 2025 is the Year of the Snake.
Monica Rich Kosann Becomes Certified B Corporation
The designation is awarded to socially and environmentally friendly companies.
New York—A third party can now assure customers their money is well spent with Monica Rich Kosann.
The jewelry design company is now a Certified B Corporation. The designation is awarded to socially and environmentally friendly companies.
According to Certified B, “Certified B Corporations are businesses that meet the highest standards of verified social and environmental performance, public transparency and legal accountability to balance profit and purpose.
“B Corps are accelerating a global culture shift to redefine success in business and build a more inclusive and sustainable economy.”
Currently, there are 3,522 Certified B companies across 150 industries in 74 countries. Some of the most well-known are Vermont ice cream maker Ben & Jerry’s and social media company Hootsuite.
Monica Rich Kosann (MRK) CEO Rod Kosann explained that receiving the B Corp designation through B Labs “was a long process” that took more than a year and evaluated five areas: governance, workers, customers, environment and community.
Being a B Corp company means continuous evaluation and improving upon business practices, Kosann explained.
Currently, some examples of the brand’s social and environmental considerations include working with vetted manufacturing partners, including many precious metals suppliers that are also members of the Responsible Jewellery Council.
Additionally, more than half of the gold the company uses is recycled.
On the packaging front, MRK utilizes 70 percent recycled cardboard packaging for jewelry boxes and 100 percent Sustainable Forestry Initiative-certified tissue paper.
The company’s UPS Ground Shipping is conducted through their carbon offset program, which supports verified emission reduction projects around the world.
When it comes to battling gender inequality in the workplace, 92 percent of the MRK team are women, with all business managers other than the CEO being women.
Through the years, MRK has raised money for several charitable organizations through its Monica Cares initiative. Recent efforts have benefitted front line health care workers, Blessings in a Backpack, Embrace Race, and the Kips Bay Boys and Girls Club.
A current selection of specially designed jewels from the Poesy Ring Collection donate more than 50 percent of proceeds to partner organizations North Shore Animal League America and Women in Need.
MRK will undergo an additional review process to maintain its B Certification every three years.
Meanwhile, on the design front, the company recently partnered with fellow New York City-based artist and illustrator Amber Vittoria on three commissioned illustrations inspired by
“I have always admired the strength, bold use of color and graphic artistry of Amber Vittoria’s illustrations,” the designer Kosann said.
The Poesy rings range in price from $48 for silver versions and $2,345 for 18-karat gold with diamond and gemstone iterations. Half of the proceeds from one of the designs, the “Unity” ring, will benefit organization Embrace Race.
The Latest
“My Next Question” guests Sherry Smith and Edahn Golan share their 2025 forecasts, from sales and marketing to what retailers should stock.
The gemstone show is slated to take place at the Scottish Rite Cathedral.
The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
From raffles to auctions to donations, the industry is working to aid charities in Los Angeles amid the raging wildfires.
The suspects are accused of planning to kidnap a Miami jeweler and rob him of his cryptocurrency.
Francis “Gosh” Eiseb, 58, was a senior protection officer for Namib Desert Diamonds, also known as Namdia, in Windhoek, Namibia.
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
The online diamond and jewelry marketplace has expanded, introducing a new platform dedicated to colored gemstone trading.
The second annual learning forum for retailers is slated for March 13 at City Winery in Pier 57 in New York City.
Roy Safit took over the role on Jan. 1.
Sherry Smith shares data on the year gone by, including the breakdown between natural and lab-grown diamond sales.
The company also is matching donations made to Jewelers of America and the Diamond Council of America’s Jewelers Relief Fund.
Now in its fourth year, the program is expanding to include a list of “20 Under 40” for jewelry suppliers.
Core retail sales during the 2024 holiday season surpassed the National Retail Federation’s forecast.
The “Reach for Life” collection uses feather and arrow motifs to invite growth and inner curiosity.
Peter Smith pulls back the curtain on the often misinterpreted, and sometimes maligned, world of sales training.
Julia Hackman Chafé and Monica Elias have joined the organization’s board of directors.
The company, which owns Cartier and Van Cleef & Arpels, had a record Q3, with sales topping $6 billion.
The necklace features a sapphire drop weighing more than 9 carats that detaches to transform into a ring.
Jameel Mohammed, founder of Afrofuturist brand Khiry, will receive a cash prize and a one-year paid fellowship with Tiffany & Co.
The 127-year-old jeweler is planning to open a new store in Mystic, Connecticut.
The watches’ dials feature artwork celebrating the vibrant energy and unique landscapes of six of America’s national parks.
Offered by U.K. auction house Woolley & Wallis, the yellow diamond bracelet was a gift from Taylor’s good friend Michael Jackson.
The jewelry trade show returns to The Venetian Expo and The Venetian Resort in Las Vegas from June 6 to 9.
Associate Editor Natalie Francisco highlights her favorite fashion jewelry pieces from the upcoming “Unapologetically Iris” auction.
The closures are part of the retailer’s plan to close 150 locations over a three-year period.