Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.
These Greek Jewels Are Up for Auction
Pieces from designers Nikos Koulis and Prounis will benefit Greece’s humanitarian and economic recovery.

New York—The Hellenic Initiative’s eighth annual gala has, predictably, gone virtual.
Each year, Greek jewelry, fashion and home designers donate pieces to be auctioned ahead of the gala, with raised funds benefiting the initiative that supports Greece’s humanitarian and economic recovery through aiding various nonprofit organizations and investing in Greek entrepreneurs and leaders.
This year, representing Greece’s rich jewelry tradition in the silent charity auction are jewels from Nikos Koulis, an Athens native, and Prounis, the eponymous line by American designer Jean Prounis, who is of Greek heritage and whose work is inspired by jewels from ancient Greece and Rome.
Nikos Koulis is offering a sleek 18-karat white gold pendant with emerald, white diamonds and black diamonds on an 18-karat white gold chain from the “Oui” collection.
Normally sold for $4,000, bids start at $2,000 for the piece.
Prounis, meanwhile, is offering its “Nona Drop Earrings,” so called for the Latin term meaning “having nine.” It refers to the nine granules featured in each 22-karat gold earring, which also features a rainbow moonstone cabochon.
Handmade in New York City and valued at $4,000, the earrings also start at $2,000.
More affordable jewels include the gift-worthy Elena Votsi “Evil Eye Bracelet” made of blown glass on a pink cord, which has a $175 minimum bid and sells for $340; a rhodium-plated sterling silver cuff from Huffy Jewels valued at $500 and starting at $250; and rhodium-plated sterling silver earrings from Vanile on the Rock by Vanessa Geroulanos, valued at $160 and available at a minimum bid of $75.
The auction is underway now, concluding Thursday, Nov. 12 at 7 p.m. EDT in concurrence with the virtual gala.
The Hellenic Initiative was established in 2012. The secular nonprofit has committed or distributed $5.7 million toward direct crisis relief, plus $10.1 million toward economic and entrepreneurial development.
This year, funds raised are earmarked for hunger relief, health and social welfare support, as well as vocational training.
Not limited to jewels, the auction also offers art, spirits, food and luxury vacations. The full list, with bids open to all, is online.
Last year’s gala garnered more than $2.3 million.
The Latest

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.

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

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.

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

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.

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

The new show will take place Jan. 23-25, 2026.

The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

The luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.

The company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.

In the recent multi-shipment seizure, CBP also found counterfeit Audemars Piguet, Moncler, and Chrome Hearts items.

Helzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.



















