The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.
Accessories Council to Honor Two Jewelry Designers
Monica Rich Kosann and Kendra Scott both will be given Ace Awards on Aug. 7 in New York City.

New York--Two jewelry designers have been named to the initial list of honorees for the Accessories Council’s 2017 ACE Awards.
The awards, now in their 21st year, honor those that have made great strides in raising the awareness of the accessories industry. They are presented to designers, brands, retailers, celebrities and media who have helped to enhance sales and promote accessories.
This year’s event will be held on Monday, Aug. 7 at Cipriani 42nd St., marking the second time the organization has held it in the summer time.
Fine jewelry designer Monica Rich Kosann has been given the “Trailblazer” award.
In addition to creating her highly successful jewelry line, Kosann also has expanded her business to include book launches, home products and opening up her own freestanding boutique in the Shops at Columbus Circle in New York City.
“It just seemed like a good time to stop and celebrate everything that she has accomplished,” Karen Giberson, president of the Accessories Council, said to National Jeweler.
She added that the council held an event at the 92nd Street Y in New York last summer in which Kosann participated and which was very well received.
“We’re really excited to be able to recognize her in this way,” Giberson said.
A second jewelry designer on the list is Kendra Scott, whose eponymous brand of affordable jewels has been on fire of late. She will be given the “Breakthrough” award.
Scott launched her first collection in 2002, but it seems that within the past few years her name has started popping up everywhere. She became popular for her jewels that feature plated metals, silver and stones, with most priced under $150 at retail, and for the brand’s create-your-own-piece feature.
She has expanded into fine jewelry, launching a line of gold and diamond pieces, as well as home products. Scott also has started opening her own standalone retail stores--which now number more than 50 across the country--creating a shopping environment that has found a real way to connect with its consumers.
“She is right on target with what’s happening in the market,” Giberson said.
Other Ace award winners this year include Loeffler Randall as Brand of the Year, Polaroid Eyewear with the Legacy Award, PVH Corp. with the Sustainability Award, Shopbop for Retailer of the Year and musician will.i.am for the Fashion & Technology award.
Giberson also told National Jeweler that the list of
Past award recipients and guests at the event have included: Sarah Jessica Parker, Alexander Wang, Lady Gaga, Diane Von Furstenberg, Shinola, Jennifer Lopez, Bulgari, Coach, Bergdorf Goodman, Lord & Taylor, Lorraine Schwartz, Alex and Ani, Naomi Campbell and many more.
The Accessories Council is a not-for-profit international trade association established in 1994, created to stimulate consumer awareness and demand for fashion accessory products.
For more information on its Ace Awards, visit AccessoriesCouncil.org.
The Latest

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.

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

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


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.

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

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.

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

The National Jeweler editors revisit the most noteworthy industry happenings and design trends from 2025.

Need a gift for the cat lover who has everything? Look no further than our latest Piece of the Week.

It purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.

The lab-grown diamond grower now offers custom engagement and fashion jewelry through its Kira Custom Lab Jewelry service.

Chandler got his start at Michelson Jewelers and has served as DCA president and CEO since 2001. He will retire at the end of the month.

The boutique is slated to open this week inside Terminal 8, offering pre-owned Rolex watches and more to international travelers.

Sponsored by Digital Monitoring Products

The special-edition egg pendant ingested in a New Zealand jewelry store was recovered after a six-day wait.

Associate Editor Natalie Francisco plays favorites with Piece of the Week, selecting a standout piece of jewelry from each month of 2025.

The “Love and Desire” campaign is inspired by the magic that follows when one’s heart leads the way, said the brand.

Two awardees will receive free tuition for an educational course at the Swiss lab, with flights and lodging included.

Berta de Pablos-Barbier will replace Alexander Lacik at the start of January, two months earlier than expected.

Sotheby’s held its first two jewelry sales at the Breuer building last week, and they totaled nearly $44 million.

Winners will receive free registration and lodging for its fourth annual event in Detroit.





















