The 6-carat CVD-grown pink diamond was “deliberately modified” to mimic the appearance of a natural rough diamond, the lab said.
Industry Pillar Nate Light, Architect of Modern-Day Sterling Jewelers, Dies at 86
He grew the company from a chain of 32 stores to a national retailer with more than 1,000 doors.
He was 86.
Light was born on Nov. 13, 1934.
After working for other jewelry retailers, he joined Sterling in 1977, when he was in his early 40s.
He was the driving force behind the acquisitions that grew the Akron, Ohio-based retailer from what it was then—a 32-store chain—to a giant, publicly traded company with more than 1,000 doors, 14,000 employees and annual revenues of nearly $1 billion.
A wholly owned subsidiary of Signet Jewelers Ltd. since 1987, Sterling’s banners include some of the most recognizable names in jewelry retail, like mall staple Kay Jewelers and the standalone Jared the Galleria of Jewelry stores, which are pillars of Signet today.
Light was also a charitable man.
Beginning in the 1980s, he was active with the Foundation Fighting Blindness and helped to organize the industry’s “Party with a Purpose” at JCK Las Vegas in 1994.
The Party With a Purpose was the foundation for the annual, well-attended Facets for Hope gala still hosted by Jewelers for Children today.
Light was named to National Jeweler’s Retailer Hall of Fame in 1995, the same year he retired as Sterling’s CEO.
In 2016, what was then known as the Diamond Empowerment Fund presented its inaugural Diamonds Do Good Lifetime Achievement Award, recognizing an individual who has promoted the importance of developing social purpose programs and charitable giving to help communities where the diamond industry does business.
Light was first recipient of this award since, DEF said at the time, he was someone who epitomized this ideal.
According to posts on an online memorial page and on social media, Light was a “people person” who was known for treating everyone with kindness and respect.
“I have never known any individual with his business sense, people skills or personality in my lifetime. Sterling Inc. was built upon Nate Light’s success,” one person wrote on the memorial page
Another stated: “Nate was truly the backbone of Sterling Jewelry. I remember one time him coming to distribution for a quick meeting. Seeing everyone standing and sitting around, he proceeded to drop to the ground and sit like everyone else.
“He never acted better than anyone else and that’s why we all liked him. God bless his family and loved ones.”
Signet Jewelers also provided a statement on Light’s passing.
“Our thoughts and prayers are with Nate’s family,” said David Bouffard, Signet’s vice president, corporate affairs.
“In honor of his contributions, and in line with the cause he cared deeply about, Signet’s Love Inspires Foundation has made a donation to the Foundation Fighting Blindness.”
The family held a private service for him on Monday in Palm Beach Gardens, Florida.
Those who wish to honor Light can do so by donating to Chabad of Palm Beach Gardens, 7026 Fairview Lane, Palm Beach Gardens, FL 33418, or to the Foundation Fighting Blindness, P.O. Box 17279, Baltimore, MD 21297.
The Latest

If the Global Diamond Consortium emerges as the top bidder for De Beers, Botswana’s stake will double to 30 percent, Duma Boko said Monday.

An incorrect AI-generated ad or product description can cost your store valuable consumer trust.

With over 50 years experience in the trade, DSF Antique Jewelry offers quality, craftsmanship, condition, and remarkable variety.

These nine individuals and brands are up for a Gem Award in the Jewelry Design, Media Excellence, and Retail Innovation categories.


The incident, which happened in Miami-Dade County, serves as a reminder to jewelers of the dangers of selling and storing jewelry at home.

GIA Analytical Microscopist John Koivula curated the collection of 2,665 crystals, gems, and minerals over a 60-year span.

With customization becoming more expected in engagement ring shopping, the Bridal Builder makes the process tangible.

The “Eclipse” collection, the brand’s first high jewelry line, centers its alligator motif in diamond and spinel jewels.

From a Betta fish brooch to a “dragon’s trove” of zircon eggs, here are seven pieces that’ve stuck with Associate Editor Lauren McLemore.

Groundbreaking New Mexico Governor-elect Deb Haaland wore the earrings, our Piece of the Week, when she declared victory on Tuesday.

Sponsored by GCAL by Sarine

From shrinking budgets to AI elves, here are five takeaways from holiday reports by Bain, Adobe, Mastercard, NRF, and insights from YouGov.

The designers combined their talents for Little Pet Portraits, hand-painted miniatures of our best friends set in a piece of jewelry.

Its non-bridal fine jewelry remains the star of the show, recently launching new collections inspired by Elizabeth Taylor and Jane Goodall.

The lab will bring back its complimentary next-day service for some reports starting next week.

A Pennsylvania woman failed to declare a ring and a bracelet, discarding the boxes and receipts to conceal the purchases, officials said.

New collections and relevant marketing pushed the company forward, while Pandora’s lab-grown diamond sales continue to lag.

The citywide celebration, slated for Nov. 16-22, is set to host more than 175 events, including live jewelry-making demos.

Lanessa Elrod, former president and CEO of Louis Vuitton Americas, has stepped into the role as the retailer celebrates 125 years.

A replica of one of the most powerful objects in the Marvel Cinematic Universe, the glove is heading to auction next month in Abu Dhabi.

Klein, who had his own marketing agency and worked for Gabriel & Co. and Trans American Diamond, is remembered as a kind man.

To enter the giveaway, locals can purchase a featured beverage from one of eight participating restaurants in Houston and Austin, Texas.

The grant recipient will be awarded $50,000 as well as mentoring meetings with executives at David Yurman and other industry executives.

The winners include a non-NAJA member seeking training, a member beginning NAJA courses, and a member becoming a Certified Master Appraiser.

The rare jewel, which has links to Russia’s Romanov dynasty, is estimated to fetch up to $2 million.

It is one of several seizures of counterfeit jewelry and watches by U.S. Customs and Border Protection officials in Louisville this year.























