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The indictment of 17 individuals involved in smash-and-grab robberies and the increase in the number of jewelry companies consolidating or closing were the top stories last week.

New York--Here are the top five stories on NationalJeweler.com for the week of March 1 to 7, according to Google Analytics.
1. 17 individuals indicted in slate of smash-and-grabs
Members of a Detroit-based robbery crew who allegedly smashed display cases to steal Rolex watches from jewelry stores in six different states have been indicted.
2. Industry sees spike in business discontinuances
According to Jewelers Board of Trade data for 2014, the number of business discontinuances was up 32 percent to 1,010 in the United States and Canada last year. JBT President Dione Kenyon gives several explanations for the increase.
3. NC jeweler arrested for replacing stones with fakes
The owner of Custom Jewelers Gallery in Greensboro, N.C. faces two felony charges after allegedly replacing a diamond and two emeralds with simulants in the ring of one elderly customer who also used to be an employee of the store.
4. Christie’s gets sued by Elizabeth Taylor’s trust
The Sothern Trust, the trust for the late actress Elizabeth Taylor, filed a lawsuit in federal court in Los Angeles against New York-based Christie’s Inc. for cancelling sales from the record-setting sale of her jewelry without good reason and not paying the trust for other items that were sold.
5. Diamond prices remain ‘under pressure’
According to Rapaport’s RapNet Diamond Index, polished diamond prices continued to fall in February even as the market did see an uptick for 1-carat stones.
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Submit your pieces for a chance to win in this year's competition.

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The deadline to apply is Nov. 13.

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Jewelers of America also revealed the recipients of the Seymour & Evelyn Holtzman Bench Scholarship and its own scholarship programs.

The British actor, known for his roles in “Twilight” and “The Odyssey,” will star in a campaign for the Master Control Chronometre.

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Nelson Holdo of Newport Beach pleaded guilty to multiple counts of felony grand theft and writing bad checks and was sentenced Monday.

Cat ladies of the jewelry world, unite. Sandy Lerner’s “significant” collection of cat jewelry and other objects is going up for auction.

Arnaud Michon, the former Omega USA President, will now lead Messika’s Americas region during its international development.

The branding references the back-to-back jewelry shows that new parent company Forge will host in Miami's Coconut Grove this November.

The stainless steel Patek Philippe “Calatrava” watch from the 1930s sold for nearly $80,000 at a recent Hansons Cornwall auction.

Engagement rings are important but don’t ignore the customers who are buying jewelry “just because,” Emmanuel Raheb writes.

Former Pomellato CEO Sabina Belli has been named president of Kering Italia amid a shakeup of Kering's new Jewelry division.

The veteran luxury packaging executive was appointed to help the company grow its North American business.

Once the property of an Egyptian queen, the necklace was part of a larger exhibition of VCA jewelry at the Museum of Applied Arts (MAK).

The labs’ separate investigations each determined that the East African country is producing copper-bearing tourmaline.

“Chicago Collects: Jewelry in Perspective” at the Oshkosh Public Museum will feature works by Fabergé, Lalique, and Louis Comfort Tiffany.

The “Worn Well” collection is Catbird's take on classic men's jewelry.

This Buddha Mama butterfly is our Piece of the Week honoring the legend, who embraced the beautiful insect as her symbol.

The former De Beers CEO, and perhaps its next owner, will be a featured speaker at the event, slated for Sept. 4-7 in Italy.






















