The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.
5 Stories You Might Have Missed Last Week
National Jeweler recaps five stories from the week of Dec. 21 to 26 that jewelers might have missed in the midst of the holiday rush.

New York--Too busy last week to catch all the headlines in the jewelry industry? No problem.
Here are five stories from last week that retailers might have missed in the midst of the holiday rush.
1. The Spending Bill Clause ‘Critical’ to Jewelers
As part of the trillion-dollar spending bill passed on Dec. 18, Congress made permanent legislation that allows retailers to write off store improvements over a 15-year period.
2. Changing Times: A Multiple-Choice Quiz
In National Jeweler’s last contributed column of the year, Jan Brassem gave jewelers a final pop quiz for 2015, this one testing their knowledge of the changing retail landscape.
3. UAE Appoints Chair for Kimberley Process
The United Arab Emirates’ Ministry of Economy announced on Dec. 20 that it has selected Ahmed Bin Sulayem, executive chairman of the Dubai Multi Commodities Centre Authority, as the KP’s official chairman in 2016.
4. The Most-Read Stories of 2015
What did National Jeweler’s readers click on the most this year? It turns out they found stories about the past and the future equally enthralling.
5. Chamilia Gets Into the Stackables Game
Swarovski has debuted a line of 28 rings priced between $30 and $70 that feature Pure Brilliance zirconia, alpinite and spinel crystals.
The Latest

Jewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.

Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.


The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

Senior Editor Lenore Fedow learned a lot when she took a behind-the-scenes factory tour with the jewelry brand earlier this year.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.

The online auction house’s September sale will feature rough Brazilian emeralds of various qualities.

She’ll lead an executive committee consisting of President-Elect Bryan Moeller, Mitchell Clark, Bill Farmer, and Larry Rickert.

Announced Sunday, the deal will set the tax on goods imported into the United States from the European Union at 15 percent.

A new edition of the Italian brand’s “Ipanema” collection has debuted with gemstones that evoke Brazil’s breathtaking views.

The retailer will refer its customers to WonderCare, founded by venture capitalist and watch collector Kevin O’Leary.

The jeweler’s largest store yet is set to open in Little Rock next fall.

Anne Hathaway was seen wearing the toggle necklace three times while filming scenes for “The Devil Wears Prada 2.”

Jewellery & Gem World Hong Kong is scheduled for Sept. 15 to 21, and buyer pre-registration will be available until Sept. 7.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

Mark and Candy Udell of London Jewelers will receive the honor at the 24th annual Gem Awards next March.

While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.

The “Fantasia” jewelry collection turns the intaglio animals from her “Close Encounters” collection into 3D characters.

The special Classic Avi Chronograph 42 with an Eagles-green dial is limited to 59 pieces, a nod to the Super Bowl Philadelphia just won.

JSA has received reports of mobs swarming jewelry stores, driving cars into the storefront or smashing through the windows.

The “Kashmir” collection features centuries-old craft techniques made in collaboration with the region’s master papier-mâché artisans.