The approval means the retailer is on track to exit bankruptcy proceedings this summer.
Mark Patterson Wins Contest to Redesign DEF Bracelet
The California-based jewelry designer has created a new look for the Diamond Empowerment Fund’s Green Bracelet.

New York--California-based jewelry designer Mark Patterson has been named the winner of the Diamond Empowerment Fund’s bracelet redesign contest.
The original DEF bracelet, known as the Green Bracelet, was comprised of malachite beads with a small piece of rough suspended in a diamond-shaped, gold-plated charm.
On Tuesday, DEF announced the winner: Mark Patterson, the Newport Beach, Calif.-based jewelry designer who started his eponymous brand in 1985.
Patterson made his bracelet in two sizes on an adjustable braided leather cord with a gold-plated diamond-shaped charm.
The charm is reversible; on one side is DEF’s tagline, Diamonds Do Good, while the other is set with a polished white diamond that is Kimberley Process certified.
Patterson said he and his wife Josette collaborated on the design, as always.
“We knew that a key element that we wanted to incorporate was making it reversible so that the inspiration message could be either a private reminder to the wearer or a public statement to ‘do good,’” he said.
He added that he designed the “do good” message to look like graffiti in order to give it a “young, hip feel.”
Patterson slipped a slice of chrysoprase into the charm, fulfilling the need for the bracelet to have a green element while also paying homage to the land where the bracelet is being manufactured, China.
He said he and his wife, who is a sculptor and ceramic artist, used the slice, or “shard,” of chrysoprase as a nod specifically to Jingdizhen, China, the town where porcelain was first fired some 2,000 years ago.
Hong Kong-based retailer and manufacturer Chow Tai Fook will make the new Green Bracelet, which will be available on DiamondsDo.Good.com for a “suggested donation” of $125 beginning in September. The bracelets will be available for retailers in the fall.
As part of his prize, Patterson will receive a trip to China to meet Chow Tai Fook’s managing director, Kent Wong, and visit jewelry stores in Hong Kong and mainland China.
Other Couture designers who submitted notable designs for the new Green Bracelet were
Design entries had to be unisex, include at least one Kimberley Process-compliant diamond, contain the color green and be able to be priced at $125 retail.
The Latest

The bridal-focused brand is also launching its Custom Atelier this summer, a digital custom design tool for its authorized retailers.

The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

The industry veteran is bringing his 56-year run in the fine jewelry sector to an end.


The panel discussion will feature LGBTQ+ leaders across the jewelry, luxury, and creative industries.

Inspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

The company has promoted Katherine Whitacre to the role.

The jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

Up for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.

The organization also announced its international board of directors for the 2026-2027 term.

Saks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.

Smith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.

The Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.

The retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.

The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.

Dr. Akinwumi Adesina, a development economist, will head the fund created to help Botswana diversify its economy.

Sotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.






















