As the shopping mall model evolves and online retail grows, Smith shares his predictions for the future of physical stores.
De Beers Group Shuffles Departments with Focus on Social Responsibility
The diamond company is combining its marketing and sustainable impact teams.
London—De Beers Group is shuffling up some of its key departments in an effort to show the diamond mining and jewelry company is focused on promoting its corporate social responsibility measures.
The London-based diamantaire is combining its “Consumer & Brands” team with its “Corporate Affairs” team into a new group called “Brands & Consumer Markets.”
The new department combines brand marketing with social purpose, De Beers explained, underlining the importance today’s consumer gives to shopping with companies that align with their values.
The Brands & Consumer Markets group will showcase the “beauty of a De Beers diamond and the beauty of its story,” per a press release.
This means a number of De Beers execs find themselves in new roles.
Stephen Lussier, chairman of De Beers Jewellers and chairman of Forevermark, in charge of De Beers’ consumer business long-term vision, sees his previous position as executive vice president of consumer and brands shift into executive vice president of consumer markets.
Lussier remains on the De Beers Group Executive Committee, as does David Prager, previously executive vice president of corporate affairs, who is now executive vice president and chief brand officer at De Beers.
Prager is tasked with De Beers’ marketing, showcasing its sustainability practices and commitment to creating a positive impact for people and the planet under the umbrella of a new program, called “Building Forever.”
Joining Prager in the development of the sustainability initiative, Building Forever, is Katie Fergusson.
Previously, Fergusson was senior vice president of social impact. Now, she is senior vice president of sustainable impact.
Feriel Zerouki, formerly senior vice president of international relations and ethical initiatives, is now senior vice president of corporate affairs.
Feriel and her team will be responsible for creating ethical and sustainable value chains, as well as international relations, industry engagement and corporate and employee communications.
Feriel built De Beers’ “Best Practice Principles,” a pipeline assurance program, as well as GemFair, as part of its efforts to bolster human rights in the artisanal mining community.
Colby Shergalis, former senior vice president of group brand in London and vice president of marketing and communications at Forevermark, is now senior vice president of brand marketing.
Shergalis has created consumer-facing campaigns for De Beers Group and Forevermark, and even “A Diamond is Forever” through her previous agency.
Now, Shergalis will focus on advertising that underscores social responsibility.
Lastly, Martha Velando, who joined De Beers in 2020 as Forevermark CEO, has now been
She will head up the global marketing team emphasizing consumer communication throughout their entire diamond purchasing journey.
Previously, Velando was a senior marketer for companies like Yves Saint Laurent, Lancôme, Kiehl’s and Victoria’s Secret while working for P&G, L’Oreal and Coty.
The executives will work closely with De Beers Jewellers CEO Céline Assimon and Forevermark CEO Nancy Liu.
De Beers Group CEO Bruce Cleaver commented: “As new generations of consumers look to express not just their love, but their values, through the purchases they make for others and the things they buy for themselves, the transformation and appointments we have announced reflect our conviction that compelling and meaningful brands will shape the future of diamonds.
“The combination of Stephen’s unparalleled experience in the diamond industry, Nancy and Céline’s leadership of Forevermark and De Beers Jewellers respectively and our new holistic brand team that will bring together our efforts to protect, lend purpose to and promote our brands under David’s leadership, will deliver purpose-led and growth-focused propositions for our partners.”
The Latest

The trade show is slated for Jan. 31-Feb. 2 at The Lighthouse in New York City's Chelsea neighborhood.

January’s birthstone comes in a rainbow of colors, from the traditional red to orange, purple, and green.

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

Footage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.


The supplier has a curated list of must-have tools for jewelers doing in-house custom work this year.

The Signet Jewelers-owned store, which turned 100 last year, calls its new concept stores “The Edit.”

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

Linda Coutu is rejoining the precious metals provider as its director of sales.

Sparkle with festive diamond jewelry as we celebrate the beginning of 2026.

The master jeweler, Olympian, former senator, and Korean War veteran founded the brand Nighthorse Jewelry.

In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.

Mohr had just retired in June after more than two decades as Couture’s retailer liaison.

Shekhar Shah of Real Gems Inc. will serve as president of the Indian Diamond & Colorstone Association in 2026.

This year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.

Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.

As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.

Its residency at Yamron Jewelers will run through May 2026.

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

The retailer is expanding into areas with large Indian and South Asian populations.

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.






















