IndependentsJun 25, 2025
Marissa Collections Opens in Nantucket as Legal Fight ContinuesThe Vault’s Katherine Jetter is accusing the retailer of using info she shared for a potential partnership to move into Nantucket.
SourcingMar 03, 2020
Edward Asscher to Retire After 50 Years
Sixth-generation jewelers Lita and Mike Asscher will serve as co-presidents of the Royal Asscher Diamond Company after his departure.
Edward Asscher, center, will retire after 50 years with the Royal Asscher Diamond Company. His daughter Lita Asscher (left) and Mike Asscher (far right) will serve as co-presidents of the family business.
Amsterdam—Edward Asscher will step down as president of the Royal Asscher Diamond Company after fifty years in the family business.
Following his departure, his daughter Lita Asscher and son Mike Asscher will serve as the company’s co-presidents, marking the sixth generation of the Asscher family to run the business.
“Everything he taught us means the world to us. Mike and I will uphold his legacy and pass it on,” said Lita Asscher in a statement announcing her father’s retirement.
“Working alongside my father has been an incredible experience. He has been a mentor, friend, and business partner for over 21 years,” said Mike Asscher.
The new generation has focused on manufacturing fancy diamond cuts and investing in new technology, which led to the company patenting four proprietary diamond cuts.
Edward Asscher joined the business in 1970, apprenticing with his father and uncle, before stepping up as president in 1980.
He worked alongside his brother Joop, who passed away in 2006, for 36 years.
During his time holding the reins, he expanded the company’s international reach and developed strategic partnerships.
The company celebrated its 165th anniversary last June with the launch of a new website and the introduction of a pair of new diamond cuts.
Asscher described his five decades with the company as an “extraordinary journey.”
“Our industry has had its challenges in many aspects, but ethical standards, transparency, innovation, and professionalism have become the norm and will keep the industry as beautiful as the product itself,” he said.
Outside of the family business, Asscher advocated for a more ethical diamond industry and held positions on the boards of charities and industry groups.
Royal Asscher has been a member of the Responsible Jewellery Council since 2017.
He served as president of the World Diamond Council from 2014 to 2016, a role he will take up for another two-year term this June.
He previously was president of the International Diamond Manufacturers Association and the International Diamond Council.
Asscher also branched out in politics, serving as president of the Liberal Party in Amsterdam and as a senator for the Liberal Party in the Dutch parliament from 2007 to 2011.
He was knighted for his social and ethical contributions and named an Officer in the Order of Oranje-Nassau.
Founded in Amsterdam in 1854 by Isaac Joseph Asscher, the company has a storied history, known
as an industry heavyweight and one of the world’s largest diamond polishing companies.
It may be best known for the creation of the original Asscher Cut diamond, the first patented cut diamond, created by Joseph Asscher in 1902.
The company also cut and polished the 997-carat Excelsior diamond and the 3,106-carat Cullinan rough diamond.
The stones are part of Great Britain’s Crown Jewels and Queen Elizabeth’s collection.
It may be best known for the creation of the original Asscher Cut diamond, the first patented cut diamond, created by Joseph Asscher in 1902.
The company also cut and polished the 997-carat Excelsior diamond and the 3,106-carat Cullinan rough diamond.
The stones are part of Great Britain’s Crown Jewels and Queen Elizabeth’s collection.
More on Sourcing
The Latest
CrimeJun 25, 2025
Customs Nabs Another Big Shipment of Fake Cartier, Van Cleef JewelryAgents seized 2,193 pieces, a mix of counterfeit Cartier “Love” and “Juste Un Clou” bracelets, and Van Cleef & Arpels’ “Alhambra” design.
CollectionsJun 25, 2025
Splash into Karina Choudhrie’s Collection of Underwater Circus PerformersThe designer brought her children’s book, “The Big Splash Circus,” to life through a collection of playful fine jewelry characters.
Brought to you by
Investing in the Next Generation of Bench JewelersThe Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.
Events & AwardsJun 25, 2025
JA Announces Impact Initiative Fund RecipientsThe trade association has chosen the recipients of the funding initiative it formed to foster the growth and sustainability of the industry.
Weekly QuizJun 20, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
EditorsJun 24, 2025
The Best New Jewelry from Couture 2025, Part 2Associate Editor Natalie Francisco shares 20 additional pieces that stood out to her at the Couture show.
IndependentsJun 24, 2025
Colorado Bench Jeweler Celebrates 50 Years With Local RetailerLori Tucker started at Williams Jewelers when she was 18 years old.
Brought to you by
Jewelers of America is Headed to Las Vegas for JCK 2025The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.
WatchesJun 24, 2025
Citizen’s New ‘Fantastic Four’ Watch Is Literally Super The “Marvel | Citizen Zenshin” watch is crafted in Super Titanium and has subtle nods to all four “Fantastic Four” superheroes on the dial.
MajorsJun 24, 2025
Tacori, QVC to Launch Exclusive Lab-Grown Diamond Jewelry CollectionThe “XO Tacori” collection was designed to blend luxury and accessible pricing.
GradingJun 23, 2025
GIA Names New President and CEO Pritesh Patel, the lab’s chief operating officer, will take over as president and CEO of GIA.
Recorded WebinarsJun 23, 2025
Watch: Top Trends at Couture, JCK Las Vegas 2025National Jeweler and Jewelers of America discuss the standout jewelry trends and biggest news to emerge from the shows this year.
Events & AwardsJun 23, 2025
Jose Hess Design Awards Celebrate 6 Jewelry DesignersThe winning designs captured the “Radiance” theme.
Events & AwardsJun 23, 2025
Gem Awards Now Accepting Nominations for 2026Nominations in the categories of Jewelry Design, Media Excellence, and Retail Innovation will be accepted through July 30.
TrendsJun 20, 2025
Dua Lipa Stays On-Trend With Chunky Engagement RingThe singer’s ring ticks off many bridal trends, with a thick band, half-bezel setting, and solitaire diamond.
TrendsJun 20, 2025
Piece of the Week: Yvonne Léon’s ‘Python Gold’ BraceletThe bracelet references vintage high jewelry and snake symbolism as a playful piece where a python’s head becomes a working belt buckle.
CrimeJun 18, 2025
7 Men Indicted in $100M Brinks Jewelry HeistThe heist happened in Lebec, California, in 2022 when a Brinks truck was transporting goods from one show in California to another.
AuctionsJun 18, 2025
Historic ‘Marie-Thérèse Pink’ Diamond Fetches $14M at Christie’sThe 10-carat fancy purple-pink diamond with potential links to Marie Antoinette headlined the white-glove jewelry auction this week.
EditorsJun 18, 2025
Q&A: Caryl Capeci Dives Into Cruise Jewelry ShoppingThe Starboard Cruises SVP discusses who is shopping for jewelry on ships, how much they’re spending, and why brands should get on board.
AuctionsJun 18, 2025
16th-Century ‘Gresham Grasshopper’ Ring Sells for $56KThe historic signet ring exceeded its estimate at Noonans Mayfair’s jewelry auction this week.
CollectionsJun 18, 2025
Kirk Kara Celebrates 135 Years With New JewelsTo mark the milestone, the brand is introducing new non-bridal fine jewelry designs for the first time in two decades.
SourcingJun 18, 2025
Gemfields Sells 36-Carat Rough RubyThe gemstone is the third most valuable ruby to come out of the Montepuez mine, Gemfields said.
TechnologyJun 18, 2025
Alex Brown Named President of Smithee GroupFounder and longtime CEO Ben Smithee will stay with the agency, transitioning into the role of founding partner and strategic advisor.
EditorsJun 17, 2025
The Best New Jewelry from Couture 2025, Part 1Associate Editor Natalie Francisco shares 20 of her favorite pieces from the jewelry collections that debuted at Couture.
ColumnistsJun 17, 2025
Peter Smith: Is Your Comp Plan a Hiring Hindrance?If you want to attract good salespeople and generate a stream of “sleeping money” for your jewelry store, then you are going to have to pay.
AuctionsJun 17, 2025
Colored Gemstones, Signed Jewels Shine in Sotheby’s High Jewelry SaleThe top lot was a colorless Graff diamond, followed by a Burmese ruby necklace by Marcus & Co.
MajorsJun 17, 2025
Amanda Gizzi Gets a Promotion at JAGizzi, who has been in the industry since 2001, is now Jewelers of America’s senior vice president of corporate affairs.
