The closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.
These Pearls are Meghan Markle’s Down Under Souvenirs
In collaboration with J Hunter Fiji Pearls, Assael will produce a limited number of “The Sussex Strand” pearl necklaces.

New York—All eyes were on newly royal, and newly pregnant, Meghan Markle during the Duke and Duchess of Sussex’s recent royal tour of Australia, Fiji, New Zealand and Tonga.
The highly publicized tour was the Duchess’ largest royal engagement since getting engaged to the Duke of Sussex, née Prince Harry, last year and the first time she was photographed since the announcement of her pregnancy.
While in Fiji, J Hunter Fiji pearls presented the duchess with a multicolor 18-inch pearl necklace with 18-karat gold clasp, which the company named “The Sussex Strand.”
The 37 high-grade naturally multi-colored (meaning not dyed) cultured pearls range from rare green and blue shades to gold and black. They are a product of the Pinctada Margaritifera-Typica oyster, a sub-species of the black-lipped Tahitian oyster.
“The water is different in the Savusavu Bay, and the oyster shells are more vivid, with a rainbow display of pearls that is intoxicating,” explained Christina Assael, chairman of Assael, which is the sole North American distributor of pearls from J Hunter Fiji’s limited supply.
RELATED CONTENT: This Was the Best Royal Jewelry Moment of the DecadeAssael encountered the gems two years ago in Fiji, where the pearls are produced in small farms in cooperation with local villages around Savusavu Bay, sustaining the local economy.
Assael said it will produce a limited number of “The Sussex Strand” necklaces, similar to the style the Duchess of Sussex received, so even non-royals can appreciate and enjoy the rare specimens.
Editor's note: This story was corrected post-publication to clarify the fact that the pearls are not naturally occurring; they are cultured but the color is natural.
The Latest

The ring, our Piece of the Week, was designed by eight-year breast cancer survivor Rachel Chalchinsky of Color Source Gems.

The website offers enhanced member benefit access, industry directories, educational resources, a job board, and access to the MJSA Journal.

A Diamond Is Forever's holiday campaign reimagines natural diamond icons for a new generation celebrating individuality.

Boucheron and Pomellato had a strong third quarter, with Kering looking at jewelry as an increasingly important part of its portfolio.


Tara Sinchuri was the owner of Everest Jewels in Fairfield, Ohio, and a father of three. He was found dead in his store on Tuesday.

Bespoke experiences from Buccellati and Verdura are on the retailer’s 2026 “Fantasy Gifts” list.

Built on Relationships. Refined by Craft.

The number of participants at the fall show was up 12 percent.

The Academy and Grammy award-winning siblings have collaborated with John Hardy on a new jewelry line inspired by their personal style.

Diana Singer shared the stories of two “cursed” diamonds on this month’s podcast, which was inexplicably riddled with technical issues.

The family-owned jeweler has three locations across Missouri and Iowa.

The De Beers-owned diamond mine in South Africa is being put on ice as part of a round of previously announced cost-cutting measures.

The collection centers designs with clean geometric lines, chunky sculptural pieces, and recognizable details from the luxury fashion brand.

The miner said it saw particularly strong prices for larger, fine-quality rubies at the sale.

The guard opened fire on a man who was smashing a jewelry display case at La Gran Plaza in Fort Worth last week, police said.

The Texas jeweler added 2,000 square feet to its reimagined showroom, complete with a new design studio and an event space.

Jacob & Co.'s diamond masterpiece is the most expensive Fantasy Bra ever worn on the Victoria’s Secret Fashion Show runway.

The “Atelier” collection was inspired by the tools, rituals, and objects in an artist’s studio as a quiet rebuttal to an automated world.

The pending acquisition is an “exciting opportunity” for wedding vendors to grow their business, said The Knot Worldwide’s CEO.

"The Secret Gems" features eight Thai jewelry brands paired with a team of young craftspeople who create jewelry together to win challenges.

The brand’s “Modern Talisman” capsule collection introduces pendants inspired by the mythology, natural world, and spiritual ethos of Bali.

Independent jewelers from New Mexico to New Jersey answer the question: What has kept your store in business for 100 years?

The NRF is expecting holiday sales to increase this year, but consumers and retailers alike are facing Grinch-like headwinds.

Our Piece of the Week gathers the planets, represented by a variety of colored gemstones, in a pair of 14-karat yellow gold earrings.

The New York-based jeweler is moving its Amherst flagship store to a larger location in nearby Snyder.

Chen, who worked at Cartier and Tiffany & Co., will lead retail sales and operations for the luxury jeweler’s 11 U.S. stores.






















