An additional 25 percent tariff has been added to the previously announced 25 percent.
Designers, Industry Members Create FIT Jewelry Design Endowment for Black Students
With an initial $50,000 endowment, it’s named for Art Smith, the leading midcentury black jewelry designer.

Spearheaded by jewelry sales and public relations firm For Future Reference and designer Brent Neale, a group of 50 brands have partnered with New York City’s Fashion Institute of Technology on the Art Smith Memorial Scholarship Foundation.
The endowment will create scholarships and mentorship opportunities for black students in the university’s esteemed jewelry design program.
The 50 companies involved so far have contibuted an initial $50,000. The endowment is accepting additional donations and will continue to do so in the future to provide ongoing support to black students.
The fund is named for Arthur “Art” Smith, one of jewelry’s most important midcentury modern designers.
Born to Jamaican parents in Cuba in 1917, Smith moved to Brooklyn, New York in 1920 and was one of only a few black students in his class at Cooper Union, where he studied sculpture.
He went on to work under black jewelry designer Winifred Mason, who served as a mentor, before opening his own downtown shop and studio.
During Smith’s career, he was featured in publications like Vogue and Harper’s Bazaar, and was commissioned to design pieces for the likes of Eleanor Roosevelt.
He gathered in circles of New York’s most important black artists of the time, from various creative pursuits, like author James Baldwin, dancer and choreographer Tally Beatty, singer Lena Horne and painter Charles Sebree.
His work was the feature of several museum and gallery exhibitions, both during his lifetime and after his death in 1982.
Contributions to the endowment may be sent by check or wire. Contact Randi Molofsky for information on how to donate at randi@forfuturereference.com.
The brands and companies that contributed the founding $50,000 endowment are: Alex Sepkus, Andrea Fohrman, Andy Lif, Anita Ko, Anna Sheffield, Brent Neale, Briony Raymond, Buddha Mama, Cathy Waterman, Dana Rebecca Designs, Danielle Gadi PR + CNW Group, EF Collection, Emily P. Wheeler, Eriness, ETC…, For Future Reference, Harwell Godfrey, IHPR, Jacquie Aiche, Jamie Wolf, Jemma Wynne, Jennie Kwon, JewelsByMoksh, June Simmons Jewelry, Lauren K, Lizzie Mandler, M. Spalten Jewelry, Margo Siegel PR, Marissa Collections, Marla Aaron, Marlo Laz, Mateo, Maya Brenner, Melissa Kaye, Michelle Orman, Muse, Nak Armstrong, Nancy Newberg, Pamela Huizenga, Prounis, Retrouvai, Sarah Hendler, Sidney Garber, Sorellina, Spinelli Kilcollin, Stacked x Reservoir, Stephanie Gottlieb, Twist, Walters Faith and Zoe Chicco.
The Latest

The jewelry and accessories retailer said its stores will remain open during the proceedings.

Its Springfield, Massachusetts, store is set to close as owner Andrew Smith heads into retirement.

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

Designer Hiba Husayni looked to the whale’s melon shaped-head, blowhole, and fluke for her new chunky gold offerings.


Omar Roy, 72, was arrested in connection with the murder of jeweler Dionisio Carlos Valladares.

The New Orleans-based brand’s “Beyond Katrina” jewels honor the communities affected by the storm.

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

Lilian Raji explains why joining an affiliate network is essential for brands seeking placements in U.S. consumer publications.

The organization has awarded a total of $42,000 through its scholarship programs this year.

The winner of the inaugural David Yurman Gem Awards Grant will be announced live at the 2026 Gem Awards gala.

Moshe Haimoff, a social media personality and 47th Street retailer, was robbed of $559,000 worth of jewelry by men in construction outfits.

Xavier Dibbrell brings more than a decade of experience to the role.

The addition of Yoakum, who will lead Kay and Peoples, was one of three executive appointments Signet announced Thursday.

The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.

The nearly six-month pause of operations at its Kagem emerald mine earlier this year impacted the miner’s first-half results.

The necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.

The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

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.

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.

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.