The Swiss government announced the deal, which cuts the tax on Swiss imports by more than half, on social media Friday morning.
6 arrested, jewelry recovered in smash-and-grab
A half-dozen individuals who might be linked to a Detroit-based robbery crew were arrested earlier this month after smashing showcases and stealing jewelry from a Jared store near South Bend, Ind.
Mishawaka, Ind.--A half-dozen individuals who might be linked a Detroit-based robbery crew were arrested earlier this month in connection with a smash-and-grab at a jewelry store near South Bend, Ind.
The six suspects, five men and one woman, face federal charges of conspiracy to interfere with commerce by robbery following their arrest on April 15.
According to an affidavit filed as part of the criminal complaint, three of the five men entered a Jared the Galleria of Jewelry store in Mishawaka at 4:05 p.m. while two held open the doors.
One of the suspects allegedly smashed two display cases with a large cross-peen hammer while two other suspects snatched more than $249,000 in jewelry. All five fled in a stolen Dodge Caravan, according to the affidavit.
A witness who had been sitting in his car near the store saw what happened and followed the suspects, calling 911 with descriptive information.
Police then were able to locate the suspects at a nearby Best Western where they had abandoned the van and were trying to flee in two separate vehicles, one of which was driven by the sixth suspect, the female. According to the affidavit, she had been offered $2,000 to act as the getaway driver.
The six were arrested in the hotel parking lot and all the jewelry was recovered.
The criminal complaint gives the names of those arrested as: Brivan Franklin, Charles Hall, Ronald McMullen, Dyron Broaden, Dmil Polley and Marty Lowman. Five of the suspects hail from Detroit and one is from Cincinnati.
According to local CBS affiliate WSBT, sources have indicated that the mid-April heist in Mishawaka might be part of a larger crime ring involving smash-and-grab robberies throughout the Midwest, and the FBI as well as police officers from other jurisdictions are involved in the investigation.
There is currently a large smash-and-grab crew operating out of Detroit--where five of these six suspects originated--that is partly responsible for the 77 percent year-over-year increase in the number of smash-and-grab robberies the jewelry industry saw in 2014.
Earlier this year, 17 individuals who allegedly are a part of the same crew were indicted on robbery charges stemming from smash-and-grabs in six states.
The Latest

A buyer paid $4.4 million for the piece, which Napoleon wore on his hat for special occasions and left behind when he fled Waterloo.

Plus, how tariffs and the rising price of gold are affecting its watch and jewelry brands.

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

Furmanovich designed the box to hold Mellerio’s “Color Queen,” a high jewelry collection consisting of 10 rings.


Jennifer Hopf, who has been with JCK since 2022, will lead the execution of the long-running jewelry trade show.

Adler’s Jewelry is set to close its two stores as 82-year-old owner Coleman E. Adler II retires.

From educational programs, advocacy, and recent MJSA affiliation, Jewelers of America drives progress that elevates businesses of all sizes.

Founder Jim Tuttle shared how a dedication to craftsmanship and meaningful custom jewelry fueled the retailer’s double-digit growth.

The third-generation jeweler is remembered as a passionate creative with a love of art, traveling and sailboat racing.

A buyer paid $25.6 million for the diamond at Christie’s on Tuesday. In 2014, Sotheby’s sold the same stone for $32.6 million.

Mercedes Gleitze famously wore the watch in her 1927 swim across the English Channel, a pivotal credibility moment for the watchmaker.

GIA is offering next-day services for natural, colorless diamonds submitted to its labs in New York and Carlsbad.

Tiffany & Co., David Yurman, and Pandora have launched holiday campaigns depicting their jewelry as symbols of affection and happiness.

The National Retail Federation is bullish on the holidays, forecasting retail sales to exceed $1 trillion this year.

Late collector Eddy Elzas assembled “The Rainbow Collection,” which is offered as a single lot and estimated to fetch up to $3 million.

At the 2025 World Series, the Los Angeles Dodgers’ Yoshinobu Yamamoto sported a custom necklace made by California retailer Happy Jewelers.

The brand’s seventh location combines Foundrae’s symbolic vocabulary with motifs from Florida’s natural surroundings.

The retailer also shared an update on the impact of tariffs on watch customers.

Pink and purple stones were popular in the AGTA’s design competition this year, as were cameos and ocean themes.

All proceeds from the G. St x Jewel Boxing raffle will go to City Harvest, which works to end hunger in New York City.

Courtney Cornell is part of the third generation to lead the Rochester, New York-based jeweler.

De Beers also announced more changes in its upper ranks ahead of parent company Anglo American’s pending sale of the company.

Former Signet CEO Mark Light will remain president of Shinola until a replacement for Ulrich Wohn is found.

Kindred Lubeck of Artifex has three rings she designed with Anup Jogani in Sotheby’s upcoming Gem Drop sale.

The company focused on marketing in the third quarter and introduced two new charm collections, “Pandora Talisman” and “Pandora Minis.”

The jewelry retailer raised its full-year guidance, with CFO Jeff Kuo describing the company as “very well positioned” for the holidays.


















