The Western star’s 14-karat gold signet ring sold for six times its low estimate following a bidding war at U.K. auction house Elmwood’s.
Appointments: Movado hires for ‘wearable devices’
In a move that shows the increasing importance and relevancy of wearable tech in the industry, Movado Group has hired Jo An Lawson, a former Apple employee, as its general manager of wearable devices.
New York--In a move that shows the increasing importance and relevancy of wearable tech in the industry, Movado Group has hired Jo An Lawson, a former Apple employee, as its general manager of wearable devices.
In this role, Lawson will lead the company’s wearable device initiatives, a route that will allow the company “to extend our brand reach and provide a new avenue for growth,” Movado said. She will report to vice chairman and COO Rick Coté.
She will be responsible for identifying opportunities for Movado in the technology arena as well as developing strategic alliances that will position the company to launch wearable device products consistent with its luxury branding.
Lawson joins Movado with significant brand and marketing experience, including nine years at Apple Inc. Most recently, she served as a marketing strategist at West Studios, acting as interim vice president of marketing for some of the top technology companies.
Daniel’s Jewelers hires new CFO
Daniel’s Jewelers announced that it has appointed Joseph Donaghy as its chief financial officer.
Donaghy comes to Daniel’s after holding positions as executive vice president, chief administrative officer, chief financial officer, and member of the board of directors of Ultra Jewelers both before and immediately after the company was acquired by Signet Jewelers Ltd.
Prior to Ultra, he held a senior operating position at Friedman Jewelers and served as the CFO of Crescent Jewelers.
Coinciding with Donaghy’s appointment, Art Ronci, the company’s senior vice president, was promoted to COO, and will retain responsibility for credit and collections operations, management information systems, customer service and corporate administration.
Headquartered in Culver City, Calif., Daniel’s has 74 locations throughout the state. New York-based private equity firm Palladium Equity Partners LLC recently made a major investment in the chain, with plans to open new Daniel’s Jewelers stores and pursue strategic acquisitions, both inside and outside California.
CEO of Gucci jewelry division steps down
Michele Sofisti has left his position as the CEO of Gucci Watches and Jewelry, citing other personal and professional opportunities that he wanted to pursue.
The company said that Sofisti’s replacement will be named in the near future; Gucci CEO Patrizio di Marco will serve as acting CEO in the meantime.
Sofisti joined Gucci Group Watches as the strategic advisor in 2009. He was promoted to CEO in 2010 and then in 2011 also was named CEO of the Sowind Group,
Sofisti stepped down from his position at Sowind in July to focus on Gucci Watches and Jewelry.
Signet creates CIO role
Signet Jewelers has named Daniel Shull as the company’s first chief information officer, effective Jan. 5. He will relocate to the northeastern Ohio area for the position, which will put him in charge of the information technology systems across all three of Signet’s division.
Shull will report to CEO Mark Light and serve on Signet’s executive committee.
He joins the company after more than seven years at Nike, where he held various IT leadership roles, including global retail CIO, as well as most recently serving as vice president of strategy, architecture and portfolio for the entire company.
He also spent 15 years at Borders Group, rising to the position of CIO and serving as vice president of application development as well as key merchandising leadership roles.
The Latest

The discussion, "Rebuilding the Jewelry Workforce," will take place on Saturday, May 16, in Troy, Michigan.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

A matching pair of 18.38-carat, D-color diamonds from Botswana’s Jwaneng mine sold for $3.3 million, the top lot of the jewelry auction.


Sponsored by A Diamond Is Forever

The next generation of lapidarists are entrepreneurial, engaged online, and see the craft as a means for artistic expression.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

It was the second auction appearance for the fancy vivid blue-green diamond, which sold for $7.8 million at Christie’s Geneva 12 years ago.

Members of the U.S. Marshals Task Force took a 22-year-old man into custody. He was charged with tampering with evidence.

While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.

Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.

Reena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.

The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.
























