The Vault’s Katherine Jetter is accusing the retailer of using info she shared for a potential partnership to move into Nantucket.
5 Points on the Proposed Changes to the FTC Guides
The Federal Trade Commission has issued proposed revisions to its Guides for the Jewelry Industry. Here are a few key things to know about them.
New York--The Federal Trade Commission has issued proposed revisions to the FTC Guides for the jewelry industry, which dictate the terms that can, and cannot, be used to market jewelry.
A few key revisions are outlined below.
Members of the public who want to make comments about the latest changes have until April 4 to do so. The current draft can be found on FTC.gov, and comments can be registered here.
Comments also can be mailed to: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Ave. NW, Suite CC-5610 (Annex O), Washington, D.C. 20580.
In the meantime, Jewelers Vigilance Committee CEO Cecilia Gardner said the JVC and other industry organizations will work on drafting responses to the latest revisions. In addition, the JVC plans to respond directly to a number of requests made by the FTC, including for more metallurgic testing on surface applications and for consumer perception data on surface-coated materials.
1. The use of the term “gold” in connection with alloys
Gardner said current FTC rules do not allow the use of the word gold to refer to any substance that’s less than 10 karats; Tiffany & Co., for example, cannot use the term gold in connection with its alloy Rubedo and instead refers it to simply as a metal.
Under the FTC’s proposed changes, the industry would be permitted to use the term gold to refer to alloys but must disclose the karatage of the gold and list the other metals present in the alloy as well.
“That’s a big change,” Gardner said.
2. The disclosure of rhodium plating
In its revisions, the FTC is proposing another major change to metals terminology--the disclosure of rhodium plating, which currently is not required.
3. A clarification on lead glass-filled rubies
Gardner said the proposed revisions clarify that the term “lead glass-filled ruby” can be used to refer only to material that contains some measure of red corundum. If the material is non-red corundum and colored glass is added to make it appear red (i.e., to make it look like a ruby), then it
In addition, the FTC stressed that the seller must disclose any and all information about the special care the material requires.
4. The incorporation of the term “cultured” in reference to lab-grown diamonds
Gardner said when the industry submitted its latest comments on the guides to the FTC back in 2012, it asked the FTC to prohibit the use of the word cultured in connection with lab-grown diamonds. The industry contended that the term should apply only to organic processes, such as the one used for pearls.
The FTC, however, has now proposed incorporating the word cultured into the guides but only if it is immediately accompanied by the terms lab-grown or lab-created.
5. The use of varietal names
The FTC’s proposed revisions dictate that terms such as yellow emerald and green amethyst are deceptive and misleading.
The gemstones must be described exactly as they are. In the two examples given above, it would be golden or yellow beryl and prasiolite.
The Latest

Agents seized 2,193 pieces, a mix of counterfeit Cartier “Love” and “Juste Un Clou” bracelets, and Van Cleef & Arpels’ “Alhambra” design.

The designer brought her children’s book, “The Big Splash Circus,” to life through a collection of playful fine jewelry characters.

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

The trade association has chosen the recipients of the funding initiative it formed to foster the growth and sustainability of the industry.


The organization has also announced this year’s slate of judges.

Associate Editor Natalie Francisco shares 20 additional pieces that stood out to her at the Couture show.

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

Lori Tucker started at Williams Jewelers when she was 18 years old.

The “Marvel | Citizen Zenshin” watch is crafted in Super Titanium and has subtle nods to all four “Fantastic Four” superheroes on the dial.

The “XO Tacori” collection was designed to blend luxury and accessible pricing.

Pritesh Patel, the lab’s chief operating officer, will take over as president and CEO of GIA.

National Jeweler and Jewelers of America discuss the standout jewelry trends and biggest news to emerge from the shows this year.

Signatories to the “Luanda Accord” committed to allocating 1 percent of annual diamond revenue to the Natural Diamond Council.

The winning designs captured the “Radiance” theme.

Nominations in the categories of Jewelry Design, Media Excellence, and Retail Innovation will be accepted through July 30.

The singer’s ring ticks off many bridal trends, with a thick band, half-bezel setting, and solitaire diamond.

The bracelet references vintage high jewelry and snake symbolism as a playful piece where a python’s head becomes a working belt buckle.

The heist happened in Lebec, California, in 2022 when a Brinks truck was transporting goods from one show in California to another.

The 10-carat fancy purple-pink diamond with potential links to Marie Antoinette headlined the white-glove jewelry auction this week.

The Starboard Cruises SVP discusses who is shopping for jewelry on ships, how much they’re spending, and why brands should get on board.

The historic signet ring exceeded its estimate at Noonans Mayfair’s jewelry auction this week.

To mark the milestone, the brand is introducing new non-bridal fine jewelry designs for the first time in two decades.

The gemstone is the third most valuable ruby to come out of the Montepuez mine, Gemfields said.

Founder and longtime CEO Ben Smithee will stay with the agency, transitioning into the role of founding partner and strategic advisor.

Associate Editor Natalie Francisco shares 20 of her favorite pieces from the jewelry collections that debuted at Couture.

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.