Members of the founding family have partnered with Mexican retail company El Puerto de Liverpool to acquire Nordstrom.
Belair Time Co-Founder Dies at 104
Ernest Grunwald started the company with his wife, Ilse, after fleeing Nazi Germany for the U.S. and serving in WWII.
Marlboro, N.J.—Ernest Grunwald, who started Belair Time Corp. in the 1960s after fleeing Nazi Germany and fighting for the United States in World War II, died Aug. 9.
He was 104.
Born March 28, 1914 in Bielefeld, Germany to Albert and Bertha Grünewald, he attended the University of Bonn but had to abandon his studies in 1933 when Adolf Hitler expelled all Jewish students from the school.
He relocated to Italy, studying Italian and, later, medicine at the University of Pisa before fleeing to Switzerland in 1938 and then immigrating to the U.S. in 1941.
In 1943, the U.S. Army Air Force drafted Grunwald and he fought in the Italian and North African campaigns during World War II.
After the war in 1946, he married Ilse Kalberman and joined her family’s small watch business, J. Kalberman Co.
His flair and language skills—he was fluent in German, Italian, French and English—served him well, and the business flourished. J. Kalberman Co. eventually became the distributor for Enicar and Cyma clocks and watches.
In 1962, Ernest and Ilse opened a watch movement assembly plant in the U.S. Virgin Islands called Belair Time Corp.
A little more than a decade later, the Grunwalds’ son Alan joined the family business, which eventually relocated to Lakewood, New Jersey, where it still is today.
Ernest Grunwald is remembered as having a passion for people and an infectious smile that could light up a room. He was loved by his employees, suppliers and customers alike.
He was preceded in death by his wife, Ilse; brother, Fred; and sister, Anneliese.
He is survived by his daughter and son-in-law, Elaine and Eric Moskowitz of Wooster, Ohio; son and daughter-in-law, Alan and Joan Grunwald of Morganville, New Jersey; and seven grandchildren, David, Rachel, Kara and Daniel Moskowitz, and Jason, Adrienne and Nolan Grunwald.
Donations can be made in Grunwald’s memory to the Wounded Warrior Project.
The Latest
The brand has opened its second U.S. location in the Fontainebleau resort and casino.
Associate Editor Lauren McLemore highlights pieces from the AGTA Spectrum & Cutting Edge Awards she’d be thrilled to unwrap on Christmas.
A Diamond is Forever hosted a holiday celebration in honor of their new marketing campaign, ‘Forever Present.’
The move is one of several cost-cutting measures outlined by the company as it faces a weaker luxury market and other challenges.
The retailer’s “On the Clock” campaign celebrates how time, precision, and purpose come together.
Associate Editor Natalie Francisco chose her 12 favorite Piece of the Week picks from the year gone by.
‘Forever Present’ campaign revives the iconic A Diamond is Forever tagline and celebrates the diamond dream.
Lab clients have the option to request this addition on their emerald reports.
Jamie Dunton and Gabriella Botelho are the first graduates of the program, created by the WJA Foundation and Julius Klein Diamonds.
In the spirit of giving, Retrouvaí will donate $4,000 from the sale of this ring to the Los Angeles Regional Food Bank.
Co-owner Dan DeVries shared what it’s like moving into a space triple the size of its old store and how it feels to be a “real jeweler” now.
Along with the latest “Gardens” collection, the brand has released limited-edition designs offering more indulgent pieces.
The man and woman are accused of stealing jewelry from a shipping container then trying to flee by paddling a small boat out into a bay.
The 2,488-carat diamond recovered from a mine in Botswana has been dubbed “Motswedi” while its 1,094-carat sibling is “Seriti.”
The average price per carat hit a record high for the miner, which said it remains unaffected by the conflict in Mozambique.
The nearly 17-carat stone made history for the color-change gem that, according to the auction house, is experiencing a “notable surge” in the market.
The videos highlight how pieces from the “Xpandable” and “Reversible Xpandable” collections put the wearer in the spotlight.
Feldman reflected on 45 years in the jewelry industry and clarified that it’s not a total retirement.
The luxury brand is being honored for excellence in high jewelry design in its “Haute Joaillerie Sport” collection.
Circelli was a pioneer in the world of TV shopping who is remembered for his passion for gemstones and his big personality.
The nearly 6-carat stone headlined the recent jewelry auction, which also featured Mica Ertegun’s jewelry.
The three men, who got their nickname because they’d toss the jewelry they stole into black plastic bins, were arrested back in August.
“The History of Diamond Engagement Rings: A True Romance” is a 128-page small-format book containing more than 165 images.
The diamond cut grade is now available for marquise- and pear-shaped diamonds.
DDG said the honorees’ business practices embody a commitment to positive social impact, industry innovation, and community empowerment.
Estimates on the size and value of the solitaire diamond, which is mounted on a diamond pavé-set yellow gold band, vary.