The Responsible Jewellery Council has terminated the contract of CEO Ashish Deo, who has been with the organization for only eight months, and is transitioning to an executive director-led model.
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A recent report from the U.S. Department of Homeland Security shows that authorities nabbed $375 million in counterfeit jewelry and watches last year, compared with $342 million in fake wallets and bags.
Ever since I started at National Jeweler and began learning more about the auction world as we covered results from Bonhams, Sotheby’s, Christie’s, and more, I’ve been intrigued by it. By what drives people to buy, why they’ll spend a certain amount, what ends up being really popular and what that means for trends.
Hearts on Fire will debut a global brand advertising campaign late in the year, but hasn’t shared details on what it will include or where it will run.
Every year, I return from Baselworld with a pile of USBs and a long list of stories to be told, both now and in the weeks to come.
The arbitrator in the ongoing gender discrimination suit against Sterling Jewelers called an email the retailer sent to employees about the case a “troubling” document that contains “misleading partial truths and omissions.”
The company, which recently released a line of “smart” pearl jewelry, has appointed Edmonton, Alberta-based JewelMark Canada as the exclusive distributor of its collections.
Slow growth for watches and curtailed retailer spending were offset by an improved sell-through at retail, leading Movado Group to do better than expected in Q4.
A federal appeals court has overturned a ruling that barred A’lor from selling certain pieces of cable jewelry, the latest twist in the brand’s ongoing battle with Charriol.

The size of the menu at The Cheesecake Factory makes Peter Smith’s head hurt. Don’t let your store be the Cheesecake Factory of jewelry stores.
The International Colored Gemstone Association is lowering fees for Junior Members, making it the latest in a line of organizations trying to pique young people’s interest in jewelry.

The manufacturer is applying the coating to its Triton, its line of silver and alternative metal jewelry for men.
Harlan Kent is the former CEO of Yankee Candle and also held positions at C. Wonder and the Campbell Soup Company.
A weak U.S. market brought down Tiffany’s fourth quarter same-store sales, though strong performances in the prior quarters boosted comps for the fiscal year.

National Jeweler has chosen four books from Goodreads’ March list of new releases that could be beneficial to business owners.
Target Corp. is launching an extended return policy for certain store-branded items to increase the focus on its own brands and increase consumer ease, the retailer said.

Smartwatches are a focus at Baselworld 2015, and the biggest announcement so far belongs to TAG Heuer, which is teaming with Intel and Google on a connected device.

IIa Technologies said it has a commercially viable process for creating high-quality, Type IIa diamonds at the new 200,000-square-foot facility.

After a year that saw mostly strong prices for both rough and polished diamonds at tender for the miner, Gem Diamonds’ revenue for the fiscal full year ended Dec. 31 hit $270.9 million.
A jeweler facing felony charges for replacing stones and the struggles with finding qualified help were among the top stories on NationalJeweler.com last week.

Kevin Reilly, who has been with PGI USA for nine years and in the jewelry industry for more than 20, has been promoted to the position, effective immediately.

The average amount couples are spending on their weddings went up in 2014, including what they’re paying for engagement rings, according to a survey from The Knot.
A sale is set for equipment and other assets from defunct jewelry company Lia Sophia’s Ontario distribution center as well its headquarters and facility in Illinois.
With many baby boomer generation jewelers heading into retirement, the MJSA Education Foundation has developed a new initiative to introduce more young people to the field of jewelry making.

Target Corp. is laying off 1,700 employees and letting 1,400 positions go unfilled as it restructures to focus on digital, smaller-format stores and personalization.















