In addition to opening new full-line stores across the country, Saks has announced that it will open single-focus concept stores, including one for jewelry and women’s clothing in Greenwich, Conn.
Search

The world’s largest retailer of diamond jewelry has launched an ambitious initiative that, over time, aims to assure that the millions of diamonds it buys every year come from identified sources.
The Gemological Institute of America’s Jewelry Design & Technology diploma program now is being offered in both Carlsbad, Calif. and New York City.
Diamond production fell by double-digit percentages in both the fourth quarter and full year for De Beers, as the company has scaled back operations due to muted demand worldwide.

This week included word of a new documentary on Tiffany & Co. and the announcement of Ruth Batson’s retirement after nearly 25 years with AGS.

The American Gem Society and AGS Laboratories announced today that CEO Ruth Batson will retire in the summer of 2017, marking the end of a nearly 25-year career with the organization.

A report released by Gartner projects that global sales of wearable electronic devices will top 200 million units and total nearly $30 billion this year.

Columnist Jan Brassem pens another pop quiz, this one testing readers’ knowledge of the times, which he acknowledges are a-changin’.
Precious metals analysts expect the price of platinum to remain below that of gold into, and possibly through, 2016.

Likeable Local’s Beth Henderson explains what jewelers can do to ensure their SEO doesn’t drop as Google changes its search algorithm to favor mobile friendly sites.
The retailer will be the lead sponsor of the Whitney Museum’s biennials, its every-other-year exhibitions of contemporary American artists, through 2021.

The fine jewelry section of its stores is one area J.C. Penney, which just gave its Modern Bride line a makeover, expects to contribute to growth over the next couple years.
Nordstrom officially has opened its first international store, a 140,000-square-foot location in Calgary, Alberta, joining a number of other retailers who have expanded into Canada over the past year.

Jewelers of America has elected Karen Goracke of Borsheims and Cartier North America’s Mercedes Abramo to its board of directors.
The Panama Diamond Exchange has appointed industry veteran Dirk Blommaert, who has held positions in the Antwerp diamond industry and with the Baselworld fair, as its business development director.
Having a Google alert set for the general term “jewelry” can turn up a lot of results. While not always relevant, it’s good to at least sift through the alerts to make sure we’re not missing any important news stories, and it can be a great resource for interesting tidbits you wouldn’t otherwise find. Not too long ago, one of my alerts turned me on to a really interesting story about Dutch designer Daan Roosegaarde and his project to eliminate smog with a new device he’s creating. Roosegaarde and his team of experts at the Studio Roosegaarde, which has locations in the Netherlands and Shanghai, are developing a safe, energy-friendly installation to capture smog and create clean air. The Smog project uses patented ion technology in an “electronic vacuum cleaner” to create large holes of clean air, and they’re aiming to create the largest smog-free park in Beijing, according to Studio Roosegaarde. The project’s timing is aligned with the recent vow by Beijing’s municipal government to lower the concentration of fine particulate matter by 25 percent by 2017. A mock-up is currently being tested in the studio, and the first park is slated to open in early summer of next year. What’s more, Roosegaarde is using the smog captured from the machine and turning it into fine jewelry. “I like the notion that you take something high-end and combine it with the problematic,” Roosegaarde told The New York Times.
The company sells fine jewelry and luxury products solely through messaging apps and is eyeing the North American market.
For your next in-store event, why not pair wine with gems? Here’s how Bonhams did it.
















