Due to lower foreign spending and softness in sales to U.S. consumers, same-store sales and total sales decreased in the company’s Americas regions in both the fiscal fourth quarter and the full-year period.
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One New Jersey jeweler is offering couples a way to live and relive the big moment when the words “Will you marry me?” were uttered.

Tissot’s NBA watches, Breitling’s ultra-light 50 mm Avenger and Waltham Watches celebrity style on social media were among the highlights our editor spotted during her first day on the show floor.

Russian diamond mining company Alrosa reported Thursday that revenue was up 8 percent in 2015 to $3.28 billion, due to a favorable market environment and the rouble’s depreciation against the dollar.

New York City hosted the Jewelry Industry Summit, the JA New York Show, MJSA Expo and Lueur while the Baselworld show opened in Switzerland.
Likeable Local’s Beth Henderson shares a handful of hacks jewelers can use to combat, and even prevent, the negative comments left on their social media sites.
The large diamond finds continue, with mining company Petra Diamonds recovering a 23.16-carat pink and Lucara coming up big again with an 813-carat white diamond.
Two companies are paying $7.2 million to buy the Kimberley Mines, a site where diamond production has been taking place since the 1870s.
The huge rough diamond, which was discovered last month at a mine in Botswana, still is in the process of being evaluated.
True North Gems has initiated mining operations at the Aappaluttoq ruby and pink sapphire open-pit mine in southwestern Greenland.
The Alliance for Responsible Mining and the Norwegian Mint teamed up in hopes that a Fairmined medal will bring awareness to issues faced by artisanal and small-scale gold miners across the globe.
De Beers has ceased operations at its Snap Lake mine and will take the next year to determine if mining there is worthwhile given the drop in demand for diamonds.
The layoffs include more than 1,500 jobs at De Beers as the company scales back diamond production for 2016.

Russian diamond miner Alrosa saw diamond sales increase in 2014 but was stung by the sharp depreciation of the ruble.

New technology is on display alongside one very old tradition, watch-making, at Baselworld 2016, which kicked off Thursday in Switzerland.
After an 18-month pilot program, the company officially has launched the International Institute of Diamond Valuation to provide stone reselling opportunities for both the trade and consumers.

The e-tailer announced Wednesday that it would open its third brick-and-mortar location, and first outside of the New York City area, in Fairfax County, Va. by mid-summer.
The complimentary two-day program will cover topics such as internet marketing, identifying synthetic stones and how to capture young, affluent multicultural shoppers.
In an effort to increase consumer awareness and confidence in the industry, the International Gemological Institute North America is rolling out a television commercial in targeted markets across the country through June.

This top earring trend for 2016, which can be gem-heavy or simple with diamonds and metal, offers a great day-to-night look. Here are 12 styles to stock up on right now.
The Ed Levin Jewelry brand has named fashion and luxury jewelry veteran Steve Fredkove as its Midwest key account manager.

During a year that saw the market for both rough and polished diamonds constrained, the mining company’s revenue decreased to $249.5 million while profit was up 12 percent.

When faced with increasing competition from other retailers, expanding the product mix to include estate pieces can help set a jeweler apart. But how does a traditional jeweler do that? Two experts explain.
With increasing competition for shoppers’ attention coming not only from other jewelers but other product categories, jewelry stores need to stay competitive by focusing on offering the best in-store experience to attract and keep customers.

It was her great-grandfather’s “labor of love” that inspired Priyanka Kedia’s Heritage collection, which she’ll be showcasing alongside new pieces as a Rising Star at JCK Las Vegas.