Scio has just secured another round of funding, which it said will be used to continue product development and for working capital.
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The retailer said although physical stores are vital to its omnichannel strategy, it must shut down stores that are lagging in sales.
The 2nd Circuit U.S. Court of Appeals struck down an earlier ruling that dismissed the lawsuit, which alleges that Sterling Jewelers paid women less and passed them over for promotions.
Tiffany & Co. has notched a huge legal victory, with a federal judge granting its motion for summary judgement and rejecting arguments that the term “Tiffany” has become generic.

Nearly a year after David Yurman sued the Walmart-owned retailer for allegedly selling its jewelry without authorization, the two parties have reached a settlement.

Here are the top five stories on NationalJeweler.com from Aug. 30 to Sept. 5, according to Google Analytics.

In a column exclusive to National Jeweler, public relations professional Lilian Raji addresses jewelers’ questions about public relations and marketing. This week: How do multi-branded retailers deploy co-op materials without diluting their store’s brand?

Jewelers for Children now is accepting nominations for its Local Grants program, which gives 10 separate $10,000 grants to local charities nominated by jewelers.

The historical 50.13-carat gemstone was once owned by the same family that possessed the Hope Diamond and is expected to sell for more than $300,000 at Bonhams this month.
Though it remains unable to file complete financial statements, Lazare Kaplan International Inc. estimates a 34 percent drop in net sales for fiscal year 2015.
I missed hearing the live broadcast of Signet Jewelers’ second quarter earnings call last week, as I was on vacation visiting my family in Pittsburgh and soaking in some very Western Pennsylvania-esque things: a Pirates game at PNC Park (highly recommended); Fallingwater, the spectacular home Frank Lloyd Wright designed for the Kaufmann family in the Laurel Highlands (highly recommended); and my extended family (less highly recommended.)

The 65th secretary of state, as well as The Happiness Advantage author Shawn Achor, are the first two speakers to be announced for AGS Conclave next year.
In an effort to stay a step ahead of synthetic producers, the GIA plans to begin cultivating its own lab-grown diamonds at its research facility in New Jersey.

Chow Tai Fook and designer Wallace Chan have crafted a necklace that can be worn 27 ways from the Cullinan Heritage, the huge rough diamond the company bought for $35.3 million in 2010.
Associate Editor Brecken Branstrator highlights eight pieces set with this blue gemstone in the corundum family, a gemstone that’s believed to protect from envy and harm.

A book by a jeweler-turned-author James Alperin, of James Alperin Jewelers in Pepper Pike, Ohio, topped National Jeweler’s list of literary leads for the month of September.
The Silver Promotion Service is sponsoring the new category, which will recognize exceptionally designed silver jewelry that incorporates natural gemstones or cultured pearls.
A jury convicted Karl Winchell, the one-time owner of Winchell Jewelry Designs in La Jolla, Calif., on 10 felony counts of embezzlement and grand theft, the San Diego District Attorney’s Office said.

Data for 2014 published recently by the Kimberley Process shows that the Russian Federation topped Botswana in diamond production last year, in both volume and value terms.

The retailer has a new, exclusive partnership with Nineteenth Amendment on Macys.com, putting the tech firm’s designers and their made-to-order items in front of Macy’s millennial shoppers.
The Romano’s Jewelers stores in Culver City, Northridge and Downey, Calif. have closed, with a single liquidation sale slated to begin in mid-October.

Should jewelers ditch big-name labels and start promoting their store’s heritage as the “real brand?” Columnist Peter Smith dives into the great debate.
The company’s subsidiary, Laurelton Diamonds, has shuttered Laurelton Reign Diamonds and laid off the plant’s 157 workers.
While U.S. fine jewelry and watch sales, as well as sales from multi-line retailers, were down, specialty jewelers bucked the trend.

Here are the top five stories on NationalJeweler.com from Aug. 23 to 29, according to Google Analytics.