The indictment of 17 individuals involved in smash-and-grab robberies and the increase in the number of jewelry companies consolidating or closing were the top stories last week.
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Boosted by increased traffic, five major retailers--Kohl’s, Target, Walmart, TJX Companies and Costco--all reported same-store sales increases in the last months of 2014, even as full-year financials were mixed.
As you might have read earlier this week, Brazilian jewelry brand H. Stern has opened a pop-up shop in New York’s SoHo neighborhood while its flagship location on Fifth Avenue undergoes renovations. I stopped by the space Wednesday afternoon to check it out and talk with the brand’s executive vice president, Ronaldo Stern.
The JBT’s data shows a 32 percent increase in the number of companies that exited the industry in 2014. Dione Kenyon shares several plausible explanations for the spike.

Sotheby’s has named David Bennett to the newly created role of worldwide chairman of Sotheby’s International Jewelry Division.
The owner of Custom Jewelers Gallery in Greensboro is facing felony charges after he allegedly replaced real diamonds and gemstones with simulants in the ring of one elderly customer who also was a former employee of the store.
The online marketplace filed a registration statement with the SEC Wednesday relating to a proposed initial public offering of its common stock on NASDAQ under the ticker symbol “ETSY.”
The Swatch Group said it will appeal the Dutch court decision that voided the $449 million in damages Tiffany & Co. paid over the companies’ failed partnership.
I’m guilty of being one of those people who can easily get lost in cat/dog/really any animal videos on the Internet, or distracted by a pet’s Instagram or Facebook page for … well, we’ll just say a long time. (You guys know Facebook-famous Boo, right? He’s so cute that he looks more like a stuffed animal than a real animal. And he’s also my favorite.) You add a cute little pet to a jewelry Instagram account that already features beautiful pieces, and I can’t imagine a more perfect recipe for success.
Jewelers of America currently is accepting applications for its member scholarships, designed to provide education opportunities to employees at JA member stores who are at least 18 years old.

Leading research scientists from these two organizations will discuss the latest research on synthetic diamonds as well as the challenges brought on by potential non-disclosure.
Polished diamond prices continued to slip in February though the market did see a bit of a lift for 1-carat stones, Rapaport’s RapNet Diamond Index shows.

Pat Henneberry draws on what she has learned as a competitive open-water swimmer to help retailers make sure their team members are in the best sales shape of their lives.

In a fourth quarter that was overall very lackluster for department stores, these two retailers listed jewelry as among their top sellers for the holiday season.
Four industry organizations are launching a gem and jewelry conference that will take place at a “new and exotic” location in the Mediterranean region each year, starting with Athens, Greece this June.
The death of well-known Florida jeweler Mark Levinson and the closing of a store that helped many designers launch their careers were the top stories on National Jeweler last week.
The audience for magazine media, both in print and online, grew 10 percent year-over-year in the six-month period spanning August to January.

Brazilian jewelry brand H. Stern has opened a temporary boutique in New York’s SoHo neighborhood as its Fifth Avenue flagship store remains closed for renovations.
Members of a Detroit-based robbery crew are charged with smashing display cases to steal Rolex watches from jewelry stores in six different states.
It has long been on my to-do list to chat with designer Michelle Pajak-Reynolds, who not only has a fabulous first name but also creates beautiful, unique pieces.

Chris Cullen has been promoted to CEO of Lagos while founder Steven Lagos, who has run the company since 1977, will focus on being chairman and creative director.

The Diamond Empowerment Fund again will hold its Diamonds in the Sky Gala during Las Vegas market week, this time honoring Prime Minister Narendra Modi of India.

Consumer trends, the bridal industry and leadership are among the topics that will be covered at the organization’s annual conference next month.

Levinson Jewelers founder Mark Levinson was found dead in an apparent suicide on Tuesday, authorities said. He was 60 years old.
Despite production dropping 2 percent, the mining company saw a substantial increase in revenue in the first half of fiscal year 2015.