The jury awarded the jeweler $8.25 million in punitive damages, though the total amount Costco will pay is ultimately up to the judge.
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The NRF and Deloitte both predict that sales will increase about 4 percent while PricewaterhouseCoopers has an even more bullish outlook.

The former host of “The Tonight Show” will perform at the event’s opening lunch on April 5.

What’s scarier than that Clinton/Trump costume you’re going to don for Halloween? Missing out on any of these (relatively) new releases.

A federal jury in New York issued a $5.5 million partial verdict for unlawful profits but is still deciding on punitive damages.
National Jeweler’s top story last week involved a Michigan jeweler’s theft of millions of dollars of platinum.

The week began with news that the star stone of Sotheby’s New York jewelry sale, a 27-carat diamond, did not sell.

Just a week after Lucapa turned up a 104-carat diamond at its Lulo project, an even bigger stone has emerged.
The Kimberley Process has dubbed the Central African Republic’s Boda, Carnot and Nola sub-prefectures as compliant, which means they can begin exporting rough diamonds again soon.

The Diamond Empowerment Fund has made another donation to the African Leadership Academy, the Johannesburg-based program that helps prepare students for college.

Here are the top five stories published on NationalJeweler.com for the week of Sept. 18 to 24, according to Google Analytics.

From the Emmys to the auction houses, this week had no shortage of spectacular jewels. Relive the week that was, in photos.

HRD Antwerp ended its contract with Peter Macken after a little more than a year, citing “differing strategic views.”

Jury selection is slated to begin this week in the trial phase of Tiffany’s ongoing case against Costco over its sale of rings falsely labeled as having a Tiffany setting.
The incident happened at a mall jewelry store in Brandon and ended with a chase that severely injured a sales associate.

A “difficult” global environment and having to buy back watches from retailers battered sales and profits in the first five months of the company’s fiscal year.

The jeweler has hired Mark Erceg as its executive vice president and chief financial officer, effective Oct. 18.

After failing to find the necessary funding in time to meet its September 2016 expenses, True North Greenland A/S has initiated voluntary bankruptcy proceedings.
The Belgian lab fired the employees, cut off a client and recalled the reports after an investigation indicated that the client had been bribing the employees to give its diamonds better grades.

A worker at a Florida jewelry store did the unthinkable--he ran after a robber and clung to the hood of his car as he sped away.
Four diamond traders accused of bribing a grader in exchange for higher color grades on reports will spend up to two-and-a-half years behind bars.

In its monthly new release feature, National Jeweler outlines five books that could potentially be beneficial for business owners as summer turns into fall.

Here are the top five stories published on NationalJeweler.com for the week of Sept. 4 to 10, according to Google Analytics.

North American Jewelers Inc. is known for bridal and special occasion diamond jewelry and will help Ohio-based Quality expand its engagement ring business.

One-carat polished prices slid again while prices for 3-carat stones and smaller goods remained flat or rose very slightly, according to Rapaport.