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Consumers prioritizing spending to show love for family and friends despite economic challenges will push retail sales during the all-important holiday season to an anticipated $1.013 trillion, growing 4.2% over 2025, the National Retail Federation (NRF) predicts. The NRF was mostly optimistic yet a wee bit cautious in its annual holiday forecast, which it shared…
Phillips is preparing what it calls the highest-value watch auction ever assembled in the United States, with a rare pink gold Patek Philippe expected to fetch more than $3 million leading the sale. The New York Watch Auction: XV will take place Dec. 5–6 at Phillips’ New York gallery. The top lot is a second-series…
When LVMH reported third-quarter revenue, its jewelry and handbags went in opposite directions—and those numbers may suggest a sea change in the luxury market. Revenue from its Watches & Jewelry division grew by 6% on an organic basis in the last three months, as compared with the same period last year, reaching €2.5 billion ($2.8…
Stephanie Gottlieb debuted two new partnerships in October, adding her style to Movado watches and expanding her reach through a wholesale partnership on a lab-grown diamond collection with Sofer Jewelry. The Stephanie Gottlieb x Sofer Jewelry collection debuted Oct. 12 with 85 styles that feature large-scale lab-grown diamonds in a variety of settings. This is…
Lugano Diamonds, the high-end jeweler that filed for Chapter 11 last year following allegations against its former CEO, has been purchased by investment firm Middle West Partners, with support from several of the high-end jeweler’s clients. Financial terms were not disclosed. Middle West Partners is best known in the industry for its 2025 purchase of…
For decades, GIA’s research has said blue fluorescence rarely hurts a diamond’s appearance—implying that, in fact, it may be optically more pleasing. Soon, the lab may say so on the grading report itself. The Gemological Institute of America (GIA) is preparing to add direct comments about fluorescence to its diamond grading reports, further addressing a…
All over the world, mollusks are unwitting employees of the international gem industry. None of...
Some jewelry collections begin with months of sketching. Other times, it starts with a gem dealer you can’t stop thinking about. For the new Dew Drops collection from Onirikka, it’s the latter. While visiting the Tucson gem shows this past February, designer Gloria Batlle came across a company whose hand-carved teardrop stones immediately caught her…
For fashion buyers in Paris during market week in early October, the NouvelleBox showroom on...
Jewelry brands including Marco Bicego, Yearly Co., Gorjana, and Kendra Scott are honoring Breast Cancer Awareness Month this October with new jewelry and fundraising efforts to support the people and organizations affected by breast cancer. Traditionally, Breast Cancer Awareness Month includes the use of the pink ribbon as its symbol, and its organizers seek to…
Consumers are increasingly favoring classic engagement ring styles and taking a more deliberate approach to shopping, according to a new survey from Jewelers Mutual. The insurer’s survey of 2,000 recently engaged or married adults, released Oct. 13, found that design and uniqueness remain the top considerations when selecting a ring, ranking well ahead of price,…
Luxury powerhouse Richemont and U.S. jewelry retail giant Signet Jewelers are in talks to join the consortium seeking to acquire De Beers from Anglo American, according to reports from Bloomberg and Reuters. The negotiations are advanced, Bloomberg reported, though there is no guarantee either company will ultimately participate. The two companies are discussing joining the…
Plumb Club Adds New Members The Plumb Club has added Fenix Diamonds, Kim International, and Jewelry Innovations to its membership, bringing the supplier organization’s representation to more than 100 jewelry, watch, and service brands. Fenix Diamonds is a vertically integrated producer of lab-grown diamonds and jewelry, with operations spanning diamond growing through finished products. With…
Snapchat may not be the first app that comes to mind when a jeweler sits down to plan their holiday social media approach. But its just-released 2026 holiday marketing guide is still worth a look—even for retailers with no intention of posting a single Snap. Facebook and Instagram still dominate among small business advertisers: In…
Purple is one of the most exciting color trends to come off the fall runways, and it’s showing up in jewelry in its full array of hues. Brands including Tory Burch, Celine, and Loewe put purple front and center on their models. Vogue and InStyle say it’s the “it” girl color. Kate Middleton recently swept…
