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Delivering the most critical global updates, curated by expert journalists with a commitment to truth and clarity.
Vicenzaoro January 2027: Ushering in the New Jewellery Season with Innovation and Global Reach
U.S. Jewelry Business Closures Slow in Q3, JBT Reports
The Jewelers Board of Trade (JBT) has reported a deceleration in U.S. jewelry business closures during the third quarter, with 116 firms ceasing operations, a decrease from 126 in the previous year. New business openings also saw a decline, while credit rating changes surged, indicating a dynamic yet challenging landscape for the industry.
Sotheby's Geneva to Feature Historic Romanov Sapphire in Royal and Noble Jewels Sale
Sotheby's upcoming Royal & Noble Jewels auction in Geneva will showcase the remarkable 197.80-carat Romanov Sapphire, previously part of the Russian Crown Jewels. This sale, renowned for its exceptional historical pieces, also includes a Cartier black opal and diamond necklace-brooch and tiara from the Duchess of Devonshire, and emerald jewels from Queen Amélie of Portugal. These items highlight significant craftsmanship and royal lineage, offering a unique glimpse into European aristocratic heritage.
NAJ Announces Call for Nominations for 2026 Chair's Award
The UK's National Association of Jewellers (NAJ) has initiated the nomination process for its prestigious 2026 Chair's Award. This accolade acknowledges an individual or organization that has demonstrated exceptional commitment and service to the British jewelry industry. Supported by Presman Mastermelt, the award ceremony is scheduled for November 26th at the Benevolent Society Christmas Ball in Birmingham. Submissions for recommendations are open to all NAJ members until November 8th, 2026.
HRD Antwerp Strengthens Middle East Presence with Expanded Dubai Facility and Educational Programs
HRD Antwerp, a leading diamond and jewelry grading authority, has inaugurated a larger office and laboratory in Dubai's Almas Tower. This expansion boosts their regional grading capacity by 20% and includes a new educational partnership with DMCC and Dubai Design Academy, reinforcing their commitment to the Middle East's growing diamond and jewelry market.
Gesswein Appoints Ann Cahoon as Strategic Account & Educational Program Manager
Gesswein, a leading jewelry industry supplier, has announced the appointment of Ann Cahoon as its new Strategic Account and Educational Program Manager. With over two decades of experience as a bench jeweler and educator, Cahoon will spearhead efforts to enhance retail partnerships and expand educational initiatives. Her role will involve advising retailers on shop optimization, developing training programs, and fostering industry talent.
The Golden Surge: How Rising Gold Prices Reshaped the Jewelry Industry
The 2026 INSTORE Big Survey reveals that a significant surge in gold prices has profoundly impacted independent jewelers. A substantial majority, 94% of respondents, cited gold's price fluctuations as the primary factor affecting their businesses. Interestingly, over half of these jewelers reported increased prosperity due to these price hikes, attributing it to higher average transaction values and a boost in overall revenue, indicating a complex and often beneficial adaptation to market changes within the industry.
Qatar Diamond Exchange Forges Strategic Alliance with London Diamond Bourse
The Qatar Diamond Exchange (QDE) and the London Diamond Bourse (LDB) have formalized a strategic alliance through a Memorandum of Understanding (MoU). This collaboration aims to bolster connections within the global diamond trading community, fostering mutual growth and development in the natural diamond, colored gemstone, and jewelry sectors.
China's Advanced Pearl Cultivation: A New Era for U.S. Markets
Chinese freshwater pearl farming has undergone a technological revolution, moving beyond traditional "tabletop goods" to produce high-quality, vividly colored pearls. Despite these advancements, U.S. buyers are largely unaware of the sophisticated products, still associating Chinese pearls with lower-grade offerings. A GIA study highlights the industry's recovery and innovation following environmental crackdowns, emphasizing modern methods like sensor-monitored ponds and bioengineered mussels. This shift, driven by government support and domestic demand, is reshaping the global pearl market, though American retailers and consumers are yet to fully grasp the transformation.
Diamonds Do Good and Signet Foundation Join Forces for Youth Empowerment in Botswana
Diamonds Do Good (DDG) and the Signet Love Inspires Foundation have teamed up with Stepping Stones International (SSI) to launch 'Finding the Leader Within,' a two-year initiative aimed at empowering young people in Botswana. This partnership leverages storytelling and creative expression, including a masterclass led by actor Denim Richards, to foster leadership skills and amplify youth voices. The program recently premiered three short films created by young Batswana, showcasing their creative potential and addressing critical community issues, demonstrating the significant impact of industry philanthropy on youth development.