A roundup of JCK‘s top stories from the past week.
A Las Vegas jeweler pleaded guilty in federal court on July 29 to receiving and selling stolen goods totaling $196,500.
Hudson’s Bay Co., the owner of Lord & Taylor, has bought Saks Fifth Avenue for $16 per share in a transaction valued at $2.9 billion.
In the second major jewel heist to hit the city on French Riviera this year, a lone gunman stole more than $100 million in Leviev gems from a hotel exhibit.
With a reported haul of $136 million, this week’s robbery at a French luxury hotel may set a record as one of the largest jewelry heists in history.
Just days after a headline-making, likely record-setting jewel heist at a Cannes hotel, armed robbers struck at a nearby luxury watch store in the French city.
Ex–Tiffany & Co. vice president Ingrid Lederhaas-Okun, has pleaded guilty to one count of interstate transportation of stolen property in the theft of more $2 million in jewels from the famed retailer.
Turkish entrepreneur Mehmet Gulay’s plan to devote the first three floors of the New York City’s International Gem Tower to an upscale “jewelry shopping mall” has sparked interest.
In an appearance at a July 29 JA show panel, U.S. Assistant Secretary of State Jose W. Fernandez urged the industry to do more to track the origin of diamonds.
One of the biggest independently owned jewelry chains in the country, Ben Bridge Jeweler, is stocking a jewelry collection whose very reason for being is to celebrate same-sex marriages.
JCK Events’ third annual LUXURY Privé event, held at the Pierre Hotel in New York City, came to a close on July 31, with show organizers hailing the mood as “vibrant.”