10 Most Popular Jewelry News Stories: Week of Nov. 26



A roundup of JCK’s top stories from the past week.

Jewelers Report Mixed Black Friday

Overall, jewelers reported mixed results on Black Friday—but remain optimistic for the upcoming holiday.

Cutting Remarks: The Incredible Shrinking Jewelry Industry

The number of recent acquisitions points to a pretty stark fact: This industry is getting smaller.

Longtime David Yurman Execs Leave Company

Two longtime top David Yurman executives, chief operating officer David Minster and chief financial officer Scott Vogel, have left the company.

Rare 3 Carat Red Diamond Highlights Upcoming Christie’s Auction

An ultra-rare 3.15 ct. red diamond will highlight Christie’s upcoming Magnificent Jewels Auction, which will be held in New York City on Dec. 7.

Time Life Owner Buys Bankrupt Cash4Gold

The company behind Time Life music and DVDs hopes to revive Cash4Gold, the gold-buying site once famed for its ubiquitous commercials.

Gemvara CEO Matt Lauzon Steps Down

Matt Lauzon, the Boston entrepreneur who founded jewelry e-tailer Gemvara while in his 20s, has stepped down as CEO.

Shaquille O’Neal Surprises Shoppers at Zales

On Nov. 26, basketball legend Shaquille O’Neal surprised holiday shoppers at Zales’ flagship Fifth Avenue location in New York City by working behind the counter.

Tiffany Signs Deal With Russian Diamond Miner, Joins Tumblr

Yet another big retailer is now getting more of its diamonds straight from the source.

Gemstone Authority Richard Krementz Jr. Dies

Renowned colored gemstone dealer and jewelry manufacturer Richard Krementz Jr. died of cancer on Nov. 21 at age 86.

Tiffany Sales Rise, Profits Sink

Tiffany & Co.’s sales climbed during its third quarter, but profits for the period fell a steep 30 percent.