Newswire

Guzzi's, a Stratford, Conn., jewelry store for more than 37 years, is closing its doors, according to local station WTNH. The owner still owns Diamond Designs in Orange, Conn. Jewelers of America has named Robert Headley its first chief operating officer. A former naval officer, Headley comes to JA after 20 years with Tiffany & Co., where he oversaw the brand's quality control standards. Donald Haack, 78, founder and owner of Donald Haack Diamonds & Fine Gems, in Charlotte, N.C., who was sometimes called the "Indiana Jones of the diamond industry," died March 1 after a brief illness, the Charlotte Observer reports. He and his wife of 54 years, Janet, were well respected for their philanthropy. Swiss luxury watchmaker Bedat & Co. was sold by Gucci Group to LuxuryConcepts Watches & Jewelry of Malaysia, which had been its distributor in East Asia. The watchmaker will c
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