Top Stories: Signet Thinks 2024 Will Be a Down Year for Jewelry

From: JCK News Daily - Saturday Mar 23,2024 01:00 pm
View in your browser March 23, 2024
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Signet Thinks 2024 Will Be a Down Year for Jewelry
Sales will fall by a “mid single-digits" percentage, said CEO Gina Drosos, though an uptick in engagements could help bridal business.
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Photo courtesy of Signet
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Jewelry Factory Supervisor Stole and Sold Metals, Says DOJ
Benjamin Preacher was charged with money laundering after allegedly selling over $1 million worth of pilfered scrap.
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Greenwashing Class Actions on the Rise
Jewelers Vigilance Committee president Tiffany Stevens warned jewelry companies to take precautions against getting sued over environmental claims.
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G7’s Russian Diamond Plan Is Losing Support—Even in G7
Diamond-producing African nations have appealed to the U.S. and other G7 members about the EU’s plan for a single “rough node” in Antwerp.
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Unsaid Gives New Meaning to Term “Fantasy Cuts”
The Paris-based lab-grown diamond jewelry brand designs special cuts that prioritize creativity over yield.
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