Last updateTue, 19 Mar 2019 7pm

On The Move

Russell Korman Jewelry gains new owners

Longtime industry family will carry on tradition, expand fine jewelry and timepiece collections

(AUSTIN, Tex.) - For 45 years, Russell “Rusty” Korman built a reputation as an Austin, TX leading independent jeweler on the bedrock values of honesty, integrity and generously contributing to the community. These values will live on at Russell Korman Fine Jewelry - but without the company’s eponymous founder following the recent sale of the business to jewelers Larry and Kat Stokes. 

Richmond, VA jewelers join to raise over $11,000 for Children’s Hospital Foundation

(RICHMOND, VA) - Richmond, VA Jewelers are pleased to announce that their 2018 Jewels for Children raffle raised $11,275 for the Children’s Hospital Foundation of Richmond at the 55th Annual Children’s Hospital Foundation Ball. The annual raffle, organized by Cheryl Fornash of Cheryl Fornash Jewelers, has raised over $114,000 in support of Richmond-area non-profit organizations since 2009.

Renaissance Jewellery acquires Jewelmark & Simply Diamonds

Renaissance e(NEW YORK) - In a sign of the growing importance of brands in the global jewelry market, India’s publicly-listed Renaissance Jewellery Ltd. (RJL) has acquired privately-held Jay Gems Inc. of New York, the parent company of Jewelmark, Simply Diamonds and Enchanted Disney Fine Jewelry. The purchase is valued at $26 million.