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Jewelry Industry Cancellations, Closings, Reschedulings, Reopenings

Jewelry Industry Cancellations, Closings, Reschedulings, Reopenings

Updated March 24, 1 p.m. EDT

The spread of the coronavirus (COVID-19) has caused the cancellation, rescheduling, and temporary closures of many stores and industry events—including the JCK Las Vegas and Luxury shows, which have been postponed.

As we receive word of these—and the events announce new dates and the stores eventually reopen—JCK will add them to this running list, which we plan to update daily. And since a lot of organizations are now holding webinars, we will list them, too.

Send any info you would like to see included here.

– The Gemological Institute of America has temporarily closed its diamond grading labs, education, and research centers in New York City; Carlsbad, Calif.; Antwerp, Belgium; and Mumbai and Surat, India. Other labs remain open. It has also temporarily closed its schools in London, Bangkok, Hong Kong, and Surat, India. It is taking enrollments for distance education.

– Stuller is temporarily suspending its on-site operations, after Louisiana Governor John Bel Edwards ordered all nonessential businesses to close.

–  Florida has allowed pawn shops and jewelry stores reopen, calling them “essential businesses,” according to McClatchy.

– Connecticut-based Michaels Jewelers has closed most of its locations, however its off-mall buying locations in Orange, Danbury, and Canton remain open, according to Hartford Business.

– The diamond-cutting center of Surat, India, will shut down through March 31, according to a joint statement from the Gem and Jewellery Export Promotion Council and Surat Diamond Association.

– The London Diamond Bourse is temporarily closing, Rapaport News reported.

– The Hong Kong Trade Development Council has suspended preparation of the Hong Kong International Diamond, Gem & Pearl Show 2020 and the Hong Kong International Jewellery Show, which were scheduled to run concurrently May 18–21. The move stemmed from a new regulation imposed by the local government, which would quarantine all travelers from outside China upon arrival in Hong Kong for 14 days. The regulation, scheduled to run through June 18, means that overseas attendees would have “great difficulty” attending, it said. The HKTDC is exploring alternative arrangements.

– RapNet is holding a webinar, “Protect Yourself From Fraud and Risks When Trading Online,” on March 25 at 2 p.m. EDT. Participants will be Saville Stern, RapNet’s chief operating officer; Sara Yood, senior counsel of the Jewelers Vigilance Committee; and Kathleen Morgan, manager for the credit reporting department of the Jewelers Board of Trade. You can register here.

– The Women’s Jewellery Network plans to hold a digital conference this summer. The WJN x Digital Conference will host industry experts for a series of virtual talks, panel discussions, debates, and workshops. No dates have been announced, but anyone interested in participating can email contact@womensjewellerynetwork.com.

– Signet Jewelers is temporarily closing all its stores in the United States and Canada beginning March 23, including its Kay, Jared, Zales, and Piercing Pagoda stores. “Store team members will receive pay and benefits through April 4, in a combination of base pay and available paid-time-off provisions, at which time we will further assess the situation,” said a statement from chief executive officer Gina Drosos.

 – Swarovksi has temporarily closed all of its North American stores.

– Reeds Jewelers has temporarily closed all of its stores. It is paying its employees during this time and has set up an emergency fund for families that need additional support.

– Harry Winston is temporarily closing all of its salons in the United States.

– Lee Michaels Fine Jewelers has temporarily closed all of its stores.

– Dominion Diamond Corp. has temporarily suspended all work at the Ekati Diamond Mine in the Northwest Territories of Canada.

– Jewelers International Showcase (JIS) has canceled its April show, planned for April 28–30 at the Miami Beach Convention Center. That show will be merged with JIS October, which be held Oct. 13–16 at the same venue.

– The Jewelry Independent Summit, which typically includes live and streaming options, will go on as planned on May 8, but it will now be digital only. Its topic is “The Science of Being Social,” and speakers will include Paul Schneider of Twist and designers Jade Trau, Brent Neale, and Stephanie Gottlieb. More information can be seen here.

– The American Watchmakers-Clockmakers Institute has rescheduled its American Timepiece Fair and Time-Con. It will now take place Oct. 8–10 at the Summit Hotel in Cincinnati. More information is here. It was originally scheduled for March 26–28.

– InStore is running three webinars on “managing through the crisis.”

“How to Address Your Financials and Marketing,” with panelists Sherry Smith of Edge Retail Academy and Andrea Hill of Hill Management Group, will take place March 24 at 1 p.m. EDT. Register here.

“The Digital Marketing Response,” with Shane O’Neill of Fruchtman Marketing, will take place March 26 at 11 a.m. EDT. Register here.

“What to Do With Your Inventory and Shop” with author David Geller, will be held March 31 at 11 a.m. EDT. Register here.

All are hosted by InStore editor-in-chief Trace Shelton. More information can be seen here.

– Avi Krawitz, senior analyst at Rapaport Group, is hosting the webinar “Diamond Market Trends: Understanding the Corona-Crisis,” on April 1, at 10 a.m. EDT. Register here.

– Jewelers of America is hosting four webinars over the next week, including two on March 24. Get more information here.

– The American Gem Society is offering its Certified Sales Associate Program free to all members. To access the course, members should log into the AGS site with their personal log-in, go to ags.org/thecertifiedsalesassociate, and enter promo code GSAFREE0320.

– Phillips’ Hong Kong Watch Auction X will take place as scheduled on June 2, due to the improved situation in Hong Kong, according to WatchPro.

– GCAL, the grading lab that had been continuing to operate, will temporary close its grading operations on March 23, in compliance with New York Governor Andrew Cuomo’s prohibition on the operation of nonessential businesses, along with its Gemprint division. Other GCAL functions, including sales training, will continue.

Simon Property Group has closed all of its 200 malls until March 29.

Tourneau will temporarily shut down its 27 stores in the United States, according to WatchPro.

Harry Ritchie’s has temporarily closed all eight stores “for the foreseeable future.”

London Jewelers is closing all six stores through March 31.

De Beers Diamond Jewelers is closing its U.S. stores “until further notice.” Its stores in China remain open.

Saks Fifth Avenue has closed all of its U.S. stores for two weeks, starting March 18. Associates will be paid for their scheduled hours during the closure.

Kohl’s has closed all of its U.S. stores for two weeks, starting March 19. Associates will receive their standard pay.

Fossil is closing all of its stores in North America through March 28. All employees will be paid for that time.

The Diamond Dealers Club of New York has temporarily closed, Rapaport News reports.

The African Diamond Conference, which was scheduled for May 5 in Durban, South Africa, will be postponed to October, according to The Diamond Loupe.

The Jewelry Exchange is keeping some stores open, but they are operating on limited hours.

– The HRD grading laboratories located in Antwerp, Belgium; Istanbul; and Mumbai, India, will continue to function—though will be 50% operational in accordance with World Health Organizations guidelines. All educational classes have been temporarily suspended.

The Accessories Council is hold two webinars.

The first, a report on fashion week, hosted by editor Lauren Parker, will take place March 25 at 8 a.m. The webinar is $35 for nonmembers. Tickets can be purchased here.

The second, Navigating the New Retail Reality, will take place March 31 at 8 a.m. The speakers are Theo Rose, principal of Art Ltd., and Gordon Darling, vice president, product development for ITK Solutions Group. This event is free to both members and nonmembers. To RSVP, email complimentaryrsvp@accessoriescouncil.org.

Helzberg Diamonds has closed all of its stores through April 1. It will continue to pay its associates during this period.

Ben Bridge Jeweler is closing all of its stores and Pandora franchises until March 31.

Tiffany & Co. is temporarily closing all of its stores in the United States and Canada.

James Avery Artisan Jewelry is closing all of its stores through March 27. All store associates will be paid for days they were scheduled to work.

Pandora is closing all of its owned-and-operated U.S. stores for the next two weeks and is encouraging its franchisees to do the same. Its stores in Italy, Spain, Germany, and France have also been closed. It has reopened the majority of its physical stores in China, with “traffic slowly improving.” Its manufacturing facilities in Thailand and its regional distribution centers are running unimpeded.

Alex and Ani is temporarily closing all of its retail stores.

Birks Group has closed all of its Maison Birks stores across Canada, until April 1.

David Yurman has closed its stores until March 31. Store associates will continue to receive salary and benefits.

Shinola Detroit has closed its retail stores until March 28.

Continental Buying Group and Preferred Jewelers International have changed the date of the annual CBG summer show. It will now take place Sept. 8–10 at Caesars Palace in Las Vegas. It was originally scheduled for May 30–June 1.

The American Gem Society (AGS) has closed AGS Laboratories for 30 days, beginning March 18, due to Nevada’s prohibition on nonessential businesses. The AGS will maintain a virtual office, with employees working from their homes.

– The Association for the Study of Jewelry & Related Arts has rescheduled its Jewelry in America conference to Sept. 12 at the 92 Street Y in New York City. It was originally scheduled for April 3–4.

– GCAL, the New York City–based grading lab, says it’s currently open, and intends to remain open “as long as we’re permitted.” Its office hours are Monday–Friday, 9 a.m.–6 p.m.

Kay Jewelers has suspended its cleaning services.

– Department store Boscov’s has closed all of its 49 stores and offices until the end of March.

Neiman Marcus has temporarily closed all of its stores, including subsidiaries Lost Call and Bergdorf Goodman. The closure started March 17 and will continue through at least March 31.

– The JCK Las Vegas and Luxury shows, scheduled for May 31–June 5 at the Sands Convention Center and Venetian Hotel, have been postponed until later this year. See story here.

Rolex and Patek Philippe are both halting production at their Swiss factories, according to the South China Morning Post.

–   The MJSA Expo, originally scheduled for mid-March, has been rescheduled for Oct. 25–26, at the Javits Center in New York City.

– The Diamond Club West Coast’s annual Diamond Gala, scheduled for April 26 at the Millennium Biltmore Hotel in Los Angeles, will be postponed. No new dates have been announced.

– The American Gem Society Conclave, set for April 26–28 in Denver, has been canceled.

– The 2020 CDFA Fashion Awards, scheduled for June 8 at the New York Public Library, has been postponed to a later date, according to WWD. No new dates have been announced.

– The Los Angeles Jewelry Industry Summit, set for March 27 in Los Angeles, has been postponed until the fall.

The organization still plans to hold webinars on gold sourcing (April 24, 12 p.m.); Third Party Certification vs. Self-Assessment: The Value and Benefits (July 31, 12 p.m.); and Responsible Practices and Business Choices (Sept. 25, 12 p.m.). All times are EDT.

More information on the webinars can be seen here.

Martin Rapaport is holding a webinar on “Diamond Market Challenges: Coronavirus, Now What”? on March 19 at 12 p.m. EDT. Register here.

– Macy’s has closed all of its stores nationwide through March 31, including its subsidiary Bloomingdale’s. It will continue to offer employees pay and benefits.

J.C. Penney will close all of its stores and business offices, starting March 18 at 7 p.m. Stores and offices are scheduled to reopen on April 2.

Nordstrom has announced that it is closing all its stores in the United States and Canada for two weeks, effective March 17. Employees and associates will continue to receive pay for the period.

Saks Fifth Avenue has closed its Manhattan flagship and Bala Cynwyd, Pa., store on March 16 for two weeks, per WWD. All employees will continue to be paid.

Brilliant Earth has closed its brick-and-mortar showrooms through March 27. Employees will continue to receive pay and benefits during that time.

Kendra Scott has closed its stores through March 29, according to the company’s Twitter account.

– Omaha, Neb., store Borsheims is closing its sales floor from March 19 to April 2. The store is still offering free local delivery in its local area as well as curbside pickup weekdays from 10 a.m. to 6 p.m., and Saturdays from 10 a.m. to 5:30 p.m.

– Jewelry brand Mejuri has closed its brick-and-mortar locations for an unspecified period, according to Adweek.

– The Kimberley Process Intercessional meeting, scheduled for June 8–12 in Moscow, will take place as a virtual conference this year, according to Rapaport news.

– The 2020 Met Gala, scheduled for May 4, has been postponed, according to CNN.

(Photo: Getty Images)

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