Why Customs Seized $20.7 Million in Jewelry in Detroit

The package contained $20.7 million in jewelry and was from a Canadian citizen, meant to be delivered to a New York City auction house for appraisal...

WD Settles Litigation With Pure Grown, IIa Technologies

The Carnegie Institute of Washington and M7D Corp.—the Maryland company that does business as WD Lab Grown Diamonds—have ended their nine-month...

Amazon Claims Influencer Promoted Counterfeits

Amazon has sued Kelly Fitzpatrick, a former member of its influencer program, claiming that the owner of the Style and Grace site promoted...

Alex and Ani Founder Rafaelian Owes $5 Million, Court Rules

Alex and Ani founder and former CEO Carolyn Rafaelian has lost a New York State legal battle against Lion Capital, the London-based investment...

Tiffany–LVMH War Ends With No Winner

The war between LVMH and Tiffany & Co. has ended, with both sides agreeing to shave over $400 million off of last year's $16.2 billion purchase...

Tiffany May Agree to Cut Price on LVMH Deal

The "wolf in cashmere" probably has a smile on his fangs. Ever since LVMH announced its plan to back out of last year’s deal to buy Tiffany...

Dominion Asks for Breathing Room to Save Company

Dominion Diamond Mines, which filed for insolvency protection in April, has asked a Canadian bankruptcy court to allow it a little more time to...

Dominion Insolvency Now Puts Second Mine at Risk

The fate of Canadian diamond mine Diavik (pictured) is currently “at risk" due to the continued insolvency of junior partner Dominion Diamond...

WD Lab Grown Signs 2 Patent Sublicensing Agreements

M7D Corp., which does business as WD Lab Grown Diamonds, has announced that it has entered into patent sublicensing agreements with lab-grown diamond...

New Jersey Jeweler Charged With Not Returning Customers’ Pieces

Anthony Goltsch, owner of the Golden Goose jewelry store in Rumson, N.J., has been charged with theft after 14 people alleged he did not return a...