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Despite business closures, jewellery industry shows signs of steadying; JBT

Hundreds more US jewelry businesses ceased trading in Q3, according to the latest update from the Jewelers Board of Trade (JBT), which provides commercial credit information.

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The rate of decline remains steady, with the total number of registered retailers, wholesalers and manufacturers down by 3.1 per cent, as it was in Q2, and largely in line with recent quarters.

Ongoing uncertainty around major trade relationships and supply chain risks continued to impact business sentiment. Still, there were signs of measured progress for the jewelry industry.

In the three months to 30 September the number of jewelry businesses fell by 706 to a total of 22,858. That takes account of new businesses as well as ceased operations.

There were 89 new listings during Q3 2025, compared to 112 in Q3 2024, a drop of a fifth. But there were also 100 closures, down a quarter on 136 in Q3 2024.

Overall there were 93 fewer manufacturers, a reduction of 4.2 per cent to 2,096; 96 fewer wholesalers, a reduction of 2.9 per cent to 3,234; and 517 fewer retailers, a reduction of 3.0 per cent to 16,822, according to JBT’s Vital Statistics and Trend Data, published on 4 December.

Although this year may have seen concerning shifts at times economically, the jewelry industry shows signs of steadying according to JBT.

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All That Glitters: The Jewellery Moments Everyone Talked About at the 2026 Golden Globes

From archival diamonds to playful brooches, Hollywood’s biggest night sparkled with fearless jewellery statements

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The 2026 Golden Globes didn’t just celebrate cinematic brilliance—it redefined red-carpet glamour. Set against a newly designed red carpet at the Beverly Hills Hotel, the evening shimmered beneath four magnificent Swarovski crystal chandeliers, casting a radiant glow on Hollywood’s finest. But the true spectacle lay in the extraordinary jewellery moments that unfolded as stars stepped into the spotlight.

Teyana Taylor delivered one of the night’s most talked-about looks, pairing her Best Supporting Actress win for One Battle After Another with striking 1940s Tiffany & Co. earrings. The archival diamonds perfectly offset the playful audacity of her custom Schiaparelli gown, proving once again that classic jewels and modern fashion can collide spectacularly.

Zoë Kravitz championed the romantic return of the hair pin, wearing a bespoke creation by Jessica McCormack that felt both intimate and effortlessly chic. Meanwhile, Charli xcx leaned fully into Old Hollywood glamour, completing her custom Saint Laurent ensemble with cascading De Beers diamond strands that echoed timeless screen sirens.

Men’s jewellery continued its powerful rise on the Golden Globes carpet. Colman Domingo stood out with an elegant suite of Boucheron diamonds, styled as ivy-like tendrils flowing over his custom black Valentino tuxedo—an artful blend of couture and craftsmanship. Paul Mescal reaffirmed his love for refined accessories with a Cartier tie pin, while Connor Storrie brought playful elegance with Tiffany & Co.’s iconic Bird on a Rock brooch.

One of the most imaginative jewellery moments belonged to Wicked director Jon M. Chu, who wore two beaded figurative brooches depicting his co-stars and fellow nominees Ariana Grande and Cynthia Erivo. Designed by Italy-based embroidery artist Nerd Bead—discovered by Chu on Instagram—the pieces added personality, storytelling and warmth to the red carpet.

Elsewhere, Emily Blunt sparkled in Tiffany & Co., Priyanka Chopra Jonas turned heads in Bulgari, Hailee Steinfeld chose the architectural elegance of Repossi, Claire Danes glowed in Pomellato, Natasha Lyonne dazzled in Chopard, Jennifer Lawrence opted for Swarovski, and Timothée Chalamet continued his refined jewellery streak with Cartier.

At the 2026 Golden Globes, jewellery wasn’t merely an accessory—it was a statement of individuality, creativity and evolving red-carpet expression. From archival diamonds to bold brooches, the night served as a brilliant reminder that fine jewellery remains one of Hollywood’s most powerful storytelling tools

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