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Diamond Empowerment Fund Announces 2019 ‘Diamonds Do Good’ Honorees

Alrosa to be recognized for community-building efforts.

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(PRESS RELEASE) — The Diamond Empowerment Fund has announced the recipients of its 2019 “Diamonds Do Good” Awards, to be presented at the D.E.F. annual gala on May 30 at the Venetian Hotel, Palazzo Ballroom Las Vegas, NV.

ALROSA will receive the Diamonds Do Good Community Stewardship Award and the Luxury Jewelers Resource Group will receive the Diamonds Do Good Community Building Award.

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ALROSA: Diamonds Do Good Community Stewardship Award

The world’s leading diamond mining company in terms of total carats produced, ALROSA has been a steward of the community since the discovery of a Kimberlite diamond pipe in 1955 brought thousands to the otherwise barren region. Given the name of “Mir,” the Russian word for “peace,” it is now home to 35,000 people. ALROSA makes community responsibility one of its company pillars and go beyond providing necessary infrastructure for workers and their families. Each year it dedicates 3 percent of its revenue for social and economic development across the region and charity projects. This includes supporting education and culture, offering healthcare, rehabilitation, housing, culture and sports activities for the people of Yakutia.

Luxury Jewelers Resource Group (LJRC): Diamonds Do Good Community Building Award

Established in 2005, the LJRC is a consortium of 12 independent family-owned jewelry retailers across 20 states. The principals are well respected within the industry as much for their business acumen as for their community and philanthropic involvement. The group is unique in that it regularly meets to connect on challenges and opportunities that affect their individual businesses as well as the industry at-large. The principals hold themselves to the highest standards and remain committed to maintaining the integrity of their diamonds. A consistent link between each member is a strong belief in building the community around where they do business. From empowering young girls through Girl’s Inc. to supporting women’s shelters, the homeless, cultural arts and education initiatives, the group’s members epitomize the generosity of the industry.

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The banners under this group include Bachendorf’s, Bruce G. Weber, Diamond Cellar, Hamilton Jewelers, Hyde Park Jewelers, Lee Michaels Fine Jewelry, London Jewelers, Lux Bond & Green, Mann’s Jewelers, Reis-Nichols Jewelers, Tapper’s Diamond & Fine Jewelry, and Tivol.

“The recipients of this years’ Diamonds Do Good Awards reflect the ongoing positive impact being fostered by the diamond industry at home and around the world,” said D.E.F. President Anna Martin, also senior vice president of GIA. “Sharing these stories with our customers is not only good for business, it is a responsibility for the entire industry.”

For more information and to purchase tickets/sponsorships for the Diamonds Do Good Awards gala, visit diamondsdogoodawards.org

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When the Kids Have Their Own Careers, Wilkerson Can Help You to Retire

Alex and Gladys Rysman are the third generation to run Romm Jewelers in Brockton, Mass. And after many decades of service to the industry and their community, it was time to close the store and take advantage of some downtime. With three grown children who each had their own careers outside of the industry, they decided to call Wilkerson. Then, the Rysmans did what every jeweler should do: They called other retailers and asked about their own Wilkerson experience. “They all told us what a great experience it was and that’s what made us go with Wilkerson.” says Gladys Rysman. The results? Alex Rysman says he was impressed. “We exceeded whatever I expected to do by a large margin.”

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