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Jennifer Lopez Shows Off Engagement Ring Worth $1M+

It features a 15-carat diamond.

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Jennifer Lopez is wearing a ring valued at over $1 million after she and former professional baseball player Alex Rodriguez announced their engagement over the weekend, Page Six reports.

Representatives from JamesAllen.com said the ring has a 15-carat emerald-cut stone and is likely worth more than $1 million.

“In the case of a stone this large and this high in quality, a simple setting is exactly what’s needed to allow the diamond to shine,” JamesAllen.com told Page Six.

Hollywood Life reports that the ring’s value may be much higher. 

Alicia Davis, vice president of merchandise for Shane Co., told the publication it could be worth $5 million.

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“This diamond is featured on a classic solitaire band which perfectly showcases this timeless, elongated cut,” Davis said.

Rodriguez proposed to Lopez during a Bahamas vacation.

Read more at the Page Six

Over the years, INSTORE has won 76 international journalism awards for its publication and website. Contact INSTORE's editors at editor@instoremag.com.

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Jeweler Pummels Would-Be Robber with Martial Arts — Watch the Video

The 74-year-old store owner used Israeli Krav Maga.

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A 74-year-old jeweler in Hollywood, FL, used Krav Maga, an Israeli martial arts style, to fight off a would-be robber.

Daniel Stetton, owner of DHS Oakwood Jewelers, said the man had bought a gold chain months ago, the Sun-Sentinel reports. Stetton offered to fix it, but the man wanted a replacement.

Stetton refused, and the man went behind the counter to grab a new chain himself.

Stetton confronted him, employing some of the Krav Maga he learned while serving in the Israeli Army decades ago.

The incident was captured on surveillance video.

He said he had no choice but to protect his business.

“I didn’t expect I would have to use it one day,” the Sun-Sentinel quoted him saying. “But, what are you going to do?”

Stetton’s wife joined the fray, swinging a yardstick at the culprit.

The man, looking dazed, grabbed his broken chain and left the store.

Police are looking for the suspect.

Read more at the Sun-Sentinel

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Jeff Unger, President of Alisa Unger Designs and Long-Time INSTORE Contributor, Dies at Age 57

He fought cancer for 10 years and inspired many with his resilience and positive attitude.

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Jeff Unger

Jeff Unger, president and co-owner of B & N Jewelry (d.b.a. Alisa Unger Designs) with his wife Alisa, passed away due to complications caused by renal carcinoma cancer on February 7, 2019 at the age of 57.

Jeff was an avid golfer, and when he was diagnosed with cancer, he became the coach for a local high school golf team at Weber High. He spent the last 10 years of his life teaching the game he loved to kids and adults with disabilities via the Adaptive Golf program and the MDE School. He loved his wife, Alisa, dearly and was married just shy of 33 years. Together they had two children, Brandi and Jason. As a family, they loved to travel, try new restaurants, spend time together, and most importantly, laughed together.

Jeff served as treasurer for the Southern Jewelry Travelers Association (SJTA), which produces the Atlanta Jewelry Show. He was also one of the founders of the Prime Jewelry Group.

Throughout his life, Jeff gave back to his community and to causes close to his heart. After losing a sister and sister-in-law to breast cancer, Jeff and Alisa started the foundation, Me & My Two Friends, which still runs today, donating money to breast cancer research.

Jeff fought cancer for 10 years, but not without a smile on his face. His outstanding resilience and unquenchable thirst for life were deeply inspirational to all that knew him.

Here at INSTORE, we knew Jeff as a shrewd person of business and in life, and as a friendly face we could always count on seeing at industry trade shows. Jeff contributed many columns over the years to INSTORE, writing from a supplier’s perspective and calling on both retailers and suppliers to improve communication and their working relationships. He authored a monthly e-newsletter called “The Mind Massage,” in which he would write on various business-related topics, often relating his advice back to the game of golf and almost always encouraging his readers to smile more and to connect with their fellow humans. We will miss him.

Read one of our favorite Jeff Unger columns, “Just Say Hello,” here.

And read more of Jeff’s writing for INSTORE here.

In lieu of flowers, donations can be made to the following organizations:

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Newspaper Tracks Down Billionaire Jeweler Suspected in $2B Fraud

Nirav Modi has been staying in a high-dollar London apartment.

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British newspaper The Telegraph tracked down Nirav Modi, the billionaire jeweler who’s suspected in a $2 billion fraud case in India, in London.

He’s been staying in a high-dollar apartment in London’s West End, according to the newspaper.

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Last year, The New York Times described Modi as being “on the run” and noted that figuring out his location had become something of a “national pastime” in India.

He’s remained at-large despite Interpol’s issuance of a reed notice for his arrest in July, The Telegraph reports.

The newspaper, which has described Modi as “India’s most wanted man,” posted a video of the jeweler on Twitter, with Modi replying “sorry, no comment” to a reporter’s questions.

The New York Times reports that India is waiting for a reply from Britain regarding an extradition request. The Telegraph later reported that that the UK had agreed to the extradition.

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Modi is at the center of a fraud case involving Punjab National Bank, where employees are “suspected to have steered fraudulent loans” to Modi’s businesses, Reuters has reported.

Modi is apparently involved in a new new diamond business in the UK, according to The Telegraph.

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