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Vault Reports

So/Facet raises ₹10 crore to build lab-grown diamond brand

by Ignacia Vera

Sales are set to begin online in November 2026, followed by plans to open over 30 premium stores within three years. So/Facet, a lab-grown diamond jewellery brand founded by former Unilever executives Aarushi Agrawal Naulakha and Abhishek Naulakha, has raised ₹10 crore in a seed funding round led by Sauce. This marks the startup’s first institutional funding and Sauce’s maiden investment in the lab-grown diamond space. The funding round included…

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According to the Polytechnic, ongoing financial pressures and operational constraints, combined with an unstable education system, have made continued operation unsustainable. George Brown Polytechnic Halts New Enrollment in Jewellery Programs for 2027-28 Effective immediately, George Brown Polytechnic will no longer accept new applicants for its jewellery-related programs beginning with the 2027-28 academic year. The institution attributes this move to evolving federal immigration policies targeting international students, financial viability concerns, and…

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Jewellery retailers adopt AI to streamline visuals

by Ignacia Vera

Artificial Intelligence is dominating conversations within the jewellery retail industry. Artificial Intelligence (AI) is dominating conversations in the retail industry, particularly in jewellery businesses. However, much of the discussion remains disconnected from the daily realities of these businesses. Retailers are hearing plenty about consumer-facing tools, but less about how technology can relieve operational bottlenecks in content production, customization, and visual consistency. Jewellery businesses are now quietly adopting automation and AI…

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Titanium aviation watch blends rugged design with pilot-friendly features

The Formex AirField watch blends titanium durability with pilot-friendly features for rugged...

Francisca Fuentes • Oct 3, 2026 • Cut Chronicles

Titanium aviation watch blends rugged design with pilot-friendly features

F ashionable individuals posing near an aircraft in a hangar, showcasing style and aviation themes. Photo: Patricia Bozan/Pexels The Formex AirField watch merges the brand’s established rugged design with aviation-inspired features, all built around a hardened 40 mm titanium...

case. Unlike traditional pilot watches, it avoids retro styling while retaining core functionality—clarity, durability, and adaptability—for both ground and air use. The result delivers a timepiece equally suited to cockpits and outdoor adventures. The titanium case, now hardened to 900...

Jewelry industry leaders honored at AGS awards

The 2026 AGS awards in Las Vegas honored jewelry industry leaders in...

Carolina Lopez • Sep 30, 2026 • Gem Sourcing

Jewelry industry leaders honored at AGS awards

P ortrait of a young woman with a floral earring against a dark background. Photo: cottonbro studio/Pexels The 2026 American Gem Society Conclave recognized industry leaders across gemology, law enforcement, and jewelry education at its annual awards ceremony in...

Las Vegas. Three major honors were presented during the September 16 keynote session, followed by the Young Titleholder of the Year award and scholarships for emerging professionals. The Sallie Morton Award, given for scientific contributions to gemology, went to Guy...

Family jewelry businesses often fail over hidden succession conflicts

Family jewelry businesses often fail due to hidden succession conflicts, not valuation...

Ignacia Vera • Sep 27, 2026 • Cut Chronicles

Family jewelry businesses often fail over hidden succession conflicts

S uccession Is Not An Accident Creating A Store Transition Where Everyone Can Win 1 2 Succession Is Not An Accident Creating A Store Transition Where Everyone Can Win. Photo: Gustavo Fring/Pexels The most common error in jewelry store...

succession plans involves not valuation, financing, or legal documentation. Instead, it stems from a failure to communicate effectively. Owners frequently assume their intentions are self-evident—until they prove otherwise. The issue begins when families postpone discussions about expectations, roles, and legacy...

New Make-A-Wish Center Opens in Knoxville

A new wish-planning space called The Wishing Place opens on the JTV...

Ignacia Vera • Sep 23, 2026 • Vault Reports

New Make-A-Wish Center Opens in Knoxville

T he location includes the Level Up Lounge, a area designed for teenagers to relax and discuss their wishes. JTV has helped open a new wish-planning space in Knoxville, Tennessee. The facility, known as The Wishing Place, is located...

on the JTV campus at 190 Hayfield Road. It serves as a new home for the local Make-A-Wish chapter, providing office space and hosting various events for families and donors. A Space for Hope The location includes the Level Up...