Boucheron Acquires Paris High-Jewelry Workshop
Kering-owned brand Boucheron has purchased a Paris atelier that it believes will help it increase its jewelry output.
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Diamond Prices See Stabilizing Trend
RAPAPORT PRESS RELEASE, November 7, 2023, Las Vegas… Diamond prices showed a more moderate decline in October amid holiday demand and a reduction in rough supply.
Global luxury market projected to reach €1.5 trillion in 2023, a new record for the sector, as consumers seek luxury experiences
Despite continued growth, this marks a pivotal moment for brands; winners will define themselves through resilience, relevance, and renewal to navigate through growing turbulence.
Kimberley Process Has a Failure to Communiqué
It was midnight. The annual Kimberley Process (KP) plenary in Victoria Falls, Zimbabwe, had come to a preliminary agreement on its communiqué—which included some 90 items, mostly about administrative matters like choosing Botswana as the home of its much-delayed secretariat. The members of the certification scheme applauded.
70 Years of Vicenzaoro
In the jewelry world, the year kicks off with Vicenzaoro, organized by the Italian Exhibition Group(IEG) and held January 19–23, 2024, in Vicenza, Italy, about 30 miles outside Venice. The international jewelry exhibition celebrates its 70th anniversary in 2024.
Prada Debuts Lab-Grown Diamond Jewelry Collection
A year after launching its fine jewelry collection, the Italian luxury brand is adding lab-grown diamonds to the mix.
Falling Prices Killed WD Lab Grown, CEO Says
Synthetic gem prices fell so fast that WD Lab Grown Diamonds couldn’t make a profit, the company’s former CEO, Mike Grunza, said during a Delaware bankruptcy proceeding this week. WD liquidated in October.
Bleu Royal Fetches $44 Million at Christie’s
The Bleu Royal, a 17.61 ct. internally flawless fancy vivid blue diamond, sold for 39.5 million Swiss francs, or about $44 million, at Christie’s Magnificent Jewels sale in Geneva on Nov. 7.
Asia Rebound Boosts Richemont Jewelry Sales
Revenue from Richemont’s jewelry brands was strong in the first fiscal half as demand grew in most regions, primarily Asia Pacific.
New Natural Diamond Perspectives
Dear readers, In this latest newsletter, we begin by telling you all about the initiatives underway in the diamond sector. Following the departure of Stephen Lussier, David Prager has become the new Chairman of the Natural Diamond Council. Prager is convinced of the need for transparent communication and information, and he intends to continue the […]
When Natural Diamonds Move with the Times
Living the diamond life every day is the core message of the NDC’s new global ad campaign.
Bulgari Serpenti: 75 Years of Infinite Stories, Join Us in Dubai
Bulgari has recently unveiled Bulgari Serpenti: 75 Years of Infinite Stories, an exhibition that immerses visitors in the enchanting world of the famous serpent. The Serpenti icon, which has captured the hearts of people worldwide since its creation in 1948. This exhibition took place in Dubai, marking the first exhibition of its kind in the […]
