Tiffany Céleste, an imaginary galaxy
For the new high jewelry collection in its 2024 Blue Book, Tiffany & Co. is shining a spotlight on one of its legendary designers – Frenchman Jean Schlumberger – and his imaginary cosmic universe.
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DIORAMA, Enchanted Flora and Fauna
In the magical light of Tuscany, at the heart of the cloister of the Basilica of Santa Maria Novella – a Gothic jewel and key icon of the Florentine Renaissance – Victoire de Castellane unveiled the inaugural chapter of her new high jewelry collection, entitled Diorama. A lush rose garden scented with orange trees provided […]
Where Does De Beers Go From Here?
Having experienced various acquisitions and restructurings at places where I’ve worked, I have considerable sympathy for De Beers’ 20,000 employees as they digest the news that majority owner Anglo American plans to sell off their company. While big corporate changes sometimes work out for the best, they are rarely pleasant for those who live through them. Prior […]
WDC welcomes support for listing countries of mining origin on KP certificates for mixed parcels, at KP Intersessional during the “Year of Delivery”
Provenance transparency together with digitalization mark a significant step to future proof the KPCS WDC President Feriel Zerouki addressing the Closing Session of the Kimberley Process Intersessional meeting in Dubai on May 17, 2024. DUBAI, UAE: MAY 17, 2024 – The World Diamond Council (WDC) concluded the 2024 Kimberley Process (KP) Intersessional with a renewed […]
What is Chaumet’s Strategy?
In a rare interview with the Financial Times on May 10, Chaumet’s new CEO Charles Leung offered his analysis of the company’s strategy. Charles Leung, originally from Hong Kong, has been appointed as the head of a major French luxury house. This appointment likely reflects LVMH’s intention to value experienced talent from the Asian continent. […]
Lightbox Lowering Prices, Adding GIA “Verification”
Lightbox Jewelry, the De Beers–owned lab-grown brand that made waves upon entering the business by charging $800 a carat, has lowered the price of its entry-level product (I and J color diamonds) by nearly 40%, to $500 a carat. G-H color stones are now priced at $600 per carat. And Lightbox is charging $900 a carat for […]
iTraceiT: How can we prepare for the G7 sanctions against Russian diamonds?
How can we prepare for the G7 sanctions against Russian diamonds and stay one step ahead when it comes to diamond traceability? This was the question posed to leading diamond industry players during a webinar organized by renowned traceability specialist iTraceiT on May 10. Expert Avi Krawitz, who moderated the meeting, asked everyone to talk […]
Red Diamond Sets Records at Second Phillips Geneva Auction
Phillips sold a pink diamond for $12 million at its second Geneva jewelry auction, which also saw two records set for a fancy-red. The 6.21-carat, fancy-vivid-pink, VS1-clarity, type IIa diamond ring was the leading lot at the May 13 Geneva Jewels Auction: Two, Phillips said Tuesday. The total, which amounted to $1.9 million per carat, fell […]
Richemont Appoints Van Cleef Head as New CEO
Nicolas Bos, currently CEO of Van Cleef & Arpels, will become CEO of Richemont effective June 1. Bos, who has served as Van Cleef CEO since 2012, will also join Richemont’s senior executive committee. At press time, it wasn’t clear if Van Cleef—which is owned by Richemont—would appoint a replacement. Richemont’s current CEO, Jérôme Lambert, […]
Anglo American Confirms De Beers Is Up for Sale
Confirming recent reports, Anglo American said today that De Beers will be “divested or demerged” from its portfolio. In an online investor presentation, Anglo CEO Duncan Wanblad said he expected the sale of De Beers—as well as a number of Anglo American’s other holdings, including its platinum unit—will be completed by the end of 2025. Spinning […]
Buccellati, Prince of Goldsmiths
Buccellati is holding a major retrospective in Venice to showcase its heritage, history and craftsmanship. “The Prince of Goldsmiths, Rediscovering the Classics” Oficine 800 – Venice, April 18 to June 18, 2024 The entire Venice exhibition is dedicated to Buccellati’s “classics”, featuring over 200 jewelry and goldsmith pieces that represent the unique styles and skills […]
The Lowdown on Lab-Grown Diamonds
As synthetics gain ground in jewelry collections and the minds of consumers, Rapaport Magazine takes a look at some of the latest developments in this product category. Testing the waters The diamond industry is undergoing a significant and transformative shake-up. With a major dip in natural-diamond prices, many companies have either diversified their operations to […]
