The R&M “Lettre”

Sign-up for La Lettre from R&M to get the essentials of current affairs in the diamond industry and privileged access to the articles published below

We keep your data private and only share it with third parties that make this service possible. Read our Confidentiality Policy for more information.

esperluette

Cartier high jewelry: nature reborn 

Cartier’s new high jewelry collection is not a new chapter in the Voyage Recommencé – the name the Parisian Maison has given to its recent collections – but the approach remains the same. In Nature Sauvage, Cartier is once again looking at its heritage, roots, style and history. The creations should be appreciated from a […]

Crowning Glory: The Story Behind the British Crown Jewels

The extraordinary collection contains three of the world’s largest and most famous natural diamonds. By Harriet Mays Powell | March 5, 2024 Comprising of more than 23,000 gemstones and thousands of natural diamonds, the British Crown Jewels are held in trust by the monarch for the nation and have been protected in the Tower of […]

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 […]

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 […]