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At the 2023 JCK Las Vegas show, De Beers introduced the fine jewelry industry to Tracr. Founded in 2018, the blockchain platform uses high-speed photography to create a digital twin of a rough diamond, enabling a new standard of traceability. The mining giant promoted the technology as the backbone of its consumer-facing Origin suite of services, […]
Marie-Laure Cérède will join Chanel as the new director of its jewelry creation studio, starting in October. Paris—Chanel has named Marie-Laure Cérède as the director of its jewelry creation studio, beginning in October. In this role, Cérède will be responsible for all precious and high jewelry creations, working alongside the jewelry teams in Paris and […]
Larger diamonds with J grades and down are gaining popularity among wealthier US consumers. What’s driving the craze? Large diamonds in low colors are a hot market in the US. The Rapaport Intelligence Report asks why. The trend represents an important shift in how higher-end consumers perceive diamonds. Those seeking 2.50-carat and larger goods are […]
The new edition of Tiffany & Co.’s legendary Blue Book offers a high jewelry collection that elevates classic themes of flora and fauna, showing a garden’s hardest workers—bees, birds, and butterflies—in extravagant gemstone form. Tiffany will release this year’s Blue Book in three phases: spring, summer, and fall. The spring Blue Book, titled “Hidden Garden,” […]
Kering’s jewelry and watch category saw “outstanding” growth in the first quarter, despite a difficult geopolitical environment. Revenue from the group’s recently formed Kering Jewelry division, which also includes watches, grew 14% year on year on a reported basis, coming to a record EUR 269 million ($317 million) for the three months that ended March […]
The contrast between the performance of the retail jewelry sector and diamond mining revealed in the recent round of earnings is striking. At retail, Watches of Switzerland said its Roberto Coin business delivered an excellent US holiday season. Swatch Group noted that Harry Winston had a record month in December, while Birks Group reported comparable-store […]
During Kering’s much-anticipated Capital Markets Day presenting its new strategic plan, CEO Luca de Meo said the fashion and accessories group plans to focus on its jewelry brands to boost profits. Kering unveiled a strategic road map for revenue growth called ReconKering during the online conference call with media and employees today from Florence. “ReconKering is our […]
During the 16th edition of the Prix National Jacques Lenfant, candidates were followed for the first time by a France Télévisions film crew throughout their week of competition. The resulting documentary sheds unprecedented light on the journey, commitment and talent of these young participants—virtuosos already shaping the future of French fine jewelry. Five days. Six […]
The diamond market is increasingly shaped by a pronounced divide between natural diamonds and lab‑grown diamonds, with the latter proving particularly appealing to Generation Z. During a discussion between Avi Krawitz and Matt Gabel, diamond expert and representative of the family-owned firm MJ Gabel, several key aspects of this shift were examined. The exchange explored […]
Extraordinary colored diamonds, old‑cut stones with imperfect charm, iconic signatures, and gems originating from depleted mines: the diamond market is evolving toward ever greater selectiveness and singularity. Between price regulation and the rise of online sales, today’s collectors prioritize rarity, quality, and a search for meaning. Balancing emotion and strategy, Violaine d’Astorg, Head of the […]
The brands’ high jewelry collections performed especially well last year despite a challenging environment. Paris—LVMH’s full-year sales declined as the luxury giant navigated a challenging environment, but its jewelry brands held their own. “I think we’ll make it through the winter,” said LVMH Chairman and CEO Bernard Arnault on an earnings call Tuesday afternoon [Jan. […]
This launch marks the first time that GemFair’s ethically sourced, artisanal-mined diamonds are featured in jewellery, bringing their story of supporting livelihoods to consumers De Beers Group is pleased to announce a collaboration between GemFair, the company’s programme to help formalise the artisanal and small-scale diamond mining (ASM) sector, and its luxury jewellery brand, De […]