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For all the debate last year about LVMH’s acquisition of Tiffany & Co., the purchase made a lot more sense following COVID-19. Like many companies, Tiffany could use strong financial backing during tough times.
There is an array of personalizations that range from what we know and love (names, dates) to the less traditional though just as special: a mother’s ode to her breastfeeding journey, a wedding that had to be postponed but the date of which still significant, a winning battle against cancer (or COVID), a worthy cause, […]
LVMH announced that it is backing out of its agreement to buy Tiffany & Co., and the retailer is not happy about it.
Tiffany & Co. continued to feel the fallout from COVID-19, as its sales in mainland China rose dramatically during its second quarter (ended July 31), while sales in the Americas region continued to fall.
A ring made entirely of natural diamond has become the first of its type to reach the Gemological Institute of America (GIA) for evaluation.
Tiffany & Co., which last year announced it was telling consumers the place and country where most of its diamonds were mined, is now taking that further by telling consumers where its gems are cut and set into jewelry.
A necklace featuring a 115.83-carat diamond was the top seller at Christie’s in New York on Wednesday July 29, bringing in $6.3 million at the live Magnificent Jewels auction.
LVMH, which owns Bulgari and Chaumet, saw sales of watches and jewelry slump in the first half of 2020 as the coronavirus reduced tourist spending and affected demand from wholesale customers.
For this exceptional summer, the Houses have vied with each other to show their audacity and creativity, and present their expertise with sumptuous collections of fine jewelry.
A twin-stone diamond ring sold for $9.3 million at Christie’s Geneva Magnificent Jewels sale after “spirited bidding” from several participants competing via telephone, the auction house reported.
The possibility of a “Warby Parker for fine jewelry” debuting and disrupting the status quo of jewelry retail has been anticipated within the industry for years.
Two fancy-colored, heart-shaped diamonds led the Magnificent Jewels sale at Sotheby’s in Hong Kong, fetching a combined $18.7 million.