The R&M “Lettre”

Lucara Diamond Corp. announced that the winning submission for the naming of the 1,758 carat diamond.

Luxury conglomerate Richemont reported strong sales growth in its first-quarter results, but a slowdown in watch sales somewhat dulled its shine.

Sales at Richemont’s jewelry brands increased 10% in the first fiscal quarter, as lower value-added tax and customs duties drove purchases in mainland China, the luxury retailer said Thursday. 

LVMH has bought a minority stake in the Stella McCartney brand, a year after the designer’s split with rival luxury conglomerate Kering.

There’s a lot to like about the Los Angeles–based brand  La Californienne, which recasts classic vintage Cartier and Rolex watches as something magnificently bright, colorful, and fun, each creation as whimsical, and richly detailed, as a carousel pony.

“We don’t have to engage in grand, heroic actions to participate in the process of change. Small acts, when multiplied by millions of people, can transform the world.” Howard Zinn – Historian and Playwright 

Rio Tinto has debuted the diamonds in this year’s Argyle Pink Diamonds Tender, its annual sale of the best pink, red and violet stones to emerge from its mine in Western Australia.

Amsterdam-based bank ABN Amro sent a letter to some of its diamond clients stating that it will no longer finance rough purchases where there is not “sufficient profitability,” JCK has learned.

The Gemological Institute of America (GIA) has temporarily reduced grading fees for certain smaller diamonds after recording a drop in submissions during the recent industry slump. 

Another watch from the archive of films featuring Academy Award winner Marlon Brando will be up for auction this winter.

Forevermark’s new marketing campaign, “I Take You, Until Forever,” which debuts the week of the 8th July, is meant to take an “honest” and “modern” look at love and relationships, said the De Beers–owned brand.

Kering-owned fashion brand Gucci just marked a milestone, releasing its first high jewelry collection.