On ‘Forever’
This week, someone called my attention to a story in the print version of the New York Post highlighting a trend many in the jewelry industry are already aware of: non-traditional engagement rings.
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Looking again at the diamond industry’s favorite chart
De Beers’ Diamond Insight Report, released this week, is built around one of its favorite topics: The long-term supply-demand outlook for the industry. “Industry fundamentals support long-term confidence in sector,” trumpeted its release.
Christie’s to auction 16-carat cushion-shaped Fancy Vivid pink diamond ring
Auction house Christie’s is to auction a 16.08-carat cushion-shaped fancy vivid pink, type IIa diamond ring, with an estimate of $23-28 million, at its upcoming Magnificent Jewels auction in Geneva.
RJC announces new Standards and Impacts director
The Responsible Jewellery Council (RJC) has appointed Anne-Marie Fleury as its Standards and Impacts director. The organization also recently appointed Bethan Herbert as Certification and Impacts manager.
Cartier, Van Cleef doing “exceptionally well” Richemont says
Storied jewelers Cartier and Van Cleef & Arpels did “exceptionally well in a volatile environment,” Richemont reported in its latest financial results.
Tiffany & Co. held discussions with Apple, CEO says
Tiffany & Co. engaged in discussions with top Apple executives a few months back, CEO Frédéric Cumenal said during a discussion of smartwatches at the Goldman Sachs Global Retailing Conference on Sept. 10.
Consumer expenditure on jewelry sinks
A review of US consumer expenditure on fine jewelry in the past year is sobering at best. Americans are spending a lot less on jewelry, and this is a near across the board trend.
WTOCD develops automatic melee screening device in collaboration with HRD Antwerp
The WTOCD (Antwerp Scientific Research Center for Diamonds – Wetenschappelijk en Technisch Onderzoeks Centrum voor Diamant) has developed an automatic melee screening device in collaboration with HRD Antwerp,
Most valuable diamond ever? A 12.03 carat Fancy Vivid blue goes up for auction
On Nov. 11 in Geneva, Sotheby’s will auction the Blue Moon, a 12.03 ct. internally flawless vivid blue estimated to sell for between $35 million and $55 million.
Apple, Hermès team up for new luxury smartwatch
At its Sept. 9 product event, Apple announced a new partnership with French luxury brand Hermès to produce a co-branded version of its Apple Watch.
UAE to assume chair of Kimberley Process
The United Arab Emirates has been confirmed as the next chair of the Kimberley Process (KP), assuming the role in 2016, following a vote of members.
Large rough diamond sells for nearly $20M
A 357-carat white diamond recovered at the Letšeng mine in July has sold for $19.3 million.