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Skinner's Jewelry Sale Nets Nearly $3M
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Auction house Skinner Inc. grossed $2.8 million, including buyer's premium, for its fine jewelry sale on June 12. Colored stones, Art Deco pieces, diamonds, and natural pearls were especially strong performers,...
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Retail
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Jun 22, 2012
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Jeff Miller
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Richemont's FY Sales +29%, Profit +43%
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Richemont reported that group sales rose 29 percent year on year to $11.39 billion (EUR 8.87 billion) during the retailer's fiscal year that ended on March 31. Revenue growth was driven by higher demand from...
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Retail
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May 16, 2012
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Dilipp S Nag
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Cartier Appoints New CEO
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Stanislas de Quercize has been appointed the chief executive officer (CEO) of Cartier and will replace Bernard Fornas at the end of this calendar year, Richemont reported. Fornas, 65, has led Cartier for the...
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Retail
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Mar 26, 2012
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Deena Taylor
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Diamond Prices Mixed in February
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The diamond industry continues to operate with caution, but there was improvement in trading confidence out of India and Israel in February. Still, the next few months will require navigating those persistent challenges that...
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Polished Markets
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Mar 07, 2012
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Rapaport News
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Cartier's Grant for 'Development Diamond Standards'
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Cartier International provided a grant to the Diamond Development Initiative International (DDI) to focus on implementing “Development Diamond Standards” for artisanally produced diamonds. In Sierra Leone, DDI is working with local leaders and civil society to identify...
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Fair Trade
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Mar 07, 2012
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Jeff Miller
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Cartier Debuts 'L'Odyssee de Cartier' Film
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The House of Cartier announced the international release of its new "L'Odyssee de Cartier,” a three-and-one-half minute film that chronicles Cartier's 165-year history. The film will debut online in the U.S. on March 4 and will air...
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Marketing
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Mar 02, 2012
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Ricci Dipshan
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Jean Dousset Opens Showroom in Los Angeles
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Jean Dousset opened a diamond showroom at 8471 Melrose Avenue in Los Angeles. The space presents his diamond engagement rings and jewelry collections and features original portraits of Dousset's great-great grandfather, Louis Cartier.''I wanted...
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Retail
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Feb 28, 2012
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Jeff Miller
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Diamonds and Dragons
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There may be some irony in China’s current economic juncture. Just as the country enters the “Year of the Dragon,” said to be the mightiest of the Chinese zodiac signs, its economic fire seems to have lost some...
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Polished Markets
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Jan 20, 2012
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Avi Krawitz
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Richemont's FY3Q Sales +24%
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Richemont reported that group sales rose 24 percent year on year to $3.32 billion (EUR 2.62 billion) in the third fiscal quarter that ended on December 31, 2011 driven by growing Far East demand. ''The group’s overall performance remains solid,'' said Johann Rupert, Richemont’s chairman and...
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Retail
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Jan 16, 2012
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Avi Krawitz
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Richemont Group Sales +29% in 1H
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Swiss luxury group Richemont reported that sales rose 29 percent year on year to $5.79 billion (EUR 4.21 billion) in its first half of the fiscal year that ended on September 30, 2011. Growth was spurred...
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Retail
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Nov 13, 2011
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Avi Krawitz
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Diamond News Broadcast
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Download MP3 audio.Christie's New York held its magnificent jewels sale on October 18, which garnered $46,599,650 and was 83 percent sold by lot. The top lot, a 32.77-carat, VS2, pear-shaped fancy vivid yellow diamond,...
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Polished Markets
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Oct 19, 2011
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Rapaport News
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Retail
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Aug 26, 2011
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Jeff Miller
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Retail
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May 23, 2011
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Ricci Dipshan
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Sotheby's NY Hosts Magnificent Jewels Sale on April 14
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Sotheby’s auction of Magnificent Jewels on April 14 in New York offers 380 lots and carries a presale estimate of $26 million. Major gemstones of every color are represented in the sale including a magnificent 30.52-carat, D, VVS1, emerald-cut diamond...
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Gemstones
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Mar 21, 2011
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Jeff Miller
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Diamonds Shine on Oscar Night 2011
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Forget the golden statue, diamonds were hit on Oscar night. Those who took to the red carpet wore some of the most dazzling diamonds on offer at the 83rd Annual Academy Awards ceremony held in Los...
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Gemstones
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Feb 28, 2011
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Deena Taylor
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