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Retailer and Designer Lugano Diamonds Purchased for $256 Million

Lugano Diamonds, a four-store upscale retailer and jewelry designer based in Newport Beach, Calif., has been purchased by investment company Compass Diversified (CODI) for an enterprise value of $256 million. The company will continue to be led by its current leadership team, including cofounder and current CEO Moti Ferder. Its existing owners and management will…

By Rob Bates
September 17, 2021

Holy Cannelloni! Pasta Fans Hungry for Mac and Cheese Necklace Promo

Of all the social media sensations, who knew a gilded mac and cheese–themed necklace could stand among the greats, giving one small retailer that specializes in food-themed fine jewelry a pre-holiday push along the way. This week, Delicacies Jewelry and Panera Bread created a collaboration that went viral: a gold chain bedazzled with three gold-plated…

Karen Dybis

By Karen Dybis
September 17, 2021




2021 Met Gala Jewelry: Bring On the Diamonds!

After a very jewelry-light New York Fashion Week and a highly disappointing VMAs red carpet, we’ll admit we weren’t waiting with bated breath for the bling at the Sept. 13 Met Gala.

By Melissa Rose Bernardo  |  September 14, 2021

When It Comes to Vintage-Style Engagement Rings, Go Old or New

The vintage engagement ring is a much-clamored-for item, for a number of reasons. First, imagine owning a piece of history as the center of your own love story!

By Brittany Siminitz  |  September 09, 2021


IGI To Award Prize Toward Sustainability

IGI, the first gemological laboratory to commit to carbon neutrality, is working to unite the industry with a new campaign focused on sustainability. IGI’s “Jewelers on a Mission” initiative invites eligible stores to complete a brief application describing why sustainability is important to their businesses and communities.

By IGI  |  September 13, 2021


Diamond Foundry Opening Up $800 Million Factory In Spain

Diamond Foundry is planning to open its second lab-grown diamond production facility in Trujillo, Spain, which is located in the country’s Extremadura region. The 322,000-square-foot factory is due to start producing single-crystal diamond chips in 2024, with total production eventually ramping up to 10 million cts. While the plant will focus on producing industrial diamonds…

By Rob Bates
September 17, 2021

Sept. 17 Diamond Shavings: Your Friday Web Roundup

Hey, everyone. The webinar I did with PriceScope has been posted. John Pollard did a great job asking questions about my views on such things as the future of lab-grown diamonds and my favorite and least favorite stories I’ve ever done, as well as my first book—including the pressing question of who would I cast…

By Rob Bates
September 17, 2021

Britt’s Pick: Electric Spark Studs By Fernando Jorge

One of the beautiful things—among many—about sapphire is that it doesn’t have to be present in a massive carat size to be impactful.

By Brittany Siminitz  |  September 14, 2021


The Bridal Jewelry Market Is Red Hot. Do You Have What Buyers Want?

Before the pandemic, December was one of the busiest months for jewelers. Now, every month is shopping season. Shoppers have money to spend and they are ready to buy, but how they are buying looks a little different, too.

By RDI Diamonds  |  August 16, 2021


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