A roundup of JCK‘s top stories from the past week.
Connecticut Home Invasion Leads to $4 Million Jewelry Store Robbery
On April 11, gunmen invaded an apartment in Meriden, Conn., kidnapped two jewelry store employees, and subsequently stole more than $4 million worth of merchandise from their store.
Jewelers Cheer Fall in Gold Price
Jewelers applauded the recent dramatic fall in the price of gold, saying they hope it will eventually lower the price of gold jewelry.
Princie Diamond Is Most Expensive Jewel Ever Sold at Christie’s
On April 16, The Princie, a 34.65 ct. fancy intense pink cushion cut, scored $39.3 million ($1.1 million a carat) at Christie’s New York—making it the most expensive jewel ever sold in the auction house’s 200-plus year history.
Pandora CEO Resigns, Replaced by Veteran Supermarket Exec
Björn Gulden, who took over the Pandora Group 16 months ago to stem declining sales and profits, has left the charm brand to become CEO of Puma, the shoe company.
Gold Continues Massive Slide, Sinks Below $1,400
Gold’s meteoric rise may now be matched by an equally stunning decline.
25.5 Carat Blue Diamond Found in South Africa
A 25.5 ct. blue diamond was recovered by Petra Diamonds Limited at the Cullinan mine in South Africa.
The Diamond Industry’s Sad Lack of Leadership
If the diamond industry doesn’t keep up with larger trends in society, it will be buried by them
Kentucky Jeweler Finds Local Fame After Self-Produced TV Commercials Go Viral
A small budget yields big commercial appeal.
Andrea Hansen, Courtney Cohen Launch New Company
A pair of seasoned public relations, marketing, and business gurus in fine jewelry aim to fill the void of helping talent take flight.
Sotheby’s Sells 74.79 Carat D-Color Diamond for $14 Million
Follow JCK on Instagram: @jckmagazineA 74.79 ct. white, pear-shaped diamond earned more than $14 million at Sotheby’s New York spring jewelry auction.
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