A roundup of JCK‘s top stories from the past week.
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 applauded the recent dramatic fall in the price of gold, saying they hope it will eventually lower the price of gold jewelry.
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.
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’s meteoric rise may now be matched by an equally stunning decline.
A 25.5 ct. blue diamond was recovered by Petra Diamonds Limited at the Cullinan mine in South Africa.
If the diamond industry doesn’t keep up with larger trends in society, it will be buried by them
A small budget yields big commercial appeal.
A pair of seasoned public relations, marketing, and business gurus in fine jewelry aim to fill the void of helping talent take flight.
A 74.79 ct. white, pear-shaped diamond earned more than $14 million at Sotheby’s New York spring jewelry auction.