10 Things Rocking the Industry, November–December 2016

AUCTIONS The Magnificent Jewels sale on Nov. 29 at Christie’s Hong Kong will lead with a stunning 10.05 ct. Burmese pigeon’s-blood ruby ring. The ring, designed by Faidee, is called the Ratnaraj Ruby (above); Ratnaraj means “king of precious stones” in ancient Sanskrit. “Only those rubies of exceptional saturation and natural red fluorescence can be deemed as pigeon’s-blood, and it is particularly rare of a ruby of this quality to appear in over 5 carats,” said Christie’s. The ring is estimated at $8.8 million–$12.5 million. A royal bounty indeed. ACQUISITIONS It started in 1997 as a jewelry company created by two stay-at-home moms. A decade later, Silpada Designs was a $200 million business. But the brand never regained its footing after an ill-fated 2010 acquisition by Avon, and it folded earlier this year. In October, the Berkshire Hathaway–owned Richline Gr

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).


Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out