Against the backdrop of increasing competition between the two largest players — Cartier and Tiffany — plus newcomers, the sector is expanding, bringing new opportunities.
The Long View by Vogue Business: Inside the luxury jewellery boom
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Hermès, Worth $218 Billion, Is Now the World’s Second-Most Valuable Luxury Brand
The luxury brand reached a historic milestone by exceeding a €200 billion ($218 billion) market value this week, per Bloomberg, soaring past Swiss pharmaceutical giant Novartis AG. This impressive feat is attributed to the luxury brand’s strong performance, rallying approximately 30 percent so far in 2023, buoyed by investor confidence in the high-end market’s continued success.
4 Predictions for the Diamond Market in 2023 and Beyond
Experts and Editor-in-Chief Michelle Graff share views on natural diamond prices, lab-grown supply, and diamond jewelry sales in 2023.
Van Cleef and Arpels exhibition opens at national museum in Riyadh
This article was originally written by Ghadi Joudah for Arab News and published on January 25, 2023. RIYADH: French luxury jewelry brand Van Cleef & Arpels is holding an exhibition in Riyadh featuring creations previously owned by Elizabeth Taylor, Grace Kelly and Egypt’s Queen Nazli and Princess Fawzia. The immersive exhibition invites attendees to explore the Van Cleef & […]
LVMH’s Deal for Tiffany Is a Huge Win for World’s Richest Man
Arnault was crowing on LVMH’s recent earnings conference call about the company’s contentious 2021 acquisition of Tiffany. He said Tiffany’s earnings had doubled since the roughly $16 billion purchase.
Tiffany Buys Some of a Legendary Diamond Mine’s Last Finds
The new Tiffany Collection comprises 35 gems, including an unusual red stone, from the Argyle Diamond Mine in Australia.
A SHORT HISTORY OF LUXURY: DIAMONDS, THE PUREST AND MOST COVETED MINERAL IN THE WORLD
Although there is no official history of diamonds, experts agree that they originated between 2500 and 1700 B.C. They were first discovered in India, in the Golconde region, between the rivers Godavari and Krishna.
How haute couture is inspiring new high jewellery collections, from Dior and Chanel, to Van Cleef & Arpels’ Legends of Diamonds, Chopard’s Red Carpet and Cindy Chao’s Gentlewoman Ribbon Cuff
Couture-inspired high jewellery featured in these striking new collections, from Dior’s braid trims and transposed print florals to a magnificent ribbon cuff seven years in the making from Cindy Chao.
IGI CEO Confirms Report of Potential Sale
The company that owns an 80 percent stake in the Antwerp-based lab reportedly believes it is worth more than $200 million.
A New Asset Class Emerges
Fancy colored diamonds have increased in popularity in the last decade, leading the large auction houses to realize some of their largest gains on the back of record-breaking sales.