CrimeMay 02, 2024
4 Indicted in Burglary Ring Targeting Indian, South Asian FamiliesThe men are allegedly responsible for stealing millions in jewelry and other valuables in 43 burglaries in 25 towns across Massachusetts.
EditorsMar 18, 2009
Does red-carpet jewelry make cents?
With the Oscars last month rounding out the season's biggest awards shows, one thing I've been wondering lately is what the placements mean for the jewelry designers who are almost 100 percent of the time lending their multi-thousand dollar jewels?...
With the Oscars last month
rounding out the season's biggest awards shows, one thing I've been wondering
lately is what the placements mean for the jewelry designers who are almost 100
percent of the time lending their multi-thousand dollar jewels?
rounding out the season's biggest awards shows, one thing I've been wondering
lately is what the placements mean for the jewelry designers who are almost 100
percent of the time lending their multi-thousand dollar jewels?
On one hand, I'm a firm
believer that the jewelry category as a whole profits from such big-time
exposure. (Think of all the stars wearing chandelier- and drop-style earrings
and stacked bracelets—easily imitable looks that magazines such as People and
InStyle translate for consumers at entry-level price points.) Yet in terms of
those uber-luxurious, multi-thousand dollar pieces that the celebrities
actually wear on Grammys or Golden Globes night, what sort of profit comes back
to the designer?
Well a recent Women's Wear
Daily article answered the question for me, and according to the article, there
is quite a bit of moolah to be made.
While it's somewhat uncommon
for the stars to buy the jewelry themselves, there are consumers out there who
are willing to shell out thousands, and even millions, to share in the glamour.
From Oscars night, designs
worn by Angelina Jolie, Natalie Portman, Diane Lane and Kate Winslet have
either already been sold or the designers are in talks with clients.
According to the article
(titled "Red Carpet Jewels Can Turn Into Green"), the emerald Lorraine Schwartz
suite that Jolie wore to the Oscars sold for $2.5 million, an $85,000 Kwiat
diamond bracelet worn by Natalie Portman is on hold for a client, and Neil
Lane—who outfitted Diane Lane—is in talks to sell the actress's Oscar night
vintage diamond fringe necklace, a piece valued at more than $100,000.
But even if you have a few hundred thousand
to shed, some pieces just can't be had. Remember the diamond and turquoise
stunner Eva Mendes wore to the Golden Globes? Though client interest was
strong, Van Cleef & Arpels won’t part with it. One of just 400 pieces in
the brand's museum collection and estimated between $700,000 and $900,000, the
piece will be sparkling within the company's lauded vaults.
More on Editors
The Latest
CollectionsMay 02, 2024
Foundrae Launches ‘Horizon’ Collection“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.
FinancialsMay 02, 2024
Pandora Raises Guidance After Strong Q1The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
Brought to you by
Rio’s Reimagined Podcast: For the Love of JewelersMeet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
IndependentsMay 02, 2024
Oklahoma Jeweler Glenn Lewis Dies at 68The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.
Weekly QuizMay 02, 2024
This Week’s QuizTest your jewelry news knowledge by answering these seven questions.
AuctionsMay 02, 2024
Vintage Baume & Mercier With Ties to Elvis Sells for $7K Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”
Brought to you by
The Blueprint for Success in Scalable, Personalized Jewelry RetailWith Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
SurveysMay 01, 2024
Consumer Confidence Falls in AprilConcerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
TrendsMay 01, 2024
Amanda’s Style File: All Eyes on EmeraldsMay’s birthstone is beloved for its rich green hue and its versatility.
SourcingMay 01, 2024
Opsydia Names New Sales and Marketing Director Jacqui Larsson joins Opsydia with nearly two decades of experience in the industry.
CrimeMay 01, 2024
Grand Jury to Hear Case Against Jeweler Charged in Fatal Shove Following IJO ShowLast month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
CollectionsApr 30, 2024
12 Otherworldly Pieces From Tiffany & Co.’s 2024 Blue BookThe “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.
MajorsApr 30, 2024
Zales Celebrates 100 Years With New CampaignThe brand also created a 100-carat lab-grown diamond necklace in honor of its centennial.
MajorsApr 30, 2024
Platinum Guild International Appoints New CEOTim Schlick has been promoted from his previous position as COO.
Events & AwardsApr 30, 2024
Canadian Jewellers Association Brings Back the Summit It’s the second year for the event, slated to take place in October in Toronto.
Recorded WebinarsApr 29, 2024
Watch: Diamond Identification and Evaluation - How to Protect your BusinessSupplier Spotlight Sponsored by GIA
SourcingApr 29, 2024
De Beers to Move Auction HQ from Singapore to BotswanaSales will be paused while the relocation takes place over the next few months.
CollectionsApr 29, 2024
Simone I. Smith Mixes Denim and Diamonds in New Collection“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.
IndependentsApr 29, 2024
Venus Jewelers Relocating After 45 YearsThe retailer is moving to a newly designed space in the same shopping center.
SurveysApr 29, 2024
Mother’s Day Jewelry Spending to Reach $7B, Says NRFGifts that are unique and thoughtful are top of mind this year, according to the annual survey.
CollectionsApr 26, 2024
Piece of the Week: Jacquie Aiche’s Starry Galaxy NecklaceThe necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
Events & AwardsApr 26, 2024
AGS Conclave and GIA Symposium Are ConvergingThe two organizations will host a joint event, “Converge,” in September 2025.
SourcingApr 26, 2024
Anglo American Reportedly Shopping De Beers as BHP Eyes Anglo Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
Events & AwardsApr 25, 2024
Alexis Padis Takes Over as AGS Board President Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
WatchesApr 25, 2024
Audemars Piguet and John Mayer Partner on Limited Edition WatchThe Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
SourcingApr 25, 2024
De Beers Lowers Production Guidance for 2024The announcement came as the company reported a 23 percent drop in production in Q1.
