The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
Amid Controversy, Here are the 4 Jewelers at the Biennale
Associate Editor Ashley Davis takes an Insta-look at the few design houses that adjusted to the new tone of the Paris Biennale des Antiquaires.
Change is in the air at the Biennale des Antiquaires.
Going on now in Paris at the Grand Palais, this year marks the show’s 28th and last presentation as a biennial event. In 2017 it will return as an annual affair.
But that’s not the controversial part. What was once the most concentrated showing of haute joaillerie is now but a sampling.
Only four jewelry houses, De Grisogono, Boghossian, Nirav Modi and Cindy Chao, are represented at this year’s fair, down from the 14 that exhibited in 2014.
Reportedly, the last Biennale’s exhibitors, like Cartier, Van Cleef & Arpels, Boucheron, Chaumet and Piaget, were unhappy about reduced booth space this year, which was enacted at the request of the antiques dealers, though organizers are hoping that the missing brands will return next year.
De Grisogono has exhibited once before and Boghossian, Nirav Modi and Cindy Chao are all newcomers. A committee selects the brands that will attend.
Despite the overarching de-emphasis on contemporary high jewelers, the participating brands have been making quite a splash on social media since the fair kicked off over the weekend.
De Grisogono debuted its Constellation Diamond, which was purchased earlier this year for $63 million. Lucara excavated the diamond from its Karowe mine in Botswana. The rough stone weighs in at 813 carats and De Grisogono expects the cutting process will yield one of the world’s largest faceted stones when it’s finished next year.
The Fondation de la Haute Horlogerie partnered with the Biennale on one of three special exhibits at the fair, called The Mastery of Time, which showcases more than 100 artifacts and historic timepieces that explore the milestones in the evolution of telling time.
Here are a few of the Instagrams that best display the Parisian high jewelry moment.
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Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
The ad aims to position platinum jewelry as ideal for everyday wear.
Despite the rising prices, consumers continue to seek out the precious metal.
Retailers can customize and print the appraisal brochures from their store.
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
The site has been down since Thursday evening, just ahead of its spring auctions.
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The late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.
Three fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.
Kimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.
As a token of womanhood, this necklace depicts when Venus was born from the sea.
The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.
Show your mother some love with a piece of fine jewelry.
The company’s Easton location will remain open.
Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.
Sponsored by the Las Vegas Antique Jewelry and Watch Show
M.S. Rau is set to open a seasonal gallery in the high-end resort town early next month.
The branded jewelry market is thriving, said Richemont Chairman Johann Rupert.
The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.
The highlight of his collection is the coveted Patek Philippe Grandmaster Chime, which could sell for up to $5 million.
The “Venetian Link” series modernizes the classic Veneziana box chain in its bracelets and necklaces.
The Seymour & Evelyn Holtzman Bench Scholarship will provide tuition assistance to two low-income students.
The Swiss watchmaker said the company’s plans to use a new version of the Hallmark crown on jewelry would confuse consumers.
The executive talked about the importance of self-purchasers and how fuel cell electric vehicles are going to fuel demand for platinum.
The Indian jeweler’s new store in Naperville, Illinois marks its 350th location, part of its ongoing global expansion plans.
It will award a graduating high school student with about $10,000 toward a GIA diploma and an internship with the Seattle-based jeweler.