The announcement coincided with its full-year results, with growth driven by its jewelry brands.
Week in Photos – February 15, 2016
Bulgari’s unveiling of its “perfect mistake” and New York-based designer Michal Kadar being named a “Rising Star” were among the stories we covered this week.
Australian mining company Lucapa discovered a 404.2-carat diamond at its Lulo Mine in Angola this week, further convincing the mine’s operators that the site could contain many more large finds.
In other diamond news, De Beers announced that its sales fell more than 30 percent in 2015, former Rio Tinto chief Jean-Marc Lieberherr was named CEO of the Diamond Producers Association and some rather-muted ring bling was spotted on the red carpet at the annual Grammy Awards.
Recap the week that was, in photos.
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Looking ahead, the retailer said it sees “enormous potential” in Roberto Coin’s ability to boost its branded jewelry business.
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Owner David Mann is heading into retirement.
While overall sales were sluggish, the retailer said its non-bridal fine jewelry was a popular choice for Valentine’s Day.
The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
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.
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.
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.
The company’s Easton location will remain open.