The announcement coincided with its full-year results, with growth driven by its jewelry brands.
See the Jewels Worn to the World’s Most Exclusive Debutante Ball
They’re designed by a fourth-generation diamantaire.
Paris—There are balls, and then there’s “le Bal.”
For more than two decades the invitation-only charity ball has hosted about 20 of the world’s most privileged young women who are making their society debuts.
The daughters of international business scions, aristocracy and Hollywood royalty are outfitted in haute couture for the occasion.
This year, fourth-generation Indian diamantaire Harakh Mehta, the designer behind Harakh, was the event’s official jeweler, adorning the debutantes in his creations for the ball, held earlier this month at Paris’ Shangri-La Hotel.
“As the exclusive diamantaire and haute joaillerie partner for le Bal Paris 2019, it was an honor to dress each deb in Harakh joaillerie pieces for one of the most memorable nights of their lives,” Mehta said in a statement.
For one special deb, Jane Li, daughter of iconic Chinese action film star Jet Li, Mehta crafted a custom high jewelry suite inspired by her life.
The suite comprises a necklace, earrings and ring that feature various detachable components.
Each piece features pear-cut diamonds, a Harakh signature that the designer calls his “drop of joy” motif, with rose-cut and brilliant-cut natural pink and colorless diamond accents.
The word “harakh” translates to joy and underlines the designer’s exuberant approach to high jewelry.
“Working with [Mehta] to create custom jewelry for le Bal was a dream—each piece was so intricately and thoughtfully crafted,” Li said.
“I am very touched by Harakh’s ability to bring my stories to life and combine meaning with generations of craftsmanship. I could not be happier to wear jewelry so authentic to me and my values to le Bal.”
In recent years, le Bal’s charity partners have included New York City’s Seleni Institute, a mental health organization benefiting adult women and teenage mothers, and Enfants d’Asie, which promotes women’s education in Southeast Asia.
According to le Bal’s website, the annual event has financed the education of 1,100 girls each year.
The Latest
Looking ahead, the retailer said it sees “enormous potential” in Roberto Coin’s ability to boost its branded jewelry business.
Jewelry trade show veterans share strategies for engaging buyers, managing your time effectively, and packing the right shoes.
Despite the rising prices, consumers continue to seek out the precious metal.
This little guy’s name is Ricky and he just sold for more than $200,000 at Sotheby’s Geneva jewelry auction.
Though its website has been down for a week, Christie’s proceeded with its jewelry and watch auctions on May 13-14, bringing in nearly $80 million.
Despite the absence of “The Allnatt,” Sotheby’s Geneva jewelry auction totaled $34 million, with 90 percent of lots sold.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
Lilian Raji gives advice to designers on how to make the most of great publicity opportunities.
The mining company wants to divest its 70 percent holding in the Mothae Diamond Mine in an effort to streamline its portfolio.
Why do so many jewelers keep lines that are not selling? Peter Smith thinks the answer lies in these two behavioral principles.
The “Argyle Phoenix” sold for more than $4 million at the auction house’s second jewels sale.
The annual list recognizes young professionals making an impact in jewelry retail.
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.