By Hannah Connorton
Christie’s announced it will offer a 16.08-carat cushion-shaped fancy vivid pink diamond at its Geneva jewelry auction that is expected to sell for as much as $28 million.

E-commerce site Etsy is launching a marketplace for manufacturers and diamond miner Lucapa announced the unearthing of a 90-carat stone.

In career news, Scott Kay President Michael Benavente, who was tapped to lead the brand in May, left to “pursue another opportunity,” while two promotions were announced at Kansas City, Mo.-based retailer Tivol.

It’s the week that happened, in photos.

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Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.