Bvlgari

Bvlgari opens ‘largest’ single-branded jewellery manufacturing site

Bvlgari has officially inaugurated the expansion of its ‘Manifattura in Valenza’ site, now the “largest” single-branded jewellery manufacturing site in the world, spanning 33,000 sqm. The expansion aims to double the site’s production capacity by 2029, creating over 500 new jobs, and houses the Scuola Bvlgari: the maison’s first publicly…

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Goldsmiths relocates Trafford Centre showroom

Goldsmiths has announced that it has relocated its showroom in the Trafford Centre to a larger space on the ground floor of the shopping mall. The showroom has undertaken an extensive expansion and refurbishment with a dedicated entrance for the new Rolex room. The showroom boasts the largest Rolex room…

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Christie’s unveils headline pieces for April auction

Christie’s has announced its April 13 ‘Magnificent Jewels auction, which will be headlined by The Fuchsia Rose, an intense purple-pink diamond of 8.82 carats, priced at $4-6m (£3-4.5m). The auction also includes a selection of coloured and colourless diamonds, along with historic jewels from “renowned private collections”, and an assemblage…

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LVMH sees Watches and Jewellery revenues surge 49%

LVMH’s Watches and Jewellery business group recorded organic revenue growth of 49% in the first nine months of 2021 compared to the same period of 2020. The group also saw an increase in 4% compared to 2019, excluding Tiffany, which was consolidated for the first time in 2021.  Driven by…

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Christie’s New York Online sales nearly total £2.5m

Christie’s New York Online jewels sale saw sales total $3,407,375 (£2,455,290), as the auction achieved a record level of participation. Some 93% of items were sold by value at the auction which represented a 160% hammer above low estimate. The global participation from 26 countries, with 27% new buyers, contributed…

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LVMH and Richemont to develop luxury blockchain platform

LVMH has joined forces with rivals, Prada and Cartier, both part of the Richemont group, in order to develop Aura Blockchain Consortium, a global luxury blockchain. The firms said Aura represents a new way for luxury brands to communicate directly to consumers to share updates on the quality of their…

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Christie’s Magnificent Jewels auction achieves £25.4m sales

Christie’s has announced that its Magnificent Jewels New York auction achieved a total of $34.96m (£25.4m) in sales. Christie’s said that the auction received “global participation”, with registered bidders coming from 40 countries across five continents. The 13 April sale was led by The Perfect Palette, a trio of coloured…

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Christies to hold Magnificent Jewels Auction in April

Christie’s has announced it will be holding the Magnificent Jewels live auction on 13 April and an online sale from 8-20 April which will include 217 lots, with estimates ranging from $10,000 (£7,290) to $2.5m (£1.8m). The auction will include a selection of colourless diamonds, coloured diamonds, and gemstones, along…

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Simone Jewels to debut in HOL’s second virtual trunk show

Celebrated luxury jewellery brands, Yeprem , Maya, Terzihan and Simone Jewels have been announced to make their debut in the House of Luxury’s (HOL) second virtual trunk show going live on today (27 April). Inside a three-dimensional, HD virtual environment, shoppers will be able to explore fine diamond jewellery by…

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Louis Vuitton owner bids to take over Tiffany and Co

Luxury group, LVMH, has confirmed it is in talks to takeover Tiffany and Co. LVMH said in a statement yesterday (28 October): “In light of recent market rumours, the LVMH Group confirms that it has held preliminary discussions regarding a possible transaction with Tiffany’. There can be no assurance that…

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