Jewellery Business Magazine

07/02/2024

For centuries, natural or fine pearls have been the gem of choice for powerful figures throughout the world. Yet, the unique history of one pearl, discovered 445 years ago, sets it apart from others of its kind.

07/02/2024

A pink diamond ring stole the show at Christie’s New York’s Magnificent Jewels auction—surpassing its estimated value to bring in US$13.3 million (C$18.2 million). The ring, called the Eden Rose, features a 10.20-carat round brilliant, fancy-intense pink, internally flawless type IIa diamond as its centerpiece, complemented by a surrounding ensemble of eight pear brilliant-cut diamonds and two marquise brilliant-cut diamonds.

A pink diamond ring stole the show at Christie’s New York’s Magnificent Jewels auction—surpassing its estimated value to bring in US$13.3 million (C$18.2 million). The ring, called the Eden Rose, features a 10.20-carat round brilliant, fancy-intense pink, internally flawless type IIa diamond a...

07/02/2024

The global luxury powerhouse LVMH recently expanded its watch selection by acquiring Swiss watchmaker Swiza, known for its ownership of high-end clock and objets d’art manufacturer L’Epée 1839. While specific terms remain undisclosed, it has been confirmed that L’Epée will integrate into LVMH’s watchmaking division, run by Frédéric Arnault. Arnaud Nicolas, CEO and creative director of L’Epée, will retain his role overseeing the company’s operations.

Global luxury conglomerate LVMH recently expanded its watch selection by acquiring Swiss watchmaker Swiza, known for its ownership of high-end clock and objets d’art manufacturer L’Epée 1839. While specific terms remain undisclosed, it has been confirmed that L’Epée will integrate into LVMH....

07/02/2024

Alpine International extends its heartfelt congratulations to Maurice and Ed Perrin of H.W. Perrin on their retirement. We express our deep gratitude to H.W. Perrin for their excellent partnership and unwavering commitment to providing outstanding service and customer care in offering Alpine's products for more than two decades.

Alpine International extends its heartfelt congratulations to Maurice and Ed Perrin of H.W. Perrin on their retirement. We express our deep gratitude to H.W. Perrin for their excellent partnership and unwavering commitment to providing outstanding service and customer care in offering Alpine's produ...

06/30/2024

Many jewellery retailers and sales associates are well-versed in the bridal arena and know how to help brides and brides-to-be select engagement rings and wedding bands. Grooms, on the other hand, can prove to be a bit more challenging. For many men, the wedding ring is the first piece of daily-wear jewellery they buy. For others, jewellery—and rings in particular—may not be new territory at all. Yet, there are a few points of consideration that smart sales associates can share with grooms-to-be.

06/29/2024

The Jewelry Symposium (TJS), formerly the Santa Fe Symposium, recently concluded its second jewellery tech gathering. The international event dedicated to advancing jewelry manufacturing technology hosted over 100 attendees—including jewellery makers, students, and specialists—gathered to discuss critical topics and challenges related to jewellery making in the 21st century.

The Jewelry Symposium (TJS), formerly the Santa Fe Symposium, recently concluded its second jewellery tech gathering. The international event dedicated to advancing jewelry manufacturing technology hosted over 100 attendees—including jewellery makers, students, and specialists—gathered to discus...

06/28/2024

Don’t miss your chance to shine! The Canadian Gemmological Association (CGA) calls on all Canadian jewellery design students to participate in the 2024 CGA Emerging Artist Design Competition. Send in your design by the July 15, 2024, deadline for an opportunity to receive recognition and cash prizes.

Don’t miss your chance to shine! The Canadian Gemmological Association (CGA) calls on all Canadian jewellery design students to participate in the 2024 CGA Emerging Artist Design Competition. Send in your design by the July 15, 2024, deadline for an opportunity to receive recognition and cash priz...

06/18/2024

Jewellery industry professionals gathered in downtown Toronto on May 27 and 28 for European Design's highly anticipated Test Drive Event. Held at their showroom on 55 Queen St. E, the event showcased cutting-edge technology and tools from leading global manufacturers, offering attendees a firsthand glimpse into the future of jewellery crafting.

Jewellery industry professionals gathered in downtown Toronto on May 27 and 28 for European Design's highly anticipated Test Drive Event. Held at their showroom on 55 Queen St. E, the event showcased cutting-edge technology and tools from leading global manufacturers, offering attendees a firsthand....

06/18/2024

One of the hottest trends in the bridal market of late is the concept of versatility. Many brides are planning multiple looks for the various occasions surrounding their wedding ceremony. For evidence, look no further than the bespoke, yet co-ordinated, Chanel outfits Sofia Richie wore at her star-studded wedding in the South of France. Richie had one look for her rehearsal ensemble, another for the wedding ceremony, and yet another for the reception. Versatile options, in both fashion and jewellery, allow the bride to personalize her magical moments.

One of the hottest trends in the bridal market of late is the concept of versatility. Many brides are planning multiple looks for the various occasions surrounding their wedding ceremony. For evidence, look no further than the bespoke, yet co-ordinated, Chanel outfits Sofia Richie wore at her star-s...

06/17/2024

Bill C-208, which became law on June 29, 2021, represented a significant milestone in Canadian tax legislation, particularly for families considering intergenerational business transfers (IBTs). This private member’s bill aims to provide certain family businesses with the opportunity to access the lifetime capital gains deduction on intergenerational transfers, aligning their tax treatment with businesses sold to third parties.

Bill C-208, which became law on June 29, 2021, represented a significant milestone in Canadian tax legislation, particularly for families considering intergenerational business transfers (IBTs). This private member’s bill aims to provide certain family businesses with the opportunity to access the...

06/17/2024

Swiss luxury goods group Richemont has recently announced its acquisition of Italian jewellery maison Vhernier S.p.A. This addition to Richemont’s portfolio integrates Vhernier alongside jewellery maisons like Cartier, Van Cleef & Arpels, and Buccellati.

06/17/2024

Christie's London is set to host a two-part auction featuring an array of items from the personal collection of late British fashion icon Vivienne Westwood. The auction, titled "Vivienne Westwood: The Personal Collection," comprises over 200 lots of dresses, suits, shoes, and jewellery looks spanning 40 years. With proceeds aimed towards charitable causes, the auction will begin as a live sale on June 25 and an online auction from June 14-28.

Christie's London is set to host a two-part auction featuring an array of items from the personal collection of late British fashion icon Vivienne Westwood. The auction, titled "Vivienne Westwood: The Personal Collection," comprises over 200 lots of dresses, suits, shoes, and jewellery looks spannin...

06/17/2024

Pharrell Williams, who recently debuted as Louis Vuitton's men's creative director, has now teamed up with LVMH-owned Tiffany & Co. to launch a new jewellery collection. The line, named Tiffany Titan, features Greek mythology inspired necklaces, earrings, bracelets, and rings. Each design features an angular spear-shaped motif paired with softly curved links.Pharrell Williams, who recently debuted as Louis Vuitton's men's creative director, has now teamed up with LVMH-owned Tiffany & Co. to launch a new jewellery collection. The line, named Tiffany Titan, features Greek mythology inspired necklaces, earrings, bracelets, and rings. Each design features an angular spear-shaped motif paired with softly curved links.

Pharrell Williams, who recently debuted as Louis Vuitton's men's creative director, has now teamed up with LVMH-owned Tiffany & Co. to launch a new jewellery collection. The line, named Tiffany Titan, features Greek mythology inspired necklaces, earrings, bracelets, and rings. Each design features a...

06/12/2024

A delegation from the Gem and Jewellery Export Promotion Council (GJEPC) recently toured Brazil, Colombia, and Panama to explore markets, boost India’s exports, and strengthen economic ties in the Latin American and Caribbean (LAC) region. From May 21 to 29, the group led by GJEPC chairman Kirit Bhansali, worked to bolster India’s gems and jewellery exports by building stronger economic ties and facilitating collaborative opportunities in Latin America, thereby driving growth in the Indian gems and jewellery sector.

A delegation from the Gem and Jewellery Export Promotion Council (GJEPC) recently toured Brazil, Colombia, and Panama to explore markets, boost India’s exports, and strengthen economic ties in the Latin American and Caribbean (LAC) region. From May 21 to 29, the group led by GJEPC chairman Kirit B...

06/04/2024

The Gem & Jewellery Export Promotion Council (GJEPC) organised India Pavilion at the 2024 JCK Las Vegas trade show, continuing its presence at this key event for the 19th consecutive year.

06/04/2024

A 31-year-old man has been charged following a robbery at a jewellery store in Toronto’s Queen St. W. and Spadina Ave. area. According to police, the suspect allegedly entered the store and immediately began threatening staff with a knife, demanding they hand him merchandise. Having gathered a large quantity of jewellery, the man fled the scene on foot.
According to Toronto Sun (https://buff.ly/4bZGKem), responding officers soon tracked down and apprehended the man. The suspect has since been identified as Ryan Comeau.
At the time of his arrest, law enforcement officials were able to recover some of the stolen jewellery. Comeau now faces multiple charges, including robbery with an offensive weapon, weapons dangerous, possession of property obtained by crime, and failure to comply with a probation order.
Authorities are urging anyone with information regarding the incident to contact the police.

A 31-year-old man has been charged following a robbery at a jewellery store in Toronto’s Queen St. W. and Spadina Ave. area. According to police, the suspect allegedly entered the store and immediately began threatening staff with a knife, demanding they hand him merchandise. Having gathered a lar...

06/03/2024

De Beers has announced its intention to discontinue the production of lab-grown diamonds for its Lightbox consumer brand, marking the conclusion to the company’s six-year venture into lab-grown diamond jewellery. Instead, Lightbox will transition entirely to natural diamond jewellery.

De Beers has announced its intention to discontinue the production of lab-grown diamonds for its Lightbox consumer brand, concluding the company’s six-year venture into lab-grown diamond jewellery. Instead, Lightbox will transition entirely to natural diamond jewellery.

06/03/2024

Kitchener, Ont.’s Cadillac Fairview Park Mall faces its second armed jewellery robbery in two weeks. Police confirmed four male suspects, armed with hammers, had stormed the store on a weekday night. They reportedly fled the scene in a dark sedan, with a fifth individual acting as their getaway driver. One person suffered minor physical injuries as a result of the incident.

Kitchener, Ont.’s Cadillac Fairview Park Mall faces its second armed jewellery robbery in two weeks. Police confirmed four male suspects, armed with hammers, had stormed the store on a weekday night. They reportedly fled the scene in a dark sedan, with a fifth individual acting as their getaway dr...

06/03/2024

Antwerp World Diamond Centre (AWDC) has issued a statement advocating for modifications to the proposed G7 diamond sanctions, asserting that Antwerp need not be the primary "rough node" for the new G7 certification system created to filter out Russian diamonds from the worldwide diamond market.

06/03/2024

British retailer Watches of Switzerland Group recently announced their acquisition of the U.S. division of Italian jewellery brand Roberto Coin Inc. For a hefty sum of US$130 million (approximately C$177 million), Watches of Switzerland gains exclusive distribution rights to Roberto Coin jewellery across the United States, Canada, the Caribbean, and Central America.

British retailer Watches of Switzerland Group recently announced their acquisition of the U.S. division of Italian jewellery brand Roberto Coin Inc. For a hefty sum of US$130 million (approximately C$177 million), Watches of Switzerland gains exclusive distribution rights to Roberto Coin jewellery a...

05/23/2024

Diamond cuts—the shape, proportions, and arrangement of facets in a diamond—are often judged by their relation to light. Brilliance, fire, scintillation, and overall appearance play into a diamond’s assigned value. Before the advent of electricity, the best way to ascertain a diamond’s brightness was to hold it up to candlelight. The ideal cut for such subtle lighting was the rose cut, as captured candlelight shone right through it.

Diamond cuts—the shape, proportions, and arrangement of facets in a diamond—are often judged by their relation to light. Brilliance, fire, scintillation, and overall appearance play into a diamond’s assigned value. Before the advent of electricity, the best way to ascertain a diamond’s brigh...

05/22/2024

A jeweller’s life is never complete without a few topaz along the way. It’s hardness, along with its high reflectivity and lustre make for a dependable gemstone in any jewellery store. Well known in different shades of blue and yellow, this gem is considered inexpensive and hard enough to be great practice stones for a setter willing to learn the trade, or students looking to make their first jewellery collection without emptying their pockets.

A jeweller’s life is never complete without a few topaz along the way. It’s hardness, along with its high reflectivity and lustre make for a dependable gemstone in any jewellery store. Well known in different shades of blue and yellow, this gem is considered inexpensive and hard enough to be gre...

05/22/2024

Diamonds are the forever gemstone, the eternal love symbol in marriage and the hardest gem there is. There is no doubt that diamonds play a large role in our business, but the facts are: Prices are dropping, people are hesitating, and synthetic diamonds are losing resell value. The current hesitancy to spend on diamonds, coupled with clients’ continued desire for a colourless diamond-like natural gem, point to one potential alternative: diamond replacements. While few gemstones can take the diamond’s place, natural gemstone substitutes remain within the realm of possibility for you and your customers.

Diamonds are the forever gemstone, the eternal love symbol in marriage and the hardest gem there is. There is no doubt that diamonds play a large role in our business, but the facts are: Prices are dropping, people are hesitating, and synthetic diamonds are losing resell value. The current hesitancy...

05/22/2024

Treatment processes are used to enhance the colour, clarity, durability, and appearance of gemstones, ensuring their saleability in a competitive market. While modern treatment methods guarantee the production of more attractive gems, their advancement ensures the challenging nature of treatment detection. Treatments are sometimes undertaken to deceive and defraud consumers. Depending on the treatment process, treated gems may not be durable in routine situations—such as normal jewellery wear and cleaning—and may be even more vulnerable to more extreme procedures such as heating during jewellery repairs.

Treatment processes are used to enhance the colour, clarity, durability, and appearance of gemstones, ensuring their saleability in a competitive market. While modern treatment methods guarantee the production of more attractive gems, their advancement ensures the challenging nature of treatment det...

05/21/2024

American jewellery manufacturer Stuller has released its latest 2024-25 packaging and displays catalogue, showcasing an array of new offerings designed to enhance brand presentation. With a focus on complementary colours and finishes, the newest iteration of the catalogue offers a diverse selection for retailers.

American jewellery manufacturer Stuller has released its latest 2024-25 packaging and displays catalogue, showcasing an array of new offerings designed to enhance brand presentation. With a focus on complementary colours and finishes, the newest iteration of the catalogue offers a diverse selection....

05/21/2024

Arrests have been made following two connected jewellery store robberies in Mississauga, Ont. The incidents occurred at two separate Mississauga malls within a 24-hour period—Erin Mills Town Centre and Square One. Peel Regional Police have charged two individuals from Toronto and one youth so far.

05/21/2024

A remarkable 202.18-carat fancy intense yellow fancy colour diamond stole the show at the Magnificent Jewels show in Geneva, kicking off Christie’s first live auction of the year with a flourish. Dubbed the “Yellow Rose,” the unmounted gem originating from South Africa fetched an impressive US$6.7 million (C$9.15 million). The Yellow Rose marks the third instance where a stone of its colour, weighing more than 200 carats, has appeared in auction.

A remarkable 202.18-carat fancy intense yellow fancy colour diamond stole the show at the Magnificent Jewels show in Geneva, kicking off Christie’s first live auction of the year with a flourish. Dubbed the “Yellow Rose,” the unmounted gem originating from South Africa fetched an impressive US...

05/21/2024

Due to a cyberattack rendering their website inaccessible, auction house Christie’s was forced to postpone its recent watch auction titled "Rare Watches at Christie’s Geneva." The company has referred to the the incident as a “technology security issue.”

05/17/2024

British multinational mining company Anglo American has confirmed its plans to sell its diamond subsidiary, De Beers, publicly stating that De Beers will be “divested or demerged” from its portfolio. Anglo American currently holds 85 per cent of De Beers’ shares, the remaining 15 per cent is owned by the government of Botswana.

British multinational mining company Anglo American has confirmed its plans to sell its diamond subsidiary, De Beers, publicly stating that De Beers will be “divested or demerged” from its portfolio. Anglo American currently holds 85 per cent of De Beers’ shares, the remaining 15 per cent is o...

05/05/2024

Peel police suspect that some of the gold stolen in the $20 million gold heist at Toronto, Ont.’s Pearson Airport—the largest gold theft in Canadian history and sixth largest in the world—may have been melted down in the basement of a Toronto-area jewellery store.