Reena Ahluwalia’s Award-Winning Diamond Necklace to be Showcased in Oscars Celebrity Suite

Canoe diamond necklace

Toronto-based jewelry designer Reena Ahluwalia was recently honored as a winner of the Rio Tinto Diamonds Global Design Competition for her “Canoe” diamond necklace. It will be among winning designs that will be showcased at the annual Academy Awards 2012 with a chance to be selected and worn on the red carpet by Hollywood’s elite.Set in 18K white gold, with 28.96 carats

Blue Nile Q4 Sales Down 2.1%

Online diamond and jewelry retailer, Blue Nile, Inc., said Wednesday that net sales for the fourth quarter decreased 2.1 percent, year-over-year, to $112.3 million due to a decline in high-end diamond sales and a rise in commodity prices.

Operating income for the quarter, ended January 1, was $6.3 million, compared to $9.2 million in the fourth quarter of 2010. Net income for the fourth

Elizabeth Taylor Auction Fetches Nearly $116 Million

The pool of people receiving bids by phones.

NEW YORK - By any measure the first night of the Collection of Elizabeth Taylor auction on Tuesday at Christie’s New York was, as the auction houses often say, exceptional. The auction of some of Elizabeth Taylor’s most precious jewels took in nearly $116 million, a world record for a private collection of jewels.

All 80 lots offered were sold and

Graff Plans Asian Expansion

The Graff Diamonds store on New Bond Street, London.

Graff Diamonds Ltd. is planning to file an initial public offering, most likely in Hong Kong, in order to fund its expansion into Asia, according to several reports.The London-based company, owned by Laurence Graff, is using the IPO to raise $1 billion and increase the value of the company to $5 billion, the Financial Times (subscription

ATM Dispenses Diamond Jewelry, Gold and Silver

Bollywood star Raima Sen unveils Luxury ATM in Mumbai.

Why accept money from an ATM when you can get diamond jewelry, gold or silver?

A company in India has built what it says is the world’s first machine that dispenses gold, silver, diamond jewelry and religious jewelry.

The Gitanjali Group, the machine’s creator, is calling it an ATM, but I think a vending machine would also be an apt

Blue Nile: ‘Man Up’ and Say ‘I Do’

Blue Nile is fed up with mamby pamby men who are afraid of commitment. To revive the chivalrous spirit of yesteryear, the online diamond and jewelry retailer, is throwing down the gauntlet, asking, “Are You Man Enough to Say ‘I Do’?” The man who tells the ultimate story of masculinity will receive the company's assistance to do the manliest thing of all: Step up, take a knee, and earn his place

New Jewelry from Near and Far at the Hong Kong Show

A carved jadeite leaf pendant with diamond setting from Unique Brilliant Ltd., based in Hong Kong.

With more than 3,400 exhibitors from 46 countries and regions, the September Hong Kong Jewellery & Gem Fair is a place to see new jewelry from around the world. For many of these companies it is their only opportunity to have their products seen in an international setting.
What follows is a

Jessica Simpson, Zale to Launch Jewelry Collection

Jessica Simpson will launch a diamond fashion jewelry collection available at Zale Corp. branded stores beginning in October.

The Dallas-based jewelry retailer made the announcement Tuesday. The Jessica Simpson collection will feature rings, earrings, pendants and bracelets, available in a range of affordable price points, the company said. Simpson’s collection will be offered exclusively at

Kim Kardashian’s Wedding Band and Wedding Day Jewelry

The wedding band is shown with Kardashian’s 20.5-carat engagement ring. Photo source: entertainmentwise website

Jewelry designer Lorraine Schwartz played what appears to be an exclusive role in Kim Kardashian’s jewelry for her August 20 wedding to Kris Humphries.

“Kim chose a diamond eternity band set in platinum by Lorraine Schwartz, approximately 12 carats, with an estimated price tag

Tiffany Still Riding High, Reports Strong Growth in all Regions, Raises Earnings Forecast

Tiffany & Co. said Friday that worldwide net sales in the second quarter increased 30 percent year-over-year to $872.7 million due to strong growth in all geographic regions. Excluding the effect of translating foreign-currency-denominated sales into U.S. dollars, worldwide net sales increased 24 percent and comparable store sales rose 22 percent.

The luxury retail jeweler said net earnings

Blue Nile Q2 Sales Up 5.1%, Net Income Up 1.3%

Online diamond and jewelry retailer, Blue Nile, Inc., reported Thursday that net sales increased 5.1 percent, year-over-year, to $80.5 million, a record second quarter sales level. Net income totaled $2.8 million, up 1.3 percent.
Despite the growth in revenue, increasing diamond and precious metals prices as well as weak consumer sentiment has had a negative impact on sales, particularly in its

Royal Asscher Walks on the Wild Side with its ‘Shining Stars’ Collection

18k rose gold ring with plating on sterling silver, floating-diamonds and black enamel. $1,950.  Photo credit: Royal Asscher


Toronto-based jewelry designer Reena Ahluwalia has been keeping busy updating the designs of Royal Asscher’s “Stars of Africa” jewelry collection. This new, affordable line, called “Shining Stars,” is made with new materials and designed to be a touch “wilder,” than the

Blue Nile Sets First Quarter Sales Record

Blue Nile, Inc. reported Thursday that net sales for the first quarter of 2011 increased 8.3 percent to $80.2 million, a first quarter record for the diamond and fine jewelry online retailer. Operating income for the quarter totaled $3.5 million. Net income totaled $2.4 million."We delivered record first quarter sales reflecting the strength of our consumer proposition and our relentless focus

Enzo Targets Underserved $10 Billion Wedding Market

Chinese jewelry retailer Enzo launched the  “All About Love” jewelry collection that targets China's vast wedding market. The collection, unveiled at Enzo's 20,000 square foot flagship store in Macau, features colored gemstones and diamond products that enable consumers to create personalized jewelry sets for engagements, weddings and anniversaries. 
(Caption: Asian celebrities Aarif Lee and

The Big Bold Bling of Jacob & Co.

Jacob & Co. Ladybug Cocktail Ring
BASEL, Switzerland – It took an hour for my eyes to adjust to normal light after visiting the Jacob & Co. showroom at Baselworld. The multi-carat, multi-colored diamond and gemstone jewelry was a blinding spectacle of glitter and sparkle. The following is a short and modest list of jewelry selected from the high-bling bauble parade I witnessed.

The Novelty

Sotheby’s Sees Red in Upcoming Hong Kong Jewelry Auction

1.92-carat VS2 fancy red diamond ring.

China now has 115 billionaires, according to Forbes magazine, and it appears Sotheby’s is making every possible effort to attract these super-rich residents as well as other high-net-worth individuals from the Asian countries with its Magnificent Jewels and Jadeite Spring Sale 2011 in Hong Kong.
The international auction house is presenting a display of

De Beers 2010 Sales Up 53 Percent

De Beers Group said Friday that total diamond sales in 2010 increased 53 percent year-over-year to $5.88 billion. Sales of rough diamonds in 2010 by the Diamond Trading Company (the rough diamond distribution arm of De Beers) totaled $5.08 billion, compared with 3.23 billion in 2009.The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) grew to $1.43 billion, an

Blue Nile Reports Double-Digit Q4 and Full-Year Sales Increases

Blue Nile, Inc. said Thursday that year-over-year net sales increased 11.5 percent to $114.8 million for the fourth quarter of 2010. Operating income for the period, ended January 2, rose 11.8 percent to $9.2 million. Net income increased 13.6 percent to $6.2 million for the period. For the full year, the online diamond and jewelry retailer said net sales increased 10.2 percent to $332.9 million