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Pandora names new chief product officer

Jewellery brand Pandora has announced that former Michael Kors executive Philippa Newman will join the company as its new chief product officer on March 9 to ensure that creativity is “consistently translated into scalable product newness”. Newman, who has more than 25 years of experience from global luxury fashion and accessories brands, will...

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Business

MadaLuxe Group announces acquisition in jewelry brand Ippolita

Luxury goods company MadaLuxe Group has acquired a majority stake in New York-based fine jewelry brand Ippolita. The acquisition comes as MadaLuxe Group continues to expand its existing portfolio of fashion and lifestyle brands, which includes premium tequila brand Tequila Enemigo. Financial terms of the deal were not disclosed. “We are thrilled...

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BuDhaGirl acquires French brands Kumali and ShanShan

US-based lifestyle brand BuDhaGirl is expanding its global presence with the acquisition of two French jewellery brands, Kumali and ShanShan. BuDhaGirl, which is rooted in the belief that beauty becomes meaningful when paired with ritual, and known for its All Weather Bangles, is utilising the acquisition to the Zen Collective, a new holding...

Fashion

Mellon Blue diamond sells for 25.6 million dollars

The Mellon Blue, a 9.51-carat fancy vivid blue diamond formerly owned by the US art collector Bunny Mellon, sold for 25.6 million dollars at auction on Tuesday. The diamond was sold by auctioneers Christie's in Geneva as part of its Magnificent Jewels sale in the Swiss city. The gem sold for 20,525,000 Swiss francs at the Hotel des Bergues,...

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Pandora opens offices in Singapore to drive regional expansion

Jewellery brand Pandora, headquartered in Copenhagen, Denmark, has opened new regional offices in Singapore to drive its strategy to accelerate growth across Asia. The new regional headquarters will oversee Pandora’s Asia Cluster, serving as a central hub to support growth in key markets, including Japan, South Korea, and India, covering a mix...

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Culture

Thieves strike Louvre Museum in daring daylight jewellery heist

Just as the slick capers of the TV series Lupin captured imaginations with daring thefts at the Louvre, this past Sunday morning a real-life iteration played out, only with far more serious consequences. The world’s most-visited museum was forced to shut down while French authorities sift through one of the most audacious cultural robberies of...

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Fashion

Sarah Jessica Parker backs lab-grown diamond brand Astrea

Actress Sarah Jessica Parker, best known for her role as Carrie Bradshaw in ‘Sex and the City’, is teaming up with London-based lab-grown diamond brand Astrea to bring to life “her creative vision for the future of diamonds”. Parker, who shut her namesake footwear brand, SJP by Sarah Jessica Parker, last year, and has previously collaborated...

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Pandora to drive US expansion with new distribution centre in Maryland

Jewellery brand Pandora, headquartered in Copenhagen, Denmark, is opening a new distribution centre in Maryland to power its US expansion, marking a long-term commitment to the country, which is its largest and fastest-growing region. In a statement, Pandora said it will be relocating its Americas distribution centre from Columbia, Maryland, to...

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Business|CEO Interview

Premiumisation and North American expansion mark PdPaola's 10 years

On the verge of celebrating its tenth anniversary, the Spanish jewellery firm PdPaola, created by siblings Paola and Humbert Sasplugas, is at a decisive moment in its global evolution. Under the leadership of Jason McNary, appointed CEO of the North American subsidiary in August 2024, the company has completed its first year of operations in the...

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Claire's to sell North American operations amid bankruptcy proceedings

Claire's Holdings LLC, the operator of Claire's and ICING stores in the U.S. and Gibraltar, has entered into an agreement with an affiliate of Ames Watson, a private holding company, for the acquisition of its North American business operations. This move follows the company's decision to begin Chapter 11 bankruptcy proceedings in the U.S., as...

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Pandora reports strong Q2 despite economic headwinds

In the second quarter of 2025, Pandora delivered strong revenue growth and healthy margins, navigating a turbulent global economy marked by currency fluctuations, tariffs, and rising commodity prices. The company reported 8 percent organic growth to 7,075 million Danish krone for the quarter, with a 3 percent increase in like-for-like sales and...

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Jewellery brand Fabergé sold for 50 million dollars to US investor

The parent company of Fabergé Limited, best known for its luxury egg designs, has sold the brand to SMG Capital for a sum of 50 million dollars. With this, Gemfields, now the former owner of the jewellery label, brings to an end its strategic review, which has been ongoing since December 2024. Of the total sale price, 45 million dollars will be...