Jewellery news and archive

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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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...

People

Jewellery brand Tutti names new managing director

Contemporary jewellery and lifestyle brand Tutti has appointed former Whistles executive Helen Williamson as its fractional managing director. Based in North Shields, Tyne and Wear, Tutti has allowed Williamson, who has more than 30 years of experience in the fashion industry, holding C-Suite roles at Whistles, Hobbs and Ted Baker, to return to...

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Signet Jewelers announces new senior leadership appointments

Signet Jewelers Limited, the world's largest retailer of diamond jewellery, which includes H. Samuel and Ernest Jones, has announced new senior leadership appointments, including a new president of Kay Jewelers and Peoples Jewellers. In a statement, Signet Jewelers named Yulie Yoakum as president of Kay Jewelers and Peoples Jewellers, Stacee...

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GLD secures growth investment led by MarcyPen Capital Partners

International lifestyle jewellery brand GLD announces a strategic growth investment round led by MarcyPen Capital Partners, alongside GLD founder Christian Johnston reinvesting in the company to “unlock the next wave of growth”. The investment comes as H.I.G. Growth Partners sells its majority stake in GLD to MarcyPen, a next-generation...