EditorsMar 13, 2023
Diamonds Were the 2023 Oscars’ Big Jewelry WinnerEditorsMay 02, 2023
At the Met Gala, Dua Lipa’s 200+ Carats of Diamonds Stole the Show
The Gala co-chair is the first person to don the “Tiffany Diamond” dupe, which was on display at Tiffany’s renovated New York flagship.
In a sea of pearls, Dua Lipa’s important Tiffany & Co. necklace stood out as the most statement-making jewel at the 2023 Met Gala, according to Senior Editor, Fashion, Ashley Davis.
The Friday prior to the Met Gala, held annually the first Monday in May, Tiffany & Co.’s groundbreaking New York City flagship renovation opened to the public.
At the gala, there was no mistaking that the moment belonged to Tiffany and its newly christened “Landmark” store, thanks to a career-defining fashion moment for singer and Gala Co-Chair Dua Lipa.
The Metropolitan Museum of Art Costume Institute’s spring 2023 exhibition (and, accordingly, the theme of Monday’s Met Gala) is “Karl Lagerfeld: A Line of Beauty.” The fashion designer was most revered for his work as Chanel creative director from 1983 until his death in 2019, so Met Gala guests overwhelmingly favored pearls as an ode to the French fashion house.
Strand upon strand of pearls, however, were no match for Lipa’s incredible “Tiffany Diamond” dupe.
A refresher: The “Tiffany Diamond” is the 128.54-carat cushion-cut yellow diamond Tiffany & Co. founder Charles Lewis Tiffany acquired in 1878 after it was recovered in South Africa the year prior.
Over the next nearly century-and-a-half, it has appeared infrequently but at impactful moments, the most iconic of which was when Audrey Hepburn wore the diamond in a necklace for promotional imagery for “Breakfast at Tiffany’s.”
At the gala, there was no mistaking that the moment belonged to Tiffany and its newly christened “Landmark” store, thanks to a career-defining fashion moment for singer and Gala Co-Chair Dua Lipa.
The Metropolitan Museum of Art Costume Institute’s spring 2023 exhibition (and, accordingly, the theme of Monday’s Met Gala) is “Karl Lagerfeld: A Line of Beauty.” The fashion designer was most revered for his work as Chanel creative director from 1983 until his death in 2019, so Met Gala guests overwhelmingly favored pearls as an ode to the French fashion house.
Strand upon strand of pearls, however, were no match for Lipa’s incredible “Tiffany Diamond” dupe.
The “Lucida Star” necklace was created in 2012 as a setting for the Tiffany Diamond. Now it houses a white diamond cut to the Tiffany Diamond’s exact proportions.
A refresher: The “Tiffany Diamond” is the 128.54-carat cushion-cut yellow diamond Tiffany & Co. founder Charles Lewis Tiffany acquired in 1878 after it was recovered in South Africa the year prior.
Over the next nearly century-and-a-half, it has appeared infrequently but at impactful moments, the most iconic of which was when Audrey Hepburn wore the diamond in a necklace for promotional imagery for “Breakfast at Tiffany’s.”
Embed from Getty Images
In 2012, the Tiffany Diamond was set in the “Lucida Star” necklace featuring more than 100 carats of diamonds in platinum. Lady Gaga wore the Tiffany Diamond in this iteration to accept an Oscar in 2019 and Beyonce sported it in an ad campaign in 2021.
Embed from Getty Images
On occasion of the reopening of the Tiffany & Co. flagship store, the stone was reset into a Jean Schlumberger-inspired pendant that converts to a brooch.
The high jewelry piece was shown in the store’s front window at last Wednesday’s ribbon cutting and will remain on display in one of the new store’s vitrines for all to admire.
As for the Lucida Star necklace, it got a new white diamond center stone cut to mirror the exact proportions of the yellow Tiffany Diamond, the company said.
The cushion modified brilliant cut has 82 facets, 24 more than a traditional brilliant cut.
Lipa is officially the first person to take the Lucida Star necklace with its Tiffany Diamond twin out for a spin.
The Grammy-winning singer complemented the shiner with two Tiffany & Co. rings, a platinum and diamond three-stone ring weighing more than 9 carats total, and a “Schlumberger Sixteen Stone Ring,” also in platinum and diamonds.
Embed from Getty Images
Lipa wore a white tweed Chanel bridal ballgown from the mid-1990s that Claudia Schiffer originally wore on the runway.
In my opinion, the necklace and overall ensemble was the best look of the night.
The Latest
AuctionsJun 10, 2026
31.62-Carat ‘Azure Blue’ Diamond Sells For $8M+ at Christie’sIt was a banner day for blue gemstones, with another blue diamond topping $8 million and a 41-carat sapphire going for $2.3 million.
MajorsJun 10, 2026
Saks Global Receives Bankruptcy Court Approval for ReorganizationThe approval means the retailer is on track to exit bankruptcy proceedings this summer.
CrimeJun 10, 2026
2 Suspects Arrested in Texas Jewelry Store RobberyThe men are believed to be part of the group of several masked suspects that robbed Marc Robinson Jewelers in April.
Brought to you by
All Eyes on Gold Prices. Alternatives to Look For. And What to BEWARE of in VegasAs gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.
CollectionsJun 10, 2026
Sylvie Debuts ‘Elevated’ Bridal Collection Inspired By Designer’s RingThe bridal-focused brand is also launching its Custom Atelier this summer, a digital custom design tool for its authorized retailers.
Weekly QuizJun 05, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
MajorsJun 09, 2026
Wilkerson's Russ Whitehouse RetiresThe industry veteran is bringing his 56-year run in the fine jewelry sector to an end.
Events & AwardsJun 09, 2026
Pride Month Panel to Highlight LGBTQ+ Jewelry VoicesThe panel discussion will feature LGBTQ+ leaders across the jewelry, luxury, and creative industries.
Brought to you by
How Modern Training Is Becoming a Competitive Advantage for Jewelry RetailersWith the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.
CollectionsJun 09, 2026
Marie Lichtenberg’s New Capsule Collection Is a Smash, LiterallyInspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.
MajorsJun 09, 2026
Frederick Goldman Names Director of Sales for SoutheastThe company has promoted Katherine Whitacre to the role.
MajorsJun 08, 2026
Stuller Expands Selection of Lab-Grown Diamonds, Demi-Fine JewelryThe jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.
SourcingJun 08, 2026
Sally Morrison to Depart De Beers This Summer Morrison has been marketing diamonds on and off since the early 2000s and said she is leaving to “pursue new projects.”
TrendsJun 08, 2026
Amanda’s Style File: June’s Birthstone TrioThose born in June can celebrate with pearl, alexandrite, and moonstone jewelry.
TechnologyJun 08, 2026
Overnight Mountings Launches Ring Builder PlatformThe platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.
IndependentsJun 05, 2026
Pennsylvania Jewelry Store To Close After 79 YearsJim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.
SurveysJun 05, 2026
Consumers to Cut Back on Spending Amid Rising Prices, Survey Shows When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.
CollectionsJun 05, 2026
Rebel Jewelry’s Charm Symbolizes Perseverance for Pride MonthThe “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.
SourcingJun 05, 2026
State of Diamonds: The Way Forward for Natural DiamondsThe jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.
AuctionsJun 04, 2026
Treasures from Maurice Tempelsman’s ‘Marvelous’ Life Head to AuctionUp for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.
CollectionsJun 04, 2026
Buddha Mama to Spend the Summer in AspenThe Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.
MajorsJun 04, 2026
AGS Honors Late Peter Yantzer, Holds Time Capsule CeremonyThe organization also announced its international board of directors for the 2026-2027 term.
MajorsJun 04, 2026
Neiman Marcus’ Downtown Dallas Store to Close in SeptemberSaks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.
ColumnistsJun 03, 2026
Peter Smith: When Top Talent Leaves and What It Says About YouSmith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.
GradingJun 03, 2026
GIA’s Tracr Investment Is First Step Toward Industry-Owned PlatformThe Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.
WatchesJun 03, 2026
The 1916 Company Taking Pre-Owned Rolexes on the Road, AgainThe retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.
IndependentsJun 03, 2026
Jessica Alba Is the New Face of Gabriel & Co.The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.
TrendsJun 03, 2026
State of Design: Only the Innovative Will SurviveThe price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.
