The stone’s two zones, one pink and one colorless, may have formed at two different times, the lab said.
Jacob now back at the helm of Jacob&Co.
Chris Del Gatto has resigned as global CEO of Jacob & Co. to start a jewelry buying company, leaving Jacob Arabo to head his eponymous company.
New York---Chris Del Gatto has resigned as global CEO of Jacob & Co. to start a jewelry buying company, leaving Jacob Arabo to head his eponymous company.
Del Gatto left Jacob & Co. in September after a year in the position and is now chairman of The Del Gatto Luxury Group.
He said with the group, he aims to start a number of companies under one umbrella that focus on jewelry as well as other luxury categories. He has launched one company under the Del Gatto umbrella, Luxury Solutions, which buys overstock and second-hand inventory from jewelry and watch retailers, brands and distributors worldwide.
Del Gatto said in addition, the company will begin buying from the public in 2015 and is in the process of locating its offices and assembling a marketing campaign.
He said his “understanding and experience” in this particular segment of the luxury market will give all sellers confidence that their items will be handled with respect and discretion.
Prior to his time at Jacob & Co., Del Gatto spent 11 1/2 years at Circa, the jewelry buying company he co-founded in 2001 and led as chairman and CEO until his departure in August 2012. At the time, Circa stated that its co-founder had taken an “indeterminate leave of absence” and refused to give a reason for his departure.
RELATED CONTENT: Circa CEO exits company indefinitely
Del Gatto never returned to Circa from his “leave of absence” and joined Jacob & Co. that October. He came on board at a time of change for the company, which was in the midst of rebranding that debuted at Baselworld last year.
He said once he felt the job of rebranding Jacob & Co. was “in hand,” he decided to return to building his own companies, something he’s always wanted to do. “The Del Gatto Luxury Group is the realization of a lifelong dream of mine--to create a group of companies under one umbrella that represents the best in class in their respective categories,” Del Gatto said.
Jacob & Co. founder and Chairman Jacob Arabo is now acting as operating CEO and the company said there are no plans at this time to hire another CEO.
“It was a good term working together and Chris went on to pursue other interests at the end of last year,” Arabo said.
The Latest

The New York City store showcases a chandelier with 1,500 carats of lab-grown diamonds designed by an FIT student.

The Museum of Arts and Design's new exhibition features 75 pieces by the designer, best known for her work in the “Black Panther” films.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

Making its auction debut, "The Glowing Rose" is expected to fetch $20 million at the November jewelry sale in Geneva.


They were attacked on Oct. 15, as approximately 40 miners without licenses marched on the mine’s gate.

It took the masked thieves less than 10 minutes to steal eight irreplaceable jewels from two display cases in the museum’s Apollo Gallery.

The upcoming show provides savvy retailers with the opportunity to stock their cases with best sellers in advance of the holiday season.

Gemologist Lauren Gayda has previously worked at The Clear Cut, Taylor & Hart, and Effy Jewelry.

In 2026, the jewelry retailer will celebrate a milestone only a small percentage of family-owned businesses survive to see.

The new showcase dedicated to Italian jewelry design is set for Oct. 29-30.

Take a gaze at the sky with this pair of platinum diamond-set star earrings with blue lace agate drops.

Jeffrey Zimmer's decades of leadership at Reeds Jewelers are defined by integrity, a love of sourcing gemstones, and a heart for community.

The new high jewelry design and production process takes 30 days or less from concept to completion, the auction house said.

The brand has released a second installment of its collection of traditional and non-traditional commitment heirlooms.

Corey rescued New England chain Day’s Jewelers, preserving its legacy with strong people skills, pragmatism, and a “get-it-done” attitude.

Charles Robinson Shay was sentenced to life in prison plus 120 years while his accomplice, Michael James McCormack, got 75 years.

Timepieces at Luxury will take place at The Venetian and, like Luxury, will be invitation-only for the first two days.

The auction house named a new global head of jewelry, as well as a new head of the jewelry department for the Americas.

As chairman of Schwanke-Kasten Jewelers, Tom Dixon has been tasked with honoring the past and shaping the future of the family-run store.

Katty Villapando Lyte and Mica Rencher received a $10,000 grant for their business, Shimmer Culture LLC.

The parents of the Dallas Mavericks rookie bought their engagement ring at a Day’s store in Bangor, Maine, in 1997.

The UK-based brand sourced the gemstones, which are fully traceable, from an artisanal mining community in Tanzania.

The trio of Advent calendars include a version with 18-karat gold and lab-grown diamond jewelry in a red lacquer jewelry box.

Created in collaboration with Nymphenburg Porcelain, the lock is part of a four-piece collection that took two years to bring to fruition.

Jewelry industry veteran Alisa Bunger has taken on the role.

The company and industry leader’s two-decade tenure with De Beers will come to a close at the end of the month.