Sotheby’s will auction the diamond, which it says is “arguably the most significant pink diamond to ever appear at auction,” in June.
WWD Shutters Weekly Publication
The fashion trade journal, which was a daily publication at one point, also laid off eight people.
New York--Women’s Wear Daily has ceased publication of its now-weekly magazine and laid off eight staff members, a spokesperson for Penske Media Corporation confirmed to National Jeweler.
The fashion industry trade journal, which was once a daily newspaper, now will produce print editions for key markets and collection seasons only as it diverts resources to online content.
WWD, which is also known as “the Bible of fashion,” was started in 1910 by Edward Fairchild.
The publication changed hands several times over the years--Fairchild Publications was sold by the Walt Disney Company to Advance Publications (parent company of Condé Nast), which in turn sold WWD to Penske Media Corp.--and in March 2015 cut back from daily to weekly publication.
Now, the publication will focus its efforts online with its daily digital content delivery system that brings its readers fashion, beauty and retail news every morning in the Digital Daily edition of WWD.
The Penske spokesperson said while eight employees were let go when production of the weekly magazine was halted, the publication has hired for three new editorial positions in recent weeks and will continue to fill editorial openings to support new columns and features such as WWD Dirt, CEO Talks and Digital Download.
“We have listened to our readership and re-examined our technology platform in an effort to bring our dedicated readers the news, with the frequency and with the business intelligence needed by the industry,” said Editor-in-Chief Miles Socha, who succeeded longtime WWD editorial head Ed Nardoza in December. “Personally, I am excited to dive into a new era for digitally driven media.”
The Swiss watchmaker introduced 17 new models at Watches & Wonders Geneva.
At Watches & Wonders, the Swiss brand unveiled a follow-up to last year’s Tonda PF GMT Rattrapante.
Distinguishing natural diamonds from laboratory-grown stones – now more available than ever – has been difficult for jewelers. Until now.
The “rêve” collection’s engagement rings and wedding bands are geared toward “sustainability minded customers.”
A new word appears on the dial each day of the week.
Bensons Jewelers closed for good Feb. 24, impacted in part by the decline in foot traffic downtown since the onset of the pandemic.
De Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.
Kolja Kiofsky has been with the crystal and jewelry company since 2010.
The Kruse GWS Auctions sale will include the replica “Taj Mahal” necklace Elizabeth Taylor made with Avon as well as a costume piece Marilyn Monroe wore.
Massimo Basei is moving up, while Chief Commercial Officer Martino Pessina is stepping down.
AGTA GemFair and the Denver Gem & Mineral Show also will have a presence on the show floor.
Sold by Christie’s Hong Kong, this masterwork of complications now holds the record for most expensive watch ever auctioned online.
The watch company expects first-quarter sales to fall as much as 15 percent due to inflation and tough comps.
Adam O’Grady, general manager of the Lightbox Lab, has taken on the new role and will report directly to Lightbox CEO Antoine Borde.
The watch marketplace gathered data from 1.3 million collectors, highlighting the most popular timepieces and exploring value appreciation.
Burgundy has opted not to exercise its option to buy the mining claims Gibb River Diamonds currently owns.
Patented and specialty cuts now can receive an 8X Proprietary Certificate, which can be customized to include a company’s brand and logo.
The organization said it will recognize those who exemplify the idea that doing good is good business.
Kendall Jenner once again is fronting the French brand’s campaign, joined by model and dancer Alton Mason.
The CEOs of Signet, Helzberg, and GIA spoke on a water conservation panel, and had lakes named in their companies’ honor.
Sales of the sleek sterling silver and diamond design will go to nonprofit organization charity: water.
Expected to earn up to $4.5 million, the “Jarretière” bracelet is the star of Christie’s “The Magnificent Jewels of Anne Eisenhower” sale.
With jewelry sales coming down from their pandemic highs, retailers need to do all they can to retain existing customers, Peter Smith says.
Jewelry historians, authors, and experts will explore the works of Tiffany & Co., Oscar Heyman, Verdura, and more.
Johnson joined the retailer in 1987, establishing its first human resources department.
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