Current Diamond Council of America President and CEO Terry Chandler is set to retire in January 2026.
Louis Vuitton Wants to Turn This Dark Diamond into Jewelry
Called the Sewelô, it weighs 1,758 carats and was mined in Botswana.

Vancouver—Lucara Diamond Corp., the mining company that has turned up two 1,000-carat-plus diamonds in four years, just found a home for another big stone.
The company announced Wednesday it’s collaborating with iconic French fashion brand Louis Vuitton and diamond manufacturer HB Company to cut the 1,758-carat Sewelô diamond and turn it into a jewelry collection.
It is the second-largest gem-quality, or near gem-quality, diamond ever found, ranking behind only the 3,106-carat Cullinan.
Lucara recovered the stone last April from its Karowe Diamond Mine in Botswana.
Karowe is the same mine where Lucara found the 1,109-carat Lesedi La Rona, but the Sewelô is not likely to produce the same quality of stones as the Lesedi, which yielded a 302-carat D-color diamond, among others.
The Sewelô looks dark, like an industrial diamond, and has been characterized as “near-gem of variable quality,” with recent analysis confirming: manufacturers will be able to cut some higher-quality white diamonds from it.
HB Company, which is based in Antwerp, will work with Lucara and Louis Vuitton to plan, cut and polish the diamond.
Lucara said it will receive an immaterial amount of money up front for the rough but will retain a 50 percent interest in the polished diamonds that result. Five percent of all retail sale proceeds from the jewelry collection will be invested in community-based initiatives in Botswana that Lucara undertakes.
Louis Vuitton is one of a handful of top fashion brands putting more emphasis on fine jewelry, adding two former Tiffany executives to its staff in recent years.
The brand named Francesca Amfitheatrof its new artistic director of watches and jewelry in April 2018. Amfitheatrof was the former design director at Tiffany.
In October of that same year, Tiffany marketing executive Catherine Lacaze became Louis Vuitton’s director of jewelry and watches.
The Latest

The company's Series A shares will continue to trade following a reverse stock split while its Series B shares will be delisted.

Communicating clearly with your staff is key to navigating turbulent times, writes columnist Peter Smith.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The “Inner Journey” collection debuted as the brand celebrated its 25th anniversary, with designs inspired by Morais’ journey.


Tanishq is expanding its presence in the United States with a new store in Santa Clara, California, which is its largest in the country.

Sales for Richemont’s four jewelry brands increased 8 percent, while watch sales picked up toward the end of the year.

Supplier Spotlight Sponsored by GIA

Two scholarships are available, one for new and non-members and another for NAJA certified members.

The retailer’s new flagship is set to open in October at the Tuscan Village development in Salem, New Hampshire.

Plus, parent company Saks Global announces plans to cut ties with up to 600 vendors.

Peter Smith joined Michelle Graff to chat about the state of brick-and-mortar stores and share a few book and podcast recommendations.

The necklace features a candy-colored Australian white opal in 18-karat Fairmined gold, as the brand was named a Fairmined ambassador.

Sponsored by the Las Vegas Antique Jewelry and Watch Show

A private American collector purchased the 10-carat fancy vivid blue diamond.

The designer has taken the appeal of freshly picked fruit and channeled it into a capsule collection of earrings, necklaces, and pendants.

Around 54 million Americans and counting live with a disability. Here’s how to make your jewelry store and website more accessible.

The event is also accepting poster submissions now through June 16.

Before Pope Leo XIV was elected, a centuries-old procedure regarding the late pontiff’s ring was followed.

The one-of-a-kind platinum Rolex Cosmograph Daytona was estimated to fetch up to $1.7 million.

While the product has entrenched itself in the market, retailers and consultants are assessing the next phase of the category’s development.

The police are trying to identify the man suspected of robbing two Tiffany & Co. locations in the area.

The well-known Maine jeweler takes over for Brian Fleming and will serve a one-year term.

The donation was the result of the brand’s annual Earth Day Ingot event.

Located in NorthPark Center, the revamped store is nearly 2,000 square feet larger and includes the first Tudor boutique in Dallas.

The nonprofit has made updates to the content in its beginner and advanced jewelry sales courses.

BIJC President Malyia McNaughton will shift roles to lead the new foundation, and Elyssa Jenkins-Pérez will succeed her as president.