London-based investment firm Pemberton Asset Management acquired the auction house for an undisclosed amount.
Fire Polish Diamonds Has a New Name
The company, which sells diamonds with extra sparkle, will now be known as Facets of Fire.

New York—Fire Polish Diamonds has rebranded in order to strengthen its position in the market, the company announced this week.
Fire Polish Diamonds is now Facets of Fire Diamonds, a trademarked name that is accompanied by the tagline, “Love Is Better in Color.”
There is a media kit for retailers who sell the brand that features the new name and logo.
It includes imagery, a press release, brochures, an infographic, a promotional video, print ads and a co-op spot for TV.
Facets of Fire also has a new website and social media accounts, including a fresh Facebook page and an updated Instagram.
Commenting on the rebrand, Facets of Fire President and CEO Glenn Markman said: “We’re unveiling our new brand identity, evolving Fire Polish to Facets of Fire to further strengthen our breakthrough positioning for this unique product.
“With our beautiful new designs throughout the collection, more dramatic storytelling to capture the imagination of buyers, and an enriched marketing and communications plan, consumers will never look at diamonds the same way again.”
The pavilion of each Facets of Fire diamond is etched with microscopic facets—technically called diffraction gratings—that act as tiny prisms, releasing more color and sparkle in the diamond than traditional cutting techniques.
The difference can be spotted with the naked eye.
Both the Gemological Institute of America and the American Gem Society recognize the technology behind Facets of Fire, which was developed at the California Institute of Technology, as an advanced cutting technique.
It has five national and international patents.
The Facets of Fire Diamond jewelry collection features natural diamonds weighing between 0.25 and 10-plus carats.
Loose diamonds are available, as are solitaire, engagement and bridal rings, as well as bracelets, necklaces, studs, hoops, drops and huggies, all in 18-karat white or yellow gold.
The Latest

The workshop will give attendees the chance to try out and ask questions about three different diamond verification instruments.

The footage shows two of the jewelry heist suspects descending from the second floor of the museum and then escaping via scooter.

As the holiday season quickly approaches, consider stocking one category that sometimes gets overlooked: earrings.

Founder and designer Rosanna Fiedler looked to a vintage Cartier clutch when designing the sunlight-inspired drop earrings.


The luxury conglomerates faced a challenging Q3 amid geopolitical and economic tensions.

The book details the journey of watches as symbols of hard-earned success in hip-hop for artists like 2Pac, Jay-Z, and more.

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

Alexis Vourvoulis, who most recently worked at Tiffany & Co., brings more than two decades of jewelry experience to her new role.

The superstar’s August engagement put the stamp of approval on an already hot engagement ring trend.

Retailers should offer classic styles with a twist that are a perfect fit for layered looks, experts say.

The nearly 7-carat fancy vivid purplish pink diamond could sell for around $9 million.

Chief Artistic Officer Nathalie Verdeille has reimagined the iconic design in both figurative and abstract creations.

Five dollars buys one vote toward an industry professional you want to see dressed up as a hero, or a villain, this Halloween.

Recently acquired by KIL Promotions, the November edition of the public show in San Mateo, California, will be held Nov. 7-9.

The stone’s two zones, one pink and one colorless, may have formed at two different times, the lab said.

Hollywood glamour meets Milanese sophistication in the design of Pomellato’s new store in Beverly Hills, California.

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.

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.

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.



















