Plus, parent company Saks Global announces plans to cut ties with up to 600 vendors.
Harry Winston Open to Offers on ‘The Pink Legacy’
The company displayed the 18.96-carat pink diamond at its New York store in honor of its founder’s 125th birthday.

To commemorate the occasion, the brand’s New York store displayed the Winston Pink Legacy diamond ring, which features “The Pink Legacy” diamond.
Harry Winston, which has been owned by Swatch Group since 2013, acquired the 18.96-carat rectangular-cut fancy vivid pink diamond at a Christie’s auction for $50.4 million in November 2018.
It set the record for the most expensive pink diamond ever sold at Christie’s, as well as the world auction record for highest price per carat for a pink diamond.
A company spokesperson confirmed the store was accepting sales inquiries on the Winston Pink Legacy ring, but noted it was predominantly on display to celebrate Harry Winston.
“I think, generally, the timing is ideal now for investment-grade colored diamonds, as intense and vivid colors are trading at an all-time high. Demand is high and supply is light,” said Joseph Namdar, managing director of Namdar Inc., which specializes in fancy color diamonds.
“Regarding the price, I don’t think they will have an easy time earning a 10 to 20 percent profit based on the $50 million, or $2.6 million per carat, they paid in 2018,” he said.
“If they do, I would humbly believe it will be much due to their brand’s name, as the market has not surpassed that price, not yet at least.”
Harry Winston’s team of designers and craftsmen set the record-breaking diamond in an 18-karat rose gold and platinum ring, flanked by two shield-cut diamonds weighing 3.55 carats.

“The subtle design speaks directly to the philosophy behind all Winston jewels—that the diamonds should speak for themselves,” said Harry Winston in a statement.
“What better way to honor a man who dedicated his life to the rarest and most exceptional gemstones than through one of the world’s most extraordinary diamonds.”
The ring was on display for four days only, from Feb. 26 until March 1, which was Harry Winston’s birthday.
The jeweler also noted that Harry Winston was born in 1896, matching the diamond’s 18.96-carat weight.
Known as the original “King of Diamonds,” Harry Winston acquired several notable diamonds in his lifetime, including the Jonker Diamond, the Indore Pears, and the famous Hope Diamond.
The Latest

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.

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

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.

Supplier Spotlight Sponsored by GIA

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.

As a nod to the theme of JCK Las Vegas 2025, “Decades,” National Jeweler took a look back at the top 10 jewelry trends of the past 10 years.

The company plans to halt all consumer-facing activity this summer, while Lightbox factory operations will cease by the end of the year.

Following weekend negotiations, the tax on Chinese goods imported into the United States will drop by 115 percent for the next 90 days.

“Artists’ Jewelry: From Cubism to Pop, the Diane Venet Collection” is on view at the Norton Museum of Art through October.

The deadline to submit is June 16.

Moti Ferder stepped down Wednesday and will not receive any severance pay, parent company Compass Diversified said.

Lichtenberg partnered with luxury platform Mytheresa on two designs honoring the connection between mothers and daughters.

Michel Desalles allegedly murdered Omid Gholian inside World of Gold N Diamond using zip ties and then fled the country.