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Week in Photos – April 4, 2016
This week included one New York City retailer shuttering its store to go online-only and the sale of a 10.10-carat fancy vivid blue diamond in Hong Kong.
The fine jewelry auction scene was busy this week, with Bonhams announcing that it will sell a collection from an Indian royal family in London this month and a 10.10-carat fancy vivid blue diamond selling for $31.8 million at Sotheby’s Hong Kong.
The Pure Earth nonprofit, meanwhile, is holding an online auction now through April 12 to raise awareness for the connection between artisanal gold mining and mercury.
There’s also been some shuffling around in the industry, as Cecilia Gardner announced she would step down as president and CEO of the Jewelers Vigilance Committee next year and the Jewelers Board of Trade named financial veteran Anthony Capuano as its president to succeed Dione Kenyon.
Meanwhile, one New York City jeweler will close its store this month as it moves to an online-only operation and Endless Jewelry gives fans the chance to see brand ambassador Jennifer Lopez live in Las Vegas.
See the week that was, in photos.
The Jewelers Board of Trade announced Wednesday that its board of directors appointed financial executive Anthony Capuano, who has more than 35 years’ experience in credit and lending, as its president. Read more here.
The Jewelers Vigilance Committee announced Monday that Cecilia Gardner will step down as president and CEO of the organization next year, though the formal federal prosecutor intends to stay on board as general counsel. Read more here.
The 10.10-carat De Beers Millennium Jewel 4 blue diamond, one of the dozen rare diamonds De Beers assembled to mark the year 2000, sold for $31.8 million at Sotheby’s Hong Kong on Tuesday, making it the most expensive jewel ever sold at auction in Asia. Read more here.
Endless Jewelry launched a retail-centric promotion in the U.S., giving consumers the chance to see brand ambassador and designer Jennifer Lopez live at her “All I Have” show in Las Vegas. Read more here.
Stuller held its annual Bench Jeweler Workshop at its headquarters in Lafayette, La. over the weekend, which included for the first time a Battle of the Benches jewelry-making competition. Read more here.
As the calendar flipped over to a new month, a new birthstone hit the spotlight--the diamond--on the 10X blog, where one editor takes a look at how diamonds became April’s stone and shows 10 pieces of diamond fashion jewelry. Read more here.
As the Kimberley Process readies to green-light rough diamond exports from one area of the Central African Republic, the Enough Project’s Brad Brooks-Rubin looks at what the body needs to do to be successful there. Read more here.
Bonhams will auction off a jewelry collection belonging to an Indian royal family, who is remaining anonymous, at its Islamic and Indian Art London sale this month, including a 19th century ruby and diamond “manga malai” necklace. Read more here.
Michael C. Fina, the New York City jeweler that’s been around for eight decades, announced this week it will shutter its Park Avenue retail location on April 16, after which it will operate online only and launch partnerships with Amazon and wedding registry site Zola. Read more here.
Swatch Group announced Wednesday that Omega President Stephen Urquhart will retire on June 1 after 17 years with the company. He will be succeeded by current Vice President of Sales Raynald Aeschlimann. Read more here.
Non-profit Pure Earth partnered with more than 20 jewelry designers for an online jewelry auction designed to help raise awareness about the connection between artisanal gold mining and mercury. Read more here.
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