The NRF is expecting holiday sales to increase this year, but consumers and retailers alike are facing Grinch-like headwinds.
‘Apollo’ and ‘Artemis’ Set an Auction Record for Earrings
The fancy vivid blue and fancy intense pink diamonds sold for $57.4 million at Sotheby’s on Tuesday.

Geneva--A non-matching pair of pear-shaped fancy color diamonds have become the most valuable pair of earrings ever sold at auction.
The “Apollo Blue” and “Artemis Pink” diamonds hit the auction block at Sotheby’s Magnificent Jewels and Noble Jewels sale in Geneva, where they were sold as separate lots but garnered a combined total of $57.4 million.
The Apollo Blue is a fancy vivid blue diamond that weighs 14.54 carats. The internally flawless, Type IIb pear-shaped stone went for $42.1 million, falling within its pre-sale estimate of $38 to $50 million.
The Artemis Pink, a 16-carat fancy intense Type IIa pink pear-shaped diamond of VVS2 clarity, also sold within its pre-sale range when it garnered $15.3 million.
The same anonymous buyer bought both diamonds.
Sotheby’s originally named the stones after Apollo and Artemis, “a twin brother and sister of great power and beauty who were among the most widely venerated of the Ancient Greek deities,” but the buyer has renamed the stones.
The Apollo Blue has been changed to “The Memory of Autumn Leaves” and the Artemis Pink was renamed “The Dream of Autumn Leaves.”
They’re the most valuable earrings ever to be offered at auction, according to Sotheby’s, setting a world auction record for a pair of earrings but not breaking any records individually.
The auction record for a pink diamond was set last month by the $71.2 million sale of the 59.60-carat “CTF Pink,” which is also the most expensive jewel ever sold at auction.
The most expensive blue diamond ever sold at auction is the Oppenheimer Blue. The 14.62-carat fancy vivid blue stone sold for $57.5 million, or $3.9 million per carat, in May 2016.
Tuesday’s sale at Sotheby’s Geneva totaled $151.5 million with 90 percent of the lots selling.
Two more records were set at the auction--for a fancy intense purplish-pink diamond when a 7.04-carat diamond ring from Piaget went for $13.2 million, and the record per-carat price for that same fancy intense purplish pink diamond at $1.9 million per carat.
Editor’s Note: This story was updated on May 17 to reflect the renaming of the diamonds.
The Latest

Our Piece of the Week gathers the planets, represented by a variety of colored gemstones, in a pair of 14-karat yellow gold earrings.

The New York-based jeweler is moving its Amherst flagship store to a larger location in nearby Snyder.

Experience gemstones with greater precision and comfort than ever before.

Chen, who worked at Cartier and Tiffany & Co., will lead retail sales and operations for the luxury jeweler’s 11 U.S. stores.


For 40 years, sisters Amy and Elise Greenberg have helmed their 126-year-old family business, leading with appreciation and integrity.

It’s a term Smith coined and felt compelled to share following a bad experience with an aborted flight and an unfeeling flight attendant.

Submit your pieces for a chance to win in this year's competition.

Movado teamed up with the New York-based fine jewelry designer on a new collection of Movado Museum Velura watches.

The two companies are reportedly in talks to join the Global Diamond Consortium, led by former De Beers CEO Gareth Penny, as per Bloomberg.

The “Some of the Things” box follows the two larger “Everything” box designs with the look and function of antique sewing and toolboxes.

Fourth-generation jewelers Coleman and Mitchell Clark exemplify the best qualities of their predecessors: humility, modesty, and confidence.

The gem hunter, whose 70-year career was defined by adventure and exploration, is remembered for his steadfast faith and sense of wonder.

Tiffany & Co. continued its full-scale store renovation project while Bulgari’s high jewelry collection generated “record-breaking revenue.”

This year’s sessions feature leading voices from human rights, legal, and conservation organizations.

The high-end jewelry retailer was sold to private investment firm Middle West Partners and a group of longtime clients.

The jewelry designer has partnered with Sofer Jewelry to distribute her 85-piece lab-grown diamond collection.

Dunn, this year’s Single-Store Independent inductee, is passionate about innovation and telling the story of natural diamonds.

The “Island Jewel” candle honors New York City and Puerto Rico and raises money for the island’s water relief efforts.
The partnership will give JA members access to preferred pricing, exclusive benefits, technology solutions, education, and resources.

Stores should expect to see the most customers on Nov. 27, and Christmas week is expected to be hectic too, as Dec. 25 falls on a Friday.

The charm, our Piece of the Week, features brown diamond frozen hot chocolate topped with white diamond whipped cream and a ruby straw.

The watch company agreed to sell a 95 percent interest to a group comprised of F.P. Journe, Chanel, and Swiss watch exec Pierre Jacques.

This round of tariff refunds is for importers that have sued over IEEPA tariffs in the Court of International Trade and won.

It revisits the brand’s most requested silhouettes, from "Pillow"-set necklaces and bracelets to "Signature"-set rings and earrings.

The trade-only event includes buying opportunities as well as educational sessions on artisanal mining, the new Paraíba source, and more.

Ara Chanakian, a jeweler at Pattons, took home top honors in every category at Jewelers of Louisiana’s annual jewelry design competition.






















