Two Saks Fifth Avenue locations, one in Florida and one in California, and one Neiman Marcus store are off the chopping block.
This 10-Carat Pink Diamond Just Sold for Nearly $20M
It was the main attraction at the Oct. 7 Sotheby’s Hong Kong Magnificent Jewels and Jadeite sale.

Hong Kong—Sotheby’s Hong Kong’s fall jewelry auction, which took place this week, saw the sale of some spectacular jewels, including a special pink diamond.
The Magnificent Jewels and Jadeite sale totaled $300.8 million HKD, or $38.3 million.
Accounting for over half of that total was a rare and exquisite fancy vivid purplish pink diamond and white diamond ring, pictured above. The 10.65-carat Type IIa pink fell between its $19.1 to $25.5 million pre-sale estimate, garnering $19.9 million.
The auction was noteworthy for its array of works by contemporary Chinese high jeweler Anna Hu, who designed for the occasion.
The “Silk Road Music” collection featured nods to Chinese history and music (Hu was a cellist before she became a designer) illustrated with a variety of impressive gemstones, not the least of which was the 100-carat fancy intense yellow diamond at the center of “The Dunhuang Pipa Necklace” pictured above.
The necklace, expected to sell for between $5 million as $6.3 million, earned $5.8 million at the sale.
Hu’s jadeite “Cello” brooch (above), accented with yellow, white and pink diamonds, also sold within its estimated pre-sale range of $280,000 and $350,000, going for $279,000.
The designer’s above “Blue Magpie” brooch—featuring a conch pearl, sapphires and diamonds and estimated to sell for between $190,000 and $225,000—earned $255,000, while the “Ellington” earrings, below, made of the same materials sold for $279,000, just shy of their $280,000 to $350,000 pre-sale estimate.
Lastly, Hu’s ruby and diamond “Apassionata” ring, seen below, earned $104,000, just over its $80,000 to $100,000 estimate.
The Latest

West, who started in the art department at the Leading Jewelers Guild in 1979, is remembered for his patience, kindness, and dedication.

In the “Tesoro” version of the ring, our Piece of the Week, each side of the gold hexagonal nugget has a unique colored gemstone design.

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

Cohen discusses the evolution of Citizen’s light-powered technology, the brand’s cross-generational appeal, and tariffs.


“Essentially Human: On Sales and Salespeople" reveals the underlying human traits and behaviors of the most successful sales professionals.

The collection features symbols of love, luck, and light, based on the story of Queen Cassandane and Cyrus the Great of Persia.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

It’s the third scholarship to be launched as part of the partnership to help appraisers advance their professional credentials.

The deadline for entries in the jewelry design competition has been extended to April 3.

After 28 years with JCK, the veteran industry journalist is launching his own publication on Substack called The Jewelry Wire.

Wiley said the project will give scientists worldwide access to the American Museum of Natural’s History renowned mineral collection.

The “Flower Puff” collection looks to beaded flower friendship bracelets from childhood, turning the silhouette into nostalgic fine jewelry.

Set for April 2, the webinar will discuss how the jewelry industry can address the workforce gap.

Bayer, founder of Lisa Bayer Designs, is remembered as “a bright light in every room.”

The next three editions of AGTA GemFair Tucson will feature a five-day show that includes Sunday.

Former Sotheby’s executive Tom Heap has taken on the London-based role.

The group of women allegedly robbed two Catbird stores and one Gorjana location on the afternoon of March 9.

Movado CEO Efraim Grinberg noted continued strength in the fashion watch and accessible luxury segments in the U.S.

After celebrating 25 years in 2025, the campaign marks a new chapter for the jewelry brand with the message that “Identity Creates Value.”

Couture and Time to Watches announced the watch brands, from big names to independents, attendees will see at the show.

Plus, why Saks Global’s bankruptcy may have given Bloomingdale’s an edge.

Costume designer Kate Hawley wore three archival Tiffany & Co. brooches, our Pieces of the Week, while accepting her first Oscar.

The jewelry retailer announced changes to its store network and brand portfolio during its fourth-quarter earnings call.

From a weaker labor market to inflation, NRF Chief Economist Mark Mathews gave insight on what retailers can expect this year.

The historic stone, which sold at Elmwood’s in London, is the largest white diamond to be offered on the U.K. market in more than a decade.

Three-time Grammy award-winning artist Nelly is set to perform at the annual event at Tao Beach in Las Vegas on May 31.





















