London-based investment firm Pemberton Asset Management acquired the auction house for an undisclosed amount.
Galatea extends personal touch to gems, diamonds
Following the launch of its Momento pearl jewelry, which is embedded with a chip that allows users to record messages, Galatea has added the technology to a new collection of diamond and gemstone jewelry.
At the recent JCK Las Vegas show, Galatea unveiled two new jewelry lines that use near field communication technology, Momento Gem and Momento Diamond.
Momento jewelry is embedded with a chip that allows users to create a tailored voice message that’s played when the jewelry is tapped against a compatible mobile device. It first launched in a line of pearl jewelry in December.
In the Momento Diamond rings, the NFC chip is placed between two thin slices of mother-of- pearl that is topped with a thin layer of sapphire. The designs are patent-pending, the company said.
The rings, which the company are calling the world’s first interactive engagement rings, will be sold as semi-mounts only, no center stones.
The brand launched two models to start at the trade show: a 14-karat white gold design with 0.20 total carats of diamonds that wholesales for $850 and a 14-karat white gold design with 0.25 carats of diamonds, which wholesales for $975.
Platinum and 18-karat gold also are available as special order.
The Momento Diamond collection will include eight models in total ready for fall delivery; pricing for the remainder will be announced in the future.
WATCH: Galatea’s video about how the Momento Diamond rings work
Galatea also launched its Momento Gem collection at the show, which features a line of 20 gem-set pendants and rings, including garnet, citrine, blue topaz and amethyst cut in different styles and set in 14-karat white or yellow gold.
Wholesale prices for that collection range from $270 to $1,245.
Chi Huynh, Galatea’s owner, designer, and creative director, said that with the success of the Momento line, the brand will continue to build the collection into the future.
“To create beautiful jewelry that uses technology to become even more meaningful is the ultimate goal of our company,” he said.
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 struggling diamond mining company, which owns the historic Cullinan mine, has launched a rights issue to raise about $25 million.

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

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

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.

The retailer’s new collection of engagement rings and fashion jewelry is set with natural diamonds that are traceable via blockchain.

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.


















