Sotheby’s will auction the diamond, which it says is “arguably the most significant pink diamond to ever appear at auction,” in June.
Ritani makes Forbes ‘Most Promising’ list
Forbes has included bridal brand Ritani as one of “America’s Most Promising Companies,” listing the company at No. 40 out of 100.
New York--Forbes has included bridal brand Ritani as one of “America’s Most Promising Companies,” listing the company at No. 40 out of 100.
Ritani listed revenue of $13 million last year. The company also raised $14 million from Cantor Ventures and others in 2012, according to Forbes.
Headquartered in White Plains, N.Y., Ritani also has e-commerce operations in Seattle, and currently has 45 employees.
“It’s an honor to be recognized by Forbes as one of our nation’s most promising companies,” said Ritani President Brian Watkins. “We look forward to continuing our growth in 2014, welcoming customers new and old, while developing our robust network of trusted local jewelers.”
Ritani was founded in 1999 as a jewelry wholesaler, but added a direct-to-consumer business in 2012.
With its “clicks and bricks” model, Ritani allows shoppers to buy rings directly online or order them and have them sent to one of the company’s retail partners, for in-person previews and purchase.
Though Ritani was the only jewelry-specific company to appear on the list this year, WeddingWire, an online bridal marketplace, did show up at No. 27, with revenue of $34 million in 2013.
Forbes’ annual list of the 100 most promising companies in the country is a ranking of high-growth, privately held companies with annual revenue of less than $250 million. They also look at growth in sales and hiring, quality of management team and investors, margins, market size and key partnerships.
The publication had also highlighted Watkins last spring, naming him as an up-and-comer on the Leaderboard in its May 6, 2013 issue.
The retailer, recently acquired by Signet Jewelers, will lay off 119 employees in July.
The Swiss watchmaker introduced 17 new models at Watches & Wonders Geneva.
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As part of the promotion, Smith will share his sales expertise during a 90-minute training session.
At Watches & Wonders, the Swiss brand unveiled a follow-up to last year’s Tonda PF GMT Rattrapante.
The “rêve” collection’s engagement rings and wedding bands are geared toward “sustainability minded customers.”
De Beers Institute of Diamonds provides the very best in diamond verification, education and diamond services.
A new word appears on the dial each day of the week.
Bensons Jewelers closed for good Feb. 24, impacted in part by the decline in foot traffic downtown since the onset of the pandemic.
Kolja Kiofsky has been with the crystal and jewelry company since 2010.
The Kruse GWS Auctions sale will include the replica “Taj Mahal” necklace Elizabeth Taylor made with Avon as well as a costume piece Marilyn Monroe wore.
Massimo Basei is moving up, while Chief Commercial Officer Martino Pessina is stepping down.
AGTA GemFair and the Denver Gem & Mineral Show also will have a presence on the show floor.
Sold by Christie’s Hong Kong, this masterwork of complications now holds the record for most expensive watch ever auctioned online.
The watch company expects first-quarter sales to fall as much as 15 percent due to inflation and tough comps.
Adam O’Grady, general manager of the Lightbox Lab, has taken on the new role and will report directly to Lightbox CEO Antoine Borde.
The watch marketplace gathered data from 1.3 million collectors, highlighting the most popular timepieces and exploring value appreciation.
Burgundy has opted not to exercise its option to buy the mining claims Gibb River Diamonds currently owns.
Patented and specialty cuts now can receive an 8X Proprietary Certificate, which can be customized to include a company’s brand and logo.
The organization said it will recognize those who exemplify the idea that doing good is good business.
Kendall Jenner once again is fronting the French brand’s campaign, joined by model and dancer Alton Mason.
The CEOs of Signet, Helzberg, and GIA spoke on a water conservation panel, and had lakes named in their companies’ honor.
Sales of the sleek sterling silver and diamond design will go to nonprofit organization charity: water.
Expected to earn up to $4.5 million, the “Jarretière” bracelet is the star of Christie’s “The Magnificent Jewels of Anne Eisenhower” sale.
With jewelry sales coming down from their pandemic highs, retailers need to do all they can to retain existing customers, Peter Smith says.
Jewelry historians, authors, and experts will explore the works of Tiffany & Co., Oscar Heyman, Verdura, and more.