The insurance company’s previous president and CEO, Scott Murphy, has split his role and will continue as CEO.
Victoria’s not-so-secret 2012 Fantasy
Every year, lingerie lord Victoria’s Secret unveils a multi-million dollar bra set with an astounding number of diamonds and colored gemstones that one lucky model gets to wear down the runway at the brand’s annual fashion show.
This year’s bejeweled brassiere is a $2.5 million floral-themed bra-and-belt set featuring 5,200 hand-set precious gems: amethysts, sapphires, tsavorites and rubies along with white, pink and yellow diamonds, set in 18-karat rose and yellow gold.
Designed by New York-area retailer London Jewelers, the bra, Victoria’s Secret “Very Sexy Push-up” model, has two removable diamond flower pins, and the drop centerpiece features two large white diamonds, one 12.5 carats and the other 20 carats.
Model Alessandra Ambrosio has been tapped to model the bra this year, following in the stiletto-clad footsteps of past Fantasy bra models such as Gisele Bündchen, Heidi Klum and Claudia Schiffer. She’ll also wear it on the runway during the Victoria’s Secret fashion show, which is set to air Dec. 4 on CBS.
This year, Victoria’s Secret also added a bejeweled perfume bottle, putting white, pink and yellow diamonds, along with sapphires, tsavorites, rubies and a 10-carat colorless diamond, on a bottle of its “Bombshell” fragrance. The price tag on this perfume: $500,000.
The Latest

The nearly six-month pause of operations at its Kagem emerald mine earlier this year impacted the miner’s first-half results.

The addition of Yoakum, who will lead Kay and Peoples, was one of three executive appointments Signet announced Thursday.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

The necklace uses spinel drops to immortalize the moment Aphrodite’s tears mixed with her lover Adonis’ blood after he was fatally wounded.


The diamond miner and marketer warned last week that it expected to be in the red after significantly cutting prices in Q2.

Jewelers of America’s 35th annual design contest recognized creativity, artistry, style, and excellence.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

Tratner succeeds Andie Weinman, who will begin stepping back from the buying group’s day-to-day operations.

The president made the announcement via Truth Social Wednesday, adding that India also will face a penalty for its dealings with Russia.

The luxury titan’s star brand Gucci continued to struggle amid a "tough" environment.

Its opening marks the completion of the retailer’s new 11,000-square-foot store in the Texas capital.

Respondents shared concerns about tariffs and commentary on the “Big Beautiful Bill.”

“Making a Killing in Diamonds” tells the story of Mimi Rosen, the disappearance of a scientist, and the murder of lab-grown diamond CEO.

The first-time exhibitors, set to debut at the New York City show, share a devotion to craftsmanship, storytelling, and material integrity.

The online auction house’s September sale will feature rough Brazilian emeralds of various qualities.

She’ll lead an executive committee consisting of President-Elect Bryan Moeller, Mitchell Clark, Bill Farmer, and Larry Rickert.

Announced Sunday, the deal will set the tax on goods imported into the United States from the European Union at 15 percent.

A new edition of the Italian brand’s “Ipanema” collection has debuted with gemstones that evoke Brazil’s breathtaking views.

The retailer will refer its customers to WonderCare, founded by venture capitalist and watch collector Kevin O’Leary.

The jeweler’s largest store yet is set to open in Little Rock next fall.

Anne Hathaway was seen wearing the toggle necklace three times while filming scenes for “The Devil Wears Prada 2.”

Jewellery & Gem World Hong Kong is scheduled for Sept. 15 to 21, and buyer pre-registration will be available until Sept. 7.

Renovations at Tiffany & Co. stores ate into profits in the company’s watch and jewelry division.

Mark and Candy Udell of London Jewelers will receive the honor at the 24th annual Gem Awards next March.

While struggles continue at the mining and trading end of the pipeline, consumer demand for diamond jewelry is holding steady.

The “Fantasia” jewelry collection turns the intaglio animals from her “Close Encounters” collection into 3D characters.