The 23-carat fancy vivid blue diamond, set to headline Christie’s May jewelry auction, was expected to sell for as much as $50 million.
Ylang 23 Selects Cyril Studio as ‘The Next Now’
The design competition is a proven stepping stone for up-and-coming jewelry designers.

New York—Retailer Ylang 23 returned to New York City last month for the fourth edition of its design competition that supports up-and-coming talents, dubbed “TheNextNow.”
This time around, the store declared brand Cyril Studio by designer Leila Mond the winner.
Cyril Studio is known for its sophisticated, minimalistic design, mixing fine materials like 14-karat yellow gold with more accessible ones such as rock crystal and silver.
Mond is an alum of the Rhode Island School of Design and the Fashion Institute of Technology, and launched Cyril Studio last year, inspired by light and optical phenomena.
As winner of the competition, her prize will include a presentation on Ylang23.com with potential for a purchase order from the store; inclusion in a Moda Operandi online trunk show with potential for an individual trunk show; a write-up on InStyle.com; a six-month library membership at Brand Assembly; mentorship from designers and jewelry industry experts; and a one-year membership to fashion incubator Trendseeder.
As in past editions, the competition was held in conjunction with TrendSeeder. Ylang 23’s Joanne and Alysa Teichman served as judges, along with TrendSeeder founder Avani Patel; designer Marla Aaron; Foundrae designer Beth Bugdaycay; InStyle Accessories Editor Elana Zadjman; Moda Operandi Vice President of Non-Apparel Jodi Kaplan; and Rainbowwave showroom manager David Unich.
Of all the designers who entered the competition, 31 were selected to present their work to the judges in a science-fair format at Brand Assembly in New York.
After reviewing the designers’ work, Alysa Teichman moderated a panel with the judges, in which they discussed topics such as how to allocate funds, deal with consignment orders, build their brands on social media and gain the attention of retailers and press.
The winner of the third edition of TheNextNow, Eva Noga, was on hand to announce Cyril Studio as this edition’s winner.
Mond is in good company. In addition to Noga, brands Retrouvai and ARK Fine Jewelry also have won Ylang 23’s competition, and seen major growth since.
Retrouvai returned to the Couture show this year while ARK made its show debut there, both as part of the For Future Reference showroom booth.
ARK, designed by Ann Korman, took home a Couture Design Award in the “Best in Colored Gemstones Under $20K” category.
The Latest

G.B. Heron Jewelers in Salisbury, Maryland, is set to close as its owner, Jeff Cassels, retires.

Emmanuel Raheb outlines the differences between the two platforms and posits that the most successful jewelers use both.

Supplier Spotlight Sponsored by GIA

The miner said its April sale featured a mix of commercial-quality primary rubies and secondary rubies of varying quality.


U.S. customs agents in El Paso, Texas, intercepted the package, which would have been worth $9 million if the jewelry was genuine.

Health monitors become statement pieces when paired with the brand’s new collection of stackable diamond-studded bands.

Six new retail businesses were selected for the 2025 program, which began in January.

Kim Carpenter and Sam Gevisenheit have joined the brand.

“Shell Auranova” is the next generation of the brand’s bridal line, featuring half-bezel engagement rings with bold and fluid designs.

Boucheron and Pomellato performed well in an otherwise bleak quarter for Kering amid struggles at Gucci.

Designer Deborah Meyers created her birds from oxidized sterling silver, rose-cut diamond eyes, and Akoya Keshi pearl feathers.

The company said it expects sightholders to remain “cautious” with their purchasing due to all the unknowns around the U.S. tariffs.

Sponsored by the Gemological Institute of America

Simon Wolf shares why the time was right to open a new office here, what he looks for in a retail partner, and why he loves U.S. consumers.

A third-generation jeweler, Ginsberg worked at his family’s store, Ginsberg Jewelers, from 1948 until his retirement in 2019.

The company failed to file its quarterly reports in a timely manner.

The organization also announced its board of directors.

Charms may be tiny but with their small size comes endless layering possibilities, from bracelets to necklaces and earrings.

Located in Valenza, the now 355,000-square-foot facility includes a new jewelry school that’s open to the public, Scuola Bulgari.

A platinum Zenith-powered Daytona commissioned in the late ‘90s will headline Sotheby’s Important Watches sale in Geneva next month.

The basketball stars wear men’s jewelry from the “Curb Chain” collection.

The Signet Jewelers-owned retailer wants to encourage younger shoppers to wear fine jewelry every day, not just on special occasions.

The 21 pieces, all from a private collector, will be offered at its Magnificent Jewels auction next month.

Lilian Raji answers a question from a reader who is looking to grow her jewelry business but has a limited marketing budget.

GCAL by Sarine created the new role to sharpen the company’s focus on strategic partnerships and scalable expansion.

The Indiana jeweler has acquired Scottsdale Fine Jewelers in Scottsdale, Arizona.