The National Retail Federation expects retail sales growth to return to pre-pandemic levels as consumers continue to face inflation.
‘Cullinan Dream’ Garners $25 Million at Christie’s
The 24.18-carat fancy intense blue diamond went for approximately $1 million per carat Thursday at Christie’s, falling within its pre-sale estimate.

New York--The 24.18-carat fancy intense blue diamond dubbed the “Cullinan Dream” sold for $25.4 million at Christie’s Thursday, falling within its pre-sale estimate of $23 to $28 million.
Flanked by baguette-cut diamonds totaling 2.36 carats, the stone now is the largest, most expensive fancy intense blue diamond offered at auction, according to Christie’s.
The Gemological Institute of America determined the diamond to be Type IIB and of VS2 clarity.
It is the largest of four blue diamonds cut from a 122.52-carat piece of rough discovered at the Cullinan mine in South Africa in 2014.
The Cullinan Dream led the Christie’s Magnificent Jewels sale held Thursday in New York, which totaled $42.2 million.
Other top lots included an oval brilliant-cut diamond weighing approximately 52.76 carats and mounted in platinum that went for $2 million; a ring set with a cut-cornered square modified brilliant-cut fancy intense yellow diamond of 51.06 carats selling for $1.6 million; and platinum ear pendants, each featuring a cushion brilliant-cut diamond weighing approximately 21.21 and 20.80 carats, garnering $1.3 million.
A full list of results can be found on Christies.com.
The Latest

The 4-carat, old mine brilliant-cut diamond engagement ring was co-designed by Willis and New York City-based brand Karina Noel.

Rio Tinto unearthed the diamond at its Diavik mine in Canada’s Northwest Territories.

Bench jewelers spend years honing their skills, Jewelers of America’s Certification validates their talents.

The multisensory experience, open April 8-13, will feature the brand’s silver creations among dream-like scenes of natural landscapes.


The virtual event will take place April 7 at 3 p.m.

The pieces in “Animali Tarallo” portray animals from stingrays to elephants through portraits and interpretations of their patterns.

Natural diamonds mean more than lab-grown, but when every cut is ideal, they all look the same. Customers want more—Facets of Fire delivers.

Parent company Saks Global said the iconic location will be open through the holiday season as it decides what to do with the space.

Ronald Winston, son of Harry Winston, donated the diamonds to the Smithsonian National Museum of Natural History in Washington, D.C.

The educational event will take place in Charlotte, North Carolina, this May.

The independent jeweler first opened its doors in 1888.

The layoffs come amid the TV shopping channel’s efforts to restructure and focus on live shopping through social media.

The debut event will take place in Miami’s Coconut Grove neighborhood this fall.

The roundtable will take place May 17 ahead of the trade show’s welcome dinner.

The “Peanuts x Monica Rich Kosann” collection features the comic strip’s classic vocabulary across 10 bracelet designs.

Three industry experts dive into the complexities of the material often marketed as an “ethical” alternative for metal in jewelry.

Diamonds are not only one of the most prominent gemstones, but the birthstone for those born in April.

The Utah-based company known for making wedding bands has acquired Doubloon Golf.

The longtime luxury executive led one of LVMH’s watch brands, TAG Heuer, for 12 years before taking over Bulgari in 2013.

Authorities said the robbers fled with jewelry and 70 Rolex watches, later taking pictures of themselves posing with big stacks of cash.

Lotus Gemology founder Richard W. Hughes has translated Heinrich Fischer’s 1880 book “Nephrit und Jadeit” from its original German.

The ring's design features contrasting lines influenced by work from architecture-inspired photographer Nikola Olic.

The Conference Board’s index fell as consumers continued to worry about the impact of tariffs, the labor market, and the price of eggs.

The Oscar-nominated actor debuted in the campaign for the new “Top Time B31” collection, which introduced Breitling’s Caliber B31.

The Congress is scheduled to take place May 19-22 in Brasilia, Brazil.

The family-owned retailer is the new owner of Morrison Smith Jewelers in Charlotte, North Carolina.