The closure is part of a global restructuring that also includes PGI winding down its operations in Japan, South Korea, and Hong Kong.
92-Carat Heart-Shaped Diamond Sells for $15M
That was at the low end of its estimated range but still enough to set a new record for a heart-shaped diamond at auction.

Geneva--The “La Légende,” a 92-carat heart-shaped diamond suspended from a string of cultured pearls by Boehmer et Bassenge, sold for about $15 million Wednesday in Geneva.
The D color flawless diamond sold at the low end of its estimated range of $14-$20 million, but it was enough to set a new auction record for a heart-shaped diamond, Christie’s said.
The sale of La Légende capped off a five-day stretch of watch and jewelry auctions in Geneva that set a number of new records.
On Saturday, Phillips sold the “Bao Dai” Rolex in Geneva for $5 million, setting a new world record for a Rolex sold at auction.
Two days later, Christie’s Geneva sold another watch with an interesting historical provenance--a Patek Philippe Ref. 2497 that belonged to Haile Selassie, the former emperor of Ethiopia. Only of only two Ref. 2497 models with a black dial, the timepiece went for $2.9 million and set a new auction record for that particular reference.
Sotheby’s got into the auction action Tuesday when it brought the hammer down on “Apollo,” a 14.54-carat fancy vivid blue diamond, and “Artemis,” a 16-carat fancy intense pink, for a combined $57.4 million.
Sold as separate lots but bought by the same individual, the two actually were designed to be worn together as a mismatched pair of pears and now hold the world record for the most expensive earrings ever sold at auction.
And Tuesday and Wednesday saw Bonhams auction off the property, including the jewelry, of Jackie Collins in Los Angeles. All of the romance novelist’s possessions sold, with her jewelry taking in a little more than $2 million.
The Latest

The ring, our Piece of the Week, was designed by eight-year breast cancer survivor Rachel Chalchinsky of Color Source Gems.

The website offers enhanced member benefit access, industry directories, educational resources, a job board, and access to the MJSA Journal.

A Diamond Is Forever's holiday campaign reimagines natural diamond icons for a new generation celebrating individuality.

Boucheron and Pomellato had a strong third quarter, with Kering looking at jewelry as an increasingly important part of its portfolio.


Tara Sinchuri was the owner of Everest Jewels in Fairfield, Ohio, and a father of three. He was found dead in his store on Tuesday.

Bespoke experiences from Buccellati and Verdura are on the retailer’s 2026 “Fantasy Gifts” list.

Built on Relationships. Refined by Craft.

The number of participants at the fall show was up 12 percent.

The Academy and Grammy award-winning siblings have collaborated with John Hardy on a new jewelry line inspired by their personal style.

Diana Singer shared the stories of two “cursed” diamonds on this month’s podcast, which was inexplicably riddled with technical issues.

The family-owned jeweler has three locations across Missouri and Iowa.

The De Beers-owned diamond mine in South Africa is being put on ice as part of a round of previously announced cost-cutting measures.

The collection centers designs with clean geometric lines, chunky sculptural pieces, and recognizable details from the luxury fashion brand.

The miner said it saw particularly strong prices for larger, fine-quality rubies at the sale.

The guard opened fire on a man who was smashing a jewelry display case at La Gran Plaza in Fort Worth last week, police said.

The Texas jeweler added 2,000 square feet to its reimagined showroom, complete with a new design studio and an event space.

Jacob & Co.'s diamond masterpiece is the most expensive Fantasy Bra ever worn on the Victoria’s Secret Fashion Show runway.

The “Atelier” collection was inspired by the tools, rituals, and objects in an artist’s studio as a quiet rebuttal to an automated world.

The pending acquisition is an “exciting opportunity” for wedding vendors to grow their business, said The Knot Worldwide’s CEO.

"The Secret Gems" features eight Thai jewelry brands paired with a team of young craftspeople who create jewelry together to win challenges.

The brand’s “Modern Talisman” capsule collection introduces pendants inspired by the mythology, natural world, and spiritual ethos of Bali.

Independent jewelers from New Mexico to New Jersey answer the question: What has kept your store in business for 100 years?

The NRF is expecting holiday sales to increase this year, but consumers and retailers alike are facing Grinch-like headwinds.

Our Piece of the Week gathers the planets, represented by a variety of colored gemstones, in a pair of 14-karat yellow gold earrings.

The New York-based jeweler is moving its Amherst flagship store to a larger location in nearby Snyder.

Chen, who worked at Cartier and Tiffany & Co., will lead retail sales and operations for the luxury jeweler’s 11 U.S. stores.





















