Bain & Company delved into the trends shaping the luxury market, the impact of AI, and more in its recent study.
Coronet Sets Nearly 10,000 Diamonds on a Handbag
Unveiled at Baselworld, the accessory took 15 craftsmen about 100 days to complete.

Hong Kong—Coronet has set another record.
The Hong Kong-based diamond jewelry brand achieved the Guinness World Record for the most diamonds set on a handbag with a piece it unveiled at Baselworld this year.
The Coca-Cola bottle-shaped accessory features 9,888 natural diamonds—8,543 black diamonds and 1,345 colorless diamonds—weighing a total of 120 carats.
The brand said it took 15 highly skilled craftsmen close to 100 days to complete.
The bag, with its whimsical design and many, many gems, resembles the work of well-known handbag designer Judith Leiber, who died this week at the age of 97. Her bags were often seen as objet d’art just as Coronet sees its own recent creation.
“Although we have successfully set two Guinness World Records titles before, we continue to challenge ourselves and create the world’s top-level diamond art treasures,” said President Aaron Shum Wan-lung to Guinness World Records. “My team and I are very proud and excited that we have set a new Guinness World Records title.”
Coronet is owned by Aaron Shum Jewelry Ltd.
In 2015, it achieved the world record for creating the most valuable guitar. The Gibson model was adorned with 11,441 diamonds for 401.15 total carat weight, making it worth $2 million.
This was followed by the record for the most jewels on a guitar in 2016 when it set 16,033 Swarovski gemstones on a Fender American Deluxe Jazz Bass, later played by Jermaine Jackson, a member of The Jackson 5.
The Latest

The exhibition reveals the gemology, geology, and cultural history of the iconic red gemstone.

The new sweeping slate of tariffs impacts 60 countries, including India, China, Thailand, Hong Kong, and the United Arab Emirates.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

Mildred Marcano Abrams and Yael Reinhold join the podcast to talk community connections, holiday plans, and preserving Reinhold’s legacy.


Production also was up in the first half of 2026 but is expected to “substantially” decrease in H2 as two key mines undergo maintenance.

“Art Deco” fuses ancestral techniques, rare materials, and modern perspectives as a tribute to the optimism and curiosity of the movement.

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

The jeweler’s newest store is inside Arkansas’ Saracen Casino Resort.

The watch company will design, manufacture, and distribute Kate Spade New York watches.

The higher tax is set to go into effect in August and will apply to loose polished diamonds as well as precious and base metals jewelry.

The “Enchanted Garden” series features a cherry, lemon, and pear that each hold a little secret inside.

It’s located in Tysons Galleria, an upscale shopping center in the Washington, D.C., metro area.

The show, recently acquired by Rockview Management Group, will be held at New York City’s Javits Center from Aug. 2-4.

Smith offers retailers guidance on creating an environment where natural and lab-grown diamonds can both thrive.

Former Emerald President and CEO Hervé Sedky has transitioned to the role of senior advisor.

The 12-piece capsule collection transforms from brooches to pendants.

A Botswana government official told lawmakers Anglo has selected The Global Diamond Consortium, an entity chaired by Penny, to buy De Beers.

The new tariff, imposed after a Trump administration study, is 25 percent and will stack on top of existing tariffs.

The collection from 2014 has been reinterpreted into high jewelry with its signature triangular-shaped elements.

She will also take on the role of vice president of jewelry for SmartWork Media, a newly created position.

Organizers are looking for presentations on topics like manufacturing, technology and research, bench work, gemstones, and sustainability.

Woodley is seen in the campaign wearing our Piece of the Week, the “Frida” collar featuring 13 pieces of hand-carved Venetian glass.

A WeBuyVintage jewelry expert uncovered how much the flea market find was actually worth.

The founder of natural colored diamond wholesaler Pancis Gems shares stories from his five decades in the industry.

Submissions for the milestone 25th annual Gem Awards will be accepted across three categories from now through July 31.

Valeriya Guzema and Mariana Lenha look back on the last decade and discuss the Ukrainian brand’s first U.S. store.























