Thierry Collot, an industry veteran who has held positions with LVMH and Carrera y Carrera, will work to increase brand awareness for the luxury watch company.

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Rolex SA’s board of directors announced late Thursday that Jean-Frédéric Dufour, the company’s third CEO since 2008, officially will take office on June 17. 

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At Baselworld, the brand introduced watches with more subtle crystals and had its new line of activity-tracking jewelry on display, which it is considering making available for wholesale distribution.

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The stainless steel timepieces have Swiss self-winding mechanical movements and alligator straps.

The watch, which has been awaiting FCC approval since its reintroduction at Baselworld 2013, will be available to retailers starting in July.

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London Jewelers is slated to begin selling the Apple Watch Edition in two of its stores Friday, making it the lone U.S. specialty jeweler on the curated list of boutiques carrying the smartwatch.

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As it introduces a redesigned website with new features to help guide consumers through the shopping experience, Movado also has announced actress Alexandra Daddario as the newest face of the brand.

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The New England Patriots quarterback was introduced as TAG Heuer’s newest brand ambassador at an event held Tuesday in New York.

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Revealed in New York on Monday morning, the 46 mm titanium watch has the look of the brand’s Carrera model and retails for $1,500.

The watch brand also announced that an ad campaign featuring the Australian actor, who was named People’s Sexiest Man Alive last year, will launch later this month.

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Due to “high demand,” TAG Heuer has quit selling the Connected online and is instead directing consumers to retail stores to purchase its new smartwatch.

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Called the Exospace B55 Connected and geared toward aviation professionals, the smartwatch can display notifications about incoming calls, texts and emails.

Recently released statistics show that Swiss watch exports declined in 2015, the first slump for the sector in six years. 

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Cohen now heads both Bulova Corp. and Citizen Watch Company of America, though they will continue to operate as separate entities.

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Alrosa’s Andrey Polyakov is the new vice president of the World Diamond Council and will succeed WDC President Edward Asscher when his term expires next year. 

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The 105.6-carat stone, extracted from processing plant No. 14 at the Jubilee kimberlite pipe, is octahedral and transparent, with a moderate yellowish hue.

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The Kimberley Process is calling on its members to pay special attention to any shipments of rough diamonds accompanied by a certificate from Sierra Leone after a fraudulent one surfaced in Antwerp.

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The Anglo American Group Foundation has given a three-year contribution to the Diamond Development Initiative, which promotes responsible sourcing and works to improve the lives of local miners in Africa.

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The United Arab Emirates’ Ministry of Economy has selected Ahmed Bin Sulayem, executive chairman of the Dubai Multi Commodities Centre Authority, for the position.

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Available online through Oct. 31, the scholarships are for the GIA’s Gemology and Jewelry Manufacturing Arts programs, courses and lab classes.

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The Gemological Institute of America has invalidated grading reports for 1,042 diamonds after hackers gained access to its database and altered the reports.

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Only 175 of the 1,042 diamonds with a grading report that was invalidated by the Gemological Institute of America in the wake of the hacking incident have been returned to the lab for reexamination.

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The credit card-sized reports, which will contain details such as natural and unheated, are for mounted diamonds larger than 0.18 carats.

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The Gemological Institute of America has extended the submission date for the no-charge confirmation service it announced in the fall by two months, to March 31.

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Petra Diamonds Ltd. sold the stone, which it recovered from the Williamson mine in Tanzania last month, into a partnership between Golden Yellow Diamonds and M.A. Anavi Diamond Group.

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