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Ruby Ring Sells for $3M+ at Artcurial Auction

Nov 15, 2023

Ruby Ring Sells for $3.3M at Artcurial Auction

The natural Burmese stone is the second-most expensive ruby sold at auction in 2023.

Macroeconomic pressures like inflation and a decline in the number of people popping the question took a toll on the jeweler.

A cooling labor market and high interest rates are taking a toll on consumer confidence in the U.S.

ArtVendôme, a nod to the city’s Place Vendôme, will hold its inaugural show this winter, opening its doors to the public.

The largest jewelry fair in Italy and one of the largest in the world will feature companies with the Made in Italy merchandise mark.

They were down 42 percent year-over-year and 10 percent month-over-month in August.

Five honorees in the Northwest Territories received $5,000 each.

The retail offering, said to be the first of its kind, allows customers to follow a single rough diamond through the cutting process.

Over 130 Made in Italy Manufacturers displayed their products of Italian style and technological innovation to a crowd of eager retailers.

Keith Poynter Jr. was sentenced earlier this month for a series of armed robberies in 2019.

Plus, Luciano Rodembusch, president of Pandora North America, shares his insight on valuation and sustainability.

The retailer has a new chief revenue officer and vice presidents of luxury sales, merchandise, and marketing and e-commerce.

Peter Smith mines the psychology of disgust for insight on the messages we communicate through body language.

It coincides with a new website.

The annual event will be held Sept. 23.

For the past decade, the companies have been working together to create an industry-specific platform for jewelry retailers.

The model is the face of this year’s fall/winter collection.

The annual event offers three free days of education and networking at Edge headquarters.

The funds will go toward direct assistance, providing essentials like food and fuel to those impacted.

The company noted a “challenging environment for consumer discretionary products.”

The watch retailer, which has more than 100 stores, will keep its name and continue to run its business independently, said Rolex.

The brand crafted a 14-karat solid gold lock hand-engraved with images from the Kama Sutra and just like that, it found a buyer.

For over 100 years, JA New York has played an integral role in facilitating the evolution of our industry while honoring past traditions.

A new Shane Co. study analyzed the year’s most popular engagement ring settings, metals, and diamond shapes.

The organization presented scholarships to nine students across six categories.

People in the U.K. and Europe have been unexpectedly receiving rings in the mail accompanied by fake Gem-A certificates.

The brand’s “Elisa” pendant is the star of a college pop-up tour after gaining popularity among potential new sorority members sharing their rush journeys on TikTok.

Lucara said it’s the 20th stone weighing more than 100 carats the mine has produced this year.