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Search Results - January 2023

your search of 'January 2023' has 29 results.

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Renani Jewels has unveiled a watch featuring 17,512 dazzling white diamonds and 12 black diamonds. Described as a ‘watch of good fortunes’, the timepiece has been named ‘Srinkia’. It’s a title derived from ancient Indian mythology which directly translates to ‘flower’.

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Dazzling watch sets new world record

An ambitious jeweller in northern India is the proud owner of a new world record for the most diamonds to be set on a watch. Read more »
LVMH sales in Europe, the US, and Japan increased significantly due to strong demand from local customers and the recovery of international travel.

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Record-breaking revenue for LVMH

French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) has reported record revenue and profit for 2022. Read more »
A media release stated that "Foreign attendance was close to 60% of the total, from 136 countries around the world", while the event hosted more than 1,300 exhibitors.

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Vicenzaoro organiser claims record attendance in Italy

Organisers have declared Italy’s 2023 Vicenzaoro January trade show to be an overwhelming success, highlighted by a record attendance from exhibitors and buyers. Read more »
Swatch Group's sales of jewellery and watches specifically increased 1.9 per cent to $US7.77 billion ($AU10.96 billion).

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Swatch falls short of expectation despite MoonSwatch success

Swiss conglomerate Swatch Group is anticipating a strong increase in sales in the year ahead after reporting a healthy 2.5 per cent improvement for 2022. Read more »
Melanie Grant is the new executive director to replace Iris Van der Veken who resigned shortly after the conflict began, with debate over the membership of Russian mining juggernaut Alrosa reportedly causing division.

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New leadership for the Responsible Jewellery Council

After a tumultuous 12 months the Responsible Jewellery Council (RJC) has appointed a new executive director, journalist and writer Melanie Grant. Read more »
The Police Saxony identified the items of jewellery stolen from the Green Vault museum in Dresden on their website.

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Mystery behind Green Vault heist continues to unravel

Members of a prominent criminal syndicate based in Germany have confessed to playing a pivotal role in the robbery of the historic Green Vault. Read more »
The famous 1,109-carat Lesedi la Rona diamond rough was found in a Lucara mine.

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Diamond mining CEO calls for further sanctions on Russia

As the debate continues to swirl over the future of Russian diamonds in western markets Lucara Diamond CEO Eira Thomas has weighed in, calling for further sanctions. Read more »
35 fancy colour diamonds of varying shades including pink, purple and red were exchanged for an undisclosed amount. The deal has been described as Tiffany & Co’s ‘largest single purchase’ of the year. Image: Tiffany & Co.

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Pink diamond surprise from Tiffany & Co.

The details surrounding Tiffany & Co’s purchase of a collection of fancy colour diamonds sourced from Australia’s Argyle Diamond Mine has been made public for the first time. Read more »
The 15th edition of the IIJS Signature was attended by 20,000 people with 1,300 exhibitors occupying more than 2,5000 stalls across six halls in the Bombay Exhibition Centre in Mumbai.

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More than 20,000 visitors participate in India’s IIJS Signature

The first major trade show of the year, the 2023 IIJS Signature in India, has been hailed as a success by organisers. Read more »
The current Coronation crown is made of solid gold and adorned with 345 aquamarines, 37 white topaz, 27 tourmalines, 12 rubies, seven amethysts, six sapphires, garnet, spinel amongst the most prominent stones. Queen Elizabeth often joked about how heavy it was. Source: Cecil Beaton. © V&A Museum

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Coronation crown receiving royal makeover

One of the most watched events of 2023 will be the coronation of King Charles III, scheduled to take place at Westminster Abbey on 6 May. Read more »
“Watches and Wonders will be inviting the inhabitants of Geneva, both novices and enthusiasts and all visitors to enjoy an immersive experience at the heart of a Salon, designed as a sumptuous village with its squares, alleys, restaurants and watchmaking worlds,” a Richemont statement reads.

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Watches and Wonders Geneva goes beyond the trade

Organisers of Watches and Wonders Geneva are anticipating the upcoming edition will be ‘more than a trade show’ following a successful restart in 2022. Read more »
Richemont sales increased by 8 per cent in total to reach €5.4 billion ($AU8.44 billion) for the three months ending 31 December, improving in all regions except the Asia Pacific, which was significantly impacted by pandemic restrictions in China.

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Sales woes in China for Richemont

Third quarter financial reporting from Swiss luxury goods group Richemont has been headlined by poor sales performance in Asia. Read more »
Sales in Australia for the half increased 18 per cent to $190.6 million while in New Zealand sales lifted 13.8 per cent to $76.3 million. Sales were neutral in Canada, improving by 0.5 per cent to $92.2 million.

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Double digit increase in sales for Michael Hill

Michael Hill International is expected to report record sales of in excess of $363 million with the release of its half-year results within the next month. Read more »
French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) has reached a market capitalisation of €400 billion ($AU623.93 billion) for the first time.

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Record high for European jewellery leader LVMH

French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) has reached a market capitalisation of €400 billion ($AU623.93 billion) for the first time. Read more »
Nine rounds of sanctions have been adopted by the EU against Russia since the invasion of Ukraine with the most recent of these coming into effect in December.

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EU exploring further sanctions against Russian diamond industry

There have been renewed calls from within the European Union to place further sanctions on Russia’s diamond mining industry in response to the invasion of Ukraine. Read more »

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