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Top 5 Jewelry News Last Week – July 12th, 2021

Alrosa uses nanotechnology that potentially allows gems to be traced from the mine all the way to the consumer.
Bonhams has appointed Kate Flitcroft as senior specialist in its London jewelry department.
Initiatives in Art and Culture will hold its eleventh annual gold and diamond conference in July 13-15.
Recommendation: a new podcas t“If Jewels Could Talk with Carol Woolton”
According to Plumb Club’s New Consumer Survey, ‘coccasions’ is the most reason to motivates jewelry purchases.

ICA has appointed Helen Molesworth to lead InColor magazine.
Pandora has hired Luciano Rodembusch, former Tiffany & Co. executive, as a new general manager for North America.
The CPAA’s Annual Design Contest starts.
Jewelry Reality Show ‘All That Glitters’ is now streaming on HBO Max.
Tourneau, the 31-store watch retailer changes its name to Bucherer.

Another 1,174-carat diamond, which is of variable quality, was found in Botswana.
Paula Kahumbu, CEO of Kenyan organization Wildlife Direct, is the 2021 Rolex National Geographic Explorer of the Year.
Italian fine jewelry brand Vendorafa celebrates its 70th anniversary with Vendorafa70, a new limited-edition collection.
Sotheby will accept payment with Ether or Bitcoin for a D-color, flawless, pear-shaped diamond hitting the block next month.
MCH Group announced the watch and jewelry show will return in 2022 as Baselworld.

The International Gemological Institute’s New York City office has committed to being carbon-neutral by 2022.
Former Kimberley Process Chair Bernhardt Esau has been barred from entering the United States.
Former Pandora Exec, Patrick Bennett, leads Successful Consultants Ltd. USA Office.
The third largest piece weighing 1,098 cts was recently unearthed at the Jwaneng mine in Botswana.
Accessories sales in American were up 36.2% over the same time last year.

Mansour Ojjeh, a legend in the world of Formula 1 racing and owner of TAG Heuer from 1985 to 1999, dies at 68.
“The Chrysler Diamond” sells for $5.5M.
Jewelers Mutual Group has acquired Gem + Jewel, a turnkey website service.
A documentary – Assael Revealed: The Legendary Legacy of Pearl Pioneer Salvador J. Assael – debuted on June 9, diving into the life and legacy of Assael who created the market for Tahitian pearls.
A 470-carat light brown diamond is digged from the Karowe mine in Botswana.

A 73 ct. fancy vivid yellow diamond estimated to sell for upward of $3 million will lead Sotheby’s Magnificent Jewels sale opening June 9.
A Washington man found a 2.20-carat light yellow diamond during a few-day visit to the Crater of Diamonds State Park in Arkansas.
The United States Trade Representative has postponed a possible 25% duty on Indian jewelry for six months.
Patek Philippe is tapping into the 1990s trend, offering updates to the Aquanaut range, originally debuted in 1997.
Jewelry trade show VicenzaOro and industry trade show HardRock announce date

The 15.81-carat “Sakura” diamond sold for $29.3 million on May 23, being a record price at auction for a purple-pink diamond.
Day’s Jewelers has its new vice president – Liz Mahoney.
Brilliant Earth is opening a new showroom in Seattle this summer
Mehul Choksi, former chairman of now-defunct Gitanjali Gems, has been arrested after trying to gain access to the Caribbean island of Dominica.
Guy Borenstein, former exec at Gemewizard, has joined Stuller as senior gemologist.

BriteCo, a jewelry insurance company is letting its jeweler partners earn points for completed appraisals, and then redeem points for digital gift cards.
Three men have been arrested for allegedly committing an armed robbery of a $500,000 Richard Mille wristwatch at a Beverly Hills restaurant in March.
Bergio International, the publicly traded jewelry manufacturer, acquires 51% of the assets of GearBubble, an on-demand e-commerce fulfillment platform.
Karen Golembeski, a previous president of The Women’s Jewelry Association New England, died this month at the age of 74.
US platinum jewelry retail sales grew 3% in 2020 while gold jewelry demand in the U.S. was down 10 percent in 2020,

A 254 carat Type II white diamond is recovered at Letseng mine in Lesotho.
Lucara Diamond Corp has secured $220 million in financing to help take the Karowe Mine in Botswana underground and extend its life by about 20 years.
Sid Keswani, the president of Pandora’s North American starting in 2018 left Pandora.
An emerald-cut, 100.94-carat, D-color, internally flawless Type IIa diamond sold for $14.1 million in Geneva.
A natural pearl and diamond tiara with ties to Europe’s House of Savoy sold for $1.6 million at Sotheby’s jewelry auction held Tuesday in Geneva.

Jean Claude Michelou, ‘InColor’ Founder, died May 3 of COVID-19.
Harris Jewelry, a New York-based chain, has shuttered all of its stores in the wake of the COVID-19 pandemic, shifting its business online.
Indian jewelry might be possibly slapped with a new import duty of as high as 25% if India and the United States fail to resolve a dispute over a digital service tax,
Tiffany, Swarovski and LVMH join forces to unite jewellery and gemstone brands.
Allison and Roberto Mignone Halls of Gems and Minerals will reopen at the American Museum of Natural History on June 12.