Nov 1, 2009

Rare coloured diamond auction

Sotheby’s are planning an auction on Nov 17 in Geneva which will feature a collection of some 400 lots of rare natural-coloured diamonds and historic jewels estimated to fetch in excess of 29.5 million. One of the most anticipated pieces is a pear-shaped fancy vivid blue with a modified brilliant cut weighing 5.96 carats – estimated to achieve between %4.4-$7.5m. There’s also a rare... read more

Oct 9, 2009

Tiffanny & Co’s new store design

Tiffany & Co have released design details for their new Las Vegas store at CityCentre. Its a two-level store slated for opening in December, occupying around 1000m2. What is creating the biggest buzz is the 85ft high glass facade that is canted slightly over the street & shaped like a diamond – certainly creating an “entrance”.  The entrance will have polished black granite... read more

Oct 7, 2009

Versace closes Japan

Versace are withdrawing from the Japanese market with the closure of its last three stores in Tokyo, Osaka & Chiba and liquidation of the Japanese business by the end of the year.  This isn’t a permanent move however, its more because the Versace boutiques no longer represent the brand image and they feel its better to clear the slate and start again with the right locations, distribution... read more

Sep 11, 2009

Versace opens new store at Bergdorf’s

Versace opened a new 37m2 shop in Bergdorf Goodman’s this week for ready-to-wear, accessories & shoes.  The space is on the 2nd floor between Dolce & Gabanna & Gucci. The enhanced space is a step forward in the relationship between Bergdorf & Versace, who were absent from the iconic fashion store for 3 years till they reintered in 2007 but with a far from optimum... read more

Aug 23, 2009

Swiss watch sales continue to decline

waynamah/flickr Exports of Swiss watches have continued to fall, with July recording a 25.9% decline over the previous year. Overall since January, Swiss watch exports have fallen 26.3% or US6.8 billion. Sales of Swiss watches have been in significant decline since the end of 2008 with exports now below 2006 levels. Those surviving best are watches priced between 200-500 Swiss francs (US $186-%466) which... read more