Top news of the week: 01.11.2023.
Rolex acquires building that houses rival Omega on priciest Geneva street for $133 million
Swatch Group AG, the parent entity of Omega, has its biggest boutique listed as a tenant in the property that has now been bought by a Rolex subsidiary, a report said.
Cartier CEO Extols Virtue of Timelessness
Cyrille Vigneron argued that “modernity is to have fresh eyes on things that may be very, very old.”
Luxury Brand Logos Losing Their Charm — From A Unique Look To A Standard Combination Of Letters
✓ Luxury brand logos are losing their charm ✓ From a unique look to a standard combination of letters ✓ What about watch brand logos? ✓
How 2023 became the year of the lab-grown diamond
Structurally identical to mined stones, sales of man-made diamonds were up 38% in 2022 to just under $12 billion. With their hype only growing, should legacy jewelry brands be worried?
Balenciaga Is Opening First Store in India
The freestanding unit is located in the new Jio World Plaza.
Secondhand luxury jewelry marketplaces Worthy and CIRCA to merge
Secondhand luxury jewelry marketplaces Worthy and CIRCA to merge
Leonie Brantberg Named CEO of London Jeweler Jessica McCormack
Brantberg was formerly chief of staff, strategy and growth projects, at Burberry, and a member of the executive committee.
Graff Debuts First Stand-alone Store in Southern California
The British jeweler is opening in South Coast Plaza where its neighbors are Harry Winston, Prada and other luxury stores.