British retailer Watches of Switzerland Group recently announced its acquisition of the U.S. division of Italian jewellery brand Roberto Coin Inc. For a hefty sum of US$130 million (approximately C$177 million), Watches of Switzerland gains exclusive distribution rights to Roberto Coin jewellery across the United States, Canada, the Caribbean,...
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A lawsuit filed in Alaska Superior Court pushes legal action against Alaska-based Soni Jewelers (also operating under the name Colors Fine Jewelers) and its owner Suni Lakhwani. The state's attorney general Treg R. Taylor asserts that Lakhwani’s store misrepresented man-made gold quartz and imitation nuggets as natural gold mined...
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American jewellery manufacturer Stuller has released its latest 2024-25 packaging and displays catalogue, showcasing an array of new offerings designed to enhance brand presentation. With a focus on complementary colours and finishes, the newest iteration of the catalogue offers a diverse selection for retailers.
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Arrests have been made following two connected jewellery store robberies in Mississauga, Ont. The incidents occurred at two separate Mississauga malls within a 24-hour period—Erin Mills Town Centre and Square One. Peel Regional Police have charged two individuals from Toronto and one youth so far.
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A remarkable 202.18-carat fancy intense yellow fancy colour diamond stole the show at the Magnificent Jewels show in Geneva, kicking off Christie’s first live auction of the year with a flourish. Dubbed the “Yellow Rose,” the unmounted gem originating from South Africa fetched an impressive US$6.7 million (C$9.15 million)....
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Due to a cyberattack rendering their website inaccessible, auction house Christie’s was forced to postpone its recent watch auction titled "Rare Watches at Christie’s Geneva." The company has referred to the the incident as a “technology security issue.”
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British multinational mining company Anglo American has confirmed its plans to sell its diamond subsidiary, De Beers, publicly stating that De Beers will be “divested or demerged” from its portfolio. Anglo American currently holds 85 per cent of De Beers’ shares, the remaining 15 per cent is owned by...
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Peel police suspect that some of the gold stolen in the $20 million gold heist at Toronto, Ont.’s Pearson Airport—the largest gold theft in Canadian history and sixth largest in the world—may have been melted down in the basement of a Toronto-area jewellery store.
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Pandora reports a strong start to their fiscal year, marking a record Q1 performance of 6.83 billion Danish kroner (US$980.5 million, C$1.34 billion). The company witnessed a notable 17 per cent surge in revenue year-over-year. This growth, equivalent to 18 per cent organically, was further accentuated by an impressive...
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Rogelio Villarreal, a resident of Tamaulipas, Mexico, stumbled upon what seemed like an incredible opportunity when browsing luxury jeweller Cartier’s website: 18K diamond-studded rose-gold earrings priced at 237 Mexican pesos (US$13, C$19). Villarreal bought two pairs, completely unaware of the long legal battle that would follow the seemingly innocent...
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