-
3 weeks ago | 
jewellermagazine.com | Samuel Ord |Martin Foster
Following the success of NASA’s Apollo 11 mission, Armstrong was broadly known as the first man on the moon. Shortly after returning from space, he was gifted the watch. The watch is one of 28 created for a celebratory event in 1969, where US President Richard Nixon was given the first production model of the yellow gold Moonwatch with burgundy bezel.
-
1 month ago | 
jewellermagazine.com | Samuel Ord |Martin Foster
Before the unveiling of Cubitus, Patek Philippe’s most recent line was the Twenty-4 Collection, released in 1999. Critics highlighted various supposed issues with the new collection and its launch. In a surprising twist, Patek Philippe president Thierry Stern got on the front foot and suggested that the criticism was predictable and came from ‘haters’.
-
1 month ago | 
jewellermagazine.com | Samuel Ord |Arabella Roden |Martin Foster
The Swiss jewellery and watch manufacturer purchased a 6,225-carat from mining company Gemfields in 2018 for an undisclosed amount. The gemstone was recovered from the Kagem Mine in Zambia. The rough was named ‘Insofu’ – meaning ‘elephant’ in the local Bemba language and has yielded 850-carats of gemstone quality emerald, which has been crafted into a 15-piece collection of necklaces, chokers, rings, earrings, a bracelet, and a watch.
-
1 month ago | 
jewellermagazine.com | Samuel Ord |Martin Foster
The 50-year-old actor, famous for his performances in films such as Blood Diamond (2006), Titanic (1997) and The Departed (2006), has been featured on the brand’s website and social media platforms as part of the Reach for the Crown initiative. DiCaprio appears alongside fellow Hollywood icons James Cameron and Martin Scorcese, as well as a series of prominent athletes, including Coco Gauff, Tiger Woods, and Roger Federer.
-
2 months ago | 
jewellermagazine.com | Justin K Prim |Samuel Ord |Martin Foster
Now Showing: Why are diamonds getting cheaper?; Rolex shuts down Bucherer; Hunting for rough in Tucson Posted February 21, 2025 | Take a few moments to enjoy Jeweller's Friday Flicks video selection including updates on current affairs and insights into the jewellery trade.
-
2 months ago | 
jewellermagazine.com | Samuel Ord |Martin Foster |Ian Cook |Arabella Roden
Rolex confirmed it had acquired the Swiss brand (Carl F. Bucherer) and retailer (Bucherer AG) in August 2023. The company has a rich history, beginning in 1888 when entrepreneur Carl-Friedrich Bucherer and his wife, Luise, opened a store in Lucerne. The acquisition sparked heated discussion in the watch industry. Watches of Switzerland immediately saw its share price fall, and the company released a statement asserting that the acquisition did not indicate that Rolex intended to shift into retail.
-
2 months ago | 
jewellermagazine.com | Samuel Ord |Martin Foster |Ian Cook |Arabella Roden
The Swiss manufacturer of brands such as Omega, Longines and Tissot reported a 14.6 per cent decline in sales. Revenue increases from the US and Japan were contrasted with struggles in China. “The figures reflected the ongoing difficulties for many luxury companies in China, where customers have been shunning expensive purchases during the country's economic slowdown,” writes John Revill for Reuters.
-
2 months ago | 
jewellermagazine.com | Samuel Ord |Martin Foster
The company, which owns brands such as Chaumet, Tiffany & Co., Bulgari, and TAG Heuer, confirmed that sales reached €10.58 billion ($AUD17.71 billion) for the year. Despite the sales decline, LVMH chairman Bernard Arnault joined a chorus of industry leaders to forecast improved trading conditions in the year ahead. “For once, I’m not going to announce record results. However, the year was solid and I am quite confident, even very confident, for the coming year.
-
Nov 26, 2024 | 
jewellermagazine.com | Samuel Ord |Martin Foster |angela han |Arabella Roden
While official attendance figures aren’t available from Informa Markets at the time of publication, foot traffic was visibly reduced, and reports from exhibitors reflected this. The explanation for the reduction in attendance is multifaceted. The general state of the global economy contrasts with the impact of a real estate crisis in China, evolving customs regulations, and a typhoon in Shanghai.
-
Nov 11, 2024 | 
jewellermagazine.com | Samuel Ord |Martin Foster
Before the unveiling of Cubitus in October, Patek Philippe’s most recent line was the Twenty-4 Collection, released in 1999. The brand described the collection release as a ‘milestone in the company’s history’. The new collection's reception has been mixed. Critics have addressed a range of perceived issues with the timepieces, including the design and the mismanagement of the launch.
