Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds

Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...

11 november 2024

Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Big brands love big diamonds

03 february 2021
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Image credit: Louis Vuitton

The luxury brands which are not typically identified with the high jewelry category are drawn to big and exclusive diamonds, as a path to be part of what is considered a growth segment, the Diamond Loupe writes citing the New York Times.
LVMH's Louis Vuitton, partnering with high-end miner Lucara and Belgium-based manufacturer HB Antwerp aims to continue its legacy of creating bespoke pieces, with the 1,758ct enigmatic Sewelô, and the 549ct clear white Sethunya. Potential buyers will be part of the entire journey from rough to polished, and will be invited to decide on the outcome and witness the months-long process in Antwerp.
Tiffany & C°, recently acquired by LVMH and led by Louis Vuitton's Michael Burke is taking the same route to high jewelry, demonstrated by the remake of a vintage necklace, with a massive 80ct oval diamond as centerpiece.
Sources who attended the LVMH-Tiffany townhall meeting with employees earlier this month claim LVMH boss Bernard Arnault "wants to elevate Tiffany's standing, even if that took time. The French luxury conglomerate is said to be planning a revamp of existing stores as well as expansion into Asia and Europe. Alexandre Arnault, Bernard Arnault's son, will be in charge of realigning Tiffany's marketing messages alongside new CEO Anthony Ledru.

Alex Shishlo for Rough&Polished