French police have arrested three suspects after armed robbers stole €10m price of jewellery from a Paris retailer on Place Vendome. If diamonds are eternally and a woman’s finest friend, then adding the world’s smallest art work,to what already shines ought to makes them much more particular. A 55.22 carat ruby named “Estrela de Fura” offered at Sotheby’s in New York for $34.8 million, setting a brand new record price at auction for the valuable stone. Sotheby’s also bought “The Eternal Pink,” a rare 10.57-carat diamond for a similar price. Brands like Lizzie Mandler now incorporate men and women of their campaigns and the classic pinky rings and sumptuous gold pendants created by brand The One I Love are must-haves for all genders.
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Retail Edge’s Dyer defined that sustained high demand for customized design, as well as Argyle pink diamonds, have been robust drivers of performance across the diamond-set jewelry class. Consumers might have been spurred on by the closure of the long-lasting Argyle Mine in Western Australia, the world’s premier supply of pink diamonds, in November. Sales stories indicate Australian consumers have embraced jewellery spending over the previous four months, with diamond-set items the leading product class. Zoya entered the state of Gujarat by opening its first retailer at Palladium mall, Ahmedabad in the course of the quarter. With this expansion, the niche luxurious jewellery brand is now present in eight stores unfold throughout the cities of Mumbai, New Delhi, Bengaluru, Gurgaon, Hyderabad, and Ahmedabad. Ltd., India’s leading jewellery retailer with a 7% market share, recorded a 19% rise in total jewelry gross sales to Rs.eight,575 crores ($1.03 billion) for the Q2 FY24 that ended on 30th September 2023 owing to robust demand for high-ticket gadgets.
