A weekly roundup of what you might have missed in the jewelry and luxury world.
Queen Elizabeth II’s Sapphire Jubilee
Feb. 6th, Queen Elizabeth II celebrated for the first time ever in the British Monarchy history 65-year reign. Her Majesty the Queen acceded to the throne in 1952 after her father George VI’s death. She was officially incoronated on June 2nd, 1953. She is the most long-lasting Queen in the world (Queen Victoria got the Diamond Jubilee for her 60-year reign and she died after 4 years of the celebration). To learn more about all the ‘precious’ numbers of Queen Elizabeth click here
Piaget new CEO
After Philippe Leopold-Metzger left Piaget, Chabi Nouri has been appointed as the new CEO of the Richmond brand, Piaget. Chabi Nouri was already part of the company in the marketing department. She will officially cover the new role from April 1st.
Penelope Cruz in Chopard
Spanish actress Penelope Cruz, who was nominated as best leading actress for her role in La Reina de España, attended the 31st Annual Cinema Goya Awards in Madrid wearing some Chopard’s beautiful jewels from The Green Carpet Collection and the High Jewellery collection.
The Festival of Light by Swarovski
The seven-hectare garden of Swarovski Crystal Worlds has been transformed into a mystical world of light and sound, thanks to four unique installations that light up after sunset, together with a perfectly coordinated sound concept. Every day from 17:00 onwards, the spectacular show creates new surprises in every corner of the park. Till February 19
Pearls on the rise
Over the last months, we’ve seen this stunning organic gem take over not only the runways of high-end jewelry and fashion giants like Chanel and Dior but also the campaign trail of the two candidates to the US presidency. This, combined with the scarcity of pearls due to the rising levels of acidity in the Pacific Ocean and the political turmoil affecting the Asia-Pacific region, determined a record-high value on the markets. In 2015, pearl sales went up by 369% and analysts expect 2016 to raise the bar even higher. The whole industry is galvanized by this “Pearl Renaissance”. And the best might be yet to come.
Source: Luxury Daily
Tiffany, lights and shades
Last Sunday, all the world saw the New England Patriots – who took home a jaw-dropping, unprecedented overtime win at the Super Bowl LI – raise the Vince Lombardi Cup designed by Tiffany. Earlier that evening, during the half-time show, Lady Gaga – recently hired by the American jewellery giant as Tiffany’s new face – shone under the spotlights of the NRG Stadium in Houston. However, despite this global exhibition of power, the New York-based jewelry brand is going through an unprecedented period of tension and uncertainty. Right before the Super Bowl, the brand had announced the departure of Frederic Cumenal who resigned as chief executive officer of the company and will be substituted by Michael J. Kowalski, chairman of Tiffany’s board of directors and former CEO of the brand. Tiffany itself made no secret of the reason behind the organizational change: the disappointing financial results. “The board is committed to our current core business strategies, but has been disappointed by recent financial results,” Kowalski stated in an interview. “The board believes that accelerating execution of those strategies is necessary to compete more effectively in today’s global luxury market and improve performance.”