A weekly roundup of what you might have missed in the jewelry and luxury world.
Cartier Eyewear by Kering
Luxury group Kering has just signed a partnership to develop, manufacture and distribute eyewear for Cartier. The Cartier 2018 Spring Summer collection, which will be presented during the forthcoming Silmo in Paris (October 6-9, 2017), will mark the official beginning of the partnership.
The ‘Design Lab’ concept: new entry at Baselworld 2017
The new ‘Design Lab’ at Baselworld 2017, ended on March 30, was one of the big news of the year, showing the ongoing growth of the show’s competence in jewellery. For the first time, the special area was dedicated exclusively to well-known designers and promising brands, providing visitors an incomparable platform for successful designers and up-and-coming brands.
Will Damiani succeed in supporting the rebirth of Valenza?
The Italian jewellery maison is making a big effort to support and consolidate the growth of one of the most important jewellery districts in Europe. An important part of this strategy is the deal – almost concluded – to acquire Valenza’s Palamostre, an impressive facility opened in 2008 and abandoned since 2014. After closing the agreement, Damiani will transform it in its new headquarters, accommodating over 400 employees.
Source: Pambianco News
Swarovski and Karl Lagerfeld unveil a new jewelry collection
The crystal jewelry giant Swarovski teamed up with Karl Lagefeld’s jewellery brand to sell an accessible line of contemporary jewels. The range, composed of three collections (Ikonic, Klassic Karl and Essentials), will be launched this fall through a network of stores and boutiques in Europe, Asia, Middle East and United States.
Source: Fashion Network
Bulgari’s new big atelier
Yesterday the New York Times reported that the fashion jewelry house famois for its iconic “serpenti” symbol has opened one of the buggest factories in Europe. The new facility, located in Valenza, is more than 150.000 square feet wide. From now to 2020, Bulgari is planning on taking advantage of the new space to double its workforce, from the current 390 employees to almost 800.
Source: New York Times
Diavik mine changes hands
Patrick Boitumelo is the new chairman and COO of Diavik Diamond Mines. The 44-year-old businessman, who recently served as general manager of engineering at Kennecott Utah Copper, was appointed by Rio Tinto, a holding which owns a 60% stake of Diavik, while Dominion Corp. – a Canadian diamond mining company with ownership interests in the Ekati and Diavik mines – owns the remainder.