Job Losses at Tiffany Subsidiary in Antwerp

Laurelton Diamonds, a De Beers sightholder, was established in 2002 to procure rough diamonds, and to cut, polish and supply polished stones to its own jewelry manufacturers.

Tiffany Necklace Breaks Records at Sotheby’s

The Medusa necklace, one of the earliest pieces designed by Louis Comfort Tiffany, sold for more than 18 times its high estimate at a recent Sotheby’s auction. The piece, designed in 1904, was last seen at auction 78 years ago. It fetched $3.7 million against an upper estimate of $200,000 following 10 minutes of heated … Read more

Tiffany to Sell Its Most Expensive Diamond

Tiffany 80carat necklace

Tiffany & Co. will offer a necklace featuring an 80-carat diamond, expected to be its most expensive piece ever, at the reopening of its New York Fifth Avenue flagship store next year. The oval-cut, D-color, internally flawless stone, which the jeweler sourced from Botswana and will set in-house in New York, is at the center … Read more

LVMH’s $16b Tiffany takeover is back on

Tiffany LVMH Acquisition

The largest deal in luxury is back on after New York’s famed jeweller Tiffany agreed to a slightly reduced offering price from LVMH in Paris. LVMH will now pay $US131.50 for each Tiffany share, putting the total price tag at $US15.8 billion ($22.5 billion), down from the $16.2 billion that was first offered earlier this … Read more