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Lucapa to become a niche diamond company, says Wetherall

Lucapa Diamond believes that it will become the only company in the world with multiple diamond mining operations whose average diamond value is in excess of $1,000 per carat, once the Mothae mine is commissioned this year. Company chief executive and...

19 february 2018

Zimnisky: Diamonds lack fungibility to be a major investment product

Physical diamonds will never be a viable widespread investment product simply because they inherently lack fungibility, meaning they are all unique, according to Paul Zimnisky, an independent diamond industry analyst and consultant, who is based in New...

12 february 2018

Julien-Vincent Brunie: "Being surrounded by beauty and art is a privilege!"

This last December, shortly before Christmas, the Auction House of Christie's arranged a private display of jewelry in Moscow. The correspondent of Rough & Polished, who had an opportunity to visit this event, was able to admire a luxurious collection...

05 february 2018

Ali Pastorini: We would like meeting Mujeres Brillantes 2018 to be held in Russia

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 500 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

29 january 2018

Diamond Exchanges promote healthy development of the diamond industry, besides safe and basic infrastructures for diamond trade

Prior to joining the Guangzhou Diamond Exchange, Liang Weizhang served as a civil servant of Guangdong Entry-Exit Inspection & Quarantine Bureau as the director of the Kimberley Process Office. He participated in the KP Review missions to South Africa...

22 january 2018

Ex-Bulgari chief to become Tiffany & Co. CEO

14 july 2017
Tiffany & Co. has picked veteran luxury executive Alessandro Bogliolo, a former Bulgari chief operating officer, as its new CEO.
Bogliolo, 52, is currently CEO of Italian clothing retailer Diesel, where he has led a program to revitalize the company’s brand and improve the shopping experience for customers, Tiffany said. He previously spent 16 years at luxury jeweler Bulgari, including as chief operating officer and executive vice president for jewelry, watches and accessories.
Tiffany expects Bogliolo to fill a new post on October 2. He will also join the company's board of directors.
Tiffany's former CEO Frederic Cumenal, stepped down abruptly from the role in February.
The New York-based jeweler’s sales waned over the past two years, with 2016 holiday revenues recording a 4% drop. Tiffany’s February announcement of Cumenal’s departure noted that the board had been disappointed by recent financial results, and said the company needed to execute its strategies faster to compete with rivals.
“Today’s announcement concludes the board’s thorough process to identify and recruit an accomplished leader to position the company for sustainable growth in the years ahead,” the company said. “Alessandro has a well-deserved reputation for creativity and execution, having previously led a number of international brands to success and improved performance.”
Bogliolo vowed to strengthen the company’s position among the world’s top luxury brands.
“It is my goal to continue to delight our customers with compelling product offerings, supported by best-in-class operations,” he said.

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