Phillips Auctions a Record $290m Watches in 2025
January 08, 26
Phillips achieved its highest ever total from watches sold at auction in 2025. It raised over $290m, securing its position as top auction house in the sector, ahead of Sotheby's and Christie's. New York-based Phillips has partnered for the last 10 years with... Read More...
Festive Demand Drives Titan Jewelry Sales
January 08, 26Titan reported a 41 per cent surge in revenue for its jewelry sector during the three months to 31 December 2025. It said growth during Q3FY26 was fueled by vibrant festive demand and wedding season purchases, with revenue driven by substantial increases... Read More...
Holiday Season: Modest Uptick in US Jewelry Sales
January 07, 26Jewelry sales in the US grew by 1.6 per cent during the 2025 holiday period, outpacing last year's 0.8 per cent rise as consumers showed renewed confidence. Stable inflation also boosted discretionary spending, as shoppers gravitated toward meaningful gifts... Read More...
Diamond Slump: Botswana Sells $75,000 "Golden Passports"
January 07, 26Botswana is selling "golden passports" for $75,000-plus to plug a financial hole left by plunging diamond revenues. The Citizenship by Investment (CBI) program targets high-net-worth individuals from India, the US, South Africa, Pakistan, Nigeria, and Zimbabwe... Read More...
Hole in Wall Heist: Raiders Loot 3,000 Safe Deposit Boxes
January 07, 26Thieves looted gold, diamonds, jewelry, cash and other valuables from 3,000 safe deposit boxes after drilling through the wall of a bank in Germany over the Christmas weekend. Police called it a "spectacular," raid that was meticulously planned and which would... Read More...
Memo by John Jeffay
January 08First there was the smartphone, then came the smartwatch, followed by the smart ring. And now the latest must-have is the smart earring. It will track your heart rate, sleep patterns and posture. It captures health signals that are impossible to measure by a device worn... Read More...