Found: Long Lost Gems From Plane Crash on Mont Blanc

A French mountain climber scaling Mont Blanc came upon gems worth approximately $333,000, according to reports in The Guardian and other publications.

The precious stones almost certainly belonged to someone on one of two Air India flights that crashed into the famous mountain in 1950 and 1996, according to the reports. A total of 165 people were killed in those two crashes.

The gems, around 100, were found neatly packed in bags that were marked, “Made in India,” according to The Guardian report. The mountain climber immediately turned the stones over to local French authorities.

At 15,781 feet, Mont Blanc, which borders France and Italy, is the highest mountain in the Alps and the European Union. The summit is ascended by an average 20,000 mountaineer-tourists each year. 

A special thank you to independent jewelry designer, Etienne Perret, for altering me to this story.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Web site.

A French mountain climber scaling Mont Blanc came upon gems worth approximately $333,000, according to reports in The Guardian and other publications.

The precious stones almost certainly belonged to someone on one of two Air India flights that crashed into the famous mountain in 1950 and 1996, according to the reports. A total of 165 people were killed in those two crashes.

The gems, around 100, were found neatly packed in bags that were marked, “Made in India,” according to The Guardian report. The mountain climber immediately turned the stones over to local French authorities.

At 15,781 feet, Mont Blanc, which borders France and Italy, is the highest mountain in the Alps and the European Union. The summit is ascended by an average 20,000 mountaineer-tourists each year. 

A special thank you to independent jewelry designer, Etienne Perret, for altering me to this story.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Web site.

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New Italian Jewelry Designs from VicenzaOro

The subtle differences of the two tones of gold color and the texture of the precious metal are the hallmarks of Anna Maria Cammilli. The simplicity of this nature-inspired motif is used throughout the collection in complicated ways. Diamond accents enhance the design.

The recently concluded VicenzaOro Fall jewelry tradeshow may have marked a turning point for the Italian jewelry industry, which has been suffering due to the global recession, the spike in gold prices and high labor costs.

The butterfly from Damiani uses yellow gold accented by brown and white diamonds, and amethysts. Each butterfly is made with a variety of material combinations and can be worn as a pendant, brooch or set onto a ring.

At this year’s show, held September 7 -11, approximately, 1,200 Italian and foreign brands from 30 countries presented a breadth of jewelry products to more than 18,000 buyers (10,879 from Italy and 7,160 from 111 other countries).

18k yellow gold cuff with diamond pavé accent by Chimento.

Show officials were particularly excited about the “return” of some Italian retailers, seeing it as “an encouraging sign considering the much-desired end of the most critical phase of the recession.”

A silver star-shaped ring with a white pearl by Mayumi.

The show numbers coincide with data from the Italian government reporting second quarter growth for Italian jewelry exports, after two years of decline. Growth was recorded in terms of value (6%) and quantity (2.6%) over the same period of the previous year. Exports to the US, the world’s largest jewelry market, increased 12 percent in value in the second quarter.

From Fope’s Flex’it collection, patented ‘roll on’ mesh chain bracelets are crafted in 18k gold and fully flexible, without clasps. The Niue line is designed with a refined version of the classic gold mesh, enriched with black or white diamonds, multiple rondels and limited edition pink sapphire or gold cognac diamond balls.

“Among the industry players there is an atmosphere of moderate confidence,” show officials said.

Rose gold bracelet in a flowing design partially covered with white diamond pave by I Gregori Milano.

VicenzaOro, held four times a year, serves as a showcase of beautiful objects that combine artistry, international fashion trends and technical knowhow. Italian fine jewelry in terms of design and craftsmanship is unparalleled in the world of jewelry making. On this level, the show did not disappoint.

Inspired by the Boboli Gardens this collection of handmade jewellery by Nouvelle Bague uses in gold and diamonds, combined with colored enamel.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Web site.

Rings from Porrati with white pearls and rose gold; with pink sapphires set on rose gold; a rose gold ring; and a thin rose gold band set with pink sapphires.

 

I added a piece from Brazilian designer Carla Amorim who was inspired by the formation of sand dunes for these rose gold earrings.

The subtle differences of the two tones of gold color and the texture of the precious metal are the hallmarks of Anna Maria Cammilli. The simplicity of this nature-inspired motif is used throughout the collection in complicated ways. Diamond accents enhance the design.

The recently concluded VicenzaOro Fall jewelry tradeshow may have marked a turning point for the Italian jewelry industry, which has been suffering due to the global recession, the spike in gold prices and high labor costs.

The butterfly from Damiani uses yellow gold accented by brown and white diamonds, and amethysts. Each butterfly is made with a variety of material combinations and can be worn as a pendant, brooch or set onto a ring.

At this year’s show, held September 7 -11, approximately, 1,200 Italian and foreign brands from 30 countries presented a breadth of jewelry products to more than 18,000 buyers (10,879 from Italy and 7,160 from 111 other countries).

18k yellow gold cuff with diamond pavé accent by Chimento.

Show officials were particularly excited about the “return” of some Italian retailers, seeing it as “an encouraging sign considering the much-desired end of the most critical phase of the recession.”

A silver star-shaped ring with a white pearl by Mayumi.

The show numbers coincide with data from the Italian government reporting second quarter growth for Italian jewelry exports, after two years of decline. Growth was recorded in terms of value (6%) and quantity (2.6%) over the same period of the previous year. Exports to the US, the world’s largest jewelry market, increased 12 percent in value in the second quarter.

From Fope’s Flex’it collection, patented ‘roll on’ mesh chain bracelets are crafted in 18k gold and fully flexible, without clasps. The Niue line is designed with a refined version of the classic gold mesh, enriched with black or white diamonds, multiple rondels and limited edition pink sapphire or gold cognac diamond balls.

“Among the industry players there is an atmosphere of moderate confidence,” show officials said.

Rose gold bracelet in a flowing design partially covered with white diamond pave by I Gregori Milano.

VicenzaOro, held four times a year, serves as a showcase of beautiful objects that combine artistry, international fashion trends and technical knowhow. Italian fine jewelry in terms of design and craftsmanship is unparalleled in the world of jewelry making. On this level, the show did not disappoint.

Inspired by the Boboli Gardens this collection of handmade jewellery by Nouvelle Bague uses in gold and diamonds, combined with colored enamel.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Web site.

Rings from Porrati with white pearls and rose gold; with pink sapphires set on rose gold; a rose gold ring; and a thin rose gold band set with pink sapphires.

 

I added a piece from Brazilian designer Carla Amorim who was inspired by the formation of sand dunes for these rose gold earrings.

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A French Company Acquires Another Prestigious Italian Jewelry Brand

Tilda Swinton, a spokesperson for Pomellato.

Less than two years after French conglomerate LVMH acquired luxury Italian jewelry brand Bulgari; its French competitor, holding company Kering, finalized its acquisition of Italian jewelry brand Pomellato.

The agreement for Kering to purchase a majority stake in Pomellato was announced in April. On Thursday, Kering, formerly known as PPR, announced in a brief statement that the agreement received clearance from the antitrust authorities and has been finalized.

Pomellato was one of the few truly prestigious independent Italian jewelry brands left to acquire. The brand was founded by Pino Rabolini in Milan in 1967, pioneering the concept of ready-to-wear jewelry. The idea was that jewelry is not just a status symbol but an accessory to be worn and replaced at any time of the day. The current CEO, Andrea Morante, will remain in this position with the company.

Pomellato ranks among the top five European jewelers by sales, with 2012 revenues of €146 million ($190 million). It has a distinct style, an international following and an aura of exclusivity. The brand is known for its colorful rounded cabochon gems and its tactile forms. For example, pavé patterns are created with gemstones of various sizes and irregular forms. In recent years, the company was also known for its advertising partnership with actress Tilda Swinton, who appeared in company photographs and videos.

In 1995, Pomellato launched a second brand, Dodo, an accessible line of 18k gold charms in the shapes of animals. The name, after an extinct bird, was chosen as a way to exemplify the need to protect nature. The brand supports the Italian World Wildlife Fund, working to prevent the extinction of other animal species.

Pomellato’s distribution network includes 86 mono-brand stores (45 Pomellato, 41 Dodo) as well as approximately 600 independent points of sale around the world. More importantly for Pomellato and Kering is that there is plenty of room for growth. Pomellato has expressed an interest to extend its international distribution. Kering, with its immense size as an international player in the apparel and accessories markets, can fuel that growth.

Kering is present in more than 120 countries and generated revenues of €9.7 billion ($12.4 billion) in 2012. With the acquisition Pomellato finalized, the company now has a majority stake in 19 brands that include international luxury fashion brands Gucci, Bottega Veneta and Saint Laurent; French luxury jewelry brand, Boucheron; Chinese luxury jewelry brand, Qeelin; luxury Swiss watch brands, Girard-Perregaux and Jewn-Richard; and sports brand, Puma.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

Tilda Swinton, a spokesperson for Pomellato.

Less than two years after French conglomerate LVMH acquired luxury Italian jewelry brand Bulgari; its French competitor, holding company Kering, finalized its acquisition of Italian jewelry brand Pomellato.

The agreement for Kering to purchase a majority stake in Pomellato was announced in April. On Thursday, Kering, formerly known as PPR, announced in a brief statement that the agreement received clearance from the antitrust authorities and has been finalized.

Pomellato was one of the few truly prestigious independent Italian jewelry brands left to acquire. The brand was founded by Pino Rabolini in Milan in 1967, pioneering the concept of ready-to-wear jewelry. The idea was that jewelry is not just a status symbol but an accessory to be worn and replaced at any time of the day. The current CEO, Andrea Morante, will remain in this position with the company.

Pomellato ranks among the top five European jewelers by sales, with 2012 revenues of €146 million ($190 million). It has a distinct style, an international following and an aura of exclusivity. The brand is known for its colorful rounded cabochon gems and its tactile forms. For example, pavé patterns are created with gemstones of various sizes and irregular forms. In recent years, the company was also known for its advertising partnership with actress Tilda Swinton, who appeared in company photographs and videos.

In 1995, Pomellato launched a second brand, Dodo, an accessible line of 18k gold charms in the shapes of animals. The name, after an extinct bird, was chosen as a way to exemplify the need to protect nature. The brand supports the Italian World Wildlife Fund, working to prevent the extinction of other animal species.

Pomellato’s distribution network includes 86 mono-brand stores (45 Pomellato, 41 Dodo) as well as approximately 600 independent points of sale around the world. More importantly for Pomellato and Kering is that there is plenty of room for growth. Pomellato has expressed an interest to extend its international distribution. Kering, with its immense size as an international player in the apparel and accessories markets, can fuel that growth.

Kering is present in more than 120 countries and generated revenues of €9.7 billion ($12.4 billion) in 2012. With the acquisition Pomellato finalized, the company now has a majority stake in 19 brands that include international luxury fashion brands Gucci, Bottega Veneta and Saint Laurent; French luxury jewelry brand, Boucheron; Chinese luxury jewelry brand, Qeelin; luxury Swiss watch brands, Girard-Perregaux and Jewn-Richard; and sports brand, Puma.

Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

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U.S. Sees First Increase in Gold Jewelry Demand in 7 Years

Gold jewelry making a comeback.

Gold jewelry demand in the U.S. for the first quarter of 2013 grew by more than 5% year-over-year to reach a value of $986 million. This is the first increase in demand since the third quarter of 2005, the World Gold Council said Thursday.

The lower-end of the U.S. jewelry market rebounded considerably, the WGC in its quarterly Gold Demand Trends report, adding that it’s “a further positive sign of recovery in the U.S. economy, coinciding with a correction in the gold price over the course of the quarter.”

Meanwhile, the amount of gold used for the fabrication of jewelry worldwide increased by 12% year-over-year to 551 metric tons for the first quarter of 2013, worth a record value of $28.9 billion, according to the report.

The dramatic decline in the value of gold has led to an increase in demand, the WGC said in the report. However, that demand is largely limited to India and China, who continue to distance themselves from the rest of the world in their passion for gold jewelry. The two countries combined now account for 62% of gold jewelry demand, according to the report. The U.S. for the first time in more seven years saw a year-over-year increase in gold jewelry demand.

Other highlights of the report include:

* Gold jewelry demand surged by 19% in China to a record level, led by Chinese New Year gifting in January and a rebound in consumer sentiment, WGC said. This is despite new in leadership in China calling for less conspicuous consumption. Demand saw the largest increase in 24k gold jewelry, although demand for 18k gold jewelry also increased.

* In India, year-over-year demand grew by 15% and came just short of beating the fourth quarter 2012 record. However, that gain was compared a very soft first quarter of 2012.

* Meanwhile, gold jewelry demand in Italy and the U.K. fell dramatically, 12% and 7%, respectively, as difficult economic continues continue to lead consumers to purchase lower-karat gold and silver jewelry.

 Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

Gold jewelry making a comeback.

Gold jewelry demand in the U.S. for the first quarter of 2013 grew by more than 5% year-over-year to reach a value of $986 million. This is the first increase in demand since the third quarter of 2005, the World Gold Council said Thursday.

The lower-end of the U.S. jewelry market rebounded considerably, the WGC in its quarterly Gold Demand Trends report, adding that it’s “a further positive sign of recovery in the U.S. economy, coinciding with a correction in the gold price over the course of the quarter.”

Meanwhile, the amount of gold used for the fabrication of jewelry worldwide increased by 12% year-over-year to 551 metric tons for the first quarter of 2013, worth a record value of $28.9 billion, according to the report.

The dramatic decline in the value of gold has led to an increase in demand, the WGC said in the report. However, that demand is largely limited to India and China, who continue to distance themselves from the rest of the world in their passion for gold jewelry. The two countries combined now account for 62% of gold jewelry demand, according to the report. The U.S. for the first time in more seven years saw a year-over-year increase in gold jewelry demand.

Other highlights of the report include:

* Gold jewelry demand surged by 19% in China to a record level, led by Chinese New Year gifting in January and a rebound in consumer sentiment, WGC said. This is despite new in leadership in China calling for less conspicuous consumption. Demand saw the largest increase in 24k gold jewelry, although demand for 18k gold jewelry also increased.

* In India, year-over-year demand grew by 15% and came just short of beating the fourth quarter 2012 record. However, that gain was compared a very soft first quarter of 2012.

* Meanwhile, gold jewelry demand in Italy and the U.K. fell dramatically, 12% and 7%, respectively, as difficult economic continues continue to lead consumers to purchase lower-karat gold and silver jewelry.

 Please join me on the Jewelry News Network Facebook Page, on Twitter @JewelryNewsNet and on the Forbes Website.

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