The German jewellery brand has announced a new managing director for its UK business, and appointed a new head of wholesale after luxury brand Tag Heuer poached Nick Callegari for a commercial director role.
Moda Operandi is debuting its showroom-to-shopping e-commerce trunk show experience for fine and heirloom jewelry in the US. The company has previously experimented with the trunk show format for other categories.
The world’s largest retailer of diamond jewelry has signed onto De Beers’ pilot program for diamond blockchain Tracr, the first retailer to join a growing number of big diamond industry names trialling the platform.
Mining firm Petra Diamonds said on Thursday it would raise $178 million (£133 million) from investors to cut debt after it was hobbled by a strong South African rand, delays in production, strikes and confiscation.
Fashion search platform Lyst has confirmed a new round of financing on the part of luxury giant LVMH. While the terms weren’t disclosed, various reports put the amount both at “over” or “below” $60 million.