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07 may 2021 (idexonline.com) - A Chanel handbag for $600 a month. A Rolex Submariner watch for $300 a month. Why buy life s luxuries when you can rent them instead? A whole new world is opening up, not just for those with money to rent a range of high-end goods that are beyond the reach of most. But for ordinary folk to enjoy a more affordable buzz. Signet, the planet s biggest diamond retailer, embraced the rental philosophy this week with the much-publicized purchase of the fashion jewelry platform Rocksbox.
Jewelry2 days ago 14:26
Tiffany & Co., the iconic New York Jeweler, will launch its first-ever engagement ring collection for men. Since 1886, when Charles Lewis Tiffany introduced the solitaire Tiffany Setting, the simple six-prong design became an industry standard. While its wedding rings cater to both men and women, Tiffany has never designed an engagement ring specifically with men in mind till today.
Tiffany, which reported more than US$4 billion in jewelry sales last year, was acquired in January by luxury giant LVMH for US$15.8 billion. Currently, engagement rings account for 26% of the company’s total revenue. In May, Tiffany will unveil the Charles Tiffany Setting, a collection of solitaire rings for men with sizable round brilliant and emerald-cut diamonds up to 5 carats set in platinum or titanium. The new setting positions the diamonds inset in the metal bands, so they appear subdued compared with the prong setting. The collection is a modern, bold, and structural al