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Interview with Jimmy Mouawad, 5th Generation Co-Guardian of Mouawad; Bvlgari announces its withdrawal from Baselworld 2020; David Hockney’s 'The Splash' makes £23.1m at Sotheby's London
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Interviews
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Interview with Jimmy Mouawad, 5th Generation Co-Guardian of Mouawad
You now officially represent the 5th Generation Co-Guardian of Mouawad, What responsibilities does it put on your shoulders?
I see it as a great honor more than anything. It is an exciting moment to begin my career in a way that allows me to contribute to Mouawad’s future and to continue learning alongside the fourth generation.
How was the idea of creating the Mouawad Diamond Impact Fund elaborated and what role did you play in this direction?
I came up with the initial idea and then presented it to my father and uncles. Several discussions followed in which the project began to take shape, based on feedback and assessment of logistics and viability. Throughout this, I led the project and took responsibility for it.
In your opinion what role may the Mouawad Diamond Impact Fund have on the company’s journey towards sustainability?
Sustainability is essential for any organization and Mouawad has always sought ways to ensure that this is embedded in its vision and actions. The Mouawad Diamond Impact Fund brings a new dimension to sustainability, as it aims to give back to the communities and countries in which we source diamonds by sharing skills and knowledge and at the same time contributing to Mouawad’s goal of having its manufacturing bases entirely staffed by locals.
The MDIF’s vision is: To create a world where individuals have better opportunities to thrive and prosper regardless of their race, gender, or socio-economic status, how are you willing to achieve that?
We have already begun to implement this with our first group of Mouawad Diamond Impact Fund trainees. Five young South Africans were selected to receive training, which they successfully completed, and subsequently earned places to further their training in the Mouawad facility in Bangkok. They have all now successfully completed their training there and are equipped with skills that empower them to work in diamond manufacturing. This has given them a future of opportunity.
You come from a family of jewelers, what have you learned from your father, uncles and grandfather?
I have learned so many things that it would be impossible to list them all. I think that the things that resonate with me most are to be bold and visionary, to appreciate quality and craftsmanship, and to value personal relationships.
Did you have another choice other than the enrollment in the family business?
In life, you can only excel at the things that you really love. There is no question that what I am doing today is something that I am passionate about and that I am on a path that I have chosen myself.
You are young and ambitious, what are your dreams? What do you want to achieve?
I would like to be able to say that I made a difference to Mouawad, by bringing something new and visionary to the table, and that I made a difference to the world by paving the way for others to be successful too.
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Market News
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Bvlgari announces its withdrawal from Baselworld 2020
After the very successful LVMH Watch Week in Dubai in January, and considering the actual socio-economic situation with the growing traveling uncertainties of international visitors, Bvlgari Horlogerie has decided not to participate to Baselworld 2020. Bvlgari has already met its key clients and media in Dubai at the Bvlgari Resort early January during the first LVMH Watch Week, introducing its most important 2020 novelties including the World Record Serpenti Seduttori Tourbillon, the Diva Finissima Minute Repeater Malachite, the Octo Finissimo Minute Repeater Gold and the sporty Octo Finissimo Automatic 100 meters Steel.
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David Hockney’s 'The Splash' makes £23.1m at Sotheby's London
David Hockney’s breath-taking The Splash sold for £23,117,000/ $29,820,930 – the third highest price for the artist. Executed in 1966, the landmark pool painting first appeared at auction in Sotheby’s London salesroom in 1973, and again in 2006 when it sold for £2.9 million / $5.4 million – a record price for Hockney at the time. Nine of the top ten top prices for Hockney have been set in the past two years. David Hockney’s 30 Sunflowers will also lead Sotheby’s Hong Kong Contemporary Art Evening Auction in April.
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Company News
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International Luxury Group (ILG) hosts the second edition of its International Distributor Meet in Dubai
The International Luxury Group (ILG) hosted the second edition of its International Distributor Meet at JW Marriott Marquis Hotel, Dubai from February 9 to 13, 2020. International Luxury Group (ILG) is a renowned player in the field of licensed luxury, lifestyle and fashion watches, jewellery, accessories and eyewear. With strong know-how in product development, eminent expertise in the transcription of brand DNA into products, an extensive distribution and logistics network, manufacturing facilities and offices in Switzerland, France, Germany, USA, Hong Kong and Dubai, ILG offers complete brand immersion and distribution framework for over 50 luxury and lifestyle brands worldwide.
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Chopard opens new boutique in Courchevel
Chopard opened a new boutique in Courchevel 1850, entirely fitted out in a typically Alpine style, combining contemporary décor and the use of superior traditional materials. Located in the heart of the winter sports resort, at the entrance to the Espace Diamant arcade, Chopard’s Courchevel boutique has new premises. With a total surface area of 70m2, it is joining Maison Chopard’s 160 boutiques in presenting watch and jewellery creations crafted by gifted artisans in the company workshops. Imbued with Chopard's distinctive style, the boutique will be the ideal showcase for its casual chic Alpine Eagle and Happy Sport collections epitomising the art of leading a sporty and elegant lifestyle.
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Product Launch
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Bvlgari unveils Jannah Collection at Louvre Abu Dhabi
Bvlgari pays tribute to an unprecedented collaboration, the first of its kind, with Her Highness Sheikha Fatima bint Hazza bin Zayed Al Nahyan of the ruling United Arab Emirates Royal Family. A project flourished over two years, the Jannah Collection is the embodiment of both Bvlgari and Her Highness’s joyful and passionate love for life and devotion to heritage. The result is a touching tribute to the Princess's ideals through a fruitful collaboration between Bvlgari and Her Highness. The collection revolves around a five-petal flower, glorifying the bond between two wondrous cities - Abu Dhabi and Rome - with roots that run deep through time. More than merely a magnificent collection of jewels, the Jannah Collection is the story of two powerful families coming together in a celebration of shared values and reverence for heritage.
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Vacheron Constantin launches Égérie
There are two distinctive realms in which craftsmanship, know-how and rarity would be nothing without passion, creativity and concern for details. Haute Horlogerie and Haute Couture share this same vocation, continuously reinvented by the artisans working behind the scenes. Égérie was born from the conjunction between these two fields of expertise. Haute Couture instilled a sophisticated style, subtly paired with the asymmetrical aesthetic faithfully perpetuating the Vacheron Constantin heritage. Imbued with this two-fold inspiration, the new Égérie collection weaves the face of watchmaking femininity according to Vacheron Constantin. A watch featuring a classic look “draped” with a mischievous touch reflecting today’s women: inspiring, independent and charismatic.
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Frederique Constant unveils new models in its Classics Art Déco collection
Frederique Constant unveiled five new round models in its Classics Art Déco collection. A return to the basics, both contemporary and classic, for a collection created 13 years ago and whose success is attested on the wrist of the modern woman. The new Classics Art Déco Round line has appropriated the classic look of its elders while asserting itself as a timepiece of the age. Resolutely modern, the watch is above all feminine, with a very delicate casing, of harmonious proportions and considerable finesse, showing off to perfection the elegance of the wrists that it will adorn. For this purpose, the casing has also been slightly curved to perfectly fit the contour of the wrist.
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Laurent Ferrier unveils a new limited-edition annual calendar
Laurent Ferrier has unveiled a new limited-edition, user-friendly annual calendar. Restricted to just 5 pieces and housed within a 40mm steel case, the watch is endowed with a contemporary vintage style dial. Inspired from rare vintage watches of the 1950’s and their matte champagne finished dials, Laurent Ferrier’s latest limited edition is endowed with a contemporary vintage style dial. Named vintage due to its inspiration, it is housed in a 40mm stainless steel case and features an opaline yellow gold toned dial.
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Alpina enhances its Alpiner Quartz with the GMT function
The latest Alpiner Quartz GMT follows in the footsteps of its sporting predecessors. Its quartz technology gives it almost 4 years of precision time-keeping and also ensures that Alpina’s authentic Swiss-made timepieces are highly affordable without sacrificing the technology or finishes for which the brand is famous. The introduction of these three new models with GMT function further enhances the value of the Alpiner Quartz collection. Moreover, it allows travel enthusiasts to keep a close eye on the time at home; essential when contacting friends and family, arranging meetings across different time zones or simply readjusting your biological clock at the end of a long journey.
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Exhibitions & Events
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13th IIJS Signature commences buying season with India’s World-Class Jewellery Show
The Gem & Jewellery Export Promotion Council (GJEPC) presented the global trade with two wonderful opportunities to commence the Year’s buying season with the 13th edition of IIJS Signature and the 7th edition of India Gem & Jewellery Machinery Expo (IGJME) held from 13-16 February 2020 at the Bombay Exhibition Centre, Goregaon, Mumbai, spanning an area of over 45,000 sq. mts.
Mr. Subhash Desai, Hon. Minister for Industries & Mining, Maharashtra State, inaugurated the IIJS Signature along with Mr. Pramod Kumar Agrawal (Chairman, GJEPC); Mr. Colin Shah (Vice Chairman, GJEPC), Mr. Mansukh Kothari (Co-Convener Exhibitions and COA Member, GJEPC), Mr. Kirit Bhansali (Co-Convener Exhibitions & COA-Diamond Panel, GJEPC), Mr. Sabyasachi Ray (Executive Director, GJEPC), Mr. Shailesh Sangani (Member, National Exhibitions Sub-Committee, GJEPC), Mr. Russell Mehta (former VC and Advisor to Chairman, GJEPC) and Mr. Ashok Gajera (Regional Chairman, GJEPC) amongst others.
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Stephen Webster graces The Artisan Jewellery Design Awards 2020 an initiative of GJEPC
Legendary British designer Stephen Webster graced the annual momentous event recognising and rewarding the best in jewellery design, The Artisan Jewellery Design Awards, an initiative by the Gem & Jewellery Export Promotion Council (GJEPC). The Artisan Awards epitomises the highest levels of artistry, innovation and individuality - elevating jewellery designers to their rightful status of artistes. The purpose of The Artisan Awards is to inspire India's jewellery designers to push their design boundaries and demonstrate their skill by showcasing world-class pieces! The theme for this year’s The Artisan Jewellery Design Awards 2020 powered by GIA (Gemological Institute of America) was Architectural Gems under which there were different categories namely Art-Deco, Neo Futurism and Islamic Arabesque. |
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