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The LVMH Group’s watchmaking brands including Bvlgari, Zenith and TAG Heuer held a digital week to launch their 2021 novelties; Bahrain-GCC trade hit $5.7bn in 2020 despite COVID-19 restrictions
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Market News
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The LVMH Group’s watchmaking brands including Bvlgari, Zenith and TAG Heuer held a digital week to launch their 2021 novelties
The LVMH Group released their novelties for 2021 during a virtual LVMH Watch Week. According to Stephane Bianchi, LVMH Watch and Jewellery Division CEO, the LVMH Watch Week is an important get to together for this industry and expressed her thanks to all their partners for joining. The venue was the Bvlgari Resort Dubai, the largest establishment in the Bvlgari hotel collection. The event provided a unique opportunity for LVMH Maisons to showcase their new timepieces, complementary brand images and the strategy of the LVMH watchmaking division to retailers and journalists from across the world. |
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Bahrain-GCC trade hit $5.7bn in 2020 despite COVID-19 restrictions
Bahrain-GCC trade reached $5.7 billion in 2020, accounting for 25 per cent of Bahrain’s global bilateral trade for the year ($20.8 billion).The figures were released at the same time as Bahrain’s Information and eGovernment Authority quarterly foreign trade report, identifying a 12 per cent surge in national origin exports buoyed by a thriving manufacturing sector. Regional home to national and multinational manufacturing and logistics giants including Alba, Mondelez, Reckitt Benckiser and DHL, Bahrain offers a US FTA and direct access to the GCC’s largest consumer market – the Kingdom of Saudi Arabia. |
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Company News
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Louis Moinet’s Space Revolution earned two distinctions at the MUSE Design Awards 2020
Selected from 4,618 entries representing almost 60 countries, Space Revolution won both the Fashion Design of the Year award and the Platinum award in the MUSE Design Awards 2020. The Fashion Design of the Year award honours the highest-scoring entry out of all Platinum award winners within each category. The MUSE Design Awards is an innovative international competition intended for design professionals who contribute to fostering exploration of new horizons for their industries. The judges for this year’s competitions came from 22 countries. These exceptional professionals from around the world belong to leading companies in the creative and digital industry.
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Tiffany & Co. acquires rare 80-Carat Diamond
Tiffany & Co. recently announced that it will reimagine an archival Tiffany high jewelry necklace from 1939. The original aquamarine design has been modernized with an extraordinary oval diamond of over 80 carats, the largest diamond ever offered by Tiffany and eclipsed only by the Tiffany Diamond, which famously is not for sale. The diamond necklace will be unveiled in celebration of the momentous 2022 reopening of the transformed Tiffany Fifth Avenue flagship store, making history once again, just as the original necklace did nearly a century ago when it debuted at the World’s Fair in Queens, New York. Responsibly sourced in Botswana, Africa, the diamond will be set by Tiffany artisans in New York City.
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Product Launch
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Chopard launches its Precious Lace Collection
With its intricate all-diamond jewels, the Precious Lace Collection is a contemporary classic of today’s jewellery world. Instantly recognisable as the Maison’s stylistic signature, this jewellery line is light, lyrical and supremely feminine, as well as unmistakably Chopard in its effortless design and mastery of craft skills. The collection, inspired by the lightness and whiteness of lace, plays with light and space, weaving diamonds and gold together in fluid, intricate openwork. The result is a fascinating dialogue between strength and fragility, substance and delicacy; between the eternal brilliance of the diamond and the ethereal weightlessness of a lace-like jewel floating over the skin, hovering between Haute Couture and Haute Joaillerie. |
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ZENITH unveils the new Chronomaster Sport collection
The latest Chronomaster Sport collection marks the beginning of new era for the quintessential Zenith sporty-chic chronograph. Once again pushing the boundaries of high-frequency precision, the Chronomaster Sport is the culmination point in Zenith’s unequalled legacy of automatic chronographs that combines the spirit of the El Primero A386, the form of the Chronomaster De Luca and the high-frequency performance established by the El Primero calibre for over 50 years in a sporty chronograph like no other – in both style and substance. Always moving towards building the future of watchmaking, Zenith has built on the foundation of the El Primero caliber with a marked increase in performance directly perceptible by the user. The new El Primero 3600 calibre offers even more performance and precision than its forebearer, with its ultra-readable 1/10th of a second display etched directly on its black ceramic bezel - the only watch to do so. |
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De Bethune presents DB Kind of Two Tourbillon
The DB Kind of Two Tourbillon is perfectly reversible and can be worn on either side according to the mood of the moment. This model houses a highly sophisticated mechanism based on a complex system of gears and pinions arranged on the front or back of the watch, and which enables the hands to turn in the right direction, regardless of the dial chosen. Central seconds on one side? Shift the display of this indication to 6 o’clock on the other? Add a tourbillon that would be invisible on the other side? Opt for a modern or more traditional design? The initial inspiration was to create a watch with two very different identities, of which the aesthetic aspect guided the technical design of the new calibre entirely developed by Manufacture De Bethune at L’Auberson in the Swiss Jura. |
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Franck Dubarry introduces a new collection dedicated for today's women
Franck Dubarry's latest collection, the Crazy Wheel GEMMA pays homage to modern women, bringing together cutting-edge technologies, refined materials, gemstones and happy colors. The in-house Gravitational Flying-hour is topped by an Invisible-set bezel, Emeralds or Sapphires baguettes highlighting the finely decorated and lacquered dials. Developed and manufactured by Franck Dubarry SA, this in-house 360 Mechanism displays a laser-cut hour disc on the minute flying-bridge. A mechanical differential allows the hour dial to remain horizontal while telling the time. With its 38-hours power-reserve, the 4Hz automatic movement displays the date through a skeletonized and multi-level architecture dial. |
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Presenting Garrard’s new Fanfare Symphony jewels
Injecting bold colour into the new year, Garrard has expanded its popular Fanfare collection with a new range of refreshingly contemporary Fanfare Symphony jewels. Each piece contrasts the vibrancy of the House’s signature coloured gemstones with the unique beauty of ornamental hardstones. Looking to expand the theme of colour that infused the original Fanfare collection, Garrard’s designers turned to the diverse world of hardstones for an exciting new palette with which to work. Creating mood boards featuring different combinations of gemstones and hardstones, they narrowed them down until they were left with the most harmonious pairings. |
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Exhibitions & Events
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IEG’S announces 2021 Jewellery Agenda
The gold-jewellery industry’s trade shows are back, with physical attendance, at OROAREZZO in June and VICENZAORO in September OROAREZZO, with physical attendance, from 12th to 15th June 2021 at the Expo Centre in Arezzo, and, also with physical attendance, VICENZAORO, T.GOLD and VOVintage, from 10th to 14th September 2021 in Vicenza. Prior to that, 23rd March 2021 will see WE ARE Jewellery, an unprecedented digital B2B format specifically designed to present new jewellery collections to remotely linked buyers from all over the world. |
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Celebrity News
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Holly Willoughby wears Yoko London
Holly Willoughby looked beautiful wearing jewellery from Yoko London’s Petal collection. Holly wore an alluring pair of South Sea pearl and diamond earrings and a unique, transformable South Sea pearl and diamond ring. |
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