Jewel was from the collection of Queen Nazli, former queen mother of Egypt.
Third-quarter results suffered from unfavorable comparison with strong period last year.
Revenue up 10% year on year in third quarter.
Local newspaper claims country likely to sell large stones to partnership between Lucara and HB Antwerp.
Revenue from hard-luxury items including jewelry up 8% in September.
Chanel executive Marianne Zani joins organization’s board.
RAPAPORT PRESS RELEASE, November 2, 2022, Las Vegas… Diamond trading was cautious in October as demand softened.
6.25-carat gemstone salvaged from fabled Nuestra Señora de Atocha shipwreck of 1622.
Company recorded $1 million in profit, compared to loss of $918,953 in the previous quarter.
Rough sales up 42% year on year in third quarter.
Distribution will be rerouted from other points to service European market following blaze in Hamburg center.