A Tasmanian automotive business says its workers are “enjoying the additional days off” after adopting a four-day working week, as calls for the model grow across the nation. Thousands of Bunnings employees are set to take part in a four-day working week trial. Workers will receive a 10.5 per cent pay rise over three years … [Read more…]
Among the new faces at this year’s International Jewellery Fair (IJF) in Sydney will be members of the US-based Independent Jewelers Organisation (IJO). The IJO is a founding member of the Global Jewellers Network, a collaboration with Australia’s Nationwide Jewellers and The Company of Master Jewellers (CMJ) operating in the UK and Ireland. Coming … [Read more…]
The three-part World of Heidi Horten at Christie’s in Geneva has broken the world record for the most expensive jewellery collection to feature at auction. Part one took place live on 8 May and featured 96 items, returning $US155.6 million ($AU234.5 million). Two days later the second portion returned $US42.4 million ($AU63.9 million). The … [Read more…]
The Bulgari Laguna Blue, a pear-shaped fancy vivid blue diamond, has been sold for $US25.5 million ($AU37.9 million) at Sotheby’s Geneva. The diamond comfortably exceeded its pre-sale estimate after four minutes of frenzied bidding. It was the headline act of the Magnificent Jewels and Noble Jewels sale which garnered $US85.4 ($AU128.7 million) in sales. … [Read more…]
The Richemont Group has published its latest full-year financial report, recording a 21 per cent increase in jewellery sales off the back of easing pandemic restrictions in Asia. Sales from the jewellery category reached €13.43 billion ($AU21.79 billion) for the 12 months ending 31 March. The division’s directly operated store network, as well as … [Read more…]