Archive for December, 2009

Jessica Simpson announces desire to design jewellery

A lot of celebrities are starting to design jewellery for one reason or another, with Jessica Simpson being the latest one to announce her intentions to start as well

Jessica Simpson, the singer and actress, has announced her plans to go forward into the jewellery business, though she is still discussing the finer points of her ideas.

An insider, speaking to Fox News, revealed that she was chatting to designer Pascale Mouawad to create a new line, which could include wedding rings.

The unnamed source said: “Jess and her mom are really in pushing the wedding rings.

“Jess wants her own line but Pascal isn’t so keen on that. He wants to work with her, but definitely doesn’t think wedding rings would be appropriate for Jessica.”

Jessica Simpson has recently been linked to relationship-based allegations being levelled against Tiger Woods, the star of golf whose fall from grace has been particularly prominent in the last few weeks following a strange car crash at the end of his driveway, leading to revelations about his loyalty to his wife.

However, in order to protest her innocence, the star plans to take legal action against those making comments based on photos at a golfing event in the past.

Vivid Pink diamond sold off for record £6.5 million in Hong Kong

A rare, 5-carat ‘vivid pink’ diamond was auctioned off for a record £6.5 million at Christies in Hong Kong last week.

The sale made by an unidentified Asian buyer beat the previous record, set 15 years ago in Geneva for a 19.66-carat stone at £4.4 million.

Graff Diamond jewellers set the chickpea-sized stone (a quarter of the size of the Geneva stone) in a ‘cushion-cut’ ring. Francois Curiel, Christie’s Europe chairman described it as a “fabulous pink diamond, probably one of the rarest stones I’ve ever seen.”

The diamond’s pre-sale estimate was between five and seven million dollars. The pink gem’s per-carat price of £1.3 million was also the highest ever paid for any diamond at auction, according to Christie’s.

£1.2 million a carat for pink coloured diamond

“No stone has ever been sold for £1.2 million a carat, we were used to £600,000 a carat for coloured diamonds but never £1.2 million,” said Curiel. “This is an absolute record that is not going to be broken for a while I believe.”

The South African-mined diamond has minor blemishes, which the auction house says can be removed by minor re-polishing. The bid beat a £6.3 million bid for a seven-carat blue diamond in Geneva this year.

“This definitely went above its high estimate, but that is what the market thought it was worth,” a Christie’s spokeswoman told AFP. “We think this will probably hold for quite some time — it’s a very strong price.”

She added Asian jewellery buyers have become “an extremely important group” for the auction house. “They are very active, very sophisticated and they’re buying at the very high end.”