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Historic Cartier Tiara from Viscountess Astor to Lead Bonhams London Auction

Turquoise and diamond tiara, once owned by pioneering British MP Nancy Astor, expected to fetch up to £350,000 at June 5 sale.

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A rare turquoise and diamond Cartier tiara once owned by Viscountess Nancy Astor is set to headline Bonhams’ London Jewels auction on June 5. The tiara, which has remained out of the public eye since it was acquired by Lord Astor in 1930, is estimated to fetch up to £350,000 ($461,864).

Crafted by Cartier, the tiara features a central old brilliant-cut diamond surrounded by a mix of old brilliant-, single-, and rose-cut diamonds. Three turquoise plumes accented with diamond stems rise from the center, while each side is adorned with a fan-shaped turquoise panel design.

Viscountess Astor, born Nancy Witcher Langhorne, was a trailblazing American-born British politician and the first woman to take a seat in the UK Parliament, serving from 1919 to 1945. She met her husband, Waldorf Astor, during her transatlantic journey to England in 1905.

The auction will also showcase several other standout pieces. A toi et moi ring featuring a 2.05-carat fancy-pink diamond paired with a 1.42-carat fancy-bluish-green diamond is valued at up to £250,000 ($329,971). A trio of mid-19th-century antique rose-cut diamond brooches could achieve £80,000 ($105,593), while a Tiffany & Co. pavé-set diamond and gem-set leaves necklace is estimated at £60,000 ($79,193).

Also on offer is a pair of diamond chandelier earrings, with cascading pear-cut diamonds weighing 3.17 and 4.02 carats, expected to bring in up to £60,000. Rounding out the highlights is a 1930s Cartier clip brooch with circular-cut citrines and old brilliant-cut diamonds, estimated at £20,000 ($26,398).

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International News

Pandora Delivers 6% Organic Revenue Growth in Q3 2025 Amid Global Headwinds

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Danish jewellery giant Pandora reported 6% organic revenue growth in the third quarter of its 2025 financial year, despite a challenging global economic environment. The increase comprised 2% like-for-like growth and 4% from network expansion, according to the company’s latest Interim Report.

The brand’s gross margin stood at 79.3% for the quarter, slightly below the 80.1% recorded in Q3 2024. Pandora attributed a 280 basis-point headwind to foreign exchange, commodities, and tariff pressures. The company performed strongly in the US, while Spain, Canada, Poland, Portugal, and Japan all achieved double-digit like-for-like growth.

Pandora’s EBIT margin was 14.0% in Q3 2025, in line with expectations but 210 basis points lower year-on-year. Earnings per share declined 14%, though rose 5% in constant currency terms, reflecting steady underlying performance.

Alexander Lacik

“We continue our growth journey and delivered solid results in a quarter marked by a difficult macroeconomic backdrop,” said Alexander Lacik, Pandora’s President and CEO. “The early success of our new product launches shows how we can unlock market potential through innovation, emotional storytelling, and affordable luxury. We are well-positioned for the holiday season and on track to achieve our full-year targets.”

During the quarter, Pandora opened 11 concept stores and eight shop-in-shops, with network expansion contributing roughly 5% to overall organic growth. The company plans to continue expanding globally but has revised its store opening guidance for 2025 to around 25 net new concept stores, down from the previous range of 25–50, as it closes up to 100 stores in China to optimise profitability.

Pandora also intends to roll out around 25 company-operated shop-in-shops and introduce its new store concept across key locations in the coming months.

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