International News
Pomellato Celebrates Cannes Boutique Launch During Film Festival with Star-Studded Cocktail Event
Luxury Italian jeweller Pomellato unveiled its elegant new boutique in Cannes last week, marking the occasion with an exclusive cocktail party during the Cannes Film Festival. Among the high-profile guests was Alessandra Ambrosio, joined by model Maria Borges, Brazilian actress and singer Anttonia, and friends of the brand from across the French Riviera.
Designed to reflect Milanese elegance, the boutique offers a refined yet inviting retail experience. The interior features raw silk panels by Misha Milano, custom cast-glass wall sconces by design studio 6:AM, and Botolo chairs in Pomellato’s signature Montenapoleone red, designed by trailblazing female architect Cini Boeri.
Pink marble counters pay tribute to Milan’s iconic Duomo, while rounded architectural details create a warm ambiance. The boutique also houses a private salon adorned with artwork by Nicolò Quirico and a bespoke carpet inspired by the work of designer Fede Cheti, celebrating Milan’s design heritage and the contributions of female creatives.
The new location showcases Pomellato’s signature collections including Nudo, Iconica, Catene, and standout high jewellery creations, offering a luxurious destination for jewellery lovers in the heart of Cannes.
International News
Gold prices climbed above $4,250 ahead US ISM Manufacturing PMI release
US spot Gold prices climbed above $4,250 early Monday, touching a six-week high as investors turned cautious ahead of the upcoming US ISM Manufacturing PMI release. The yellow metal is poised for further upside momentum if it secures a sustained daily close above the crucial $4,250 resistance level.
The US Dollar opened December on a softer note, pressured by rising expectations that the Federal Reserve may announce a rate cut next week. Growing market confidence in easing monetary conditions has boosted the appeal of non-yielding assets such as gold.
Analysts note that a decisive break and close above $4,250 could reinforce bullish sentiment and pave the way for an extended rally in the days ahead. As global markets await fresh cues from the US economic calendar, gold continues to benefit from a favorable macroeconomic backdrop and robust safe-haven demand.
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