International News
Tiffany & Co. Makes a Landmark Statement in Bangkok with First-Ever Thailand Building Wrap
The 1,598-sq.-Metre Installation Transforms Exchange Tower in Asok into a Giant Showcase for the Iconic Tiffany HardWear Collection
Tiffany & Co. has made a striking statement in Thailand with the launch of its first-ever building wrap in the country, transforming the façade of Exchange Tower in Bangkok’s Asok district into a dramatic visual tribute to its iconic HardWear collection. The installation spans more than 1,598 square metres, turning one of the city’s prominent landmarks into a large-scale expression of the jewellery house’s design identity.
At the centre of the installation is the Tiffany HardWear Graduated Link Necklace in 18K Yellow Gold with Pavé Diamonds. The statement piece features the collection’s signature graduated links, crafted in 18K yellow gold and set with round brilliant-cut diamonds in a refined honeycomb setting designed to maximise light and brilliance.
The HardWear collection draws inspiration from a 1962 bracelet design discovered in Tiffany’s archives. The collection translates that archival influence into a contemporary design language associated with strength, resilience, boldness and empowerment, while retaining the House’s distinctive craftsmanship and heritage.
By presenting the necklace on an architectural scale, Tiffany & Co. has taken the idea of jewellery beyond the traditional boutique environment and into Bangkok’s urban landscape. The combination of gold, diamonds, scale and architectural visibility creates an immersive brand statement designed to capture attention across the busy Asok commercial district.
The landmark activation marks an important moment for Tiffany & Co. in the Thai market, demonstrating how the Maison is using large-scale creative experiences to bring its jewellery icons and heritage closer to a wider audience. The installation also reinforces HardWear as one of Tiffany’s contemporary design signatures, connecting archival heritage with modern luxury and visual storytelling.
International News
De Beers Assumes 100% Control Of Gahcho Kué Diamond Mine
A Global Slump In Diamond Demand Hit The Company Hard. Its Revenue Dropped 42% In 2025, and Average Diamond Prices Plummete
De Beers is taking 100% control of the Gahcho Kué diamond mine in Canada’s Northwest Territories. Its partner, Mountain Province Diamonds, was facing major financial trouble and agreed to hand over its 49% share in exchange for being cleared of all its debts to De Beers.
​Here is why Mountain Province ran into trouble:
​Falling Diamond Prices: A global slump in diamond demand hit the company hard. Its revenue dropped 42% in 2025, and average diamond prices plummeted—falling to just $36 per carat in the second quarter.
​Massive Debt: Mountain Province was struggling to pay back tens of millions of dollars in short-term loans. Ratings agency S&P warning that the company was at high risk of defaulting on its debts.
​Cost-Cutting and Emergency Funds: To stay afloat, the company paused expansion plans at the mine, delayed payments into environmental cleanup funds, and sold future diamond sales rights to major investor Dermot Desmond (an Irish billionaire) for quick cash.
​Despite selling twice as many diamonds recently, prices were too low to cover their debts.
CEO Jonathan Comerford explained that trade tariffs and Middle East conflicts crushed diamond prices, leaving handing over their share of the mine as the best option to cancel liabilities and secure local jobs.
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