DiamondBuzz
Tiffany & Co. Opens Seasonal Pop-Up in Gstaad
Luxury jeweller brings its signature blue experience to one of Europe’s most exclusive alpine destinations during ski season.
Tiffany & Co. has launched a pop-up store in Gstaad, Switzerland, marking its presence in one of Europe’s most elite winter resorts. Designed around the brand’s iconic Tiffany Blue aesthetic, the pop-up is tailored to the affluent international clientele that frequents the alpine town during the peak ski season.



Rather than a traditional retail format, the space focuses on an immersive, in-person shopping experience, aligning with Gstaad’s understated luxury culture. The curated offering includes select fine jewellery and timepieces, with a strong emphasis on celebratory pieces and holiday gifting.
The Gstaad opening is part of Tiffany & Co.’s broader strategy to engage clients in key travel and lifestyle destinations, from mountain retreats to coastal resorts. It also reflects a growing trend among established jewellery brands to use seasonal pop-ups to maintain visibility, strengthen customer connections and create both on-ground and digital buzz in high-profile locations.
DiamondBuzz
Alrosa Reports $130mn H1 Loss Amid Diamond Market Headwinds
The Company Cited Geopolitical and Macroeconomic Uncertainty, Western Sanctions, Shifting Jewellery Demand, Higher Gold Prices and Weaker Rough and Polished Diamond Sales As Key Challenges.
Russia’s state-controlled diamond miner Alrosa reported a 10.67 billion-ruble ($129.7 million) net loss in H1 2026, reversing a 39.03 billion-ruble profit a year earlier. Revenue plunged 36% to 74.16 billion rubles ($901.6 million), while gross profit fell to 4.62 billion rubles.
The company cited geopolitical and macroeconomic uncertainty, Western sanctions, shifting jewellery demand, higher gold prices and weaker rough and polished diamond sales as key challenges. Its operating loss widened to 5 billion rubles, while the pre-tax loss reached 14.08 billion rubles.
Adding to the pressure, Russia’s 8% export duty on unprocessed rough diamonds above 0.45 carats, postponed to March 2027, is expected to cut Alrosa’s profit by around 3.12 billion rubles ($37.9 million), further clouding the miner’s outlook.
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