News briefs
May 14, 2020
Estimated at $1 million to $2 million, this 28.86-carat diamond ring is claimed to be the highest-valued lot ever offered for sale online at Christie’s.Image courtesy of Christie's
By Luxury Daily News Service
Luxury Daily's live news:
Bar China, most levers of luxury demand on mute
The weakened macroeconomic backdrop, along with consumer uncertainty spanning employment, income, health and wealth, will reduce the number of aspirational shoppers that luxury brands are able to attract in the near- to medium-term future.
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