- Aug 15, 2000
It’s not often a newcomer sweeps in to buy the largest diamond available on the market. Such deals are usually reserved for high-end jewelers such as Graff, Moussaieff, Harry Winston, or even large-scale retailers like Chow Tai Fook or Tiffany & Co.But the sale of the 1,758-carat Sewelô in...
"The old way of buying quantity, processing it and then looking for a client forces you to sit on stock and forces you to freeze money,” he explains. “That forces you to reduce prices in order to get rid of items that you don’t know how to sell. That forces your competitors to sell their goods at a lower price.”