Just before purchasing the two roughs Laurence Graff broke a world record by spending 34.2m pounds on a pink diamond at auction.

Who said what in the world of watches and jewellery.

“We would like to give something back to the country which gives us our remarkable diamonds. There is such appalling poverty and hunger in southern Africa.”
Graff Diamonds chairman LAURENCE GRAFF on opening the first Graff Leadership Centre in Lesotho.

“We also do cut-glass sherry decanters complete with six glasses on a silver-plated tray that your butler can serve you drinks on, all for £4.95. People say, ‘How can you sell this for such a low price?’, I say, ‘because it’s total crap’.”
The infamous words uttered by GERALD RATNER, who will be speaking at the next meeting for buying group Houlden in June.


“I am very sad that the business is closing after more than 100 years, but there is no future for Workington.”
JEREMY WALKER, owner of Workington retailer John Walker, on closing his family business after 125 years.

“For the young designers, it is very difficult to create new when you don’t know what already exists.”
Lapponia chief executive LAURA LARES on discovering young designers are often more conservative than established designers.

“There is a huge downturn in the industry and I’ve got massive issues with the figures produced. It’s not enough to compare with last year, we need to compare with 2007 – you need to be up 25% on last year.”
Laings of Glasgow boss STUART LAING on retailers’ optimistic trading updates.