Chow Tai Fook to hold art-themed jewellery auction in Hong Kong
High jewellery pieces inspired by four abstract artists aimed at select customers
The worlds of art and jewellery come together with this year’s Chow Tai Fook High Jewellery collection, the fifth in the series.
Titled Le Labyrinthe Artistique, the collection, for which a preview will be held on April 23, takes design cues from abstract art and marries them with the craftsmanship of high jewellery cutting, setting and finishing. The last two collections, each comprising 15 pieces, both raised more than HK$30 million, and individual pieces have been known to sell for close to HK$4 million; most are knocked down for at least HK$100,000.
For this collection, Chow Tai Fook took inspiration from four abstract artists: Wassily Kandinsky, Frank Stella, Piet Mondrian and Robert Delaunay.
Branded and thematic collections from the likes of Chow Tai Fook are part of a wider trend at the upper end of the jewellery industry. Fine jewellery, an industry that was worth US$263 billion in 2014 according to a report by McKinsey, is still largely unbranded, with some estimates putting unbranded sales as high as 80 per cent.