Tiffany & Co has launched a new ruby necklace from its Tiffany Lock collection to celebrate the upcoming 2025 Lunar New Year. The necklace, featuring 0.1 carats of hand-set rubies, draws inspiration from the color red, which symbolizes good fortune, success, and happiness in Chinese culture. The piece was first released on November 29 in mainland China, available at Tiffany & Co stores and on the brand’s website. It will be launched in North America, Japan, and select Asia-Pacific locations on January 1, 2025. In addition to the new necklace, Tiffany & Co is also debuting new designs from its Elsa Peretti Snake collection, including 18K rose gold bracelets and rings embellished with diamonds, capturing the graceful curves of a snake.