The diamond trade is working on a system to raise money for category marketing, aiming to broaden the sources of funding following Alrosa’s exit from the Natural Diamond Council (NDC). Three major ...
The appeal of colored gemstones is the focus of the latest Rapaport Diamond Podcast episode, which features Nathan Renfro of the Gemological Institute of America (GIA). “There [are] so many different ...
Swiss watch exports slid in October amid prolonged weakness in Hong Kong and China and a drop in demand for higher-priced timepieces. Total shipments slipped 2.2% year on year to CHF 2.34 billion ...
The third edition of the Jewellery, Gem & Technology (JGT) Dubai show confirmed the city’s status as a propitious location for diamantaires — and its potential to take over Hong Kong as the fall trade ...
Sarine Technologies incurred a loss for the first nine months of 2024 as challenging market conditions weighed on diamond-manufacturing activity. Revenue fell 10% year on year to $30.6 million, the ...
In a year that will see only one third of luxury brands reach positive revenue growth, jewelry was the most resilient segment, according to Bain & Co. Overall, the personal luxury-goods market is ...
Christie’s will auction more than 280 lots of designer and art jewelry, including a group of pieces by Jean Vendome, some of which it will sell without reserve. Those pieces will be among an offering ...
Will positive end-of-year jewelry retail sales pull the diamond trade out of its current predicament? Expectations were rising as the holiday period kicked off in November. US consumers were upbeat in ...
Hong Kong-based jeweler Tse Sui Luen (TSL) has expressed doubts about continuing business amid the long-term decline in demand for diamond jewelry and the rising price of gold. The company reported a ...
Natural diamonds have taken a big hit in the past few years. From the highs and lows of Covid-19 spending on luxury, to economic uncertainty and an oversupply in the midstream that has led to a ...
Botswana’s new president, Duma Boko, has many pressing tasks as he enters the hot seat. His decisions will be of importance for the diamond industry. From the De Beers sales deal to the government’s ...
US retail sales rose in October as a strong job market and falling energy prices fueled early holiday shopping. Revenue rose 0.4% from the previous month to $718.9 billion — adjusted for seasonal ...