Chow Sang Sang Expects Profit Slump August 7, 2024 Earnings for the first half will likely fall by 33% to 40% amid high gold prices and weak consumer sentiment. Retail
Gem Diamonds Recovers Ninth 100ct.-Plus Rough This Year August 7, 2024 Type II stone from company’s Letšeng mine in Lesotho weighs 145.55 carats. Rough
Kiran Gems to Suspend Production for 10 Days August 7, 2024 Indian manufacturer extends August vacation amid oversupply. Manufacturing
Indian Consumers Not Into Synthetics, Seek Natural: Titan August 6, 2024 While media and movies are driving US demand for larger stones, this isn’t the case domestically, according to jeweler’s managing director. Synthetics
Petra Postpones First Tender to Limit Diamond Supply August 6, 2024 Miner will offer rough from South African operations in October due to weak demand. Mining
Famous Abernethy Pearl Makes Its Way to the Sale Block August 5, 2024 Scottish freshwater specimen is largest of its kind in living memory to go up for auction. Auction
Podcast: Making Peace in Antwerp August 4, 2024 Isidore Mörsel reflects on a challenging time for the Belgian diamond industry. Industry
Berkshire Hathaway Retail Sales Slide Amid Lower Consumer Traffic August 4, 2024 Revenue from the division, which includes three jewelry companies, fell 4.5% in second quarter. Retail
Three Takeaways from LVMH’s Investor Call August 1, 2024 Why is the luxury group struggling in the US and China? Retail