Country overtook Botswana in 2023.
Gina D’Onofrio will return to company as codirector of division.
Revenue from segment down 17% year on year in third fiscal quarter.
Sales up 22% in third fiscal quarter.
Expansion of store network and lab-grown line also contribute to fourth-quarter hike.
Segment saw double-digit growth in fourth quarter, even as other categories fell.
Country will buy 24% of HB Antwerp and will see profit from sale of polished.
Restrictions on stones weighing 1 carat or more to begin March 1.
Designer pieces featuring colored gems do well at annual trade fair, as do contemporary bridal items.
Oversupply in the midstream and lack of demand spur decrease.
The global downturn is a bigger challenge for the market than the war is, says bourse president Boaz Moldawsky.