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Sales Decline at De Beers’ First Sight of 2023 |
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Miner garners $450 million in January cycle.
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India Makes Sweeping Reforms to Promote Lab-Grown Sector |
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Government abolishes import duty on diamond seeds, pledges research grant.
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De Beers’ Rough Prices Rise 23% in 2022 |
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Demand slowed in fourth quarter as midstream inventories grew.
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Record Tiffany Revenue Buoys LVMH |
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Brand doubled its high-jewelry sales and saw strong demand for Lock bracelet collection.
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Large-Stone Deficit Dents Gem Diamonds Sales |
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Recoveries of special-size rough fell well below 14-year average.
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De Beers Cuts Staff in North America |
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Restructuring has impacted “small number” of US employees.
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Fewer US Jewelry Stores Shuttered in 2022 |
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436 businesses closed last year, compared to 536 in 2021.
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NDC, Lorraine Schwartz Choose New Crop for Designer Program |
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Six participants will receive credit, retail opportunities and selling support.
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Caryl Capeci to Take Helm at Starboard Cruise Services |
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Former Chow Tai Fook executive will oversee onboard shopping business’s jewelry and luxury categories.
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Watch Featuring over 17K Natural Diamonds Scores Guinness Record |
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International Gemological Institute (IGI) graded each stone in timepiece from Indian company Renani Jewels.
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Asian Star Sales Drop Amid Consumer Slowdown |
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Revenue fell 30% year on year in last quarter of 2022.
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World Jewellery Confederation to Launch CIBJO Academy |
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Institution will help educate industry and public about standards and terminology.
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