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G7 Sanctions Will Harm Botswana’s Diamond Development, Officials Say |
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Fresh off the success of its deal with De Beers, the government is concerned the new measures will be a step back for its diamond industry.
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Signet Revenue Slides Amid Lower-Value Sales |
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Jeweler expects number of US engagements to be down by low to mid-single digits in first quarter.
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NRF Predicts Slowdown in US Retail Sales in 2024 |
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Spending will reach between $5.23 trillion and $5.28 trillion, federation forecasts.
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Brilliant Earth Reports Record Revenue for 2023 |
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17% increase in number of orders drove sales.
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Hong Kong Jeweler TSL Warns of Major Loss for Full Year |
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Deficit driven by lack of demand for diamond jewelry in mainland China.
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Signet Says Shoppers Getting Wiser on Falling Lab-Grown Prices |
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Last year saw highly promotional environment in natural and synthetics, according to CEO Gina Drosos.
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De Beers Mulls Job Cuts, and This Week’s Other News |
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Members of the editorial team pick their favorite pieces from the internet.
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US Retail Sales Show Slight Improvement in February |
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Gain is due to higher spending on services, while outlay on goods has softened, NRF says.
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Sotheby’s to Offer over 250 Jewels from Iconic Designers |
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Group includes the largest collection of René Boivin pieces ever to come to auction.
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Lulo Mine’s Rough-Diamond Resources Surge |
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New material is equal to eight years of production, according to Lucapa.
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