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De Beers Hopes to Seal Botswana Deal in ‘Days and Weeks’ |
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CEO Al Cook holds first formal meeting with new president, Duma Boko.
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Diamond Trade in Talks over $65M Marketing Fund |
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Industry bodies in Antwerp, Dubai and India consider collecting levy from members.
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EU Blasts KP Chair’s Comments, Plenary’s Lack of Progress |
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Meeting failed to address any implications of Russia’s war on Ukraine, while Ahmed Bin Sulayem made offensive remarks, European body contends.
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Indian Gov’t Hosts Meeting to Establish Terminology for Lab-Grown |
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Central Consumer Protection Agency says need for clear differentiation is “urgent.”
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Central African Republic Reinstated to KP After Decade-Long Absence |
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Group also admits Uzbekistan as a new member, bringing count to 60.
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What Happened to All the 1ct. D-Flawlesses? |
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Production cuts, not demand, are behind a slump in inventory.
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Thanksgiving Weekend to See Record 183M Shoppers |
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Over half of those the NRF surveyed cited deals too good to pass up.
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Jewelry ‘Most Resilient’ Luxury Category in 2024: Bain |
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In total, only about one-third of brands will see positive growth during the year, compared to two-thirds in 2023.
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TSL Questions Ability to Remain ‘Going Concern’ in Challenging Market |
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High gold prices and significant drop in demand for natural-diamond jewelry hurt sales.
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$8M Blue-Diamond Ring to Hit Block at Christie’s |
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New York Magnificent Jewels sale also features largest collection of Suzanne Belperron jewels ever to come to auction.
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Sotheby’s Eyes $4.3M for Pink-Diamond Ring |
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7-carat piece by Valentin Magro to lead New York Magnificent Jewels sale on December 11.
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Early Holiday Shopping Buoys October US Retail Sales |
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Strong employment market and falling energy prices also boost spending.
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Fenix and Dholakia Acquire Lusix in $4M Joint Deal |
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Both companies agree to keep Israel lab open and retain staff.
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Sarine Expands Lab-Grown Offering Amid Weakened Natural Market |
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Company sees revenue drop 10% in first nine months of 2024.
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