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Top Stories of the Week |
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De Beers Eases Buyer Terms Amid Market Slowdown |
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Miner will allow sightholders to sell 20% of larger goods back to the company.
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De Beers Expects Slowdown After Solid Quarter |
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Deterioration of economic conditions could dampen demand.
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Branded Diamonds Command a Premium – De Beers |
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Gen Z driving the move toward trusted labels, company says in annual Insight Report.
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De Beers Taps Hollywood Star as First Global Ambassador |
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Lupita Nyong’o will appear in miner’s new brand campaign and support its Building Forever project.
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De Beers Reveals 2023 Sight Dates |
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First sale of the year begins January 16.
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Inflation to Curb Holiday Shopping |
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Customers plan to buy nine gifts this year, compared to 16 in 2021.
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Jewelry Sales Remain Strong at Kering |
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Revenue from company’s “other houses” segment up 17% in third quarter.
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Petra Diamonds Notes Shaky Demand |
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Miner extends latest tender due to “unusual market conditions.”
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Zales Features Bigger Lab-Grown in New Bridal Collab |
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Signet banner’s partnership with wedding-dress retailer Kleinfeld to feature 1- to 3-carat synthetic diamonds.
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Breitling to Use Only Lab-Grown Diamonds by 2024 |
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Watchmaker will also switch to artisanally mined gold.
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Swarovski Expands Lab-Grown Offering Across North America |
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Austrian crystal house will roll out collection in 200 US and Canada stores.
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Brilliant Earth Aims to Reduce Mercury in Gold Mining |
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Jeweler hopes to clean up supply of metal from Peruvian Amazon.
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Gemfields Cautiously Restarts Mine Following Insurgency |
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Company has resumed basic operations and will reopen the rest in phases.
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Bucherer Snaps Up California Jeweler |
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Leeds & Son acquisition will expand retailer’s reach within US.
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Chow Tai Fook Exec Takes Role at Hearts on Fire |
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Barbara Ng becomes jewelry brand’s head of product management.
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