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De Beers Mulls Further Production Cuts |
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Continued high levels of inventory in midstream, weak demand, and expectations of protracted recovery affect output levels.
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US Holiday Spending to Reach New Record |
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Consumers plan to lay out average of $902 each this season, up from $875 in 2023.
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Black Friday Weekend to See Record-Breaking Sales |
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Three-day period expected to grow 5% to $75 billion.
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Kering Jewelry Sales Fall Amid Challenging Luxury Market |
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Segment down 15% year on year in third quarter.
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Yellow-Diamond Earrings Lead $60M Christie’s Sale |
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The pair, called Oriental Sunrise, brought in $8 million at Hong Kong Magnificent Jewels auction.
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Christie’s to Offer 37ct. Aga Khan Emerald Again After 55 Years |
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Brooch from collection of model Nina Dyer could fetch up to $8 million at Geneva auction, which also features Sassoon family jewels.
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Fenix Diamonds to Acquire Lusix for $4M – Report |
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Japan’s EDP withdraws from bidding, according to Calcalist.
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Chow Tai Fook Sales Slip in Second Quarter |
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21% decline was narrower than that of first three months.
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Large-Stone Recoveries Boost Gem Diamonds Sales |
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Average price grew 22% year on year in third quarter amid higher-value rough offering.
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James Allen’s Oded Edelman to Leave Signet |
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Corinne Bentzen will take over as president of digital banners.
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