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Press Release: Diamond Prices Continue to Fall |
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1-carat RAPI down 4.7% in August.
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GIA Lays Off 151 Employees at Carlsbad Headquarters |
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Lab cuts location’s workforce by 20% amid economic downturn.
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India Urging Miners to Be ‘Responsible’ About Rough Supply |
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Weak retail sales have led to inventory imbalance.
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Christie’s Nixes Final Sale of Heidi Horten Jewels |
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Auction house will not sell last 300 pieces due to backlash over collection owner’s Nazi ties.
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What the Rolex-Bucherer Deal Could Mean for the Watch Market |
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Takeover prompts concerns that authorized dealers of the famous timepiece brand could lose out.
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Freddie Mercury Jewels Rock Sotheby’s Auction |
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Bangle that Queen singer wore in “Bohemian Rhapsody” video was among multiple pieces that smashed estimates.
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Union Plans Strike at De Beers’ Venetia Mine |
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Parties have been unable to agree on wage increase after four months of negotiations.
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Belgian Regional Government Invests in Diamond Traceability Solution |
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Tech provider iTraceiT will use $273,000 to expand into India and the US.
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Hong Kong Luxury Sales Strengthen Amid Tourism Boom |
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Jewelry, watches, clocks and valuable gifts up 20% year on year in July.
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Lack of Large Stones Leads to Loss for Gem Diamonds |
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Slowdown in demand also impacted average price in first half, says miner.
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Swarovski Takes Lab-Grown Global with Aid of IGI |
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Crystal maker’s targets include Europe, Far East and UAE.
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