Program aims to educate young consumers about mined stones’ positive qualities.
News: Trading seasonally quiet during summer lull. Lack of sales to Far East weakening sentiment, with US demand supporting market. Increasing concern about impact of inflation and higher interest rates on mid-income consumers. Holiday outlook positive.
Pandora has named Mary Carmen Gasco-Buisson as its new chief marketing officer to help the brand achieve growth.
The International Gemological Institute (IGI) will perform valuation services for the pieces listed on Luxus, a precious-gem and high-jewelry investment platform.
US jewelry sales rose in July, driven by strong demand and consumers’ desire to spend on products that made them happy, according to Mastercard SpendingPulse.
Diamond trading slowed in July as US dealers closed for the two-week summer break. Economic and geopolitical uncertainty fueled caution, leading to a decline in polished prices.
Sales and earnings at Indian diamond manufacturer Asian Star rose sharply in the first fiscal quarter, reflecting the market’s solid rebound.
The Gemological Institute of America (GIA) will return to Dubai after an absence of around two years, launching a laboratory in one of the emirate’s newest skyscrapers.
Revenue and profit from Rio Tinto’s diamond division soared in the first half of the year as demand strengthened and manufacturers replenished inventory.
With Special Guest Wes Tucker
