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CIBJO Sticks with ‘Synthetics’ Moniker Despite Industry Pushback

Organization received letter from group of senior trade members requesting a deferral of final decision.

Amit Shah wants country to develop machines and brands, manufacture, and open showrooms to sell synthetics.

Retailer now expects net revenue of $21.68 billion to $21.83 billion.

Auction house will also offer Cartier ruby brooch for $7.7 million at Hong Kong sale.

Recovery continues in 0.30 to 0.69 ct. diamonds, especially 0.30 ct., VS items.

Revenue down 0.5% year on year to $1.53 billion for the period.

The four incoming directors will start their terms in February 2027.

Mehul Shah argues that governments should enforce nomenclature for synthetics in a way consumers can understand.

General Assembly chooses Jonathan Kendall, Kenneth Scarratt and Pramod Agrawal as vice presidents for another term.

Gaia Maffioli brings 15 years of experience to the role.

1-carat RAPI rises for second straight month.