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The Natural Diamond Council (NDC) is launching a series of reports, to appear several times a year, on themes as diverse as diamond-producing countries and diamond trends, new styles and new wears, customer expectations, …These reports are the subject of lengthy, in-depth surveys and research. Each publication is supported by independently sourced, rigorous figures.NDC partners […]
Botswana’s outgoing President Mokgweetsi Masisi made quite an impression when he was introduced to the diamond industry at the 2019 JCK Las Vegas show. Just one year in office, the well-spoken leader proved to be an eloquent and powerful advocate for natural diamonds. He told the American audience about the impact their industry has on […]
Three antique diamond necklaces have exceeded their high auction estimate. These pieces are more than mere jewels; they bear witness to our history and to a unique jewelry art. Diamonds are appreciated not only for their beauty, authenticity and incomparable shine, but their rare nature has always made them an investment object throughout the ages. […]
Natural diamonds have taken a big hit in the past few years. From the highs and lows of Covid-19 spending on luxury, to economic uncertainty and an oversupply in the midstream that has led to a persistently weak market, prices and demand have dropped. And that’s before you consider the effect of the younger demographic’s growing interest […]
It is with great sadness that Chanel announces the death of Patrice Leguéreau, Director of the Jewelry Creation Studio, at the age of 53. A graduate of the École Boulle and the Institut National de Gemmologie, Patrice Leguéreau spent 6 years at Cartier and 11 years at Van Cleef & Arpels, before taking over as […]
Speaking at the conclusion of the 2024 Kimberley Process (KP) Plenary, World Diamond Council (WDC) President Feriel Zerouki commended significant advancements in the KP’s modernization efforts. Driven by the WDC’s commitment to improving transparency and traceability in the diamond trade, at this year’s Plenary session the UAE showcased its pilot for QR-coded secure digital certificates. […]
China’s crackdown on conspicuous consumption is dampening diamond demand there, and this has consequences for the rest of the global market, Rapaport Group Chairman Martin Rapaport told diamantaires in Los Angeles last week. Rapaport was the keynote speaker at a gathering of the Diamond Club West Coast, where he addressed issues including synthetic-diamond competition, the […]
It is partnering with retailer Tanishq on educating salespeople, shaping the in-store experience, and a “360-degree” marketing campaign. Mumbai, India—With diamond jewelry demand facing headwinds in both the United States and China, De Beers Group is turning to another market to bolster demand, and it is partnering with the country’s largest jeweler to do it. […]
At the JCK Show, I was with a group of people who work with lab-grown who were upset that a certain lab was supposedly lax in its lab-grown grading. “It doesn’t matter,” one said. “It’s only lab-grown.” I’ve complained in the past that some people in the lab-grown world sometimes devalue their product, and that’s […]
Launched in 1845 as one of the first mail-order catalogs in the United States, the Tiffany Blue Book is now an annually anticipated collection highlighting Tiffany & Co.’s finest one-of-a-kind creations. This year’s Blue Book, Tiffany Céleste, is the jeweler’s largest to date, with 157 pieces reportedly worth on average a million dollars or more. The […]
Industry players have found ways to cope with market conditions while working to reshape themselves in the face of emerging realities. Mumbai, India—The Indian diamond industry enters the fourth quarter having been on a roller coaster ride for much of the last two years. There have been multiple twists and turns, and ups and […]
The Natural Diamond Council (NDC) has filled a complaint with India’s advertising watchdog about a Kalamandir Jewellers ad for lab-grown diamonds. The Advertising Standards Council of India (ASCI), which received the complaint from the NDC, lists the case as informally resolved on its website, and said the contested ad was “withdrawn.” However, Kalamandir disputes that characterization, noting […]
