Synova launches automated diamond cutter
A technology provider part-owned by De Beers has unveiled an automated cutting machine that, it claims, will significantly speed up diamond manufacturing and reduce costs.
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DMCC opens upgraded diamond exchange
The DMCC has unveiled the redesigned Dubai Diamond Exchange (DDE) in the Almas Tower. The DMCC says the redesigned trading floor is the largest in the world.
Consumers willing to pay more for verification
Consumers are prepared to pay a premium for a diamond that has been verified as responsibly sourced, MVI Marketing found in a survey.
India reduces industry’s tax burden
The Indian government has lowered the rate of goods and services tax (GST) for certain diamond work in a move that will help buoy the struggling sector, the nation’s Gem & Jewellery Export Promotion Council (GJEPC) said.
US retail sales robust ahead of increase in tariffs
US retail sales rose in August, even as consumer confidence slipped slightly from the previous month amid the escalating trade war.
Let me just verify that
MVI Marketing has just come out with a consumer research study report looking at “the need for third-party verification of mined and lab-grown diamond claims of positive social and environmental impact.“
What Generation Z shoppers want from jewelers
Just as the industry is getting its head around how to appeal to millennials, there’s a new, possibly more quixotic, generation coming up.
An urgent call to invest in marketing
The diamond industry must significantly increase its marketing spend to ensure the trade’s longevity. This need is highlighted by the difficult conditions the sector has endured over the past few years.
The diamond business copes with (yet another) crisis
During the last diamond industry crisis—four years ago—many lamented that a “perfect storm” of factors had converged to knock the industry on its back.
GIA’s iD100 can now screen pink diamonds
The Gemological Institute of America’s iD100 gem testing device can now screen pink diamonds following a software upgrade released last week.
Rio Tinto unveils collection of rare Argyle pinks
Rio Tinto has launched a collection of rare pink diamonds from its Argyle mine, which has been specially curated to showcase the full color palette of the deposit’s stones.
Tiffany is opening 2 more Blue Box Cafés
Breakfast at Tiffany’s will soon be offered not only to would-be Holly Golightlys in New York City, but also to their counterparts in Asia.
