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Grading lab Gemological Science International (GSI) has seen an increase in undisclosed laboratory-grown brown, yellow, and pink diamonds infiltrating the natural diamond supply chain. The undisclosed synthetics are often sold mounted, mixed in with natural colored diamonds in jewelry, says Debbie Azar, cofounder and president of the New York City–based lab. She notes that “most […]
He brings more than three decades of experience in global luxury, fashion, and jewelry retail. Carlsbad, Calif.—The Gemological Institute of America (GIA) has added François Delage to its board of governors. Delage has more than three decades of experience in global luxury, fashion and jewelry retail. Most recently, he was the CEO of high-end real […]
De Beers Group was in the news this week. 85% shareholder Anglo American published its fourth quarter and full year production report this week, which gave us a gentle reminder as to the declines experienced in the diamond market in 2023. Here are the key De Beers numbers: – Sales volume -19% to 27.4 million […]
Neither Louis Braille – who invented tactile writing for the blind in 1821 – nor Samuel Morse – who developed Morse code in the 1930s – could have imagined that their avant-garde idea would one day be used to write messages in diamonds. However, that’s the brilliant idea of a group of designers spotted by […]
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, recorded revenue of €86.2 billion in 2023, equating to organic growth of 13% with respect to 2022.
Israeli lab-grown diamond producer Lusix made a splash when it entered the jewelry business in 2022—with a large presence at JCK Las Vegas and the announcement that LVMH Luxury Ventures had contributed to a funding round.
Rapaport’s “People of the Year” reflect the broad range of challenges affecting the trade — and some of the solutions.
As with every year, we have compiled our list of the diamonds that made headlines in 2023, including five rough stones that miners unearthed and five polished pieces that appeared at auction.
Tenoris CEO Edahn Golan’s review of the US jewelry market’s performance in 2023: a mixed bag of results.
Italian gemological lab Gem-Tech has warned the trade that a number of lab-grown diamonds circulating in the country are being sold as natural.
In this fascinating Rapaport podcast episode, Editor-in-Chief Joshua Freedman and senior journalist Leah Meirovich – both experts in the diamond world – share their thoughts on the past year and what lies ahead for 2024.
(IDEX Online) – Anglo American, parent company of loss-making De Beers, is being tipped as a takeover or merger target after its valuation dropped by over $30bn in under two years.
