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Phillips auction house will offer a 20.19 ct. fancy intense pink diamond—the most valuable jewel it’s ever put up for sale—when it holds its first jewelry auction in Geneva, Switzerland, on Nov. 6.
De Beers Group has appointed Sandrine Conseiller as CEO of De Beers Brands, which oversees its retail chain and Forevermark brand.
Diamond prices fell further in September as retail sales weakened amid competition from synthetics. Polished inventories were still high relative to sales expectations, despite lower production.
The National Diamond Council (NDC) has appointed De Beers executive David Prager as chairman to succeed Stephen Lussier, who is stepping down.
The fancy vivid blue diamond was estimated to sell for as much as $37 million at Sotheby’s Hong Kong.
Chow Tai Fook today reported a 5.8 per cent increase in the value of Q2 retail sales, driven by an influx of tourists from the Mainland to Hong Kong and Macau.
The World Jewellery Confederation held its latest gathering in Jaipur, India, from October 3 to 5. Here are some of the hot topics that came up at the event.
De Beers and Sarine Technologies are joining forces to create a system that will let Group of Seven (G7) countries see the full provenance of all diamonds passing through customs.
The diamond industry will remain under pressure as geopolitics and the rising popularity of lab-grown cause a fundamental restructuring of the market, cautioned Rapaport Group Chairman Martin Rapaport.
Last month, De Beers announced it would spend $20 million on a “Seize the Day” campaign touting natural diamonds.
Rubel & Ménasché and Sarine Unveil New Data-Backed Solution for Melee Diamonds
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