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Environmental protection has become a major concern, but there is another equally essential one: the development, well-being and empowerment of the local populations who help create company wealth. In the diamond sector, GemFair ™ – an inclusive program set up by the De Beers Group in 2018 – is on this eco-responsible trajectory. Its aim […]
US jewelry sales experienced a 2.5% increase in November, driven by a 4.6% year-over-year rise in the average expenditure per item by consumers. This uptick in jewelry expenditure is part of a trend indicating a turnaround in US demand for fine jewelry. So far this year, sales have increased almost every month, as did consumers’ […]
The Natural Diamond Council unveils the Big Bang photo exhibition, created in collaboration with renowned photographer Sonia Sieff. Under the artist’s eye, the stone embodies the explosive force of the universe, the depth of the Earth, and humanity’s contemplative journey through time. Interweaving the journey of this natural miracle with themes of cosmic creation, timelessness and transformation, Big Bang invites visitors […]
Session at Antwerp’s Facets 2024 conference tackles how to unlock the value of natural stones. If there was one session at last week’s Facets 2024 conference that summed up the focus and atmosphere of the event, it was the panel on “Unlocking the Value of Natural Diamonds.” Five participants joined moderator and industry analyst Edahn Golan to […]
De Beers has stripped around 10 sightholders of their rough-diamond allocations for 2025 and is planning to offer fewer goods overall, market insiders told Rapaport News on Sunday. Those companies will retain their sightholder status, but the miner will not give them a consistent allotment of supply because they did not buy enough in 2024, the sources […]
A world where luxury reinvents itself, where each piece tells a story, and where sophistication and sustainability go hand in hand: these were the dominant themes for the talks and exhibition at the PRE-LOVED trade show held in Paris in mid-November. Image : Sandrine Conseiller at the Pre-Loved Luxury Show in Paris
Botswana will establish a certification point for rough diamonds entering Group of Seven (G7) countries next year, authorities announced Wednesday, with discussions underway for additional nodes in Namibia and Angola. The development follows widespread opposition to a plan for Antwerp to be a “single node” through which all rough destined for G7 markets would pass […]
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 […]