De Beers Group rough diamond sales for cycle 10, 2022
De Beers Group [announced December 21] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the tenth sales cycle of 2022.
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In 2023, let’s get off to a flying start and in style!
Dear readers, Of course, we cannot continue without wishing you a Happy New Year and a dazzling 2023!
Ben Bridge, Cartier, LVMH join effort to combat racism in retail
The companies were among the retailers that signed nonprofit Open to All’s charter.
The group pushing to unite the trade on sustainability – WJI2030
Climate action is key for the Watch & Jewellery Initiative 2030, says executive director Iris Van der Veken.
Why are large stones losing their luster at auction?
After a slew of headline-grabbing prices, top colored diamonds have started tapering off. Experts say market fatigue may be denting the wow factor.
De Beers to offer more rough to African factories
De Beers plans to allocate more of its rough to manufacturing units in Africa next year, according to sightholders, resulting in less supply for other cutting operations amid a drop in the miner’s overall output.
De Beers now 0 for 3 with Blue Diamond collection
On Dec. 7, De Beers had two more strikeouts with its Exceptional Blue collection—the latest sign of a cooling, and perhaps oversaturated, colored diamond auction market.
New technology ensures the diamond matches the report
PhotoScribe Technologies has been awarded a patent for new technology that will let jewelers—as well as consumers—sniff out diamonds with counterfeit inscriptions.
Lockdown-free Gen Z spent nearly 4 times more on jewelry in 2021
We all know that US consumers spent much more on jewelry in 2021. But who exactly drove jewelry sales and by how much? The surprising findings show major shifts in jewelry expenditure in the post-COVID lockdown period.
Christie’s Magnificent Jewels auction totals nearly $59M in New York
After a 13-carat pink diamond was pulled ahead of the sale, blue and colorless diamonds reigned supreme.
Surat Exchange to launch in Spring 2023
Construction of the Surat Diamond Bourse (SDB) is complete, paving the way for the Indian industry’s newest exchange to open in the spring of next year, according to the organization behind the development.
2022, a year of rising to challenges, at your side!
Dear readers, This final Lettre of 2022 is about taking stock. 2022 was not the year we were expecting, and it took us all by surprise.
