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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 […]
Speaking at the conclusion of the 2024 Kimberley Process (KP) Plenary, World Diamond Council (WDC) President Feriel Zerouki commended significant advancements in the KP’s modernization efforts. Driven by the WDC’s commitment to improving transparency and traceability in the diamond trade, at this year’s Plenary session the UAE showcased its pilot for QR-coded secure digital certificates. […]
China’s crackdown on conspicuous consumption is dampening diamond demand there, and this has consequences for the rest of the global market, Rapaport Group Chairman Martin Rapaport told diamantaires in Los Angeles last week. Rapaport was the keynote speaker at a gathering of the Diamond Club West Coast, where he addressed issues including synthetic-diamond competition, the […]
It is partnering with retailer Tanishq on educating salespeople, shaping the in-store experience, and a “360-degree” marketing campaign. Mumbai, India—With diamond jewelry demand facing headwinds in both the United States and China, De Beers Group is turning to another market to bolster demand, and it is partnering with the country’s largest jeweler to do it. […]
