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Luxury more resilient than during 2009 crash – Bain
The luxury market could grow by up to 8% this year as the industry is well positioned to weather difficult economic conditions, Bain & Company said.
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The luxury market could grow by up to 8% this year as the industry is well positioned to weather difficult economic conditions, Bain & Company said.
In the spirit of the new year, reflecting on the past and looking toward the future, there’s something to be said about jewelry styles that never seem to lose their relevancy. One that comes to mind instantly is a delicious strand of diamonds—whether rivière, tennis, or multilayer.
As we have done for the past three years, JCK has collected the thoughts of celebrities, industry pros, and just plain folks on the year’s hot topics—everything from lab-grown diamonds to NFTs to the industry post-COVID—and on jewelry in general.
Strong jewelry sales and manufacturers’ desire to secure supply with known provenance pushed rough sales to their highest level since 2018
De Beers Group [announced December 21] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the tenth sales cycle of 2022.
Dear readers, Of course, we cannot continue without wishing you a Happy New Year and a dazzling 2023!
The companies were among the retailers that signed nonprofit Open to All’s charter.
Climate action is key for the Watch & Jewellery Initiative 2030, says executive director Iris Van der Veken.
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 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.
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.
PhotoScribe Technologies has been awarded a patent for new technology that will let jewelers—as well as consumers—sniff out diamonds with counterfeit inscriptions.