Richemont warns of ‘volatile times ahead,’ even as sales rise
The CEO of Cartier told Bloomberg it will be toning down some of its marketing in response to the sharp increase in the cost of living.
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The evolution of De Beers’ strategy
Bruce Cleaver had a very focused “to do” list when he took over as De Beers CEO in July 2016. Having previously worked on strategy and business development at the company, as well as at parent Anglo American, he recognized De Beers’ need to evolve, and to protect it from the increasing volatility evident in […]
Tiffany debuts jeweler training program
LVMH has expanded its apprenticeship initiative to the US following its acquisition of Tiffany & Co., enabling the New York-based brand to train the next generation of jewelry designers and makers.
Lucara and HB extend sales deal for 10 years
Lucara Diamond Corp. and Belgian manufacturer HB Trading have signed a sales agreement that will see the pair partner on large stones through December 2032.
The lab-grown diamonds sold at 100% off Rap
Last September, I wrote an article on lab-grown diamond prices, where I quoted an “industry veteran” as saying that, with lab-grown diamonds being sold at 90% off the Rapaport list, “what’s lower than that? 100%?”
The Tiffany Holiday campaign is an ode to Andy Warhol
Starring Hailey Bieber, it’s inspired by holiday cards Warhol created for the brand decades ago.
Blue Nile now selling lab-grown diamond engagement rings
Blue Nile, which for years resisted selling lab-grown diamond engagement rings, is now offering them side-by-side with natural diamonds on its site.
De Beers’ Oct/Nov rough sales total $450M
As in September, the company’s sales were up slightly year-over-year but down month-to-month
New NDC portal tests the diamond testers
The Natural Diamond Council (NDC) has debuted a new Assure portal, which rates testers on their ability to distinguish natural diamonds from lab-growns.
One more big pink diamond heads to auction, with $35M price tag
It follows a few other notable fancy color diamonds at auction this fall, with mixed results.
De Beers Group rough diamond sales for cycle 9, 2022
Press release – De Beers Group [announced Novemebr 16 ] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the ninth sales cycle of 2022.
WDC proposal helps break impasse,
allowing for successful conclusion to 2022 KP Plenary
Press release – The 2022 Kimberley Process Meeting ended successfully in the early hours of November 5, after a compromise proposal offered by the World Diamond Council managed to break an impasse that could have prevented the gathering dispersing without issuing a Final Communiqué.
