Boucheron, Pomellato deliver ‘very solid’ performances for Kering
Revenue for the group that includes Kering’s jewelry brands grew 32 percent in the first half of 2022.
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First half of 2022: jewelry sales rose, average value soars
Jewelry sales boasted an impressive performance in the first half of 2022. Sales rose nearly across the board – a particularly impressive act against the excellent performance of 2021. However, as the months went by, sales deteriorated until they fell behind in June.
De Beers to mine more diamonds this year than originally planned
The company upped its 2022 production guidance despite warning of a potential slowdown in diamond jewelry sales. Here’s why.
High jewelry shines in first half for LVMH
The luxury conglomerate said Bulgari’s “Eden: The Garden of Wonders” and Tiffany’s “Blue Book” collections set records.
De Beers appoints VP of Code of Origin, trade services
The De Beers Group has appointed industry veteran Ivette Nersesyan-Stephanopoulos as the company’s vice president of code of origin and trade services for North America.
This may be the largest pink diamond found in 300 years
A 170-carat pink Type IIa diamond has been unearthed from an Angolan mine—and is what some are calling the largest pink diamond recovered in the last 300 years.
De Beers Group rough diamond sales for cycle 7, 2022
Press release – De Beers Group [announced August 31] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the seventh sales cycle of 2022.
De Beers Group rough diamond sales for cycle 6, 2022
Press release – De Beers Group [announced July 27] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the sixth sales cycle of 2022.
For an inspiring summer, enjoy the art and floral beauty of Chaumet
Dear readers, As the summer break draws near, our Lettre tackles a wide range of subjects, which will give you food for thought, whether you read them before you go, while you’re travelling or when you return ;-)
The new digital dawn of post-pandemic retail
Retail has shifted since the start of Covid-19, and the drive toward digital has become more pronounced. Some 90% of jewelry retailers now have online platforms, according to Bain & Company’s Global Diamond Industry 2021–22 report. “The pandemic rapidly accelerated e-commerce, even for independent US retailers,” it states.
India tax rise will help industry, says trade body
India has increased the rate of goods and services tax (GST) on polished diamonds — a move that, perhaps surprisingly, has received a positive welcome from the industry.
Nonprofit urges Europe to outlaw Russian diamonds
The European Union should ban Russian diamonds in its next sanctions package, German nonprofit Transparency International said the [week of July 4] in an open letter to officials.
