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Several scenarios could play out for the diamond industry as a result of Russia’s invasion of Ukraine. While it’s too early to understand the full impact of the crisis, the longer it goes on, the deeper its effect will be on the market.
Sustainability Trends of 2022: An open letter to business leaders in the jewellery industry.
Sustainability has emerged as a key driver of business strategy in recent years, growing from the need to protect the planet, uplift communities and ensure that products and services make a positive contribution to society.
From De Beers and Pandora to designers Robinson Pelham and Bea Bongiasca, here’s how the jewelry world is reaching out to Ukraine.
The longer Russia’s assault on Ukraine continues, the more complicated the situation becomes for the jewelry industry.
Alrosa has voluntarily stepped down as vice chair of the Responsible Jewellery Council (RJC) in light of Russia’s war in Ukraine, the standards authority announced Thursday [March 3].
Just before Russia’s invasion of Ukraine, diamond miner Alrosa—which is 33% owned by the Russian government—released its latest sustainability report, which talks about helping communities, respecting the environment, and prioritizing social responsibility.
On Thursday [February 24], the U.S. Treasury announced a long list of sanctions against Russia, with some taking aim at state-owned diamond miner Alrosa and its CEO, Sergey S. Ivanov.
Dear Readers, How can we not talk about the war in Ukraine? And what should we say about it? Since ALROSA is the largest supplier of rough diamonds by volume, our industry can only expect to experience economic repercussions.
The diamond market is in a Mexican standoff, one diamantaire observed with an air of bewilderment in a conversation [during the week of February 21]. No one knows who’s going to move first — buyers who have orders but lack urgency or suppliers who are at times unwilling to sell because they expect to get […]
Miners can’t deliver product fast enough as US retail demand strengthens, driving up diamond prices.
De Beers lifted prices of smaller rough at [the sight during the week of 21st February], its second consecutive increase, as the industry continued to express concerns about a perceived mismatch with polished.
