De Beers Group rough diamond sales for Cycle 6, 2021
Press release – De Beers Group announced [July 28] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the sixth sales cycle of 2021.
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The value of values
The push for a traceable and transparent supply chain is as much about profits as it is about principles.
Social responsibility
The role of business is expanding. While the need to provide good products at competitive prices remains the same, the definition of “good products” is rapidly evolving. Social responsibility can be seen as a quality attribute that increases the “good” of a product. As in all quality improvements, the higher the quality, the greater the […]
De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners
De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds.
The business of doing good
Iris Van der Veken, executive director of the Responsible Jewellery Council, discusses how the UN’s 17 Sustainable Development Goals can help companies boost consumer confidence.
Next year will see a wedding boom, forecasters predict
After the COVID-19 pandemic forced many couples to postpone or cancel their weddings in 2020 and 2021, forecasters are now predicting a “wedding boom” in 2022.
JCK to go ahead, but with few overseas visitors
Foreign attendance at the JCK Las Vegas show is hanging in the balance, with key diamond centers sending fewer exhibitors than usual amid continued Covid-19 measures.
Lab-Grown diamond awareness is strong, but consumers still confused
Most consumers have heard of lab-grown diamonds. They know they exist. But many still aren’t quite sure what they are.
Demand for diamond jewelry continues into summer months
And it’s expected to stay that way for the remainder of 2021.
Kering’s jewelry houses rebound in H1
Boucheron and Pomellato performed especially well in the first half after expanding into the Asia-Pacific region.
LVMH’s H1 sales soar as Tiffany settles in
The luxury titan’s watch and jewelry sales more than tripled in the first half of the year.
A call for synthetics transparency
Among the challenges of assessing the lab-grown diamond market is the lack of published data on the sector. That’s largely because none of the companies operating in the space are publicly traded, which would require them to disclose metrics such as sales, profit and production.
