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For just over a decade, the diamond midstream — consisting of manufacturers and dealers — has served as a repository for the trade’s inventory and absorbed much of its credit risk. Manufacturers pay up front for rough, process the stone, and then typically sell the polished on credit, offering terms of 30 to 60 days. […]
They star in the newly released campaign for the “T1” collection. On Tuesday [June 15], Tiffany & Co. unveiled a new campaign across its channels for the “T1” collection.
Diamond jewelry sales rose by about 30% in the last three months—February through May—versus 2019, according to the Natural Diamond Council (NDC).
What do the 3,106 ct. Cullinan, the 1,109 ct. Lesedi La Rona, and Elizabeth Taylor’s Krupp have in common? In addition to being some of the most famous and valuable diamonds in the world, they’re all Type IIa, which means they have no measurable nitrogen or boron impurities and are therefore chemically pure.
Debswana, De Beers’ joint venture with the Botswana government, has discovered a 1,098-carat rough diamond, one of the largest in history.
Having improved its creditworthiness before and during the pandemic, the industry is learning to rely less on its lenders.
India is experiencing a shortage of diamonds as rough supply has dropped and polished goods remain stuck at the Gemological Institute of America (GIA).
It’s not just the lab-grown versus natural diamond wars. A new industry tiff is opening, with platinum taking on white gold.
“Stand for Love” highlights New Yorkers from the LGBTQIA+ community.
The diamond industry is emerging from the Covid-19 crisis, says Rapaport Senior Analyst Avi Krawitz, who has identified five trends shaping the market in 2021.
Global luxury sales could return to pre-pandemic levels this year, boosted by a strong recovery in China and an unexpected early rebound in the US, according to Bain & Company.
The luxury titan’s jewelry sales exceeded pre-COVID levels.
