Chanel No.5 Immortalized in a 55.55-carat Diamond
Chanel’s iconic No.5 perfume has been immortalized in a diamond weighing 55.55-carats and cut in the shape of its signature bottle.
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Tiffany & Co. names new creative director
Tiffany & Co. looked outside of the jewelry box when naming its new creative director, marketing and communications.
China’s diamond market on path to recovery
How well has the prominent Asian country weathered the crises of the past year, and what are its prospects for growth?
De Beers to seek sightholders’ polished Data
De Beers is embarking on a tracking program for the diamonds it supplies to sightholders, seeking to ensure that customers create value from the rough they buy.
WDC urges enhanced due diligence when handling rough diamond exports believed to have originated from the Central African Republic
Press release – In light of recent reports by the international media, observers on the ground and NGOs about political unrest in the Central African Republic (CAR), the World Diamond Council (WDC) reiterates its call to members of the diamond industry to carry out enhanced due diligence when considering the purchase of goods that are […]
ALROSA reports its January 2021 diamond sales results
Press release – ALROSA reports preliminary rough and polished sales results for January 2021.
De Beers Group rough diamond sales for Cycle 1, 2021
Press release – De Beers Group announced [February 03] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the first sales cycle of 2021.
De Beers’ 2020 revenue declines 27%
Sales and diamond production dropped sharply in 2020 for De Beers Group, as COVID-19 had a “profound impact” on global diamond supply and demand, the company said.
More stones with fraudulent inscriptions submitted to GIA
The GIA said it recently received more stones with counterfeit GIA report number inscriptions on their girdles.
Consumer spending on diamonds exceeds expectations as rough demand outstrips supply – Zimnisky
Consumer spending on diamonds exceeded expectations in the fourth quarter of 2020 and has continued through early 2021, according to a top industry expert.
Lab-Grown prices have slumped, Bain says
Increased synthetic-diamond production led to a price drop last year, giving lab-grown a greater share of the fashion-jewelry market, according to Bain & Company. Production of lab-grown diamonds has seen double-digit growth over the past two years, reaching 6 million to 7 million carats in 2020, Bain said Monday [February 8] in its annual report on […]
Diamond market set for full recovery by 2024
The diamond supply chain will return to pre-pandemic levels between 2022 and 2024, led by economic recoveries in China and the US, according to Bain & Company.
