LVMH’s full-year jewelry, watch sales sink 24%
LVMH posted a double digit drop in revenue in its full-year results as COVID-19 continues to take a toll on the French luxury titan.
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Natural Diamond Council and Lorraine Schwartz Announce Initiative for BIPOC Designers
The Natural Diamond Council (NDC) and fine jewelry designer Lorraine Schwartz are addressing a little-known inequity in the jewelry business: access to diamonds.
In an age of purposeful purchasing, secondhand diamonds surge ahead
Bridal jewelry has, for obvious reasons, always been a sentimental purchase.
Accepting uncertainty, drawing on certain key trends… and adapting!
2020 was a rollercoaster year. A year in which all our certainties were shaken up. Yet, we do all we can to base our professional (and often personal) decisions on certainties, in our quest to always make the “best” decisions.
ALROSA reports its December 2020 diamond sales results
ALROSA reports preliminary rough and polished sales results for December and 12 months of 2020.
Check out the 10 designer engagement rings in De Beers’ Ten/Ten project
Last year, diamond producer De Beers Group handpicked 10 of-the-moment fine jewelry designers, then challenged them to create a “reimagined” engagement ring using a sustainably sourced, natural diamond from Botswana.
Younger consumers still like diamonds, survey says
Milllenials and Generation Z consumers still have a taste for diamond jewelry, says a new survey from the Natural Diamond Council.
De Beers and Alrosa raise rough prices
The two largest diamond miners increased prices at this week’s rough sales as demand improved due to post-holiday restocking and strong trading ahead of the Chinese New Year.
Resurgent jewelry sales lift Richemont
Richemont’s jewelry sales increased 9% year on year in the third fiscal quarter as strong growth across most of its global network offset weakness in the European market.
Alrosa sales surge in final months of year
Sales at Alrosa showed a strong recovery in the fourth quarter of 2020 amid holiday demand and a rise in activity at Indian diamond manufacturers.
De Beers cuts sightholders as it creates client categories
De Beers has reportedly informed around 10 sightholders—including a handful of longtime clients—that they will not be eligible for new contracts, informed sources told JCK.
Cartier’s new campaign celebrates its most iconic pieces
Cartier is reminding consumers of its best-selling styles in a new international campaign.
