
De Beers delays new sightholder contract
De Beers has extended its current sightholder contract by three months after the Covid-19 pandemic disrupted the renewal process.
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De Beers has extended its current sightholder contract by three months after the Covid-19 pandemic disrupted the renewal process.
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The diamond market suffering from an oversupply of rough diamonds and changes in the consumer priorities in retail turned out to be a fertile ground for the seeds of COVID-19 that is devastating to the global economy. The coronavirus almost completely froze the diamond trade and forced major players to make unprecedented concessions to their […]
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LVMH’s jewelry and watch sales declined in the third quarter, even as a recovery in China buoyed sales, the company said last week.
Alrosa will not hold a rough trading session in October in an effort to avoid releasing too many goods during a fragile recovery in the diamond market.
Press release – De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the eighth sales cycle of 2020.
The Gemological Institute of America just rolled out its new reports for lab-grown diamonds, which use the same color and clarity grading terminology the lab has long applied to natural diamonds.
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Press release – After a year of upheaval, this holiday season will be especially meaningful, and gifts will be symbols of hope, love and celebration.