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Press release – ALROSA met in Antwerp with its long-term clients and representatives of the Antwerp World Diamond Center (AWDC) to discuss the current market situation and potential scenarios, as well as the needs of rough diamond buyers – the key issue for whom was to receive assurances of purchasing flexibility.
One well-known sustainability champion recently visited the diamond communities in Botswana and documented her journey.
Gemological Science International (GSI) is urging extra diligence after receiving a lab-grown diamond bearing a treatment generally only found in natural stones.
One could see the “green” trend had truly blossomed in the jewelry industry at the Inhorgenta Munich show, which ran Feb. 14–17. Booth after booth boasted of their socially responsible bona fides. A Future of Retail pavilion included a series of sessions devoted solely to sustainability.
De Beers gave a positive outlook for 2020 due to an improvement in the industry’s inventory situation, despite growing concerns about Chinese demand.
Less than a month after De Grisogono filed for bankruptcy in Switzerland, where it is headquartered, its U.S. division has followed suit.
Lightbox, which famously decided not to sell its lab-grown diamonds with grading reports, is now adding some general grading information to the white diamonds it sells that weigh more than 0.2 cts.
Oy vey. We have a problem. A perception problem. This time, it’s not the whole lab-grown versus mined diamond debate (no doubt more on that next week), but the Jane Fonda ethical jewelry brouhaha that’s spilt over social media following the Oscars.
Wholesale polished diamond prices rose in January in response to improved demand and lower wholesaler inventories. The rise in wholesale polished diamond prices started in December, as wholesalers witnessed a late rise in demand from US retailers.
Press release – In view of the latest developments concerning the worldwide spread of the COVID-19 coronavirus, it is the Fondation de la Haute Horlogerie’s duty, as organizer of Watches & Wonders Geneva, to anticipate the potential risks that travels and important international gatherings could entail.
Generic marketing has done wonders for the green fruit. What’s holding the diamond trade back from creating similar campaigns?
De Beers chief executive officer Bruce Cleaver talked with JCK Thursday 20th of February, following the release of his company’s preliminary financial results for 2019. The results were, to no one’s surprise, not very good, with total revenue falling 24% and rough diamond sales falling 26%.
