Jewelry and watches strong for LVMH in 2019
Sales of jewelry and watches at LVMH increased 7% in 2019 amid a strong year for Bulgari.
The R&M “Lettre”
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See the 5 best celebrity jewelry looks from the SAG awards
So many awards season red carpets, so little time. How does one keep it interesting?
GIA suspends diamond sealing services
The Gemological Institute of America’s grading lab is suspending its diamond sealing service for the second time in six years, after a likely fraudster replaced untreated diamonds in a sealed packet with treated stones.
The GemFair Way : reflecting on Gemfair’s progress to date
Press release – GemFair was announced by De Beers Group in April 2018 to support the formalisation of the artisanal and small-scale mining (ASM) sector by raising standards and opening up a new source of ethical diamond supply via De Beers Group’s industry-leading distribution channel.
De Beers’ full year rough diamond output slides 13% to 30,8mln
De Beers’ rough diamond output eased 13% to 30,8 million carats in 2019 compared with 35,3 million carats in 2018, according to Anglo American.
Forevermark unveils first interactive shop in China
De Beers has launched an immersive concept store for its Forevermark jewelry brand in China.
De Beers plans overhaul of supply policy
De Beers plans to abandon its practice of using sightholders’ purchase history as the main factor in determining how it allocates rough supply, sources have told Rapaport News.
Louis Vuitton buys 1,758ct. diamond from Lucara
Lucara Diamond Corp. has sold Botswana’s largest diamond to Louis Vuitton in a rare move that will see the fashion house partner with an Antwerp manufacturer to polish the stone.
World Diamond Council proudly announces appointment of Elodie Daguzan as its new Executive Director
Press release – Elodie Daguzan is to become the new Executive Director of the World Diamond Council (WDC), following the approval of her appointment by the organization’s Board of Directors. She will officially assume duties on February 1, 2020.
UK secures deal to keep rough trade alive
The UK has secured independent membership of the Kimberley Process (KP), enabling it to continue participating in the international rough-diamond trade after the nation leaves the European Union.
Lucapa unearths 117ct. rough at Lulo Mine
Lucapa Diamond Company has recovered a 117-carat, gem-quality diamond from its Lulo alluvial mine in Angola.
Rio Tinto lowers outlook as Argyle closure looms
Rio Tinto expects a decline in diamond production in 2020 as it reduces output at its Argyle mine in Australia, which is set to close in the fourth quarter.
