Rubel & Ménasché, French diamantaire
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News from the Diamond Industry
The MAS is exhibiting Queen Elisabeth of Belgium’s Cartier diadem with the participation of Rubel & Ménasché and Dali Diamond
In 2017, it’s no longer just the Diamond Quarter but the entire city of Antwerp that’s beating to the rhythm of diamonds!
Diamond market overview Overall polished has slowed down due to the Jewish holidays and ahead of India’s Diwali when manufacturers close for a two week holiday.
The CSR acronym has gained increasing attention in the diamond and jewelry industries in recent years.
Cartier celebrated its latest collection of high jewelry Tuesday night with a lavish dinner party on New York City’s Governors Island.
The International Institute of Diamond Grading & Research (IIDGR), part of the De Beers Group, will provide diamond verification services to Singapore Diamond Mint Company’s (SDM) new investment-grade diamond product, Diamond BullionTM, listed on the Singapore Diamond Investment Exchange (SDiX).
In September 2017, ALROSA Group sold USD 309.7 million worth of rough and polished diamonds.Rough diamond sales by value amounted to USD 305.8 million, polished diamond sales - USD 3.9 million.
For the fourth consecutive year, CIBJO, the World Jewellery Confederation, has been certified as carbon neutral, after offsetting its greenhouse gas emissions for 2016.
LVMH Moët Hennessy Louis Vuitton’s revenue from jewelry and watches increased 8% year on year to $1.12 billion (EUR 951 million) in the third quarter.
The most important measures to support the industry include the abolition of VAT on the purchase of rough diamonds in the domestic market and reduction of administrative barriers for their import and export. Commenting on the abolition of VAT, Deputy Finance Minister Alexey Moiseev said in an interview with TASS on Friday: "We can say that this is a decision already taken."
Diamond market overview Polished trading volumes in the main diamond centres slowed this past week, partly due to the Jewish holidays.