Corporate
LVMH debuts Blockchain tracking system for luxury goods
Global luxury powerhouse LVMH is one of the guiding forces behind Aura, a new blockchain platform that will let luxury brands, as well as the people who buy them, track their products from raw materials to point of sale, even if they are sold secondhand. Read More
So how much do we spend on jewelry and watches?
Here’s a question to ponder: How much does the average US household spend on jewelry and watches per year? Does this spending differ by age group and, if so, by how much? Knowing how much different demographic groups spend can be very valuable to a business. Read More
Starting from 2022 synthetic diamonds are to be marked with special codes
Russia’s ministry of finance. To prevent the penetration of synthetic stones into the market of natural diamonds, the natural stones industry needs to support initiatives to classify synthetic diamond products for customs clearance under separate product codes. Read More
