DPA’s marketing campaign to debut at JCK Las Vegas in June
The Diamond Producers Association (DPA) will introduce its marketing campaign at the JCK Las Vegas jewelry show in June, it said this week.
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Bain predicts uptick in global luxury demand
Demand for personal luxury goods in the U.S. and China is set for resurgence next year, lifting growth in the $285 billion (EUR 250 billion) market that hit a trough in 2016, according to a Reuters report that cited Bain & Co.
Diamond prices remain stable in March
New York–Steady dealer trading helped polished diamond prices to remain stable in March, even as the outlook for global consumer demand remains “uncertain,”
Women not waiting anymore and buying their own jewelry
From the United States to Europe and Asia, growing numbers of women are deciding that they are not going to wait to receive jewelry from partners and husbands and are increasingly buying their own jewelry.
De Beers Millennium Jewel sells for $32 million
The 10.1 ct. internally flawless fancy vivid blue was nearly stolen in a famed failed heist.
RBI allows banks to extend credit period in excess of 6 months
In a bid to ease operational difficulties faced by importers, the Reserve Bank of India (RBI) has permitted banks in the authorized dealer categories to be allowed to extend credit period beyond 180 days
GIA: more large lab-grown diamonds likely are coming
Carlsbad, Calif. – The Gemological Institute of America said it expects even more large lab-grown diamonds produced using the high-pressure, high-temperature (HPHT) method to enter the supply pipeline in the future.
Are female UHNWIs changing the face of luxury retail?
Most of us have no concept what it would be like to be an Ultra High Net Worth Individual (UHNWI), but they are a critical segment of the luxury retail industry and women are beginning to flex their financial muscles.
De Beers claims greater accuracy, consistency in diamond grading
An announcement in February that the International Institute of Diamond Grading and Research (IIDGR) has launched its generic diamond grading program surprised very few, but was noteworthy.
What are the most searched-for watch brands?
Dublin, Ireland – Karus Chains, a Dublin-based e-commerce company that sells men’s jewelry, has released a report showing which watch brands are most popular based on the number of Google searches in the last two years.
The Jewelry Industry Summit is getting rave reviews. But what now?
Does the industry need yet another association? By all accounts, the Jewelry Industry Summit, held March 11–13 at the Fashion Institute of Technology in New York City, was an extremely positive event
Signet total sales $6.55 billion in FY2016
Signet Jewelers Limited has reported that its annual total sales for the 2016 fiscal year reached $6.55 billion – a 14.2 percent increase.