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The International Grown Diamond Association (IGDA), a representative body formed by diamond growers, lab-grown diamond distributors, retailers, suppliers and technical experts, has added eight new members.
The retailer’s home city is now a selling point of its watch line.
For several years, the diamond industry has been grappling with the introduction of gem-quality lab-grown goods to the consumer market. However, even with all the talk, one essential component seems to be missing – hard numbers.
For a sector, which grew from just a cottage industry to one of the largest diamond manufacturing industry in the world, India’s diamond industry was, till not long ago, looked at globally with awe as an industry which operated purely on trust.
The Surat diamond sector, which has been suffering reduced demand due to economic slowdown, has begun to show signs of recovery, according to a report in The Business Standard.
Younger consumers are turned off by bling but still crave something real. This June at the JCK Las Vegas show, the Diamond Producers Association (DPA) will unveil an industry milestone: the first category-driving campaign for diamonds not sponsored by De Beers.
Following a meeting of various jewelers associations’ representatives and senior government ministers in New Delhi, the 42-day long jewelers strike has officially ended, according to a report in The Times of India.
The largest ever fancy vivid green diamond – the “Aurora Green” – a rare 5.03-carat stone is set to come up at Christie’s Magnificent Jewels auction in Hong Kong on May 31.
LVMH Moӫt Hennessy Louis Vuitton (LVMH) reported that its Watches and Jewelry business group recorded organic revenue growth (at constant exchange rates) of 7 percent in the first quarter of 2016.
The Diamond Producers Association (DPA) will introduce its marketing campaign at the JCK Las Vegas jewelry show in June, it said this week.
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.
New York–Steady dealer trading helped polished diamond prices to remain stable in March, even as the outlook for global consumer demand remains “uncertain,”