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.
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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.
Jewelry industry summit ends with commitment to harmonize standards
The Jewelry Industry Summit, a forum on sustainability and responsible sourcing, closed with commitments to pursue projects including harmonization of various standards and educating workers in the industry.
Sotheby’s to sell America’s little darling’s blue diamond
New York – The blue diamond once belonging to “America’s Little Darling” will be up for auction next month.
‘Generation Z’ already pushing millennials out of marketers’ focus
Despite the diamond jewelry industry – along with many others – still being obsessed with the so-called millennials, young people born from around 1980 to 2000, marketers are already turning their attention to the so-called ‘Generation Z’.
Strong US dollar negatively impacts Tiffany results
Tiffany & Co. has reported its financial results for the twelve month and fourth quarter period ended January 31, which showed that the strength of the US dollar has negatively affected sales and earnings.