Resurrection: fine jewelry sales rise 1.1% in 2015
Fine jewelry sales in the US totaled $66.5 billion in 2015 after consumers rediscovered jewelry in the fourth quarter, leading to a resurrection in demand.
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Global economic outlook, Q1 2016
As we head into the new year, there are factors that are bound to have a substantial impact on the path of the global economy. Among these are the decisions that will be made by the US Federal Reserve, the European Central Bank, the Bank of Japan, the People’s Bank of China, and the petroleum […]
Forevermark’s Lussier appointed chairman of the Diamond Producers Association
Stephen Lussier, chief executive officer of De Beers Group’s Forevermark brand, has taken over as chairman of the Diamond Producers Association (DPA) from Jean-Marc Lieberherr, a spokesperson for the DPA confirmed with Rapaport News.
WDC executive director to participate on diamond marketing panel at IDWI
World Diamond Council (WDC) executive director Patricia Syvrud, will visit the International Diamond Week in Israel (IDWI), including her participation on the Diamond Marketing Panel.
Gold, platinum and silver price predictions for ‘16
New York – Thomson Reuters GFMS has lowered its outlook on precious metal prices for 2016, with gold, platinum and silver all expected to take a dive due to a myriad of factors worldwide.
De Beers looks to bring clarity to diamond market
De Beers is to break with decades of secrecy over the state of the diamond trade as it prepares to divulge details of sales for the first time.
Philippe Mellier : encouraging early signs but 2016 is likely to be volatile
Press release – De Beers Group Chief Executive sets out approach for 2016, including commitment to continue category marketing.
Tiffany announces $500M stock-buyback program
Tiffany & Co.’s board of directors has approved a new stock buyback program under which the jewelry retailer can repurchase up to $500 million of the company’s common stock.
Barclays Bank Botswana signs $125 million credit guarantee agreement
The US government has finalized a deal to guarantee loans to Botswana’s diamond manufacturers through a $125 million credit agreement between Barclays Bank Botswana and the Overseas Private Investment Corporation (OPIC), according to a report by Chaim Even-Zohar in the latest edition of Diamond Intelligence Briefs.
Tiffany highlights artisans in ad campaign for 130 years of iconic ring
Tiffany & Co. is focusing on the artisans behind its classic diamond engagement ring in a year-long advertising campaign to mark the 130th anniversary of the iconic jewelry piece.
The diamond paradox
The diamond paradox: big stones sell for millions while traders struggle to make a living. There’s a funny paradox in the modern-day diamond industry.
Stars come out to shine at Golden Globe Awards
The 73rd Annual Golden Globe awards held yesterday (Sunday) at the Beverley Hilton Hotel, showed the fashion statement seemed to be for diamond statement pieces in the form of striking earrings and stackable rings.