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Can the largest buyer of diamonds in the world vouch for its entire supply? In 2000, when I first heard about the Kimberley Process, it seemed like it was attempting to achieve the impossible.
Richard S. Garard, CEO of equipment manufacturer Microwave Enterprises, was recently appointed secretary general of the International Grown Diamond Association, the just-formed umbrella organization for the lab-grown diamond industry.
Newly-elected Israel Diamond Institute Group of Companies (IDI) chairman Shmuel Schnitzer, has called on the Diamond Producers Association (DPA) to invest a “substantial amount” on generic advertising.
The National Retail Federation (NRF) has estimated that US consumers will spend around $4.4 billion on necklaces, earrings and other jewelry items this Valentine’s Day.
Paris – Luxury goods conglomerate LVMH had success with Bulgari and TAG Heuer’s new smartwatch in 2015, though its CEO acknowledged that global economic “uncertainty” remains.
The Jewelry Industry Summit has released its roster of speakers who will participate in the three-day forum on sustainability and responsible sourcing. The event will be held at the Fashion Institute of Technology in New York from March 11 to 13.
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.
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 […]
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.
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.
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 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.