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Of course, you cannot believe everything you read in the papers, and what you see on television is just as likely to be based on myth as reality, which is why I probably shouldn’t recommend that people turn to the British TV series Mr. Selfridge for retailing tips…but I am going to anyway.
Hallmarking, long used in precious metals, is being promoted as a means to differentiate diamond production as plans for industry-wide chain of custody standards are on hold.
The closure of an Indian manufacturer and the large debts it left behind is probably the most important news of this week, followed by the trade show in Hong Kong.
HRD Antwerp has added a report to its website about its discovery of (near-) colorless lab-grown diamonds featuring octahedral and other “natural” shapes.
The Kering Group appointed Hélène Poulit-Duquesne as the CEO of Boucheron, with an effective date of September 28. She will report to Albert Bensoussan, the CEO of Kering’s luxury, watches and jewelry division.
At the latest President’s Meeting in Tel Aviv, Israel, the trade once again cast a weary eye toward Martin Rapaport’s price list and the outsize influence it commands.
It’s already a major offshore financial center, but the Cayman Islands could also become home to an important diamond exchange, according to World Federation of Diamond Bourses president Ernie Blom.
Rio Tinto launched an online portal for its “Diamonds with a Story” initiative, featuring information that is meant to help manufacturers, designers and retailers stay on top of marketplace trends.
Diamond prices continued their decline last month as markets were relatively quiet due to weak post-JCK Las Vegas demand in the United States, the Rapaport Group said in its monthly price report. In June, the RapNet Diamond Index (RAPI) for 1-carat lab-graded diamonds fell 1 percent,
Tiffany & Co. has named Philippe Galtié as senior vice president – International, with effect from August 17. Most recently, Galtié held the post of Cartier’s International Retail Director.
There’s been a lot of talk in the jewelry and diamond industry about how to reach Millennials, a group of 77 million young American consumers – just under a quarter of the US population – who are finally reaching “jewelry buying” age.
The Supreme Court of the United States ruled on Friday that same-sex marriages are legal and recognized in all 50 states— and many members of the jewelry industry took to Facebook, Twitter, and Instagram to celebrate.