Tiffany’s sales, earnings fall in first quarter
Tiffany & Co. reported another weak quarter, with sales and earnings both falling due to the strong U.S. dollar and a decrease in Japanese sales.
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Mining companies to create diamond producers association
Initiates $6M budget to engage in diamond research, marketing activity The major diamond mining companies have agreed to form an organization
GIA recalls hundreds of diamonds
Carlsbad, California – The Gemological Institute of America has cut off four clients traced to hundreds of diamonds submitted with an undisclosed treatment
De Beers acquires equity stake in Synova
De Beers announced that it has acquired a 33.4-percent equity stake in Synova SA, a laser cutting system provider.
Diamond markets ‘quiet’ in April
After sliding for months, polished diamond prices showed signs of stabilizing in April, with the RapNet Diamond Index for 1-carat goods even increasing slightly.
Why the industry’s in a funk: 6 theories
We are seeing an interesting contrast: Business wise, this industry is doing okay. Psychologically, it’s a mess.
The experiential economy
This week Time Inc. and YouGov, a U.K.-based market research firm, released their 10th annual Survey of Affluence and Wealth, which polls more than 6,000 wealthy consumers worldwide.
Surat diamond units extending summer break
Diamond workers in India’s cutting and polishing center of Surat are getting an extended summer vacation.
Gaetano Cavalieri: I expect our industry to experience steady growth, but not at the pace of the past few years
The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products.
Moms to be treated to jewelry worth $4.3 billion this Mother’s Day
Spending on jewelry for Mother’s Day is set to reach a high of $4.3 billion this year, with 34.2 percent of shoppers opting for something sparkly for the woman in their life, according to the National Retail Federation (NRF).
The ‘different schema’ of the millennial shopper
New Orleans – Understanding how millennials work can help retailers reach them, and one seminar at the American Gem Society’s Conclave 2015 helped to identify just who these consumers are.
Botswana diamond industry facing tough times
There is trouble ahead in Botswana, despite the country’s promise as a major diamond manufacturing sector. A number of companies in the country have either shut their doors or laid off staff since the end of last year.