Diamond hallmarking seeks to make its mark
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.
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Tackling debts & fears in today’s diamond market
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 identifies ‘natural’ shaped lab-grown diamonds
HRD Antwerp has added a report to its website about its discovery of (near-) colorless lab-grown diamonds featuring octahedral and other “natural” shapes.
Kering names Poulit-Duquesne as Boucheron’s CEO
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.
The trade targets Rapaport – again
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.
Cayman Islands diamond exchange idea mooted
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’s ‘Diamonds With a Story’ portal ppens
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 soften in June
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,
Philippe Galtié appointed senior Vice President – International of Tiffany & Co.
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.
Are millennials the “best” jewelry customers? maybe not…
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.
Jewelers expect bump in business after same-sex marriage ruling
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.
The myth of marketing to millennials
Anyone else confused? It turns out that all this marketing to Millennials and putting the young, hip, technologically savvy consumers in a special (and exalted) category of their own might not be as wise as marketers have led us all to believe.