Graff unveils132-carat golden empress yellow diamond
Luxury London-based Graff jewellers have introduced a 132.55-carat fancy intense yellow diamond, labeled the Golden Empress.
The R&M “Lettre”
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Middle class problems
Whether it’s coincidence or kismet, as soon as I slated this post for Friday’s newsletter, I began reading stories addressing the issue that’s been on my mind for some time: the shrinking of the middle class.
Zharkov and Mellier address Presidents’ Meeting
Andrey Zharkov, the recently appointed president of ALROSA, and Phillippe Mellier, CEO of De Beers, addressed a joint meeting
Antwerp reveals very little about proposed carat tax
During the course of the past couple of months many theories have emerged about Belgium’s pending “Carat Tax.” This new fiscal law, which if approved by the European Commission, would tax diamond firms’ turnover at 0.55 percent rather than taxing profit
Raising the mood in Vegas
The JCK Las Vegas show that ended on Monday met the low expectations of the diamond trade. Polished diamond suppliers were reassured about the strength and stability of the U.S. market, even if sales were mediocre and buyers were pushing for deeper discounts.
10 things learned at the Las Vegas shows
The Vegas JCK and Couture shows not only cemented where the problems are, they also showed where positive change activity is taking place, possibly signaling the way for the rest of the category.
“A Diamond is Forever” slogan coming back, De Beers says
De Beers is bringing back its classic “A Diamond Is Forever” slogan for its Forevermark advertising, the company announced at its annual Forevermark breakfast at the Four Seasons resort in Las Vegas on May 28.
The new diamond group won’t be what you think
Everyone agrees that the diamond industry should do more generic marketing, along the lines of the fabled De Beers campaigns that created the industry. So the news that the major miners are forming a Diamond Producers Association was warmly received.
Retail jewelry prices down; demand down – where’s the logic?
When the US Fed wants to slow economic growth, it raises interest rates. When it wants to stimulate economic growth, it lowers interest rates. That’s an application of supply and demand.
Economic indicators – Just what are they indicating?
Based on official US government figures, between October 2014 and March 2015, retailers lost $550 million in fine jewelry and watch sales.
IGI certifies 10-Carat diamond grown with new technology
The International Gemological Institute (IGI) Hong Kong certified lab-grown, 10.02-carat, E, VS1, type IIa, square, emerald-cut stone produced by New Diamond Technology LLC of St. Petersburg, Russia.
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.