DEF will honor Indian prime minister in Las Vegas
New York – The Diamond Empowerment Fund again will hold its Diamonds in the Sky Gala during Las Vegas market week this year, this time honoring Prime Minister Narendra Modi of India.
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What has Lady Gaga done for heart-shape engagement rings?
Okay, so I know you’ve heard about Lady Gaga’s heart-shape engagement ring designed by Lorraine Schwartz.
100 carat D IF “ultimate” emerald cut to be sold by Sotheby’s
Sotheby’s calls it the Ultimate Emerald-Cut Diamond—and it’s hard to argue. The famed auctioneer will offer a 100.2 ct. D internally flawless emerald cut at its April 21 Magnificent Jewels sale in New York City.
De Beers profits soar 33 percent
De Beers announced its profits soared more than 33 percent over the past year — a number that may rankle its customers who complain they are losing money on their sight boxes.
Committing to Valentine’s Day
Valentine’s Day exposes both the weaknesses and strengths of the diamond and jewelry market. For a product so driven by the idea of commitment and relationships, the holiday should be a coup for the industry, a second Christmas if you like.
De Beers profit and revenue soar in 2014
De Beers underlying earnings jumped 74 percent year on year to $923 million in 2014, according to Anglo American’s share in the diamond company, as growth was driven by higher rough diamond prices and lower operating costs.
Profits drop, smartwatch on horizon for Swatch
Biel/Bienne, Switzerland– Swatch Group reported Thursday that its profits declined sharply in 2014, amid moves it is making to combat the strong Swiss franc and launch a competitor to Apple Watch.
How to prepare for the consumers of 2020
Tucson, Ariz.–In five years, more than one-fourth of the population will be between the ages of 20 and 34, half of them will be women, and a growing number will be multi-racial or multi-cultural.
Alrosa’s former president dies at the age of 48
Moscow – Fyodor Andreev, who was president of Alrosa from 2009 until he left this past fall for medical reasons, died Friday. He was 48.
Gold price forecast to decline in 2015
New York – Though gold is expected to decrease in price again throughout the year, 2015 could end with a slight uptick, setting the stage for a price recovery next year.
Cartier, Van Cleef drive growth for Richemont
Geneva – Sales growth in the U.S. outpaced that of other regions in the third quarter for luxury goods conglomerate Richemont, with jewelry and upscale e-commerce site Net-a-Porter turning in the strongest performances.
A U.S.-driven diamond market
The United States is set to become an even more dominant market for the diamond industry in 2015. In a reversal of trends that have characterized the industry in the past few years,