Bulgari boosts LVMH’s Q3 watch, jewelry sales
LVMH reported double-digit revenue growth in its third-quarter results, buoyed by a strong performance across all segments from watches and jewelry to wines and spirits.
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WDC 2019 Annual General meeting in Antwerp
Press release – WDC focuses on strengthening the scope of Kimberley Process during 2019 Annual General Meeting in Antwerp.
Rio Tinto unveils $1.1M Argyle diamond jewelry
Rio Tinto has unveiled a necklace-and-ring set worth $1.1 million, created from 673 diamonds recovered from its Argyle mine in Australia.
Diamond Producers Association unveils ‘The Diamond Journey’ campaign
Press release – The new campaign from the DPA’s Real is Rare, Real is a Diamond platform tells the epic journey of a natural diamond, 3 billion years in the making.
NRF: Holiday retail sales to Increase 4% this year
The National Retail Federation said Thursday it expects holiday retail sales to increase between 3.8 percent and 4.2 percent compared with last year.
Partnership between the RJC and the UN Global Compact on the Sustainable Development Goals
Press release – RJC enters into a partnership with the United Nations Global Compact to advance impact and innovation on the Sustainable Development Goals.
313ct. diamond emerges as world’s largest D-color
Nemesis International on Thursday the 24th of September unveiled a 313-carat diamond that has been certified as the largest D-color polished stone in history.
Richemont buys italian jeweler Buccellati
Luxury conglomerate Richemont has acquired Buccellati Holding Italia S.p.A., the owner of Buccellati, the famed Italian jeweler, for an undisclosed price.
Synova launches automated diamond cutter
A technology provider part-owned by De Beers has unveiled an automated cutting machine that, it claims, will significantly speed up diamond manufacturing and reduce costs.
DMCC opens upgraded diamond exchange
The DMCC has unveiled the redesigned Dubai Diamond Exchange (DDE) in the Almas Tower. The DMCC says the redesigned trading floor is the largest in the world.
Consumers willing to pay more for verification
Consumers are prepared to pay a premium for a diamond that has been verified as responsibly sourced, MVI Marketing found in a survey.
India reduces industry’s tax burden
The Indian government has lowered the rate of goods and services tax (GST) for certain diamond work in a move that will help buoy the struggling sector, the nation’s Gem & Jewellery Export Promotion Council (GJEPC) said.