Tiffany sales fall as tourist spending slows
Sales at Tiffany slipped in the second quarter, as purchases by foreign tourists decreased in the Americas and Asia Pacific.
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Tiffany launching new men’s jewelry, accessories this fall
Tiffany & Co. will release a slew of men’s products under the new moniker—wait for it—“Tiffany Men’s.”
Is the diamond industry really in a crisis?
Diamond industry conditions have recently been described as a “crisis.” In some segments of the industry anecdotes of “no business” have surfaced as well as “no demand” for certain categories of diamonds.
ALROSA reclaims over 4 mln sq m of industrial lands
Press release – Over the past 13 years, ALROSA has allocated more than 950 million rubles (about $15 million) for the implementation of a program to reclaim, eliminate dusting facilities, and recreate a comfortable environment in the areas where the company operates.
Matters of import: how tariffs could affect the trade
US retailers will feel the impact of levies on Chinese products. Those that innovate and diversify will have an advantage.
GIA to advertise country of origin diamond reports
The Gemological Institute of America (GIA) will spotlight its country of origindiamond reports in its consumer advertising this holiday.
Kering’s jewelry brands see double-digit growth in H1
Luxury conglomerate Kering posted strong results for the first half of its fiscal year, seeing double-digit growth in overall revenue and from its jewelry brands.
De Beers CEO: diamond industry malaise will pass
The current malaise in the diamond industry is serious, but it will pass, De Beers Group chief executive officer Bruce Cleaver (pictured) tells JCKfollowing the recent release of the company’s financial results.
FCRF: pink diamonds outperformed blues and yellows in second quarter of year
The Fancy Color Research Foundation (FCRF) reported that for the second quarter of the year the Fancy Color Diamond Index (FCDI) indicated a decrease of 0.1 percent in overall prices of fancy color diamonds.
Indian Tax Office lightens exporters’ load
Diamond exporters will be allowed to ship goods out of India for trade shows or consignment without paying goods and services (GST) tax, the government has announced.
De Beers wins grant for carbon-neutral project
De Beers Group just got a little help from the Canadian government in its quest to come up with a way to make diamond mining carbon neutral.
The long, troubling tale of Marange diamonds
This week, Russian diamond miner Alrosa announced that it had signed a joint venture agreement to explore for diamonds in the Chimanimani area of Zimbabwe.