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Contrary to what is still, sadly, often said to the detriment of the diamond industry, it actually has a positive impact on diamond producing countries and local populations. De Beers, whose research and involvement puts in pole position in this area
It’s time to break the rough supply cycle.
Sales at Tiffany slipped in the second quarter, as purchases by foreign tourists decreased in the Americas and Asia Pacific.
Tiffany & Co. will release a slew of men’s products under the new moniker—wait for it—“Tiffany Men’s.”
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.
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.
US retailers will feel the impact of levies on Chinese products. Those that innovate and diversify will have an advantage.
The Gemological Institute of America (GIA) will spotlight its country of origindiamond reports in its consumer advertising this holiday.
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.
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.
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.
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.