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Tiffany & Co. reported below-expectations results for its first quarter of 2019 (ended April 30), as comps, sales, and earnings all declined. Worldwide net sales declined 3% in the quarter to $1 billion, while comps declined 5%.
Alrosa announced its approach to diamond traceability in Las Vegas, offering customers an in-depth look into the origin of their diamonds via a personalized video.
An annual tradition, industry veterans Chaim Even-Zohar and Pranay Narvekar present the 2018 iteration of The Tacy Diamond Pipeline, with an in-depth look at the impact that the rise and acceptance of laboratory-grown diamonds has had on the industry this past year.
Press release – The Diamond Producers Association (DPA) launched an expanded offering of educational assets available to the jewelry trade at JCK Las Vegas, adding to the already robust set of materials available on the DPA trade portal.
Press release – “Funds raised from diamonds have not just built our roads, but also our people,” Dr Mokgweetsi Masisi, President of the Republic of Botswana, said as he opened JCK Las Vegas 2019 in a keynote speech delivered at a breakfast hosted by De Beers Group.
Just prior to the opening of the Las Vegas gem and jewelry shows, the De Beers Group announced the launch of the Tracr Community for the education and collaboration of industry participants. Tracr® is a diamond traceability platform that is developed by De Beers in collaboration with the diamond industry.
The Gemological Institute of America (GIA) will offer provenance reports for colored diamonds, expanding its existing service matching polished to the original rough.
Stephen Lussier, the veteran De Beers executive who nowchairsits newly formed consumer products division (which consists of Forevermark, De Beers Diamond Jewelers, and lab-grown line Lightbox) as well as the Diamond Producers Association (DPA), spoke to JCK following the Forevermark breakfast at JCK Las Vegas on May 30, which included a speech by Botswana’s first lady, Neo […]
The Diamond Development Initiative (DDI), the Ottawa, Canada–based group that works on the issues surrounding artisanal diamond diggers, is looking for a new executive director to replace longtime head Dorothée Gizenga (pictured).
A pink diamond ring named for its resemblance to bubble gum fetched $7.5 million at Christie’s Hong Kong auction.
DiaCam360 has initiated a new venture that will lead to the automated identification of a diamond’s color and clarity, based on a proprietary database of hundreds of thousands of images of diamonds that were taken with the DiaCam360.
An overwhelming majority of Generation Z and millennial consumers feel an engagement ring should cost less than $2,500, according to a new study from TD Ameritrade on young Americans and marriage, conducted by the Harris Poll.