LVMH jewelry sales rise in first quarter
LVMH Moët Hennessy Louis Vuitton saw a rise in jewelry and watch sales in the first quarter, led by a strong performance at Bulgari, it said Wednesday.
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LVMH Moët Hennessy Louis Vuitton saw a rise in jewelry and watch sales in the first quarter, led by a strong performance at Bulgari, it said Wednesday.
Graff has unveiled the 67 polished stones it cut from the 1,109-carat Lesedi La Rona, including a record-breaking 302-carat diamond.
Americans spent more than $80 billion on jewelry and watches last year, according to the U.S. Bureau of Economic Analysis, a 7 percent increase over 2017.
Diamonds with this trait may fetch lower prices on the market, but some in the trade are embracing the opportunities they offer.
Have you read the cover story of IDEX Magazine’s March edition? If not, please take a few minutes this weekend to read it.
Alrosa has signed anagreement with Angola’s state-run diamond-mining company to develop joint projects and share information.
The National Bank of Fujairah (NBF) has launched a representative office in Antwerp as it looks to expand its business lending to established diamond traders.
The Diamond Producers Association has launched a diamond e-learning program for U.S. retailers.
GIA (The Gemological Institute of America) announced it will introduce the GIA Diamond Origin Report service which will confirm the country of origin of polished diamonds.
Tiffany & Co. is continuing its relationship with Lady Gaga, using one of the dozen songs the Academy Award winner penned for “A Star Is Born” in its new advertising campaign.
De Beers’ Lightbox brand is adding more lab-grown 1 ct. solitaires, which go for $800 a ct., to its site—but in a twist, they are being sold with piercings.
Rough-diamond prices will remain sluggish this year as the market challenges that arose in the second half of last year are set to continue, two investment banks have warned.