Chinese consumers spending more on domestic local luxury brands
Recent research has indicated that the slowing Chinese economy has not stopped consumers from buying luxury items.
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Asian demand drives Kering jewelry sales
Kering recorded robust sales in its jewelry-and-watch division in 2018, amid growing demand for its products in Asia.
LGD prices – not what you might expect
In early 2015, the retail market became very aware of lab-grown diamonds (LGDs). It’s not that no one had ever heard of them before, but this suddenly became a major topic.
GIA says two Lightbox diamonds are G VS1s
De Beers does not providegrading reports for its Lightbox lab-grown diamonds, leading to much speculation about their quality.
‘Lab-Grown’ diamond turns out to be natural
A client of the Gemological Institute of America (GIA) wrongly submitted a natural diamond as a lab-grown stone, the organization said.
Retail growth may slow this year, according to NRF forecast
On the 5th of February, the National Retail Federation (NRF) released a 2019 forecast that predicted retail sales will increase between 3.8 percent and 4.4 percent, to more than $3.8 trillion.
Fancy Color Research Foundation: prices stable in Q4
The Fancy Color Research Foundation (FCRF) reported that in Q4 2018 fancy color diamond prices showed stability across all sizes and saturation.
Lightbox doing its first trunk show, Los Angeles pop-up
Lightbox, De Beers’ much-talked-about lab-grown diamond brand, is continuing to make its presence felt in the non-digital world—with a trunk show this week on a cruise ship and a pop-up store next month in Los Angeles.
Tiffany is now telling consumers the origin of its diamonds
If you walked into a Tiffany & Co. store shortly after the new year, you might have noticed something different in the cases where the jeweler displays its engagement rings.
Back to the source…
Shedding light on every diamond: is this a selling point? A few weeks ago, I read an interesting article in a French magazine, which was pondering applications that decipher the ingredients in cosmetics labeling.
LVMH’s watch, jewelry sales were up 12% last year
LVMH, a titan in the world of luxury goods, reported strong full-year results with watch and jewelry sales climbing by a double-digit percentage.
New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies
After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector.