The three global tribes of jewelry
Millennial consumers can be divided up into three main segments, says Tim Schlick, chief strategy officer at Platinum Guild International.
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Get ready for the new ride as roller-coaster 2018 comes to an end
As the final days of 2018 pass by, the year has been somewhat of a roller-coaster ride. But then, what’s new about that, some might say.
ALROSA among leaders of environmental and energy efficiency rating
Press release – ALROSA, the largest diamond mining company in the world, took the second place in the final rating of the fundamental (environmental and energy) efficiency of the 150 largest companies in Russia and Kazakhstan operating in the real economy.
The biggest and priciest diamonds of 2018
As the year comes to a close, Rapaport News takes a look back at the largest rough stones miners unearthed in 2018, and the diamonds that fetched the highest prices at auction.
Dubai Diamond Exchange joins GJEPC’s MyKYCBank platform
The Dubai Diamond Exchange (DDE) is to join the MyKYCBank platform of India’s Gem & Jewellery Export Promotion Council.
De Beers ready to relax its provenance rules
De Beers is planning to loosen its source-disclosure restrictions for sightholders following requests for increased transparency, Rapaport News has learned.
The Kimberley Process mulling over broader definition of “conflict diamonds”
The participants of the recent Kimberley Process Plenary Meeting hosted by the European Union in Brussels carried their work to completion on November 16, 2018 but were left with a home work on their hands to be done before the next convention under the chairmanship of India.
HRD to open first middle east jewelry lab
HRD Antwerp will open a diamond-jewelry grading laboratory in Dubai’s Almas Tower through a partnership with retailer Stargems Group.
This is the largest diamond ever found in North America
Dominion Diamond Mines announced that a 552 ct. yellow diamond (pictured) has been discovered at the Diavik mine in Canada’s Northwest Territories. The mine says the stone is the largest gem-quality diamond ever found in North America.
Worldwide jewelry sales rise by 4% in Q3
Press release – ALROSA presented the results of its global luxury and jewelry market research for Q3 of 2018.
India strengthens position in diamond cutting
India increased its dominance in cutting and polishing last year due to relatively low costs that gave it a competitive advantage over China, according to Bain & Company.
Tiffany scores with wealthier immigrants
Tiffany & Co., Swarovski and Pandora are the preferred jewelry brands among more affluent immigrants in the US, according to a survey by MVI Marketing.