Botswana to increase demands of De Beers in next sales agreement
Botswana has put together a negotiating team for talks with De Beers about the sides’ next sales agreement which is set to replace the current agreement which runs out in 2020.
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IBM’s 2018 Holiday retail forecast: 4.8% year-over-year growth
IBM projects year-on-year retail sales growth of 4.83%, compared to 4.2% in 2017, due to ongoing high levels of consumer confidence.
Swiss watch exports rebound in October
Shipments of Swiss watches bounced back in October after a drop the previous month, benefiting from stronger exports of high-end timepieces.
See Tiffany’s magical Holiday 2018 ads
Tiffany & Co. has rolled out the holiday 2018 edition of its “Believe in Dreams” marketing campaign.
WDC expresses concern about pace of reform during 2018 KP Plenary
Press release – Still hopeful scope of Kimberley Process will be expanded during coming year. WDC Urges Kimberley Process Participants to Support the Expansion of the Definition of Conflict Diamonds Ahead of the 2019 Plenary Meeting in India.
Marie Antoinette’s pearl and diamond pendant sells for $36M
Not surprisingly, the recent auction of jewelry and other items from the collection of the Bourbon-Parma family proved to be quite a hit.
Harry Winston just acquired the ‘Pink Legacy’ for $50 million
Christie’s Magnificent Jewels sale held Nov. 13 in Geneva garnered more than $110 million, and nearly half of that was due to a very special pink diamond.
ALROSA develops expanded environmental program for 2019
Press release – ALROSA experts completed forming the list of environment protection activities for 2019.The main features of the program – protection of atmospheric air and water resources, waste disposal, land protection and rehabilitation – were expanded
Apple’s Jony Ive, Marc Newson create an all-diamond ring
Apple chief design officer Sir Jony Ive and celebrated designer Marc Newson have created the (RED) diamond, an all-lab-diamond ring that will be sold by Sotheby’s in Miami on Dec. 5 as part of the third (RED) Auction during Design Miami.
Richemont jewelry sales rise
Richemont’s jewelry sales increased 12% in the first fiscal half, though signs of weakening in Asia raised investor concerns.
Graff unveils first diamonds cut from 1,109-carat stone
After more than a year of detailed analysis, cutting and polishing by a team of experts, Graff Diamonds has begun unveiling the diamonds cleaved from the 1,109-carat Lesedi La Rona.
Typhoon hits Hong Kong luxury sales
The pace of sales of jewelry and other luxury items slowed in Hong Kong in September, as poor weather and trade fears drove down tourism traffic to the municipality.