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.
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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.
Alibaba, AWDC to bring Antwerp diamonds directly to chinese consumers
The Antwerp World Diamond Centre and the Alibaba Group have signed an exclusive partnership to offer Antwerp certified diamonds to Chinese consumers via Alibaba’s B2C marketplace, Tmall.
Politics could affect holiday spending, study finds
There’s no doubt that we’re living in a divisive time, both politically and culturally, in the United States.
IDMA, WFDB consider joining forces
The International Diamond Manufacturers Association (IDMA) is considering an alliance with the World Federation of Diamond Bourses (WFDB) in response to the crisis in the global cutting sector.
Diamond Empowerment Fund announces millennial proposal contest
The Diamond Empowerment Fund (DEF) debuted a contest today targeting millennial couples whose proposal involved a diamond engagement ring.
Major US retailers embrace synthetic diamonds
Lab-grown diamonds will feature at some of the largest US retailers this holiday season, with J.C. Penney, Macy’s and Jewelry Television (JTV) anticipating strong growth in the category.
Petra adds ex-De Beers exec to board
Petra Diamonds has appointed former De Beers executive Varda Shine as a non-executive director in line with a plan to refresh its leadership, the miner said Monday.
ALROSA pilots Tracr platform
Press release – Tracr, the end-to-end diamond industry blockchain traceability platform being developed by De Beers Group in collaboration with industry stakeholders, is pleased to announce that Alrosa has joined the platform’s pilot programme.
Richemont forms joint venture with Alibaba
Talk about an odd couple: Richemont, the owner of Cartier and Van Cleef & Arpels, is forming a strategic partnership with Alibaba, the Chinese mega marketplace sometimes criticized for hosting counterfeits and dodgy listings.
Alrosa pilots GIA’s M2M program
Press release – GIA (Gemological Institute of America) announced today that Alrosa, the world’s largest producer of rough diamonds, is piloting in the Institute’s M2M program.
Here’s how consumers plan to shop this holiday season
The NPD Group polled a group of consumers to gauge their holiday 2018 shopping plans, and participants indicated more interest in brick-and-mortar shopping than last year.