Tiffany sees stronger than expected sales in first quarter
Tiffany & Co. posted strong sales for the first quarter (ended April 30), with results so good even executives said they were surprised.
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RJC makes new appointments to leadership
The Responsible Jewellery Council (RJC) has announced a series of senior appointments to its Board of Directors as the organization continues to strengthen its position as the jewelry industry’s foremost standards setting and certification body.
Royal wedding 2018 jewelry: the full rundown of Meghan Markle’s royal sparkle
Meghan Markle is clearly a fan of simplicity. The new Duchess of Sussex wore a Givenchy wedding gown free of flash and embellishment on her wedding day (the internet will forever be divided on its success)
Russia creates a tracing system for polished diamonds and jewellery
Nowadays, we see that the responsible supplies and tracing the provenance of rough diamonds are thriving and widely discussed in the industry.
“We believe that the Blockchain platform has great transformative potential for the industry” Tom Montgomery, De Beers
On April 11th, De Beers representatives came to Paris to present their Blockchain pilot project called Tracr to the French industry.
ALROSA considering bid for diamond polisher Kristall
ALROSA may acquire Russia’s major diamond polisher, Kristall, in a bid to support the country’s gem-cutting industry and help create a stronger competitor to global group De Beers.
De Beers’ plan to use modern technology on an old problem
In the early 2000s, as the Kimberley Process was being forged, an NGO activist told me the best answer to post-war Sierra Leone’s diamond woes just might be De Beers reopening a buying office there. He fretted the company would never do that, as it feared the public relations repercussions.
Historic 6-carat ‘Farnese Blue’ diamond sells for $6.7M
A diamond passed down through generations of European royals now belongs to one anonymous buyer who paid $6.7 million for it.
De Beers: consumer demand for diamond jewelry hits record $82B
Global consumer demand for diamond jewelry hit a new all-time high in 2017, climbing to $82 billion, a 2% increase on the previous year, according to industry insight data published by De Beers Group.
De Beers Group successfully tracks first diamonds from mine to retail on industry blockchain
Press release – De Beers Group today announced that it has successfully tracked 100 high-value diamonds along the value chain during the pilot of its industry blockchain platform
Blues top fancy color prices
Fancy blue diamonds outperformed other major color categories in price terms during the first quarter, the Fancy Color Research Foundation (FCRF) said.
AWDC & GJEPC launch MyKYCBank partnership at banking summit in Mumbai
The Antwerp World Diamond Centre (AWDC), together with India’s Gem & Jewellery Export Promotion Council (GJEPC), have launched a know-your-customer (KYC) exchange platform, called MyKYCBank.