
Polished stocks too heavy for Sarine
Sarine Technologies’ sales slid in the third quarter as a buildup of polished inventories resulted in manufacturers investing less in their operations.
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Sarine Technologies’ sales slid in the third quarter as a buildup of polished inventories resulted in manufacturers investing less in their operations.
Fraudsters forged a Gemological Institute of America (GIA) inscription on a synthetic diamond to make it appear that the stone was the true bearer of a natural-diamond grading report, the institute said.
Lebanese jewelry brand Mouawad is back at it.
Rio Tinto’s 2017 Argyle Pink Diamonds Tender collection of 58 rare pink, red and violet diamonds from its Argyle mine has delivered a record result, reflecting strong global demand for such rare diamonds.
Four years ago, while mystery-shopping Tiffany, I asked the sales clerk if you can have breakfast at Tiffany. He said no, but that’s the question he’s asked most often.
The Fancy Color Diamond Index for the third quarter of 2017 indicates a slight rise overall of 0.2 percent over Q2 2017, for yellow, pink and blue fancy color diamonds in all sizes and saturations.
CIBJO, the World Jewellery Confederation, the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have fulfilled the final stage of an agreement, by which the nomenclature used by the International Diamond Council (IDC) will now be harmonized with that of CIBJO’s Diamond Blue Book.
While some see opportunity, others question its stability.
Israel Diamond Exchange (IDE) President Yoram Dvash was re-elected earlier this week for a second term of three years at a General Assembly of bourse members, the IDE said in a statement.
Following the annual Bain & Company report last week on global luxury sales which indicated that sales have increased
When the Diamond Producers’ Association(DPA) upped their budget to $60 mn recently for generic promotion of diamonds and diamond jewellery, confidence seemed to return to the global diamond industry.
The Rolex Daytona that once belonged to Paul Newman sold for $17.8 million Thursday evening, becoming the most expensive wristwatch ever sold at auction.