LVMH sees strong jewelry and watch growth
LVMH Moët Hennessy Louis Vuitton’s revenue from jewelry and watches increased 8% year on year to $1.12 billion (EUR 951 million) in the third quarter.
The R&M “Lettre”
Sign-up for La Lettre from R&M to get the essentials of current affairs in the diamond industry and privileged access to the articles published below
We keep your data private and only share it with third parties that make this service possible. Read our Confidentiality Policy for more information.
Russian Finance Ministry’s roadmap for the diamond cutting industry
The most important measures to support the industry include the abolition of VAT on the purchase of rough diamonds in the domestic market and reduction of administrative barriers for their import and export. Commenting on the abolition of VAT, Deputy Finance Minister Alexey Moiseev said in an interview with TASS on Friday: “We can say […]
Millennials more likely to sell engagement rings, survey says
Millennials are more willing to sell their engagement rings than baby boomers, according to a survey from second-hand diamond buyer WP Diamonds.
World’s ‘most beautiful diamond’ to go under Christie’s hammer
An impressive flawless 163-carat diamond that has been hailed the “world’s most beautiful” will go under Christie’s hammer in Geneva in November, the auction house said Thursday.
5 things you (probably) don’t know about Forevermark
A few weeks ago, I had the pleasure of visiting London as a guest of Forevermark, the ethically sourced loose diamond brand founded by De Beers in 2008 to promote its finest stones.
NRF: 79% of consumers still shop primarily in store
Despite the increased focus on digital and mobile shopping channels, most consumers still shop in stores primarily, according to a new study from the National Retail Federation.
Today, women buy diamond jewelry
De Beers may have arrived at the party a little late, but nonetheless new research that it published in its latest Diamond Insight Report provides detailed evidence about the rapidly changing role of women as diamond jewelry buyers.
Marketing, sure – but of what kind?
If there is anything that the diamond industry is famous for, it is its marketing. Turning a rare and out-of-reach product into an attainable household desire was a brilliant success
Weekly Diamond Market Report 17/10/02
Diamond market overview The wholesale market is heading into a quiet period, due to the Jewish holiday holidays this coming week and India’s Diwali holiday later this month.
Hepburn’s ‘Breakfast at Tiffany’s’ script sold at auction
Wearing a black dress and a pearl necklace, Holly Golightly strolls up to the windows of renowned retailer Tiffany & Co. on Fifth Avenue in the iconic opening of “Breakfast at Tiffany’s.”
ALROSA President meets with representatives of US diamond industry
ALROSA President Sergey Ivanov has held a meeting with US diamond industry representatives: Ronald VanderLinden, President of the US Jewelry Council, and Reuven Kaufman, President of Diamond Dealers Club of New York.
Tiffany & Co., a cleverly orchestrated communication campaign
What’s new at Tiffany & Co.? “Plenty of things,” you will tell me!