Report: Luxury continues to underperform in the US
The luxury market is expected to get back to growth this year as Chinese spending and consumer confidence in Europe return.
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De Beers Group to consider investments in start-ups
The De Beers Group has announced the creation of De Beers Ventures to actively consider the acquisition of minority equity stakes in start-ups and growth companies.
Surprise! More than half of millennials shop in stores
The annual Millennial Shopping Report, authored by retail think tank CouponFollow, was published online this week, offering scads of new data on how millennials, the largest generation in human history (at over 80 million strong), are shopping.
Swiss watches show signs of recovery
Swiss watch exports jumped in May amid stronger demand from China and Hong Kong, the Federation of the Swiss Watch Industry reported Thursday.
Cartier releases new ‘The Proposal’ films
Cartier has followed up on its acclaimed “The Proposal” commercials by publishing two new videos on social media this week.
GIA to demonstrate GIA iD100™ gem testing device at June Hong Kong Fair
The GIA will demonstrate and take pre-orders for its new iD100™ testing device at the June 22-25 Hong Kong Jewellery & Gem Fair following what it said was a successful debut of the instrument at the JCK Las Vegas show in early June.
5 takeaways from Las Vegas
The Las Vegas jewelry show season injected some confidence back into the diamond trade, despite a drop in attendance. Beyond the trading prospects for buyers and suppliers, last week’s shows provided a snapshot of the diamond and jewelry market.
Israel Exchange introduces diamond tech incubator
The Israel Diamond Exchange is launching the Diamond Tech Innovation Center, an incubator for diamond-related tech start-ups.
De Beers to hold first auction for third-party exceptional polished diamonds
De Beers is to allow traders in exceptional polished diamonds to anonymously use its auction sales platform for the first time when it holds its exceptional polished stones auction on June 29.
ALROSA and DMCC heads discuss cooperation in Moscow meeting
ALROSA President Sergey Ivanov and Executive Chairman of the Dubai Multi Commodities Centre (DMCC) Ahmed Bin Sulayem have agreed to enhance diamond trade cooperation.
De Beers Lab Introduces Screening Device for Set Jewelry
The International Institute of Diamond Grading & Research just introduced what it says is the first screening device for man-made diamonds that can test multiple stones in set jewelry at once.
Engagement-ring prices stable at $3.4K
The price of engagement and wedding rings in the US hasn’t changed much since last year, according to data that research group The Wedding Report released Monday, the 12th of June.