GJEPC holds diamond detection Expo & Symposium in Surat
India’s Gem & Jewellery Export Promotion Council (GJEPC) organized the second edition of the Diamond Detection Expo & Symposium (DDES 2017) on April 14 and 15 in Surat.
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Synthetic gem diamond production 4.2M Carats, says Indian study
Global production of gem-quality lab-grown diamonds has soared to 4.2 million carats a year from 350,000 carats annually just two years ago, according to a study by Bonas & Company diamond brokers and consultants.
LVMH posts big jump in Q1 revenue
LVMH Moët Hennessy Louis Vuitton, the world’s leading high quality products group, recorded revenue of 9.9 billion euros for the first quarter 2017, an increase of 15 percent. Its Watches & Jewelry business group recorded organic revenue growth of 11 percent in the first quarter of 2017.
Work! Chopard x Rihanna is coming soon
Flashback to February, when Rihanna rocked the 2017 Grammys in tangerine-colored Armani Privé and an entire treasure box of jewels, including a pair of earrings and a ring by Chopard. Turns out the superstar was secretly telegraphing exciting news.
‘Apollo’ and ‘Artemis’ could sell for $68M at Sotheby’s
Two non-matching pear-shaped diamond earrings will be up for auction next month, but interested parties will have to pay attention to the bidding on two lots instead of just one.
Retired judge now to settle disputes at Diamond Exchange
The Israel Diamond Exchange is breaking with 80 years of tradition and bringing in a retired district court judge to handle the more high-dollar disputes between members.
Diamond trade banking on relationships
The diamond industry and the banking sector are getting to know each other again, having recognized the gulf that’s developed between them. In that spirit, the diamond financing seminar that took place recently in Mumbai presented a much-needed opportunity to talk.
DPA, Signet, De Beers working on ‘Project Assure’
Signet Jewelers unveiled further details of an initiative to test synthetic-diamond detectors, a project spearheaded by the Diamond Producers Association (DPA).
Baselworld 2018 will be shorter by 2 days
As the show concluded Thursday in Switzerland, Baselworld organizers issued a press release confirming what was obvious to anyone who went to the annual watch and jewelry show: attendance was down.
Antwerp diamond industry ‘demands solution for banking issue’
In reaction to media reports regarding access to bank accounts, the Antwerp World Diamond Centre (AWDC) said it is “indisputable that Belgian banks discriminate against the entire Antwerp diamond industry“.
Record smashed as Sotheby’s sells Pink Star to Chow Tai Fook for $71 Million
Chow Tai Fook, the Hong Kong-based jewelry retail giant which is the world’s largest jeweler, paid around $71 million for the 59.6-carat Pink Star diamond today (Tuesday)
De Beers Consolidated Mines recognized for its conservation efforts
De Beers Consolidated Mines (DBCM) has won the Wildlife Ranching SA award for ‘Biodiversity and Social Responsibility’, in recognition of its approach to ecological management, the De Beers Group announced today.