
2017 : a calmer year for the diamond industry ?
So here it is, 2017 is already one month old, we have got over our end of year excesses, we are beginning to come to terms with the winter cold and… we are setting our sights on the year ahead.
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So here it is, 2017 is already one month old, we have got over our end of year excesses, we are beginning to come to terms with the winter cold and… we are setting our sights on the year ahead.
Before its first Super Bowl ad aired Sunday, Tiffany & Co. made another major announcement : its CEO Frederic Cumenal has stepped down, effective immediately.
Ahmed Bin Sulayem, the KP chair in 2016, delivered a speech on the draft resolution “The role of diamonds in fueling conflict” at the UN general assembly 69th plenary meeting, 71st session, on February 2.
The controversial Dodd-Frank Section 1502 will likely be weakened by the new administration.
Analysts are unanimous in asserting that public welfare in recent years has been growing across the world, saying that if this is so, demand for jewelry is growing as well. Meanwhile, diamond consumption and diamond prices are inexorably going south in the last few years.
Fancy-color diamond prices grew in 2016, supported by mounting demand for rare blues and pinks, according to the Fancy Color Research Foundation (FCRF).
The Responsible Jewellery Council (RJC) introduced an updated self-assessment workbook in a revised format that provides extra guidance to help members understand its code of practices.
The pace of decline in Switzerland’s global watch exports slowed in December as Chinese orders grew and shipments to the U.S. recorded their best month of the year.
Forget about millennials (for now). There’s a new generation coming of age to whom retailers will want to pay attention. Generation Z is defined as those born after the mid-1990s until the early 2000s, meaning they are about 21 to 13 years old right now.
Several factors hurt the watch business in 2016. The Federation of the Swiss Watch Industry (FHS) has released its final results for 2016, and, as expected, they were pretty grim, with overall sales falling 9.9 percent, the worst drop since the aftermath of the financial crisis in 2009, when sales plummeted 22 percent.
LVMH Moët Hennessy Louis Vuitton reported jewelry and watch sales jumped in the fourth quarter, indicating luxury consumers shrugged off global economic uncertainty this holiday season.
Press Release – A major motion picture chronicling Botswana’s rise to democracy, and starring David Oyelewo and Rosamund Pike.