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The Antwerp World Diamond Centre (AWDC) has reelected Isidore Mörsel as president of its board, following a brief first term at the helm. The AWDC first appointed Mörsel, the CEO of Dali Diamond Company, in October, to succeed David Gotlib, who resigned in September. The organization held its board elections two weeks ago, it said Friday. He will serve […]
The natural diamond industry navigated a challenging 2023. Demand was impacted by the bridal catch-up effect after COVID-19 restrictions eased, macroeconomic headwinds, and increasing demand for lab-grown diamonds (LGDs), particularly in the US. In addition, short-term supply was affected by changes in midstream and downstream stock levels. This resulted in a weakening of the value […]
The jewelry house announces the arrival of Catherine Rénier to head up its business. One appointment comes head on the heels of another at Richemont. Following the announcement of a new CEO at Cartier, the Swiss luxury group has announced the arrival of Catherine Rénier at the helm of another of its Maisons, Van Cleef & Arpels. After serving as […]
Richemont and LVMH are well positioned to increase their brands’ influence over the industry. Last year was a big one for luxury jewelry companies. Several brands celebrated milestones, launched new collections and unveiled physical locations, which further elevated their status among high-end consumers. The luxury houses walk a fine line between the past and present, […]
The jewelry Maison, which belongs to the Richemont luxury group, has announced the appointment of Louis Ferla as its new CEO. Jumping from one house to another, Richemont is recruiting internally. At the helm of watch manufacturer Vacheron Constantin since 2017, Louis Ferla will take over as head of jeweler Cartier from September 1st this year. […]
SI-clarity goods performed well, but overall trading was mixed. Diamond trading at JCK Las Vegas set a cautious tone as the US consumer market remained uncertain, exhibitors reported. The important fair, which ended Monday, mirrored the mixed trends visible in the sector. Loose-diamond suppliers gave varied reviews, with lab-grown competition continuing to impact sales. Certain […]
From moringa to ecotourism in the Okavango Delta, the country and its leaders are exploring how Botswana can diversify its economy. Elephants wade in Botswana’s Okavango Delta in the early morning. Ecotourism in the Delta is one area in which government officials see potential for job growth and revenue generation. (Photo by Chris Boyes/National Geographic […]
The company is pivoting production at its factory in Oregon to industrial diamonds, while the future of Lightbox remains unclear. The exterior of De Beers Group’s diamond factory in Gresham, Oregon. The company announced last week that it is transitioning production at the facility from diamonds for jewelry to diamonds for industrial and technology uses. […]
The two industry giants are working together on a new marketing campaign. De Beers Group CEO Al Cook (left) and Signet Jewelers CEO Gina Drosos met in Botswana earlier this year. Their companies are teaming up on a new natural diamond marketing campaign set to launch in Q3. New York—Signet Jewelers and De Beers Group […]
The extraordinary collection contains three of the world’s largest and most famous natural diamonds. By Harriet Mays Powell | March 5, 2024 Comprising of more than 23,000 gemstones and thousands of natural diamonds, the British Crown Jewels are held in trust by the monarch for the nation and have been protected in the Tower of […]
Having experienced various acquisitions and restructurings at places where I’ve worked, I have considerable sympathy for De Beers’ 20,000 employees as they digest the news that majority owner Anglo American plans to sell off their company. While big corporate changes sometimes work out for the best, they are rarely pleasant for those who live through them. Prior […]
Provenance transparency together with digitalization mark a significant step to future proof the KPCS WDC President Feriel Zerouki addressing the Closing Session of the Kimberley Process Intersessional meeting in Dubai on May 17, 2024. DUBAI, UAE: MAY 17, 2024 – The World Diamond Council (WDC) concluded the 2024 Kimberley Process (KP) Intersessional with a renewed […]
