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Seven years after its introduction sent shock waves through the industry, De Beers is closing the Lightbox lab-grown diamond business. As part of the closure process, De Beers will sell certain assets, including inventory. At press time, Lightbox’s site was still up, but De Beers CEO Al Cook tells JCK it will cease functioning within the coming months. At JCK Las […]
Graff Diamonds is a young company. It was only founded in 1960, yet it is already in the big leagues. This year, it celebrates the 50th anniversary of its iconic Graff Butterfly. Founder Laurence Graff and his son François have had their hands on some of the world’s finest diamonds, including the Lesotho Promise, the […]
The World Diamond Council (WDC), the U.S. based organization representing the international natural diamond value chain, acknowledges the U.S. Government’s emphasis on fair and reciprocal trade and advocates for policies that support strengthening American manufacturing to deliver tangible benefits to U.S. businesses, workers and consumers. • More than 200,000 U.S. jobs in jeopardy • Industry […]
US consumers would pay a “great deal” more for jewelry that is ethically sourced and can be traced to its origins, according to a Plumb Club survey. The study saw a rise in consumer focus on ethically sourced gems, fair-labor practices and origin traceability, the Plumb Club said last week. Some 31% of respondents viewed ethical […]
Multinational cross-jewellery industry task force set to launch groundbreaking glossary, to protect consumer confidence CIBJO launches public consultation for ‘The Blue List’: A lexicon of harmonized responsible supply chain terminology. A more than two-year project dedicated to reinforcing consumer confidence in the jewellery supply chain is about to enter its final stage, as the World […]
Lab-grown diamonds have burst onto the jewelry scene in recent years, winning significant market share in the process. But the general public is often unaware that they have been used for over 70 years in industry, and more recently in high-tech, where their quality as thermal conductors and their ability to detect the tiniest magnetic […]
On April 16, 2025, Bvlgari inaugurated its largest jewelry production center, which is also the largest single-branded jewelry production site in the world. Located in the heart of the Valenza region, the cradle of Italian goldsmiths and jewelers, the jewelry house has marked a turning point in its history, revealing a dynamic approach that is […]
Using an approach that combines scientific rigor and emotion, Cartier regularly exhibits the treasures of its heritage collection around the world, offering the opportunity to take a spellbinding plunge into the heart of its history and style. Simply named Cartier, a new exhibition was unveiled on April 12 at London’s V & A Museum, enhanced […]
The European Union will not include polished diamonds in the countermeasure package it has put together in response to the new US reciprocal tariffs. The move would have caused “significant harm” to Belgium’s diamond industry, without “meaningfully impacting” the US in return, the Antwerp World Diamond Centre (AWDC) said Wednesday. “We are extremely pleased and […]
Francois Curiel has spent 55 years on the auction block, selling the world’s rarest natural diamonds. When you ask Francois Curiel, one of the leading auctioneers of our time, if he still feels a thrill stepping on the block for Christie’s diamond auctions after 55 years in the game, he answers with a knowing smile. […]
De Beers has earmarked its highest category-marketing spend in 10 years to promote natural diamonds and drive demand. The miner did not specify the amount, but it noted in a letter to shareholders last week that it planned to match any country’s natural-diamond marketing contributions for this year and invited proposals. The company is already working […]
First-quarter sales at LVMH slipped amid a downturn in luxury as the market saw economic and political challenges, with jewelry the only category to record an increase. Revenue for the watch and jewelry division rose 1% year on year to EUR 2.48 billion ($2.81 billion) during the three months that ended March 31, LVMH said Tuesday. Tiffany […]