Consumer confidence hits high in September
U.S. consumer confidence increased in September to its highest level since the COVID-19 pandemic began.
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De Beers’ market share falls in 2019, hides a surprise
After a year of pains, and ahead of one of the most complicated years since World War II, De Beers’ market share sank in 2019. Not only De Beers, but ALROSA, Rio Tinto, and Petra all lost market share.
Diamond price list hopes to be industry-wide resource
A new diamond price list hopes to become an industry-wide resource that will tally data from many different sources.
For Moments Like No Other
Every setting. Every connection. Everlasting memories. Explore the natural diamond pieces worn by the actress Ana de Armas in our new For Moments Like No Other campaign, from pendants on a radiant afternoon to layered rings at an intimate wedding ceremony to bangles at a chic starlit get together. When it comes to diamond-wearing, the […]
Diamond production dropped, now it is nosediving
Global diamond production sank 6.9% in 2019, the deepest plunge in a decade. By value, production dropped 6.2%. There were good reasons for this, and our updated production forecast calls for an even more significant slide in 2020.
Diamond business absorbs blows
The diamond business has continued to absorb the repercussions of the global pandemic. Polished diamond wholesale prices, after a small improvement in June, continued to mostly slide in July. This coincides with an ongoing decline in jewelry share of wallet.
Lucara Diamond CEO: industry sales must be transformed
This week, Eira Thomas, CEO of Lucara Diamond, owner of the Karowe mine in Botswana, sent an open letter to the diamond industry promoting Clara, the sales perform that Lucara purchased two years ago.
A new diamond ad campaign is coming this fall
Diamonds will be getting some advertising love this fall.
Diamonds have unique potential to capture consumer spend previously allocated to travel
Press release – De Beers Group’s third Diamond Insight ‘Flash’ report explores opportunities for diamonds as consumers reallocate discretionary spend.
Tiffany providing info about where diamonds cut, set
Tiffany & Co., which last year announced it was telling consumers the place and country where most of its diamonds were mined, is now taking that further by telling consumers where its gems are cut and set into jewelry.
Why Lucara’s new deal might change the diamond market
On July 15, Lucara Diamond, owner of the Karowe mine in Botswana, announced it had forged a “groundbreaking” deal with Antwerp Belgium’s HB Group. The deal calls for Lucara to sell all its “special” (more than 10.8 ct.) diamonds to HB through the end of the year.
De Beers CEO: how we plan to transform our business
On Thursday July 27, De Beers released financial results for the first half of the year, which show just how much it’s been battered by COVID-19—with total revenue coming in at $1.2 billion, a 54% drop from the year before, which itself was not a great period.