The R&M “Lettre”

The Indian government has lowered the rate of goods and services tax (GST) for certain diamond work in a move that will help buoy the struggling sector, the nation’s Gem & Jewellery Export Promotion Council (GJEPC) said. 

US retail sales rose in August, even as consumer confidence slipped slightly from the previous month amid the escalating trade war. 

MVI Marketing has just come out with a consumer research study report looking at “the need for third-party verification of mined and lab-grown diamond claims of positive social and environmental impact.“

Just as the industry is getting its head around how to appeal to millennials, there’s a new, possibly more quixotic, generation coming up.

The diamond industry must significantly increase its marketing spend to ensure the trade’s longevity. This need is highlighted by the difficult conditions the sector has endured over the past few years.

During the last diamond industry crisis—four years ago—many lamented that a “perfect storm” of factors had converged to knock the industry on its back.

Press release – ALROSA Group announces diamond sales results for August and eight months of 2019.

The Gemological Institute of America’s iD100 gem testing device can now screen pink diamonds following a software upgrade released last week.

Rio Tinto has launched a collection of rare pink diamonds from its Argyle mine, which has been specially curated to showcase the full color palette of the deposit’s stones. 

Breakfast at Tiffany’s will soon be offered not only to would-be Holly Golightlys in New York City, but also to their counterparts in Asia.

CEO Jim Duffy envisions a system that connects the whole market.

Alrosa will offer more than 200 polished colored diamonds at the Hong Kong Jewellery & Gem Fair in September.