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A storied past and popularity as a brand might be the first things that would attract a potential suitor to Tiffany & Co. But LVMH has identified another key attribute that made the US jeweler a valuable target: its ability to source its own diamonds and track its supply chain.
From natural diamonds to one-of-a-kind objects and brands, consumer demand for ‘authenticity’ is more than a trend.
The World Jewellery Confederation (CIBJO) has voted to establish a lab-grown diamond committee that will determine rules for the synthetics sector.
Petra Diamonds Ltd. found a buyer for the 20.08-carat blue diamond it unearthed in South Africa earlier this fall.
Swiss watch exports rose in October as increased orders from the US, China and Japan outweighed a significant drop in Hong Kong.
New Delhi, India, press release – Despite progress made with capacity-building programs for the artisanal mining sector and KP’s approach to Central African Republic exports, the WDC will continue to advocate for the strengthening of the scope of the Kimberley Process
In a jam-packed program, the Dubai Diamond Conference set the stage well for its main bout: finally, a match-up between the lab-grown and mined diamond producers.
The World Gold Council just released the results of what it believes to be the largest piece of consumer research ever conducted on gold.
Press release – US$390 million (provisional).
De Beers has restated its estimation of global diamond-jewelry sales following a new study valuing the diamond content in jewelry purchases since the 2008 recession.
Richemont missed the mark in the first-half but its jewelry sales remained strong, with Van Cleef and Cartier leading the charge alongside the luxury titan’s e-commerce sites.
You know about intelligence quotient (IQ), you know about emotional quotient (EQ), but one term we might want to start paying attention to is Brand Intimacy Quotient (BIQ?). And that’s because this is a metric in which the luxury industry – from cars to handbags to jewelry – is scoring badly.