ALROSA’s sales of rough and polished diamonds reach $264.4 million in October 2019
Press release – ALROSA Group announces diamond sales results for October and nine months of 2019.
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The average amount spent on an engagement ring is …
Couples are spending about 7 to 9 percent less on their engagement rings than they did two years ago, data collected from multiple sources shows.
Labs identify fingerprint for Argyle pinks
Two gem labs have joined forces to identify a method for determining whether a pink diamond came from the Argyle mine in Australia, and are issuing lab reports confirming their provenance.
Yellow prices fall in third quarter
Prices of yellow diamonds decreased in the third quarter, driving down the overall fancy- color index even while pinks and blues remained steady, the Fancy Color Research Foundation (FCRF) said.
Couples Prefer Customization over Size
Couples are prioritizing personalization and overall cost and quality rather than size when buying engagement rings, according to a survey by wedding-planning resource The Knot.
Diamond manufacturers must brace for automation
Imagine the following: A diamond-mining company operating with self-driving trucks loads its haul of ore to the processing plant, where rough diamonds are separated from waste and arranged in their rough forms into different sizes before being sent for further aggregation.
De Beers outlines vision for new diamond market
At a forum in New York City Monday the 28th of October, De Beers executives spelled out their vision for the diamond industry of the future, one that is more responsive to changing societal mores and consumer desires.
Deloitte predicts uplift in Holiday sales
US retail sales are forecast to increase by up to 5% this holiday season, while e-commerce spending could jump by 18%, Deloitte said Tuesday the 22th of October.
Kering notes strong jewelry sales
Kering, the owner of high-fashion houses Gucci and Yves Saint Laurent, reported robust sales in its jewelry and watch divisions in the third quarter amid growth in China and the introduction of new collections.
ALROSA uncovers 230-ct diamond, the largest in recent years
Press release – A unique rough diamond weighing over 230 carats was unearthed at Udacnhaya kimberlite pipe on October 19. This is the largest gem-quality specimen found by ALROSA in more than three years.
Is there a resale market for lab-grown diamonds?
Last week, at the urging of a commenter, I looked into Kay’s and Jared’s policy for lab-grown diamond upgrades and trade-ins, now that both of those chains are selling them. Suffice it to say, it’s not the same as for naturals.
See what’s inside Tiffany’s luxury holiday gift guide
Tiffany & Co. just came out with its first holiday catalog featuring one-of-a-kind gifts and experiences.