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The secondhand market, which reached 26 billion euros ($28.8 billion) in 2019, is evidence of the evolving mentality of luxury goods buyers. That’s just one finding of the latest Bain & Company Luxury Study.
Sarine Technologies recorded its first quarterly profit this year amid solid demand for its Galaxy diamond-mapping equipment.
While Generation X may have small numbers compared to baby boomers or millennials, the former “latchkey kids” will likely be the biggest spenders this holiday, according to the 2019 Holiday Purchase Intentions Survey from the NPD Group.
New York—Every jewelry lover wants to learn the history behind the industry’s storied houses like Van Cleef, Bulgari and Cartier.
Diamond industry financing has considerably declined over the last couple of years. Generally, the industry views this as unfavorable; yet, this can be debated. What is not in debate is that right now the diamond industry’s debt level is at its lowest in well over a decade.
More than half of consumers have already started their holiday shopping, according to a survey by the National Retail Federation and Prosper Insights & Analytics.
The diamond industry has a complicated relationship with fluorescence.
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.