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At the recent Dubai Diamond Conference panel on lab-grown diamonds, William Shor, managing partner of Caspian VC, one of the companies backing Diamond Foundry, made a startling suggestion.
Sales at Tiffany & Co. were flat at $1.01 billion in the third fiscal quarter as increases in mainland China compensated for weak spending in the US and Hong Kong.
Washington—A record number of shoppers flocked to sales from Thanksgiving through Cyber Monday this year and spent more than last year, according to a survey by the National Retail Federation and Prosper Insights & Analytics.
ALROSA Group announces diamond sales results for November and eleven months of 2019.
Analytics firm GemFind Digital Solutions recently released the latest edition of its semiannual “Diamond Click Trends” research report, which analyzes hundreds of online searches by diamond consumers.
The Diamond Producers Association has released three videos on Funny or Die to promote natural diamonds—and slam its lab-grown competitors.
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.