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The Lab Grown Diamond Council (LGDC) will create the first sustainability certification mark for synthetic diamonds to reassure consumers their stones have met rigorous environmental and social standards, the newly-established trade group said.
An overwhelming majority of Generation Z and millennial consumers feel an engagement ring should cost less than $2,500, according to a new study from TD Ameritrade on young Americans and marriage, conducted by the Harris Poll.
Diamond sales for both De Beers Group and Alrosa are lagging behind last year due to macroeconomic conditions and continuing issues with financing in India, the companies said.
Luxury titan Richemont reported double-digit sales growth in the US and China in its annual results, buoyed by a strong performance from the jewelry sector.
Global luxury powerhouse LVMH is one of the guiding forces behind Aura, a new blockchain platform that will let luxury brands, as well as the people who buy them, track their products from raw materials to point of sale, even if they are sold secondhand.
Forget the FTC or GIA. The new created-diamond battle may be over intellectual property.
The Gemological Institute of America (GIA) has discovered a synthetic layer that improved the weight and color of a natural diamond, and has warned that the phenomenon may be happening more often.
De Beers will increase production at Debmarine Namibia by 500,000 carats per year through the construction of a new diamond-recovery vessel, it said Thursday.
While in the past, jewelry products have, with few exceptions, not been subject to tariffs in President Trump’s rapidly escalating trade war with China, that may change.
Press release – US$415 Million (provisional).
LVMH and singer Rhianna are launching a new luxury brand, Fenty, a rare new maison from the luxury giant.
Here’s a question to ponder: How much does the average US household spend on jewelry and watches per year? Does this spending differ by age group and, if so, by how much? Knowing how much different demographic groups spend can be very valuable to a business.