The R&M “Lettre”

Luxury fashion house Gucci has made a move into high jewelry with the inauguration of its first boutique and a collection by creative director Alessandro Michele.

Much has been said about the relative merits of natural diamonds and laboratory-grown diamonds (LGDs) when it comes to their environmental impact. The DPA published in May a report produced by TRUCOST ESG Analysis, part of S&P Global, which quantified the annual socio-economic and environmental impact of the DPA members’ diamond mining activities

De Beers’ grading lab—formerly known by the unwieldy name, the International Institute of Diamond Grading & Research (IIDGR)—has been rechristened De Beers Group Industry Services, spokesman David Johnson tells JCK.

The Israel Diamond Exchange (IDE) has launched a new campaign to promote natural diamonds with a series of videos that will be posted to social media.

Today, e-tailer Net-a-Porter is launching EIP Privé, an invitation-only site that will offer high-end jewelry and watch brands.

The prevailing panic surrounding the rise of lab-grown diamonds is overshadowing the bigger challenge facing the diamond market: There is no profit in the trade.

A delegation from Jewelers of America (JA) has met with US lawmakers and congressional staff to discuss trade and tax concerns affecting its members. 

As the who’s who in the glitzy world of high-value diamond auctions gathered in Geneva in May, there was an understated tone to this year’s pilgrimage to the Swiss city.

Brent Eiseb, a 24-year veteran of the diamond industry who has risen through the ranks of the Namibia Diamond Trading Company (NDTC) who was recently appointed as its new Chief Executive Officer, gave an extensive interview to the Windhoek Observer

MarketWatch.com reported that “China is unlikely to surpass the U.S. in retail sales this year as previously expected thanks to the damaging effect of the current trade conflict between the two powers, but that milestone is likely to happen in 2021.“

It’s become clear: Consumers want firm guarantees that their diamonds are not associated with bad things. So do governments. And the industry is—perhaps belatedly—stepping up its efforts to offer that. Transparency and tracking have suddenly become “in.”

With the danger of boring some readers at first instance, it is necessary to dedicate yet one more memo to the five-day-long Kimberley Process Intersessional Meeting (KPI) that closed last week in Mumbai, India.