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Baselworld lowered prices for some exhibitors this year and plans to retool its entire pricing structure for 2020, Managing Director Michel Loris-Melikoff said at the event’s opening press conference Wednesday the 20th in the evening in Switzerland.
Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division.
The brand’s innovative ‘style studio’ in London may be a preview of what to expect on Fifth Avenue.
Alrosa reported last week that net profit had risen with some 15 percent to reach $1.4 billion in 2018. The announcement followed earlier reports that the company’s sales volume had dropped with eight percent compared to 2017.
MID House of Diamonds was the premier Israeli polished-diamond exporter for the fourth year running, according to a list the nation’s Ministry of Economy and Industry published recently.
Conventional wisdom says that an increased rate of diamond recycling results in downward diamond price pressure due to the theoretical increase in supply.
Good news for the Parisian diamantaire Rubel & Ménasché: the company has been attributed the French Living Heritage Company (EPV) label for the second time. This distinction, awarded by the French state, honors the workshop cutters’ technical mastery of traditional know-how, as well as the excellence and innovation of the associated industrial processes.
The massive project by the Diamond Producers Association (DPA) to test 18 lab-grown detectors has raised an important question: What should you look for in such a machine?
The luxury sector in the West is worried about the Chinese. The steady flow Chinese tourist to Europe, Japan and other western destinations is drying up and fears are, it will die down to a trickle.
Alrosa has begun accepting payments in euros, as it continues to test the waters with currencies other than dollars.
In 2006, when Gemological Institute of America (GIA) chairman Ralph Destino announced that its grading lab would issue reports for lab-grown diamonds, it caused a huge uproar and fear in the traditional diamond market. But it shouldn’t have.
HRD Antwerp is now grading lab-grown diamonds using the same color and clarity scales it applies to natural stones, the laboratory confirmed to National Jeweler.