LVMH teams with singer Rihanna for new luxury line
LVMH and singer Rhianna are launching a new luxury brand, Fenty, a rare new maison from the luxury giant.
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So how much do we spend on jewelry and watches?
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.
DDI ready to expand Maendeleo Diamond Standards
The Diamond Development Initiative has officially launched the Maendeleo Diamond Standards, the certification system for diamonds sourced from artisanal and small-scale mining operations that DDI has been testing since 2012.
Petra sells 425ct. diamond for $15M
Petra Diamonds sold a 425-carat white diamond from its Cullinan mine in South Africa for just under $15 million, it said Tuesday the 14th of Mai.
The global diamond mining industry in 2018
The dynamics of the diamond production in 2014-2018.
ALROSA’s April sales of rough and polished diamonds reached almost $319 million
Press release – ALROSA, the world’s largest diamond miner, announces diamond sales for April and four months of 2019.
Colored diamond prices fail to excite in first quarter
The Fancy Color Research Foundation (FCRF) concluded today the results of the Fancy Color Diamond Index’ first quarter of 2019.
Starting from 2022 synthetic diamonds are to be marked with special codes
Russia’s ministry of finance. To prevent the penetration of synthetic stones into the market of natural diamonds, the natural stones industry needs to support initiatives to classify synthetic diamond products for customs clearance under separate product codes.
De Beers scaling up Tracr ahead of formal launch
De Beers tracked 100 high-value diamonds along the value chain during the pilot of Tracr™, its industry blockchain platform, for the first time in May last year.
Argyle more profitable than ever
The Australian Financial Review reported that according to filings with the Australian Securities and Exchange Commission (ASIC), that profits generated in 2018 by Rio Tinto’s diamond mine Argyle rose to their highest levels in a decade.
Do the 4Cs still make the grade?
Renée Newman, author of a guide for the diamond trade, proposes a fifth C and two Ts.
Diamond prices soften despite US stability
Polished-diamond prices declined in April due to continued oversupply and selective Far East demand. US jewelry sales remain firm, helping to support the global trade.