ALROSA presented the results of its global luxury and jewelry market research for 2018
Global sales of diamond jewelry grew by 4% in 2018 compared with last year and amounted to $85.9 billion.
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Moissanite coated with diamond film spotted by lab
A Russian gem lab recently spotted a rough synthetic moissanite coated with a thin diamond film
In a first, Tiffany will sell engagement rings online
The 2019 version of Holly Golightly now just has to chomp croissants by her computer.
Baselworld planning more price cuts in 2020
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.
“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker
Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division.
Tiffany provides glimpse into future store design
The brand’s innovative ‘style studio’ in London may be a preview of what to expect on Fifth Avenue.
Alrosa reports a profitable 2018, strengthens its presence in the US by making a deal with Tiffany’s
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 leads list of top Israeli exporters
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.
Diamond recycling could save the natural industry
Conventional wisdom says that an increased rate of diamond recycling results in downward diamond price pressure due to the theoretical increase in supply.
EPV: Rubel & Ménasché is once again accredited for the excellence of its know-how
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.
What makes a good synthetics detector?
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?
Less Chinese tourism means less luxury sales
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.