Consumers could spend $4.6B on jewelry this Mother’s Day
Consumers are planning to spend as much as $4.6 billion on jewelry for Mother’s Day this year, according to the National Retail Federation.
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Tiffany’s element of surprise
There is some anticipation for the coming months at Tiffany & Co. A year after joining the company, its celebrated chief artistic officer Reed Krakoff is readying to launch his first new jewelry collection on the job.
Kering jewelry lines see strong first quarter
Kering reported buoyant jewelry-and-watch sales in the first quarter, driven by new collections and extensions of certain product lines.
Swiss watches see highest growth in six years
Robust demand for steel watches drove Swiss timepiece exports upward in March, closing off the industry’s strongest quarter of growth in six years.
Blue diamond sets new world record at Sotheby’s
An ultrarare 3.47 ct. fancy intense blue diamond ring sold for $6.7 million at Sotheby’s latest Magnificent Jewels in New York City on April 19.
De Beers’ ASM Diamond initiative critical step for industry
By far the most important announcement this week was that of the De Beers Group that it is preparing to pilot a program called GemFair
Net-a-Porter selling 40 brands on new jewelry site Yoox
Yoox Net-a-Porter, the high-end e-tailer, has opened a new section of its site that is dedicated to fine jewelry and watches. It will feature more than 40 brands, including Piaget, Cartier, Pomellato, Tiffany & Co. and Buccellati.
De Beers rough diamond sales for cycle 3, 2018
Press release – Bruce Cleaver, CEO, De Beers Group, said: “While the second quarter of the year is traditionally a seasonally slower period, we continued to see good rough diamond demand in the third sales cycle of 2018
Lab finds 3ct. synthetic diamond with fake report
A grading laboratory in China has discovered a synthetic diamond masquerading as a natural stone, complete with a forged inscription and a falsified report.
How Compliance became the ‘fifth C’ in diamonds
The diamond industry has for decades, done business with a truly international pipeline — diamonds are mined in some continents
What is a hackathon, and why is Antwerp holding one?
According to Antwerp World Diamond Centre spokeswoman Karen Rentmeesters, the standard hackathon is a “gathering of nerds” who spend three days locked in a room working on computer code, fueled by fast food and energy drinks.
472-carat diamond found in Botswana
Lucara Diamond Corp. announced Thursday that the Karowe diamond mine in Botswana has yielded another big stone, this one weighing 472 carats.