The R&M “Lettre”

Press release – Building Community Near and Far. Borsheims Fine Jewelry is the latest company to share their positive social impact stories through the Diamond Empowerment Fund’s Diamonds Do Good initiative.

India’s diamond industry is working to produce guidelines for banks to reduce their risks when lending to the trade.

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. 

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 reported buoyant jewelry-and-watch sales in the first quarter, driven by new collections and extensions of certain product lines. 

Robust demand for steel watches drove Swiss timepiece exports upward in March, closing off the industry’s strongest quarter of growth in six years.

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.

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

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.

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

A grading laboratory in China has discovered a synthetic diamond masquerading as a natural stone, complete with a forged inscription and a falsified report.

 The diamond industry has for decades, done business with a truly international pipeline — diamonds are mined in some continents