Is the gray market slowing down?
The main complaint about “gray market” watches—new watches sold by unauthorized dealers—is that they make it harder for authorized dealers to turn a profit on luxury watches.
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Previously unknown blue diamond to be auctioned
The Farnese Blue, a 6.16 ct. blue pear-shaped diamond that was owned by some of Europe’s most prominent families and the existence of which was unknown until recently, will appear on the market for the first time at the May 16 Sotheby’s auction in Geneva, the auction house announced today.
Forevermark targets key european markets
Forevermark is making a play for the European market, after achieving significant retail growth last year.
ALROSA introduced a commercial detector to check diamonds for genuineness
ALROSA Group, the world’s top diamond producer, demonstrated the first domestically-made commercial device that permits to identify diamonds of natural and synthetic origin – ALROSA Diamond Inspector.
Ten innovations which changed the diamond industry
The Mining sector has always been a source of innovation, striving to better safety and efficiency and deal earnestly with environmental concerns. Among the many steps taken by mining companies across the globe, some of them have made radical changes to the sector. Here are a few …
ALROSA introduces new version of ALROSA ALLIANCE Guidelines
Press Release – ALROSA has approved the updated version of ALROSA ALLIANCE Guidelines on Responsible Business Practices developed to enhance confidence between the Company and its clients – ALROSA ALLIANCE members
Tiffany sales rise as US, China recover
Tiffany’s sales rose 9% to $1.33 billion in the fourth fiscal quarter, as Asian and US demand strengthened.
DRC: 3% of artisanal diamond diggers are women
Diamonds and gold are mined in some of the most remote areas of the world, some of which are completely off the radar.
Tiffany to close Antwerp polishing facility
Tiffany & Co.’s manufacturing unit, Laurelton Diamonds, plans to shut its polishing center in Antwerp, shifting the operations to its other workshops in Botswana, Cambodia, Mauritius and Vietnam.
GIA to demonstrate iD100 gem testing device at Baselworld Show
The GIA will offer demonstrations of the GIA iD100TM gem testing device that distinguishes natural diamonds from synthetics and diamond stimulants at the Baselworld show in Switzerland from March 22-27.
Diamond producers can’t rest on their laurels in the face of synthetics threat
In January 2017 I asked the then De Beers head of media relations Lynette Gould whether natural diamond producers were worried that they might lose some market share to lab-grown stones.
Élodie Daguzan becomes Goodwill Ambassador for DDI
Press release – The Diamond Development Initiative (DDI) is pleased to announce the appointment of Élodie Daguzan as its first Goodwill Ambassador.