World Diamond Council President resigns
Andrey Polyakov, a member of the international diamond community who was a high-ranking executive at Alrosa and the current president of the World Diamond Council, has vacated both posts.
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ABN AMRO Report: diamond market recovery grinds to a halt
A clear improvement in the diamond trade at the end of last year has petered out since the start of 2017 due to disappointing US economic growth and consumer spending in Q1 which has weighed on end-demand
Israel’s Dvash and Schnitzer hold meeting in Moscow with ALROSA head Ivanov
Israel Diamond Exchange (IDE) President Yoram Dvash and Chairman of the Israel Diamond Institute (IDI) Shmuel Schnitzer have held a meeting with Sergey Ivanov, President of ALROSA.
Report: Luxury continues to underperform in the US
The luxury market is expected to get back to growth this year as Chinese spending and consumer confidence in Europe return.
De Beers Group to consider investments in start-ups
The De Beers Group has announced the creation of De Beers Ventures to actively consider the acquisition of minority equity stakes in start-ups and growth companies.
Surprise! More than half of millennials shop in stores
The annual Millennial Shopping Report, authored by retail think tank CouponFollow, was published online this week, offering scads of new data on how millennials, the largest generation in human history (at over 80 million strong), are shopping.
Swiss watches show signs of recovery
Swiss watch exports jumped in May amid stronger demand from China and Hong Kong, the Federation of the Swiss Watch Industry reported Thursday.
Cartier releases new ‘The Proposal’ films
Cartier has followed up on its acclaimed “The Proposal” commercials by publishing two new videos on social media this week.
GIA to demonstrate GIA iD100™ gem testing device at June Hong Kong Fair
The GIA will demonstrate and take pre-orders for its new iD100™ testing device at the June 22-25 Hong Kong Jewellery & Gem Fair following what it said was a successful debut of the instrument at the JCK Las Vegas show in early June.
De Beers rough diamond sales for Cycle 5, 2017
De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the fifth sales cycle of 2017.
World’s largest diamond ship sets sail in Namibia
De Beers launched the world’s largest diamond-exploration ship on Thursday, as it looks to Namibian waters to maintain production levels.
5 takeaways from Las Vegas
The Las Vegas jewelry show season injected some confidence back into the diamond trade, despite a drop in attendance. Beyond the trading prospects for buyers and suppliers, last week’s shows provided a snapshot of the diamond and jewelry market.