Diamond production value down in 2016
Global rough-diamond production fell by value for the second consecutive year as output declined in the two largest producer countries, according to data the Kimberley Process (KP) released Tuesday.
The R&M “Lettre”
Sign-up for La Lettre from R&M to get the essentials of current affairs in the diamond industry and privileged access to the articles published below
We keep your data private and only share it with third parties that make this service possible. Read our Confidentiality Policy for more information.
What consumers love—and hate—about brick-and-mortar shopping
Seventy-two percent of U.S. consumers said the ability to “touch, feel, and try” products is a main reason they still shop in brick-and-mortar stores, according to a new study by Mood Media.
GIA finds baffling flaw in CVD Diamond
The Gemological Institute of America (GIA) doesn’t usually declare itself stumped, but a recent discovery of a flaw in a synthetic diamond that’s almost always associated with natural stones left scientists scratching their heads.
The GIA’s forays into diamond tracking
What business does a gemological laboratory have telling stories about diamonds? That was the unspoken question Matt Crimmin had to answer in his presentations at JCK Las Vegas earlier this month.
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.
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.