Chow Tai Fook is coming to America
The Asian jewelry powerhouse is opening a branded shop at a New York City Macy’s.
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The Asian jewelry powerhouse is opening a branded shop at a New York City Macy’s.
Dubai, United Arab Emirates–Following the Kimberley Process plenary meeting in Dubai, the KP chair nation touted the passage of two “historic” proposals, which would be a huge step for a process that’s perennially unable to move forward on substantive issues.
Basel, Switzerland–The Swiss Gemological Institute said it has become the first grading laboratory in the world to introduce the “ground-breaking” GemTOF instrument in its facility.
The retailer says its Fifth Avenue flagship is “open for business,” but analysts fear a drop-off in traffic.
The further strengthening of the Kimberley Process Certification Scheme and the introduction of new working methods and new ways of organizing processes, were crucial at this year’s KP Plenary Meeting in Dubai, the World Diamond Council (WDC) said in a statement.
New York–An 8.01-carat fancy vivid blue diamond, dubbed “The Sky Blue Diamond” to emphasize its rare hue, sold for $17.1 million, or $2.1 million per carat, Wednesday.
If there has been one exceptionally clear trend during the US Presidential campaigns of 2008, 2012 and 2016, it is that the population of the world’s biggest diamond and jewelry market has changed and is continuing to do so rapidly.
PJSC ALROSA, the world leader in diamond mining, has announced rough and polished diamond sales results for October 2016.
Long-term outlook bleak for domestic gold and diamond jewelry market.
It seemed pretty clear to me as I put fingers to keyboard this morning that this week’s Memo should probably talk about the impact of the forthcoming Trump presidency on the world’s biggest economy and largest diamond jewelry market.
The Five-Minute Interview: Kent Wong. Chow Tai Fook continues to endure declining sales as a slowdown in China, especially in Hong Kong, shows little sign of abating.
The Fancy Color Research Foundation (FCRF) reports that fancy color diamond prices continued to climb moderately during Q3 2016, at a rate similar to the previous quarter.