De Beers Jewellery diamond wedding rings, to be collected without moderation
Far be it from us to suggest that you get married several times! But the beautiful wedding rings from the De Beers Jewellery collection would be worth the trouble…
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De Beers Production Down 6% in Q2; H1 Rough Sales Down 26%
Anglo American plc today (Thursday) announced that De Beers’ diamond production dropped by 6 percent to 8 million carats during the second quarter, ended June 30. Results for the first six months of the year also showed a decline of 3 percent, from 16 million carats in 2014 to 15.6 million carats in the first […]
Not any color you like
Earlier this summer, World Federation of Diamond Bourses President Ernie Blom announced that his organization, along with the World Jewellery Confederation (CIBJO) and the International Diamond Manufacturers Association, had drafted and signed a new policy on an issue that’s top-of-mind for retailers today: diamond color grading.
Amfitheatrof reinterprets three Tiffany & Co. collections for fall
Tiffany & Co.’s design director, Francesca Amfitheatrof, reinterpreted three signature collections for the fall 2015: Tiffany Victoria, Tiffany Bow and Tiffany Infinity.
ALROSA’s 1H rough diamond sales drop 22%: quick take
2Q operations update. ALROSA sold 18 million carats of rough diamonds for $2.1 billion in the first half of 2015, representing a significant decline from a year earlier.
No hard times for good ideas
Of course, you cannot believe everything you read in the papers, and what you see on television is just as likely to be based on myth as reality, which is why I probably shouldn’t recommend that people turn to the British TV series Mr. Selfridge for retailing tips…but I am going to anyway.
De Beers sightholders reject most goods at $200M sight
The De Beers July sight closed with an estimated value of $200 million with the amount of goods left on the table estimated to have exceeded 65 percent of the initial sight value. De Beers reportedly kept overall diamond prices and assortment quality stable.
Diamond hallmarking seeks to make its mark
Hallmarking, long used in precious metals, is being promoted as a means to differentiate diamond production as plans for industry-wide chain of custody standards are on hold.
Tackling debts & fears in today’s diamond market
The closure of an Indian manufacturer and the large debts it left behind is probably the most important news of this week, followed by the trade show in Hong Kong.
HRD Antwerp identifies ‘natural’ shaped lab-grown diamonds
HRD Antwerp has added a report to its website about its discovery of (near-) colorless lab-grown diamonds featuring octahedral and other “natural” shapes.
Kering names Poulit-Duquesne as Boucheron’s CEO
The Kering Group appointed Hélène Poulit-Duquesne as the CEO of Boucheron, with an effective date of September 28. She will report to Albert Bensoussan, the CEO of Kering’s luxury, watches and jewelry division.
Sightholders can defer 25% of De Beers July supply
De Beers will allow sightholders to defer as much as 25 percent of their supply at next week’s sight as rough diamond sales continue to slide.