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What does the future of the luxury industry hold? From sales growth to the use of AI in customer relations, Bain & Company’s latest study “A thousand winds that blow” takes stock of the luxury market and its prospects. Here is an exclusive interview with Mathilde Haemmerlé, partner at Bain & Company’s luxury goods division.
Manufacturers, dealers and jewelers overbought during positive periods, ignoring the lessons of previous up-and-down cycles.
At the helm of a new era: The De Beers exec plans to make the World Diamond Council more accessible and heighten awareness of responsible-sourcing issues.
De Beers is putting the emphasis on natural diamonds in Q4 and ending Lightbox’s lab-grown diamond engagement ring test run.
Lightbox, De Beers’ lab-grown diamond brand, has called off its trial of engagement rings, citing a lack of business prospects.
French brand Fred, a unit of luxury group LVMH, has introduced a limited-edition collection featuring a mixture of natural and synthetic diamonds.
Ronald Winston admits he sometimes got emotional as he researched the life of his famed father for his new book, King of Diamonds: Harry Winston, the Definitive Biography of an American Icon.
On the anniversary of Queen Elizabeth’s death, a large gold and diamond coin has been made in her honor.
Recent years have seen the advent of lab-grown diamonds, previously confined to industrial use, on the jewelry market. The arrival of this new product category, wrongly equated with natural diamonds, has brought with it its share of preconceived ideas, myths and unfounded claims. The NDC (Natural Diamond Council) has decided to shed light on these […]
The moderately discreet launch of engagement rings on Lightbox’s website surprised many in the industry. De Beers’ lab-grown brand had focused on fashion jewelry since its 2018 inception. The miner’s line had always been that synthetics were for fun, affordable pieces and not for milestone events.
Following an often-bitter public squabble that both riveted and unnerved the diamond trade, De Beers and Botswana have reached an agreement in principle that includes a new 10-year sales deal and a 25-year renewal of the company’s diamond mining licenses when they expire in 2029.
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