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Dear readers, As the summer break draws near, our Lettre tackles a wide range of subjects, which will give you food for thought, whether you read them before you go, while you’re travelling or when you return ;-)
Retail has shifted since the start of Covid-19, and the drive toward digital has become more pronounced. Some 90% of jewelry retailers now have online platforms, according to Bain & Company’s Global Diamond Industry 2021–22 report. “The pandemic rapidly accelerated e-commerce, even for independent US retailers,” it states.
India has increased the rate of goods and services tax (GST) on polished diamonds — a move that, perhaps surprisingly, has received a positive welcome from the industry.
The European Union should ban Russian diamonds in its next sanctions package, German nonprofit Transparency International said the [week of July 4] in an open letter to officials.
The US, UK, Canada and Japan have placed sanctions on the import of Russian gold in an effort to eliminate revenue used to fund President Vladimir Putin’s war on Ukraine.
Where is all the fresh talent hiding out? I’ll tell you this: On [July Tuesday 5 and Wednesday 6] about 30 jewelry designers that fit this description were all gathered under one roof at the Palais Vivienne in the heart of Paris. They were participating in a special trade show event known as the Precious Room by Muriel […]
The Natural Diamond Council (NDC) is facing a massive budget cut in 2023 unless the industry steps in to compensate for the loss of Alrosa’s financial contribution, CEO David Kellie told Rapaport News.
From June 16 to September 4, 2022, Chaumet and the City of Paris Museum of Fine Arts invite you to visit a rich, varied and surprising exhibition. All the forms of art from different periods have been selected to represent and celebrate the magnificence and diversity of flora. “Botanical – Observing Beauty” is an original […]
It’s impossible for me to objectively review Nothing Lasts Forever, the flashy new diamond documentary that will air this fall on Showtime. It’s full of people I know, conferences I’ve been to, and subjects I’ve spent decades writing about. There’s even a brief shot of me at one event, looking bored.
The polar bear insignia, which brands diamonds as being of Canadian origin, is making a comeback, say government officials of the Northwest Territories (NWT).
In what’s considered a sign of a “new generation” taking over Antwerp’s leadership, David Gotlib has been appointed the new president of Antwerp World Diamond Centre (AWDC).
Starting next year, the De Beers Forevermark brand will take over distribution of its loose diamonds and require that its gemstones be sold only in its bridal designs—a change some retailers and suppliers are not too happy with.