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In 2020, the average US household purchased $475 worth of jewelry, up 9.8% from 2019. The sharp rise in spending on jewelry was one of the most outstanding outcomes of what was otherwise a very miserable year.
Press release – De Beers Group [announced November 24] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the ninth sales cycle of 2021.
Baselworld will not take place this coming spring, as organizer MCH Group feels it needs “more time” to work out what exhibitors and buyers want.
The personal luxury-goods industry will bounce back in 2021 amid increased spending from the US and China on shoes, leather items and jewelry, according to Bain & Company.
The Kimberley Process [ended its virtual plenary the week of November 12], and it [looked like that would follow] an all-too-familiar pattern.
Alrosa plans to increase its rough-diamond output next year as new mining resources come onstream, enabling it to address the market’s supply shortages amid strong demand.
Rio Tinto has become the sole owner of Diavik Diamond Mine in Canada’s Northwest Territories, after the ownership transfer was approved by the Court of Queen’s Bench of Alberta.
Sales in both categories surpassed pre-pandemic levels in the first half.
Press release – Younger generations more interested in ethics and sustainability as the new status in luxury and are prepared to pay a premium for this.
Press release – ALROSA has confirmed its commitment to sustainability by improving its score in the S&P Global Corporate Sustainability Assessment 2021, one of the most renowned ratings for corporate sustainability worldwide. ALROSA improved its company score from 34 in 2020 to 44 in 2021, raising its percentile ranking from 43 percent in 2020 to […]
Press release – De Beers announces a new global campaign centred on commitments to ourselves, to one another and the wider world. It marks a fresh, purpose-led brand strategy and new chapter in the company’s 133 year long history.
ALROSA reports preliminary rough and polished sales results for October 2021.
