Miners’ year-over-year sales dip in October, November
Some question if the rough market is cooling off even as diamond jewelry sales to end consumers remain strong.
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Two marketing strategies and a big jackpot
In the industry discussions on the role and prospects of synthetic diamonds (SDs) and their advantages and disadvantages in comparison with natural diamonds (NDs), it is always emphasized that SDs comparable in characteristics are much cheaper (at least by 50%) than NDs.
Podcast: Behind De Beers’ strategy
The digital drive influencing the diamond industry is only going to intensify, stressed Neil Ventura, the company’s vice president of strategy and innovation, urging the trade to embrace these developments or risk being left behind.
Ekati owner sees underwater mining as site’s future
Arctic Canadian Diamond Company is working on technology that will enable it to begin underwater remote mining (URM) in an effort to extend the life of its Ekati deposit.
US Holiday jewelry sales predicted to rise 40%
After a roller coaster 2020, 2021 continued the upswing in jewelry sales to a degree few if any expected. Sales in October rose 37%, and we expect holiday jewelry sales to top that and close a fantastic year for the industry.
De Beers opens new flagship store in London
De Beers Jewellers, the diamond giant’s retail chain, has opened up a new flagship store at 45–50 Old Bond Street in London.
Guess which other jeweler brings the heat in ‘House of Gucci’?
You knew there were going to be piles of Bulgari in House of Gucci, the recently released film from Ridley Scott. And Lady Gaga (as Patrizia Reggiani, aka Signora Maurizio Gucci) is indeed draped in jewels from the famed Italian jewelry design house, all pulled from its heritage and high jewelry collections.
Survey: engaged couples want “highly personalized” ring experiences
Yellow gold, oval diamonds, alternative center stones: The 2021 Knot Jewelry & Engagement Study reveals new trends for jewelers and highlights how bridal sales may look into the next year and beyond.
Discovering ‘Diamonds’ published by Editions Assouline – Interview with Mina El Hadraoui from NDC France
What is there to say about diamonds today? How can we root them both in history and in modern times? How can we touch consumers’ hearts and find a different way to talk about diamonds? This is the challenge that the Natural Diamond Council and the publisher, Editions Assouline, have set themselves in the photographic […]
India: traders must join GJEPC to import rough
The Indian government will require all traders to become members of the Gem & Jewellery Export Promotion Council (GJEPC) if they wish to import and export rough diamonds under the Kimberley Process (KP).
Spending on jewelry: almost all spent more
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.
De Beers Group rough diamond sales for Cycle 9, 2021
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.