Young Chinese consumers buy more diamond jewelry
Shifting perceptions, changing relationship dynamics and e-commerce are the main factors contributing to this clear evolution among young Chinese consumers.
Angola sees increase in diamond turnover
Revenues of Angola’s national diamond trading company, Sodiam, rose 3.9% year-on-year in the second quarter, with the government recording a separate rise in prices.
Omega Diamonds acquitted in lawsuit by Belgian customs (article published in January 2017)
Claims against Omega Diamonds by customs dismissed
Trade war: jewellery is now an official part of it
President Donald Trump’s decision, in the context of the ongoing trade war with China, to impose 10% import duties on $300 billion of Chinese products on 1 September will mean additional costs for products used by U.S. jewellers.
Rough market | Let’s focus on auctions
De Beers’ half-yearly revenues highlighted the many challenges facing the diamond trade and the rough market. But in addition to the sharp declines suffered by the mining company, CEO Bruce Cleaver and chief financial officer Nimesh Patel were persevering in their reporting: This too will pass.
Sylvain Goldberg on the alpha and omega of the diamond industry
The Alpha and Omega of the diamond business history and some savvy expertise
Tiffany to Launch in India This Year
Tiffany & Co. will open its doors in India in an effort to capitalize on its already strong image and brand awareness in the country, the company said.
Pandora renews brand to boost demand
Pandora is about to unveil a complete overhaul of its branding, as it wants to get back in touch with consumers after disappointing sales figures.
Strong sales of Bvlgari and Hublot for LVMH
LVMH reported double-digit revenue growth in the first half of the year, partly due to the strong performance of the watch and jewellery division.
Jewelers of America (JA) elects a new president and new directors
Image: John Henne (left) and Holly Wesche (right). (Jewelers of America) Jewelers of America (JA) has elected Holly Wesche, a third-generation jeweller, to head the board of directors.