US retail sales rose in October as many consumers began holiday shopping early to avoid any shortages amid pandemic-driven supply chain disruptions that are dominating businesses and shoppers this holiday season, the…
De Beers Group’s latest Diamond Insight ‘Flash’ Report highlights that consumer attitudes towards provenance are changing as younger generations value ethics and sustainability assurances beyond simply knowing where a product originated. Based…
Wholesale LGD prices are dropping and likely to fall further due to various forces, such as increased production, a crowded market and sales difficulties, informs diamond analyst Edahn Golan. Since the first…
Jewellery sales in the US during Thanksgiving week (22nd Nov through 28th Nov) are expected to grow 39.7% compared with both 2020 and 2019, according to Mastercard SpendingPulse™, a market intelligence and…
Israel-based Sarine Technologies Ltd.’s revenues for Q3 2021 rose 64% year-on-year to $12.1 million and generated a net profit of $1.9 million versus a loss of $0.4 million last year. Sarine noted,…
Cut & Polished diamond exports grew by 31.11% to US$ 2560.27 million in October 2021 India’s gem and jewellery exports witnessed a 16% growth in October 2021 versus 2019, owing to strong…
The personal luxury goods industry has come roaring back, experiencing a V-shaped recovery in 2021, noted Bain & Company, a global consultancy. After a sharp contraction in 2020, the personal luxury goods…
Swiss luxury group Richemont said its jewellery Maisons, comprising Cartier, Van Cleef & Arpels, Buccellati and Giampiero Bodino, emerged stronger from the global economic crisis caused by the Covid-19 pandemic, achieving record…
The spring 2022 relaunch of the Baselworld show has been shelved as the organisers have opted for more time for the launch of the new concept. The show stated that this decision…
WDC President Edward Asscher struck a positive tone in a statement made at end of the Closing Session of the 2021 Kimberley Process (KP) Plenary on 12th November, noting that he was…