LVMH Jewellery & Watch Revenues Soar 18% To €10.58 Billion In 2022
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, reported jewellery and watch revenue growth of 18% to €10.58 billion in 2022, in comparison with 2021. The division’s profit from recurring operations...
Lucara Boss Urges EU to Sanction Russian Diamonds
Eira Thomas, chief executive of Canada-based Lucara Diamonds, says Russian diamonds "should be sanctioned".
She told the Financial Times (FT) that, in her personal view, the EU should outlaw its gems when its 27 member...
Suzy Levian Reveals the Story Behind the Secret Diamond
From a 500-year-old legacy of jewelers, Suzy Levian is the first woman in the family to start her own business.
New York, NY. January 17, 2023. The jewelry industry is known for its multi-generational ties,...
Jwaneng is World’s Richest Diamond Mine
The world's richest diamond mine for the first three quarters of 2022 was Jwaneng, in Botswana, with 10.3m carats.
Orapa, also in Botswana, was second-placed with 8.0m carats, according to newly-published figures from miningintelligence.com.
Both mines...
Princess Diana Cross to be Sold by Sotheby’s London
An amethyst and diamond pendant famously worn by the late Princess Diana, is expected to fetch up to $145,000 when it is auctioned by Sotheby's London later this month.
The Fleurée cross, circa 1920, set...
De Beers Rough Sales Climb 22% To $410 Million At 10th Sight
De Beers posted a 22% year-on-year jump in rough diamond sales to $410 million, at its 10th sight, which included global sightholder sales and auctions. Sales were 9.6% below the preceding 9th Sight of...
42 Diamonds, One for Each Time Rapper Didn’t Propose
Canadian rapper Drake commissioned a one-off necklace featuring 42 diamonds - one for each time he considered proposing marriage, but didn't.
Previous Engagements was crafted by celebrity jeweler Alex Moss over 14 months, using 351.38...
Engagement Ring Options: Lab-Grown Diamonds VS. Real Diamonds
Buying an engagement ring gives you multiple options. Of course, every couple will look for a high-quality diamond ring as a symbol of love and commitment. So-called lab-created diamonds are getting so popular in...
Diamond Looks Without Diamond Prices Debut, in the New Suzy Levian Diamondesque Collection
Diamondesque brings classic diamond jewelry styles to every woman.
New York, NY. December 12, 2022. Mother of six, business owner, and creative powerhouse, Suzy Levian celebrates and embodies female empowerment. Her collection merges classic fine jewelry...
303-ct Golden Canary Sells for $12.4m but Misses High Estimate
The world's largest internally flawless diamond, a 303.1-carat fancy deep brownish-yellow stone, sold yesterday for $12.4m at at Sotheby's New York.
It became the third most valuable yellow diamond ever sold at auction, but fell...
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Weekend of Watch Sales Brings in $108m
The big three auction houses - Phillips, Sotheby's, and Christie's - sold watches for a combined total of $108m in a single weekend, dispelling...