Industry

India is on track to become a global consumer powerhouse, outpacing major economies in the coming years, according to a new report from Angel One. The country’s consumption sector, which currently makes up 56%...

A subsidiary of luxury brand Tiffany & Co., Laurelton Diamonds, is set to lay off 26 employees at its Antwerp operations as the company grapples with a continued downturn in demand for diamonds. Founded in...

Stephen Barnes, who has served as president of the Independent Jewelers Organization (IJO) since August 2023, has officially taken over ownership of the Southport, Conn.-based group. Barnes succeeds Jeff Roberts, who has owned IJO since...

GJEPC held discussions with key international industry leaders in Hong Kong to explore collaboration opportunities and promote India’s gem and jewellery sector. During the meetings, GJEPC representatives engaged with Ms. Dana, CMO of the...

The Responsible Jewellery Council (RJC) has unveiled its highly anticipated Laboratory Grown Materials Standard (LGMS), a comprehensive framework designed to enhance transparency, sustainability, and ethical business practices within the lab-grown diamond and gemstone sector....

Pandora is once again redefining its identity with a star-studded continuation of its Be Love campaign. Originally launched in 2024, the campaign marked a strategic shift for the Danish jewellery giant, expanding its image...

Sotheby’s has successfully concluded its inaugural auction in Saudi Arabia, marking a significant milestone for the region’s burgeoning art and luxury market. Held in the historic city of Diriyah on February 8, the highly...

Kalyan Jewellers has introduced a transformative Corporate Social Responsibility (CSR) initiative, “Crafting Futures,” aimed at uplifting jewellery artisans and preserving traditional craftsmanship. With an initial investment of ₹3 crore, the company is committed to...

Botswana and De Beers have officially signed a long-awaited diamond sales agreement, months after the initial deadline for renewal in June 2023. Botswana’s newly elected president, Duma Boko, confirmed that the deal was finalized on...

Susan M. Jacques, the dynamic leader at the helm of the Gemological Institute of America (GIA) since 2014, has announced her retirement, effective at the end of 2025. Jacques leaves behind an indelible legacy...