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Jewelry Drives Richemont's $6.1bn Revenue in Q3

Jewelry Drives Richemont’s $6.1bn Revenue in Q3

Richemont saw revenue from Buccellati, Cartier, Van Cleef & Arpels and its other jewelry brands climb 12 per cent to $4.3bn (at constant exchange rates) during the last three months of 2023. Specialist watchmakers sales...
India: Polished Exports Slide, Rough Imports Soar

India: Polished Exports Slide, Rough Imports Soar

India's exports of polished diamonds slid again during December, but rough imports soared, as expected, after the two-month voluntary ban. Foreign sales during the month fell almost 22 per cent to just $862m compared to...
De Beers & Signet CEOs Meet In Botswana

De Beers & Signet CEOs Meet In Botswana

Al Cook, CEO of De Beers Group and Gina Drosos, CEO of Signet Jewelers came together in Botswana this week to meet with their local teams in Botswana and discuss future collaboration opportunities to...
Christmas and Lab Growns Push Pandora's Revenue to $1.58bn

Christmas and Lab Growns Push Pandora’s Revenue to $1.58bn

Pandora reported a Q4 surge in revenue, with strong Black Friday and Christmas performances, and a near doubling of its lab grown sales. The Danish jeweler best known for its charm bracelets reported a 12...
Kin & Pebble Adds Stainless Steel Option To Their Petites Line

Kin & Pebble Adds Stainless Steel Option To Their Petites Line

Kin & Pebble is excited to announce the expansion of the petite charm jewelry line to include the metal choice of stainless steel. The addition of stainless steel allows customers to have a lower...
IDEX Price Report for 1 January: Rounds Show Signs of Recovery

IDEX Price Report for 1 January: Rounds Show Signs of Recovery

Rounds showed further signs of a recovery during December, although fancies fared less well. There is a general sense that prices are bottoming out after almost two years of relentless decline and that the...
Signet Jewelers

Signet Boss Heralds Wedding Recovery

There are encouraging signs that more US couples plan to wed, says Signet, the jewelry giant that says bridal accounts for half its total revenue. The number of marriages has been in steady decline for...
Surat Diamond Bourse

SNZ to Open at New Surat Bourse

A Special Notified Zone (SNZ) - designed to ease rough imports from big miners - is to be launched at the newly-opened Surat Diamond Bourse (SDB). The Gems and Jewellery Export Promotion Council (GJEPC), representing...
Hon’ble PM Shri Narendra Modi Unveils Surat Diamond Bourse

Hon’ble PM Shri Narendra Modi Unveils Surat Diamond Bourse

India’s Prime Minister Shri Narendra Modi inaugurated the Surat Diamond Bourse (SDB) on 17th December, marking a new milestone for Surat's prominence in the global diamond and jewellery trade. The SDB, spread over 35.5 acres...
India's Rough Ban: Imports Down Almost 70% in November

India’s Rough Ban: Imports Down Almost 70% in November

India's voluntary two-month ban on rough purchases saw a dramatic reduction in imports during November, down 69 per cent from $1.02bn in October to $314m, according to new figures from the GJEPC (Gem and...

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GJEPC Outreach Program Pushes Industry Towards AEO Status

GJEPC Outreach Program Pushes Industry Towards AEO Status

GJEPC recently conducted a highly informative Outreach Program focused on obtaining Authorized Economic Operator (AEO) status towards enhancing international trade operations, strengthening supply chain...
GIA’s 7th Annual Jewelry Design Competition Celebrates Emerging Talent

GIA’s 7th Annual Jewelry Design Competition Celebrates Emerging Talent

The Gemological Institute of America (GIA) recently awarded the seventh Gianmaria Buccellati Foundation Award for Excellence in Jewelry Design. The award, created with the...
Grizzly Sells Giant 4,145-ct Emerald

Grizzly Sells Giant 4,145-ct Emerald

Grizzly Mining has reported "strong sales" from its latest auction of rough emeralds in Dubai, which included an exceptional 4,145-carat gemstones that sold for...
Okavango Joins Natural Diamond Council

Okavango Joins Natural Diamond Council

Okavango, Botswana's government-owned rough diamond marketing company, has joined the Natural Diamond Council (NDC). It is the first non-mining diamond company to be admitted as...
Signet Reports Q4 Sales Down 6%

Signet Reports Q4 Sales Down 6%

Signet suffered a 6.3 per cent fall in net sales for Q4 and a 9.6 per cent drop in same store sales. The world's largest...
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