Alrosa Maintains Zero-Buyout for Seventh Month
Alrosa says it is maintaining a zero-buyout obligation at its current training period, despite the recovery in midstream demand.
The Russian state-owned miner sold $521m of rough and polished in December - the highest figure...
Natural Diamonds: An “Intruder” in the Laboratory-Grown Supply Chain
Debbie Azar, President and Co-founder of Gemological Science International (GSI):
Last May, I wrote a Memo about the need for full disclosure on grading reports issues by gemological laboratories when it comes to post-growth treatments...
NRF Pushes for Early Vaccination for Retail Workers
The National Retail Federation (NRF) is calling on the Centers for Disease Control and Prevention to include the nation’s 32 million retail workers in its second round of vaccinations—known as the 1b phase—which has...
Lark & Berry introduces new flexible payment option with Klarna partnership
Designer fine jewellery brand Lark & Berry has now entered into a partnership with Swedish bank Klarna.
This means that Lark & Berry now offers its customers a new, flexible payment option when buying online.
Lark...
Manchester jeweller sees 250% YoY sales spike over Christmas shopping period
Second-hand jewellery and watch retailer William May, the e-commerce site of Mays Pawnbrokers & Jewellers in Manchester, has reported a huge increase in Christmas sales in 2020.
Compared to 2019, the online retailer reported a...
ALROSA earns $7.4 mln at auction in Dubai
In December 2020, ALROSA held an auction for special size rough diamonds (weighing over 10.8 carats). The overall revenue amounted to $7.4 million.
The company sold 138 rough diamonds with the total weight of 2,100...
No New Burden Of Compliance On G&J Industry Under PMLA Rohan Shah
There are some clarifications which have come from the government and discuss this matter in detail especially in connection with what the recent notification means for G & J industry -- Rohan Shah joined...
Decoding The Allure Of The Big Three
IIJS Virtual 2.0 Powered by GIA is presenting an exclusive series of theme based Interactive Knowledge Sessions from 8th-12th January, 2021. The first seminar was on THE BIG THREE, an educative session on Ruby,...
LVMH completes Tiffany & Co acquisition and shakes up key leadership team
LVMH Moët Hennessy Louis Vuitton SE has completed its acquisition of American jewellery brand Tiffany & Co after a fraught and drawn out negotiation period that even involved the pair taking each other to...
Tiffany Achieves Record High Holiday Sales
New York-based luxury jeweller Tiffany & Co. said its Holiday Season preliminary sales, for the period from 1st November through 31st December, 2020, were at an all-time high.
Tiffany’s sales increased approximately 2% as compared...
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