Huge Budget Boost for India’s Diamond Industry
India's diamond industry welcomed a raft of measures announced in today's budget (23 July) which will encourage direct diamond sales from foreign mining companies and reduce tax on key raw materials.
Finance Minister Nirmala Sitharaman...
Richemont Jewellery Sales Rise Despite Overall Slowdown
Richemont, the Swiss luxury goods giant, reported resilient sales for the Q1 that ended 30th June. However, the overall growth was modest due to challenging comparisons from the prior year and a slowdown in...
De Beers Rough Production Down 15%
De Beers reported a 15 per cent drop in its global diamond production in Q2, as demand remained weak for yet another quarter.
The H1 figure (16.5m carats) is down 19 per cent on the...
Grande is the New Face of Swarovski
US pop icon Ariana Grande is the new brand ambassador for Swarovski , the Austria-based crystal and jewelry company.
Grande, aged 31, a Grammy-winning singer, songwriter, and actress, will star in the company's upcoming holiday...
Lab Grown Diamond is Tribute to Modi
A lab grown company in Surat, India, has created an 8-carat diamond, engraved with the face of prime minister Narendra Modi.
It's a tribute to the country's leader, who was re-elected last month. He has...
Lucapa Resumes Search for Lulo Kimberlites
Lucapa says it has resumed its search for the kimberlite sources of diamonds currently being recovered at its Lulo mine, in Angola.
The Australian miner says the exploration program is in full flow again after...
Pomellato Acquires High-Level Stone Setting Lab
Italian jeweller Pomellato, under the Kering group, has acquired an established stone setting laboratory in Valenza, a key jewellery manufacturing hub in Italy, for an undisclosed sum to enhance its manufacturing capabilities. Valenza Setting...
VO’CLOCK PRIVÉ: AN IMMERSIVE JOURNEY INTO CONTEMPORARY WATCHMAKING
From 6th to 8th September, in the foyer at Vicenza Expo Centre, Italian Exhibition Group’s free event open to the public
A complete experience for watch lovers in three exhibition areas: Manifatture (Manufacture,...
GJEPC Targets Key Bangladesh Retailers for IIJS Premiere 2024 Promotion
GJEPC has launched an extensive visitor promotion campaign for the upcoming IIJS Premiere 2024 in Bangladesh from 6th to 13th July. Mr. Kaushik Ghosh, Assistant Director Kolkata, GJEPC, is actively engaging with executive members...
LBMA & WGC Advocate for Reclassifying Gold as High-Quality Liquid Asset Under Basel III
Last week, delegates from the London Bullion Market Association (LBMA) including Paul Fisher, Ruth Crowell, David Gornall, and Edel Tully, joined Mike Oswin of the World Gold Council (WGC) in Basel for a meeting...
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De Beers and Endiama Uncover Promising New Kimberlite Field in Angola
De Beers, in collaboration with Angola’s national diamond company Endiama, has revealed a major geological breakthrough—the discovery of a new kimberlite field in northeastern...
Gemfields Divests Fabergé to SMG Capital in $50 Million Deal
Gemfields Group Limited has finalized a $50 million agreement to sell its prestigious luxury brand, Fabergé Limited, to U.S.-based investment firm SMG Capital LLC....
Titan’s Jewellery Business Shines with 19% Growth in Q1 FY26; International Arm Turns Profitable
Titan Company Limited's jewellery division kicked off FY26 on a strong note, reporting a 19% year-on-year increase in total income (excluding bullion and digi-gold)...
Thailand’s Ministry of Commerce to Host the 72nd Bangkok Gems & Jewelry Fair, A...
August, 2025 – The Department of International Trade Promotion (DITP), organizer of the Bangkok Gems and Jewelry Fair, and the Gem and Jewelry Institute...
Pre-Owned Rolex and Patek Philippe Watches Shine Amid Luxury Watch Market Slump
In a turbulent year for the global luxury watch industry, the second-hand market is proving a rare bright spot. Pre-owned Rolex and Patek Philippe...
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