WFDB

WFDB Responds to Revised Federal Trade Commission Guidelines

Insufficient diamond industry input, says WFDB President Ernie Blom. Antwerp, Belgium – July,2018: The World Federation of Diamond Bourses (WFDB) has responded to the revised U.S. Federal Trade Commission's (FTC) guidelines released this week as...
john_lewis_img

John Lewis profits plummet by more than 50%

John Lewis Partnership profits have fallen by more than 50% in the half year ended 29 July 2017. The company’s interim results show pre-tax profit fell 53% in the first six months of the year,...
Swiss Watch Exports up 14% to $2.56bn in May

Swiss Watch Exports up 14% to $2.56bn in May

Swiss watch exports surged during May, up 14.4 per cent year-on-year to $2.56bn, driven in part by a huge increase in Chinese sales. That follows a more modest increase in April of 6.8 per cent,...
Diamond trading platform signs over 150 retailers in first three months of trading

Diamond trading platform signs over 150 retailers in first three months of trading

Digital diamond trading platform, Diamnet, has successfully attracted over 150 members since its launch in August 2018. Diamnet provides retailers with a live diamond list made up of stones from leading dealers and cutters in...
Lab-Grown Diamond Damage Differs from Mined Stones

Lab-Grown Diamond Damage Differs from Mined Stones

Jewelers Mutual has donated seven lab-grown diamonds to the Diamond Durability Laboratory (DDL). The donation is part of a year-long collaboration between the two entities to better understand damaged diamonds - both...
Alrosa

ALROSA to allocate 100% of free cash flow for H1 dividends

The Extraordinary General Meeting of Shareholders of PJSC ALROSA held on 30 September 2019 decided to pay dividends for the first half of 2019 in the amount of 28.3 billion rubles or 3.84 rubles...
Antwerp

Antwerp diamonds shine again thanks to US Jewelry sales

Antwerp, February 8, 2022 - The Antwerp World Diamond Centre (AWDC), the official representative of the Antwerp diamond industry, can close 2021 as the year of the comeback. With $37.23 billion in imports and...

Hari Krishna Exports Distributes Mega Diwali Bonus, Gifts Cars and Flats to Employees

Leading diamond manufacturer- exporter Hari Krishna Exports has once again distributed a mega Diwali bonus to its employees with Savjibhai Dholakia, the head of the Group, giving 1,260 cars, 400 flats and pieces of...
De Beers Names Date for New CEO

De Beers Names Date for New CEO

De Beers says new CEO Al Cook will formally take over from Bruce Cleaver on 20 February. It announced last October that Cleaver, who has been at the helm since 2016, will become co-chairman of...
Naomi Sarna

“Naomi Sarna: Stone in Motion” Debuts Carved Gemstone Jewelry at Wilensky During New York...

In anticipation of New York Jewelry Week, Wilensky brings the marvel of sinuous gemstones to Chelsea. Evocative and ethereal, Naomi Sarna debuts original works at the gallery from November 20th-December 20th, 2019....

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Global Gold Demand Stays Strong, Supporting Record-High Prices: World Gold Council

Global Gold Demand Stays Strong, Supporting Record-High Prices: World Gold Council

The World Gold Council’s Q1 2024 Gold Demand Trends report reveals that total global gold demand (inclusive of OTC purchases) was up 3% year-on-year...
Boucheron Bucks Trend as Kering Revenue Falls Again

Boucheron Bucks Trend as Kering Revenue Falls Again

Kering, the French luxury group, reported an 11 per cent drop in revenue to $4.8bn during Q1, but reported double-digit growth at Boucheron and...
US Consumers to Buy $7bn of Mother's Day Jewelry

US Consumers to Buy $7bn of Mother’s Day Jewelry

Spending on jewelry for Mother's Day in the US is set to hit $7bn this year, accounting for around a fifth of all gifts,...
BHP "to Increase Offer for Anglo American"

BHP “to Increase Offer for Anglo American”

BHP is likely to increase its all-share offer for Anglo American after the UK miner rejected its $39bn bid last week. A successful bid would...
De Beers Group To Relocate Auctions HQ From Singapore To Botswana

De Beers Group To Relocate Auctions HQ From Singapore To Botswana

De Beers Group announced it is relocating the De Beers Group Auctions business headquarters from Singapore to Botswana. The relocation supports De Beers’ focus...
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