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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 a member of NDC, the US-based not-for-profit organization that promotes...
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 Gianmaria Buccellati Foundation in 2018, was presented during the annual...
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 retailer of diamond jewelry, with 2,700 outlets, said it had...
Swarovski Reports "Strong Progress" in 2023

Swarovski Reports “Strong Progress” in 2023

Swarovski, the family-owned crystal and jewelry company, reported a 4 per cent increase in sales to $1.99bn and 10 per cent like for like growth during 2023. That compares with a with a 10 per...
Watch Auctions Hit by Severe Downturn in 2023

Watch Auctions Hit by Severe Downturn in 2023

Watch auctions suffered a "severe downturn" last year, down 13 per cent on a record 2022, as collectors and speculators curbed their spending. Total sales for the major auction houses, Antiquorum, Bonhams, Christie's, Phillips (in...
AWDC Webinar on Easing Sanction Delays

AWDC Webinar on Easing Sanction Delays

The Antwerp World Diamond Centre (AWDC) will host a webinar this Thursday (21 March) to explain in detail how the new EU sanctions on Russia affect diamond imports, and how traders can avoid delays...
Dubai Diamond Trade In 2023 Up 2% To $38.3 Billion: DMCC

Dubai Diamond Trade In 2023 Up 2% To $38.3 Billion: DMCC

DMCC reported that total rough and polished diamond trade in Dubai reached $38.3 billion in 2023, up 2% year-on-year and representing a five-year compound annual growth rate of 11%. Polished diamond trade was up 32%...
41-ct Yellow Diamond Sells for $1m

41-ct Yellow Diamond Sells for $1m

A 41.02-carat fancy intense yellow diamond sold for $1.02m at a Sotheby's New York sale of jewels from a mystery collector. The natural color, VS2 clarity stone (pictured) was among the highlights of From the...
WFDB Concludes Successful Presidents’ Meeting In Shanghai

WFDB Concludes Successful Presidents’ Meeting In Shanghai

The World Federation of Diamond Bourses (WFDB) concluded its annual Presidents’ Meeting for 2024, held in Shanghai, China. The three-day meeting explored the most pressing issues facing the world diamond industry – the G7...
Necklace is Symbol of Ukraine's Two-Year Struggle

Necklace is Symbol of Ukraine’s Two-Year Struggle

A jewelry house in Ukraine has spent the last two years crafting a choker necklace in white gold, titanium, and diamonds that symbolizes the country's struggle. Oberig, based in Kyiv, started work after Russia's full-scale...

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AGTA Bans Non-Natural Gemstones

AGTA Bans Non-Natural Gemstones

Lab grown gemstones are to be banned from all trade shows run by the American Gem Trade Association (AGTA). The Dallas-based not‐for‐profit association says exhibitors...
Time for Change: Sotheby's Underground, Gender-Free Watch Auction

Time for Change: Sotheby’s Underground, Gender-Free Watch Auction

An underground auction of vintage watches, held in a Geneva wine cellar, raised $1.3m, almost double its pre-sale high estimate. Sotheby's offered 24 avant garde...
LVMH Jewellery & Watch Sales Fall 5% To €2.58 Billion In Q1

LVMH Jewellery & Watch Sales Fall 5% To €2.58 Billion In Q1

Luxury behemoth LVMH Moët Hennessy Louis Vuitton registered a 5% decline in jewellery and watch sales to €2.589 billion for Q1 2024 compared with...
Petra's Prices Boosted $8.2m Blue

Petra’s Prices Boosted $8.2m Blue

Petra Diamonds sold fewer carats but achieved higher prices earlier this month at its fifth tender of FY 2024, boosted by the sale of...
Sonam Kapoor introduces Zoya’s My Embrace

Sonam Kapoor introduces Zoya’s My Embrace

Zoya’s New Brand Campaign Featuring Sonam Kapoor Introduces Its Iconic Symbols Of Self Acceptance India, April 2024: Zoya, the exquisite diamond boutique from the House...
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