Lab Grown Firm Fighting Off Insolvency

Lab Grown Firm Fighting Off Insolvency

Lusix, the lab grown company behind Sun Grown Diamonds, is seeking court protection from creditors amid plunging prices. It was founded in 2016 by Israeli billionaire Benny Landa, the "father of commercial digital printing" who...
GJEPC Meets Customs Officials to Address Industry Concerns

GJEPC Meets Customs Officials to Address Industry Concerns

A high-level meeting was held on 17th August 2024, between representatives of the GJEPC and Customs officials to discuss pressing issues facing the diamond and jewellery industry. Led by Shri Surjit Bhujabal, Member Customs, the...
Pandora Reports Strong Q2 Growth

Pandora Reports Strong Q2 Growth

Pandora reported a 15 per cent growth in its Q2 revenue, despite "sluggish" consumer spending". The Danish company, best known for its charm bracelets but repositioning itself as a "full jewelry brand", said like-for-like lab...
Botswana Wants Double Stake in HB, for Same Money

Botswana Wants Double Stake in HB, for Same Money

The government of Botswana reportedly wants to renegotiate its planned purchase of a stake in Belgian polisher HB Antwerp - more than doubling its share for the same $66m payment. In February finance minister Peggy...
Sales Dip, Profits Rise at Brilliant Earth

Sales Dip, Profits Rise at Brilliant Earth

Brilliant Earth, the US-based "ethical jeweler" saw sales dip in Q2, but reported a slight rise in profits. The total number of orders rose by 3.6 per cent, but the average order value fell by...
Shutdowns and Short Weeks for Surat Factories

Shutdowns and Short Weeks for Surat Factories

As many as a third of the diamond units in Surat, India, are reported to have closed temporarily or to be working short weeks as the slump in global demand persists. The news follows the...
De Beers Joins Forces with GJEPC

De Beers Joins Forces with GJEPC

De Beers is joining forces with India's Gem and Jewellery Export Promotion Council (GJEPC) to promote natural diamonds to domestic consumers and to increase sales. Both sides met last week in Mumbai to discuss how...
VICENZAORO SEPTEMBER: TRENDBOOK 2026+, TIME FOR STYLE FORECASTS

VICENZAORO SEPTEMBER: TRENDBOOK 2026+, TIME FOR STYLE FORECASTS

Fashion and luxury look to the future: Trendvision Jewellery + Forecasting, IEG's independent  observatory directed by Paola De Luca, dedicates two events to style trend forecasting  On Saturday 7th September, a talk with...
UK Royal Mint Recycles Electronic Waste Into Gold

UK Royal Mint Recycles Electronic Waste Into Gold

The UK Royal Mint has signed an agreement with Canadian clean tech start up Excir to introduce a world first technology to the UK, which will enable it to safely retrieve and recycle gold...
Indian Gold Industry Announces ‘Indian Association For Gold Excellence And Standards’ (IAGES)

Indian Gold Industry Announces ‘Indian Association For Gold Excellence And Standards’

The Indian gold industry has today announced the formation of the Indian Association for Gold Excellence and Standards (IAGES – pronounced as I-AAY-GES), a self-regulatory organisation (SRO) created by the Indian gold industry, for...

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De Beers Posts 17% Increase in Q1 Diamond Production, Reaching 7.1 Million Carats

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De Beers Group reported a strong start to 2026, with rough diamond production climbing 17% year-on-year to 7.1 million carats in the first quarter....
GJEPC Surat RO Hosts Industry Interaction with DGTS on Key Tax Concerns

GJEPC Surat RO Hosts Industry Interaction with DGTS on Key Tax Concerns

The Gem & Jewellery Export Promotion Council (GJEPC) Surat Regional Office recently organised an important meeting between gem and jewellery industry representatives and Shri...
India’s Q1 Gold Jewellery Volumes Decline as High Prices Reshape Buying Trends: WGC

India’s Q1 Gold Jewellery Volumes Decline as High Prices Reshape Buying Trends: WGC

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LVMH Watch Chief Signals Jean Arnault as Strong Successor Candidate

LVMH watch boss sees Jean Arnault as best candidate for his role

Jean-Christophe Babin, the head of LVMH’s watch division, says he’s ready for a phased retirement and Jean Arnault would be an obvious candidate to...
Queen Camilla Turns State Visit Jewelry Into a Lesson in Royal Storytelling

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During her high-profile visit to the United States alongside King Charles III, Queen Camilla has once again demonstrated that royal jewelry is far more...
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