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15.5-ct Yellow Diamond Sells for $1.14m

15.5-ct Yellow Diamond Sells for $1.14m

A 15.51 carat fancy vivid yellow diamond sold for $1.14m earlier today at the Phillips Hong Kong Jewels Auction, beating its low estimate. The natural color, VS2 clarity, no-fluorescence brilliant-cut stone led the sale, mounted...
signet jewellry

Signet Jewelers Reports Fourth Quarter And Fiscal 2024 Results

Signet Jewelers reported a 6.3% decline in total sales to $2.5 billion during the Q4 that ended 3rd February 2024. Same store sales were down 9.6% to last year. Signet Chief Executive Officer Virginia C....
Grizzly Sells Giant 4,145-ct Emerald

Grizzly Sells Giant 4,145-ct Emerald

Grizzly Mining has reported "strong sales" from its latest auction of rough emeralds in Dubai, which included an exceptional 4,145-carat gemstones that sold for over $1m. Total sales of the medium-to high-grade rough, through sealed...
Jagger's Daughter is Face of Tommy Hilfiger

Jagger’s Daughter is Face of Tommy Hilfiger

Mick Jagger's daughter is the face of Tommy Hilfiger's new watch and jewelry collection for Spring/Summer 2024. Georgia May Jagger, 32, the British-American model and designer, has been appointed brand ambassador for the US fashion...
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...

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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...
Opsydia Welcomes Experienced Diamond Industry Professional Jacqui Larsson as Sales & Marketing Director

Opsydia Welcomes Experienced Diamond Industry Professional Jacqui Larsson as Sales & Marketing Director

The UK-based laser technology specialist has made the senior appointment to bolster its international growth and develop the company’s roster of high-profile clients. Leading...
Tim Schlick Appointed CEO Of Platinum Guild International

Tim Schlick Appointed CEO Of Platinum Guild International

Tim Schlick has been appointed Chief Executive Officer of Platinum Guild International (PGI) after nine years with the organisation. He succeeds long serving CEO...
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...
Luxury Companies Could Bid for De Beers

Luxury Companies Could Bid for De Beers

Speculation is mounting over the future of loss-making diamond giant De Beers, as its parent company Anglo American faces a takeover bid from its...
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