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, by value.
That's down around 11 per cent on a record...
Carats 2025 Scales Down Amid Industry Headwinds, Moves to Boutique Venue
In a strategic shift that reflects both market realities and evolving exhibitor preferences, the Carats 2025 trade show, hosted by the Surat Diamond Association (SDA), is relocating to the more intimate Avadh Utopia Lifestyle...
U.S. antitrust regulator plans to target Amazon’s online marketplace
The U.S. antitrust regulator is planning to file a suit targeting Amazon.com's core online marketplace in the coming weeks, Bloomberg News reported on Thursday, citing documents and people familiar with the matter.
The main allegation...
G7 Delegates Visit India Ahead of Sanctions on Russia
G7 representatives have completed a fact-finding mission to explore how India's diamond industry can comply with forthcoming sanctions on Russian stones.
They aim to cause "minimal or no disruption to the sector", according to a...
GIA Unveils Enhanced Nacre Grading Scale for Pearl Reports
In a significant development for the pearl industry, the Gemological Institute of America (GIA) has announced the implementation of a new, expanded nacre grading scale across all pearl classification reports. This enhancement marks an...
Aza Fashions Enters Fine Jewellery with Launch of Araiya – A Sustainable Lab-Grown Diamond...
Expanding its legacy in luxury, Aza Fashions has launched Araiya by Aza, a fine jewellery label centered around lab-grown diamonds, modern elegance, and conscious luxury. This marks Aza’s first foray into the jewellery segment,...
U.S. Jewellery Spending This Mother’s Day To Reach $7 Billion In Sales
This Mother’s Day, the glint of gold and the sparkle of diamonds are set to take centre stage as consumers are expected to spend an impressive $7 billion on jewellery. This figure is part...
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...
Petra Diamonds Finalizes Exit from Tanzania’s Williamson Mine
Petra Diamonds has officially exited the Williamson mine in Tanzania, completing the sale of its remaining stake as part of a broader strategy to navigate ongoing liquidity pressures.
The London-listed miner had already divested nearly...
Tiffany’s New Flagship Store Hit by Blaze
Firefighters in New York tackled an electrical blaze at Tiffany & Co's new $500m flagship store, on Fifth Avenue, Manhattan.
Fourteen fire appliances and 80 firefighters were involved at the height of the blaze, according...
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