Luxury Market Faces Mild Dip as Economic Uncertainty Grows
The global luxury market saw a slight downturn last year, with spending dipping by 1%, marking one of the sector’s most significant slowdowns in over a decade, according to new data from Bain &...
LVMH Jewellery Sales Hold Steady at €5.09B in H1 2025 Despite Profit Pressure
LVMH’s Watches & Jewelry segment remained steady in the first half of 2025, generating €5.09 billion in revenue—virtually flat compared to the same period last year, marking just a 1% dip amid global economic...
Tanishq Unveils Pioneering In-Store Diamond Evaluation Experience
In a move set to redefine diamond retail in India, Tanishq—India’s leading jewellery brand under the Titan Company—has rolled out a groundbreaking in-store diamond evaluation service across select outlets, as part of its strategic...
De Beers Diamond Production Plunges 36% in Q2 as Demand Slump Persists
De Beers Group reported a significant year-on-year drop in rough diamond output for the second quarter of 2025, producing just 4.1 million carats—down 36% from 6.4 million carats in the same period last year....
Claire’s Files for Second Bankruptcy Amid Supply Chain and Debt Pressures
Iconic tween accessory retailer Claire’s has filed for Chapter 11 bankruptcy protection for the second time, as it grapples with mounting debt, supply chain volatility, and shifting consumer trends.
The Chicago-area-based brand, best known for...
GJSCI Hosts Intensive Training of Trainers Workshop in Mumbai to Boost Jewellery Sector Skills
The Gem & Jewellery Skill Council of India (GJSCI) recently conducted a dynamic three-day Training of Trainers (ToT) workshop in Mumbai, held from July 31 to August 2, 2025. The initiative underlines GJSCI's ongoing...
Titan’s Jewellery Business Shines with 19% Growth in Q1 FY26; International Arm Turns Profitable
Titan Company Limited's jewellery division kicked off FY26 on a strong note, reporting a 19% year-on-year increase in total income (excluding bullion and digi-gold) to ₹12,797 crore for Q1. The growth was led by...
Pre-Owned Rolex and Patek Philippe Watches Shine Amid Luxury Watch Market Slump
In a turbulent year for the global luxury watch industry, the second-hand market is proving a rare bright spot. Pre-owned Rolex and Patek Philippe models are leading a modest yet meaningful recovery, even as...
Thailand’s Ministry of Commerce to Host the 72nd Bangkok Gems & Jewelry Fair, A...
August, 2025 – The Department of International Trade Promotion (DITP), organizer of the Bangkok Gems and Jewelry Fair, and the Gem and Jewelry Institute of Thailand (Public Organization), or GIT, serving as co-organizer, along...
De Beers and Endiama Uncover Promising New Kimberlite Field in Angola
De Beers, in collaboration with Angola’s national diamond company Endiama, has revealed a major geological breakthrough—the discovery of a new kimberlite field in northeastern Angola, a promising indicator of potential diamond deposits.
This marks De...
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Thailand’s Ministry of Commerce to Host the 72nd Bangkok Gems & Jewelry Fair, A...
August, 2025 – The Department of International Trade Promotion (DITP), organizer of the Bangkok Gems and Jewelry Fair, and the Gem and Jewelry Institute...
De Beers and Endiama Uncover Promising New Kimberlite Field in Angola
De Beers, in collaboration with Angola’s national diamond company Endiama, has revealed a major geological breakthrough—the discovery of a new kimberlite field in northeastern...
Pre-Owned Rolex and Patek Philippe Watches Shine Amid Luxury Watch Market Slump
In a turbulent year for the global luxury watch industry, the second-hand market is proving a rare bright spot. Pre-owned Rolex and Patek Philippe...
Titan’s Jewellery Business Shines with 19% Growth in Q1 FY26; International Arm Turns Profitable
Titan Company Limited's jewellery division kicked off FY26 on a strong note, reporting a 19% year-on-year increase in total income (excluding bullion and digi-gold)...
Gemfields Divests Fabergé to SMG Capital in $50 Million Deal
Gemfields Group Limited has finalized a $50 million agreement to sell its prestigious luxury brand, Fabergé Limited, to U.S.-based investment firm SMG Capital LLC....