Global Luxury Could Grow by 12% This Year, says Bain
The global luxury market could increase by as much as 12 per cent this year, if China bounces back from lockdowns and there's sustained growth in Europe and the Americas.
Even if there's a general...
Museum Buys Princess Diana’s Swan Lake Suite
A diamond and pearl necklace and earrings owned by the late Princess Diana were withdrawn from auction in New York, after they were sold to a "prominent museum".
The Swan Lake Suite - named after...
Sanctioned Alrosa Expects to Pay Shareholders Dividend
Alrosa says it expects to pay shareholders a dividend for the first half of 2023, as long as the diamond market remains stable.
It marks a change in fortunes for the Russian state-controlled miner, which...
Swiss Watch Exports up 14% to $2.56bn in May
Swiss watch exports surged during May, up 14.4 per cent year-on-year to $2.56bn, driven in part by a huge increase in Chinese sales.
That follows a more modest increase in April of 6.8 per cent,...
RJC Elects New Executive Committee & Board Members At 2023 AGM
The Responsible Jewellery Council (RJC) on 9th June elected three members to its Executive Committee of the Board of Directors, and nine members to the Board, at its Annual General Meeting (AGM).
RJC Chairman David...
Alrosa Could Diversify Beyond Diamonds
Alrosa says it may diversify into mineral resources beyond diamonds in response to "the new geopolitical environment".
Pavel Marinychev, new CEO of Russia's state-controlled miner told the Interfax news agency that rough diamond sales were...
Gin Company Giving Away “Heirloom” Lab Grown Diamonds
A British gin company is giving away diamonds to customers who buy a bottle with a lucky cork.
Whitley Neill says it wants to "reignite the age-old tradition of handing down heirlooms".
It's doing so by...
Diamonds Do Good Acknowledges Sustainability Trailblazers
Diamonds Do Good (DDG), a non-profit organisation, honoured industry leaders who embody the principle that 'Doing Good is Good Business' at an event held on the eve of the JCK Las Vegas opening. The...
Gold: An Effective Inflation Hedge
Gold has stood the test of time as a reliable investment, transcending generations. Inflation, a gradual process, highlights the need for a resilient asset like gold. Furthermore, the current consolidation in gold prices presents...
Another Month of Decline for India’s Polished Exports
India suffered yet another decline in gross exports of polished diamonds in May, but it was less severe than in recent months.
Foreign sales amounted to $1.72bn, down 17.5 per cent on the previous month,...
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