Kering Sales Down, but Boucheron Performs Positively
Kering, the French luxury group that owns Boucheron and other high jewelry maisons, suffered a a 13 per cent decline in Q3 sales.
Group revenue was down to to €4.46bn ($4.72bn) in the face of...
De Beers Forecast Unchanged Despite Lower Q3 Production
De Beers says its full-year production forecast for 2023 remains unchanged - at 30m to 33m carats - despite a 23 per cent drop in Q3 output.
Most of that was because of its Venetia...
De Beers’ Q3 Diamond Production Down 23% To 7.4 Million Carats
De Beers said rough diamond production for Q3 2023 decreased by 23% to 7.4 million carats, primarily due to the planned reduction in South Africa as Venetia transitions to underground operations and begins the...
De Beers CEO Al Cook Pens Open Letter To G7 Leaders & Technical Committee
As the countries of the G7 come together to discuss new import measures designed to prevent the flow of Russian diamonds through their borders, De Beers Group CEO, Al Cook, has published an open...
GJEPC & Amazon Collaborate for Jewellery Export Seminar in Delhi
GJEPC’s Delhi Regional Office recently hosted a seminar in collaboration with global retail giant Amazon, focusing on kickstarting exports of gems and jewellery through the popular e-commerce platform.
Ashok Seth, the Regional Chairman – North,...
CIBJO Report: Climate Crisis Impacts Shallow-Water Reef Corals, Not Precious Varieties
As the world jewellery industry converges on the 2023 CIBJO Congress in Jaipur, India, slated to open its doors on 3rd October 2023, the ninth pre-congress Special Report has been released. This comprehensive report,...
US Prosecutors Chase Diamonds from “Hezbollah Boss”
Federal prosecutors in the USA have filed documents to seize 35 more diamonds, a number of artworks and sculptures and $2m in cash from Nazem Said Ahmad, alleged financier of the Hezbollah terror group...
Raiders Pepper-Spray Jewelry Store Workers
Jewelry store workers were treated for breathing difficulties and stinging eyes after they were pepper-sprayed during a raid.
Police in Philadelphia, USA, are hunting four men who used a sledgehammer to smash display cases at...
Pandora Q2 Sales Increase, Despite Uncertainties
Pandora has reported a five per cent growth in Q2 sales, despite ongoing macroeconomic uncertainties.
The Danish jeweler says strong brands and products helped it deliver "robust growth" and it had expanded its network by...
100% Refund if Lab Grown Buyers Trade up to Natural
A lab grown brand in South Korea is offering customers the option to trade up to a mined diamond - and get a full refund, minus tax.
"If a customer who purchased a lab-grown diamond...
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