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De Beers Rough Sales Down 30% to $450m

De Beers Rough Sales Down 30% to $450m

De Beers today reported $450m of rough sales during its first cycle of 2023, down over 30 per cent on 2022. That's despite reports that...
LVMH Jewellery & Watch Revenues Soar 18% To €10.58 Billion In 2022

LVMH Jewellery & Watch Revenues Soar 18% To €10.58 Billion In 2022

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, reported jewellery and watch revenue growth of 18% to €10.58 billion in 2022,...
Talented Designer Scoops Jewelry Prize

Talented Designer Scoops Jewelry Prize

Talented Wang Xuerui beat over 1,500 jewelry designers to win first prize in HRD Antwerp's 18th Design Awards. Her piece, called Mutualistic, was described as...
Lab Grown Boost: India Abolishes Diamond Seed Tax

Lab Grown Boost: India Abolishes Diamond Seed Tax

The Indian government today announced an immediate abolition of the five per cent import levy on the graphite seeds used to create lab grown...
US to Spend $5.5bn on Valentine's Jewelry

US to Spend $5.5bn on Valentine’s Jewelry

US consumers are set to spend $5.5bn on jewelry as they splash out on a record Valentine's Day, according to the NRF (National Retail...
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