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Richemont Jewellery Sales Rise Despite Overall Slowdown

Richemont Jewellery Sales Rise Despite Overall Slowdown

Richemont, the Swiss luxury goods giant, reported resilient sales for the Q1 that ended 30th June. However, the overall growth was modest due to...
Kering Sees Double-Digit Jewellery Sales Growth Amidst Challenging Market

Kering Sees Double-Digit Jewellery Sales Growth Amidst Challenging Market

Luxury conglomerate Kering reported a challenging first half of 2024, with group revenue declining by 11% to €9.01 billion. The company attributed the downturn...
Grande is the New Face of Swarovski

Grande is the New Face of Swarovski

US pop icon Ariana Grande is the new brand ambassador for Swarovski , the Austria-based crystal and jewelry company. Grande, aged 31, a Grammy-winning singer,...
De Beers Rough Production Down 15%

De Beers Rough Production Down 15%

De Beers reported a 15 per cent drop in its global diamond production in Q2, as demand remained weak for yet another quarter. The H1...
Huge Budget Boost for India's Diamond Industry

Huge Budget Boost for India’s Diamond Industry

India's diamond industry welcomed a raft of measures announced in today's budget (23 July) which will encourage direct diamond sales from foreign mining companies...
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