Billionaire Bernard Arnault, chairman and CEO of the luxury conglomerate, is reported to have bought shares in Swiss rival Richemont, reviving speculation of a possible takeover bid. Arnault, with an estimated net worth of $194bn (says Forbes) is a personal stakeholder in Richemont, according to Bloomberg, but the stake is too small to be disclosed […]

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The Antwerp World Diamond Centre (AWDC) and Ars Nobilis, Belgium’s – only – umbrella organization for the country’s jewelry manufacturing and retail sectors, announced they will “join forces.” AWDC explained in an email that “the members of Ars Nobilis will be able to call upon the services of the AWDC regarding legal advice, training, communication, […]

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