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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...
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...
Tiffany's $305,000 'Bird on a Rock' Watch

Tiffany’s $305,000 ‘Bird on a Rock’ Watch

Tiffany has launched one of its most complex watches to date, inspired by the company's emblematic Bird on a Rock. The white gold Bird on...
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...
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...
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