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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...
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...
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...
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...
World Gold Council Study: US Elections Drive Gold Demand and Price Fluctuations

World Gold Council Study: US Elections Drive Gold Demand and Price Fluctuations

The World Gold Council’s latest report, titled “Ballots to Bullion: Examining the US Election’s Effect on Gold,” delves into the relationship between US presidential...
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