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Signs of Recovery for US Watch and Jewelry Sales

Signs of Recovery for US Watch and Jewelry Sales

After eight months of consecutive decline, US watch and jewelry sales came within a whisker of positive growth in October. Year-on-year change for the month...
Signet Sees Q3 Sales Drop 12%, But Stays Optimistic For Holiday Season

Signet Sees Q3 Sales Drop 12%, But Stays Optimistic For Holiday Season

Signet Jewelers, the US-based jewellery retail giant, reported a decline in sales and earnings for the third quarter of fiscal 2024, but reaffirmed its...
G7 Russia Ban to Include Lab Grown Diamonds

G7 Russia Ban to Include Lab Grown Diamonds

Long-awaited EU sanctions on Russian diamonds will also cover lab growns, according to an Agence France Presse (AFP) report. The ban, due to come into...
Surat Factories Re-open after Longest Diwali Break

Surat Factories Re-open after Longest Diwali Break

Diamond factories have finally re-opened in Surat after a record 36-day closure for Diwali. But many are still working well below full capacity as global...
Lucara Forecasts Increased Revenue in 2024

Lucara Forecasts Increased Revenue in 2024

Lucara is forecasting a revenue increase of at least 30 per cent next year after cutting its 2023 prediction earlier this month. The Vancouver-based miner...
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