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De Beers Diamond Production Plunges 36% in Q2 as Demand Slump Persists

De Beers Diamond Production Plunges 36% in Q2 as Demand Slump Persists

De Beers Group reported a significant year-on-year drop in rough diamond output for the second quarter of 2025, producing just 4.1 million carats—down 36%...
Claire’s Files for Second Bankruptcy Amid Supply Chain and Debt Pressures

Claire’s Files for Second Bankruptcy Amid Supply Chain and Debt Pressures

Iconic tween accessory retailer Claire’s has filed for Chapter 11 bankruptcy protection for the second time, as it grapples with mounting debt, supply chain...
Gold Demand Rises 3% in Q2 2025 as Investment Surges, Says World Gold Council

Gold Demand Rises 3% in Q2 2025 as Investment Surges, Says World Gold Council

Global gold demand climbed 3% year-on-year in the second quarter of 2025, reaching 1,248.8 metric tons, driven largely by a sharp uptick in investment...
LVMH Jewellery Sales Hold Steady at €5.09B in H1 2025 Despite Profit Pressure

LVMH Jewellery Sales Hold Steady at €5.09B in H1 2025 Despite Profit Pressure

LVMH’s Watches & Jewelry segment remained steady in the first half of 2025, generating €5.09 billion in revenue—virtually flat compared to the same period...
IIGJ Jaipur Engages HR Leaders in Orientation Session on 'Tarang' Skilling Drive

IIGJ Jaipur Engages HR Leaders in Orientation Session on ‘Tarang’ Skilling Drive

The Indian Institute of Gems & Jewellery (IIGJ), Jaipur, under the aegis of the Gem & Jewellery Export Promotion Council (GJEPC), recently hosted an...
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