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De Beers Names Date for New CEO
De Beers says new CEO Al Cook will formally take over from Bruce Cleaver on 20 February.
It announced last October that Cleaver, who has...
Richemont Jewelry Sales Rise, Despite Covid in China
Richemont saw jewelry sales rise by 11 per cent in the last three months of 2022, despite a Covid-related slump in China.
Buccellati, Cartier and...
LVMH Jewellery & Watch Revenues Soar 18% To €10.58 Billion In 2022
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, reported jewellery and watch revenue growth of 18% to €10.58 billion in 2022,...
Lucara Boss Urges EU to Sanction Russian Diamonds
Eira Thomas, chief executive of Canada-based Lucara Diamonds, says Russian diamonds "should be sanctioned".
She told the Financial Times (FT) that, in her personal view,...
US to Spend $5.5bn on Valentine’s Jewelry
US consumers are set to spend $5.5bn on jewelry as they splash out on a record Valentine's Day, according to the NRF (National Retail...
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