Russia’s state-controlled diamond mining company Alrosa has announced plans to scale back production and reduce its workforce in 2025. This…
Browsing: Industry News
Jewellery and watch industry business news, insight and releases, from UK, Europe and around the world. Find out what’s going on in retail jewellery, jewellery manufacturing and up coming events.
Luk Fook has reported a 27.2% decline in revenue for the six months ending 30 September 2024, amounting to HKD…
Digital marketplace Nivoda has announced the successful raising of $51 million in its latest funding round. The funding will support…
De Beers Group has launched its ‘Forever Present’ marketing campaign in the United States to promote natural diamonds during the…
Gold prices have hit historic highs, recently surpassing US$2,700 per ounce, sparking industry-wide speculation about what’s driving this surge. While…
A new campaign at London Luton Airport, in collaboration with jeweller Queensmith, aims to protect the element of surprise for…
The European Union (EU) has issued a statement expressing further dissatisfaction with the Kimberley Process (KP) over its inability to…
Paris-based jewellery designer Marie Lichtenberg has launched the 2024 Raiz’in collection, a line of more affordable jewellery inspired by her…
A new report, Silence is Golden, jointly authored by The Rt. Hon Dominic Raab and the World Gold Council, reveals…
Kim Heng Jewellers and Goldsmiths, a long-standing jewellery business based at People’s Park Complex in Singapore, has been fined S$35,000…
Several global industry bodies are reportedly working on a new initiative to secure $65 million annually for category marketing, aiming…
SHINCA, a Japanese lab-grown diamond jewellery brand, will hold its first pop-up event in Singapore from 28 November to 1…
After several months of decline, India’s diamond exports showed growth in October 2024, driven by increasing demand for both natural…
The global luxury market is forecasted to reach nearly €1.5 trillion in 2024, according to the latest Bain & Company…
The Central African Republic (CAR) has been reinstated as a full participant in the Kimberley Process (KP), ending an 11-year…
Authorities investigating the high-profile 2022 TEFAF jewellery heist have intensified efforts with a new search operation in Verviers, Belgium. Using…
Fenix Diamonds and Dholakia Lab-Grown Diamond have jointly acquired Israeli diamond grower Lusix for $4 million. Founded in 2016 by…
Alexandre Arnault, current executive vice president of product, communications, and industrial at Tiffany & Co., is set to leave his…
A rare 18th-century diamond necklace, previously part of the Marquess of Anglesey’s collection, achieved a remarkable sale price of CHF…
The International Gemological Institute (IGI) has announced the return of its annual global jewellery design competition, IGI Expressions 2024-25. Now…
Speaking at the 2024 KP Plenary in Dubai, World Diamond Council (WDC) President Feriel Zerouki urged stakeholders to work together…
The Aga Khan Emerald, a rare 37.41-carat square-cut green gemstone, has become the most expensive emerald ever sold at auction,…
A dispute over the ownership and value of the 70-carat “Idol’s Eye” diamond has brought two branches of Qatar’s royal…
Vacheron Constantin, the Swiss watch manufacturer owned by Richemont, has launched a global certified pre-owned (CPO) programme in collaboration with…
The Natural Diamond Council (NDC) has published the latest edition of its Diamond Facts report, aiming to counteract perceived misinformation…
HB Antwerp, a diamond producer start-up with a focus on traceability and sustainability, has earned the 12th spot on Fortune’s…
The Gemological Institute of America (GIA) has announced it will close its laboratory in Ramat Gan, Israel by the end…
Diamond prices continued to fall in October, though at a slower pace than in previous months, according to latest Rapnet…
Pandora reported an 11% year-over-year organic growth for the third quarter of 2024, raising revenue to 6.1 billion Danish kroner…
Diamonds Do Good (DDG) has allocated over $250,000 in grants for 2024 to support initiatives in education, empowerment, and economic…