A pair of earrings featuring yellow diamonds was the top seller at a Christie’s jewelry auction in Hong Kong, fetching HKD 62 million ($8 million). Called The Oriental Sunrise, the set contains two ...
Belgian synthetic-diamond company Fenix will buy Israel’s Lusix for $4 million after a Japanese bidder pulled out, according to a local news report. EDP, which had offered to purchase the Israeli ...
De Beers is considering reducing its output even further amid continued weak demand and oversupply in the manufacturing sector. The announcement comes in response to the miner’s belief that the ...
The Women’s Jewelry Association (WJA) Foundation announced its annual scholarship recipients, awarding $63,000 in educational funds to students in the jewelry industry. Spanning six different ...
Attorney and cybersecurity expert Jennifer Mulvihill will join the Jewelers’ Security Alliance (JSA) as president, succeeding John Kennedy, who is retiring after 33 years. Mulvihill will be the first ...
A natural pearl and diamond pendant was the top seller at the Fine Jewels & Watches sale Sotheby’s held in Milan, fetching EUR 288,000 ($311,479). The pendant, which is embellished with a ...
Gem Diamonds’ revenue grew in the third quarter as the sale of a higher proportion of large stones raised the average price for its rough. Sales from the company’s Letšeng mine in Lesotho jumped 36% ...
Retail sales at Hong Kong-based jeweler Chow Tai Fook fell 21% year on year in the second fiscal quarter as record gold prices discouraged consumers. A lack of tourism and a drop in local consumption ...
David Sherwood, a retail jeweler and member of the Grown Diamond Trade Organization’s advisory board, shared his views on pressing issues in the synthetics industry on the latest episode of the ...
US consumer spending is expected to hit an unprecedented average of $902 per person this holiday season, an increase of over $25 from last year, the National Retail Federation (NRF) forecast. Family ...
Sales were up at Michael Hill during the first 14 weeks of fiscal 2025, painting an optimistic picture for the holiday season, according to the jeweler. Year-on-year revenue rose 4.3% for the period, ...
RAPAPORT PRESS RELEASE, October 29, 2024, New York… The Rapaport Group is excited to announce the launch of its new WhatsApp channel. This innovative service will provide diamond industry news and ...