India: Polished Exports Slide, Rough Imports Soar
India's exports of polished diamonds slid again during December, but rough imports soared, as expected, after the two-month voluntary ban.
Foreign sales during the month fell almost 22 per cent to just $862m compared to...
De Beers & Signet CEOs Meet In Botswana
Al Cook, CEO of De Beers Group and Gina Drosos, CEO of Signet Jewelers came together in Botswana this week to meet with their local teams in Botswana and discuss future collaboration opportunities to...
Christmas and Lab Growns Push Pandora’s Revenue to $1.58bn
Pandora reported a Q4 surge in revenue, with strong Black Friday and Christmas performances, and a near doubling of its lab grown sales.
The Danish jeweler best known for its charm bracelets reported a 12...
Kin & Pebble Adds Stainless Steel Option To Their Petites Line
Kin & Pebble is excited to announce the expansion of the petite charm jewelry line to include the metal choice of stainless steel. The addition of stainless steel allows customers to have a lower...
IDEX Price Report for 1 January: Rounds Show Signs of Recovery
Rounds showed further signs of a recovery during December, although fancies fared less well. There is a general sense that prices are bottoming out after almost two years of relentless decline and that the...
Signet Boss Heralds Wedding Recovery
There are encouraging signs that more US couples plan to wed, says Signet, the jewelry giant that says bridal accounts for half its total revenue.
The number of marriages has been in steady decline for...
SNZ to Open at New Surat Bourse
A Special Notified Zone (SNZ) - designed to ease rough imports from big miners - is to be launched at the newly-opened Surat Diamond Bourse (SDB).
The Gems and Jewellery Export Promotion Council (GJEPC), representing...
Hon’ble PM Shri Narendra Modi Unveils Surat Diamond Bourse
India’s Prime Minister Shri Narendra Modi inaugurated the Surat Diamond Bourse (SDB) on 17th December, marking a new milestone for Surat's prominence in the global diamond and jewellery trade.
The SDB, spread over 35.5 acres...
India’s Rough Ban: Imports Down Almost 70% in November
India's voluntary two-month ban on rough purchases saw a dramatic reduction in imports during November, down 69 per cent from $1.02bn in October to $314m, according to new figures from the GJEPC (Gem and...
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 guidance for the full year excluding the sale of 15...
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