Signet Reports Q4 Sales Down 6%
Signet suffered a 6.3 per cent fall in net sales for Q4 and a 9.6 per cent drop in same store sales.
The world's largest retailer of diamond jewelry, with 2,700 outlets, said it had...
Swarovski Reports “Strong Progress” in 2023
Swarovski, the family-owned crystal and jewelry company, reported a 4 per cent increase in sales to $1.99bn and 10 per cent like for like growth during 2023.
That compares with a with a 10 per...
Watch Auctions Hit by Severe Downturn in 2023
Watch auctions suffered a "severe downturn" last year, down 13 per cent on a record 2022, as collectors and speculators curbed their spending.
Total sales for the major auction houses, Antiquorum, Bonhams, Christie's, Phillips (in...
AWDC Webinar on Easing Sanction Delays
The Antwerp World Diamond Centre (AWDC) will host a webinar this Thursday (21 March) to explain in detail how the new EU sanctions on Russia affect diamond imports, and how traders can avoid delays...
Dubai Diamond Trade In 2023 Up 2% To $38.3 Billion: DMCC
DMCC reported that total rough and polished diamond trade in Dubai reached $38.3 billion in 2023, up 2% year-on-year and representing a five-year compound annual growth rate of 11%.
Polished diamond trade was up 32%...
41-ct Yellow Diamond Sells for $1m
A 41.02-carat fancy intense yellow diamond sold for $1.02m at a Sotheby's New York sale of jewels from a mystery collector.
The natural color, VS2 clarity stone (pictured) was among the highlights of From the...
WFDB Concludes Successful Presidents’ Meeting In Shanghai
The World Federation of Diamond Bourses (WFDB) concluded its annual Presidents’ Meeting for 2024, held in Shanghai, China. The three-day meeting explored the most pressing issues facing the world diamond industry – the G7...
Necklace is Symbol of Ukraine’s Two-Year Struggle
A jewelry house in Ukraine has spent the last two years crafting a choker necklace in white gold, titanium, and diamonds that symbolizes the country's struggle.
Oberig, based in Kyiv, started work after Russia's full-scale...
Rolex’s 30% Share of Swiss Watch Market
Rolex remains the king of Swiss watches, with more than a 30 per cent share of the market in 2023, according to new research by the investment bank Morgan Stanley and consultants LuxeConsult.
"No other...
Human Rights and Diamond Smuggling: US Sanctions Zimbabwe President
The US has sanctioned Zimbabwe's President Emmerson Mnangagwa for human rights abuses, corruption and smuggling gold and diamonds.
The Treasury's Office of Foreign Assets Control (OFAC) designated Mnangagwa and 10 other individuals, including his wife,...
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Dazzling 53-Carat Yellow Diamond Could Fetch $3.5M at Phillips Geneva
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