Shinsegae and Alibaba Join Forces to Reshape South Korea’s E-Commerce Landscape
South Korean retail giant Shinsegae has announced plans to establish a joint venture with Alibaba International, marking a strategic move to strengthen its position in South Korea’s competitive e-commerce market. The joint venture, slated...
Gemfields Temporarily Suspends Kagem Mining Amid Strategic Restructuring
Gemfields Group Limited, a leading player in the colored gemstone sector, has initiated a series of cost-cutting measures to address pressing challenges affecting its operations and revenues.
The company reported that recent emerald and ruby...
Swarovski Eyes India’s Thriving “Rocket Market”
Swarovski, the iconic Austrian brand renowned for its premium crystal glass creations, is intensifying its focus on India’s burgeoning lab-grown market. The company plans to open up to 10 new stores across the country...
Tiffany & Co. Acquires Titanic Hero’s Pocket Watch for Record $1.97 Million
Tiffany & Co. has added a piece of history to its collection with the acquisition of a rare 18k gold pocket watch tied to the Titanic tragedy. The timepiece, which sold for a record-breaking...
Lucara Unveils the Name of the World’s Second Largest Diamond
Lucara Diamond Corporation has officially named its extraordinary 2,488-carat diamond, discovered in August at the Karowe mine in Botswana. The gem, now known as Motswedi, holds the title of the world’s second-largest diamond ever...
Jackie Kennedy’s Iconic Brooch Surpasses Auction Expectations
A brooch famously worn by Jacqueline Kennedy during her tenure as First Lady has fetched more than twice its estimated value at Hindman’s inaugural Important Jewelry auction in New York City. The auction, featuring...
Gold Set for Record Performance in 2024, Outlook Modest for 2025: WGC
The World Gold Council’s (WGC’s) latest report, Gold Outlook 2025, forecasts a nuanced year for gold, following its best annual performance in over a decade in 2024. Surging 28% year-to-date, gold achieved 40 new...
Indian Farmer’s Diamond Sells for $111,000 at Auction
A stunning 19.22-carat diamond, discovered by a part-time miner in India’s Panna district, recently sold for an impressive $111,000 (Rs. 93,79,360) during a organized auction.
This exceptional gemstone was the highlight of an auction where...
Gemfields Mixed-Quality Ruby Auction Yields $46.2 Million
Gemfields Group Limited has shared the results of its most recent mixed-quality rough ruby auction, which took place from November 25 to December 11, 2024.
The event generated $46.2 million in revenue, with 97 of...
Grizzly Mining Ltd. Grizzly Emerald Auction Generates US$22.4 million
Lusaka, Zambia: 10th December 2024, Grizzly Mining Limited, one of the world’s largest producers of emeralds, is pleased to announce the results of its latest international emerald auction held in Dubai in November 2024....
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De Beers Group has introduced its cutting-edge DiamondProof verification device in select U.S. retail stores, revolutionizing how consumers authenticate natural diamonds. Designed to enhance...
Winona Ryder and Iman Shine in Pandora’s Latest Be Love Campaign
Pandora is once again redefining its identity with a star-studded continuation of its Be Love campaign. Originally launched in 2024, the campaign marked a...
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