US Sanctions Russian Diamond Cutter and Retail Jeweler
The US has added the prominent jewelry brand Miuz and the diamond cutter Kristall to its list of sanctioned companies in Russia.
Kristall, Russia's largest diamond cutter, is now on the Specially Designated Nationals (SDN)...
Pandora Reports Strong Q2 Growth
Pandora reported a 15 per cent growth in its Q2 revenue, despite "sluggish" consumer spending".
The Danish company, best known for its charm bracelets but repositioning itself as a "full jewelry brand", said like-for-like lab...
Wholesaler Boycotts Retailers Selling Lab Growns
A high-end jewelry wholesaler in New York says it will no longer supply retailers who sell lab growns.
Arazi says it will terminate its asset/memo support program for businesses carrying or promoting lab growns immediately,...
Richemont Jewellery Sales Rise Despite Overall Slowdown
Richemont, the Swiss luxury goods giant, reported resilient sales for the Q1 that ended 30th June. However, the overall growth was modest due to challenging comparisons from the prior year and a slowdown in...
Department Store U-Turn on Jewelry Sales
Kohl's, the US retail chain, aims to sell more jewelry in its almost 1,200 department stores.
It represents something of a U-turn for the company, three years after it reduced its jewelry offering and gave...
Signet Q1 Sales Decline 9.4% but Engagement Recovery Continues
Signet Jewelers reported sales of $1.51 billion for the first quarter of Fiscal 2025, that ended 4th May 2024, marking a 9.4% decline from $1.67 billion in Q1 Fiscal 2024. Despite a challenging start...
Tanishq Unveils Its 6th Store In Ahmedabad
Tanishq, India's largest jewellery retail brand from the house of Tata, has launched its grand new store in Nikol, Ahmedabad. The brand new store was inaugurated by Pelki Tshering, Head of Marketing, Tanishq, Titan...
Caledonia Park Secures Scottish Outlet Debut For Swarovski
Railpen, one of the largest pension managers in the UK, has announced Swarovski, the luxury crystal jewellery brand, has signed at Caledonia Park, Scotland’s premium designer outlet village, marking its Scottish outlet debut.
Swarovski will...
Lightbox Slashes Prices to $500 a Carat
De Beers has responded to the plunging prices of lab growns by slashing the cost of its Lightbox goods by at least a third.
Prices for its standard lab growns have remained constant at $800...
This Akshaya Tritiya, De Beers Forevermark sees strong demand in South India
Chennai, May, 2023 - De Beers Forevermark, the leading and trusted diamond brand is upbeat on a strong sales volume this Akshaya Tritiya from South India which is a top performing market in the...
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