De Beers Sells $445m Amid Ongoing Uncertainty
De Beers today (17 April) reported $445m of rough sales (provisional figure) during its third cycle of the year, a very slight increase on $431m at its second cycle.
Ongoing economic uncertainty, together with a...
GJEPC Co-organises Outreach Seminar on PMLA Act in Kanpur
GJEPC’ Delhi Regional Office successfully conducted an outreach seminar on the Prevention of Money Laundering Act (PMLA) 2002 in Kanpur on 22nd August, 2024. The seminar was co-organised jointly with the Federation of Indian...
Another Quarter of Growth at Titan
India's Titan Company enjoyed another quarter of growth in jewelry sales, according to its latest update.
Titan, part of Tata Group, the country's largest conglomerate, reported an 18 per cent year-on-year increase in sales for...
JCPenney Diamond Suspects Linked to $1.5m Series of Raids
Four men arrested during a jewelry raid at a s JCPenney store may be linked to a series of heists that netted $1.5m.
The suspects were apprehended as they smashed display cases with hammers to...
World Diamond Council Welcomes Record Number Of New Members In 2023
The World Diamond Council (WDC) has registered a record number of new members in 2023, indicating a stronger commitment from the industry to act with integrity and compassion. According to a letter from WDC...
Anglo American Cuts 3,700 Platinum Jobs
Anglo American is to cut 3,700 jobs in its platinum division after profits plunged.
It blames "macroeconomic uncertainty", and a 35 per cent fall in price of platinum group metals (PGM), which are used in...
Hong Kong Retail Sales Fall Sharply in May
Sales of jewelry and other luxury items in Hong Kong plunged in May, even as the market showed signs of recovery amid an easing of the city’s coronavirus crisis.
Revenue from jewelry, watches, clocks and...
US Jewelry Sector Shrinks Again
The US jewelry sector shrank again in Q2 of this year, with the overall loss of 462 retailers and more than 100 wholesalers and manufacturers.
That's lower than the last two quarters, according to statistics...
Alrosa Announces Increased Sales for 2023
Alrosa reported a 9 per cent increase in rough diamond sales in 2023, to $3.55bn, despite Western attempts to impose sanctions over its invasion of Ukraine.
However net profit dropped 15 per cent to $939.3m,...
NDC & Black In Jewelry Coalition To Launch Jewellery Education School Program In New...
Natural Diamond Council (NDC) in partnership with Black in Jewelry Coalition (BIJC) will launch the first-of-its-kind jewellery education program at Baldwin High School, in Baldwin, New York. The pilot program will begin in the...
Related articles
Trump’s Tariffs: A Looming Crisis for India’s Diamond and Jewelry Exports
India is on high alert as the U.S. prepares to potentially raise tariffs, threatening to worsen the already fragile state of the country's diamond...
Victor Osimhen Commissions $1M Gold and Diamond Mask—A Symbol of Grit and Glory
Soccer superstar Victor Osimhen has taken luxury to the next level, commissioning a $1 million gold-and-diamond replica of the protective mask that has become...
Tata Cliq Luxury Teams Up with RedBeryl to Enhance Premium Shopping Experience
Tata Cliq Luxury, the luxury fashion and lifestyle platform from the Tata Group, has announced a strategic partnership with RedBeryl, a luxury lifestyle management...
CaratLane Expands Festive Jewellery Line with Celestial-Inspired Sol & Luna Collections
CaratLane, the renowned omnichannel jewellery retailer from the Tata Group, has unveiled two exquisite new collections—Sol and Luna—designed to capture the magic of celestial...
De Beers Unveils New Initiatives to Boost Natural Diamond Appeal in India
De Beers Group has introduced a fresh initiative in India aimed at promoting natural diamonds to a younger audience. The ‘Second Ear Piercing Ritual’...
- Advertisement -
