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 and jewelry industries. The Trump administration has stated its goal...
UAE Set To Host KP Intersessional Meeting Next Week
DMCC said the Kimberley Process (KP) Intersessional Meeting will begin on 13th May in Dubai at its headquarters in Uptown Dubai. The Intersessional will see a global gathering of diamond industry representatives, civil society...
Hublot unveils high jewellery versions of three of its popular timepieces
Swiss luxury watchmaker Hublot has released diamond-studded high jewellery editions of three of its top-selling timepieces.
The three new Hublot models, the brand said, marry the technical performance of the manufacture movements, the sophisticated beauty...
US buyers say synthetic diamonds not ‘real’ – DPA study
Results of a new survey released by the Diamond Producers Association (DPA) and The Harris Poll revealed that majority of American consumers don’t view synthetic diamonds as “real” diamonds.
According to DPA, 68 percent of...
Guards at Petra Mine Accused of Replacing Rubber Bullets with Metal Shot
Petra Diamonds is facing claims that guards at its Williamson Mine, in Tanzania, switched rubber bullets for metal shot in their shotguns to inflict greater damage to trespassers.
The UK-listed miner was accused last November...
LVMH 2023 Watch and Jewelry Sales hit $11.8bn
LVMH saw improved performances from its watches and jewelry businesses during 2023, with reported revenue up three per cent to $11.84bn.
Organic revenue grew by a "robust" 7 per cent and profit from recurring operations...
Dubai Hosts World’s First Lab Grown Symposium
More than 230 delegates attended an inaugural lab grown symposium in Dubai to address issues facing the industry.
It was, said Ahmed Bin Sulayem, chairman of the Dubai Diamond Exchange (DDE), the first event of...
Pandora Q2 Sales Increase, Despite Uncertainties
Pandora has reported a five per cent growth in Q2 sales, despite ongoing macroeconomic uncertainties.
The Danish jeweler says strong brands and products helped it deliver "robust growth" and it had expanded its network by...
OJ Simpson’s Ashes Turned into Jewelry
The remains of OJ Simpson have been turned into lab grown gems for his four children.
His attorney and executor Malcolm LaVergne said Arnelle, Jason, Sydney and Justin each now had a jewelry item as...
Duty Drawback, RoDTEP and RoSCTL Benefits Now Available for Courier Exports
The Central Board of Indirect Taxes and Customs (CBIC) under the Dept. of Revenue, Ministry of Finance has issued a circular introducing a new system that extends export-related benefits, including Duty Drawback, Remission of...
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