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LVMH Boss has Shares in Rival Richemont

LVMH Boss has Shares in Rival Richemont

Billionaire Bernard Arnault, chairman and CEO of the luxury conglomerate, is reported to have bought shares in Swiss rival Richemont, reviving speculation of a...
14-ct Emerald Smashes Christie's Estimate

14-ct Emerald Smashes Christie’s Estimate

A 14.033-carat Colombian emerald sold for more than twice its high estimate as highlight of an online sale by Christie's Paris. The octagonal, step cut...
Sanctioned Alrosa Buys a Gold Mine

Sanctioned Alrosa Buys a Gold Mine

Sanctioned Russian diamond miner Alrosa has concluded the purchase of a gold mine in the far east of the country and will invest $276m...
Growth in US Watch and Jewelry Sales Slows in May

Growth in US Watch and Jewelry Sales Slows in May

The growth in watch and jewelry sales in the US slowed again in May, for the third consecutive month, according to the latest year-on-year...
Eighth +100-cts Diamond at Letseng

Eighth +100-cts Diamond at Letseng

Gem Diamonds has recovered its eighth +100-cts diamond so far this year from its Letseng mine, in Lesotho. It's a reversal of fortunes for the...
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