US consumer spending this holiday season is likely to come close to last year’s record, dropping $12 per person to average $890, according to the National Retail Federation (NRF) forecast. Of the ...
The Gemological Institute of America (GIA) recently examined an unusually large, two-toned rough stone: a 37.41-carat pink and colorless diamond. The natural stone is believed to have originated at ...
The Black in Jewelry Coalition (BIJC) and Jewelers of America (JA) have revealed the grant recipients from this year’s accelerator program. Katty Villapando Lyte and Mica Rencher of Shimmer Culture ...
De Beers chief trade and industry officer Feriel Zerouki will leave her role at the end of October after 20 years with the company. During her time with De Beers, Zerouki, who is also a member of the ...
US jewelry sales at the start of the holiday season are up to 20% above those of the previous year, according to respondents who took part in a Rapaport News survey. An additional 11% of those ...
The White House has expressed a willingness to remove reciprocal duties on natural diamonds for select countries — but a full exemption is still some way off. US President Donald Trump “may be willing ...
De Beers is carrying out substantial layoffs in its trading department as the diamond giant continues to respond to the market downturn, sources have told Rapaport News.
The US will increase tariffs on Indian goods to 50% starting later this month, President Donald Trump said Wednesday — a move that has sent the diamond industry into crisis. The duty will double the ...
Burgundy Diamonds believes it will continue to produce rough from a portion of its Ekati mine for another 15 years, nearly a decade longer than the two other deposits in Canada’s Northwest Territories ...
The owner of the Mothae diamond mine in Lesotho has placed 400 employees on forced leave, slashing their pay by 50%, according to a local union. The management attributed the temporary layoffs to the ...
The jewelry segment continued its positive momentum, heading for a strong result for the year, even as the overall personal luxury goods market lags. There are three potential scenarios for the market ...
The Antwerp World Diamond Centre (AWDC) is launching a new marketing campaign for natural diamonds that centers around a gumball machine full of synthetics that can be “won” for five euros, in an ...
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