US holiday spending is expected to rise modestly compared to the previous year, amid a steady economy and strong job market. Retail sales in November and December will rise between 2.5% and 3.5% year ...
Diamond production at Rio Tinto fell in the third quarter as subsidence found at the company’s Diavik mine in Canada closed the site temporarily. Output from the mine fell 28% year on year to 542,000 ...
LVMH’s jewelry and watch sales fell in the third quarter as luxury demand in China slowed and Japan saw lower growth due to a strong yen. “Watch and jewelry [goods] are fairly resilient to ...
There is a sense of urgency to promote natural diamonds this holiday season. With market sentiment notably weak at the start of the fourth quarter, the industry has a glaring need to raise demand for ...
Sales at Mountain Province rose in the third quarter, as the miner sold more rough than a year earlier and saw “largely stable” prices for its goods. Revenue climbed 15% year on year to $50.8 million ...
US retail sales continued their upward trajectory in September, as a strong job market and a drop in inflation and interest rates fueled purchasing. Revenue rose 0.4% from the previous month to $714.4 ...
US jewelry sales were strong in September as consumers increased purchases over the Labor Day weekend. Sales for the category advanced 3.8% year on year for the month, seeing “notable growth,” ...
From Chanel’s tweed-inspired looks to local artists’ hand-engraved gold designs, the country is making its mark on the latest collections. Scotland is a land that speaks of history, royalty, and a ...
At some stage, synthetic diamonds will go the way of other synthetic gems and get so cheap that they will be less competitive against natural diamonds. There is concern about what will happen to the ...
In the last few years, synthetic diamonds have gained ground as a staple in fine jewelry. In luxury watches, experimentation with man-made stones has been far slower. But a recent spike in ...
Rio Tinto is offering workers at its Diavik diamond mine an early termination to their employment contracts, in the hopes of saving money in the lead-up to the deposit’s closure. The move is in ...
Watches of Switzerland has acquired New York-based timepiece blog Hodinkee for an undisclosed sum. Why would a UK-headquartered retail corporation be interested in buying an editorial website, and ...