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 ...
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 ...
Sustainability consultant Danielle Keller came on the Rapaport Diamond Podcast to explain her vision for a circular jewelry market in which materials are reused rather than going to waste. “It’s the ...
A Cartier emerald and ruby bracelet was the top seller at the recent Sotheby’s auction in Paris, realizing EUR 480,000 ($523,965). The tutti frutti band, decorated with carved emeralds, rubies, and ...
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 ...
Phillips is set to showcase a ring with a 3.24-carat, fancy-vivid-blue diamond at its upcoming Geneva sale, valuing the piece at up to $6 million. The Geneva Jewels Auction: THREE, which opens at the ...
Sales at India-based jeweler Titan Company increased in the second fiscal quarter as the reduction in import duty on gold products drove jewelry purchases. Jewelry revenue jumped 26% year on year for ...
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 ...