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 diamond industry is undergoing a significant and transformative shake-up. With a major dip in natural-diamond prices, many companies have either diversified their operations to include both ...
Jewelry specialists Anellie Manolas and Susan Abeles met while working at Bonhams in 2012. Describing themselves as “kindred spirits,” they share the same passion for researching pieces in-depth.
The drop in diamond recoveries is a response to market conditions, but also a reflection of diminishing prospects for viable new mines. Diamond miners are postponing sales and reviewing their ...
Loose-diamond trading exceeded exhibitors’ low expectations at this week’s Hong Kong show as buyers from around the world helped offset slow Chinese demand. Sentiment was positive and inquiries were ...
As the luxury market sharpens its focus on a more sustainable future, the biggest names in watchmaking are embracing new eco-friendly practices to minimize their environmental impact. What steps are ...
Weak demand and a supply glut have created a perfect storm for manufacturers. But the only true solution is at the consumer level. Talking to diamantaires in recent weeks, one trend stands out. Indian ...
It was still late 2022 when signs started to emerge that a market slump was on its way. Dealers and retailers reported a sluggish holiday compared with 2021’s record season. Mastercard SpendingPulse ...
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 ...
There’s anticipation in the air as two young miners follow their sorting supervisor into a tin-roofed structure atop a mound at the Baken mine. A sign at the entrance announces the space as the ...
Italian gemological lab Gem-Tech has warned the trade that a number of lab-grown diamonds circulating in the country are being sold as natural. Three stones were submitted to the lab accompanied by ...
The European Union is prepared to impose import tariffs on US goods, including diamonds, gemstones and metals used in jewelry making, in response to “unjustified” taxes President Donald Trump has ...