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 ...
Gem Diamonds’ revenue and profit rose for the full year as a higher proportion of large diamonds led to an increase in the average price. Revenue from the company’s Letšeng deposit in Lesotho grew 10% ...
Luxury jeweler Leviev has appointed Giovanni Mattera-Vairo managing director as part of an effort to bolster the brand’s presence and accelerate its retail expansion. Mattera-Vairo played a key role ...
Tanishq, a Titan Company-owned Indian jewelry brand, has expanded its US presence to Atlanta and Seattle as it continues its efforts to reach expat consumers living abroad. The company opened the ...
Nicole Clayton will join Pandora as general manager of the British Isles region, succeeding Sonia Lopez Delgado. Clayton has considerable experience at globally recognized consumer goods and fashion ...
Brilliant Earth’s sales slipped 4% year on year to $119.5 million in the fourth quarter as consumers increasingly opted for engagement rings that cost less than $5,000, driving down the average order ...
US couples spent 5% less on engagement rings last year as lab-grown diamond center stones gained in popularity. Consumers who took part in a recent survey paid approximately $5,200 on average for ...
Revenue rose at the International Gemmological Institute (IGI) last year amid increasing demand for synthetic-diamond certification. The India-based lab saw a 17% jump in 2024’s revenue, which came to ...
Namib Desert Diamonds (Namdia) has recovered approximately NAD 40.6 million ($2.2 million) worth of the NAD 314.9 million ($17.2 million) in diamonds that a group of armed robbers stole in January.
Michael Hill has appointed Andrew Lowe as its interim CEO following the sudden passing of former chief Daniel Bracken last week. Lowe will assume the new role immediately, the company said Thursday.
Soaring gold prices and economic challenges have dented Chinese consumer spending while also heightening appetite for valuable investments, industry members explained at the recent Hong Kong ...
Terry Chandler will retire as CEO of the Diamond Council of America (DCA), after more than 24 years at the helm. Chandler first joined the DCA, a nonprofit that provides distance education and ...
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