There was good news for the retail jewelry industry in the United States during the Christmas holiday season with credit card giant Mastercard reporting that holiday sales increased with jewelry sales leading the way – jumping 5.9 percent.
ALROSA is planning to hold 30 international auctions of special size rough diamonds weighing more than 10.8 carats in 2018, including six at the Israel Diamond Exchange (IDE).
Russian diamond mining giant Alrosa is the latest large industry player to enter the field of generic marketing of diamond jewelry.
There is a very blunt question that is often raised by diamantaires: do consumers care enough about the origin of diamonds to ask the question when they are in a store and considering purchasing an item of diamond jewelry.
In what is likely to be a huge boost to the future adoption of blockchain technology by the diamond trade globally, De Beers has announced that it will be adopting blockchain-based technology to enable greater tracking of its diamonds.
Rough diamond miners are seen increasing their marketing spend by about 50 percent over previous years to promote diamond jewelry sales, according to Bain & Co’s just released seventh annual Global Diamond Report.
A survey of well-to-do Millennials in the United States found that Tiffany & Co was its favorite brand in the jewelry sector, according to a consumer research study conducted by MVI Marketing LLC (MVI).
Erik Jens, who has headed ABN AMRO Bank's Diamond & Jewelry Clients (D&JC) unit for five years, is leaving his position, the bank announced.
With dealers and manufacturers off for the Diwali festival, India’s diamond trade saw a noteworthy slowdown in October.
The Chow Tai Fook Jewellery Group, which is based in Hong Kong and one of the largest jewelry retailers in the world, posted a 46% jump in net profit to approximately $227 million in the first half of fiscal year 2017/2018.