Browsing: Industry News

The International Gemological Institute (IGI) has announced an initial public offering (IPO) valued at $499 million (Rs 4,225 crore). The…

The Pantone Colour Institute has announced its Colour of the Year for 2025: Pantone 17-1230, also known as “Mocha Mousse.” The…

Boodles has reported a pre-tax profit of £18.1m for the latest financial year, despite a 1.3% dip in sales to…

India, the world’s largest hub for diamond polishing, is intensifying its call for a domestic diamond export certification centre following…

The Company of Master Jewellers (CMJ) has unveiled the CMJ Academy, a complimentary online training resource designed to support retail…

De Beers has released the dates for its 2025 rough diamond sales, confirming 10 sights across the year.At its final…

The National Association of Jewellers (NAJ) has announced the appointment of Mehdi Saadian as its new Vice Chair. Saadian, who serves…

De Beers has reduced prices for its rough diamonds by 10% to 15% at its final sight of 2024, according…

Footfall across UK retail locations fell by 4.5% year-on-year in November 2024, according to data from the British Retail Consortium…

Angola has replaced Russian diamond miner Alrosa with Maaden International, an Omani investment fund, in its diamond-mining operations. Alrosa, the Russian…

The World Platinum Investment Council (WPIC) has forecasted a global platinum supply deficit for the third consecutive year in 2025,…

The UK Jewellery, Silverware, and Allied Crafts (UKJSAC) Roundtable has presented its insights to the Department for Business and Trade…

Recent research from Capital on Tap reveals that UK consumers are willing to pay a premium for jewellery from independent…

Botswana is set to establish an export certification system for rough diamonds in collaboration with the G7 diamond technical team. This…

The diamond industry is navigating a period of significant transformation, as highlighted in a recent report by McKinsey & Company.…

Russia’s state-controlled diamond mining company Alrosa has announced plans to scale back production and reduce its workforce in 2025. This decision,…

Luk Fook has reported a 27.2% decline in revenue for the six months ending 30 September 2024, amounting to HKD…

Digital marketplace Nivoda has announced the successful raising of $51 million in its latest funding round. The funding will support…

The Gemological Institute of America (GIA) has expanded its Board of Governors with the addition of two new members: Lisa…

De Beers Group has launched its ‘Forever Present’ marketing campaign in the United States to promote natural diamonds during the…

Gold prices have hit historic highs, recently surpassing US$2,700 per ounce, sparking industry-wide speculation about what’s driving this surge. While numerous…

A new campaign at London Luton Airport, in collaboration with jeweller Queensmith, aims to protect the element of surprise for…

The European Union (EU) has issued a statement expressing further dissatisfaction with the Kimberley Process (KP) over its inability to…

Paris-based jewellery designer Marie Lichtenberg has launched the 2024 Raiz’in collection, a line of more affordable jewellery inspired by her…

The Positive Luxury Awards has announced the launch of its 2025 programme, which celebrates organisations across the luxury sector that…

A new report, Silence is Golden, jointly authored by The Rt. Hon Dominic Raab and the World Gold Council, reveals…

Several global industry bodies are reportedly working on a new initiative to secure $65 million annually for category marketing, aiming…

Retail footfall across the United Kingdom showed significant growth in Week 46, marking a positive shift in activity levels after…

HB Botswana has announced a 137 million Pula investment (approx USD10million) in its diamond processing operations, aimed at increasing the…

After several months of decline, India’s diamond exports showed growth in October 2024, driven by increasing demand for both natural…