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Rolex and Bucherer: Future of luxury watch industry still uncertain
Blog

Rolex and Bucherer: Future of luxury watch industry still uncertain

Rolex surprised the international luxury watch industry three weeks ago when it announced the acquisition of Swiss retailer Bucherer. Bucherer has a worldwide store count of approximately 100, with…

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September 7, 2023
Tough sledding: Australian jewellery sales decline in August
Blog

Tough sledding: Australian jewellery sales decline in August

The latest analysis of the Australian jewellery retail market by Retail Edge has confirmed declining sales across August. Overall sales performance decreased by six per cent on a year-on-year…

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September 5, 2023
Rolex rippers: Concerning surge in luxury watch theft
Blog

Rolex rippers: Concerning surge in luxury watch theft

According to The Watch Register, a global database for lost and stolen watches, thefts have increased by 60 per cent in the past year. The London-based company maintains a…

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September 4, 2023
Declining demand: GIA slashes laboratory workforce
Blog

Declining demand: GIA slashes laboratory workforce

The Gemological Institute of America (GIA), the world’s leading authority on research into gemmology, has cut 20 per cent of the workforce at its California headquarters. In late July,…

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September 4, 2023
Sales slide: De Beers sales reach lowest mark of 2023
Blog

Sales slide: De Beers sales reach lowest mark of 2023

The world’s largest diamond mining company, the De Beers Group, has recorded its lowest sales figures of the year in the seventh cycle. The latest sight was held between…

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September 3, 2023
Signet maintains guidance despite declining jewellery sales
Blog

Signet maintains guidance despite declining jewellery sales

Signet Jewelers has reported decreased sales in the second quarter as US consumer spending continues to decline. Revenue for Signet declined by eight per cent, reaching $US1.61 billion ($AU2.49…

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September 3, 2023
Change of pace: Perth Mint appoints new CEO
Blog

Change of pace: Perth Mint appoints new CEO

Former Keystart boss Paul Graham has been named as the new CEO of Gold Corporation, set to take charge of the Perth Mint in November. Graham joined Keystart in…

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September 3, 2023
Lucky numbers: Infinite Blue expected to make waves in Hong Kong
Blog

Lucky numbers: Infinite Blue expected to make waves in Hong Kong

Sotheby’s Hong Kong is offering the 11.28-carat ‘Infinite Blue’ diamond on 5 October in a sale that may generate as much as $US37 million ($AU57 million). The Infinite Blue…

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September 3, 2023
Diamonds For All: Pandora details new jewellery campaign
Blog

Diamonds For All: Pandora details new jewellery campaign

The world’s largest mass-market jewellery company, Pandora, has released the details for a marketing campaign promoting the launch of three new lab-created diamond collections. The ‘Diamonds For All’ campaign…

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September 3, 2023
Michael Hill to launch new high-end diamond jewellery brand
Blog

Michael Hill to launch new high-end diamond jewellery brand

Michael Hill International has announced plans to launch a new jewellery brand targeting high-end consumers called TenSevenSeven. TenSevenSeven will be launched in the first half of next year, focusing…

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August 27, 2023
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