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Diamond Jewelery

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Signet reviews forecast following sales decline
Blog

Signet reviews forecast following sales decline

Signet Jewelers has lowered its forecast for the remainder of the year after sales declined in the opening quarter. Revenue for the world's largest retailer of diamond jewelery decreased…

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June 12, 2023
De Beers denies violating Russian diamond sanctions
Blog

De Beers denies violating Russian diamond sanctions

The world's largest diamond mining company, the De Beers Group, has issued a statement denying claims it sold diamonds sourced from Russia. Last week, 'luxury' publication Glitz.Paris reported that…

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May 31, 2023
Stunning Bulgari blue diamond brings in .9 million
Blog

Stunning Bulgari blue diamond brings in $37.9 million

The Bulgari Laguna Blue, a pear-shaped fancy vivid blue diamond, has been sold for $US25.5 million ($AU37.9 million) at Sotheby's Geneva. The diamond comfortably exceeded its pre-sale estimate after…

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May 18, 2023
De Beers delays rough diamond sales as demand decreases
Blog

De Beers delays rough diamond sales as demand decreases

The world's largest diamond mining company, De Beers Group, has postponed its fifth and sixth sales cycles for the year amid concerns about dwindling international demand. The fifth cycle…

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May 17, 2023
Bulgari blue diamond expected to headline Geneva Luxury Week
Blog

Bulgari blue diamond expected to headline Geneva Luxury Week

Sotheby's Geneva Luxury Week will be headlined by the sale of a fancy vivid blue diamond which is expected to carry a price tag of $US25 million ($AU37.6 million). …

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May 1, 2023
GIA returns to printed diamond dossiers amid backlash
Blog

GIA returns to printed diamond dossiers amid backlash

The Gemological Institute of America (GIA) has responded swiftly to industry criticism over the decision to issue digital grading reports, confirming a return to paper certification. In June of…

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April 10, 2023
De Beers says lab-created diamond category ‘distinct and separate’
Blog

De Beers says lab-created diamond category ‘distinct and separate’

In an address to the Israel Diamond Conference, De Beers co-chair Bruce Cleaver has asserted his belief that 'natural' diamonds and lab-created diamonds can co-exist in the jewelry market. …

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April 2, 2023
New program to help retailers increase diamond jewelery sales
Blog

New program to help retailers increase diamond jewelery sales

The Natural Diamond Council (NDC) has outlined plans for a new educational program aimed at helping retailers improve diamond jewelry sales. A recent study commissioned by the NDC found…

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March 25, 2023
Diamond sales continue to slow for mining giant
Blog

Diamond sales continue to slow for mining giant

De Beers Group, the world's largest diamond mining company, has published the results from its second sales cycle for 2023, identifying another decrease in sales. De Beers hosts 10…

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March 10, 2023
Optimism following February’s retail jewelery analysis
Blog

Optimism following February’s retail jewelery analysis

Retail Edge's latest analysis of sales performance in Australian independent jewelery stores has revealed positive trends in February. In terms of data January was curiousas a decline in comparative…

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March 2, 2023
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