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diamond jewelry

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Fosun Group considering sale of International Gemological Institute
Blog

Fosun Group considering sale of International Gemological Institute

Representatives from the International Gemological Institute (IGI) have confirmed reports that owner Fosun Group is exploring avenues for the sale of the diamond grading laboratory network. In 2018 the…

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January 15, 2023
EU exploring further sanctions against Russian diamond industry
Blog

EU exploring further sanctions against Russian diamond industry

There have been renewed calls from within the European Union to place further sanctions on Russia's diamond mining industry in response to the invasion of Ukraine. Diplomats from Poland…

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January 15, 2023
Loyalty program boom for Michael Hill jewelry sales
Blog

Loyalty program boom for Michael Hill jewelry sales

Michael Hill International CEO Daniel Bracken has lifted the lid on the Australian jewelery retailer's impressive sales performance during the pandemic, and in the year that followed. Like many…

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January 9, 2023
Diamond industry experts share expectations for 2023
Blog

Diamond industry experts share expectations for 2023

As suppliers and retailers alike bid farewell to a tumultuous and unpredictable 2022 and look ahead to the new year, diamond industry experts have shared their vision of the…

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January 8, 2023
De Beers extends sightholder contracts
Blog

De Beers extends sightholder contracts

The world's largest diamond mining company, the De Beers Group, has extended exclusive sightholder contracts for an additional year. A sightholder is a company placed on De Beers' Global…

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December 6, 2022
Sales dip during November for Australian jewelers
Blog

Sales dip during November for Australian jewelers

The latest market analysis from Retail Edge has noted a drop in sales for Australian jewelery retailers in November compared with recent years. Reports using data compiled from more…

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December 1, 2022
Stunning diamond necklace leads auction in Hong Kong
Blog

Stunning diamond necklace leads auction in Hong Kong

Christie's Hong Kong Magnificent Jewels sale was headlined by the sale of a platinum necklace featuring 104 carats of D-colour diamonds. The 28 November auction netted $US46 million ($AU68.7…

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November 29, 2022
Record for most expensive diamond sold online shattered
Blog

Record for most expensive diamond sold online shattered

A new world record has been set for the most expensive online sale of a single diamond. A 59-year-old US businessman purchased a 21.01-carat D-colour internally flawless diamond via…

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November 10, 2022
Sales rise for Pandora in Q3, forecast remains positive
Blog

Sales rise for Pandora in Q3, forecast remains positive

The world's largest mass-market jewelry brand, Pandora, reported a three per cent rise in sales in third quarter of 2022. Sales reached $US706 million ($AU1.09 billion) for the three-month…

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November 9, 2022
Fortune Pink fails to reach high estimate
Blog

Fortune Pink fails to reach high estimate

The remarkable Fortune Pink diamond was auctioned at Christie's Magnificent Jewels sale on 8 November for $US28.8 million ($AU44.79 million). It was hoped that the 18.18-carat pear-shaped fancy vivid…

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November 9, 2022
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