Industry veteran Dev Shetty has launched a new auction house for high-value gemstones that aims to bridge the gap between owners and buyers. Dubai-based Jemora Gemhouse will feature stones certified ...

The Indian government will allow companies to import a portion of natural polished diamonds under 0.25 carats free of duty under a program that went into effect this week. The Diamond Imprest ...

The personal luxury-goods market experienced its first decline in 15 years, slipping 2% to EUR 363 billion ($377.47 billion), according to Bain & Company’s latest luxury study. “Global luxury ...

The Fancy Color Research Foundation (FCRF) has named Roy Safit as its new CEO, to succeed Miri Chen. Safit took up the position on January 1, the foundation said Monday. He will focus on directly ...

Lesotho has launched a manufacturing association with the goal of keeping more diamond value within the country. The Lesotho Diamond Manufacturers Association (LDMA), the first of its kind in the ...

Two people have died in an armed heist in which robbers stole diamonds from Namdia Desert Diamonds, a sales and marketing company the Namibian government owns. Intruders broke into the Namdia premises ...

Diamond producers are adapting to lower rough demand in the long term as the industry’s approach to inventory has changed, consultant Eyal Axelrod said on a special video episode of the Rapaport ...

Vicenzaoro saw high attendance, signaling solid orders by retailers restocking after the festive season. US retailers were out in force at the Italian Exhibition Group (IEG) event staged in the ...

The World Federation of Diamond Bourses (WFDB) has rejected a statement the Philux Global Group made claiming it has a connection with the Asian Diamond Exchange. The federation explained that the ...

The Antwerp World Diamond Centre (AWDC) is asking the Belgian government to help improve the operating environment in the country following a “crisis” year for the industry. Last year saw a 25% ...

Poor results at the US’s largest diamond retailer reflected a fragmented and changing market rather than a crisis in consumer demand. Signet Jewelers’ disappointing holiday results had a dampening ...

US retail sales hit record growth during the recent holiday season, verging on pre-pandemic levels, thanks to lower inflation and a strong job market. Consumers spent $994.1 billion over the ...