A double-digit drop in the number of in-store crimes was offset by a jump in off-premises attacks, JSA’s 2023 crime report shows.
Rough Diamond Demand Remains ‘Reasonably Positive’
De Beers said rough diamond sales continued to increase in March and April, aided by stable polished diamond prices and wholesale demand.
London--De Beers said rough diamond sales continued to increase in March and April, aided by stable polished diamond prices and wholesale demand.
The miner and marketer said Wednesday that preliminary results for the third sales cycle of the year (Feb. 29 to April 4) indicate that rough diamond sales totaled $660 million, up from $617 million in the second sales cycle.
It also is an improvement from the $545 million in rough diamond sales De Beers reported in the first sales cycle of the year.
De Beers said continued stability in polished diamond prices--which also was noted by Rapaport Group in its most recent monthly report--and wholesale diamond sales created “reasonably positive” demand for rough diamonds.
However, the company is keeping what CEO Philippe Mellier describes as a “prudent mindset” as it heads into a period of the year when rough diamond sales historically have been lower.
The reporting of rough diamond prices by De Beers marks a new era of transparency for the miner and marketer. There is certain data, however, that the company said it won’t disclose for competitive reasons, including year-over-year sales comparisons and the breakdown of auction vs. sightholder sales.
The Latest
Inspired by the Roman goddess of love, the designer looked to the sea for her new collection.
The luxury titan posted declining sales, weighed down by Gucci’s poor performance.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
The selected nine organizations have outlined their plans for the funds.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
Emmanuel Raheb recommends digging into demographic data, customizing your store’s communications, and retargeting ahead of May 12.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Located in the town of Queensbury, it features a dedicated bridal section and a Gabriel & Co. store-in-store.
Ruser was known for his figural jewelry with freshwater pearls and for his celebrity clientele.
The “Rebel Heart” campaign embodies rebellion, romance, and sensuality, the brand said.
Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
The overhaul includes a new logo and enhanced digital marketplace.
The money will go toward supporting ongoing research and aftercare programs for childhood cancer survivors.
A new addition to the “Heirloom” collection, this one-of-a-kind piece features 32 custom-cut gemstones.
Last month in Dallas, David Walton pushed another jeweler, David Ettinger, who later died.
The move will allow the manufacturing company to offer a more “diverse and comprehensive” range of products.
From now through mid-May, GIA will be offering the reports at a 50 percent discount.
De Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
Sponsored by the Las Vegas Antique Jewelry & Watch Show
The Patek Philippe expert will serve as personal curator for the brand-focused company.
The 553-square-foot shop is aboard the Carnival Jubilee cruise ship.
NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.