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Monday began with the resignation of Fyodor Andreev, president of Alrosa, the world’s largest diamond producer by volume.
This week, Petra sold its 122.52-carat big blue diamond for $27.6 million, falling short of the world record price for a rough diamond, while Storm Mountain Diamonds uncovered a 23.82-carat pink diamond in the Kingdom of Lesotho.
Although it won’t officially be fall until the autumnal equinox on Sept. 23, it appears the slow-news days of summer are over.
This week, jewelry made an appearance among the equestrian events at the annual Hampton Classic while Leibish & Co. revealed its polished “Purple Orchid” diamond, a fancy intense pinkish-purple stone.
Two awards shows, the MTV Video Music Awards and the Emmys, added some red carpet glamour to an otherwise quiet late August week for the jewelry industry.
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.