Financial Results


Lucara Found 31 Diamonds Over 100 Carats Last Year

February 25, 2020
Recoveries included the 1,758-carat Sewelô diamond, which it is cutting in partnership with Louis Vuitton.

De Beers Expects to Up Diamond Production This Year

February 24, 2020
The company has a cautiously optimistic outlook for 2020 despite a down year in 2019 and various economic challenges, including coronavirus.

Kering’s Jewelry Houses See Double-Digit Growth in 2019

February 12, 2020
CEO François-Henri Pinault said the company “remains confident” despite the coronavirus’ effect on the key Chinese market.

Like De Beers, Alrosa Sees Improvement in Early 2020

February 11, 2020
It said demand for rough diamonds is “steady” as cutters restocked following a solid holiday season.

E-Commerce Site Farfetch Raises $250M

February 11, 2020
The company plans to put the capital towards its expansion, particularly into the Chinese market.

5 Jewelry News Stories You Might Have Missed

February 7, 2020
Tiffany shareholders approve LVMH deal, suspects charged in theft of an heiress’ jewelry, on-the-ground updates from Tucson, and more.

How Macy’s Plans to Save Itself

February 6, 2020
The retailer has a five-step plan, including closing 125 stores over the next three years and reducing its headcount by 2,000 employees.

Tiffany Shareholders Approve LVMH Acquisition

February 5, 2020
LVMH CEO Bernard Arnault called the approval a “significant milestone” in completing the deal.

Pandora’s Q4 Results Suffer as Weak Sales in China Take A Toll

February 4, 2020
CEO Alexander Lacik told Reuters the jeweler’s business in China is in “standstill mode” as a result of the coronavirus.

5 Jewelry News Stories You Might Have Missed

January 31, 2020
WJA’s first ad campaign, the WDC’s new executive director and more news to catch up on before the Tucson gem shows kick off.

US Gold Jewelry Demand Up 2% in 2019

January 31, 2020
But the jump in the gold price in Q3 contributed to a 6 percent decline in global demand in the full year.

Swatch’s 2019 Sales Weighed Down by Weak Hong Kong Market

January 31, 2020
The Swiss watch company lost $206 million in Hong Kong in the second half of the year alone.

De Beers Reports First Sales Results for 2020

January 30, 2020
Rough diamond sales totaled $545 million in the miner’s first cycle of the year, up compared with the same period last year.

Diamond Production Down for De Beers and Rio Tinto

January 27, 2020
De Beers’ 2019 totals fell 13 percent year-over-year while Rio Tinto’s were down 8 percent.

5 Jewelry News Stories You Might Have Missed

January 17, 2020
Strength in online sales, SEO trends for the new year, the passing of a pearl legend, and more.

Jewelry the Top Performer for Richemont in Q3

January 17, 2020
The owner of Cartier and VCA recorded a 6 percent year-over-year increase in jewelry sales between October and December.

Online Sales Drive Holiday Season Growth for Signet

January 16, 2020
The retailer has upped the number of stores it plans to close from 150 to 165.

Alrosa Ends the Year With a 26% Drop in Sales

January 16, 2020
Sales picked up in the latter half of 2019, but it was not enough to turn around a tough year.

Holiday Sales Wrap-Up: How Did Jewelers Do?

January 9, 2020
Eleven jewelers around the country told National Jeweler how they fared in 2019 and what they predict for the year ahead.

Robbins Brothers CEO Steps Down

January 8, 2020
The jeweler has appointed Chief Financial Officer Marc Friedant to fill the role.
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.