San Francisco Jeweler Closes after 172 Years
May 19, 24
The oldest jewelry store in the state of California, USA, is closing its doors after 172 years. Shreve & Co has been trading in San Francisco since1852 after George C. Shreve and his nephew joined the California Gold Rush.... Read More...
US Cools on Traceability for Russian Goods
May 19, 24The United States is reportedly softening its position on Russian sanctions, amid suggestions that it may not implement a traceability program like the EU. Miners, manufacturers and retailers have all rallied against... Read More...
US Leads Sales Hike at Watches of Switzerland
May 17, 24Watches of Switzerland (WoS) has reported increased Q4 revenues of $483m, led by a 14 per hike in US sales (at constant currency rates). The UK-based retailer said revenue across its 223 stores was up 4 per cent... Read More...
Shanghai Bourse to Promote Natural Diamonds
May 16, 24Shanghai Diamond Bourse is to promote natural diamonds in China, in cooperation with the World Federation of Diamond Bourses (WFDB). Both sides have signed a memorandum of understanding (MOU) over ... Read More...
6.2-ct Fancy Vivid Pink Fetches $12m
May 16, 24A 6.21-carat fancy vivid pink diamond sold for $12m at Philips Geneva. The pre-sale estimate for the VS1 clarity, Type IIa gem, set in a ring, was $10.5m to $15m. It was the highlight of The Geneva Jewels Auction: Two... Read More...
Memo by Noam Taube, CEO at IDEX Online
May 15Change is coming, and it's coming faster than you think. Rather than fear it, we should embrace it as a gateway to opportunity. The key is being ready and willing to embrace change and to accept you don't know it all. Collaboration is key for the future of our industry.... Read More...