Signet Buys The Clear Cut to Boost Blue Nile

May 31, 26 by John Jeffay

ignet has bought The Clear Cut, a high-end, online-only retailer for an undisclosed sum, and will integrate it into its Blue Nile brand. It's part of Signet's "Grow Brand Love" turnaround strategy, unveiled by CEO J.K. Symancyk in March 2025, aimed at ... Read More...

GIA Buys 30% Stake in Tracr

May 30, 26 by John Jeffay

GIA is to buy a 30% share of Tracr, the blockchain-based traceability platform developed by De Beers. The deal, for an undisclosed sum, is likely designed to expand Tracr's reach beyond De Beers stones so it can evolve across the industry. For GIA it reinforces.... Read More...

$25.6m Jadeite Necklace Just Misses World Record

May 28, 26 by John Jeffay

A green jadeite necklace sold for HKD 200.2 million ($25.6 million) at Christie's Hong Kong, narrowly missing a world record. The Ethereal Jadeite Necklace, featuring 61 jadeite cabochon beads, hit its high estimate (HKD 110 million to 200 million).  Read More...

African Producers: Use 4Cs Only for Natural Stones

May 28, 26 by John Jeffay

African diamond producers are calling for lab growns to be measured in grams rather than carats, and for 4Cs grading to be reserved only for natural stones. The African Diamond Producers Association (ADPA) announced the move on Monday (25 May) ... Read More...

Caution among Emerald Buyers, says Gemfields

May 27, 26 by John Jeffay

Gemfields sold $26.8 million of rough emeralds at its May auctions amid cautious demand, and warned it expects to offer a smaller-than-usual selection for sale next month. The UK-based gemstone miner also said it would have to be flexible about... Read More...

Memo by John Jeffay

May 27

India now exports more carats of lab growns than it does natural diamonds - 18.84 million carats versus 16.00 million in the year to March 2026*. It sounds like a big deal, but is it really anything more than the industry reaching an inevitable milestone? ...  Read More...