A Third Quarter of Increased Sales at Signet
December 03, 25
Signet reported a third consecutive quarter of increased revenue, with total sales up 3.1 per cent to $1.4bn for Q3 2026. The company credited its Grow Brand Love strategy - a shift from banners to brands introduced by J.K. Symancyk its new CEO... Read More...
Fabergé Egg Reclaims Record with $30.2m Price Tag
December 03, 25Fabergé's iconic Winter Egg, carved from rock crystal for a Russian tsar in 1913 and studded with over 4,000 diamonds sold yesterday (2 December) for $30.2m and reclaimed its world record. The same egg set the world record for the highest price paid at... Read More...
IDEX Polished Price Index Keeps Sliding in November
December 02, 25The IDEX Polished Price Index fell by 1.72 per cent in November as the downward trend continues. Underlying demand remains soft, inventories remain high in key centers, and competition from lab growns is forcing sellers to discount natural stones. The result... Read More...
Lab Grown Workers Strike in "Misunderstanding" on Pay
December 02, 25Hundreds of polishers at Greenlab, recognized as India's largest lab-grown diamond producer, walked out last Friday (28 November) in a row over wages. They gathered at the gates of the factory in Surat following reports that their per-carat fee was to be reduced... Read More...
Sapphire and Diamond Necklace Sells for a Record $16.2m
December 02, 25The Royal Blue, an iconic necklace of 16 Kashmir royal blue sapphires, weighing 104.61 carats, broke two world records when it sold for $16.2m at Christie's Hong Kong. It became the most expensive Kashmir sapphire necklace ever sold at auction, beating... Read More...
Memo by John Jeffay
November 27At the end of the day it was the inclusion of state-armed actors that sank the latest KP attempt to redefine conflict diamonds. Many Western nations said they should be included. Many African nations said they shouldn't. And that's why five days of talks at ... Read More...