43% of US Consumers to Spend Less on Holiday Season Jewelry
September 14, 26
Forty-three percent of US consumers say they're planning to spend less on jewelry this holiday season, according to new research from McKinsey & Company. Only 18% said they planned to spend more, while 39% expected to spend about the same.... Read More...
Signet Posts 2.2% Same-Store Sales Growth in Q2
September 14, 26Signet Jewelers posted a 2.2% increase in same-store sales in its second quarter and raised its full-year earnings outlook. That's despite a 0.5% decline in total sales, to $1.53 billion for the 13 weeks ended August 1, 2026, partly because Signet decommissioned... Read More...
Son of Suspected Traveling Jewelry Thief was Wearing $40,000 Rolex
September 14, 26Deputies arrested a suspected "traveling jewelry thief" in Florida, USA, and found his 10-year-old son wearing a $40,000 Rolex watch. The boy's young sister was wearing a stolen high-end necklace, and more stolen jewelry was allegedly hidden inside a child's... Read More...
India's Polished Exports Rise 5.5% in August
September 14, 26India's polished diamond exports rose 5.5% month-on-month to $924.51 million in August. But that was 4.93% below a year earlier, when polished diamond exports reached $972.47 million, according to the latest Gem & Jewellery Export Promotion Council... Read More...
Backlash over Plans for Hatton Garden Heist Themed Bar
September 10, 26Plans to turn the former Hatton Garden Safe Deposit vault in London into a heist-themed wine bar have provoked an angry backlash. Raiders broke into the underground vault over the Easter holiday weekend in 2015 after drilling through a 50cm-thick ... Read More...
Memo by
September 10Diamonds are ancient - billions of years old, known to mankind for millennia and found in deposits across the six continents of Africa, Asia, Europe, North America, South America and Australia. Paraiba tourmaline is a very different story. It's an exceptionally... Read More...