State Aid for Swiss Watchmakers
September 10, 24Two Swiss watchmakers have confirmed they're relying on government help to pay workers, as they battle an ongoing downturn in demand. Luxury brands Girard-Perregaux and Ulysse Nardin, which were sold off earlier... Read More...
Lusix Loses $65m as Lab Grown Prices Plunge
September 10, 24Lusix, the lab grown company facing insolvency, has lost $65m since 2022 according to a court-appointed trustee in Israel. The company has been struggling as competition from India drives down lab grown prices, but this is ... Read More...
"Clear Signs" of Diamond Recovery in India
September 09, 24There are "clear signs" that the diamond industry is recovering in India, according to a letter from the GJEPC and the Bharat Diamond Bourse (BDB). Supply and demand are more closely aligned they say, citing reductions in... Read More...
OJ Simpson's Ashes Turned into Jewelry
September 09, 24The remains of OJ Simpson have been turned into lab grown gems for his four children. His attorney and executor Malcolm LaVergne said Arnelle, Jason, Sydney and Justin each now had a jewelry item as a keepsake.... Read More...
Memo by John Jeffay
September 05Fancy color diamonds - pinks, blues, yellow and more - have long been seen as a safe haven for investors. They hold their value even when economic upheavals hit their colorless counterparts. As the prices of colorless diamonds fell during every quarter of 2022... Read More...