888.88-ct Black Diamond Unveiled in Dubai
October 28, 26
An 888.88-carat fancy black diamond, fashioned from a 1,138-carat rough stone, has been unveiled, for the first time, in Dubai. The diamond, named Infinity, was presented by Antwerp-based Diamond Trading NV at the Dubai Diamond Conference on... Read More...
Natural Diamond Industry at 'Defining Moment,' says DMCC Chairman
October 27, 26The natural diamond industry is at a "defining moment", according to DMCC executive chairman Ahmed Bin Sulayem. He called for coordinated action to restore consumer confidence, create new sources of value and address pressures extending well beyond ... Read More...
Lab Growns Drive 73% of IGI Certification Revenue Growth
October 27, 26Lab grown diamonds accounted for nearly three-quarters of International Gemological Institute's (IGI) certification revenue growth in the second quarter (to September 30), highlighting the company's growing reliance on the segment. Certification revenue from ... Read More...
Man Convicted after Swallowing $769,500 Tiffany Earrings
October 27, 26A man has been convicted of robbery and grand theft after stealing two pairs of diamond earrings worth $769,500 from a Tiffany & Co. store in Orlando, Florida, and swallowing them after his arrest. A jury found Jaythan Gilder guilty on October 22, following ... Read More...
Kering Jewelry Sales Rise 12% in Third Quarter
October 26, 26Kering's jewelry division increased third-quarter revenue by 12% to EUR 239 million ($277 million), supported by growth at Boucheron and Pomellato, making it one of the stronger performers within the group. The French luxury conglomerate reported its ... Read More...
Memo by John Jeffay
October 21France has a long and fascinating history of royal diamond thefts. During the French Revolution, in September 1792, thieves looted the royal storehouse in Paris, stealing three of the most celebrated diamonds in the French Crown Jewels: the 69-carat French Blue... Read More...