De Beers: Botswana Seeks Gulf Help to Buy Reduced Stake
June 08, 26
Botswana is reportedly seeking financial help from UAE and Oman to buy a reduced stake in De Beers. It had been aiming for overall control of the loss-making miner, but has scaled back its ambitions amid the worst downturn in the diamond industry's... Read More...
US Base Effect Dents Swiss Watch Exports
June 08, 26Swiss watch exports declined sharply during April, largely due to the base effect of a year-on-year comparison with the pre-tariff rush in the US. Overall foreign sales were down 16.6% to CHF 2.1 billion (USD 2.4 billion), according to the Federation of ... Read More...
Titan Officially Launches First Lab Grown Collection
June 07, 26Titan Company officially launched beYon, its first foray into the lab-grown market, on 3 June, marking a strategic pivot for India's largest branded jewelry maker by value. Titan had long resisted lab growns, and even now it is selling them only at.... Read More...
102-ct Blue Sapphire Sells for Almost $2m
June 07, 26The Peacock of Ceylon, a 102.40-carat unmounted sapphire, sold for CHF 1.55 million, or about USD 1.98 million, at Sotheby's Geneva, affirming the strength of the market for unheated colored stones. The cushion-shaped gem was described by... Read More...
Blancpain Recreates Marilyn's Ladybird Watch
June 04, 26Swiss watchmaker Blancpain has recreated seven unique versions of Marilyn Monroe's iconic diamond-encrusted Ladybird watch, to mark the centenary of her birth (1 June 1926). Her original, much-beloved Art Deco watch resurfaced at a 2016... Read More...
Memo by
June 04Marilyn Monroe and Catherine the Great - icons separated by two centuries, but each of them still an active brand ambassador . . . for diamonds. This week was the centenary of Marilyn's birth (1 June 1926) - with exhibitions, celebrations and ... Read More...