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Latest News & Stories

Swarovski Reports "Strong Progress" in 2023

Swarovski, the family-owned crystal and jewelry company, reported a 4 per cent increase in sales to $1.99bn and 10 per cent like for like growth during 2023. That compares with a with a 10 per cent increase in sales... Read More..

 
Watch Auctions Hit by Severe Downturn in 2023

Watch auctions suffered a "severe downturn" last year, down 13 per cent on a record 2022, as collectors and speculators curbed their spending. Total sales for the major auction houses, Antiquorum, Bonhams... Read More..

Court Directs Surat Bourse to Pay $15m Debt

The troubled Surat Diamond Bourse (SDB) is reported has been given four weeks to repay a $15m debt to a construction company. The Commercial Court in Surat directed SDB management to provide Ahmedabad-based... Read More..

 
G7 Sanctions: Antwerp Traders Complain of Week-Long Delays

Diamond traders in Antwerp say they've been suffering unbearable disruption to supply chains since the latest G7 sanctions on Russia, with many shipments taking more than a week to be cleared. They... Read More..

15.5-ct Fancy Vivid Yellow Diamond Leads Phillips Sale

A 15.51 carat fancy vivid yellow diamond ring leads the Phillips Hong Kong Jewels Auction later this month with an estimate of $950,000 to $1,250,000. The natural color, VS2 clarity, no-fluorescence brilliant-cut... Read More..

 
Almost Half of Couples Buy Lab Grown Engagement Ring

Couples are buying bigger diamonds than ever for their engagement ring, with almost half opting for lab growns. That's according to the Real Weddings Study, by The Knot, which surveyed over 9,000 US couples... Read More..