News

The August issue of the Rapaport Research Report outlines the trade’s options, from expediting exports to seeking out low-duty routes. The diamond and jewelry trade is seeking solutions to US tariffs ...
Swiss watch exports increased as US importers ordered higher volumes of goods to accumulate stock for the holidays.
State-owned diamond miner Endiama financed the construction of a university campus in the province of Lunda-Norte, Angola, which launched last week. The company invested over $69 million in the ...
Pandora will close approximately 100 underperforming stores in China to “optimize the store network,” even as overall revenue rose.
De Beers is carrying out substantial layoffs in its trading department as the diamond giant continues to respond to the market downturn.
Sarine Technologies has signed an agreement to purchase a stake of just over 33% in Kitov.ai, completing a deal it announced in February.
Rough-diamond shipments into some of the most important trading centers surged in July, raising questions about the state of the market.
US retail sales rose in July as consumers took advantage of special summer deals ahead of the higher tariff rates.
Industry veteran Dev Shetty has purchased Lucapa Diamond Company and all of its assets through his Dubai-based conglomerate Gaston International DMCC. Gaston is part of Shetty’s Jemora Group, which ...
Revenue from the retail division of Warren Buffett’s Berkshire Hathaway conglomerate rose in the second quarter.
Bonas Group will offer $90 million in rough diamonds from various countries in four simultaneous tenders in Antwerp. The sales, which will take place during the first week of September, will consist ...
Titan said it would stand back and see what happens with tariffs before deciding how to restructure its business to offset the impact.