ALROSA is carrying out geological exploration of Mir Mine

The company said on Friday that it had started drilling for further exploration of the Mir kimberlite pipe as part of its strategic investment plan to renew production at this unique diamond deposit.

Yesterday

Yuri Dudenkov, former Vice President of ALROSA dies

Yuri Dudenkov, a former Vice President of ALROSA, who oversaw the company's sales policy, died yesterday.

Yesterday

IIJS Signature’s ‘Special Design Pavilion’ to support women entrepreneurs & designers

This year, IIJS Signature 2020 scheduled from February 13 to 16 in Mumbai, will have a special Design Pavilion, which will feature the works of nine hand-picked women entrepreneurs and nine budding jewellery designers.

Yesterday

Signet Jewelers reports fiscal 2020 Holiday season sales

Signet Jewelers Limited, the world's largest retailer of diamond jewelry, announced its sales for the 9 weeks ended January 4, 2020 (“Holiday Season”).

Yesterday

Zim lack of substantive diamond policy a cause for concern – report

The lack of a substantive diamond policy in Zimbabwe is a cause for concern, according to a local civic society organisation.

Yesterday

These Common Pricing Mistakes Destroy Luxury Brands

15 january 2020

(jingdaily.com) - Pricing is one of the most difficult tasks for luxury brands to manage. Even leading brands and seasoned managers fall into the same trap over and over: pricing based on cost and competitors. Because of this, we see a lot of untapped optimization potential in luxury pricing. Many luxury brands are not profitable enough because they make pricing mistakes. But what’s even worse is when their incorrect pricing erodes hard-won luxury positioning with customers. When luxury brands fail and disappear from the market, incorrect pricing is often to blame. It surprises many to learn that many luxury brands are priced too low thanks to bad internal strategies.