"Diamonds Across Time" is now available for purchase online

"Diamonds Across Time," the World Diamond Museum's first book in the series of Facets of Mankind publications, is now available for purchase online. The book was compiled and edited by the World Diamond Museum’s chief curator and world...


Hong Kong’s jewellery and luxury goods retail sales dip 26.6 % y-o-y in October

As per the figures announced by Census and Statistics Department on December 1, 2020, Hong Kong's retail sales continued to decline in October. However, the figures indicated that the dip was at a much softer pace.


Gem Diamonds recovers 179ct diamond at Lesotho mine

Gem Diamonds says it recovered a 179 carat high quality white Type I diamond at its Letšeng mine, in Lesotho, last week. It tweeted that the latest recovery was the company’s 16th diamond of over 100 carats unearthed at Letšeng this year.


Diamcor Q2 revenue dips to $339k

Diamcor Mining sold 2,426.63 carats of rough diamonds from its Krone-Endora at Venetia project, in South Africa generating revenue of $339,280 in the second quarter compared to $730,692, a year earlier.


De Beers outlines ambitious plans for next decade

De Beers has announced 12 ambitious sustainability goals for the coming decade, which will see it ethically source diamonds, achieve gender parity throughout its workforce and being carbon neutral within its operations by 2030.


End of duty-free 'will cost billions': Luxury goods firms including Gucci and Tiffany warn that ending VAT refunds will hit UK economy hard

19 november 2020

(dailymail.co.uk) - Eleven top luxury brands, including Gucci, L'Oreal and Tiffany, have warned that the end of duty-free shopping will cost billions and hit the UK economy at the 'worst possible time'. Chancellor Rishi Sunak is ending VAT refunds for international visitors to British shops from January 1. It is estimated the move could lead to up to 138,000 job losses and cost the economy £3.5billion. British holidaymakers will also be hit by extra taxes at the till as savings for travellers leaving the UK will be restricted to alcohol and tobacco.