Amber heavyweights to be put up for sale

The Kaliningrad Amber Combine (part of the Rostec State Corporation) announced an online auction of exclusive amber to be held on October 27 at 12:00 local time (13:00 Moscow time) online. The bidding will take place on the electronic...

Today

CTF tests its lab-grown brand 'Cama' on Tmall website

Hong Kong-based giant retailer Chow Tai Fook (CTF) has recently launched its lab-grown brand ‘Cama’ on a Chinese business-to-consumer website, according to reports in the media.

Today

Tiffany & Co. partners with Reliance Group to launch e-commerce platform in India

Tiffany & Co., in partnership with Reliance Group of India, has launched its local e-commerce site, tiffany.co.in. The online portal will mirror the products seen in offline stores and sell the iconic jewellery Brand's collections of gemstones, diamonds...

Today

KPCSC demands an end to the flow of ‘conflict diamonds’

The Kimberley Process Civil Society Coalition (KPCSC), which acts as an observer of the Kimberley Process on behalf of civil society, has demanded action from members of the diamond mining and jewellery industries to stop the ‘ongoing flow of...

22 october 2021

Antwerp welcomes DRC minister of mines

Antwerp, led by umbrella organization AWDC welcomed the new minister of mines of the Democratic Republic Congo, Antoinette N’Samba Kalambayi and the general directors of the ministry’s two main diamond institutes, the Center for Evaluation, Expertise...

22 october 2021

Luxury Giants Like Louis Vuitton Are Falling for Big Gems

18 february 2021
(New Your Times) - A handful of huge diamonds has arrived in the world of high jewelry that could alter the entire business. In January 2020 Louis Vuitton, the world’s most valuable luxury brand, revealed it had bought the second-largest rough diamond ever mined. It bought the 1,758-carat Sewelô for an undisclosed amount in collaboration with Lucara Diamond Corporation and HB Company. But it turns out the brand’s appetite for great big diamonds was just beginning. In November, it purchased a smaller, but still uncommonly large, rough diamond, the 549-carat Sethunya. The acquisitions are compelling evidence that Vuitton, the star of the sprawling LVMH Moët Hennessy Louis Vuitton luxury conglomerate founded by Bernard Arnault, is polishing its high jewelry credentials. And it is not alone.