The number of US jewelry businesses that closed their doors increased 15% in 2024, according to the Jewelers Board of Trade (JBT). A total of 720 firms discontinued operations during the year, ...
Monnickendam Diamonds has hired Matthew Girling, an industry veteran with 45 years of experience in the jewelry business, as its chief of staff. Girling qualified as a gemologist with the Gemmological ...
Rio Tinto’s diamond output rose in the fourth quarter as the company continued to ramp up production following a temporary closure to deal with ground sinkage, and the move to underground mining at a ...
There were more carats than celebrities on the red carpet at the 2025 Golden Globes on Sunday, with statement necklaces and intricate brooches capturing the spotlight. From oversize diamond chokers to ...
Signet Jewelers’ stock fell 20% as the retailer reduced its guidance following lower-than-expected holiday sales. Same-store sales — at branches open for at least 12 months — slipped 2% year on year ...
Julia Hackman Chafé and Monica Elias have joined the board of Diamonds Do Good, and will help the organization enhance its consumer reach. Chafé is a third-generation gemstone dealer who moved into ...
Revenue at Richemont’s jewelry brands grew in the third fiscal quarter amid a resurgence in demand in all regions, primarily the Americas and Europe. Sales at Cartier, Van Cleef & Arpels, Buccellati, ...
Macy’s will shutter 66 locations across the US as part of its new strategy to focus on removing underproductive stores in an effort to increase profitability. The move is part of a wider plan to close ...
An international investor has purchased 71 million shares in mining company Star Diamond that belonged to a previous partner of its Fort à la Corne diamond-exploration project. The unnamed investor ...
The Diamond Council of America (DCA) and Jewelers of America (JA) have reopened a fund dedicated to collecting donations for those in the industry who have been affected by California wildfires. The ...
Susan Jacques will retire from her role as president and CEO of the Gemological Institute of America (GIA) at the end of 2025, following an 11-year tenure. Jacques took on the position in 2014 after a ...
Zambia has reintroduced a 15% export duty on all precious gemstones, posing a major hurdle for Gemfields, which operates the country’s Kagem emerald mine. The government revoked the 2019 duty ...