Signet Buys Blue Nile for $360M
Signet Jewelers has signed a deal to acquire online retailer Blue Nile for $360 million in cash.[…]
De Beers Cautious Following Sales Jump
De Beers’ revenue rose 24% in the first half of 2022, but the miner gave a more[…]
GIA Launches Diamond Origin Service
The Gemological Institute of America (GIA) has begun accepting submissions for a new service providing consumers with[…]
Lucapa Unearths 170ct. Pink from Lulo
Lucapa Diamond Company has recovered one of the largest pink diamonds in history: a 170-carat stone from[…]
Double the pain for Surat diamond industry as demand falls, costs rise
Rough diamond prices have increased by 10-15 per cent in the last one and half months amid[…]
US Jewelry Industry Shrinks as Closure Rate Grows
The number of active US jewelry companies continued to decline in the second quarter, according to the[…]
How a 910ct. Rough Became a Sparkling Van Cleef Collection
The Baselworld fair has received much criticism in recent years, but one of the final shows before[…]
Luxury jeweler Graff Diamonds pays $7.5 million worth of Bitcoin in ransom to Russian hackers
A damaging ransom attack has forced luxury British jeweler Graff Diamonds to pay $7.5 million worth of[…]