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An armed robbery took place at a jewellery store on Bowral’s Bong Bong Street last week.

News
Armed robbery at Bowral jewellery store

Police are investigating an armed robbery of a jewellery store in the NSW town of Bowral, which left a 75-year-old man injured. Read more »
The world’s first online trading platform and price list for synthetic diamonds has been established.

News
Lab-Grown Diamond Exchange launches in New York

The world’s first online platform designed specifically for buying and selling synthetic diamonds was launched this week, alongside a Laboratory-Grown Diamond Price Index. Read more »
 A collection of eight synthetic diamond engagement rings will be stocked in selected Michael Hill stores and on its website.

News
Michael Hill launches lab-grown diamond rings

Jewellery chain Michael Hill International now sells a range of synthetic diamond engagement rings online and in 23 stores across Australia, New Zealand and Canada. Read more »
Les Georgettes has closed its Australian office.

News
Les Georgettes closes Australian office

The local office of Les Georgettes by Altesse is no longer operating, though retail accounts will remain open. Read more »
Tiffany & Co. has reportedly rejected LVMH’s initial takeover offer – but has not ruled out a future deal.

News
Tiffany & Co. leaves door open to LVMH takeover

International jewellery company Tiffany & Co. has rejected Moët Hennessy-Louis Vuitton SE (LVMH)’s $US14.5 billion takeover offer but remains receptive to a higher bid, according to media reports. Read more »
Pandora Jewellery has released a disappointing interim report, but management remains optimistic.

News
More disappointing results for Pandora

In its first quarterly report since its high-profile ‘brand re-launch’ in August, international jewellery company Pandora confirmed global sales and revenue have fallen once again. Read more »
Seiko and Grand Seiko will not attend Baselworld in 2020, after exhibiting at the show for more than 30 years.

News
Another Baselworld casualty: Seiko pulls out

Seiko has announced its two brands, Seiko and Grand Seiko, will not exhibit at Baselworld in 2020. Read more »
The ram raiders targeted a jewellery store inside the Orion Springfield Lakes shopping centre.

News
Teens charged following jewellery store ram raid

An 18-year-old man and a 16-year-old boy have been charged with armed robbery and related offences following an attack on an Ipswich shopping centre last weekend. Read more »
The record-breaking Princie Diamond is currently the subject of a complex legal dispute.

News
Christie’s hit with $40 million pink diamond lawsuit

International auction house Christie’s is embroiled in a legal dispute with an Italian family over the Princie Diamond, which it sold for nearly $US40 million in 2013. Read more »
De Beers’ annual diamond report has revealed details of consumer behaviour and marketing opportunities.

News
Women spend more on diamond rings than men: De Beers

Diamond mining company De Beers has released its annual Diamond Insight Report, reflecting on the state of the industry over the past 12 months. Read more »
Tiffany & Co. was forced to move out of its long-standing store on Martin Place to make way for the Sydney Metro development.

News
Tiffany & Co. sues NSW Government for more than $100m

The Australian arm of US jewellery company Tiffany & Co. has commenced legal proceedings against the NSW Government’s Sydney Metro agency. Read more »
Iconic jeweller Tiffany & Co. may be acquired by a French luxury group.

News
LVMH confirms plans to buy Tiffany & Co.

French luxury conglomerate Moët Hennessy–Louis Vuitton SE, known as LVMH, has submitted a non-binding offer to acquire Tiffany & Co. Read more »
Following another successful Bharat Diamond Week, the Bourse may consider allowing synthetic diamond trading.

News
Lab-grown trading on agenda for Bharat Diamond Bourse?

Bharat Diamond Bourse (BDB) has hinted that it may allow the trading of synthetic diamonds, following another successful edition of Bharat Diamond Week (BDW) on 14–16 October. Read more »
The 19th annual ICA Congress had a record number of delegates in attendance and addressed numerous issues facing the coloured gemstone sector. Credit: ICA

News
Successful Bangkok gemstone congress adds new membership

This year’s International Colored Gemstone Association (ICA) Congress, held in Bangkok from 12–15 October, saw record attendance numbers, with 370 delegates from 26 countries taking part. Read more »
SCS Global Services is putting synthetic diamond producers’ sustainability claims to the test.

News
Synthetic diamonds assessed for sustainability

Several synthetic diamond producers have agreed to a third-party audit as part of developing an independent sustainability certification for lab-grown stones. Read more »

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Tuesday, 19 November, 2019 03:54pm
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