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Search Results - News, December 2020

your search of 'News, December 2020' has 15 results.

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Engagement rings are bolder than ever before, with a growing trend for less traditional center stones like morganite, sapphire, aquamarine and pearl.

News
Positive news for diamond engagement ring market during COVID

A recent study highlights the effect of the global pandemic on wedding proposals saying that COVID impacted nearly half of the proposals in 2020, however; it offers some positive results for independent jewellers. Read more »
Following years of debate, the committee of the Bharat Diamond Bourse has voted to ‘recognise’ lab-created diamonds.

News
India shifts stance on lab-created diamonds

Following years of debate the Indian diamond industry, including the Gem & Jewellery Export Promotion Council (GJEPC) and the Bharat Diamond Bourse (BDB) in Mumbai, has formalised its 'recognition' of lab-created diamonds. Read more »

News
Best of Tips on Selling: how jewellery retailers can sell more in 2021

Following a year like no other, the world hopes 2021 will get back to some form of normalcy, whatever that may look like. Jewellery retailers and the wider jewellery industry are still assessing how best to operate in a COVID-world. Read more »
This coveted 2.24-carat fancy-vivid-purplish-pink Argyle Eternity pink diamond was sold to Kunming Diamonds. Rio Tinto reported that the Argyle Eternity now ranks as the most valuable fancy-vivid diamond in the event’s 37-year history. Image: Rio Tinto

News
Argyle tender breaks records during pandemic following pink diamond mine closure

Rio Tinto's recent Argyle Pink Diamonds Tender delivered a record-breaking result amidst the global pandemic, and included the sale of a 2.24-carat stone named the Argyle Eternity - the most valuable purplish-pink diamond in the tender's history. Read more »
Jewellery buying groups have thrown their support behind the upcoming Expertise Events Trade Days.

News
Buying groups throw support behind new industry Trade Day events

As a sign of unity to ensure the 2021-year begins on a positive note following a year of upheaval, the jewellery buying groups have thrown their support behind the upcoming Expertise Events Trade Days. Read more »
The Australian fashion jewellery company will enter six new European markets and more than double its French store count with a new acquisition deal.

News
Lovisa plans European expansion after exiting Spanish market

Australian fashion jewellery company Lovisa has acquired the store network of German retail firm Beeline Group, significantly expanding its European presence just three months after it closed all of its Spanish stores. Read more »
The Hong Kong 'twin shows' are the latest to postpone or cancel their 2021 editions as COVID-19 restrictions continue.

News
Hong Kong fairs postponed in 2021; further events cancelled

The Hong Kong Trade Development Council (HKTDC), which organises the Hong Kong International Diamond, Gem & Pearl Show and International Jewellery Show, has postponed both events from March to July 2021. Read more »
The 15.23-carat fancy intense orangey-pink diamond has been cut in a heart shape, and is one of three stones cut from a 46-carat rough mined at the Lulo sit in Angola.  Image credit: Lucapa Diamond Company

News
Australian mining company unveils large heart-shaped pink diamond

Lucapa, a diamond mining company headquartered in Western Australia, has announced that a 46-carat pink rough it mined in March has now been cut and polished into three stones, including a 15.2-carat heart shape. Read more »
The Gem & Jewellery Export Promotion Council has recently held several events – physical and digital – centred on the Jaipur coloured gemstone trade. Image credit: Swastic Exports

News
Indian jewellery industry focuses on Jaipur, gemstones

India’s Gem & Jewellery Export Promotion Council (GJEPC) conducted a series of events in Jaipur during November, including one of the only physical gemstone trade shows to be held during 2020. Read more »
Disgraced Indian jewellery magnate Nirav Modi is accused of fraud and money-laundering; he has been in custody in the UK since March 2019.

News
Nirav Modi extradition case edges forward

The diamond dealer at the centre of the $US1.4 billion ($AU2 billion) Punjab National Bank (PNB) fraud has been scheduled to face his final extradition hearing in January. Read more »
To best accommodate jewellery retailers and buying groups, Expertise Events has updated the schedule and venues for its Trade Days events early next year.

News
New dates for Expertise Events 2021 Trade Days

Expertise Events has announced revised dates for its 2021 Trade Days following the buying groups' strong commitment to support the events. Read more »
Diamond-set jewellery has been the strongest performing category over the past few months, drive by demand for Argyle pink diamonds. Image: Pink Kimberley, SAMS Group

News
Trade Update: Australian jewellery sales data during COVID reveals surprising trends

Sales reports indicate Australian consumers have embraced jewellery spending over the past four months, with diamond-set pieces the leading product category. Read more »
International jewellery company Tiffany & Co. has reported strong sales for the third-quarter of 2020, led by Mainland China. Image: A Tiffany & Co. store in Shanghai's Hong Kong Plaza.

News
Tiffany & Co. sales near pre-pandemic levels

Despite the COVID-19 pandemic, Tiffany & Co.’s worldwide sales totalled $US 1 billion in the third quarter of 2020, down only 1 per cent from 2019, driven by the Chinese market and e-commerce. Read more »
Police have raided addresses across Berlin and made three arrests in relation to the Dresden Green Vault heist, which saw priceless historic jewellery stolen last year. Image credit: EPA

News
Arrests made one year after Dresden Castle jewel heist

German police have detained three people from a Lebanese ‘crime family’ suspected of stealing priceless jewellery from a Dresden museum in 2019. Read more »
Several major manufacturers of lab-grown diamonds, including WD Lab Grown Diamonds and Pure Grown Diamonds, have ended their legal battle over patented processes.

News
Lab-grown diamond companies settle patent dispute

WD Lab Grown Diamonds and the Carnegie Institute of Washington have settled their legal battle with Pure Grown Diamonds and IIa Technologies over lab-grown diamond patents.  Read more »

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