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Belgium officials have reportedly informed the media that the diamond import ban will be announced within the next two to three weeks. | Source: Wallpaper Flare

News
Expanded Russian diamond sanctions expected within weeks

Speculation over increased sanctions against Russia’s diamond industry has heightened, with media sources suggesting that new prohibitions will be announced in the coming weeks. Read more »
By market capitalisation, LVMH is the world’s 18th largest company at $US413 billion ($AU624 billion), overseeing 75 brands – including Tiffany & Co. | Shutterstock

News
Succession: What does the future hold for LVMH?

French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) chairman Bernard Arnault has thrown water on speculation about the company's future leadership. Read more »
The research found that lab-created diamond jewellery accounted for 6.3 per cent of all unit sales in August in the US. This was an increase from 4 per cent of sales in 2022. | Source: Lightbox

News
Lightbox shuts down bridal jewellery experiment

Lightbox Jewelry has concluded a trial of engagement rings, indicating that the commercial proposition for many lab-created diamond engagement rings is ‘likely unsustainable’. Read more »
More than 200 pieces of jewellery and gemstones connected with the Austrian Habsburg dynasty will make its first public appearance in nearly a century at an upcoming auction in Geneva. | Source: Sotheby's

News
Vienna 1900: Sotheby’s winds back the clock with jewellery auction

More than 200 pieces of jewellery and gemstones connected with the Austrian Habsburg dynasty will make its first public appearance in nearly a century at an upcoming auction in Geneva. Read more »
Pandora Australia’s David Allen has announced that he will leave the company, ending a 12-year tenure with the world’s largest mass-market jewellery brand. | Source: Ragtrader

News
Farewell: Allen announces departure from Pandora

Pandora Australia’s David Allen has announced that he will leave the company, ending a 12-year tenure with the world’s largest mass-market jewellery brand. Read more »
De Beers will invest $US20 million ($AU31.07 million) in a campaign aimed at ‘supporting consumer demand’ for natural diamonds in the US and China. | Source: De Beers

News
A diamond is forever: De Beers announces $US20 million campaign

The world’s largest diamond mining company, the De Beers Group, has reintroduced the ‘A Diamond Is Forever’ tagline as part of a major marketing campaign ahead of the holiday season. Read more »
The Alrosa 390.7-carat diamond found at the Mayat mine in Yakutia. | Source: Alrosa

News
Major diamond discovery for Russian mining giant

Diamond mining company Alrosa has confirmed the discovery of Russia's largest gemstone-quality diamond in the past decade. Read more »
Located in London, the British Museum is more than 260 years old and attracts visitors from around the world.

News
British Museum’s reputation challenged over jewellery theft

The British Museum is facing an uphill battle to repair its international reputation as a custodian of priceless jewellery as further details emerge about a 20-year-long ransacking. Read more »
To date, Rolex’s only store is located in Geneva, and with the acquisition of Bucherer the company is expected to have a significant presence in consumer sales for the first time. | Source: Bucherer

News
Rolex and Bucherer: Future of luxury watch industry still uncertain

Rolex surprised the international luxury watch industry three weeks ago when it announced the acquisition of Swiss retailer Bucherer. Read more »
Objects from before 1537 and coins dated to before 1650 are considered Norweigan state property and must be reported to authorities when discovered.

News
Find of the century: Metal detectorist discovers hidden treasure in Norway

A Norwegian man has unearthed rare sixth-century gold jewellery in a discovery archaeologists have hailed as Norway’s ‘gold find of the century’. Read more »
Earlier this year, Michael Hill International decided to permanently close its Takapuna store, which was the most ram-raided in its network. | Source: Retail News Asia

News
Retail nightmare: New Zealand jewellers under siege

New Zealand jewellery retailers are continuing to grapple with a devastating crime wave. Read more »
Overall sales performance decreased by six per cent on a year-on-year comparison; however, it improved by 58 per cent compared with 2021. | Source: Freepik

News
Tough sledding: Australian jewellery sales decline in August

The latest analysis of the Australian jewellery retail market by Retail Edge has confirmed declining sales across August. Read more »
In late July, the GIA laid off 151 employees, primarily in its laboratory. The decision was reportedly made due to a declining number of diamonds being submitted for grading. | Source: GIA

News
Declining demand: GIA slashes laboratory workforce

The Gemological Institute of America (GIA), the world’s leading authority on research into gemmology, has cut 20 per cent of the workforce at its California headquarters. Read more »
The London-based company maintains a database of approximately 80,000 luxury watches and, in a statement, said that more than $US1.3 billion ($AU1.55 billion) worth of thefts have now been reported. | Source:Shutterstock

News
Rolex rippers: Concerning surge in luxury watch theft

According to The Watch Register, a global database for lost and stolen watches, thefts have increased by 60 per cent in the past year. Read more »
Discovered in the Cullinan Mine in South Africa, the Infinite Blue is one of few blue diamonds above 10 carats that have appeared at auction. | Source: Only Natural Diamonds

News
Lucky numbers: Infinite Blue expected to make waves in Hong Kong

Sotheby’s Hong Kong is offering the 11.28-carat ‘Infinite Blue’ diamond on 5 October in a sale that may generate as much as $US37 million ($AU57 million). Read more »

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