News

News

ALROSA to hold 30 overseas auctions of large diamonds

ALROSA is planning to hold 30 international auctions of special size rough diamonds weighing more than 10.8 carats in 2018, including six at the Israel Diamond Exchange (IDE).

Alrosa surprises with generic diamond marketing campaign

Russian diamond mining giant Alrosa is the latest large industry player to enter the field of generic marketing of diamond jewelry.

Do Consumers Care About Origin the Of Diamonds?

There is a very blunt question that is often raised by diamantaires: do consumers care enough about the origin of diamonds to ask the question when they are in a store and considering purchasing an item of diamond jewelry.

De Beers Adopting Blockchain as Tracking Solution

In what is likely to be a huge boost to the future adoption of blockchain technology by the diamond trade globally, De Beers has announced that it will be adopting blockchain-based technology to enable greater tracking of its diamonds.

Diamond Firms Raised Spending to Boost Demand, Says Bain & Co

Rough diamond miners are seen increasing their marketing spend by about 50 percent over previous years to promote diamond jewelry sales, according to Bain & Co’s just released seventh annual Global Diamond Report.

IDWI 2018 to Feature High End Diamond Jewelry
The 7th IDWI, to be held by the Israel Diamond Exchange from February 5 – 7, 2018, will feature a section devoted to high end diamond jewelry manufactured by Israeli diamond companies.
IDWI 2018 Invites Buyers to Combine Business and Pleasure

The Israel Diamond Exchange (IDE) is inviting international buyers to combine business with pleasure when they attend the seventh International Diamond Week in Israel (IDWI) from February 5 – 7, 2018.

U.S. Survey: Tiffany Among Well-Off Millennials’ Favorite Luxury Brands

A survey of well-to-do Millennials in the United States found that Tiffany & Co was its favorite brand in the jewelry sector, according to a consumer research study conducted by MVI Marketing LLC (MVI).

Erik Jens to Leave ABN AMRO Diamond & Jewelry Clients Post

Erik Jens, who has headed ABN AMRO Bank's Diamond & Jewelry Clients (D&JC) unit for five years, is leaving his position, the bank announced.

The 7th IDWI to Feature Technology theme
The role of new technology in upgrading the diamond industry, today and in the future
Sharp Drop in India’s Diamond Trade in October

With dealers and manufacturers off for the Diwali festival, India’s diamond trade saw a noteworthy slowdown in October.

Big Rise In Net Profit For Chow Tai Fook Jewellery

The Chow Tai Fook Jewellery Group, which is based in Hong Kong and one of the largest jewelry retailers in the world, posted a 46% jump in net profit to approximately $227 million in the first half of fiscal year 2017/2018.