Polished diamond news

  • 3% Dip in LVMH's 2024 Watch and Jewelry Sales
    on 30 January 2025 at 5:00 am

    LVMH saw revenue from watches and jewelry slip by 3 per cent to $11bn (€10.6bn) during FY2024, although there was notable surge during the final quarter. Across all its 75 maisons the French luxury conglomerate reported a 2 per cent...

  • Biggest Fall in a Decade for Fancy Color Prices
    on 28 January 2025 at 7:00 am

    Fancy color diamonds prices in 2024 suffered their biggest annual fall since the Fancy Color Research Foundation (FCRF) launched its Index in 2014. The Index, which tracks the prices of all sizes and intensities of yellow, pink and blue diamonds...

  • WFDB Launches Natural Diamond Campaign
    on 26 January 2025 at 4:00 am

    The World Federation of Diamond Bourses (WFDB) has launched a social media campaign to promote natural diamonds. It follows calls by the federation's president Yoram Dvash for long-term, coordinated and consistent campaigns to counter....

  • Interior Minister Backs Antwerp's Diamond Plea
    on 23 January 2025 at 7:00 am

    Belgium's minister of the interior has backed industry calls for the government to support the diamond sector. Speaking in a panel discussion at the World Economic Forum in Davos, Switzerland, Annelies Verlinden said: "The government...

  • Room for Lab Growns and Natural, says Bin Sulayem
    on 23 January 2025 at 5:00 am

    There is room for lab growns and natural diamonds to live side by side, says Ahmed Bin Sulayem, CEO of Dubai Diamond Exchange's parent body the DMCC (Dubai Multi Commodities Centre). He says they can ultimately cater for different needs...

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