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- Kellie to Stand Down at Natural Diamond Councilon 9 July 2025 at 4:00 am
David Kellie is to stand down as CEO of the Natural Diamond Council (NDC) after six years at the helm. The announcement, made on his LinkedIn account, comes just weeks after the landmark Luanda Accord, that secures broader industry funding to promote...
- D-Day Looms for US Reciprocal Tariffson 7 July 2025 at 9:00 am
D-Day is looming for the US to reimpose the reciprocal tariffs that prompted three months of turmoil for the diamond industry. The deadline for nations to negotiate an interim trade deal that avoids tariffs is 12.01am EST on Wednesday 9 July. If no deal is ...
- US Lab Grown Demand has Peaked, says Kellieon 7 July 2025 at 7:00 am
Demand for lab growns in the US has probably peaked, says David Kellie, CEO of the Natural Diamond Council (NDC), and will decline in the coming years. He says retailers aren't achieving the prices they'd like, and consumers are increasingly...
- Hong Kong Watch and Jewelry Sales Dipon 6 July 2025 at 6:00 am
Watch and jewelry sales in Hong Kong dipped again in May, despite the first increase in overall retail revenue since February 2024. Revenue in the jewelry, watches, clocks and valuable gifts sector was down by 3.2 per cent year-on-year to HKD 3.87bn...
- Lab Growns: France Rejects Call to Drop "Synthetic" Labelon 6 July 2025 at 4:00 am
The French government is standing by its legal requirement that lab grown diamonds carry a "synthetic" label. Its finance ministry rejected a renewed call, presented by member of parliament Olivia Gregoire (pictured) on behalf of the lab grown lobby...