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Press Release: JTV's Rock Star Designer Competition Opens for Entries
Press Release: Jewelry Television (JTV), one of the largest retailers of fine jewelry and gemstones in the U.S., announced today that the company is launching a national competition to discover talented jewelry designers. JTV's Rock Star...
Marketing Mar 31, 2015 JTV
Kingold's FY Sales -7% But Profit +67%
Kingold Jewelry Inc. reported that sales fell 6.9 percent year on year to $1.11 billion in 2014. The integrated manufacturer cited lower gold prices for the decline in revenue; however, Kingold processed 17.6 percent...
Manufacturing Mar 31, 2015 Jeff Miller
BlueStone to Raise $25M, Double Headcount in 2015
(RAPAPORT) India Digital News: BlueStone.com, an online jeweler, is reportedly in discussions to raise $25 million, double its headcount of 200 employees and triple annual revenue in the next 12 months. Previously, other than three main investors...
Financial-Legal Mar 31, 2015 India Digital News
Birks Creates Campaign for 10th Anniversary of the Amorique Diamond
Birks is celebrating the 10th anniversary of its proprietary diamond cut – the Birks Amorique Diamond – with a new marketing campaign and collection that is set to launch on April 1. Featuring actress Rachelle Lefevre of Canada, Birks described...
Marketing Mar 31, 2015 Jeff Miller
Mountain Province Diamonds
Mountain Province Completes $95M Rights Offering
Mountain Province Diamonds Inc. completed a $95 million rights offering, which expired at 5 p.m. on March 30. A total of 125,631,285 rights were exercised under the basic subscription privilege for 22,079,247 common shares. In addition, 4,014,419...
Mining Mar 31, 2015 Jeff Miller
Rockwell Diamonds Sells Tirisano for $6M
Rockwell Diamonds Inc. agreed to sell the Tirisano diamond project in the North West province of South Africa for $6.3 million to a consortium of miners. Tirisano was placed on care and maintenance in December 2012 and Rockwell...
Mining Mar 31, 2015 Jeff Miller
GJEPC Calls Upon Diamond Miners to Create Promotional Campaigns
(RAPAPORT) Times of India: The Gems & Jewellery Export Promotion Council (GJEPC) urged the diamond mining companies of the world, including De Beers, to embark upon generic promotional campaigns to sustain the diamond dream.GJEPC said...
Marketing Mar 31, 2015 Times of India
Movado's Profit Improves, Shares Jump
Movado Group reported that revenue improved 1.2 percent year on year to $133.9 million, based upon generally accepted accounting principles (GAAP), for the fourth quarter that included Christmas and ended on January 31....
Financial-Legal Mar 31, 2015 Jeff Miller
hearts on fire
Hearts On Fire Selects Global Advertising Partner to Disrupt the Status Quo
Diamond brand Hearts On Fire selected TBWA\Chiat\Day New York as its new global advertising partner. TBWA\Chiat\Day is the U.S. division of TBWA Worldwide -- a global advertising network. Hearts On Fire was acquired by Chow Tai Fook Jewellery...
Marketing Mar 31, 2015 Jeff Miller
Forevermark small
Forevermark Inaugurates $10M Grading and Inscription Facility in Surat
The De Beers Group opened its newest Forevermark diamond inscription and grading operation, the International Institute of Diamond Grading and Inscription facility, in Surat, India. The facility represents a $10 million investment by De Beers; it is the...
Research Mar 31, 2015 Jeff Miller
De Beers Office
De Beers Announces 84 Sightholders
De Beers selected 84 sightholders to receive rough diamond supplies during the new three-year contract period that begins on April 1. Of the total, 82 companies will receive supplies as part of De Beers global sightholder sales (GSS), while 20 companies...
Rough Markets Mar 31, 2015 Avi Krawitz
Press Release: The Magnus Digital Receives Innovators Award
Press Release: The Magnus Digital from Sahajanand Technologies Pvt. Ltd. of Surat, India has been awarded the Innovators Award (Silver Level) in Vision System Design-2015 Innovators Awards. On March 27, Vision System Design...
Technology Mar 31, 2015 Sahajanand Technologies
Catoca Mine Small
Catoca Appoints Sergey Amelin as CEO
Sergey Amelin, the former deputy CEO of Severalmaz, was appointed the CEO of Catoca Ltd. Mining Co. in Angola. Amelin has been a deputy CEO of Severalmaz since March 2014. Previously, he was the deputy CEO...
Mining Mar 31, 2015 Jeff Miller
De Beers Rough
Refusals Exceed 30% at De Beers March Sight
Pessimism prevailed at De Beers March sight with more than 30 percent of goods refused, according to several sightholders. Negative sentiment at the sight stemmed from a shared belief that polished sales and prices were unlikely to increase...
Rough Markets Mar 31, 2015 Ronen Shnidman
CIBJO logo
CIBJO's 2015 Conference to Focus on Grading Reports, Standards
CIBJO's 2015 conference to be held in Salvador, Brazil on May 6 will focus on standards and practices used by grading laboratories in the industry and the quality of grading reports. Specifically, the conference will address diverging standards among...
Polished Markets Mar 31, 2015 Deena Taylor
Press Release: Dubai Diamond Conference 2015 to Put Africa First
Press Release: Ministers and officials from Africa will play a crucial part in discussions to be held at this year’s Dubai Diamond Conference. The biennial event, which was organized by the Dubai Diamond Exchange (DDE) and...
Polished Markets Mar 31, 2015 DDE
Richemont Merges Net-A-Porter with YOOX
Richemont will merge its subsidiary Net-A-Porter with YOOX Group in an all share deal, the company confirmed. The deal is expected to take effect in September 2015, with the combined entity to be named YOOX Net-A-Porter Group....
Financial-Legal Mar 31, 2015 Deena Taylor
Gem Diamonds
Elzas, Williams to Step Down from Gem Diamond's Board
Gem Diamonds reported that two of its non-executive directors will retire from the board at the close of the company's 2015 annual general meeting on June 2. Dave Elzas, whose nine-year term has ended, has...
Financial-Legal Mar 31, 2015 Deena Taylor
U.S. Jewelry & Watch Sales Flat in February
U.S. jewelry and watch sales across all channels were basically flat, or down 0.2 percent year on year, at $6.188 billion in February, according to preliminary figures. Data revealed that jewelry sales were unchanged from...
Research Mar 30, 2015 Jeff Miller
Press Release: AWDC Addresses New Tax System in Belgium
Press Release: The Antwerp World Diamond Centre (AWDC) has taken note of the government decision to introduce a tax system that is calculated on a lump-sum basis. “Diamantaires are willing to pay higher taxes in exchange for financial...
Financial-Legal Mar 30, 2015 AWDC
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