French luxury conglomerate LVMH recorded revenue of €86.2 billion (around $93.3 billion) in 2023, equating to organic growth of 13 percent with respect to ...
Richemont reported sales growth of 8 percent for the third fiscal quarter and 11 percent of its nine months from April to December 2023 at constant exchang...
The Gemological Institute of America (GIA) launched same-day report verification service this week in response to reports of fraudulent GIA inscriptions on l...
French luxury conglomerate LVMH announced on 5 January 2024 that Frédéric Arnault has been appointed as CEO of LVMH Watches, a newly created role that overse...
The International Gemological Institute (IGI) recently analysed a 6.01-carat pear-cut gemstone with a grading report number inscribed on the girdle corres...
The Census and Statistics Department (C&SD) of Hong Kong released its latest figures on retail sales on 4 January 2024. Revenue from jewellery, watches...
De Beers announced the value of rough diamond sales for the tenth sales cycle of 2023 recently. Total value generated from the sales was $130 million, down 6...
Swiss luxury watchmaker Breitling has recently announced the purchase of Universal Genève, a storied Swiss watch brand, from Hong Kong-based company Stelux...
De Beers announced the appointment of Sandrine Conseiller as CEO of De Beers brands. Conseiller oversees the development of De Beers’ brands and investment i...
Rapaport released its new RapNet Diamond Index (RAPI) on 5 December 2023. The diamond market continued to stabilise in November as holiday shopping began and...