Canada-based jeweler Birks Group posted a smaller loss for the full fiscal year, thanks in part to its acquisition of European Boutique. The company recorded a net loss of CAD 3.4 million ($2.4 ...

Revenue at Hong Kong jeweler Luk Fook rose in the first fiscal quarter as consumers continued to purchase gold as an investment, even amid a strong jump in the price of the yellow metal. Retail sales ...

Swatch Group’s sales grew in all price ranges and on every continent, as it adapted its business strategies. Revenue rose 2% year on year to CHF 3.12 billion ($3.84 billion) for the first half of the ...

Swiss watch exports rose in June, as leading markets showed a sustained improvement. Outbound timepiece shipments climbed 11% year on year to CHF 2.39 billion ($2.95 billion) for the month, the ...

De Beers plans to lay off 1,214 workers as it pauses production at its Venetia mine, according to a local union. The National Union of Mineworkers (NUM) has criticized the company and De Beers ...

Australia-based miner Rio Tinto has recovered diamonds from the remaining ore at its Canadian Diavik mine following its closure. Output plunged 97% both compared to the previous quarter and year on ...

Phillips will showcase one of the earliest F.P. Journe Chronomètre à Résonance wristwatches at an upcoming timepiece sale in Geneva, in association with Bacs & Russo. The 38-millimeter platinum watch ...

Nina Runsdorf hadn’t worked with silver since her teens, but last year, she launched Archive, a silver collection with designs rooted early in her career. “I found myself wearing bolder, more ...

Wholesale market quiet during extended July 4 holiday period and start of summer season. Strong advance orders of round and fancy-shape, D-F, IF-VS diamonds for high-end designers. Positive trend ...

Rapaport MarketIQ translates verified Rapaport Trade data into clear insight on supply, demand, and global pricing to support strategic pricing, production, and inventory decisions. Price accurately ...

With 35 new entrants and five first-time winners, the 2025 Spectrum & Cutting Edge Awards were a celebration of fresh talent. Trends among the entries included tourmalines, pink and purple gems, ...

Jewelry designer Jessica McCormack sees a “huge” opportunity in the US for her self-titled brand. “We know just from our small group of [existing] American clients [that there’s an] appetite for it, ...