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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

Market steady. Many businesses closed for July 4 holiday period. Large wholesalers remaining operational. Solid demand for round, 1 to 1.70 ct., F-I, VS2-SI1 diamonds, with memos converting into ...

One of the most exciting things about working in the watch auction industry is the opportunity to take part in remarkable discoveries. The Pearl of Bahrain (pictured above) is an extraordinary Patek ...

Artificial intelligence promises to accelerate tedious tasks and deliver precise, data-driven insights. Over the past few years, it has transformed industries from finance to healthcare. Yet its role ...