World

Pandemic may represent an unlikely opportunity to rebalance the supply chain

Total sales of watches and jewellery in the US have suffered “unprecedented fall”

Alrosa iss offering its long-term customers over 800 rough diamonds from 5-10 carats batches

There has been a marked increase in traffic and sales in the luxury market - from jewellery to cruises

De Beers promises "immediate, direct and straightforward purchase" of rough

Lockdown measures in India are easing up, and the diamond and jewellery industry is slowly returning

The new website is a a resource centre for young diamantaires worldwide

Industry insiders in India are that customers will look elsewhere for cutting and polishing

Industry update by WFDB president Yoram Dvash

Bruce Cleaver calls for the fast reopening of diamond cutting operations

The coronavirus pandemic “was the biggest factor impacting gold demand” during the quarter

Prices of polished diamonds had only “small fluctuations” compared to March

Industry update by WFDB acting president, Yoram Dvash

De Beers is expected to allow 100% deferrals on all goods

Future sales,will be dominated by the coronavirus spread and its effects on demand

JCK Las Vegas and Luxury exhibitions have been officially cancelled due to coronavirus

An important update by WFDB acting president Dvash

Hermès Guangzhou flagship store made $2.7 million the day after it reopened