Upgrade to Jewelers Mutual's Diamond Marketplace Means Better Sourcing
December 11, 25
Diamond Marketplace by Jewelers Mutual Group, a trusted online platform connecting jewelers with fully vetted suppliers, has rolled out a major upgrade designed to make diamond sourcing faster, more transparent, and more efficient than ever. Read More...
Swiss Watchmakers can Claim Tariff Refunds
December 11, 25Swiss watch importers will now be able to claim refunds after the United States confirmed that its reduction of tariffs on Swiss goods will apply retroactively. The US and Swiss governments jointly announced on 14 November that tariffs would be reduced ... Read More...
Huge Paraiba tourmaline sets $4.2m Record
December 11, 25A 13.54-carat Pariba tourmaline necklace set a world record at Christie's New York, selling for $4.2m. It was a highlight of the Magnificent Jewels auction yesterday (10 December) that raised a total of $46.5m. The Tiffany & Co. tourmaline and... Read More...
Police and Namdia to Tighten Security after $17m Diamond Heist
December 10, 25Namibia's police force and its state-run diamond marketing company will work together to tighten security, after the armed raid in January in which $17m of rough stones were stolen and a security supervisor was shot dead. Namib Desert Diamonds (Namdia)... Read More...
Sotheby's Landmark Jewelry Sale Raises $44m
December 10, 25Sotheby's marked the opening of its new global headquarters in New York by holding its first evening jewelry auction in a decade, achieving total sales of $43.9m. The sale, on 8 December, featured A Legacy of Elegance: Jewels from an Exceptional ... Read More...
Memo by John Jeffay
December 11Is Costco brave or foolish going head-to-head with Trump over tariffs? The stakes are high for the warehouse giant, listed as the sixth biggest watch and jewelry retailer in the US (as ranked by National Jeweler). It filed suit in the US Court of International Trade ... Read More...