Jailed: Ex-Manager who Posted Selfies Wearing Stolen Jewelry
June 26, 25
A woman who stole over $165,000 of jewelry from the store she managed has been jailed, after she posted selfies wearing some of the items. Staff became suspicious when Lucy Roberts, 39, started taking jewelry home from Daniella Draper in Beverley... Read More...
Seized: $25m of Fake Cartier and Van Cleef and Arpels Jewelry
June 26, 25US customs officers seized five shipments of counterfeit Cartier and Van Cleef and Arpels jewelry mostly from China, with a combined "if genuine" value of over $25m. Almost 2,200 items - rings, earrings, bracelets, and necklaces - were intercepted by... Read More...
Four Arrested over Alrosa Diamond Thefts
June 26, 25Four people have been arrested in Moscow, accused of stealing a batch of diamonds worth RUB 1.9m (USD 22,000) from Alrosa, Russia's state-controlled miner. Valentina Matyushchenkova, an employee who worked in the rough sorting division... Read More...
Endiama and Sodiam Sign up to NDC
June 25, 25Angola's state-owned diamond businesses - miner Endiama and trading company Sodiam - will officially join the Natural Diamond Council (NDC) next week (from 1 July) and will jointly contribute $8m. Angola, the world's third biggest... Read More...
US Leads Slump in Swiss Watch Exports
June 25, 25Exports of Swiss watches slumped in May - down 9.5 per cent to CHF 2.1bn (USD 2.56bn), with the US responsible for over 40 per cent of the decline. The Federation of the Swiss Watch Industry Exports (FHS) said there had been a "sharp decline in the ... Read More...
Memo by Hertz Hasenfeld
June 26The Natural Diamond Council (NDC) has recently adopted a bolder, more pointed tone in its advertising—drawing a clear line between natural diamonds and synthetics. This shift has stirred some controversy within the trade, with critics calling the campaigns "divisive" ... Read More...