Record Revenue for Kering's Jewelry Brands
April 19, 26
Kering's jewelry brands delivered their highest ever revenue in Q1, despite the French conglomerate reporting a 6% drop, year-for-year, across all its operations. The Boucheron, Pomellato, DoDo, and Qeelin jewelry houses reported a combined increase... Read More...
Raiders Shatter Reinforced Glass in Jewelry Heist
April 19, 26Robbers armed with sledgehammers smashed their way through a jeweler's reinforced storefront in seconds, then fled with goods worth an estimated $1 million. Owners of the family-run store say they spent $17,500 last year on special, protective... Read More...
LVMH Watch and Jewelry Revenue Slips
April 16, 26LVMH said reported revenue for its watches and jewelry division slipped by 2% in the first quarter of 2026, reflecting currency and other external factors. But on a like-for-like basis, the underlying business performed well, with the highest organic growth... Read More...
Angola Bets on Volume over Price
April 16, 26Angola ramped up both production and export of rough diamonds in 2025 as part of an aggressive high-volume, low-price policy. Foreign sales surged about 70%, rising to roughly 17 million carats, according to new government figures, but the gross value... Read More...
Consumers Switching to Platinum as Gold Price Soars
April 16, 26Consumers are switching from gold to platinum as the price gap between the metals widens, according to a report published today (15 April) by the Platinum Guild International (PGI). In the US, unit sales of platinum jewelry fell (-10% year-on-year),... Read More...
Memo by John Jeffay
April 16It was in March 1967 that diamonds were first discovered in Botswana, at the Orapa kimberlite pipe. They transformed the fortunes of one of Africa's poorest countries almost overnight. It was in January 2026 that rare-earth elements were first discovered... Read More...