Rumours suggest LVMH mulling takeover of Richemont

After reporting a year of record-breaking profit revenue, rumours have begun to circulate that French luxury conglomerate Louis Vuitton Moët Hennessy (LVMH) is considering a takeover of rival Richemont.
http://dlvr.it/SjzDLZ

Vindication for IIA Technologies after seven-year court battle

IIA Technologies has won the final round of its patent dispute with De Beers-owned Element Six following a ruling in Singapore’s Court of Appeal, bringing an end to a seven-year process.
http://dlvr.it/SjwNxf

Significant increase in jewellery sales for Kering

Kering’s jewellery and watch divisions recorded an 18 per cent increase in sales in 2022 according to recently published financial reporting.
http://dlvr.it/SjwNrr

Reputations at stake as Russian diamond trade survives sanctions

As debate continues to swirl around future economic penalties expected to be implemented against Russia in response to the invasion of Ukraine, the impact of these sanctions has been dramatically undermined.
http://dlvr.it/SjgfC4

Controversial diamond won’t appear at King Charles III coronation

Officials at Buckingham Palace have confirmed that Queen Consort Camilla Parker-Bowles won’t wear the legendary Koh-i-Noor diamond at the upcoming coronation of Kings Charles III.
http://dlvr.it/SjbztS

Fourth quarter strategy successful for Pandora

Pandora enjoyed a 9 per cent increase in revenue in the fourth quarter of 2022 amid strong demand for its lab-created diamond range.
http://dlvr.it/SjRD8X

Flooding wreaks havoc on New Zealand’s retailers

Retailers in New Zealand’s largest city, Auckland, have been told to prepare for more heavy rain and possible floods as Cyclone Gabrielle nears the coast.
http://dlvr.it/SjMrXz

Diamonds in the spotlight as new EU sanctions approach

The European Union (EU) has confirmed a 10th round of sanctions will be placed on Russia in response to the invasion of Ukraine, leading to further speculation over the future of the diamond industry.
http://dlvr.it/SjBmHH

New academy aims to strengthen jewellery industry

World Jewellery Confederation (CIBJO) president Gaetano Cavalieri recently confirmed the establishment of a ‘CIBJO Academy’ during the 2023 Vicenzaoro January trade show.
http://dlvr.it/Sj8FMl

Melbourne Jewellery Expo successfully kicks off year

Despite some unfortunate weather on the opening day, the Australian jewellery industry’s overall sentiment appears positive following the Melbourne Jewellery Expo (MJE).
http://dlvr.it/Sj31lp

Nationwide members ready for Antwerp

Australia’s largest jewellery industry buying group, Nationwide Jewellers, will soon make its annual voyage to Belgium, the ‘heart’ of much of the international diamond trade.
http://dlvr.it/Sj2HSZ

Independent Jewellers Collective launching new buying group

The Melbourne Jewellery Expo (MJE) begins at the Melbourne Convention and Exhibition Centre tomorrow (4 February) and concludes on Monday and will run alongside the Gift & Lifestyle Melbourne event.
http://dlvr.it/ShsL1V

Surprise reversal pattern observed in Australian jewellery sales

Retail Edge has released its analysis of the performance of the Australian jewellery market in January, noting an unusual change in pattern in two key areas of examination.
http://dlvr.it/ShpS6g