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Strong Demand Boosts De Beers 2021 Results
De Beers, part of Anglo American, says industry recovery from the COVID impact is reflected on the company’s 2021 results. Total revenue...
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UAE Government Set To Introduce Federal Tax on Business Profits
According to Bloomberg, the UAE Ministry of Finance announced the UAE plans to implement a 9% federal tax on corporate earnings....
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Tiffany’s ‘Record’ Revenue Boosts LVMH
Sales of jewelry and watches at LVMH surged 167% in 2021 amid Tiffany & Co.’s first year within the group and a strong performance at the...
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Pandora Reports Record Full-Year Revenue Driven By US Sales
Pandora has reported record full-year revenue and strong profit growth in 2021. Shares in Pandora jumped to recover some of its losses...
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Hong Kong Trade Shows Postponed To April
The Hong Kong International Jewellery Show (HKIJS) and the Hong Kong International Diamond, Gem & Pearl Show (HKDGPS) have been...
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JWA Dubai 2022 Unveils Inaugural Roster of Recipients
The announcement marks the conclusion of the first business award that specifically honors individuals and companies from the Middle...
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India To Lower Import Tax Polished to 5%
Unconfirmed sources say India is planning to lower the much criticized import tax on polished diamonds and gemstones from 7,5% to 5%, as...
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Forevermark: South India to See More Demand for Diamonds in 2022
De Beers’ Forevermark is expecting to grow in double digits in South India in 2022 as it has already “already witnessed a huge response...
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Fewer US Jewelry Stores Closed Doors in 2021
The number of US jewelry businesses exiting the trade decreased 11% in 2021, according to data from the Jewelers Board of Trade (JBT). A...
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Dubai Diamond Conference: Alrosa’s and De Beers’ Chiefs Set to Speak
The event will be live-streamed internationally The DMCC has announced the industry “celebrity” attractions expected to speak at its...
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DMCC To Welcome Global Diamond Industry To Dubai For Dubai Diamond Conference
DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has announced the full list...
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De Beers Increases Investment In Jewellery ‘Try-And-Buy’ Start-up, Gemist
Gemist, the US-based fine jewellery brand and digital platform, said its seed round of funding was led by venture fund Entrada Ventures...
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De Beers Group Rough Diamond Sales For Cycle 1, 2022
De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the first sales cycle of 2022....
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China and Japan See Increased Demand for Platinum Jewelry
Based on a recent report by Platinum Guild International and quoted by Rough & Polished, demand for platinum jewelry has seen “a...
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Belgium Diamond Trade of $37.23 Billion In 2021 Surpasses Pre-Pandemic Level
The Belgian diamond sector is doing slightly better than in 2019 and made a comeback with $37.23 billion in imports and exports of traded...
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AWDC & Bain & C° Release 11th Global Diamond Report: A Brilliant Recovery Shapes Up
In ‘A Brilliant Recovery Shapes Up, the Antwerp World Diamond Centre (AWDC) and leading consultancy agency Bain & Company look at the...
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ALROSA Takes Steps to Offer the Market Additional Supplies of Rough Diamonds
Demand for rough diamonds in early 2022 is outstripping supply, as cutters are buying rough diamonds to restock and fulfill orders. In...
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De Beers Aggressively Hikes Diamond Prices
The world’s biggest diamond producer raised prices 8 percent at its first sale of the year, sources told Bloomberg News. De Beers pushed...
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Istanbul Jewelry Show Unites The Jewelry Industry For 51st Time!
Istanbul Jewelry Show, the most important exhibition of jewelry industry in the region, opens doors at Istanbul Fair Center for the 51st...
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Is Revamping Your Website on Your To-Do List for 2022?
Optimize your digital presence to drive online sales. Independent jewelers face strong competition from online retailers, yet they have a...
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