Market & Industry
Essential briefings on the global jewelry business. Covers metal and gem price fluctuations, lab-grown tech breakthroughs, and major corporate mergers or acquisitions.
Universal News
145 entries-
Stratus Estate Buyers Offers Turnkey Solution for Independent Jewelers
Stratus Estate Buyers partners with independent jewelers nationwide to host turnkey, three-day estate buying events, driving foot traffic and generating revenue.
2026-08-02
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Gemfields Reports 72% Revenue Surge Driven by Strong Auction Performance
Gemfields announces a 72% increase in H1 revenue to $102.9 million, fueled by successful ruby and emerald auctions, despite challenges in ruby recovery and rising operational costs.
2026-07-30
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US Consumer Confidence Dips in July Amid Price and Labor Concerns
US consumer confidence decreased in July as persistent concerns about rising prices and labor market conditions weighed on the outlook, according to The Conference Board.
2026-07-29
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De Beers Sale Nears Completion Amid Challenging Market Conditions
Anglo American CEO confirms De Beers sale is in its final, most challenging phase, with a conclusion expected in the second half of the year, despite market headwinds.
2026-07-29
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Jewelry Industry Advocates Push Back Against New Tariffs Impacting Global Trade
Jewelers of America leads efforts to exempt diamonds, gemstones, and pearls from new U.S. tariffs, citing significant negative impacts on businesses and consumers.
2026-07-29
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Kering Jewelry Sales Surge 14% in H1, Outpacing Group Performance
Kering's jewelry division, including brands like Boucheron and Pomellato, saw a 14% revenue increase in the first half, driven by strong demand in North America and Asia, while overall group sales show signs of recovery.
2026-07-28
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Kevin Reilly Retires After 39 Years, Leaving a Lasting Legacy in the Jewelry Industry
Kevin Reilly, a prominent figure in the jewelry world and Senior Vice President at Platinum Guild International USA, has retired after a distinguished 39-year career.
2026-07-28
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Angola Aims to Elevate Diamond Industry Beyond Mining
Angola is strategically focusing on vertical integration in its diamond sector, moving beyond mining to cutting, polishing, and jewelry manufacturing.
2026-07-28
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The Edge and 24 Karat Club SEUS Invest in Jewelry Industry's Next Generation
The Edge partners with the 24 Karat Club SEUS to fund scholarships for aspiring gemologists, bench jewelers, and retail professionals.
2026-07-27
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Jewelry Leads Luxury Market Amid Stabilization, Bain & Co. Report Reveals
Jewelry sales remain resilient, leading the global luxury market's stabilization after a period of economic uncertainty, according to Bain & Company's latest study.
2026-07-26
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Apollo Funds Finalize Emerald and Questex Acquisition, Forge New B2B Events Powerhouse
Apollo Funds has completed the acquisition of Emerald Holding and Questex, creating a leading B2B experiential events and media platform.
2026-07-20
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Canada's First Diamond Mine, Ekati, Set to Close Amid Financial Woes
Ekati, Canada's first and oldest diamond mine, will cease operations by mid-August after failing to secure a buyer, leaving the country with only one operational diamond mine.
2026-07-15
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Barry Berman, Founder of Fords Jewelers, Remembered for Community Impact
Barry Berman, founder of Fords Jewelers, passed away at 81, leaving a legacy of community involvement and entrepreneurial success.
2026-07-14
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SSEF Warns of Fraudulent Emerald Refilling Practices
The Swiss Gemmological Institute (SSEF) alerts the trade to a growing issue of emeralds being refilled after lab testing and resold with outdated reports.
2026-06-16
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Philippe Stern, Visionary Leader of Patek Philippe, Dies at 88
Philippe Stern, the influential honorary president of Patek Philippe, has passed away at 88. He steered the company through the quartz crisis and launched iconic models like the Nautilus.
2026-06-16
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GemGuide Adjusts Pricing for Rubies and Sapphires Amid Market Shifts
GemGuide revises ruby and sapphire price charts, reflecting scarcity of Burmese rubies and new weight ranges for sapphires.
2026-06-15
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Two Arrested in $2.7 Million Round Rock Jewelry Heist
Two suspects, Jalen Javon Davis and Leslie La Vun Jones II, have been arrested in connection with the April 21, 2026 robbery at Marc Robinson Jewelers in Round Rock, Texas.
2026-06-09
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Saks Global Secures Bankruptcy Court Approval for Reorganization
Saks Global receives bankruptcy court approval for its reorganization plan, paving the way for its exit from Chapter 11 with significantly reduced debt and a renewed focus on luxury retail.
2026-06-09
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De Beers CEO Al Cook Addresses Lab-Grown Diamond ‘Bubble,’ Dwindling Natural Supply
De Beers CEO Al Cook discusses the lab-grown diamond market, the future of natural diamonds, and potential shifts in the industry.
2026-06-08
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Dunkelberger's Fine Jewelry Closes Doors After 79 Years, Owner Retires
Kutztown's Dunkelberger's Fine Jewelry is closing after 79 years in business as owner Jim Springer retires, marking the end of an era for the community staple.
2026-06-04