The company that commercialized moissanite in 1995 had its Chapter 11 asset sale approved for $2.7 million in cash, with closing required by July 7. A business that booked $43 million in 2020 revenue is being sold for parts as lab-grown saturation bites.
LVMH's jewelry division grew 9% organically in the first half on Tiffany and Bvlgari strength even as group revenue rose just 2%. New US tar…
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LVMH reported first-half organic revenue up 2 percent with its jewelry division growing 9 percent on Tiffany and Bvlgari, even as new US tar…
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The two houses that set the pace reported opposite quarters, with Richemont up 20 percent and LVMH's watches and jewelry off 5 percent. Sign…
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LVMH held its first half with 2% organic growth and flat EUR 5.7 billion net income as its jewelry division led at 9%. Richemont ran 20% to …
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A higher U.K. Tax on loose polished diamonds and precious-metal jewelry takes effect in August, Signet keeps restructuring while paying a $0…
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Richemont's fiscal Q1 sales rose 20 percent to EUR 6.33 billion, led by a 24 percent jump at its jewelry houses, while LVMH's first-half wat…
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Anglo American named the Gareth Penny-led Global Diamond Consortium as its preferred bidder for an 85% stake in De Beers, with Angola and Na…
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Richemont posted 20 percent constant-currency growth and a 24 percent jewelry gain for the June quarter, beating consensus, while LVMH repor…
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De Beers will pause production at its Venetia mine in South Africa for two years, putting 1,134 permanent jobs at risk as the producer redir…
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Gemfields chief executive Sean Gilbertson steps down on July 15 after eight years, with CFO David Lovett taking the interim helm as shares f…
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The July sight is the first under supply agreements that shrink the sightholder roster from about 70 to between 45 and 50. It lands as Anglo…
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US independent jewelers grew 2025 revenue 4.7% while selling 5.6% fewer units, the clearest sign yet of a price-up, units-down market. As th…
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