Anglo American CEO confirms the De Beers consortium sale is advancing with multiple bids in play, led by a Gareth Penny-Qatar group. Signet Q1 FY27 prints $1.6 billion in sales with SSS up 1.8% and a $50 million accelerated buyback. JCK and Luxury close at 17,500 attendees, Couture wraps the Wynn.
Signet Q1 FY27 EPS of $1.56 beat consensus by $0.19, raised fiscal 2027 guidance, with merchandise AUR up 5 percent. JCK Las Vegas hit 17,50…
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Signet pre-announced its largest brand reorganization in years ahead of June 2 earnings, folding James Allen into Blue Nile and shutting dow…
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Signet announced 100 store closures in fiscal 2027 and consolidated to three core brands, folding James Allen into Blue Nile and Rocksbox in…
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Anglo American confirmed it remains committed to divesting De Beers and added a third writedown of 2.3 billion dollars. CEO Duncan Wanblad s…
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De Beers has trimmed its sightholder roster from approximately 69 buyers to 45 for the July 1, 2026 contract cycle, imposing a $15 million m…
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Anglo American's De Beers sale produced three known bids: Gareth Penny backed by Antwerp sightholders, Diacore's Nir Livnat, and mining inve…
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India's latest export numbers are not just an India story. They are a global trade signal about tariff exposure, concentration risk, and whe…
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Tariffs compressing margins, a vanishing watchmaker pipeline, and Gen Z gravitating to Cartier — three structural forces reshaping the tra…
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At $4,675 per ounce, 10K gold is not a compromise. Designers are repositioning it as a durability and accessibility play.
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Edge Retail Academy data reveals independent jewelers grew 4.7% in 2025 revenue — but sold 5.6% fewer units. Average tickets rose 10.9%, a…
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This week's trade-relevant market movements across luxury watches, jewelry and diamonds, gold and bullion, and industry news.
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AI may change the jewelry and watch industry, but it cannot replace skilled labor. Watchmakers, jewelers, setters, casters, melters, assayer…
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