A higher U.K. Tax on loose polished diamonds and precious-metal jewelry takes effect in August, Signet keeps restructuring while paying a $0.35 dividend, and 2026 WARN Act filings have reached 2,954 notices covering 270,641 workers as luxury results split.
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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Watches of Switzerland reported record full-year revenue of $2.4 billion, up 13%, with US sales up 24% to $1.4 billion and now the majority …
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For decades the wholesale watch trade ran on group chats, spreadsheets and trust. In 2026, price-discovery tools and dealer software are qui…
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Richemont closed its fiscal year with 22.4 billion euros in sales and a 30.5% jewellery margin, then sold loss-making Baume and Mercier to I…
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Pandora is piloting platinum-plated jewelry to escape soaring silver costs and rotating its North American leadership under a new CEO, while…
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Lugano Diamonds and Jewelry filed Chapter 11 in the Delaware bankruptcy court this week with Enhanced Retail Funding as the stalking horse b…
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