Anglo CEO Al Cook said the De Beers sale process has reached its most advanced stage in two years, with a Gareth Penny-led consortium backed by Qatari funds leading the bid. Saks Global won bankruptcy approval to exit Chapter 11. JCK and Luxury closed at 17,500 attendees, up year over year.
Anglo American CEO confirms the De Beers consortium sale is advancing with multiple bids in play, led by a Gareth Penny-Qatar group. Signet …
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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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