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Diamonds Do Good and Signet Foundation Join Forces for Youth Empowerment in Botswana

Diamonds Do Good and Signet Foundation Join Forces for Youth Empowerment in Botswana

Dubai Jewellery Fair: A Hub for Global Gemstone and Technology Trade

Dubai Jewellery Fair: A Hub for Global Gemstone and Technology Trade

Bucherer Inaugurates New Rolex Boutique in Washington's The Shops at The Bravern

Bucherer Inaugurates New Rolex Boutique in Washington's The Shops at The Bravern

Stuller Unveils 'Magic of the Moment' Holiday Collection and Retailer Support

Stuller Unveils 'Magic of the Moment' Holiday Collection and Retailer Support

Precision Gold Scales: Navigating Legal Compliance and Optimal Functionality

Precision Gold Scales: Navigating Legal Compliance and Optimal Functionality

Jewelers' Aspirations: Unveiling Professional Dreams and Achievements

Jewelers' Aspirations: Unveiling Professional Dreams and Achievements

Dubai's Premier Jewellery Fair Opens Amidst Peak Season Rush

Dubai's Premier Jewellery Fair Opens Amidst Peak Season Rush

Audemars Piguet Launches 'The Watch Keepers' for Certified Pre-Owned Market

Audemars Piguet Launches 'The Watch Keepers' for Certified Pre-Owned Market

Lab-Grown Diamond Group Challenges CIBJO's 'Synthetic' Label

October 26

Lab-Grown Diamond Group Challenges CIBJO's 'Synthetic' Label

Lab-Grown Diamond Group Challenges CIBJO's 'Synthetic' Label

Luk Fook Reports Revenue Increase Driven by Diamond Jewelry Sales

Kering's Jewelry Division Shows Robust Growth Amidst Stagnant Group Sales

Kering's Jewelry Division Shows Robust Growth Amidst Stagnant Group Sales

/ Kering's jewelry sector, featuring brands like Boucheron and Pomellato, achieved a 12% increase in revenue during the third quarter, reaching EUR 239 million. This strong performance contrasts with the group's overall sales, which remained flat at EUR 3.35 billion, reflecting broader economic challenges and reduced consumer traffic. Despite mixed results from other brands like DoDo and Qeelin, the jewelry segment's success highlights its resilience and market appeal, particularly with Pomellato's momentum in Japan.

IGI Sees Revenue Surge as Lab-Grown Diamond Market Expands

IGI Sees Revenue Surge as Lab-Grown Diamond Market Expands

/ The International Gemological Institute (IGI) reported substantial growth in its second fiscal quarter, driven primarily by the strong performance of lab-grown diamonds and jewelry. Revenue climbed 31% year-on-year to INR 3.98 billion ($41.9 million), with profit after tax increasing by 43% to INR 1.86 billion ($19.6 million). The institute highlighted significant gains in loose synthetic stones and lab-grown jewelry segments.