De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.

The renowned jewellery brand is using a 21st century workshop to speed its rebound from oblivion.

The renowned jewellery brand is using a 21st century workshop to speed its rebound from oblivion.

The online jeweller is dispensing with display cases and security guards as it expands into brick-and-mortar shops, betting a more-relaxed experience will draw millennial customers.

The online jeweller is dispensing with display cases and security guards as it expands into brick-and-mortar shops, betting a more-relaxed experience will draw millennial customers.

The conglomerate's e-commerce retailer 24Sèvres has launched a fine jewellery section as high-end jewellery and watches are emerging as a key battleground for luxury firms.

The conglomerate's e-commerce retailer 24Sèvres has launched a fine jewellery section as high-end jewellery and watches are emerging as a key battleground for luxury firms.

Chinese consumers do not have the strong cultural affiliation with platinum that they have with gold.

Chinese consumers do not have the strong cultural affiliation with platinum that they have with gold.

The diamonds will be marketed in the US under the name Lightbox, a fashion jewellery brand, and sell for a fraction of the price of mined gems.

The diamonds will be marketed in the US under the name Lightbox, a fashion jewellery brand, and sell for a fraction of the price of mined gems.

Global same-store sales climbed 7 percent and shares jumped 7.8 percent, as chief executive Alessandro Bogliolo's overhaul gains steam.

Global same-store sales climbed 7 percent and shares jumped 7.8 percent, as chief executive Alessandro Bogliolo's overhaul gains steam.

The jewellery maker's sales growth in China weakened to 16 percent from 62 percent.

The jewellery maker's sales growth in China weakened to 16 percent from 62 percent.

Designer Reed Krakoff’s first collection for the storied jewellery retailer is also its biggest launch in a decade.

Designer Reed Krakoff’s first collection for the storied jewellery retailer is also its biggest launch in a decade.

The luxury jeweller posted sales growth worldwide and especially in the Americas, its largest region.

The luxury jeweller posted sales growth worldwide and especially in the Americas, its largest region.

The CFDA award-winning jewellery designer inks deal with strategic partner, refuting claims of his brand's demise.

The CFDA award-winning jewellery designer inks deal with strategic partner, refuting claims of his brand's demise.

The fashion accessories chain is preparing to file for bankruptcy in the coming weeks, according to sources.

The fashion accessories chain is preparing to file for bankruptcy in the coming weeks, according to sources.

Facing slowing global demand for diamond jewellery, companies from Tiffany to De Beers are reshaping their marketing campaigns to tap a growing pool of independent female spenders in China.

Facing slowing global demand for diamond jewellery, companies from Tiffany to De Beers are reshaping their marketing campaigns to tap a growing pool of independent female spenders in China.
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.