The 23-carat fancy vivid blue diamond, set to headline Christie’s May jewelry auction, was expected to sell for as much as $50 million.
Is Your Jewelry Producer Committed to Sustainability and Ethicality?
Sponsored by Hari Krishna Exports Pvt. Ltd.
According to Rapport Report 2024, diamond-selling won’t be greatly affected as they are not sold out of price like other gemstones, but are bought considering ethicality and sustainability.
Hari Krishna Exports Pvt. Ltd. (HK) treat sustainability concerns as an integral part of diamond sourcing and making processes, not just a secondary CSR matter.
Beyond environmental responsibility, true ethical sourcing goes hand-in-hand with ensuring the well-being of people involved in the diamond's journey. This translates to fair labour practices, safe working conditions, and eliminating child labour from the equation. Ethical companies prioritise empowering local communities and fostering a positive social impact in the diamond's origin regions.
What can be considered ethical and sustainable?
Responsibly-sourced diamonds are when they don't come from zones where people are exploited in mining diamonds. On top of that, there are more indicators to determine how a diamond-manufacturing company is committed to sustainability and ethicality:
- Initiatives like organizing employee trips and encouraging community figures to participate in environmental projects demonstrate a commitment to the well-being of the people around the diamond's origin.
- Activities like plantation drives and rejuvenating water sources showcase efforts to replenish and revitalise the environment, especially those impacted by mining activities.
- Using solar panels for factory energy consumption highlights a shift towards clean and sustainable power sources, reducing the diamond's carbon footprint.
- Utilizing technology like tracr and iTraceiT to track diamonds from mine to the customer ensures ethical sourcing throughout the supply chain.

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Supplier Spotlight Sponsored by GIA

The miner said its April sale featured a mix of commercial-quality primary rubies and secondary rubies of varying quality.


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Six new retail businesses were selected for the 2025 program, which began in January.

Ten organizations were selected this year.

Kim Carpenter and Sam Gevisenheit have joined the brand.

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Boucheron and Pomellato performed well in an otherwise bleak quarter for Kering amid struggles at Gucci.

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Simon Wolf shares why the time was right to open a new office here, what he looks for in a retail partner, and why he loves U.S. consumers.

A third-generation jeweler, Ginsberg worked at his family’s store, Ginsberg Jewelers, from 1948 until his retirement in 2019.

The company failed to file its quarterly reports in a timely manner.

The organization also announced its board of directors.

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Located in Valenza, the now 355,000-square-foot facility includes a new jewelry school that’s open to the public, Scuola Bulgari.

Paola Sasplugas, co-founder of the Barcelona-based jewelry brand, received the Fine Jewelry Award.

A platinum Zenith-powered Daytona commissioned in the late ‘90s will headline Sotheby’s Important Watches sale in Geneva next month.

The basketball stars wear men’s jewelry from the “Curb Chain” collection.

The Signet Jewelers-owned retailer wants to encourage younger shoppers to wear fine jewelry every day, not just on special occasions.

The 21 pieces, all from a private collector, will be offered at its Magnificent Jewels auction next month.

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GCAL by Sarine created the new role to sharpen the company’s focus on strategic partnerships and scalable expansion.