Namibia has formally signed the Luanda Accord, while two key industry organizations pledged to join the Natural Diamond Council.
Kering, LVMH Offer Masks, Hand Sanitizer to Combat Coronavirus
The luxury titans are converting production facilities to produce medical supplies as their home countries of Italy and France face the coronavirus pandemic.

New York—Kering is pitching in to combat the coronavirus, offering its services to health officials in France.
The luxury house announced it would purchase 3 million surgical masks from China to provide to the French health service.
The workshops of its brands Balenciaga and Yves Saint Laurent will manufacture masks once French officials give the green light to its manufacturing process and materials.
Kering has also donated an undisclosed amount to the Institut Pasteur, the research house named after famed French scientist Louis Pasteur, to support its research into the coronavirus.
Prior to the announcement, Kering had lent a helping hand to China and Italy as well, donating to the four major foundation hospitals in the Italian regions of Lombardy, Veneto, Tuscany and Lazio on March 11.
Its brand Gucci was among the fashion companies in Tuscany called to help the cause and may be able to donate 1.1 million surgical masks and 55,000 medical overalls in the coming weeks, subject to approval from authorities.
Kering also donated to the Hubei Red Cross Foundation in China on Jan. 28 in an effort to combat the spread of the coronavirus.
Fellow French luxury titan LVMH also offered its assistance to the country’s health authorities.
The factories that would normally produce Christian Dior, Guerlain and Givenchy perfumes have been converted to make hand sanitizer, which will be delivered free of charge to French health authorities and provided to Assistance Publique – Hôpitaux de Paris, the public hospital system in Paris.
Around 50 tons of sanitizing gel is being distributed across French hospitals each week.
The 75ml recyclable bottles will be distributed via the Italian government to medical facilities.
“I believe as a major economic actor and symbol of Italy, Bulgari has a responsibility to contribute to the national effort to help prevent, fight and eradicate COVID-19,” said Bulgari CEO Jean-Christophe Babin in a press release.
“Aware of the difficult situation we are experiencing, we believe it is our duty to contribute with our know-how and production facilities,” he added.
The company has also ordered 40 million masks from
LVMH is planning to send masks to Italy and Spain as well.
The company said it will oversee the management of the supply chain, delivery and customs clearance for the masks, covering 5 million euros worth of related costs in the first week.
Prada will also lend a hand, the Italian luxury company announced in a press release.
Its factory in Montone in the province of Perugia, Italy will produce 80,000 medical overalls and 110,000 masks, with help from external Italian suppliers, to be given to health care officials in the region of Tuscany.
In Hong Kong, Adrian Cheng, heir to the family behind Chow Tai Fook Jewellery, announced plans in late February to produce 200,000 masks per day starting in April, according to a U.S. News report.
The masks will be distributed to Hong Kong residents, particularly low-income families, who have been unable to get masks in light of short supply and price-gouging.
The Latest

Lady Gaga, Cardi B, and Karol G also went with diamond jewelry for Bad Bunny’s Super Bowl halftime show honoring Puerto Rico.

Jewelry is expected to be the No. 1 gift this year in terms of dollars spent.

Launched in 2023, the program will help the passing of knowledge between generations and alleviate the shortage of bench jewelers.

As star brand Gucci continues to struggle, the luxury titan plans to announce a new roadmap to return to growth.


The new category asks entrants for “exceptional” interpretations of the supplier’s 2026 color of the year, which is “Signature Red.”

The White House issued an official statement on the deal, which will eliminate tariffs on loose natural diamonds and gemstones from India.

Criminals are using cell jammers to disable alarms, but new technology like JamAlert™ can stop them.

Entries for the jewelry design competition will be accepted through March 20.

The Ohio jeweler’s new layout features a curated collection of brand boutiques to promote storytelling and host in-store events.

From heart motifs to pink pearls, Valentine’s Day is filled with jewelry imbued with love.

Prosecutors say the man attended arts and craft fairs claiming he was a third-generation jeweler who was a member of the Pueblo tribe.

New CEO Berta de Pablos-Barbier shared her priorities for the Danish jewelry company this year as part of its fourth-quarter results.

Our Piece of the Week picks are these bespoke rings the “Wuthering Heights” stars have been spotted wearing during the film’s press tour.

It would be the third impairment charge in three years on De Beers Group, which continues to grapple with a “challenging” diamond market.

The Omaha jewelry store’s multi-million-dollar renovation is scheduled to begin in mid-May and take about six months.

The “Paradise Amethyst” collection focuses on amethyst, pink tourmaline, garnet, and 18-karat yellow gold beads.

The retailer credited its Roberto Coin campaign, in part, for boosting its North America sales.

Sherry Smith unpacks independent retailers’ January performance and gives tips for navigating the slow-growth year ahead.

Amethyst, the birthstone for February, is a gemstone to watch this year with its rich purple hue and affordable price point.

The Italian jewelry company appointed Matteo Cuelli to the newly created role.

The manufacturer said the changes are designed to improve speed, reliability, innovation, and service.

President Trump said he has reached a trade deal with India, which, when made official, will bring relief to the country’s diamond industry.

The designer’s latest collection takes inspiration from her classic designs, reimagining the motifs in new forms.

The watchmaker moved its U.S. headquarters to a space it said fosters creativity and forward-thinking solutions in Jersey City, New Jersey.

The company also announced a new partnership with GemGuide and the pending launch of an education-focused membership program.

IGI is buying the colored gemstone grading laboratory through IGI USA, and AGL will continue to operate as its own brand.























