Parent company Saks Global is also closing nearly all Saks Off 5th locations, a Neiman Marcus store, and 14 personal styling suites.
Ahead of KP Plenary, the WDC Calls for Productive Dialogue
Kimberley Process participants need to start talking about broadening the scope of the process, the World Diamond Council’s acting president said.
New York--The World Diamond Council is calling for productive dialogue and the need for reform in the Kimberley Process ahead of the KP’s annual meeting, which is scheduled to begin Friday in Australia.
Speaking via conference call Wednesday morning, acting WDC President Stephane Fischler told reporters that there are three areas in need of reform within the KP, and No. 1 is broadening the scope of the process.
Currently, the KP defines “conflict” diamonds as those used by rebel groups to fund conflict against legitimate governments. But, as Fischler noted Wednesday, “We [the WDC] believe the nature of conflict has changed and so the scope should realign with that.”
In an interview via phone with National Jeweler later in the day, he elaborated.
The situation today is that there is less much rebel activity, Fischler said, and much more systematic, disruptive violence, particularly in artisanal diamond mining areas.
Members of the KP need to start listening more carefully to the countries where this type of violence is happening and work to make a difference on the ground, he said.
And the process itself needs to become more proactive than reactive, flagging areas of diamond production when the situation becomes unstable, instead of waiting until actual conflict has broken out.
The expanded definition was voted down at the meeting held in Washington that November.
Fischler told National Jeweler Wednesday that he doesn’t know if that vote was against the inclusion of human rights language so much as it was a “generic reluctance” to change the core focus of the definition, given that the KP has been very successful in doing what it set out to do--eradicate conflict diamonds as originally defined.
He said what the WDC is putting on the table now is broader--examining the general scope of the process, not just narrowly focusing on putting in more human rights language--and the organization isn’t looking to get bogged down in semantics. It’s open to all discussions on how to expand the KP’s reach.
While the WDC represents the diamond industry in the KP, the body does not have a vote; only the 81 countries that are KP members do. And under the KP’s complete consensus model, passing anything requires all 81 countries to agree to it.
When
“This isn’t a 48-hour or even a week’s discussion,” he said. “This is an incremental progress type of debate.”
On Wednesday’s call with reporters, Fischler addressed another area of reform that is needed within the KP: the establishment of a permanent secretariat based in a neutral country.
As it stands, an administrative support mechanism is in place to handle the operational aspects of the Kimberley Process. It is a function that’s reassigned every year as the chair of the process is passed from country to country. (Australia is the 2017 chair nation. Next year, Vice Chair the European Union is set to take over and India will become vice chair.)
He said a permanent secretariat will ensure more continuity, essentially giving the KP a “memory,” and that all member countries should contribute toward the cost of funding it.
The idea of a permanent secretariat is one that has been on the table for a couple of years.
At last year’s plenary, confusion surrounded the vote on this issue.
Following the meeting, the UAE, which chaired the process last year, issued a press release heralding that the KP had reached a “historic agreement” that included voting to approve the establishment of a permanent secretariat for the process.
The issue, however, still seems to be on the table, given that its passage is one of the WDC’s list of needed reforms for the process.
Asked about the confusion surrounding the vote at last year’s plenary, Fischler said, “The idea was launched; it wasn’t worked out in the way that I believe it’s worked out now.”
The KP Plenary is scheduled to start this Friday, Dec. 9 and continue until the 14th in Brisbane, Australia.
The Latest

It is believed the 24-karat heart-shaped enameled pendant was made for an event marking the betrothal of Princess Mary in 1518.

The “Kering Generation Award x Jewelry” returns for its second year with “Second Chance, First Choice” as its theme.

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

Sourced by For Future Reference Vintage, the yellow gold ring has a round center stone surrounded by step-cut sapphires.


The clothing and accessories chain announced last month it would be closing all of its stores.

The “Zales x Sweethearts” collection features three mystery heart charms engraved with classic sayings seen on the Valentine’s Day candies.

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

The event will include panel discussions, hands-on demonstrations of new digital manufacturing tools, and a jewelry design contest.

Registration is now open for The Jewelry Symposium, set to take place in Detroit from May 16-19.

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.

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.

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.

The introduction of platinum plating will reduce its reliance on silver amid volatile price swings, said Pandora.

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.























