President Trump said he has reached a trade deal with India, which, when made official, will bring relief to the country’s diamond industry.
Swatch assessing damage following factory fire
A spokeswoman for the Swatch Group said the company is still trying to determine how a fire that destroyed a unit within its ETA factory on Sunday will impact production.
Grenchen, Switzerland--A spokeswoman for the Swatch Group said the company is still trying to determine how a fire that destroyed a unit within its ETA factory on Sunday will impact production.
According to Swatch Group, the fire broke out around 8:45 a.m. local time in the galvanic department, located in the main building of the ETA manufacturing facility in Grenchen.
While the factory never completely closes, Swatch Group spokeswoman Béatrice Howald said there was no activity in this area at the time of the fire, so no workers were injured.
ETA firefighters and two firefighters from the Grenchen fire department battled the blaze, and managed to get it under control by 9:30 a.m. before it could spread to neighboring manufacturing facilities.
The cause of the fire remains under investigation, and Howald said Swatch Group is continuing to assess how the fire, which did “considerable” damage, will impact production.
ETA is the arm of the Swatch Group that makes the movements and watch components for both mechanical and quartz watches, supplying its own brands, such as Blancpain and Longines, as well as a number of other companies.
Howald said almost all components’ surfaces are treated and undergo the galvanic process, which means that the production of “many brands” will be impacted by the blaze.
The Latest

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

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

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

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


The Texas jeweler said its team is “incredibly resilient” and thanked its community for showing support.

From cool-toned metal to ring stacks, Associate Editor Natalie Francisco highlights the jewelry trends she spotted at the Grammy Awards.

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

The medals feature a split-texture design highlighting the fact that the 2026 Olympics are taking place in two different cities.

From tech platforms to candy companies, here’s how some of the highest-ranking brands earned their spot on the list.

The “Khol” ring, our Piece of the Week, transforms the traditional Indian Khol drum into playful jewelry through hand-carved lapis.

The catalog includes more than 100 styles of stock, pre-printed, and custom tags and labels, as well as bar code technology products.

The chocolatier is bringing back its chocolate-inspired locket, offering sets of two to celebrate “perfect pairs.”

The top lot of the year was a 1930s Cartier tiara owned by Nancy, Viscountess Astor, which sold for $1.2 million in London last summer.

Any gemstones on Stuller.com that were sourced by an AGTA vendor member will now bear the association’s logo.

The new addition will feature finished jewelry created using “consciously sourced” gemstones.

In his new column, Smith advises playing to your successor's strengths and resisting the urge to become a backseat driver.

The index fell to its lowest level since May 2014 amid concerns about the present and the future.

The new store in Aspen, Colorado, takes inspiration from a stately library for its intimate yet elevated interior design.

The brands’ high jewelry collections performed especially well last year despite a challenging environment.

The collection marks the first time GemFair’s artisanal diamonds will be brought directly to consumers.

The initial charts are for blue, teal, and green material, each grouped into three charts categorized as good, fine, and extra fine.

The new tool can assign the appropriate associate based on the client or appointment type and automate personalized text message follow-ups.

Buyers are expected to gravitate toward gemstones that have a little something special, just like last year.

Endiama and Sodiam will contribute money to the marketing of natural diamonds as new members of the Natural Diamond Council.

The retailer operates more than 450 boutiques across 45 states, according to its website.

The new members’ skills span communications, business development, advocacy, and industry leadership.























