The billion-dollar acquisition still needs regulatory approval from the European Union, Japan, Mexico and Taiwan.
As the company nears a bankruptcy filing, here’s how it got there and how it may get out.
Non-essential construction stalled in New York City as a result of the COVID-19 pandemic.
Three new virtual events for the industry, a major appeals court decision, a colorful new summer collection and more.
Started in response to the pandemic, Virtu Gem sells rough from miners in Zambia and Malawi.
Four lucky winners will receive Gurhan jewelry as a token of the brand’s appreciation for frontline healthcare workers during the COVID-19 pandemic.
The New York City gemstone laboratory has developed a model system for doing business in person during the pandemic.
The online buyer and seller meetup is scheduled for Aug. 27 and 28.
The biennial gathering that brings together IDMA and the WFDB is scheduled for mid-September.
The Danish jewelry company also shuttered 32 stores in the second quarter, mainly in Germany, the U.K. and the Nordic countries.
The Continental Buying Group is pivoting from holding a physical jewelry trade show in October to a virtual one in September.
The convention centers in Miami Beach and San Diego were both converted to medical facilities and will not be changed back in time for the shows.
The diamond miner has inked a partnership with Antwerp-based cutter HB Group to buy all its diamonds weighing more than 10.8 carats for the rest of 2020.
And the price is likely to keep rising this year.
In a letter sent out Thursday, WFDB’s Yoram Dvash wrote there are multiple reasons to be optimistic about the state of the diamond industry.
The department store chain and owner Le Tote join the nearly 40 retailers that have filed for bankruptcy this year.
From offering immersive micro-experiences to fostering safe and comfortable spaces, retailers across industries must keep getting creative to remain relevant to consumers.
Jewelers Board of Trade President Erich Jacobs put the number of Q2 store closures in perspective, and gives predictions for the remainder of 2020.
GemGenève has adjusted its November show dates and the Bangkok Gems and Jewelry Fair pushed its fall event to early 2021.
States that experienced an uptick in COVID-19 cases saw large declines in consumer confidence.
The jewelry brands’ limited exposure to the recovering Asia-Pacific market dulled their performance in the first half of the year.
The department store chain is rethinking its store count as its customer base shifts to online shopping.
Declining orders from retailers have hit TAG Heuer and Hublot hard, though TAG’s new smartwatch has “been a great success.”
COVID-19 has quieted the usually bustling world of trade shows and events in 2020. Where do we go from here?
Lahri is the managing director of Lucara Botswana, which operates the Karowe mine. She’s the first woman—and the first female citizen of Botswana—to run a diamond mine in the country.