U.S. De Beers Diamond Jewellers announces new Chief Executive Officer

16 May, 2011
De Beers Diamond Jewellers said that Devon Pike has been appointed as Chief Executive Officer of its U.S. business. She was previously a senior vice president at Juicy Couture after spending six years at Polo Ralph Lauren where she managed global... read more
 

Strong rise in first quarter revenues posted by DGSE Companies, Inc

6 May, 2011
DGSE Companies, Inc., which buys and sells jewelry, fine watches, diamonds, rare coins and precious metals products via traditional and Internet channels, reported that revenue for the three months ended March 31, was approximately $24.7 million, a... read more
 

Mother's Day spending to return to 2008 levels with jewelry popular, says NRF

1 May, 2011
Mother’s Day spending in the United States is forecast to reach the levels seen before the financial crisis in 2008 with jewelry being a popular choice, according to the National Retail Federation's (NRF) 2011 Mother’s Day Consumer Intentions and... read more
 

Wealthy U.S. consumers giving 'mixed signals' over willingness to spend

28 Apr, 2011
There are mixed signals so far this year from wealthy American consumers about their enthusiasm to spend, according to a survey by Unity Marketing.   Although the tracking company's Luxury Consumption Index (LCI) rose 6.7 points during the first... read more
 

Crater of Diamonds State Park visitor finds 8.66-carat white stone

28 Apr, 2011
A visitor to the well-known Crater of Diamonds State Park in Arkansas has found the third-largest diamond found by a visitor since the park was established in 1972. The 8.66-carat white diamond was found by Beth Gilbertson who said she initially... read more
 

Retail sales in the United States rose by 3.2 percent on year last week - survey

27 Apr, 2011
Retail sales in the United States increased by 3.2 percent on the year in the week ending April 23, according to a survey by the International Council of Shopping Centers (ICSC) and Goldman Sachs. The retail sales were up 0.4 percent from the... read more
 

Ponzi convict's diamond-set watches and jewelry to be sold at auction

26 Apr, 2011
Four diamond-set ladies watches designed by American celebrity Paris Hilton and a range of jewelry are among the items to be auctioned off following the jailing of an American man for scamming people. The swindler, Sean N. Healy, lived like a rock... read more
 

Americans seen spending more on luxury goods but demand value for money

20 Apr, 2011
Wealthy Americans are forecast to spend an extra $26.6 billion on luxury goods this year but will be looking for value for money, according to a poll released last week. Spending by American consumers on luxury goods, excluding cars and travel, is... read more
 

Sotheby’s New York jewelry sale raises highest-ever total for an April sale

15 Apr, 2011
Just days after auctioneers Christie's held a similar sale, Sotheby’s New York Magnificent Jewels raised its highest-ever total for an April sale – $39,367,350 The auction was 84.2 percent sold by lot, and 93.4 percent in financial terms. Of the... read more
 

10-carat fancy vivid purple-pink diamond fails to sell at Christie’s New York auction

12 Apr, 2011
A fancy vivid purple-pink diamond weighing 10.09 carats with a pre-sale estimate of $12 million-15 million failed to find a buyer at Christie’s New York Magnificent Jewels sale on Tuesday. The diamond was expected to be the highlight of the... read more
 
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