Costco offering bargain - $1 million diamond ring valued at $1.6 million

11 Apr, 2011
Given its reputation as a store chain for budget buyers, it comes as something of a surprise that giant U.S. chain Costco is offering a ring set with a 6.77-carat for $1 million. The warehouse club, known for its bulk bargains on everything from... read more
 

DDC mourns death of London Diamond Bourse President Freddy Hager

8 Apr, 2011
The Diamond Dealers Club of New York said it mourns the sudden passing of Freddy Hager, the president of the London Diamond Bourse and the deputy treasurer general of the World Federation of Diamond Bourses, in London early on Friday.  “Freddy was... read more
 

Auctioneers Christie’s to sell Elizabeth Taylor's possessions, including jewelry

8 Apr, 2011
Elizabeth Taylor's renowned collection of jewelry, as well as works of art, clothing and memorabilia will be sold at a series of auctions by Christie's, the auction house said. Taylor's possessions, likely to attract huge worldwide interest, will... read more
 

Chain store sales rise 2.8 percent for week ending April 2, says ICSC

6 Apr, 2011
Chain-store sales in the United States for the week ending April 2 increased by 2.8 percent from a year earlier, the International Council of Shopping Centers and Goldman Sachs said in a survey. On a week-by-week basis, sales rose 2.3... read more
 

Thieves steal diamonds worth millions of dollars from Baselworld booth

31 Mar, 2011
Thieves stole four diamonds worth several million dollars from an Israeli exhibitor on the last but one day of the Baselworld watch and jewelry show, police said. "On Wednesday, 30 March 2011, at around 11:00 am, one of the as yet still... read more
 

Signet Jewelers says fiscal fourth quarter sales rose by 6.2 percent to $1.27 billion

31 Mar, 2011
Signet Jewelers, one of the largest jewelry retailers in the United States, reported a 6.2 percent increase in fourth fiscal quarter sales to $1.27 billion for the period that ended January 31.    Same-store sales, an important indicator for the... read more
 

Elizabeth Taylor's jewelry to be auctioned by Christie's - report

30 Mar, 2011
Following the death of movie legend Dame Elizabeth Taylor last week, her jewelry collection, valued at $150 million, is to be sold by auction house, Chritie's, according to People magazine. Christie’s has not confirmed the report and whether the... read more
 

Tiffany & Co. and Diamcor Mining Inc. sign strategic alliance and financing deal

29 Mar, 2011
Diamcor Mining Inc. has announced a long-term strategic alliance, and closed a financing agreement with luxury jewellery retailer Tiffany & Co. Tiffany & Co., together with its diamond sourcing and polishing unit Laurelton Diamonds South... read more
 

Tiffany & Co. agrees strategic alliance and financing deal with Diamcor Mining Inc.

28 Mar, 2011
Diamcor Mining Inc. has announced a long-term strategic alliance, and closed a financing agreement with luxury jewellery retailer Tiffany & Co. Tiffany & Co., together with its diamond sourcing and polishing unit Laurelton Diamonds South... read more
 

Harry Winston reports profit for fourth quarter and 2010

23 Mar, 2011
Harry Winston Diamond Corp. returned to profitability in the fourth quarter, with rising demand for diamonds in the United States and in emerging markets enabling it overcome a loss in the same period a year earlier.  Harry Winston reported net... read more
 
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