Tiffany & Co. reports higher-than-forecast net profit in fourth quarter

21 Mar, 2011
Luxury jewelry retailer Tiffany & Co. posted higher than anticipated net profit for the fourth quarter, up 29 percent, aided by strong international demand. However, although it still forecasts ongoing solid demand in most of its markets,... read more
 

Chain-store sales climbed 3.1 percent on the year last week

16 Mar, 2011
Chain-store sales in the United States for the week ended March 12 increased 3.1 percent on the year, according to a survey published by the International Council of Shopping Centers (ICSC) and Goldman Sachs. On a week-on-week basis, sales edged up ... read more
 

U.S. rough diamond imports surge 239 percent in January

15 Mar, 2011
The United States posted a sharp rise in gross imports of rough diamonds in January, up 239 percent by volume to 44,435 carats worth $55.6 million, an increase of 19 percent. The rough goods, which came mostly from Botswana, Angola and South... read more
 

Manhattan diamond dealers convicted in fake multi-million dollar robbery

9 Mar, 2011
Two diamond dealers from Manhattan's Diamond District have been convicted of staging a phony theft at their premises in a bid to win $7 million in insurance and rescue their struggling business. However, the scam was captured on a TV surveillance... read more
 

DTC starts registration process for 2012-2015 Supplier of Choice contract period

9 Mar, 2011
The Diamond Trading Company (DTC) has opened registration for the 2012-2015 Supplier of Choice contract period, with interested companies required to register online. The DTC held two webinars, or web-based seminars, on Tuesday for interested... read more
 

Botswana’s diamond exports rise 40 percent on the year in January

8 Mar, 2011
Botswana posted a 40 percent rise on the year in its exports of diamond in January to $354.3 million, according to data released by the Bank of Botswana. The country's exports soared 137 percent in January from December 2010 when it exported $150... read more
 

LVMH acquires Italian jeweler Bulgari in $5.1 billion takeover deal

7 Mar, 2011
France's LVMH, the world’s largest luxury goods groups, is to acquire Italian jeweler Bulgari in a deal which values Bulgari at 3.7 billion euros ($5.1 billion) and expands LVMH’s global coverage and to raise its margins by cutting costs.   The... read more
 

De Beers’ Diamdel says interest at February auctions was ‘unprecedented’

7 Mar, 2011
De Beers unit, Diamdel, which supplies goods to the so-called secondary market, reported that it had seen "unprecedented levels of participation" from 166 businesses from Belgium, Israel, India and the Asia Pacific region at auctions held last... read more
 

London court sentences armed robber to 21 years jail for $60 million Graff Jewellers heist

6 Mar, 2011
Armed robber, Craig Calderwood, who threatened to kill staff during a $60 million heist at Graff Jewellers in London in August 2009, has been jailed for 21 years.   Judge Jeffrey Pegden said Calderwood, 28, was “at the heart of the conspiracy” and ... read more
 

Zimbabwe rejects U.S. request for support for KP deputy chair bid

6 Mar, 2011
Zimbabwe and many diamond producing countries have informed the United States that they will not support its bid to be the vice president of the Kimberley Process (KP). US Deputy Assistant Secretary of State Susan Page visited the country last week ... read more
 
Page 15 of 22 << < 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 > >> 
© 2010 - 2013 Diamond Dealers Club
Contact Us About Us Terms of Use