U.S. consumer confidence holds steady in September

28 Sep, 2011

U.S. consumer confidence, which had declined sharply in August, remained essentially unchanged in September, according to the respected Conference Board Consumer Confidence Index. The consumer index now stands at 45.4 (1985=100), up slightly from... read more

Christie’s looks to spectacular with Fall jewelry season ending with Elizabeth Taylor sale

28 Sep, 2011

Auction house Christie’s is putting the final touches to spectacular fall season, the final part coming only in December with the much talked about sale of items from the collection of the late actress Elizabeth Taylor. Christie’s New York season... read more

Deloitte predicts 2.5-3 percent increase in holiday sales, driven by non-store business

27 Sep, 2011

While recent financial data both in the United States and abroad has cast a shadow over the upcoming holiday season, a just released forecast by Deloitte is providing some better cheer. Despite the slow U.S. economic recovery, it says U.S.... read more

Bloomberg: Following breakup with Swatch, Tiffany is attractive takeover target

26 Sep, 2011

Following the premature termination of its 20-year watch partnership with Swatch, luxury jeweler Tiffany and Co. Is an attractive takeover target, wrote Bloomberg in a lengthy online report released over the weekend.Despite having ended its alliance ... read more

Lazare Kaplan International certified by Responsible Jewellery Council

25 Sep, 2011

Lazare Kaplan International has become the latest diamond company to achieve certification from the Responsible Jewellery Council (RJC), which acknowledged that the New York-based firm has met the ethical, human rights, social and environmental... read more

Tiffany & Co. looking to expand its access to direct diamond mine supply

25 Sep, 2011

New York-headquartered luxury jeweler Tiffany & Co. is looking to increase its supply of rough diamond direct from the source, with the company’s chief executive Michael Kowalski telling the Financial Times the company would be ready to repeat a ... read more

Lower retail sales predicted for 2011 holiday season, but luxury retailers should stay buoyant

23 Sep, 2011

Retail sales in the United States during the 2011 holiday season are likely to rise 3 percent in November and December, compared with a 4.1 percent increase during the same two months a year earlier, suggests a study released by ShopperTrak, a... read more

First lady dazzles at New York political fundraiser with $42,150 diamond bracelet and cuffs

23 Sep, 2011

First Lady Michelle Obama wowed attendees at a a Democratic National Committee fundraiser in New York this week with a diamond bracelet and cuffs worth $42,150; and as she has done consistently with the clothes she wears, she promoted the talent of... read more

$300,000 diamond ring purchased from Blue Nile via iPhone

22 Sep, 2011

Changing consumer trends were illustrated recently when a prospective groom purchased a diamond engagement ring worth $300,000 from Blue Nile, using the Internet jewelry retailer’s iPhone app.“While an extraordinary purchase, large jewelry... read more

Diamond Empowerment Fund and China Charity Federation garner $2.5 million from Hong Kong benefit

22 Sep, 2011

A benefit dinner held at the Ritz-Carlton Hotel in Kong on September 20 brought in $2.5 million for the U.S.-based Diamond Empowerment Fund and the China Charity Federation.Chaired by Dr. Henry Cheng, vice chairman of the Chow Tai Fook Group, and... read more

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