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CSRWire - IAC s Upcoming Virtual Conference Convenes Industry Collective to Explore Balancing the Romance of Gold, Diamonds and Jewelry With the Consumer Demand for Sustainability, While Honoring Edward Asscher, Cristina Villegas, and Robert Weldon
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Cartier Sixième Sens: a new high jewellery collection for the senses
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Responsible Jewellery Council Launches SDG Taskforce Will Support Members to Help Measure and Report on Progress Towards the 17 UN Sustainable Development Goals (SDGs) Sets clear ambition to drive the UN 2030 Agenda for Sustainable Development and appoints a select group of industry leaders By: Diamond World News Service
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Responsible Jewellery Council (RJC), the leading standard-setting organisation for the jewellery and watch supply chain, announced today the launch of an SDG Taskforce to create a unified platform to benchmark members’ progress in the implementation of the 17 UN Sustainable Development Goals (SDGs). The UN SDGs are a call to action for all countries, organisations and people to come together in partnership to achieve a more sustainable and fairer future for all.
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No one will say that 2020 was a good year for the diamond industry or the world. But for De Beers, at least, 2021 is starting on an upbeat note.
The company could use it. Its recent financial results are almost a sea of down arrows: Total sales decreased by 27% to $3.4 billion, with rough diamond sales falling 30% to $2.8 billion. De Beers produced 18% less diamonds last year. Underlying EBITDA (earnings before interest, taxes, depreciation, and amortization) decreased by 25% to $417 million.
That EBIDTA number is particularly interesting in that it was almost all generated in the second half of the year when those earnings hit $415 million. In the first half, the number was a far less $2 million.
Tiffany Diamonds: Why They’re A Cut Above the Rest Share
From rough diamond to exquisite pieces in their blue boxes, this is the story of Tiffany & Co.’s diamond jewellery
When you hear the name “Tiffany & Co.” you might be reminded of a certain iconic film from the 1960s starring Audrey Hepburn. More likely, however, what comes to mind are gift boxes bearing a very specific – and iconic – shade of blue. And diamonds, of course. It goes without saying that Tiffany has long enjoyed a reputation as the premier purveyor of diamonds.
Charles Lewis Tiffany, the founder of the brand, was known as The King of Diamonds. He basically redefined the very concept of luxury in America and also made history when, in 1878, he purchased what was to become the famed Tiffany Diamond. Charles Tiffany was also responsible for the iconic Tiffany Setting where six prongs hold the diamond off of the band, thereby accentuating the diamond even better.
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