The World Jewellery Confederation (CIBJO) has launched a new website to inform the jewelry trade and consumers of the proper terminology for describing lab-grown and natural diamonds.The website called “What Is a Diamond?” refers to diamonds as “a mineral consisting essentially of carbon.
ositive trading amid US and China retail recovery. Jewelry continues to perform well as consumers seek meaningful products that retain value. US jewelers optimistic after Senate approves $1.9 trillion stimulus bill and as vaccine rollout gains momentum. Jewelry sales +6% in Feb., Mastercard.
De Beers is embarking on a tracking program for the diamonds it supplies to sightholders, as the miner seeks to enhance its use of data and ensure customers create value from the rough they buy. The company will ask manufacturers for information on polished.
The sale of previously owned items could boost luxury companies’ revenues by up to 20% in the next 10 years and help it reach a broader audience, according to a report by Bain & Company.Resale will also enable the businesses to generate extra demand for new items, Bain said in its “A Vision.
Pandora restarted business at a number of locations that had been on lockdown, amid strong sales growth in February.Approximately 25% of the Danish jeweler’s retail network is currently closed due to a resurgence of coronavirus cases, compared to 30% in January, it said Tuesday. The company’s.