Brilliant Earth to Report First Quarter 2022 Financial
SAN FRANCISCO, April 28, 2022 (GLOBE NEWSWIRE) -- Brilliant Earth Group, Inc. (“Brilliant Earth” or the “Company”) (Nasdaq: BRLT), an innovative,...
Source: globenewswire.com
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Tiffany joins Signet in banning new diamonds mined in Russia
The companies’ bans apply only to newly mined gems, meaning Russian diamonds will still be available in their stores for at least several months.
Source: mining.com
Diamonds.net - Brilliant Earth Sees Sharp Jump in Sales
RAPAPORT... Revenue at US jewelry retailer Brilliant Earth beat the company’s expectations in the fourth quarter, reflecting success in attracting younger customers, it reported.Net sales rose 38% year on year to $121.9 million for the period, while net profit slipped 15% to $11.4 million,...
Source: diamonds.net
Sanctions on Russian Diamond Giant Alrosa Have yet to Dent Industry
US sanctions against Alrosa and its oligarch CEO don't prohibit buying Russian diamonds, but some shoppers and companies are boycotting them anyway.
Source: businessinsider.com
Nearly a third of the world's diamonds come from Russia, but Biden's 'severe' sanctions on state-backed mining giant Alrosa have yet to dent the $79 billion industry
This 51.38-carat Alrosa diamond was included in a collection of 5 stones auctioned with a starting price of $10 million. YURI KADOBNOV/AFP via Getty
Source: businessinsider.com.au