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Top News In Diamonds Net Today - Breaking & Trending Today

Diamonds.net - Mountain Province Slips into the Red

Mountain Province reported a loss in the third quarter despite record revenue, as the weak Canadian dollar dragged down its bottom line.The company had a net loss of CAD 7.2 million ($5.4 million) for the three months ending September 30, compared with a profit of CAD 8.8 million ($6.5 million). ....

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Diamonds.net - Signet Expands Blue Nile's Lab-Grown Bridal Range

RAPAPORT. Online retailer Blue Nile has begun offering larger and pricier lab-grown diamonds, including for engagement rings.

The e-tailer, which Signet Jewelers acquired in August, lists synthetic diamonds ranging from under 1 carat to more than 4 carats on its “Design Your Own Ring”. ....

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Diamonds.net - Podcast: Overoptimistic Retail?

RAPAPORT. Early projections for the US holiday season are upbeat, but that sentiment hasn’t filtered through to the rest of the diamond market, Rapaport’s editorial team observed.

“I was a bit surprised by the optimism,” noted Senior Analyst Avi Krawitz, chatting with News Editor. ....

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Diamonds.net - Pandora Stands by Forecast Amid Recession Fears

Pandora is holding steady in its sales projections for the year as it rolls out plans to withstand a possible recession, and even expects to hit the upper end of its predicted revenue.Sales will rise 4% to 6% on an organic basis for 2022, the Danish jewelry retailer predicted Tuesday. The. ....

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Diamonds.net - Kimberley Process Rejects Efforts to Put Russia on Agenda

RAPAPORT. Attempts to discuss Russia at the annual Kimberley Process (KP) plenary failed after the organization received differing views on whether the matter was under its remit.The European Union (EU) and five national governments wrote to the KP chair ahead of the gathering asking for. ....

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