Global members’ club for entrepreneurs Mettā has announced it will run a second cycle of its Fashion Product Lab, aimed at connecting designers with fashion-focused technology companies to launch and and scale their brands. The inaugural Fashion Product Lab was hosted by Mettā in Nairobi, Kenya, last year, with 10 designers – eight Kenyan and two Read More →

De Beers sold rough diamonds with a provisional value of $530 million in the fifth sales cycle (Global Sightholder Sales and Auction Sales) of 2017, indicating ongoing strong demand from the global industry. De Beers sold $530 million worth of rough diamonds at the fifth sales cycle of 2017, marking a 1.5% increase over Cycle Read More →

The De Beers Group of Companies said the value of its rough diamond sales for the ninth sales cycle of 2016 reached US$470 million, which the company said conforms to its expectations. The group reported US$494 million in rough diamond sales during the previous cycle. Bruce Cleaver, CEO of the De Beers Group, commented, “Encouragingly, Read More →

The De Beers Group of Companies recently announced that the value of rough diamond sales for the seventh sales cycle of 2016 reached US$630 million, up from US$528 million during the previous cycle. Bruce Cleaver, CEO of the De Beers Group, commented, “We saw healthy demand for our rough diamonds in Cycle 7, as manufacturers brought Read More →