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 →

Demand for opals and opal jewellery in mainland China has surged dramatically these last few years, albeit from a small base, with high-end customers especially partial to black opals driving the growth. In separate interviews with JNA, opal wholesalers and jewellery manufacturers expressed their optimism regarding growth prospects on the mainland. Sam Carbone Opal Australia-based Read More →

The Chinese diamond industry was not spared from the effects of the global economic slowdown in 2015. Despite significant economic headwinds, China’s jewellery market continues to grow, albeit at a slower pace. Some diamond companies said their business aspirations on the mainland are on track, with a number of active players even expanding their reach Read More →

Luxury group LVMH Moët Hennessy Louis Vuitton reported a 7 percent growth in its watch and jewellery business during the first quarter of 2016 on the back of successful product launches and sustained customer interest. In its annual report, the group cited positive performance of its various luxury brands including Bulgari, Chaumet, TAG Heuer and Read More →

Hong Kong companies purchased pearls amounting to US$220 million from Japanese traders in 2015, 70 percent of which were re-sold to mainland China, according to a recent report. Pearl jewellery has been steadily gaining popularity in mainland China especially since Chinese first lady Peng Liyuan has been spotted wearing pearl ornaments on several occasions, Read More →