US retail sales hit record growth during the recent holiday season, verging on pre-pandemic levels, thanks to lower inflation and a strong job market. Consumers spent $994.1 billion over the ...

The number of US jewelry businesses that closed their doors increased 15% in 2024, according to the Jewelers Board of Trade (JBT). A total of 720 firms discontinued operations during the year, ...

Julia Hackman Chafé and Monica Elias have joined the board of Diamonds Do Good, and will help the organization enhance its consumer reach. Chafé is a third-generation gemstone dealer who moved into ...

Rio Tinto’s diamond output rose in the fourth quarter as the company continued to ramp up production following a temporary closure to deal with ground sinkage, and the move to underground mining at a ...

The Diamond Council of America (DCA) and Jewelers of America (JA) have reopened a fund dedicated to collecting donations for those in the industry who have been affected by California wildfires. The ...

An international investor has purchased 71 million shares in mining company Star Diamond that belonged to a previous partner of its Fort à la Corne diamond-exploration project. The unnamed investor ...

Monnickendam Diamonds has hired Matthew Girling, an industry veteran with 45 years of experience in the jewelry business, as its chief of staff. Girling qualified as a gemologist with the Gemmological ...

Macy’s will shutter 66 locations across the US as part of its new strategy to focus on removing underproductive stores in an effort to increase profitability. The move is part of a wider plan to close ...

Ethical Metalsmiths has elected industry veteran Brandee Dallow as president, succeeding Christina Malle. Dallow took up the position on January 1 for a period of two years, the group — which focuses ...

Signet Jewelers’ stock fell 20% as the retailer reduced its guidance following lower-than-expected holiday sales. Same-store sales — at branches open for at least 12 months — slipped 2% year on year ...

Zambia has reintroduced a 15% export duty on all precious gemstones, posing a major hurdle for Gemfields, which operates the country’s Kagem emerald mine. The government revoked the 2019 duty ...

Professor Henry Hänni, director of the Swiss Gemmological Institute (SSEF) for 19 years, died on January 9 at the age of 80. Hänni, a pioneer in the field of gemology, began his career as a technical ...