J.K. (James Kevin) Symancyk, the company's new CEO, announced a turnaround plan last week to address these problems, as Signet reported a 6 per cent drop in quarterly sales (three months ending 1 ...

(IDEX Online) - Chow Sang Sang suffered a net loss of 74 of its 1,032 stores last year, amid weak demand, record-high gold ...

(IDEX Online) - Anglo American is reportedly in talks with banks about an IPO (initial public offering) for De Beers, its ...

(IDEX Online) - Botswana's economic outlook has been downgraded from stable to negative by S&P Global Ratings (S&P) on account of low demand for diamonds. It forecasts a steep rise in government debt ...

(IDEX Online) - Tributes have been paid to Asher Dalumi, founder of one of the world's leading diamond companies.

The World Jewellery Confederation (CIBJO), the American Gem Trade Association (AGTA) and the International Colored Gemstone ...

(IDEX Online) - Kim Kardashian has lost a second high-value diamond, this time at the wedding of Anant Ambani, son of Indian ...

(IDEX Online) - Debmarine Namibia, the joint venture between De Beers and the Namibian government, has reported a 38 per cent slump in its 2024 revenue. The company blamed weak global demand, ...

(IDEX Online) - Police in Orlando, USA, have recovered Tiffany & Co diamond earrings - two weeks after a suspect swallowed them. Jaythan Gilder, aged 32, allegedly posed as a representative of an ...

(IDEX Online) - Alrosa, Russia's state-run diamond company, considered the permanent closure of its low-margin mines, rather than the temporary suspension of operations that it announced last week.

(IDEX Online) - Swarovski returned to profit after five years, saw its 2024 revenue grow by 6 per cent and doubled its sales of lab grown diamonds. The private, family-owned Austrian company said it ...