De Beers
De Beers is one of the most influential names in the global diamond industry, shaping supply, pricing, and consumer demand through its mining operations and branding initiatives. For UK jewellery professionals, staying informed about De Beers’ activities is crucial to understanding market dynamics and trade opportunities. Jewellery Focus delivers comprehensive coverage of De Beers, including business updates, production reports, ethical sourcing initiatives, marketing campaigns, and their impact on the UK jewellery sector.
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Sep- 2020 -11 SeptemberFeatures
Edge of Ember: Forging a sustainable future
As we enter the age of the unknown following the peak of the Covid-19 pandemic, industries are finding themselves at a crossroads and looking for change. While consumers and creators begin to look beyond traditional norms, more and more brands have turned towards diamonds’ much younger cousin: the lab-grown variety. …
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11 SeptemberInternational
De Beers takes ‘flexible’ approach to rough diamond sales
De Beers Group today announced the value of rough diamond sales for the sixth and seventh sales cycles of 2020. The provisional sales of cycle seven totalled $320m (£249.7m), up from $287m (£224m) reported in the seventh cycle of 2019. In addition, rough diamond sales in cycle six totalled $116m…
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1 SeptemberAppointments
Kim Pelletier named Get Diamonds CEO
The World Federation of Diamond Bourses (WFDB) has appointed Kim E. Pelletier to serve as CEO of the newly formed Get Diamonds B2B diamond trading platform. Pelletier was most recently president of IGC Jewelry & Diamonds, has served as vice-president at Hearts On Fire, Memoire, and John Hardy, and was…
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Aug- 2020 -24 AugustAppointments
Céline Assimon named as new De Beers CEO
De Beers Group has announced that Céline Assimon will succeed François Delage the new CEO of De Beers Jewellers. Having worked at De Beers Jewellers for a decade, Delage will step down as CEO at the end of September. Following his departure, Assimon will join the business on 1 September…
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20 AugustDesigners
Diamonds capture luxury market share, says De Beers
Diamonds have an increased potential to “capture the luxury market share”, according to the third instalment of De Beers’ Diamond Insight Flash Report series. The series of reports aims to look at the consumer perspective on diamonds, and how it continues to evolve following the pandemic. The latest report includes…
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11 AugustInternational
De Beers publishes diamond industry insights
The CEO of De Beers Group has shared a range of key insights for the diamond trade ahead of the 2020 holiday season, as well as in the context of Covid-19. The insights are based on the findings of comprehensive consumer research taken across the US, China and India, with…
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10 AugustFeatures
In the spotlight with Veronica Favoroso, CEO of GemCloud
More businesses rely on the internet to go to market, generate sales and provide customer service. This means professional inventory management is increasingly being considered as a necessity and GemCloud, as the sector leader, has taken tremendous steps to bring the coloured gemstone industry online. The tech company has recently…
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Jul- 2020 -30 JulyInternational
De Beers jobs at risk following poor sales
De Beers has announced that total revenue plummeted 54% to $1.2bn (£920m) in its half-year results, with rough diamond sales falling to $1bn (£767m), down from the $2.3bn (£1.76bn) reported the year prior. In light of the damaged performance, CEO Bruce Cleaver told Reuters that the group would “likely” proceed…
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20 JulyDesigners
De Beers invests in Gemist
De Beers has invested in Gemist, an online jeweller that allows customers to create their own customised jewellery through its website The site also enables customers to try on their designed pieces at home before confirming the purchase. Customers are provided with an array of stones, metal and settings to…
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16 JulyInternational
Diamond sales plummet at De Beers
Rough diamond sales at De Beers slumped by 96% to $56m (£44.6m) in the second quarter of the year, down from $1.3bn recorded the year prior. This was largely driven by lower volumes, which plunged by 97% to 300,000 carats in the prios, while prices also fell. It comes after…
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