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 Beersโ 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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Oct- 2019 -7 OctoberManufacturers
Diamond market slows ahead of Christmas period, Rapaport reveals
According to Rapaport, Diamond market sentiment was at its weakest last month after the Hong Kong show demonstrated a slowdown in Chinese demand. With the number of diamonds on RapNet declining by 3.3% in September to 1.45 million, buyers from mainland China are said to be cautious, as the US-China…
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Jul- 2019 -30 JulyAdvice
Targeting millennial jewellery shoppers
Millennials have been called a generation of industry-killers. The buying trends of this iconoclastic age group have severely dented several industries, including beer, napkins and mayonnaise. The spending power (or, more importantly, non-spending power) of millennials shouldnโt be underestimated. Forbes declared them the generation with the highest buying potential. So,…
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8 JulyAnalysis
Why sustainability is the key to targeting millennial jewellery shoppers
Millennials have been called a generation of industry-killers. The buying trends of this iconoclastic age group have severely dented several industries, including beer, napkins and mayonnaise. The spending power (or, more importantly, non-spending power) of millennials shouldnโt be underestimated. Forbes declared them the generation with the highest buying potential. So,…
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Jun- 2019 -19 JuneInternational
Gemometrics reveals GemPenโs ‘strong performance’ in DPA test
Gemometrics has revealed that recently published results from rigorous testing show that its GemPen diamond tester exhibited โhigh accuracyโ on a mix of synthetic and natural diamonds. Tests conducted as part of the ASSURE-program led by the Diamond Producers Association (DPA), an alliance between ALROSA, De Beers, Rio Tinto, among…
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May- 2019 -16 MayAppointments
RJC appoints new board and committee members at its 2019 AGM
The Responsible Jewellery Council (RJC) held its first virtual annual general meeting this week โ appointing a series of new board members. The event, held in partnership with leading software and audience engagement technology provider, Lumi, was broadcasted to all RJC member companies globally from Chatham House in London on…
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Apr- 2019 -23 AprilAppointments
Nancy Liu to become Forevermark CEO
De Beers Group has announced that Nancy Liu will become the new Forevermark CEO, stepping up from her current role as COO and taking over the day to day responsibility for the leading diamond brand. Stephen Lussier, executive VP of consumer and brands for De Beers Group, will continue to…
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11 AprilInternational
Signet Jewellers releases first CSR report
Signet Jewelers has released its 2018 Corporate Social Responsibility (CSR) report that highlights the companyโs global CSR initiatives. The report includes Signetโs progress toward goals set across its four CSR key areas: people, responsible sourcing, environmental stewardship and charitable giving. For the first time, the company produced an integrated CSR…
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Oct- 2018 -30 OctoberCurrent Affairs
Alrosa partners with De Beers to pilot Tracr programme
Tracr, the end-to-end diamond industry blockchain traceability platform being developed by De Beers Group has announced that Alrosa has joined the platformโs pilot programme. Alrosa will join industry leaders from the diamond manufacturing and retail sectors in creating the blockchain platform. Following the announcement of the Tracr pilot earlier this…
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Sep- 2018 -14 SeptemberInternational
De Beers Group completes acquisition of Peregrine Diamonds
De Beers Group has completed the acquisition of Peregrine Diamonds for a total cash consideration of C$107m (ยฃ62.6m). The transaction, which was originally announced on 19 July 2018, was approved by Peregrineโs securityholders on 31 August 2018 and by the Supreme Court of British Columbia in its final order dated…
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13 SeptemberEconomy
Gen Z and millenials now account for two-thirds of global diamond demand, says De Beers
The millennial and Gen Z generations combined accounted for two-thirds of global diamond jewellery sales totalling $82 ยฃ(ยฃ62.8bn) in 2017, according to data published by De Beers Group. ย De Beersโ latest Diamond Insight Report found that millennials, those currently aged 21 to 39, represent 29% of the worldโs population…
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