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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Jun- 2018 -26 JuneManufacturers
De Beers rough diamond sales increase in fifth sale cycle
De Beers has released data on its fifth cycle of rough diamond sales for 2018, with revenues provisionally secured at £575m. The figure increased by £21m compared with the previous cycle (£554m), and increased by £34m overall when compared with the same period last year (£541m). Bruce Cleaver, CEO of…
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May- 2018 -29 MayInternational
De Beers to launch new fashion jewellery brand with lab-grown diamonds
De Beers Group has announced the launch of a new company called Lightbox Jewelry that will begin marketing a new brand of laboratory-grown diamond jewellery in September. Lightbox lab-grown diamonds will retail from $200 (£150) for a quarter-carat stone to $800 (£603) for a one-carat stone. The line will…
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24 MayRetailers
Signet jewellers joins De Beers blockchain platform Tracr
Signet Jewelers will be the first retailer to join Tracr, an end-to-end diamond blockchain being developed by the De Beers group in collaboration with the diamond industry. A project team at Signet will work alongside the Tracr team to ensure the platform meets the needs of the jewellery manufacture and…
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23 MayRetailers
Forevermark unveils Millennial focused retail store in China
Forevermark, a diamond brand owned by De Beers, has launched Libert’aime, a new Millennial focused store at HKRI Taikoo Hui in Shanghai, China. The group said the store has been created to “celebrate the spirit of a new generation of women who are strong, unique, and authentic”, and offers diamond…
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18 MayEconomy
Global consumer demand for jewellery hits new record high of $82bn
Global consumer demand for diamond jewellery hit a new all-time high in 2017, climbing to US$82bn (£60.7bn), according to industry insight data published by De Beers Group. The US was the main driver for the overall 2% growth for the fourth consecutive year, where positive macroeconomics and strong consumer confidence…
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11 MayCurrent Affairs
De Beers successfully tracks first diamonds from mine to retail on blockchain
The De Beers Group has announced that it has successfully tracked 100 high-value diamonds along the value chain during the pilot of its industry blockchain platform. An immutable and secure digital trail was created for a selection of rough diamonds mined by De Beers as they moved from the mine,…
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8 MayFeatures
Augmented reality – What can it do for jewellery?
“Other retail industries are thinking about technological innovation in completely different ways,” says Jonathan Chippindale, CEO and co-founder of Holition, an augmented reality solutions and software provider, with concern, “and I worry that the jewellery industry isn’t waking up to this.” A recent survey of 1,000 shoppers, conducted by e-commerce…
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Apr- 2018 -19 AprilManufacturers
De Beers to pilot programme to support artisanal and small-scale diamond mining
De Beers has announced it is preparing to pilot a programme to create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. Named GemFair, it will use dedicated technology to record ASM production at mine sites that meet demonstrable ethical standards, with the aim…
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12 AprilEconomy
Diamond prices slow in March after events ‘impacted on confidence’
Diamond prices stabilised in March, but sentiment softened after a positive start to the year, says Rapaport. The international diamond network, said dealers were “disappointed with the Hong Kong diamond show and a major bank fraud involving two Indian jewellery companies impacted on confidence”. The RapNet Diamond Index (RAPI) for…
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10 AprilFeatures
Generation Z – the next wave of jewellery consumers
Jewellery brands have spent the best part of a decade coming to terms with the Millennial consumer. Sons and daughters of the baby boomer generation, they were vastly different to what had came before them in terms of tastes and habits, and brands scrambled to adapt to new preferences in…
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