Diamond
Diamonds remain the cornerstone of the global jewellery trade, shaping trends and driving consumer demand across all market segments. For UK jewellers, designers, wholesalers, and manufacturers, staying informed about developments in the diamond sector is critical to navigating supply chain dynamics, pricing fluctuations, and shifting consumer preferences. Jewellery Focus provides comprehensive coverage of the diamond industry, including market analysis, ethical and lab-grown alternatives, regulatory changes, and insights into sourcing and sustainability. From the latest trends in diamond jewellery to updates from major producers and distributors, our reporting equips trade professionals with the knowledge to make informed commercial decisions.
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Feb- 2025 -25 FebruaryManufacturers
Republic of Botswana and De Beers Group confirm diamond partnership
The Government of the Republic of Botswana and De Beers Group have announced that the two partners have now signed the formal new agreements for the 50:50 Debswana mining joint venture. The parties have agreed a 10-year Sales Agreement, which may be extended by a further five years, and a…
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25 FebruaryTrade Organisations
RJC launches RJC Laboratory Grown Material Standard
The Responsible Jewellery Council (RJC) has launched the RJC Laboratory Grown Material Standard (LGMS) to set a benchmark for ethical and sustainable practices in the laboratory-grown (lab-grown) diamond and lab-grown coloured gemstone sector. The LGMS outlines the necessary provisions for RJC members working with lab-grown diamonds and lab-grown coloured gemstones,…
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24 FebruaryManufacturers
De Beers launches DiamondProof in stores
De Beers has announced the launch of its diamond verification device, DiamondProof, in select retail stores. The device, which can distinguish natural diamonds from non-natural diamonds, will also be available in a number of independent retail outlets. The first DiamondProof prototype instrument was unveiled at the JCK show in Las…
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21 FebruaryManufacturers
De Beers revenues plummet 23% in FY24
De Beers has reported a 23% reduction in total revenues to $3.3bn (£2.61bn) year-on-year, primarily due to a 25% reduction in rough diamond sales to $2.7 billion (£2.13bn). The consequential impact of lower sales volumes, a lower average price index and higher unit costs resulted in an underlying EBITDA of…
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19 FebruaryManufacturers
Céline Assimon steps down as De Beers CEO
De Beers CEO Céline Assimon has stepped down from her role after nearly five years. Assimon joined De Beers in September 2020 and succeeded former CEO François Delage. A year later,she was appointed as the head of both De Beers Jewellers and De Beers Forevermark. Prior to joining De Beers,…
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18 FebruaryDesigners
Atelier VM confirms Tota Pulchra relaunch
Atelier VM has announced the relaunch of its latest customisable jewellery piece, Tota Pulchra. First unveiled in 2019, the 9kt gold Tota Pulchra bracelet is returning with Atelier VM’s new customisable approach. The piece is customised using lamination and laser engraving and includes a Grumetta chain as a brace. Atelier…
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18 FebruaryDesigners
Giovanni Raspini launches four new ranges as part of SS25 collection
Giovanni Raspini has launched its new Spring-Summer 2025 collection, which features four new ranges: Animalier, Blade Colour, Selene, and Daisy Pearl. The Animalier collection is inspired by nature and features motifs from the animal kingdom, including crocodile, leopard, lion, chameleon and elephant. The collection includes 16 pieces: seven rings, two…
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17 FebruaryEconomy
Average diamond price rose 2.7% in 2024
The average price of a diamond rose 2.7% to $2,360 (£1872) in 2024, according to data from the Natural Diamond Council (NDC). Furthermore, overall jewellery sales across all product segments grew 5.2% in 2024. Round diamonds still accounted for 82% of centre stones, oval cuts featured in 165 of engagement…
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17 FebruaryManufacturers
Richard Duffy steps down as Petra Diamonds CEO
Petra Diamonds has announced that Richard Duffy has resigned as CEO and director of the company by mutual agreement and with immediate effect. Vivek Gadodia and Juan Kemp have been appointed as joint interim chief executive officers. Gadodia will have responsibility for all group corporate matters and Kemp will have…
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14 FebruaryManufacturers
January diamond prices drop in slow market
The diamond market was slow in January, with mixed reports about holiday sales, according to Rapaport’s RapNet Diamond Index. Diamond prices declined, with some improvement in 0.30- to 0.50-carat, and 1 carat diamonds — reflecting round D to F, IF to VVS2 goods, which saw a 0.4%, 0.6% and 2.3%…
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