United States

BoE cuts interest rates to 4.25%

The Bank of England (BoE) has cut interest rates to 4.25%, down from the previous rate of 4.5%, marking the…

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De Beers rough diamond production falls 11% in Q1

The De Beers Group has reported its rough diamond production in Q1 2025 decreased by 11% to 6.1 million carats,…

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Fiskars appoints ex-Louis Vuitton president as Vita CEO

Global lifestyle brand Fiskars Group has appointed ex-Louis Vuitton president Daniel Lalonde as the new CEO of Business Area Vita…

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BoE holds interest rates at 4.5%

The Bank of England (BoE) has voted to hold interest rates at 4.5%, having cut the rate last month to…

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Alexandre Arnault exits Tiffany and Co in latest LVMH reshuffle

Alexandre Arnault, executive vice president of Product, Communications and Industrial at Tiffany and Co has stepped down from his role…

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The Royal Mint signs £100m deal with RARCOA to expand in US

The Royal Mint has signed an exclusive distribution deal to grow its commemorative coin business in the US. The deal…

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Richemont acquires Italian brand Vhernier

Richemont has announced that it has reached an agreement to acquire 100% of Vhernier, the distinctive Italian jewellery Maison, in…

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De Beers reports first rough diamond sales of $370m

The De Beers Group has reported that its rough diamond sales for its first sales cycle amounted to $370m (£292.8m)…

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Kismet by Milka signs 10-year lease for 110 New Bond Street

Turkish fine jeweller Kismet by Milka has signed a 10-year lease for 110 New Bond Street, situated on the corner…

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Giovanni Raspini launches limited edition Babylon collection

Giovanni Raspini has launched its new limited edition Babylon collection inspired by the Art Deco movement of the 1920s and…

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