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De Beers to Verify Diamond Investment Product

De Beers has partnered with the Singapore Diamond Mint Company (SDM) to provide verification services that confirm the natural origins of diamonds being used for a new investment-grade product. Under the agreement, the International Institute of Diamond Grading & Research (IIDGR), a subsidiary of De Beers, will inscribe a unique identification number on the tables […]

LVMH Sees Strong Jewelry and Watch Growth

LVMH Moët Hennessy Louis Vuitton’s revenue from jewelry and watches increased 8% year on year to $1.12 billion (EUR 951 million) in the third quarter. Overall group revenue jumped 14% to $12.26 billion (EUR 10.38 billion) during the period, the luxury-product company reported Tuesday. The company noted a “remarkable performance” at Bulgari thanks in particular […]


Gem Diamonds Limited (LSE: GEMD) (Gem Diamonds, the Company or the Group) today announces its half-year results for the six months ended 30 June 2017 (H1 2017 or the Period). FINANCIAL RESULTS: Revenue US$92.9 million (US$109.1 million in H1 2016) Underlying EBITDA US$13.0 million (US$43.5 million in H1 2016) Attributable net profit, before exceptional items […]