South Africa’s Abbey Chikane, who has recently arrived in Zimbabwe to monitor the Kimberley Process, has allegedly been described as advancing Europe’s interests during his current visit. Thankful Musukutwa, the Permanent Secretary in Zimbabwe’s Mines and Minerals Ministry is alleged to have stated “This person appointed to this Kimberley Process is the Zimbabwe sanctions advisor [...]
pLuxury group LVMH Moet Hennessy Louis Vuitton has introduced its exciting new web platform, NOWNESS.com, which will showcase an exclusive daily premiere of the most inspiring stories influencing contemporary arts and global lifestyle./p pldquo;NOWNESS has a distinct advantage in that our software is capable of assessing our usersrsquo; interests and tailoring our recommendations for stories [...]
Tiffany & Co. (NYSE: TIF) declared a regular quarterly dividend of 20 cents per share. This reflects the 18% increase in the quarterly dividend rate announced by the Board of Directors on January 21, 2010. The quarterly rate was then increased from 17 cents per share to the new rate of 20 cents per share. [...]
Research and Markets has announced the addition of the “Worldwide Jewelry Market Demand and Opportunities” report to their offering. The report covers global gems and jewelry industry structure, market size, trends and opportunities prevailing. In terms of geography the publisher has discussed United States, which accounts for the largest percentage of the market, European Union [...]
“We can sell our diamonds our own way,” Zimbabwean President Robert Mugabe told a trade and tourism fare held in Harare, according to local media reports. “We are trying to play their way, but we could go outside the KP system and do it otherwise,” Mugabe, is reported to have told journalists. The declaration comes [...]
LVMH Mo?t Hennessy Louis Vuitton, the world’s leading luxury products group, recorded revenue of 17.1 billion Euros in 2009. In a difficult economic environment, the Group continued its strong growth in Asia and showed good resilience in Europe. Louis Vuitton recorded double-digit revenue growth for the year. In the Watches & Jewelry business group, an [...]
Rio Tinto has appointed Ian Bauert as managing director, China, with immediate effect. Ian will be based in Shanghai and will lead Rio Tinto’s 160-strong team of employees in Beijing, Shanghai and Guangzhou. He speaks fluent Mandarin and established the company’s first office in China more than 25 years ago. Ian has since held numerous [...]
The Jewelry & Watches: Global Industry Guide, an essential resource for top-level data and analysis covering the Jewelry & Watches industry, is now offered by Research and Markets. It includes detailed data on market size and segmentation, textual analysis of the key trends and competitive landscape, and profiles of the leading companies. This incisive report [...]
The Board of Directors of Tiffany & Co. (NYSE: TIF) have approved a change in the company’s dividend policy whereby the regular quarterly dividend rate will be increased, effective with the next payment in April, to 20 cents per share on its Common Stock from the current 17 cents per share, an increase of 18%. [...]
Worldwide sales at Tiffany & Co. (NYSE: TIF) increased 17% in the two months ended December 31, 2009 due to growth in all three geographic segments. Management now believes that net sales and earnings for the fiscal year ending January 31st will exceed its previous expectations. “We are extremely pleased by these holiday sales results. [...]
Rio Tinto says that the Chinese Public Security Bureau, which is investigating the four Shanghai employees detained on 5 July 2009, has transferred the case to the People’s Procuratorate. Sam Walsh, chief executive Iron Ore, said, “This transfer is the next stage in a continuing legal process under Chinese law. It would not be appropriate [...]
Diamond News: During the course of 2009 Diamdel continued to sell a full range of rough through both its traditional direct sales channel, and innovative online auction channel. Auction sales in particular played an important role in helping Diamdel provide access to rough to all those non sightholder companies who have registered with the company [...]