News
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May- 2018 -15 May
Carats.io raises $1.6 Million in first financing round
Carats.io, an Israeli blockchain startup in partnership with the Israel Diamond Exchange, has raised $1.6m (£1.1m) in its first funding…
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14 May
Fancy colour diamond prices show stability
The Fancy Color Research Foundation (FCRF) has reported that fancy colour diamond prices showed stability in most categories in Q1…
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14 May
Retail consumer spending sees sharpest drop since 2012
Consumer spending has suffered its sharpest drop in six years, according to Visa’s latest consumer spending index. Spending in-store fell…
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14 May
Wet start to April dampens retail footfall
Footfall in April decreased by 3.3%, which is a significant decline compared to the 1.6% increase seen the previous year.…
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11 May
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…
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11 May
Smartphone purchases account for 54% of UK retail transactions, study finds
Retail purchases made on smartphones have seen a 66% increase in Q1 of 2018 compared to Q4 2017 according to…
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10 May
London Diamond Bourse announces ‘revitalised’ management board
Diamond trading association London Diamond Bourse has appointmented new staff to its council of management and its executive committee. The…
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10 May
Rising Middle East tension forces World Diamond Congress to cancel
The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have announced that due to rising…
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9 May
Alrosa auctions 101 special-sized diamonds for $14.8m
The United Selling Organization (USO) of Alrosa has sold 101 special size rough diamonds with the total weight of 1751.1…
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8 May
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,…
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