Epiris has sold Bonhams to Pemberton Asset Management, which has replaced the auction house’s senior executive leadership. The sale comes following nearly three years on the market, as Epiris first ...

Swiss watch exports rose in most markets during September, but a significant decline in the US offset the month’s overall growth. Shipments of luxury timepieces fell 3.1% year on year to CHF 1.99 ...

US consumer spending this holiday season is likely to come close to last year’s record, dropping $12 per person to average $890, according to the National Retail Federation (NRF) forecast. Of the ...

The diamond industry is undergoing a significant and transformative shake-up. With a major dip in natural-diamond prices, many companies have either diversified their operations to include both ...

While the hands-on approach is still crucial, artificial intelligence is already a boon to mapping and polishing stones – and there’s more on the horizon. The diamond-manufacturing industry has made ...

The diamond industry has been involved in a long-standing dispute over the proper terminology for man-made diamonds. Meanwhile, jewelry retailers that deal with the public say they are more concerned ...

Jewelry specialists Anellie Manolas and Susan Abeles met while working at Bonhams in 2012. Describing themselves as “kindred spirits,” they share the same passion for researching pieces in-depth.

The drop in diamond recoveries is a response to market conditions, but also a reflection of diminishing prospects for viable new mines. Diamond miners are postponing sales and reviewing their ...

As the luxury market sharpens its focus on a more sustainable future, the biggest names in watchmaking are embracing new eco-friendly practices to minimize their environmental impact. What steps are ...

The governments of Botswana and Angola are bidding to buy De Beers, paving the way for a new era of African ownership for the diamond miner, according to statements from both countries. “We have ...

Bruce Cleaver had a very focused “to do” list when he took over as De Beers CEO in July 2016. Having previously worked on strategy and business development at the company, as well as at parent Anglo ...

It was still late 2022 when signs started to emerge that a market slump was on its way. Dealers and retailers reported a sluggish holiday compared with 2021’s record season. Mastercard SpendingPulse ...