Diamond News
Diamond News from IDEX
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Slight Rise for LVMH's Watch and Jewelry Revenue
LVMH reported a slight rise in revenue from its watches and jewelry division during the first quarter of 2025, up 1 per cent to EUR 2.48bn... -
Bombshell: Trump's 26% Tariffs on Indian Exports
India's diamond industry is in shock today after the US imposed 26 per cent reciprocal tariffs on all its exports. That's almost double the 13.3... -
US Watch and Jewelry Sales Steady in February
Watch and jewelry sales in the US were stable in February, according to the latest figures from the US Department of Commerce, amid ongoing economic... -
Swiss Watch Slump: Exports to China down 25%
Swiss watch exports slumped in February, down 8.2 per cent, with sales in China down by a quarter. The Federation of the Swiss Watch Industry... -
Revenue Down, Stores Closed at Chow Sang Sang
Chow Sang Sang suffered a net loss of 74 of its 1,032 stores last year, amid weak demand, record-high gold prices and an economic slowdown in China,... -
Stacks of Cash: Two Charged with $1.7m Jewelry Raid
Two men in the US have been charged with a $1.7m sledgehammer raid on a jewelry store. They are alleged to have taken pictures of themselves... -
Kim Kardashian Loses Another Diamond
Kim Kardashian has lost a second high-value diamond, this time at the wedding of Anant Ambani, son of Indian billionaire Mukesh Ambani. Video... -
Swarovski Returns to Profit, Doubles Lab Grown Sales
Swarovski returned to profit after five years, saw its 2024 revenue grow by 6 per cent and doubled its sales of lab grown diamonds. The private,... -
Symancyk Announces Turnaround Plan for Signet
Signet's new CEO J.K. Symancyk has announced a turnaround plan for the world's largest diamond jewelry retailer after disappointing results and a... -
Court Rejects Richemont Design Claim Against Louis Vuitton
A French court has again ruled in favor of Louis Vuitton in a long-running legal battle with rival Van Cleef & Arpels over a clover design....