Introducing the Cartier Trinity Ring Lens on Snapchat, a groundbreaking AR try-on experience celebrating the 100th anniversary of The Trinity Collection. This innovative technology allows users to virtually try on Cartier’s Classic Trinity Ring with precision and realism, thanks to Ray Tracing and
The gem and jewellery trade experienced significant changes in both exports and imports amidst market fluctuations. According to GJEPC, exports decreased by 14.94% in April 2023 to March 2024, amounting to USD 32,022.08 million. Specifically, March 2024 saw a decrease of 11.85%, reaching
Mining giant Rio Tinto reported a 22% decrease in diamond production at its Diavik mine in Canada for Q1 2024, totaling 740,000 carats. This decline was attributed to a production pause to honor lost colleagues and lower ore mined from depleted ore bodies.
In Q1 2024, LVMH Jewellery & Watch sales dipped by 5% to €2.589 billion compared to the previous year. Tiffany & Co. introduced a new store concept globally, while Bulgari emphasized its iconic collections and launched Fondazione Bulgari to preserve cultural heritage. Chaumet
GIA (Gemological Institute of America), the world’s foremost authority in gemology, is now offering printed AGS Ideal® Reports. This report complements a GIA diamond grading report to capture a diamond’s beauty holistically. The AGS Ideal Report measures light performance, including brightness, fire, and
Limelight Diamonds, India’s leading CVD diamond jewellery brand, celebrates the inauguration of its second Kolkata store in just 15 months. Situated in the vibrant Kankurgachi area, this 500 sq. ft. store marks a significant expansion in Limelight’s nationwide presence. With over 10 stores
IIJS Tritiya 2024, held at BIEC Bengaluru, showcased evolving jewellery trends blending modernity and tradition. With over 900 exhibitors and 1,900 stalls, the event provided a vast marketplace for industry players. GJEPC Chairman Vipul Shah highlights Karnataka’s potential in gem & jewellery exports,
Lab-grown diamond retailers voice concerns over profitability amidst plummeting prices. Catherine Angiel of a New York fine jewellery business highlights the surge in demand but warns of struggles for smaller retailers. Lauren Petrovic of Laurenti New York notes declining dollar margins, emphasizing the
Ari Epstein, CEO of Antwerp World Diamond Centre (AWDC), announced his resignation after 13 years of leadership. The reasons for his departure and the timeline for appointing a successor are undisclosed. AWDC President Isidore Mörsel praised Epstein’s visionary leadership, attributing unparalleled growth and
