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35th World Diamond Congress - Day 1

Photo Gallery - 35th World Diamond Congress - Day 1

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IDMA WINC 214

Farnese Blue’ Diamond Could Garner $5.3M

A historic blue diamond that’s been in the same family for more than three centuries will hit the market for the first time this spring.

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Chaumet shows historic drawings at Paris’s Salon du Dessin

For the first time, the French jewelry house Chaumet is participating as an exhibitor, presenting a suite of artworks that persuasively link its history of exquisite design to the artistry seen in the surrounding booths.

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Victimized by fugitive diamantaire, Surat man languishing in Dubai jail

Not only did the fugitive chairman of Winsome diamonds Jatin Mehta defraud the Indian banks of Rs 7,000 crore, but he also ruined the life of his 27-year-old promising employee from Surat.

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Alrosa launches synthetics diamonds detector

Russian miner Alrosa (MCX:ALRS), the world’s top diamond producer by output, has unveiled its synthetics detector, aimed at cracking down on dishonest suppliers that mix lab-made stones with mined diamonds.

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Buccellati opens new store in Macau

Italian jewellery brand Buccellati opened its new bricks-and-mortar store in Macau, taking a step forward in its global expansion. The new Buccellati store is located in the newly opened MGM Cotai Mall.

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Is dry cleaning dying?

Since the recession almost a decade ago, when the unemployment rate rose to 10 percent and dry cleaning became a less essential expense, American culture as it applies to attire and convenience has moved the needle in terms of market need.

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Macy's CEO: Heritage won't bring the company into the future

Macy's, like many department stores, is going through a much needed transformation. Comparable sales, which have fallen for the last 11 quarters straight, finally turned positive in the most recent reporting period, with sales up 1.8%.

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The lab-grown gems threatening the diamond industry

"Our research shows millennials - people under the age of 35 – have different priorities when making purchases," says Sahag Arslanian, head of the Arslanian Group, an Antwerp based diamond-trading house whose origins lie in Lebanon.

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Lab-created diamond prices on the wane

Lab-created diamonds are becoming less expensive relative to natural equivalents as investment in lab-diamond production technology has rapidly improved production economics in the past few years.

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Armed police loot diamonds

Parliament..heard how heavily armed police officers numbering about 200, in mafia style, stormed the Mbada Diamond fields in Marange and looted gems worth millions of dollars before they broke television monitors and equipment in a raid...

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