Daily Digest

Jewellery News from Around the World in One Place
Daily Digest - December 21, 2017

Jewelry Industry Is Devastated By Drop in Demand for Diamonds

Although retailers enjoyed a record $5 billion in sales on Black Friday 2017, there’s one thing people weren’t buying: Diamonds. Black Friday 2018 was the worst day for mall sales of diamonds in 25 years. Sigmet, the parent company that owns Zales, Kay and Jared stores, announced that its 2017 sales have been light and it will shed 125 stores in 2018.
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Daily Digest - December 19, 2017

A Pastor Found a Massive 709-Carat Diamond- Now He Hopes It Will Help His Country

DAKAR, Senegal — When a high-profile diamond auction took place on a blustery New York morning this December, an unusual watcher was among the billionaires, collectors and jewelry houses that make up the typical bidders. Emmanuel Momoh, a tall and soft-spoken pastor from Sierra Leone who had traveled outside his country for the first time. 
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Daily Digest - December 19, 2017

Sue Gilhooly - How She Made It

Five years ago, while seeking something sparkly to mark a personal achievement, Sue Gilhooly met Charlie Cullen, then general manager of the jeweller Boodles on Grafton Street. He would go on to be her life and business partner. From Carrickmacross in Co Monaghan, where her family own the Nuremore hotel, Gilhooly studied hospitality management in Cathal Brugha Street.  
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Daily Digest - November 30, 2017

Pure Grown Diamonds Launches First-Ever Bridal Jewelry Collection

Pure Grown Diamonds, the pioneers in the above earth diamond industry and the largest selling grown diamond brand in the United States, announces their first bridal jewelry collection across 300 retail stores in the United States. Pure Grown Diamond's first-ever bridal collection consists of distinct pieces using their most exquisite Type IIa diamond in a variety of shapes and styles.
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Daily Digest - November 30, 2017

Why Diamonds and Gems Are Catching the Eye of Serious Investors

The kind of sensational headlines that have been associated with multimillion-dollar art transactions are now occurring with notable regularity in the world of diamonds and gemstones. News makers include Laurence Graff, who acquired a $53 million, 1,109-carat uncut diamond in late September, and Christie’s, which announced that this month it will sell a 163-carat D-flawless diamond.  
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Daily Digest - November 30, 2017

'Pink Promise' Diamond Sells for More than US$32M in Hong Kong

An enormous oval diamond named the "Pink Promise" was sold Tuesday for an eye-watering US$32.16 million at auction in Hong Kong. The 14.93-carat pink gemstone went to an unidentified phone bidder as applause filled the room. Auctioneers Christie's said it was the second highest price per carat paid for a pink diamond. 
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Daily Digest - November 28, 2017

December Birthstones

Embrace the blues this winter with the three December birthstones: tanzanite, zircon and turquoise – with all three best known for the stunning shades of blue that they can come in. Zircon is the oldest mineral on earth, and one of the first stones to be mined and used in jewellery.  Zircon can come in many assorted colours, but blue is the overwhelming favourite.
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Daily Digest - November 28, 2017

UK Christmas Sales Predictions are Down for the First Time in 10 Years

Not wanting to be the bearer of bad news, but being a great believer in ‘forewarned is forearmed’, sales forecasts in the UK Christmas season have been downgraded for the first time in 5 years. And why? Basically, the rise in interest rates, a period of high inflation coupled with wage growth still not catching up. People in the UK are finally drawing their purse strings in a little. 
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Daily Digest - November 28, 2017

Why the Royal Engagement is Good News for Bespoke Jewellers

On the romance scale of 1-10, the engagement of Prince Harry and Meghan Markle that hit the headlines this week is hitting 1,000,000! Images are everywhere on both sides of the pond, as British Royalty and an American TV celebrity are going to seal their own special relationship.
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Daily Digest - November 28, 2017

Gems and Jewelry Market Overview, Growth Opportunities, Emerging Market Demands, Market Analysis and Forecast

Gems and Jewelry market research provides actionable intelligence on major parameters impacting the market; analyses the market performance of key companies; market dynamics of key segments; outlines the market performance across global regions. The insights of industry over past 5 years and a forecast until 2022 is provided. 
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