Trade Resources

From the rise of online retail giant Amazon, to a proliferation of new tools, apps and services meant to help brick-and-mortar retailers enter the online era, retailers can’t help but be aware that online shopping is transforming retailing as we know it. But beyond recognizing a general feeling of transformation, what are the hard numbers saying about online retail – in particular, who’s buying what and when and how they are making their purchases?

Global diamond conglomerate De Beers has decided to embrace diamond tracking and supply chain transparency with a plan to create what it says will be an “inclusive” platform built on blockchain, the innovative technology that acts as a public ledger for transactions made using cryptocurrencies such as Bitcoin.

International diamond conglomerate De Beers has announced that it will close the Victor mine, the first and only diamond mine in the Canadian province of Ontario, in 2019.

While social media marketing is a relatively new strategy for many brick-and-mortar retail jewelers, platforms including Instagram, Pinterest and Youtube – alongside the ubiquitous Facebook and Twitter – have proven to be effective drivers of engagement and sales for chain retailers and boutique jewelers in recent years.

Retailers, beware: Using the Tiffany name to sell any jewelry other than official Tiffany & Co. products could land you in hot water.

Two of India's biggest diamond manufacturers went bankrupt in August, putting hundreds out of work and fostering uncertainty about the future of the diamond industry in that country.

The two largest TV shopping networks have become one. Liberty Interactive, parent company of TV shopping giant QVC, has purchased the Home Shopping Network for $2.1 billion in stock.

According to research and consulting firm Bain & Co., the market for luxury goods in both the U.S. and Canada continues to underperform relative to the rest of the developed world, with growth for 2017 in the two markets expected to be flat at best. A decline of up to 2 percent in each market is a possibility.

U.S. Antique Shows, the world’s leading producer of indoor antique shows, recently announced their latest partnership with Polygon, the premier online community and trading platform for jewelry professionals, where members trade diamonds, jewelry, colored stones, watches, estate pieces and more.

When the Gemological Institute of America (GIA) laboratory in New York graded a 0.33 carat fancy blue diamond earlier this year, their initial evaluation didn’t reveal anything out of the ordinary. But upon closer inspection, GIA scientists noticed an odd combination of nitrogen and boron defects, as well as something extremely rare: the stone exhibited qualities of both type Ia and IIb diamond.