【China】Price of ‘King of Gems’ Diamond Plummets… Due to This Country’s Reluctance to Marry?
Editor’s NoteThe traditional diamond market is facing significant headwinds. As this article details, a combination of shifting consumer trends in…
Retail & Market
【Osaka, Japan】Announcement Regarding Commencement of LGD Gemstone Sales by Our Subsidiary
Editor’s NoteThis article outlines EDP Corporation’s strategic expansion into the lab-grown diamond (LGD) market through its new subsidiary, SFD…
【Japan】2024 Reuse Company Growth Rate Ranking (2023 Fiscal Year Edition)
Editor’s NoteThis article explains the methodology behind the Reuse Company Growth Rate Ranking, a key metric compiled by the Reuse Economy Newspaper…
【California, 】Two California Men Charged in NFT Fraud Case That Caused $22M in Losses
Editor’s NoteThis article details a recent U.S. Department of Justice indictment alleging a major NFT fraud scheme. It serves as a stark reminder of…
【Geneva, Swit】Is Winter Over for the Luxury Industry? Cartier’s Parent Company Sees Surge in Revenue – Chosun Biz
Editor’s NoteRichemont’s strong results, driven by resilient demand outside China, offer a cautiously optimistic signal for the luxury sector in…
【India】India Overtakes China to Become World’s Second Largest Natural Diamond Market
Editor’s NoteIndia has overtaken China to become the world’s second-largest natural diamond market by value in 2024, a significant milestone for its…
【Madrid, Spai】A Cartier for Kings? The Luxury Sector Shines on the Stock Market Spurred by Richemont’s Christmas Sales
Editor’s NoteThis article highlights a significant rebound in the European luxury sector, driven by strong holiday sales. The performance of…
【Italy】Loro Piana to Introduce Blockchain Traceability for Black Mountain Wool Products
Editor’s NoteLoro Piana will integrate blockchain technology to trace its rare Black Mountain wool starting in January 2025, enhancing transparency…
【Zurich, Swit】Richemont: Jewels Enrich Swiss Giant’s 24/25 Balance Sheet While Watch Sales Slow. Stock Rises on Market
Editor’s NoteRichemont’s latest results highlight a resilient performance, with strong jewellery sales driving profit growth despite challenges in…
【Switzerland】Richemont Returns to Growth in Its Third Quarter
Editor’s NoteThis article highlights Richemont’s record-breaking quarterly revenue of €6.2 billion, driven by strong holiday sales. The performance…