【Botswana; So】Diamond Market Crashes, Global Giant De Beers to be ‘Sold to Africa’
Editor’s NoteThis article discusses a potential historic ownership change for De Beers, driven by market pressures and strategic divestment. While…
market downturn
“Diamonds Are Forever” Shaken… De Beers Sale Process Begins
Editor’s NoteThe diamond industry faces a pivotal moment as De Beers, a historic leader, enters a sale process. This development reflects broader…
【加拿大】Diamond Industry in Deep Freeze: Leading Seller May ‘Sell to Africa’ as Plummeting Marriage Rates and Young Couples’ Preference for Lab-Grown Diamonds Take Toll
Editor’s NoteAs precious metals markets experience volatility, the diamond industry faces a more profound structural shift. This article examines the…
De Beers Cuts Diamond Prices Amid Weak Demand, Surge of Lab-Grown Gems: Report
Editor’s NoteThis article details De Beers’ rare price cuts for rough diamonds, reflecting the severe pressures facing the global diamond market from…
Why the Luxury Watch Market Could Struggle for the Next Decade
Editor’s NoteThe luxury watch market’s post-pandemic correction signals a return to long-term fundamentals after an exceptional boom. This analysis…
【Switzerland】Business News: Richemont and Swatch Group’s Financial Results Reveal the Current State of the Swiss Watch Industry
Editor’s NoteThis week’s financial reports from Richemont and the Swatch Group reveal significant headwinds for the Swiss watch industry, with…
Anglo American’s Financial Report Reveals Challenges Facing De Beers Diamond Business
Editor’s NoteAnglo American’s latest financial report underscores the mounting pressures within the diamond sector, as reflected by a $2.9 billion…
Fading Diamond Market… De Beers Also Kneels [Raw Materials Focus]
Editor’s NoteDe Beers has implemented its steepest price cuts in years for rough diamonds, a move reflecting sustained market pressures and aimed at…
【China】China’s Luxury Market Expected to Drop 20% in 2024, When Will Recovery Come?
Editor’s NoteThis article highlights a pivotal forecast for the global luxury sector, indicating a potential downturn in 2024. The data underscores…
【哥伦比亚】Diamond Demand Led by China Remains Sluggish, De Beers’ May Rough Diamond Sales Drop 31% Year-on-Year
Editor’s NoteDe Beers’ latest sales figures reveal a continued slowdown in the global diamond market, with rough diamond sales declining…