China’s Appetite For Bling
The sparkling stones are a new love in a country where gold and jade have traditionally signaled love. China's love for the sparklers is high.
Articles Tagged "economic downturn"
Diamond: Waiting To Exhale
The diamond industry braces for more hardships as Black Friday sales brought in little green. The landscape appears bleak. Will De Beers $1 billion rights issue and Africa Israel's $2.1 billion debt shenanigans bring out the sun?
DeBeers hails bottom has been hit
The crisis in the diamond industry has hit bottom, and the industry can now look forward to growth, according to DeBeers managing director Gareth Penny. Mr. Penny relayed this message to a room full of diamond merchants, manufacturers, and leaders at the Diamond Town Hall Meeting on June 3rd.
