Diamonds

Retail Asia29/06/2022

Hong Kong jeweler Luk Fook’s revenue and profit rose by around 30% to 40% for the full fiscal year that ended March 31, the company estimated. A low base of comparison with the previous year — which saw pandemic-related restrictions — is responsible for the increase during the period, Luk Fook said last week. In […]

Retail Asia05/06/2020

Asia is driving early signs of a revival in diamond prices amid an unstable global market affected by the Covid-19 crisis and protests. Rapaport, which monitors diamond trading trends, says the Hong Kong diamond market has regained traction as more demand comes from China, although there are concerns about tensions related to new Chinese security […]

Retail Asia12/09/2019

Singapore-headquartered online diamond marketplace, Luxiee, has raised a six-figure investment in a private seed-funding round. The team secured financier Kewee Kho, also vice-chairman of Roadbull Logistics and independent director of Courts Asia, as the leading investor. Luxiee, launched in January, bills itself as the world’s first online diamond marketplace that connects consumers directly to established […]

Retail Asia19/06/2018

De Beers Diamond Jewellers Hong Kong has launched a retail location, its fourth, in Kowloon. The 1000sqft store features bridal diamond jewellery including engagement rings and wedding bands, as well as high jewellery and iconic collections such as Talisman. The opening brings the chain’s global store count to 34. De Beers launched its retail chain […]

Retail Asia14/06/2017

The International Institute of Diamond Grading & Research (IIDGR) has partnered with Japanese bridal-jewelry retailer I-PRIMO to provide it with polished grading reports. The De Beers-owned laboratory will grade diamonds showcased at all 68 I-PRIMO stores in Japan, with the aim of boosting consumer confidence, IIDGR said last week. The reports will use De Beers’ […]

Retail Asia27/03/2017

Anglo American’s diamond specialist De Beers has bought the 50 percent stake held by French luxury goods group LVM in De Beers Diamond Jewellers for an undisclosed sum, taking full ownership of the retail operation. Analysts said the joint venture no longer fitted LVMH’s strategy, while Anglo American, which has long dominated global rough diamond […]

Retail Asia28/02/2017

The International Diamond, Gem & Pearl Show opened today and continues through 4 March at the AsiaWorld-Expo. This fourth edition of the show, organised by the Hong Kong Trade Development Council (HKTDC), welcomes more than 1,900 exhibitors from 39 countries and regions to showcase raw jewellery materials including quality diamonds, precious gems, semi-precious stones and […]

Retail Asia13/02/2017

The International Institute of Diamond Grading & Research (IIDGR), part of The De Beers Group of Companies has established its first retail partnership in Asia for its generic polished diamond grading services. The partnership with Soo Kee Group in Singapore formally launches in February under the retailer’s bridal specialist brand, Love & Co. for its […]

Retail Asia03/01/2017

Jubilee Enterprise, a listed diamond-jewellery retailer in Thailand, has revealed a plan to open physical stores under two strategic brands. Chief executive officer Unyarat Pornprakit said Jubilee Enterprise was currently managing two brands, Jubilee Diamond and Forevermark. “Jubilee Diamond is a diamond-jewellery brand that the company owns, which is currently the No 1 diamond-jewellery brand […]

Retail Asia28/12/2016

Diamonds may be a girl’s best friend, and that’s especially true of female millennials in China. According to diamond-producing giant De Beers SA, 68 percent of diamond jewellery sales in China ($6.78 billion in 2015) are driven by millennial women, many of whom are college-educated, not married and quickly cultivating a collection of the gems. Bloomberg […]

Retail Asia19/03/2016

Joining the list of retail jewellers who are part of the WDM Authorised Diamond Dealer programme is Le Lumiere owned by Tomei, a leading Malaysian retail jewellery chain. Le Lumiere has become the first Malaysian retail jewellery to be part of the program. An agreement to this effect was signed between Datuk Ng Yih Pyng, […]

Tag: Diamonds

Luk Fook to add 500 stores this year and expand online

Diamond prices showing signs of revival

Luxiee secures six-figure funding from Singapore angel

De Beers Diamonds expands into Kowloon

De Beers Inks Japan Retail Grading Deal

Diamond group De Beers buys out retail partner LVMH

Hong Kong International Diamond, Gem & Pearl Show Opens

IIDGR establishes its first retail partnership in Asia

Jubilee Enterprise plans stores for two diamond brands

Diamonds are China millennials’ best friend

Le Lumiere joins WDM Authorised Diamond Dealer programme