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Diamonds

Every story tagged Diamonds on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged Diamonds

12 stories in this topic

luk fook
Aiko TanakaFashion

Luk Fook to add 500 stores this year and expand online

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…

synthetic diamonds
Sarah ChenGeneral

Diamond prices showing signs of revival

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…

Luxiee
Wei ZhangGeneral

Luxiee secures six-figure funding from Singapore angel

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…

De Beers
Aiko TanakaGeneral

De Beers Diamonds expands into Kowloon

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.…

De Beers
Maria SantosFashion

De Beers Inks Japan Retail Grading Deal

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…

LVMH
Rajiv MenonFashion

Diamond group De Beers buys out retail partner LVMH

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…

synthetic diamonds
Sarah ChenGeneral

Hong Kong International Diamond, Gem & Pearl Show Opens

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…

synthetic diamonds
Rajiv MenonGeneral

IIDGR establishes its first retail partnership in Asia

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…

Diamond Shop
Rajiv MenonGeneral

Jubilee Enterprise plans stores for two diamond brands

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…

diamond
Wei ZhangFashion

Diamonds are China millennials’ best friend

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…

synthetic diamonds
Sarah ChenGeneral

Le Lumiere joins WDM Authorised Diamond Dealer programme

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…

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