AI Is Reshaping Luxury Shopping Faster Than Brands Are Adapting, Bain Report Finds
Luxury consumers are embracing artificial intelligence at a much faster pace than luxury brands, creating a growing gap between how shoppers buy and...
Swatch Seeks $170 Million From Samsung in Smartwatch Trademark Case
Swatch is seeking $170 million in damages from Samsung in a U.K. trademark case involving smartwatch apps that allegedly copied the look of watches...
JCK Take 3: De Beers, Community for Ethical Jewelry, Kohl’s
Bloomberg: Former CEO Penny Ahead of Other De Beers Bidders
A consortium headed by former De Beers chief executive Gareth Penny (pictured) is...
JCK Take 3: De Beers, Petra Diamonds, India Jewelry Exports
De Beers Sale Could Be Finalized Within Weeks, CEO Says
The sale of De Beers has "never been closer," CEO Al Cook (pictured) said today in an...
In Rare Move, Rolex Raises Prices for Second Time This Year
Rolex has again raised prices on its gold watches, by about 5% globally, after first increasing them in January an average of 6.2% in key markets...
De Beers: Self-Purchases, Younger Buyers Boost Diamond Demand
A new report from De Beers Group found that the U.S. market for natural diamonds is increasingly driven by younger consumers, non-bridal purchases,...
Higher-Ticket Purchases Drive U.S. Jewelry Sales Growth in May
Higher-priced purchases continued to drive growth in U.S. jewelry sales in May, even as the number of units sold declined, according to a monthly...
Prices for Smaller Diamonds Rise in May as Inventory Tightens
Diamond prices showed signs of recovery for smaller stones but slipped for stones of 1 ct. and higher in May, the Rapaport Group said. (more…)
JCK, Luxury Shows Report Higher Attendance for 2026
JCK and Luxury drew 17,500 attendees to Las Vegas this year—an increase in turnout for the annual trade shows at the Venetian resort in Las Vegas,...
Blancpain Unveils Ladybird Watches Inspired by Marilyn Monroe
Swiss watchmaker Blancpain has introduced a limited collection of jewelry watches inspired by a timepiece once worn by Marilyn Monroe. The launch...