US retail sales hit record growth during the recent holiday season, verging on pre-pandemic levels, thanks to lower inflation and a strong job market. Consumers spent $994.1 billion over the ...

The number of US jewelry businesses that closed their doors increased 15% in 2024, according to the Jewelers Board of Trade (JBT). A total of 720 firms discontinued operations during the year, ...

Rio Tinto’s diamond output rose in the fourth quarter as the company continued to ramp up production following a temporary closure to deal with ground sinkage, and the move to underground mining at a ...

Revenue at Richemont’s jewelry brands grew in the third fiscal quarter amid a resurgence in demand in all regions, primarily the Americas and Europe. Sales at Cartier, Van Cleef & Arpels, Buccellati, ...