(miningmx.com) - De Beers would experience a rebound in fortunes for the second half of its financial year with sales reaching $1.6bn, according to analysts at Morgan Stanley. The second half performance, partly prompted by the approaching year-end season which is traditionally a period of heightened sales for De Beers, would also reverse a $500m cash outflow from the first half.
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Petra Diamonds subsidiary ordered to wind up over unpaid tax
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LVMH’s watches & jewellery division revenue rose 8% in the first nine months of 2026
The Watches & Jewellery division of the French conglomerate LVMH, home to over 75 world-renowned luxury brands, recorded an 8% organic revenue growth during the first nine months of 2026 thanks to strong jewellery demand, despite a challenging economic...
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Indian diamond jewellery retailers anticipate a 15% - 20% increase in sales during the 2026 festive season, driven primarily by the sharp rise in gold prices which prompts consumers to consider diamond jewellery in more affordable price range...
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