Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Signet Facing Probe over Credit Practices

07 december 2017
US authorities are investigating Signet Jewelers over its credit operations, the retailer revealed in a Securities and Exchange Commission filing last week.
The Consumer Financial Protection Bureau (CFPB) informed Signet on September 6 that it may take legal action against the jeweler, alleging that it violated certain sections of the Consumer Financial Protection Act of 2010 and the Truth in Lending Act. The allegations relate to Signet’s in-store credit practices, promotions and payment-protection products, the retailer explained.
Signet will have the opportunity to present its position to the CFPB before the bureau begins enforcement action.
“Signet continues to believe that its acts and practices relating to the matters under investigation are lawful,” the company’s December 1 statement said. “Signet is currently unable to predict the timing or outcome of the [response] process…and no possible loss or range of losses, if any, arising from the investigations is able to be estimated.”