The Daily Setting

De Beers rough diamond sales hit $450M in March cycle

The latest sight saw strong demand for 1-2 carat rough, with prices up 4% from January. Sightholders report healthier margins as polished inventories thin out across Antwerp and Mumbai.

Signet Jewelers reports 8% growth in custom design orders

The retailer credits in-store AI visualization tools for the uptick. Customers who use the design tool convert at 3x the rate of traditional consultations, with average order values 40% higher.

Bulgari unveils Mediterranea high jewelry at Milan Design Week

The 120-piece collection draws from coastal mosaics and features a 38-carat Sri Lankan sapphire centerpiece. Retail prices range from $45K to $2.1M.

Pandora launches fully recycled gold line, targets $200 price point

The Danish brand aims to bring recycled 14K gold to a mass market segment. The initial 24-piece capsule ships in June across 15 markets.

GIA introduces AI-assisted clarity grading for round brilliants

The new system uses multi-angle microscopy and machine learning to flag inclusions with 97% consistency. GIA says it reduces grader disagreement by 60% on VS1/VS2 borderline stones.

RapNet adds real-time memo tracking for dealers

Dealers can now see where memo stones sit in the pipeline and get alerts when consignment periods are about to expire.

Stuller releases API for custom mounting configuration

Retailers can now integrate Stuller’s 40,000+ mounting catalog directly into their own design tools via REST API.

LVMH watch & jewelry revenue up 12% in Q1

Tiffany North America and Chaumet Asia drove most of the growth.

India cuts import duty on lab-grown diamond seeds to 0%

The move is expected to boost Surat’s CVD production capacity by 25% over the next year.

JCK Las Vegas early registration hits record numbers

Organizers report 18% more pre-registrations than the same period last year.