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LVMH Sees Value in Tiffany’s Diamond Sourcing
A storied past and popularity as a brand might bethe first things that would attract a potential suitor to Tiffany & Co. ButLVMH has identified another key attribute that made the US jeweler a valuabletarget: its ability...
Retail Nov 28, 2019 Joshua Freedman
Tiffany & Co 150
Tiffany to Close Antwerp Polishing Facility
Tiffany & Co.’s manufacturing unit, Laurelton Diamonds,plans to shut its polishing center in Antwerp, shifting the operations to its otherworkshops in Botswana, Cambodia, Mauritius and Vietnam. Laurelton will continue to carry out rough sourcing,sorting, marking...
Manufacturing Mar 15, 2018 Joshua Freedman
tiffany store
Tiffany’s Diamond Wholesale Business Boosts Sales
Luxury jeweler Tiffany& Co. reported an increase in revenue and profit in the second fiscalquarter lifted by its wholesale diamond business and e-commerce platform, whileits brick-and-mortar stores continued to struggle.Group sales rose 3%year on year to $960...
Retail Aug 24, 2017 Rapaport News
Laurelton Diamonds
Laurelton-Reign Factory To Re-Open After Tiffany Exit
A Namibian diamond cutting and polishing company that provided diamonds for Tiffany & Co. is to re-open after shutting down earlier this year, but without Tiffany’s involvement, daily The Namibian reported, citing the country’s...
Mining Oct 28, 2015 Rapaport News
Ellendale Mine
Kimberley Diamonds Downgrades 2014 Guidance
Kimberley Diamonds lowered its revenue forecast slightly for the fourth quarter and fiscal year that ends on June 30, 2014, following its unsuccessful negotiations to raise prices on its supply of fancy yellow diamonds...
Mining May 12, 2014 Deena Taylor
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