Dominion Diamond Deal Dies, Fueling Doubts About Ekati

The stalking-horse bid for the Dominion Diamond Mines has fallen apart, raising doubt about the future of Ekati, the pioneering Canadian mine that...

Supreme Court Declines To Hear Sterling Class-Action Appeal

On Monday, the U.S. Supreme Court declined to hear Sterling Jewelers’ appeal of a court ruling that will allow 70,000 female employees to...

Man Pleads Guilty To Violating Kimberley Process Law

In what appears to be the first prosecution of its kind, Stanley Tipton, a 45-year-old Ohio resident, pleaded guilty to violating the Clean Diamond...

LVMH Says Pandemic Killed Tiffany Deal

In Monday's filing with the Delaware Court of Chancery, LVMH argued that Tiffany & Co. has been “devastated” by the COVID-19 pandemic,...

How the FinCEN Leaks May Affect the Jewelry Business

This week, the International Consortium of Investigative Journalists (ICIJ) announced it had received a massive leak of thousands of suspicious...

Tiffany, LVMH Butt Heads in First Court Hearing

At a Sept. 21 hearing, counsel for Tiffany and LVMH differed strongly on whether the two parties’ 2019 merger agreement should go through as...

LVMH Calls Off Tiffany & Co. Acquisition

After months of speculation that it was backing out of its deal to acquire Tiffany & Co., LVMH announced Wednesday that the deal is off. The...

CNBC Helps Designer Get Consigned Goods Back

Designer Alex Soldier’s woes getting consigned goods returned from bankrupt Neiman Marcus were recently featured on the CNBC web series Money...

Seng Jewelers Files for Chapter 11

On Thursday, Seng Jewelers, a century-old Louisville, Ky., retailer that has struggled with legal and financial issues over the past year, filed for...

Kingold Jewelry Probed for Alleged Fake Gold Use

Kingold Jewelry, the Wuhan, China–based jewelry manufacturer that is publicly listed in on Nasdaq, faces a local investigation over its alleged use...