Edward Asscher succeeds Stephane Fischler, whose two-year term comes to an end. Feriel Zerouki elected as first female WDC Vice President; will succeed Edward Asscher as WDC President in 2022
Jewelry
As a result of the decline in demand for diamonds, owing to the global pandemic, the Lomonosov Division of Severalmaz, a subsidiary of ALROSA Group cuts diamond output this year
Dharmanandan Diamonds Pvt. Ltd. (DDPL) has announced that it will organize the first ever Virtual Trade Show – Diamond Prevé, a private exhibition for customers
Rough diamond sales volume and prices will fall in 2020 as a result of the near shutdown of the global economy, Moody’s Investors Service said in a report
The LVMH board met on June 2 to discuss its takeover of Tiffany & Co. It’s said that the $16.2 billion deal was less certain than before Covid-19
Production is averaging almost 2,000 tons a day since 11 May to bring total to 41,500 tons
