De Beers taking 'serious look' at diamonds as investment
London--The drop in traditional demand for diamonds has De Beers taking a "serious look" at an alternative market for the stones--diamonds for investment, a company spokeswoman confirmed to National...
De Beers' production down 90 percent in 1Q
London--Production for diamond-mining giant De Beers declined nearly 91 percent in the first quarter of 2009, as the company slowed production due to a sharp drop in worldwide demand for diamonds.
De Beers cites market improvement
New York--Positive statements about improving conditions in the diamond sector continue to flow from De Beers, which says the market has gained increasing momentum since a low point in 2008.
De Beers notes improvement in diamond production
Gaborone, Botswana--Diamond mining resumed this week at three out of four mines in Botswana operated by Debswana, the joint venture between the government of Botswana and De Beers.
De Beers axes 25 percent of U.K. staff
London--Following a three-month comprehensive review, De Beers has cut about 25 percent of its United Kingdom staff, a spokeswoman confirmed to National Jeweler on Tuesday.
Sales up slightly for De Beers in '08
London--Sales for De Beers SA increased 1 percent in 2008, with the global economic crisis hitting the company hard in the fourth quarter.
De Beers names new CEO for U.S. operations
New York--Hamida Belkadi is the new chief executive officer for De Beers Diamond Jewellers U.S., filling a position that has been vacant since 2007, according to information released by the company on...
De Beers, Royal Asscher gear up for Brides' 75th
New York--In celebration of Brides magazine's upcoming 75th anniversary, De Beers and Royal Asscher are both creating diamond jewelry pieces that will be given away to lucky Brides readers.
De Beers planning staff cuts
London--De Beers has begun an operational review at its headquarters in London that will mean a reduction in staff, a De Beers spokesperson confirmed to National Jeweler on Thursday.
De Beers opens 11th U.S. store
Bal Harbour, Fla.--Diamond miner turned retailer De Beers opened its 11th U.S. location on Tuesday with the launch of its store at the Bal Harbour Shops in Bal Harbour, Fla.
De Beers' holiday campaign available online
London--Jewelers wanting to share in De Beers' "unprecedented" holiday marketing blitz can now access free advertising materials online.
Report: Luxury consumers becoming more discerning
London--Today's luxury consumers are looking for more than just a label, a new report by London-based diamond giant De Beers Group shows.
De Beers reveals holiday ad blitz
Stressing the appeal of owning "fewer, better things," De Beers will promote the diamond jewelry gift as a rock-solid "icon of enduring value" in rickety economic times.
De Beers details 'unprecedented' holiday ad blitz
New York--Stressing the appeal of owning "fewer, better things," De Beers' newly intensified holiday marketing campaign will promote the diamond jewelry gift as a rock-solid "icon of enduring value"...
De Beers opens ninth U.S. store
Costa Mesa, Calif.--De Beers has opened its latest U.S. store at South Coast Plaza in the Orange County, Calif., city of Costa Mesa.
De Beers opens ninth U.S. store
Costa Mesa, Calif.—De Beers has opened its latest U.S. store at South Coast Plaza in the Orange County, Calif., city of Costa Mesa.
De Beers to double holiday marketing spend
New York--De Beers, the diamond industry's main marketing machine long thought stalled, will now kick it into high gear this holiday season with a doubling of its marketing budget and a new diamond...
De Beers to double holiday marketing spend
New York—De Beers, the diamond industry's main marketing machine long thought stalled, will now kick it into high gear this holiday season with a doubling of its marketing budget and a new...
De Beers plans three more U.S. stores in 2008
New York—Diamond giant De Beers will open up three more retail stores in the United States before the end of the year, according to a release from the company.
De Beers sells Williamson Mine to Petra
Dar Es Salaam, Tanzania—De Beers Sociétété Anonyme has agreed to sell its stake in a Tanzanian diamond mine to Petra Diamonds Ltd. for $10 million, De Beers announced this...