> KGK Launches B2B Website
KGK Group launched an e-commerce website, eKGK, providing a consolidated platform for showcasing KGK’s global diamond inventory to buyers in the trade. The site will enable KGK clients to reach out to their own clients providing inventory updating 24/7.

(September 13, 2009)

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> Police Charge Man with Graff Robbery
British police arrested and charged a man in connection to the Graff Jewellers robbery on August 6. In addition, eight other men have been arrested in connection to the crime.

(August 06, 2009)

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> WFDB Calls on Kimberley Process to Release Zimbabwe Report
The Executive Committee of the World Federation of Diamond Bourses (WFDB) called on the Kimberley Process Certification Scheme (KPCS) to release its report and recommendations regarding the Zimbabwe diamond mining sector as soon as possible. The WFDB Executive Committee met at the London Diamond Bourse on Monday.

(September 08, 2009)

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> De Beers Launches New Season Marketing Campaign
De Beers on Wednesday provided a first glimpse into their fourth quarter marketing campaign, called Everlon Diamond Knot Collection. Like the Journey campaign of 2008, the Everlon comprises of a background story and a design. The “big new diamond jewelry idea“ aims to raise demand for diamond jewelry during the crucial holiday sales season, mostly in the U.S.

(August 30, 2009)

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> ABN AMRO Bank Botswana to Open In Gaborone
ABN AMRO is opening the ABN AMRO Bank Botswana in Gaborone to provide financial services to local and regional diamond industry players throughout southern Africa. The new bank is scheduled to officially open on September 24.

(August 31, 2009)

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> Leviev's Africa Israel to Renegotiate Loans
Africa Israel Group, controlled by Israeli diamantaire Lev Leviev is expected to start negotiations with banks and bond owners over restructuring debts the group generated following the world economic downturn. The company released its quarterly earnings report listing losses totaling NIS 1.45 billion ($380 million).

(August 30, 2009)

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> Tiffany Q2 Sales Fall 16% to $612.5 Million
Second quarter net sales by U.S. luxury retailer Tiffany & Co. beat company expectations, yet still fell 16 percent to $612.5 million. Net earnings were $56.8 million, down 29.7 percent from the $80.8 million earnings in the prior year.

(August 30, 2009)

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