Richemont exec leaves to pursue ownership role with Breitling

Richemont executive Georges Kern, a 17-year veteran of Compagnie Financière Richemont, has resigned from his position. This announcement comes after Kern nearly rose to the top position in the Swiss luxury…

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Lumondi names new CEO of North American operations

Swiss watch company Lumondi Inc. has named Marc Bernhardt CEO North America. In this role, Bernhardt, an experienced industry leader, will oversee the Luminox and Mondaine brands while working to…

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Canadian retailers are shutting down at an alarming rate—but why?

A new white paper from digital marketing agency DAC Group offers reasoning for recent Canadian retail closures. According to the organization, retailers must focus on customer service and the digital…

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Amazon breaks Canadian records with Prime Day

This year, Amazon’s Prime Day pulled record sales in Canada, with sales rising 60 per cent from 2016’s event.   The 30-hour retail event was geared toward Amazon’s Prime customers,…

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Sears gets court approval to solicit potential buyers

Last week, Sears Canada was granted permission by an Ontario court to immediately seek out a potential buyer while under creditor protection. The motion was approved by Ontario Superior Court…

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ALEX AND ANI partners with Heart & Stroke Foundation

This July, ALEX AND ANI is launching its first exclusively-Canadian CHARITY BY DESIGN partnership with Heart & Stroke Foundation. As part of the partnership, ALEX AND ANI has created the…

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Look of the Week: Atlantic Engraving

Part of Atlantic Engraving’s Mia G. Collection, this stunning wedding band is the perfect marriage of minimalist design and subtle detailing.   What’s more, this piece is perfectly customizable, available…

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Global diamond production fell in 2016

Last week, the Kimberley Process (KP) reported that global rough diamond production fell by value for the second consecutive year. This came as a result of declined output in the…

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Global rough trading sees spike in 2016

Data released by the Kimberley Process (KP) notes that global trading of rough diamonds grew last year amidst an increase in average prices. In 2016, global rough imports grew 15…

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Ekati extension receives government approval for water usage

Dominion Diamond Corporation’s Jay project, an extension of its Ekati mine, has received government approval for a type-A water license.   This important regulatory measure will add an estimated decade…

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FATF cautions against business with North Korea, Iran

The Financial Action Task Force (FATF) has identified nine countries as posing risks to the global financial system. The intergovernmental group notes that the named nations are not taking sufficient…

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How will QVC’s HSN takeover affect the jewellery industry?

The world of e-commerce is about to get a little bit more interesting. QVC, a giant in the world of televised home shopping, has entered into an agreement to purchase…

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