The RJC is the worldwide membership and standards organisation for responsible jewelry throughout the complete supply chain, from mining to retail. GIT, an agency of the Commerce Ministry, emphasised that while the trade primarily centres around design and the power to refine uncut jewels, the idea of sustainability should not be ignored. Citing sources near the negotiation, business publication Financial Times reports that Tiffany & Co.’s board of administrators accepted a new revised offer from LVMH of $US131.50 per share during an in a single day assembly on Wednesday 28 October. Quoting sources close to the negotiation, US enterprise publication CNBC reports that the two events are in “fluid” talks to revise the phrases of the merger, decreasing the general value of the deal from $US135 per share to $130–133 per share. The jewellery firm reiterated that the assertion of Material Adverse Effect due to COVID-19 has “no factual, contractual or legal assist”.
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The World Federation of Diamond Bourses concluded its annual Presidents’ Meeting for 2024, held in Shanghai, China. The three-day assembly explored essentially the most urgent issues going through the world diamond industry – the G7… Bongiasca’s signature types, the Vine ring, a necklace and two styles of earrings, have been reinterpreted with a few of Philosophy di Lorenzo Serafini’s most iconic colours, including purple and lilac. Jewelry collaborations and new capsule collections from unbiased designers will make great holiday items. A little further from house, Harry Winston has opened a new area in Shinjuku, Tokyo.