De Beers, the world's biggest diamond company, said Friday February 8th its 2007 sales fell three percent to 6.84 billion dollars (4.71 billion euros) and flagged a "high level of uncertainty" about its business this year.
New York authorities said Wednesday, December 5th, they had broken up a gang that smuggled dozens of containers of Chinese-made fake handbags and shoes into the United States disguised as shipments of noodles.
The world's biggest diamond company De Beers said Thursday it was selling its historic Cullinan Diamond Mine in South Africa, where the largest ever diamond was found. It said it was selling the mine for one billion rand (147 million US dollars, 99 million euros).
Chanel's essentially up-market jewelry and watch boutique on Paris' home-of-luxury square, the Place Vendome, marks its 10th anniversary with a total makeover almost doubling the floor space, and a new diamond collection for the ultra rich.
Bulgarian police said Thursday, October 24th they had seized a huge cache of antique coins and other precious objects and arrested 13 people allegedly involved in an antique smuggling ring to the United States and Europe.
A reward of half a million dollars (352,000 euros) is being offered for the return of jewels stolen in an armed robbery this month from a luxury jewellery shop on the high-fashion Avenue Montaigne in Paris.
The world's richest diamond mine, which produces up to 15 million carats a year, celebrated its silver jubilee in Botswana on Friday, october 19th amid concerns about the growing cost of diamond mining.
Armed robbers got away with around ten million of euros (14 million dollars) worth of merchandise in a raid on a luxury jewellers just off the Champs Elysees in Paris Saturday, October 6th, said a police source.