After heated exchanges at the beginning of the month, the Rapaport Group has released a statement accusing the international diamond mining and retail corporation of "destroying transparency" in the industry.
Shanghai has a new luxury address, with the opening of Bulgari Hotel Shanghai. Set on the riverbank not far from the city's famous waterfront The Bund, Bulgari Hotel Shanghai is a 48-floor tower that features 82 rooms.
Shareholders in mining company Petra Diamonds on Wednesday approved a rights issue to raise about $170 million (127.4 million pounds) to help cut its debt burden, driving the share price around 5 percent higher.
A new deal between Harvey Nichols and tech firm Hero sees the luxury retailer offering a physical stores experience to online shoppers, and in its test phase its has driven conversion rates much, much higher.
The billionaire jeweller at the heart of a more than $2 billion fraud case in India, has fled to the UK where he is claiming political asylum, the Financial Times reported on Sunday, citing Indian and British officials.
Chow Tai Fook Jewellery Group, China’s largest jeweller by market value, reported on Thursday a 34% jump in its yearly profit, underpinned by improved consumer sentiment and an uptick in mainland tourists to Hong Kong.