Anglo could take writedown on De Beers after diamond slump

[ad_1] By Bloomberg Published Feb 9, 2024 Anglo American Plc said it could take an impairment on its De Beers diamond unit after the sector was hit by a collapse in prices last year and any recovery this year is expected to be slow. Bloomberg Anglo said Thursday it was assessing its carrying value of […]

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De Beers warns diamond recovery will be slow after terrible year

[ad_1] By Bloomberg Published Feb 8, 2024 De Beers expects any recovery in the beleaguered diamond market to be slow and gradual as the industry continues to suffer from weak economic growth in key markets such as China and the US.  Bloomberg The sector almost came to a complete standstill in the second half of […]

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Farfetch links with major and local names on Modest Fashion Capsule Collection

[ad_1] Luxury fashion e-tail giant Farfetch has unveiled its modest fashion offer and campaign, showcasing capsule collections from over 30 regional and international designers that are available exclusively on the site.  Covering women’s, men’s and kidswear, they launch on 31 January and are available until April. The e-tailer said the campaign “redefines modest dressing, blending […]

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