De Beers Expects Rough Sales of $315 Million at Fifth Sight
De Beers reported diamond sales of $315 million for the fifth sales cycle of 2024, a 31% reduction from $456 million in Cycle 5, 2023. Sales declined 18% compared to $383 million in the preceding fourth quarter of 2024. Al Cook, CEO of De Beers Group, stated, “The northern summer is generally a quieter period […]
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