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Major Luxury Jewelry Brands Abandon Industry Group Over Russia Ties—But LVMH Still Quiet

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The Responsible Jewellery Council has not suspended the membership of Alrosa, the world’s largest mined diamond producer that’s owned by Russia.

Kering, whose holdings include Boucheron – one of the oldest French jewelry ateliers – Pomellato and Qeelin, also left the RJC over what it said was the group’s “inability toPandora, the world’s largest jewelry maker, announced Wednesday it was leaving the RJC after 12 years of

membership over the group’s “failure toRJC executive director Iris Van der Veken alsoThe RJC did not immediately respond to aIf more brands will leave the RJC. It’s likely there will be “a floodgate of big companies now leaving,” Tobias Kormind, an industry expert and managing director of

 

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Major Luxury Jewelry Brands Abandon Industry Group Over Russia Ties—But LVMH Still QuietThe Responsible Jewellery Council has not suspended the membership of Alrosa, the world’s largest mined diamond producer that’s owned by Russia.
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