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

  • 📰 Forbes
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines