Major jewellers to cease buying Russian-origin diamonds after increased scrutiny

Several big name brands including Tiffany, Pandora and Chopard announce a pause on buying raw materials of Russian origin amid war in Ukraine

Major jewellers are ditching Russian diamonds after facing increased scrutiny over how Russia’s state-controlled diamond monopoly could fund Putin’s war on Ukraine.

A host of high-profile international jewellers, including American brand Tiffany & Co, Swiss watch and jewellery-maker Chopard, Signet, the largest retailer of diamond jewellery, and Pandora, the world’s largest jeweller, have released statements saying they will stop buying diamonds of Russian origin.

Continue reading…

Next Post

Russia-Ukraine war latest: GCHQ head says some Russian soldiers ‘refusing to carry out orders’; Putin ‘misled over Russian military performance’ – live

Thu Mar 31 , 2022
Britain’s spy service chief says there’s new intelligence some Russian soldiers are ‘sabotaging their own equipment’; White House says Russian president’s advisers ‘too afraid to tell him the truth’ as EU says he is surrounded by ‘yes men’ Russia-Ukraine war: what we know on day 36 of the Russian invasion […]

You May Like