De Beers is sitting on a $2 billion pile of diamonds as demand slumps — ‘It’s been a bad year’
The diamond giant's $2 billion in inventory is the most since the 2008 financial crash, according to the Financial Times.
De Beers builds up largest diamond stockpile since 2008 crisis as demand slumps, report says
De Beers has accumulated the biggest stockpile of diamonds since 2008, the Financial Times reported. Weak demand and rising ...
Diamond Mountain Casts A Long Shadow On The Sale Of De Beers
Selling De Beers, the biggest transaction ever attempted in the diamond industry, just got a little harder with news that it ...
De Beers amasses its biggest diamond stockpile since 2008 financial crisis
De Beers Group has amassed its biggest stockpile of diamonds since the 2008 financial crisis, laying bare the group’s ...
De Beers diamond inventory grows to $2 billion amid weak Chinese demand, lab-grown competition - report
De Beers largest diamond stockpile since 2008 shows challenges from weak Chinese demand and growing lab-grown diamond competition. The company is cutting supply and ramping up marketing ahead of a ...
The Financial Times4d
De Beers amasses biggest diamond stockpile since 2008 financial crisis
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. De Beers Group has amassed its biggest stockpile of diamonds since the 2008 financial crisis, laying bare ...