A veteran of the luxury industry has been named successor to Birks & Mayors' retiring president and chief executive officer (CEO).

Montreal-based CrownRing has signed a deal that will see its Carlex brand sold through London Jewelers' five locations in New York.

Mining giant BHP Billiton has sold its controlling interest in Nunavut's Chidliak project, giving the other stakeholder, Peregrine Diamonds, 100 per cent ownership.

Pandora Jewelry is on the defensive following a reprimand by NASDAQ OMX Copenhagen that it did not inform the market it would miss its annual revenue forecast of 30 per cent growth.

Healthy demand for coloured gemstone and diamond jewellery is helping to offset a decrease in the purchase of gold jewellery in India.