JOHANNESBURG — The first employees’ strike to hit global diamond giant De Beers’ South African operations in 19 years entered its seventh day on Thursday, as the company reported record high sales of $3.49 billion for rough diamonds worldwide for the first half despite below-target output.
Earnings excluding extraordinary items more than doubled to $666 million. The company said sales were driven by exceptional price growth, powered by a strong demand for diamonds in the U.S., China and India.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"