Article 5XPBR Major jewellers to cease buying Russian-origin diamonds after increased scrutiny

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

by
Tess McClure
from World news | The Guardian on (#5XPBR)

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.

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