# Richemont May Join De Beers Bid

> Luxury group Richemont could join forces with Signet Jewelers to buy De Beers diamond miner.
- Title: Richemont May Join De Beers Bid · Robb Report | Shortify
- Summary: Luxury group Richemont could join forces with Signet Jewelers to buy De Beers diamond miner. Richemont may join a bid to purchase De Beers from Anglo…
- Keywords: richemont, de beers, signet jewelers, global diamond consortium, anglo american plc, diamonds, May, Join, Beers, Bid, Robb Report
- Source: Robb Report — https://robbreport.com/style/jewelry/richemont-signet-buying-de-beers-report-1238762073
- Author: Nicole Hoey
- Published: 2026-10-16T16:00:00+00:00
- Read time: 1 min
- Topics: richemont, de beers, signet jewelers, global diamond consortium, anglo american plc, diamonds
## Richemont Considers De Beers Bid
Richemont may join a bid to buy De Beers from Anglo American Plc through the Global Diamond Consortium.
## Global Diamond Consortium Leads Bid
The consortium includes Namibia and Angola, two massive diamond producers, and has reportedly discussed Botswana to increase stake to near 25 percent.
## Richemont's Jewelry Boom
Jewelry sales rose 24 percent to 71 percent of total sales, driving 20 percent Q1 increase over 2025.
## De Beers Shift to Natural Diamonds
De Beers shut down man-made diamond business last year to focus on natural gems.
## Key takeaway

Richemont may join a bid to purchase De Beers from Anglo American Plc through the Global Diamond Consortium.