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Rapaport TradeWire January 19, 2017
RAPAPORT NEWS SERVICE | January 19, 2017...
TradeWire Jan 19, 2017 Rapaport
Rapaport Weekly Market Comment
Sentiment improving as jewelers begin stock replenishment after mediocre holiday season. Independents outperform majors and online takes significant market share from...
News Jan 19, 2017 Rapaport News
India Arch
Rapaport Weekly Indian Market Report
Trading improving with foreign buyers looking for bargains in Mumbai. Shortages in select categories as fresh post-Diwali supply...
Statistics Jan 19, 2017 Rapaport News
Industry Stock Ticker Stock Image
Rapaport Diamond Industry Stock Tracker
Birks Group (+15%) stood out among U.S. retailers as its holiday sales outperformed the jewelry market....
News Jan 19, 2017 Rapaport News
De Beers Sorting
De Beers Testing Fixed-Price Forward Contracts
De Beers will start piloting fixed-price forward contracts for its auctions business next month to offer more...
News Jan 19, 2017 Rapaport News
Bruce Cleaver De Beers
Forevermark Holiday Sales Outperform Rest of Trade
Forevermark diamond sales in the U.S. jumped 6.4 percent during the holiday season as product launches and...
News Jan 19, 2017 Rapaport News
DPA
Diamond Marketing Body Seeks Cash Injection
The Diamond Producers Association (DPA) plans to increase its annual budget to $60 million from $6 million by asking...
News Jan 19, 2017 Rapaport News
diamcor
Diamcor Prices Succumb to India Liquidity Crisis
Diamcor reported weaker prices at its fiscal third-quarter tenders as India’s demonetization policy that sapped liquidity from...
News Jan 18, 2017 Rapaport News
Luk Fook Jewellery Macau
China a Bright Spot as Luk Fook Sales Decline
Luk Fook reported same-store sales fell 10 percent in the third fiscal quarter as a continued decline in its Hong...
News Jan 18, 2017 Rapaport News
Surat Diamond Workers
Demonetization Stifles India’s Diamond Imports
India’s diamond trade is still reeling from the government’s shock demonetization policy as local demand for rough...
News Jan 18, 2017 Rapaport News
Saxendrift Rockwell
Rockwell Sales Slump Amid Legal Woes
Rockwell Diamonds reported revenue dived 51 percent to $2.7 million (CAD 3.5 million) in the third fiscal quarter...
News Jan 17, 2017 Rapaport News
small ice road
Diavik Mine to Escalate Diamond Production
Dominion Diamond Corporation forecast production at the Diavik mine in Canada will increase by up to 14 percent this year after...
News Jan 17, 2017 Rapaport News
Tiffany - must attribute to Newscast
Trump Protests Disrupt Tiffany Holiday Sales
Tiffany & Co reported holiday sales declined 4 percent to $483 million in the Americas amid weaker consumer spending...
News Jan 17, 2017 Rapaport News
argyle rough
Rio Tinto Raises Diamond Output
Rio Tinto’s rough-diamond production grew 4 percent to 18 million carats in 2016, the lower end of its guidance, as it continued...
News Jan 17, 2017 Rapaport News
Sierra Leone president Ernest Bai Koroma
Sierra Leone President Upbeat on Diamonds
Sierra Leone President Ernest Bai Koroma spoke optimistically of the nation’s future in the diamond industry on a visit...
News Jan 16, 2017 Rapaport News
Shopping Mall
NRF Reports Some Holiday Cheer
Holiday retail sales rose 4 percent driven by an accelerated economic recovery even as certain large chain stores reported...
News Jan 16, 2017 Rapaport News
Gold bars
Gold Set to Shine on Stronger Asian Demand
The World Gold Council (WGC) predicted gold prices will continue to rise in 2017 as growth in Asia and...
News Jan 16, 2017 Rapaport News
Fellows diamond tiara
Diamond Tiara Crowns Fellows Auction
U.K.-based auction house Fellows sold $627,000 (GBP 520,000) worth of jewelry last week, with the event...
News Jan 16, 2017 Rapaport News
Lace Diamond Mine DiamondCorp
DiamondCorp Insolvency Hinges on Wage Deal
DiamondCorp warned it will likely enter insolvency proceedings unless an agreement is reached over retrenchment and payment of outstanding...
News Jan 15, 2017 Rapaport News
Alrosa sorter
ALROSA’s Diamond Resources Decline
ALROSA’s rough diamond resources fell 4 percent to 1.03 billion carats as at July 1, 2016, the Russia-based miner reported....
News Jan 15, 2017 Rapaport News
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Weekly Market Comment

Sentiment improving as jewelers begin stock replenishment after mediocre holiday...

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Features IconThe Color Codex

Figure 1Color is the most important characteristic of a colored gemstone. The...

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