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Weekly Comments 10/10/2003
Oct 10, 2003 12:00 AM
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News: U.S. retail demand increasing with outlook for internet sales improving. DTC holiday advertising campaign, "Celebrate Her," will push three-stone diamond jewelry, solitaires and right hand rings. 4/4 market strong especially in F, VV1. Far East demand for I-J, VVS goods increasing. Indian market weak with pre-Christmas slow-down and rumors of more business failures. Russia and U.S. discuss future partnerships at NY Diamond Dealers Club. Belgium's polished exports up 20% to $774 million in September. India's September polished exports up 36.3% to $867.2 million.
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Tags:
Belgium, DTC, India, Jewelry, NY Diamond Dealers Club, Russia
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