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Asian Star Revenue Lifted by Steady Diamond Sales
Asian Star’s revenue increased in the first fiscal quarter, the Mumbai-based diamond manufacturer reported. Profit, however,...
News Sep 20, 2016 Rapaport News
Frederick Goldman
Frederick Goldman Hires Veteran to Oversee Quality
Frederick Goldman, a U.S.-based jewelry manufacturer and distributor, appointed former Gemvara executive Noah Pearce to head its...
News Sep 11, 2016 Rapaport News
Uzi Levami, CEO, Sarine
Sarine Sales Surge as Diamond Market Recovers
Sarine Technologies’ revenue rose 45 percent in the second quarter as a pickup in the global diamond trade helped increase...
News Aug 08, 2016 Rapaport News
Kiran Gems
Kiran Gems Expands With New Surat Factory
Kiran Gems opened a new factory in Surat in response to the company’s growth and increased demand. The 200,000...
News Aug 07, 2016 Rapaport News
India
India Set for ‘First of its Kind’ Jewelry Park
India’s Gem & Jewellery Export Promotion Council (GJEPC) is planning to develop the nation’s first industrial park...
News Jul 31, 2016 Rapaport News
James C. Polan OPIC
U.S. Backs Funding for Botswana Diamond Trade
The U.S. government has agreed to guarantee a $125 million loan to Botswana’s diamond manufacturing industry to promote local...
News Jul 26, 2016 Rapaport News
Kitso Mokaila
Botswana Beneficiation Still Viable, Says Minister
Diamond beneficiation is still a viable project in Botswana even as global market conditions have slowed the nation’s trade,...
News Jul 24, 2016 Rapaport News
Shrenuj
Shrenuj Defends Position After Asset Seizure
Shrenuj & Co. said an order seizing its inventories and restricting the movement of its senior managers...
News Jul 05, 2016 Rapaport News
Asian Star logo
Asian Star’s Profit Slides Despite Sales Growth
Asian Star, a Mumbai-based diamond manufacturer, reported profit dropped in the past fiscal year even as revenue rose....
News May 23, 2016 Rapaport News
sarine
Diamond Manufacturing Revival Lifts Sarine Sales
Sarine Technologies reported a recovery in quarterly revenue and profit as diamond manufacturing levels increased. The company, which...
News May 09, 2016 Rapaport News
Karl Lagerfeld
Frederick Goldman Ties Up with Karl Lagerfeld
Karl Lagerfeld has struck a deal with jewelry manufacturer Frederick Goldman to bring the German fashion house’s...
News May 08, 2016 Rapaport News
kingold
Kingold Jewelry’s Sales -10% in 2015 as Gold Price Dips
Kingold Jewelry, a China-based designer and manufacturer of gold products, reported sales fell 9.7 percent to $1 billion last...
News Mar 29, 2016 Rapaport News
Standard Chartered
Standard Chartered Seeks to Curb $2B Diamond Exposure
Standard Chartered is demanding its clients in the Indian and Belgian diamond trade get more loan protection...
News Mar 24, 2016 Rapaport News
Cutting Wheel
Dallas Diamond Firms to Launch Cutting Facility in Texas
Dallas-based The Diamond Doctor and Southwest Diamond Cutters have joined forces to open a “state-of-the-art” cutting facility....
News Mar 16, 2016 Rapaport News
Shrenuj
Shrenuj Swings to Fiscal 3Q Loss as Sales Slump 34%
India-based diamond manufacturer Shrenuj & Company reported revenue slumped 34 percent year on year to $182.8 million (INR...
News Mar 02, 2016 Rapaport News
Frederick Goldman
Frederick Goldman Acquires Assets of Costa Rica’s Joyeros Costarricenses
Jewelry manufacturer Frederick Goldman has bought “selected assets” of Costa Rica-based bridal jewelry company Joyeros Costarricenses....
News Mar 02, 2016 Rapaport News
Stuller
Stuller Adds Lab-Grown Diamonds to Product List
Jewelry manufacturer Stuller added lab-grown diamonds to its repertoire of gems used in its products. Its synthetic stones...
News Mar 01, 2016 Rapaport News
sarine
Sarine’s 4Q Revenue -32%, Profit Plummets 62%
Sarine Technologies reported revenue slumped 32 percent to $12.4 million in the fourth quarter that ended December 31 as diamond...
News Mar 01, 2016 Rapaport News
Asian Star
Asian Star’s 4Q Revenue -3%, Profit -25%
India-listed Asian Star reported quarterly revenue declined 2.6 percent year on year to $101.7 million (INR 6.9...
News Feb 10, 2016 Rapaport News
polished Diamond
Leo Schachter Hires Sales VP from Frederick Goldman
Polished diamond manufacturer Leo Schachter Diamonds has appointed Frederick Goldman’s senior vice president Joseph Green...
News Jan 20, 2016 Rapaport News
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