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Patek Philippe Aquanaut 5167A at store in Bangkok
US and Europe Drive Increase in Watch Exports
Swiss watch exports grew strongly in May as demand strengthened in the US and Europe while orders of high-end timepieces
News Jun 22, 2022 Rapaport News
Employee holding three rough diamonds in palm of h
De Beers Sales Accelerate Following Price Rise
De Beers’ sales soared to $650 million in June as demand held up and the lack of Russian supply led to shortages.The
News Jun 22, 2022 Rapaport News
Venetian Expo
Positive Vibes as Las Vegas Shows End
Sentiment was high as the 2022 JCK Las Vegas show came to an end, with exhibitors reporting solid
News Jun 15, 2022 Joshua Freedman and Hannah Blaine
Macy's NY
Macy’s Notes Shift to Occasion-Based Spending
Macy’s reported strong sales of luxury products and raised its profit forecast as the US retail sector weathered
News May 26, 2022 Rapaport News
NY diamond district
US Polished Trade Grows in First Quarter
US polished-diamond imports rose 41% to $6.34 billion in the first three months of the year, according to recent data
News May 25, 2022 Rapaport News
Indian bridal jewelry
US Rebound Drives Sales Jump at India’s Goldiam
Indian jewelry manufacturer Goldiam International saw strong sales growth in the past fiscal year amid resurgent
News May 22, 2022 Rapaport News
Brilliant Earth showroom
Brilliant Earth Trims Sales Outlook
Brilliant Earth lowered its revenue guidance as geopolitical and economic concerns began to weigh on retail demand, even
News May 15, 2022 Rapaport News
Alrosa rough diamond
World Diamond Council Removes Alrosa
The World Diamond Council (WDC) ended Alrosa’s membership on Friday in response to the latest US sanctions against the
News Apr 12, 2022 Rapaport News
Alrosa 150
US Imposes Further Sanctions on Alrosa
The US has blocked assets belonging to Alrosa in the government’s latest action against the Russian miner. The
News Apr 10, 2022 Rapaport News
Rough diamonds Alrosa
Lawmakers Seek Review of Sanction ‘Loopholes’
Eleven US Congress members have asked the government to reconsider details that severely limit the impact of the
News Apr 07, 2022 Rapaport News
Chopard store Cologne Germany
Chopard Stops Sourcing Russian Diamonds
Chopard has become the latest retailer to boycott diamonds originating from sanctioned Russian companies, citing its
News Mar 31, 2022 Rapaport News
Richard Katz JBT
JBT Elects Richard Katz as Chairman
The Jewelers Board of Trade (JBT) has named Richline Group’s Richard Katz as chairman of its board. Katz,
News Mar 31, 2022 Rapaport News
Diamond Foundry
Diamond Foundry Sues US Authorities
Lab-grown producer Diamond Foundry has sued the US government over President Donald Trump’s tariffs on Chinese goods.The
News Mar 23, 2022 Rapaport News
Rebecca Foerster Alrosa
Alrosa to Shut US Office
Alrosa plans to close its New York operations as tensions between the US and Russia escalate. Rebecca Foerster,
News Mar 21, 2022 Joshua Freedman
Alrosa diamond sorting
Russian Goods Cut Elsewhere Are Legal: JVC
Russian-mined diamonds polished in other locations are allowed into the US under the latest import sanctions — but
News Mar 15, 2022 Joshua Freedman
Alrosa rough diamond ready for cutting and polishi
US Bans Imports of Russian Diamonds
US President Joe Biden has issued an executive order prohibiting the import of “nonindustrial” diamonds originating in Russia. The
News Mar 13, 2022 Rapaport News
Rebecca Foerster Alrosa
Alrosa US Chief Leaves Role at Diamonds Do Good
The head of Alrosa’s American operations has resigned as president and board member at Diamonds Do Good (DDG) amid
News Mar 08, 2022 Rapaport News
Alrosa 150
Alrosa Sales Continue via Non-Dollar Payments
Alrosa clients have continued to buy rough from the miner by sending payment in currencies other than dollars
News Mar 06, 2022 Joshua Freedman
Alrosa Jubilee mine
India Fears Effects of Russia Sanctions on Supply
India’s diamond industry has raised concerns about further supply shortages after Western sanctions on Russia threatened
News Feb 28, 2022 Joshua Freedman
Alrosa rough
US Places Sanctions on Russian Miner Alrosa
The US has imposed sanctions on Alrosa and its CEO, Sergey S. Ivanov, in response to Russia’s invasion of Ukraine. The
News Feb 27, 2022 Rapaport News
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