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Dominion Ekati 150
Dominion in Flux as CEO Resigns
Patrick Merrin has stepped down as interim CEO of Dominion Diamond Mines, deeming it “appropriate” to focus on his position
Mining Oct 20, 2020 Leah Meirovich
FIT student at bench
Plumb Club Partners with Fashion Institute
The Plumb Club, an alliance of jewelry suppliers, has launched a collaboration with New York’s Fashion Institute of Technology
Polished Markets Oct 20, 2020 Rapaport News
Petra restructure 150
Petra Lenders Take Majority Control of Company
Petra Diamonds has called off its formal sales process, as its lenders have acquired majority ownership
Mining Oct 20, 2020 Leah Meirovich
Brittany Lewis and Caleb Wood
Two Execs Join WD Lab Grown Diamonds
WD Lab Grown Diamonds has hired heads of marketing, merchandise and operations as the US-based producer expands under
Polished Markets Oct 20, 2020 Rapaport News
Coronavirus
Coronavirus Updates: Impact on the Diamond Trade
The Covid-19 pandemic that has swept the globe has had a notable impact on the diamond industry,
Polished Markets Oct 20, 2020 Rapaport News
Podcast Oct 2020
Podcast: Cash, Credit and Covid-19
The coronavirus crisis has split US jewelers into haves and have nots, Jewelers Board of Trade (JBT)
Financial-Legal Oct 20, 2020 Joshua Freedman
Chaim Pluczenik
Chaim Pluczenik Becomes AWDC President
The board of the Antwerp World Diamond Centre (AWDC) has elected Chaim Pluczenik as president, a spokesperson for
Polished Markets Oct 19, 2020 Rapaport News
MP Gahacho Kue 150
Mountain Province Output Thrives in Third Quarter
Production at Gahcho Kué rose in the third quarter as Mountain Province mined from a higher-grade portion of the deposit.Ore
Mining Oct 19, 2020 Rapaport News
Luk Fook Hong Kong store
Luk Fook Suffers as Tourists Snub Hong Kong
Sales at Luk Fook slumped in the second fiscal quarter as the Hong Kong-based jeweler suffered from a continued
Retail Oct 19, 2020 Rapaport News
Chow Tai Fook store Chengdu China
China Resurgence Lifts Chow Tai Fook
Retail sales at Chow Tai Fook grew 2.6% year on year in the second fiscal quarter as a strong recovery
Retail Oct 18, 2020 Rapaport News
Rio Argyle mine 150
Lower Grades at Argyle Hit Rio Tinto Output
Rio Tinto’s diamond production dropped in the third quarter amid lower mining grades at its Argyle deposit,
Mining Oct 18, 2020 Rapaport News
NRF Holiday Shopping 150
US Retail Sales on Recovery Path
US retail sales rose in September, marking the fourth straight month of year-on-year gains, and nearly doubling August’s
Retail Oct 18, 2020 Rapaport News
Diamond jewelry retail
Jewelry Trade Continues to Shrink
The US jewelry industry continued to downsize in the third quarter, with 101 companies leaving the business, according
Retail Oct 18, 2020 Rapaport News
Alrosa mine trucks
Alrosa Upbeat as Diamond Sentiment Improves
Alrosa gave a positive assessment of the diamond market ahead of the holidays after rough and polished trading
Mining Oct 18, 2020 Rapaport News
LVMH 150
LVMH Jewelry and Watch Revenue Slides
LVMH’s jewelry and watch sales declined in the third quarter, even as a recovery in China buoyed sales, the
Retail Oct 18, 2020 Rapaport News
Rapaport Logo
Rapaport Weekly Market Comment
Rising expectations for US holiday season. Retailers beginning early promotions and planning for longer 4Q selling period
Polished Markets Oct 15, 2020 Rapaport News
Alrosa 108 carat diamond 150
Alrosa Cancels October Rough Sale
Alrosa will not hold a rough trading session in October in an effort to avoid releasing too many goods during
Rough Markets Oct 15, 2020 Rapaport News
Bharat Diamond Bourse
Drop in India’s Exports Eases Further
India’s polished-diamond exports declined 20% in September — a more moderate fall than the country had experienced in previous
Polished Markets Oct 15, 2020 Rapaport News
Tiffany One Peking store
Tiffany Encouraged by 3Q Momentum
Tiffany & Co. has witnessed a rebound in its operations during the third fiscal quarter, driven by growth
Retail Oct 15, 2020 Rapaport News
Lucapa Mothae diamond 150
Lucapa’s Mine Resource Estimate for Mothae Climbs
Diamond resources at Lucapa Diamond Company’s Mothae mine in Lesotho are 280% higher than it originally estimated, it said
Mining Oct 15, 2020 Rapaport News
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Weekly Market Comment

Rising expectations for US holiday season. Retailers beginning early promotions

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